Margaret Mary Health Foundation Inc
- Assets
- $5.9m
- Revenue
- $878.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Batesville, IN
- Founding
- 11/2013
- Data as of
- 12/2022
- EIN
- 45-5039355
Organization Overview
Margaret Mary Health Foundation Inc is located in Batesville, IN. The organization was established in 2013. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, 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. Margaret Mary Health Foundation Inc 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 12/2022, Margaret Mary Health Foundation Inc generated $878.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $434.4k during the year ending 12/2022. While expenses have increased by 6.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCE COMMUNITY HEALTH AND WELLNESS THROUGH PHILANTHROPY AND SUPPORT OF MARGARET MARY HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARGARET MARY HEALTH FOUNDATION (THE FOUNDATION) IS A HOSPITAL FOUNDATION WHOSE PRIMARY ACTIVITY WILL BE TO PROVIDE PHILANTHROPIC SUPPORT FOR PROJECTS, PROGRAMS, EQUIPMENT, SERVICES, AND/OR INITIATIVES OF MARGARET MARY HEALTH (THE HOSPITAL). DURING THE YEAR THE FOUNDATION PROVIDED GRANTS TO ALLOW MARGARET MARY HEALTH TO PROVIDE A NEW REFLECTION GARDEN, HOSPICE CARE PACKAGES, INFUSION CHAIRS, TRAINING FOR SAFETY AND VITAL UNITS FOR RADIATION AMONG OTHER SMALLER ITEMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William A Hillenbrand II Board Chair | OfficerTrustee | 2 | $0 |
Robert Walsman Board Vice Chair | OfficerTrustee | 2 | $0 |
George E Junker II Treasurer | OfficerTrustee | 2 | $0 |
Cathy Wildt Secretary | OfficerTrustee | 2 | $0 |
Colt Ryan Assistant Treasurer | OfficerTrustee | 2 | $0 |
Diane Bohman Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $325,526 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $247,715 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $573,241 |
| Total Program Service Revenue | $0 |
| Investment income | $255,576 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$113,081 |
| Net Income from Fundraising Events | $162,886 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $878,622 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $175,384 |
| 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. | $103,303 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $74,037 |
| 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 | $6,083 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,932 |
| Advertising and promotion | $4,544 |
| Office expenses | $4,555 |
| Information technology | $10,950 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,008 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,639 |
| Interest | $139 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $434,410 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $699,621 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $28,997 |
| 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 | $0 |
| Investments—publicly traded securities | $5,156,151 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,884,769 |
| Accounts payable and accrued expenses | $175,384 |
| 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 | $0 |
| Total liabilities | $175,384 |
| Net assets without donor restrictions | $4,281,685 |
| Net assets with donor restrictions | $1,427,700 |
| 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 | $5,884,769 |