Mobridge Regional Health Care Foundation
- Assets
- $1.3m
- Revenue
- $367.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Mobridge, SD
- Founding
- 07/1996
- Data as of
- 09/2023
- EIN
- 46-0416693
Organization Overview
Mobridge Regional Health Care Foundation is located in Mobridge, SD. The organization was established in 1996. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mobridge Regional 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 09/2023, Mobridge Regional Health Care Foundation generated $367.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 29.8% each year . All expenses for the organization totaled $73.1k during the year ending 09/2023. While expenses have increased by 13.3% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
FUNDRAISING OUTREACH FOR THE MOBRIDGE REGIONAL HOSPITAL & CLINICS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSIST MOBRIDGE REGIONAL HOSPITAL IN PROVIDING QUALITY HEALTHCARE SERVICES IN THE MOBRIDGE, SD AREA THROUGH FINANCIAL SUPPORT. THE HOSPITAL FOUNDATION SHARES IN THE VISION OF MOBRIDGE REGIONAL HOSPITAL OF "BECOMING ONE OF AMERICA'S FINEST RURAL HEALTH PROVIDERS". SINCE 1991 THE ADVOCACY, PROMOTION AND INSPIRATION TO RAISE FUNDS AND POSITIVELY PROMOTE THE COMMUNITY OWNED MEDICAL FACILITY HAS BEEN THE #1 PRIORITY. THE FOUNDATION PROVIDES AN IMPORTANT FUNDRAISING OUTREACH SERVICE FOR THE MOBRIDGE REGIONAL HOSPITAL & CLINICS. ALL OF THE FOUNDATION FUNDS AND ACTIVITIES BENEFIT THE ENTIRE REGION THROUGH IMPROVED HEALTHCARE, EDUCATION, AND SCREENING. THE FOUNDATION PROVIDES VISIBILITY FOR THE HOSPITAL THROUGH ITS FUNDRAISING ACTIVITIES IN THE COMMUNITY, AND PROMOTES FUNDRAISING EFFORTS TO CREATE AN AWARENESS OF IMPROVED HEALTH FOR ALL PERSONS IN THE SERVICE AREA. IN 2022, WE FINALIZED PLANS FOR OUR CAPITAL CAMPAIGN WHICH WE KICKED OFF LATE IN 2023 AND RECRUITED A CAPITAL CAMPAIGN MANAGER. WE WERE ABLE TO SECURE A NUMBER OF DONATIONS AS WELL AS IN-KIND DONATIONS THROUGH LOCAL ADVERTISERS. WE MADE PLANS TO DO ANOTHER GALA IN SPRING OF 2024 AS WELL AS OTHER FUNDRAISERS TO FOLLOW. THE FOUNDATION EXPECTS TO RUN A 3-YEAR CAMPAIGN WITH A $1.5 MILLION GOAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deb Brekke President | OfficerTrustee | 1 | $0 |
Travis Vetch Vice President | OfficerTrustee | 1 | $0 |
Mark Dady Secretary/treasurer | OfficerTrustee | 1 | $0 |
Josh Wudel Trustee | Trustee | 1 | $0 |
Jeana Sayler Trustee From 02/2023 | Trustee | 1 | $0 |
Jan Brockel Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $170 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $331,995 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $332,165 |
| Total Program Service Revenue | $0 |
| Investment income | $22,127 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,528 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $367,820 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| Grants and other assistance to domestic individuals. | $7,000 |
| 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 | $4,275 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $416 |
| Office expenses | $11,149 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $259 |
| Total functional expenses | $73,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $137,763 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $104,850 |
| 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 | $1,083,216 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,325,829 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $1,325,829 |
| Total liabilities and net assets/fund balances | $1,325,829 |