North Dakota Hospital Foundation
- Assets
- $6.8m
- Revenue
- $479.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Bismarck, ND
- Founding
- 07/1993
- Data as of
- 09/2023
- EIN
- 45-0418703
Organization Overview
North Dakota Hospital Foundation is located in Bismarck, ND. The organization was established in 1993. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Dakota Hospital 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 09/2023, North Dakota Hospital Foundation generated $479.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $527.1k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, North Dakota Hospital Foundation has awarded 42 individual grants totaling $3,965,669. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE IMPROVEMENT OF THE HEALTH OF THE PEOPLE OF NORTH DAKOTA THROUGH THE PROVISION OF BETTER HOSPITAL CARE AND FOSTERING AND SPONSORSHIP OF EDUCATIONAL PROGRAMS FOR THE TRAINING OF HEALTH CAREER PERSONNEL, FINANCIAL AID FOR INDIVIDUALS NEEDING ASSISTANCE WHO ARE PURSUING AN EDUCATION IN HEALTH CAREERS, THE PROMOTION OF SCIENTIFIC KNOWLEDGE IN HEALTH CARE ADMINISTRATION, AND THE PROMOTION AND SPONSORSHIP OF RESEARCH IN HOSPITAL ADMINISTRATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOSPITAL PREPAREDNESS (HRSA) PROGRAM GRANT:AS A SUBCONTRACTOR FOR THE ND HEALTH DEPARTMENT, NDHA PURCHASES SUPPLIES AND EQUIPENT FOR THE HOSPITALS IN NORTH DAKOTA AND PROVIDES EDUCATION TRAINING FOR ALL HAZARD PLANNING IN THE STATE.
HQIC- HSAG HAS AS ITS MISSION TO ENSURE THE QUALITY, EFFECTIVENESS, EFFICIENCY AND ECONOMY OF HEALTH CARE SERVICES PROVIDED TO MEDICARE BENEFICIARIES, AND IN ACCORD WITH ITS STATED MISSION DESIRES TO SUBCONTRACT WITH SUBCONTRACTOR.
CAH- TO PROVIDE RELEVANT EDUCATION AND TECHNICAL ASSISTANCE TO ND CAHS IN THE FORM OF A CREDENTIALING WORKSHOP, BOARD EDUCATION, LEADERSHIP CONFERENCE, HEALTHCARE INDICATORS REPORT, AND INDIVIDUALIZED TA FROM THE NDHA LEGAL COUNSEL AND NDHA PRESIDENT AS APPROPRIATE CENTERED AROUND VARIOUS TOPICS SUCH AS MEDICAID EXPANSION, BOARD EDUCATION, WORKFORCE SHORTAGES AND THE COVID-19 PANDEMIC.
HOSPITAL ENGAGEMENT NETWORK (HEN) PROGRAM GRANT:THIS IS A PARTNERSHIP FOR PATIENTS PROJECT DESIGNED TO REDUCE IMPATIENT HARM BY 40% AND READMISSIONS BY 20%.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Blasl President/ceo | OfficerTrustee | 5 | $0 |
Beverly Vilhauer Chair | OfficerTrustee | 2 | $0 |
Jody Nelson Chair-Elect | OfficerTrustee | 2 | $0 |
Chris Albertson Director | Trustee | 2 | $0 |
Ryan Mickelsen Director | Trustee | 2 | $0 |
Scott Schneider Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $63,390 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,390 |
| Total Program Service Revenue | $340,223 |
| Investment income | $195,548 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$149,819 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $479,939 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $159,667 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $37,500 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $46,129 |
| Fees for services: Accounting | $12,145 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $38,508 |
| Fees for services: Other | $10,000 |
| Advertising and promotion | $0 |
| Office expenses | $604 |
| Information technology | $500 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,045 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,465 |
| All other expenses | $29,313 |
| Total functional expenses | $527,121 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $505,454 |
| Pledges and grants receivable | $79,627 |
| Accounts receivable, net | $128,150 |
| 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 | $860 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $6,048,758 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,762,849 |
| Accounts payable and accrued expenses | $44,484 |
| Grants payable | $0 |
| Deferred revenue | $402,429 |
| 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 | $179,856 |
| Total liabilities | $626,769 |
| Net assets without donor restrictions | $6,132,598 |
| Net assets with donor restrictions | $3,482 |
| 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 | $6,762,849 |
Grants Awarded
Over the last fiscal year, North Dakota Hospital Foundation has awarded $3,965,669 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
ALTRU HEALTH SYSTEM PURPOSE: DISTRIBUTE COVID FUNDING | $84,422 |
ASHLEY MEDICAL CENTER PURPOSE: DISTRIBUTE COVID FUNDING | $59,999 |
CAVALIER COUNTY MEMORIAL HOSPITAL PURPOSE: DISTRIBUTE COVID FUNDING | $76,842 |
CHI LISBON HEALTH PURPOSE: DISTRIBUTE COVID FUNDING | $51,603 |
CHI MERCY HEALTH PURPOSE: DISTRIBUTE COVID FUNDING | $58,161 |
CHI OAKES HOSPITAL PURPOSE: DISTRIBUTE COVID FUNDING | $45,589 |