Salem Clinic Medical Foundation
- Assets
- $2.4m
- Revenue
- $114.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Salem, OR
- Founding
- 10/2014
- Data as of
- 07/2024
- EIN
- 45-5447181
Organization Overview
Salem Clinic Medical Foundation is located in Salem, OR. The organization was established in 2014. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), 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. Salem Clinic Medical 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 07/2024, Salem Clinic Medical Foundation generated $114.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (22.7%) each year. All expenses for the organization totaled $66.2k during the year ending 07/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH EDUCATION ACTIVITIES PROMOTING HEALTHY LIVING AND DISESASE PREVENTION: - PRODUCTION AND DISTRIBUTION OF AN EDUCATIONAL MAILER FEATURING EXPERT CONTENT PROVIDED IN THE AREAS OF ASTHMA AWARENESS AND PHYSICAL AND MENTAL ACTIVITY AWARENESS AND THE IMPACT ON YOUTH EDUCATION AND HEALTH. - ASSEMBLY OF ORAL HEALTHCARE KITS AND ORAL HEALTH EDUCATIONAL MATERIALS WITH TARGETED DISTRIBUTION TO MEDICALLY UNDERSERVED POPULATIONS WITHIN MARION AND POLK COUNTIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Huun MD President | 0.2 | $0 | |
Shahab Akbari MD Vice President | 0.2 | $0 | |
William Gillespie MD Thru 0424 Vice President | 0.2 | $0 | |
Jeff Stoessl MD Secretary/treasurer | 0.2 | $0 | |
Gerald Farnell MD Thru 0424 Secretary/treasurer | 0.2 | $0 | |
Ian Loewen-Thomas MD Director | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $114,576 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $114,576 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,018 |
| Printing and publications | $0 |
| Other expenses | $55,302 |
| Total operating and administrative expenses | $66,241 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $66,241 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,359,846 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $648 |
| Other assets | $0 |
| Total assets | $2,360,494 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |