Prairie Lakes Health Care Foundation

Organization Overview

Prairie Lakes Health Care Foundation is located in Watertown, SD. The organization was established in 1980. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, 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. Prairie Lakes Health Care 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 12/2022, Prairie Lakes Health Care Foundation generated $315.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $301.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO RAISE FUNDS TO SUPPORT AND ADVANCE THE HEALTH SERVICES AVAILABLE TO THE WATERTOWN, SD AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE SUZANNE JACOBSON MEMORIAL FUND (SJMF) WAS ESTABLISHED IN HONOR OF A WATERTOWN PHYSICIAN ASSISTANT, SUZANNE JACOBSON. SUZANNE SPENT HER ADULT LIFE INVOLVED IN THE HEALING ARTS. THROUGH HER HEALTHCARE CAREER SHE POSITIVELY IMPACTED THE LIVES OF MANY PEOPLE THOUGH HER CARE, CONCERN AND PROFESSIONALISM. SUZANNE LOST A LONG BATTLE WITH CANCER IN 1998. HER FAMILY AND FRIENDS ESTABLISHED THE SJMF AS A WAY TO CONTINUE HER CARING BY HELPING PEOPLE WITH A LIFE THREATENING ILLNESS THAT FACE MEDICAL FINANCIAL STRESS. SINCE ITS INCEPTION IN 1999, THE SJMF HAS PROVIDED APPROXIMATELY $452,653 THROUGH 824 GRANTS. THESE GRANTS ARE DISTRIBUTED THROUGHOUT A 10 COUNTY SERVICE AREA IN NORTHEAST SOUTH DAKOTA AND NORTHWEST MINNESOTA.THROUGH THIS SPECIAL MEMORIAL FUND, $500 OR $1,000 IS AVAILABLE TO INDIVIDUALS MEETING FUND CRITERIA. AN INDIVIDUAL MUST HAVE A LIFE THREATENING ILLNESS AND MEET FINANCIAL NEED TO RECEIVE A GRANT. THE SUZANNE JACOBSON MEMORIAL FUND (SJMF) CAN ASSIST WITH FUNDS FOR EXPENSES SUCH AS MEDICAL BILLS, TRANSPORTATION COSTS, GROCERIES, RENT, MEDICATIONS, AND UTILITIES. EACH APPLICANT MUST COMPLETE AN APPLICATION, WHICH IS REQUIRED BY LAW. A COMMITTEE VOTES ON WHO RECEIVES A GRANT BASED ON NEED AND ELIGIBILITY. NON-IDENTIFYING APPLICANT INFORMATION IS PRESENTED TO COMMITTEE MEMBERS AND STRICT CONFIDENCE IS EXERCISED THROUGHOUT THE SELECTION PROCESS.THE SJMF DESIGNATES A WEEK IN JUNE AS YELLOW ROSE WEEK IN WATERTOWN AND SURROUNDING COMMUNITIES SUCH AS MILBANK, SISSETON, CLARK, CLEAR LAKE, SOUTH SHORE AND WAVERLY. VOLUNTEERS SELL YELLOW ROSES TO RAISE MONEY FOR THIS FUND. YELLOW ROSE WEEK IS THE PRIMARY MEANS OF FINANCING THE SJMF. DURING YELLOW ROSE WEEK OTHER FUNDRAISERS MAY OCCUR.


CANCER CENTER, CARING CLUB HOUSE, AND CHRISTY KINNEY "PAY IT FORWARD" GRANTS/DISTRIBUTIONS.


THE FOUNDATION PROMOTES COMMUNITY HEALTH AND WELLNESS EDUCATION TO PROMOTE THE WELL-BEING OF THE GENERAL PUBLIC. THE FOUNDATION DISTRIBUTES THE NET ASSETS TO ACCOMPLISH THE OBJECTIVE IDENTIFIED ABOVE. THE FOUNDATION RECENTLY PREPARED A SPENDING PLAN TO CONTRIBUTE TO VARIOUS PROJECTS IN THE NEXT YEAR.


THE BASH (BUILDING A SUPERIOR HOSPITAL) GALA EVENT IS HELD ANNUALLY. A PARTICULAR CAUSE IS SELECTED TO RAISE MONEY FOR RELATED TO IMPROVING AND ENHANCING HEALTHCARE SERVICES THROUGH PRAIRIE LAKES HEALTHCARE SYSTEM. THIS EVENT IS PARTIALLY SUPPORTED THROUGH DONATIONS AND IS COORDINATED BY THE OFFICE OF THE FOUNDATION AND A COMMITTEE OF PRAIRIE LAKES HEALTHCARE SYSTEM VOLUNTEERS AND COMMUNITY INDIVIDUALS. BASH WAS NOT HELD IN 2022 DUE TO COVID, BUT PLANNING DID BEGIN FOR BASH 2023.


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Board, Officers & Key Employees

Name (title)Compensation
Kaleb Hight
President
$0
Dan Raderschadt
Past President
$0
Ried Holien
Vice President
$0
Michael Johnson
Secretary/treasurer
$0
Carina Little
Member
$0
Jeffrey Brindle MD
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$765
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$154,021
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$154,786
Total Program Service Revenue$0
Investment income $83,519
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $71,072
Net Income from Fundraising Events $190
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $5,807
Miscellaneous Revenue$0
Total Revenue $315,374

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