Natchitoches Regional Medical Center Foundation
- Assets
- $1.6m
- Revenue
- $460.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Natchitoches, LA
- Founding
- 08/2006
- Data as of
- 06/2023
- EIN
- 76-0803931
Organization Overview
Natchitoches Regional Medical Center Foundation is located in Natchitoches, LA. The organization was established in 2006. 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. Natchitoches Regional Medical Center 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 06/2023, Natchitoches Regional Medical Center Foundation generated $460.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.7% each year . All expenses for the organization totaled $200.5k during the year ending 06/2023. While expenses have increased by 20.2% per year over the past 8 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, Natchitoches Regional Medical Center Foundation has awarded 25 individual grants totaling $1,531,768. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENSURE THAT NATCHITOCHES REGIONAL MEDICAL CENTER IS EQUIPPED TO EXCEL IN DELIVERING HEALTHCARE EXCELLENCE FOR EVERY MEMBER OF OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIAL RESOURCES ARE PROVIDED TO ORGANIZATIONS/AGENCIES THAT PROVIDE AND PROMOTE WELLNESS THROUGH HEALTHCARE SERVICES, EDUCATION, OR HEALTHY ENVIRONMENTS IN NATCHITOCHES PARISH.
FINANCIAL ASSISTANCE IS PROVIDED TO STUDENTS PURSUING NURSING OR ALLIED HEALTH DEGREES DURING THEIR TWO-YEAR CLINICAL PRACTICE STUDIES AND PROVIDED EMPLOYMENT OPPORTUNTIES UPON GRADUATION. GRADUATES HAVE STUDIED IN THE FIELDS OF NURSING, RADIOLOGY, LABORATORY SCIENCES, AND PHARMACOLOGY.
A PROGRAM DESIGNED TO PROVIDE NRMC ASSOCIATES ASSISTANCE WHEN EXPERIENCING A CRISIS. A SPECIALLY DESIGNATED COMMITTEE CONSIDERS APPLICATIONS AND MAKES DECISIONS BASED ON SPECIFIC NEEDS AND HARDSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Huey Director | Trustee | 0 | $0 |
Kirk Soileau Director | Trustee | 1 | $0 |
Cindy Allen Director | Trustee | 0 | $0 |
Hillary Bennet Director | Trustee | 0 | $0 |
Ryan Todtenbier Chairman | OfficerTrustee | 0 | $0 |
Jennifer Maggio Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $115,509 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $377,375 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $492,884 |
| Total Program Service Revenue | $0 |
| Investment income | $28,034 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$64,813 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $460,062 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $99,185 |
| Grants and other assistance to domestic individuals. | $73,701 |
| 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 | $1,300 |
| 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 | $0 |
| Advertising and promotion | $13,185 |
| Office expenses | $0 |
| Information technology | $589 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,321 |
| 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 | $2,884 |
| All other expenses | $0 |
| Total functional expenses | $200,473 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $567,537 |
| Savings and temporary cash investments | $1,062,858 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,829 |
| 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 | $1,644,224 |
| 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 | $1,644,224 |
| 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 | $1,644,224 |
Grants Awarded
Over the last fiscal year, Natchitoches Regional Medical Center Foundation has awarded $94,185 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CANE RIVER CHILDRENS SERVICE | | | $11,000 |
NORTHWESTERN STATE BUSINESS A | | | $40,185 |
CITY OF NATCHITOCHES | | | $33,000 |
NSU FOUNDATION | | | $10,000 |