Meridian Center For Health
- Assets
- $17.4m
- Revenue
- $562.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 07/2015
- Data as of
- 12/2021
- EIN
- 47-1766892
Organization Overview
Meridian Center For Health is located in Seattle, WA. The organization was established in 2015. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., 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. Meridian Center For Health 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, Meridian Center For Health generated $562.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 36.9% each year . All expenses for the organization totaled $495.9k during the year ending 12/2021. While expenses have increased by 29.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT AND BENEFIT, FINANCIALLY AND OPERATIONALLY, NEIGHBORCARE HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT NEIGHBORCARE HEALTH'S WORK OF PROVIDING PRIMARY MEDICAL AND DENTAL CARE IN SEATTLE FOR LOW-INCOME AND UNINSURED FAMILIES AND INDIVIDUALS. MERIDIAN MANAGES AND HELPS TO OPERATE A FACILITY WHERE OTHER SERVICE PROVIDERS, INCLUDING NEIGHBORCARE HEALTH, WILL PROVIDE CO-LOCATED AND INTEGRATED CARE, INCLUDING MEDICAL, DENTAL, MENTAL HEALTH AND RECOVERY, WIC NUTRITION AND MATERNITY SUPPORT SERVICES, TO LOW-INCOME FAMILIES AND INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Andersen President | OfficerTrustee | 0.1 | $0 |
Janine Childs Mha Secretary | OfficerTrustee | 0.4 | $0 |
Steven Schaefer Member | Trustee | 0.1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lease Crutcher Lewis Wa Llc Construction | 12/30/16 | $1,959,723 |
City Wide Maintenance Of Washington Janitorial Service | 12/30/16 | $143,210 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $562,726 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $562,726 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $125,000 |
| 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. | $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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $193,348 |
| Advertising and promotion | $0 |
| Office expenses | $4,380 |
| 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 | $173,218 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $495,946 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $689,558 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $120,428 |
| Net Land, buildings, and equipment | $16,549,347 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $17,359,333 |
| Accounts payable and accrued expenses | $41,917 |
| 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 | $13,540,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,498,437 |
| Total liabilities | $18,080,354 |
| Net assets without donor restrictions | -$721,021 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $17,359,333 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hospital Shared Services Association Seattle, WA | $1,086,037 | $5,682,894 |
Health Commons Project Sammamish, WA | $2,395,814 | $5,567,496 |
Community Pathways Portland, OR | $2,518,524 | $2,996,605 |
Peacehealth St Joseph Medical Center Foundation Bellingham, WA | $71,720,448 | $46,628,134 |
Washington Academy Of General Dentistry Seatac, WA | $473,316 | $971,359 |
California Telehealth Network Portland, OR | $70,704 | $653,356 |
Meridian Center For Health Seattle, WA | $17,359,333 | $562,726 |
Oregon Graduate Medical Education Consortium Portland, OR | $521,319 | $3,449 |
Hospice And Palliative Care Of Kodiak Inc Kodiak, AK | $336,381 | $174,611 |
Sound Contribution Tacoma, WA | $20,086 | $0 |
Ivory Coast Medical Relief Team Icmrt Bellevue, WA | $0 | $0 |