Gateway Wellness Foundation

Organization Overview

Gateway Wellness Foundation is located in Marion, NC. The organization was established in 2014. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2021, Gateway Wellness Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gateway Wellness 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 12/2021, Gateway Wellness Foundation generated $6.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 47.7% each year . All expenses for the organization totaled $962.4k during the year ending 12/2021. While expenses have increased by 13.3% per year over the past 7 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.

Since 2016, Gateway Wellness Foundation has awarded 51 individual grants totaling $1,909,162. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

OUR MISSION IS CENTERED IN THE HEALTH AND WELLBEING OF OUR WESTERN NORTH CAROLINA COMMUNITY. THROUGH INTENTIONAL PARTNERSHIPS AND COLLABORATIONS, GATEWAY WELLNESS IMPROVES AND SUPPORTS QUALITY OF LIFE IN WNC BY PROMOTING WELLNESS OPPORTUNITIES AMONG ORGANIZATIONS FOR PEOPLE WE SERVE REGIONALLY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THROUGH INTENTIONAL PARTNERSHIPS AND COLLABORATIONS, GATEWAY WELLNESS FOUNDATION WORKS TO IMPROVE AND SUPPORT THE QUALITY OF LIFE IN WESTERN NORTH CAROLINA BY ADDRESSING THE SOCIAL DETERMINANTS OF HEALTH AND PROVIDING FUNDING TO NONPROFIT ORGANIZATIONS THAT SEEK SOLUTIONS TO HEALTH AND WELLNESS OBSTACLES FOR THE RESIDENTS OF WNC. FUNDING FOR 2019 WAS FOCUSED ON PROJECTS RELATED TO ACCESS TO HEALTHCARE, EARLY CHILDHOOD DEVELOPMENT, FOOD INSECURITY AND HOUSING.


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Board, Officers & Key Employees

Name (title)Compensation
Neil Gurney
President
$147,959
Norman Guthrie
Chairman
$0
Kerry Davis
Vice Chair
$0
Marion Baker
Treasurer
$0
Rebecca Cross
Member
$0
Hill Evans
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$6,116,017
Noncash contributions included in lines 1a–1f $5,000
Total Revenue from Contributions, Gifts, Grants & Similar$6,116,017
Total Program Service Revenue$0
Investment income $409,057
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $385,869
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,910,943

Grants Awarded

Over the last fiscal year, Gateway Wellness Foundation has awarded $480,679 in support to 24 organizations.

Grant RecipientAmount

Tryon, NC

PURPOSE: FIBER INFRASTRUCTURE FOR THERMAL BELT OUTREACH HOUSING VILLAGE

$49,882

ST LUKES HOSPITAL

Org PageRecipient Profile

Columbus, NC

PURPOSE: CREATING ACCESS TO CARDIOLOGY SERVICES IN RURAL POLK COUNTY

$41,690

COMMUNITY HEALTH COUNCIL OF RUTHERFORDTON

Org PageRecipient Profile

Spindale, NC

PURPOSE: RUTHERFORDHELP

$39,833

MCDOWELL COUNTY EMS

PURPOSE: COMMUNITY PARAMEDIC PROGRAM FUNDING

$34,100

RUTHERFORD HOUSING PARTNERSHIP

Org PageRecipient Profile

Rutherfordton, NC

PURPOSE: HOME REPAIRS FOR COVID IMPACTED FAMILIES

$31,960

CARENET COUNSELING OF MARION

Org PageRecipient Profile

Marion, NC

PURPOSE: PATIENT CARE SUBSIDIES

$30,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Gateway Wellness Foundation has recieved totaling $1,074,475.

Awarding OrganizationAmount
Dogwood Health Trust

Asheville, NC

PURPOSE: BEHAVIORAL HEALTH AND SUD FUNDING FOR PROGRAMS IN BURKE, MCDOWELL, POLK AND RUTHERFORD COUNTIES

$449,000
Dogwood Health Trust

Asheville, NC

PURPOSE: GAP FUNDING FOR HOME REPAIR PROGRAMS IN BURKE, MCDOWELL, POLK, AND RUTHERFORD COUNTIES

$200,000
Dogwood Health Trust

Asheville, NC

PURPOSE: AMENDMENT TO GRANT 912: JOHN SMITH ROAD - AFFORDABLE SINGLE FAMILY HOME PROJECT

$155,475
Dogwood Health Trust

Asheville, NC

PURPOSE: SINGLE FAMILY HOME DEVELOPER TEAM

$145,000
Wnc Bridge Foundation

Asheville, NC

PURPOSE: AIM GRANT

$75,000
Dogwood Health Trust

Asheville, NC

PURPOSE: HOME REPAIR CAPACITY BUILDING FOR MCDOWELL AND POLK COUNTIES

$50,000
View Grant Recipient Profile

Endowment Analysis

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