Sheridan County Memorial Hospital Foundation
- Assets
- $12.6m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Sheridan, WY
- Founding
- 03/1977
- Data as of
- 06/2022
- EIN
- 74-1905155
Organization Overview
Sheridan County Memorial Hospital Foundation is located in Sheridan, WY. The organization was established in 1977. 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. Sheridan County Memorial Hospital 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 06/2022, Sheridan County Memorial Hospital Foundation generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $2.6m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Sheridan County Memorial Hospital Foundation has awarded 32 individual grants totaling $13,294,880. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SHERIDAN MEMORIAL HOSPITAL FOUNDATION SUPPORTS ALL ASPECTS OF HEALTHCARE AT SHERIDAN MEMORIAL HOSPITAL FOR THE SHERIDAN COMMUNITY. THE FOUNDATION HELPS ENSURE THAT EXCELLENT PATIENT-CENTERED HEALTHCARE IS AVAILABLE FOR EVERYONE IN THE COMMUNITY WHEN THEY NEED IT. THE FOUNDATION ASSITS WITH CAPITAL, PROGRAM AND PATIENT-CARE IMPROVEMENT PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION DISBURSED FUNDS TO REMODEL AND UPGRADE THE TRANSITIONAL CARE UNIT AT SHERIDAN COUNTY MEMORIAL HOSPITAL.
THE ORGANIZATION DISBURSED FUNDS TO SUPPORT THE MRI PROJECT.
THE ORGANIZATION DISBURSED FUNDS TO COMBAT COVID-19.
THE ORGANIZATION DISBURSED FUNDS TO SUPPORT NUMEROUS PROGRAMS OF THE SHERIDAN COUNTY MEMORIAL HOSPITAL INCLUDING: BIPAP MACHINES: 73,672 CANCER CENTER SUPPORT: 40,718 NURSING SCHOLARSHIPS: 31,098 MISCELLANEOUS PROJECTS: 120,444
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Ebzery Treasurer | OfficerTrustee | 2 | $0 |
Richard Garber President | OfficerTrustee | 2 | $0 |
Rob Johnson Vice Preside | OfficerTrustee | 2 | $0 |
Vicki Jorgenson Secretary | OfficerTrustee | 2 | $0 |
Cody Sinclair Chief Dev. O | Officer | 24 | $0 |
Ada Kirven Director Don | Officer | 60 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $92,936 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,063,194 |
| Noncash contributions included in lines 1a–1f | $5,071 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,156,130 |
| Total Program Service Revenue | $0 |
| Investment income | $268,374 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $244 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $381,208 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,805,956 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,241,498 |
| 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 | $6,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $58,237 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,425 |
| Office expenses | $12,060 |
| Information technology | $13,509 |
| 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 | $820 |
| All other expenses | $1,271 |
| Total functional expenses | $2,563,100 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,775,414 |
| Pledges and grants receivable | $1,597,787 |
| 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 | $9,248,021 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,769 |
| Total assets | $12,628,991 |
| 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 | $3,376,058 |
| Net assets with donor restrictions | $9,252,933 |
| 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 | $12,628,991 |
Grants Awarded
Over the last fiscal year, Sheridan County Memorial Hospital Foundation has awarded $2,241,498 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SHERIDAN COUNTY MEMORIAL HOSPITAL PURPOSE: TRANSITIONAL CARE | $1,687,900 |
SHERIDAN COUNTY MEMORIAL HOSPITAL PURPOSE: MISC PROGRAM SUPPORT | $265,932 |
SHERIDAN COUNTY MEMORIAL HOSPITAL PURPOSE: EQUIPMENT - MRI | $238,207 |
SHERIDAN COUNTY MEMORIAL HOSPITAL PURPOSE: COVID-19 FUND | $49,459 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sheridan County Memorial Hospital Foundation has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
First Interstate Bancsystem Foundation Inc Billings, MT PURPOSE: GENERAL OPERATING SUPPORT | $6,000 |
Endowment Analysis
| Beg. Balance | $1,059,261 |
| Net Contributions | $20,700 |
| Ending Balance | $1,079,961 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wyoming Machinery Company Employee Medical Benefit Trust Casper, WY | $617,446 | $14,203,698 |
The Weld Trust Greeley, CO | $536,288,885 | $29,341,984 |
St Patrick Hospital Foundation Missoula, MT | $38,164,577 | $6,581,612 |
Nebraska Methodist Hospital Foundation Omaha, NE | $173,830,201 | $26,097,640 |
Rocky Mountain Adventist Healthcare Foundation Denver, CO | $20,783,386 | $6,576,256 |
Colorado Finishing Trades Health And Welfare Fund Aurora, CO | $6,955,417 | $6,380,248 |
Aspen Valley Hospital Foundation Aspen, CO | $6,062,740 | $13,638,194 |
Nebraska Masonic Home Foundation Plattsmouth, NE | $64,564,028 | $2,312,312 |
West Care Health And Welfare Benefit Trust Bozeman, MT | $15,251,463 | $3,785,858 |
St Johns Health Foundation Jackson, WY | $17,257,715 | $3,999,724 |
St Marys Hospital Foundation Grand Junction, CO | $21,231,046 | $5,229,353 |
Montana Health Research And Education Foundation Inc Helena, MT | $2,112,895 | $4,435,703 |