Mercy Medical Foundation
- Assets
- $10.4m
- Revenue
- $1.3m
- Investments
- $6.6m
- Employees
- 0
- Location
- Williston, ND
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 45-0381803
Organization Overview
Mercy Medical Foundation, operating under the name Chi St Alexius Health Williston Foundation, is located in Williston, ND. The organization was established in 1946. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Chi St Alexius Health Williston Foundation 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 06/2021, Chi St Alexius Health Williston Foundation generated $1.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $1.2m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MERCY MEDICAL FOUNDATION SERVES AS THE FUNDRAISING ARM OF MERCY MEDICAL CENTER AND COORDINATES GIFTS OF ENERGY, TALENTS AND FINANCIAL RESOURCES TO BUILD HEALTHIER COMMUNITIES IN OUR REGION.
Describe the Organization's Program Activity:
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janna Lutz Foundation Director (through 1/21) | OfficerTrustee | 40 | $0 |
Scott Ellis Vice Chair | OfficerTrustee | 1 | $0 |
Dan Bjerknes VP Of Operations | OfficerTrustee | 1 | $0 |
Dubi Cummings Foundation Director | OfficerTrustee | 40 | $0 |
Cyndy Aafedt Mccabe Past Chair | OfficerTrustee | 1 | $0 |
Jeff Zarling Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $65,290 |
| Related organizations | $13,100 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $119,451 |
| Noncash contributions included in lines 1a–1f | $18,351 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $197,841 |
| Total Program Service Revenue | $0 |
| Investment income | $77,844 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $625,795 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $413,881 |
| Net Income from Fundraising Events | $20,488 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,335,849 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,196,466 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,428 |
| Advertising and promotion | $6,778 |
| Office expenses | $2,405 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,851 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $267 |
| Interest | $11,546 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $235 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,231,485 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,246,079 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $183,350 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $6,603,682 |
| Investments—program-related | $0 |
| Intangible assets | $31,224 |
| Other assets | $338,358 |
| Total assets | $10,402,693 |
| Accounts payable and accrued expenses | $5,463 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $947,854 |
| Total liabilities | $953,317 |
| Net assets without donor restrictions | $6,855,181 |
| Net assets with donor restrictions | $2,594,195 |
| 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 | $10,402,693 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mercy Medical Foundation has recieved totaling $32,500.
| Awarding Organization | Amount |
|---|---|
Williston Community Builders Williston, ND PURPOSE: HOME HOSPICE CARE FOR THE WILLISTON COMMUNITY | $32,500 |
Endowment Analysis
| Beg. Balance | $1,166,755 |
| Earnings | $307,260 |
| Admin Expense | $2,806 |
| Ending Balance | $1,471,209 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Francis Medical Center Breckenridge, MN | $127,422,671 | $26,046,876 |
Prairie Ridge Hospital And Health Services Inc Elbow Lake, MN | $34,170,156 | $18,758,462 |
Christian Unity Hospital Corporation Grafton, ND | $38,113,224 | $23,246,956 |
Madelia Health Madelia, MN | $18,855,648 | $18,531,553 |
Kittson Memorial Hospital Association Hallock, MN | $15,018,635 | $22,486,843 |
Lake View Memorial Hospital Inc Two Harbors, MN | $43,364,236 | $20,715,565 |
Beartooth Billings Clinic Red Lodge, MT | $33,779,980 | $19,240,078 |
Hazen Memorial Hospital Association Hazen, ND | $41,240,273 | $17,593,721 |
Lakewood Health Center Baudette, MN | $20,759,689 | $14,544,176 |
P R Health Corporation Park River, ND | $28,455,136 | $24,744,336 |
Northern Pines Medical Center Aurora, MN | $24,849,895 | $19,051,893 |
Tioga Medical Center Tioga, ND | $22,606,994 | $17,674,432 |