Memorial Hospital Assn Inc
- Assets
- $7.1m
- Revenue
- $383.3k
- Investments
- $7.1m
- Employees
- 0
- Location
- Manhattan, KS
- Founding
- 01/2015
- Data as of
- 09/2024
- EIN
- 48-0597114
Organization Overview
Memorial Hospital Assn Inc is located in Manhattan, KS. The organization was established in 2015. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, 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. Memorial Hospital Assn Inc 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 09/2024, Memorial Hospital Assn Inc generated $383.3k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $365.8k during the year ending 09/2024. While expenses have increased by 0.7% per year over the past 9 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 2015, Memorial Hospital Assn Inc has awarded 136 individual grants totaling $3,341,981. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Pauls Chairman | 1 | $0 | |
Dan Messelt Treasurer | 1 | $0 | |
Susan Peterson Secretary | 1 | $0 | |
Tracey Debruyn Board Member | 1 | $0 | |
Shon Robben Board Member | 1 | $0 | |
Randy Peterson Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,391 |
| Dividends & Interest | $172,092 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $200,654 |
| Capital Gain Net Income | $200,654 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $157 |
| Total Revenue | $383,294 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $40 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $25,746 |
| Contributions, gifts, grants paid | $340,050 |
| Total expenses and disbursements | $365,796 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $959 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $7,119,931 |
| 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 |
Grants Awarded
Over the last fiscal year, Memorial Hospital Assn Inc has awarded $340,050 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION PURPOSE: ALZHEIMER'S RESEARCH | $10,000 |
ASCENSION VIA CHRISTI HOSPITAL PURPOSE: HEALTH CARE | $10,000 |
BE ABLE PURPOSE: ENGAGING THOSE IN ADVERSITY | $18,000 |
CATHOLIC CHARITIES PURPOSE: POVERTY RELIEF | $6,000 |
CORNERSTONE FAMILY COUNSELING PURPOSE: MENTAL HEALTH SERVICES | $7,000 |
CRISIS CENTER PURPOSE: EMERGENCY AND OTHER RELIEF SVCS | $32,000 |