Ronald Mcdonald House Charities Of The Red River Valley
- Assets
- $7.4m
- Revenue
- $1.1m
- Investments
- $1.5m
- Employees
- 26
- Location
- Fargo, ND
- Founding
- 03/1982
- Data as of
- 12/2021
- EIN
- 45-0365598
Organization Overview
Ronald Mcdonald House Charities Of The Red River Valley is located in Fargo, ND. The organization was established in 1982. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Ronald Mcdonald House Charities Of The Red River Valley employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ronald Mcdonald House Charities Of The Red River Valley is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Ronald Mcdonald House Charities Of The Red River Valley generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $882.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RONALD MCDONALD HOUSE CHARITIES OF THE RED RIVER VALLEY SUPPORTS FAMILIES WHOSE CHILDREN ARE RECEIVING MEDICAL CARE IN THE FARGO-MOORHEAD AREA BY PROVIDING HOME-LIKE COMFORT, SUPPORT AND CARE FOR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY PROGRAM OF RMHC OF THE RED RIVER VALLEY IS OUR RONALD MCDONALD HOUSE IN FARGO, ND. THIS FACILITY PROVIDES A PLACE FOR FAMILIES WITH CHILDREN IN THE HOSPITAL TO FIND RESPITE DURING THEIR CHILD'S ILLNESS.
LOCATED WITHIN THE ESSENTIA HEALTH NICU, THE RONALD MCDONALD FAMILY ROOM SUPPORTS FAMILIES WHILE THEIR CHILDREN ARE IN THE HOSPITAL THROUGH FOOD AND BEVERAGES, SHOWER FACILITIES, ACTIVITIES AND COMPUTER ACCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Christopher Executive Director | Officer | 40 | $74,378 |
Alexis Odden Treasury | OfficerTrustee | 1 | $0 |
Emily Cook Secretary | OfficerTrustee | 1 | $0 |
Shauna Wimer Immediate Past President | OfficerTrustee | 1 | $0 |
Jeremy Ostrowski President | OfficerTrustee | 1 | $0 |
Katie Rizzo Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $14,207 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $736,742 |
| Noncash contributions included in lines 1a–1f | $31,186 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $750,949 |
| Total Program Service Revenue | $80,347 |
| Investment income | $107,838 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,301 |
| Net Income from Fundraising Events | $118,473 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,056,306 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $90,160 |
| Compensation of current officers, directors, key employees. | $4,661 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $278,423 |
| Pension plan accruals and contributions | $1,475 |
| Other employee benefits | $6,211 |
| Payroll taxes | $25,128 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,104 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,001 |
| Advertising and promotion | $2,250 |
| Office expenses | $31,083 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $149 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,919 |
| Interest | $15,569 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $161,057 |
| Insurance | $0 |
| All other expenses | $31,003 |
| Total functional expenses | $882,222 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $587,320 |
| Savings and temporary cash investments | $168,484 |
| Pledges and grants receivable | $625,080 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $28,125 |
| Net Land, buildings, and equipment | $4,094,385 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,457,490 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $474,999 |
| Total assets | $7,435,883 |
| Accounts payable and accrued expenses | $41,816 |
| Grants payable | $0 |
| Deferred revenue | $16,023 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $335,141 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $392,980 |
| Net assets without donor restrictions | $5,334,483 |
| Net assets with donor restrictions | $1,708,420 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,435,883 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Ronald Mcdonald House Charities Of The Red River Valley has recieved totaling $254,537.
| Awarding Organization | Amount |
|---|---|
Sanford Sioux Falls, SD PURPOSE: COMMUNITY HEALTH IMPROVEMENT | $100,000 |
Ronald Mcdonald House Charities Inc Chicago, IL PURPOSE: See part IV - d | $70,406 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $28,000 |
Cullen Childrens Foundation West Fargo, ND PURPOSE: General Support | $25,000 |
Fargo-Moorhead Area Foundation Corporation Fargo, ND PURPOSE: $3930.00-CARING CATALOG $9670.00-GENERAL SUPPORT | $13,600 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $7,000 |
Endowment Analysis
| Beg. Balance | $1,323,229 |
| Earnings | $134,261 |
| Ending Balance | $1,457,490 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Make-A-Wish Foundation Of Minnesota Saint Paul, MN | $4,851,224 | $4,131,969 |
Ronald Mcdonald House Of Rochester Mn Inc Rochester, MN | $26,737,423 | $3,630,445 |
Make A Wish Foundation Of South Dakota Sioux Falls, SD | $13,418,496 | $2,186,251 |
Gift Of Life Inc Rochester, MN | $13,376,304 | $2,566,131 |
Autism Society Of Minnesota St Paul, MN | $1,264,323 | $2,100,028 |
Ronald Mcdonald House Charities Of The Red River Valley Fargo, ND | $7,435,883 | $1,056,306 |
Make-A-Wish Foundation Of Montana Inc Sioux Falls, SD | $136,546 | $557,478 |
Family Visitation Center Sioux Falls, SD | $452,866 | $467,067 |
Cancer Legal Care Oakdale, MN | $453,219 | $620,588 |
Bundles Of Love Apple Valley, MN | $82,254 | $331,653 |
Great Falls Clinic Legacy Foundation Great Falls, MT | $4,174,491 | $637,075 |
Prairie Heart Guest House Inc Sioux Falls, SD | $1,944,106 | $339,898 |