Windom Area Hospital Foundation Inc
- Assets
- $483.0k
- Revenue
- $66.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Windom, MN
- Founding
- 07/2003
- Data as of
- 04/2024
- EIN
- 72-1543872
Organization Overview
Windom Area Hospital Foundation Inc, operating under the name Windom Area Health Foundation, is located in Windom, MN. The organization was established in 2003. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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. Windom Area Health 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 04/2024, Windom Area Health Foundation generated $66.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $47.8k during the year ending 04/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TOGETHER WITH WINDOM AREA HEALTH, OUR MISSION IS TO PROMOTE EXCEPTIONAL QUALITY CARE AND WELLBEING FOR RURAL COMMUNITIES IN SOUTHWEST MINNESOTA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE CHARITABLE SUPPORT TO THE WINDOM AREA HOSPITAL FOR MEDICAL AND EDUCATIONAL PROGRAMS IN ADDITION TO GENERAL OPERATIONS. GENERAL FUND:- MAY 2023 LETTERS RAISED $6,640 FUNDS TOWARD AN OBIX FETAL MONITORING MACHINE. WINTER 2023/2024 LETTERS RAISED $18,810.40 TOWARD A NEW STRESS TEST MACHINE, WHICH IS TRANSFERRED TO THE HOSPITAL IN FY25. - THE SECOND EVER FOUNDATION GOLF TOURNAMENT WAS JUNE 18, 2023. IN ADDITION TO GOLF AND GAMES, FIVE PRIZE BASKETS WERE RAFFLED OFF. PROCEEDS FROM THIS EVENT WENT TOWARDS THE OBIX MACHINE PURCHASE. - THE FOUNDATION RAISED AROUND $3,400 TO FUND GIFTS GIVEN TO THE FAMILY OF THE FIRST BABY OF THE NEW YEAR. - THE FOUNDATION SPONSORED THE PURCHASE OF AN INDOOR GOLF CART TO TRANSPORT AND ESCORT PATIENTS FOR AN IMPROVED PATIENT EXPERIENCE. - WE AWARD UP TO THREE DEPARTMENTS WITH GRANTS UP TO $5,000 FOR EQUIPMENT OF THEIR CHOOSING, THAT ADVANCES QUALITY OF CARE AND AN IMPROVED PATIENT EXPERIENCE. AWARDS FOR AN ABI MACHINE, ADULT VEIN FINDER, AND PHLEOBOTOMY PROCEDURE RECLINER WERE SELECTED, UP TO $5,000 EACH, AND PAID OUT IN FY25. FY25 AWARDS WERE SELECTED: BODY COMPOSITION ANALYZER, IMPRIVATA CARD READERS, AND A FULL BODY ERGOMETER MACHINE. EDUCATION FUND:AWARDED SIX $1,000 SCHOLARSHIPS TO AREA HIGH SCHOOL AND COLLEGE STUDENTS WHO ARE PLANNING TO FURTHER THEIR EDUCATION IN THE AREA OF HEALTHCARE. WE SELECTED THE NEXT FIVE RECIPIENTS FOR NEXT YEAR'S AWARDS, TO BE PAID OUT IN FY 25. VICKIE SCHENDEL MEMORIAL FUND:THIS FUND SUPPORTS STAFF AND PATIENT EDUCATION PROJECTS, IN MEMORY OF A FORMER NURSE PRACTITIONER. NO PAYOUTS WERE MADE THIS FISCAL YEAR. WOMEN'S HEALTH FUND:CO-HOSED A "ROCK THE RINK PINK" HOCKEY EVENT TO RAISED $2,352.15 FOR OUR WOMEN'S HEALTH FUND. THIS FUND SUPPORTED THREE WOMEN UNDERGOING CANCER TREATMENTS WITH FINANCIAL ASSISTANCE UP TO $5,000 EACH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Johnson Chair | OfficerTrustee | 0.5 | $0 |
Greg Scheitel Vice-Chairperson | OfficerTrustee | 0.5 | $0 |
Kay Gross Director/secretary | OfficerTrustee | 0.5 | $0 |
Dan Ortmann Board Member | Trustee | 0.5 | $0 |
Terry Tegels Board Member | Trustee | 0.5 | $0 |
Tom Christensen Board Member | Trustee | 0.5 | $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 | $66,168 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,168 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $66,168 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $47,820 |
| 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 | $25 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Total functional expenses | $47,845 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $482,961 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $482,961 |
| 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 | $353,511 |
| Net assets with donor restrictions | $129,450 |
| 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 | $482,961 |
Grants Awarded
Over the last fiscal year, Windom Area Hospital Foundation Inc has awarded $60,659 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WINDOM AREA HOSPITAL PURPOSE: PROGRAM SUPPORT | $59,959 |
EDITH SANFORD BREAST CANCER FOUNDATION PURPOSE: PROGRAM SUPPORT | $700 |