Madison Valley Medical Center Foundation Inc is located in Ennis, MT. The organization was established in 1989. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 09/2022, Madison Valley Medical Center Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madison Valley Medical Center Foundation 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 09/2022, Madison Valley Medical Center Foundation Inc generated $880.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $443.1k during the year ending 09/2022. While expenses have increased by 3.2% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION EXISTS TO INSPIRE GIFTS AND GRANTS FROM INDIVIDUALS, FOUNDATIONS, CORPORATIONS, AND OTHER ENTITIES TO SUPPORT THE HEALTH AND WELL-BEING OF PEOPLE IN MADISON COUNTY AND ADJACENT COMMUNITIES IN SOUTHWEST MONTANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONEY RAISED FOR MADISON VALLEY MEDICAL CENTER TO PURCHASE CARDIO SOFTWARE; PROVIDER RECRUITMENT; AMBULANCE SUPPORT - GENERAL; AMBULANCE SUPPORT - CHAIR; AMBULANCE RADIOS; AMBULANCE EDUCATION; FURNITURE; ER DEFIBRILLATOR; COMMUNITY INTEGRATED HEALTH; PEDIATRIC CRIB; EMPLOYEE CHRISTMAS PARTY; BACKCOUNTRY MEDICINE; LAPTOPS; COMBINED ANNUAL REPORT WITH MADISON VALLEY MEDICAL CENTER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dawn Conklin Executive Director | Officer | 40 | $66,458 |
Ann Alsted President | OfficerTrustee | 1 | $0 |
Gale Arvanites Vice President | OfficerTrustee | 0.5 | $0 |
Dallas Celecia Secretary | OfficerTrustee | 0.5 | $0 |
Beth Hageman Treasurer | OfficerTrustee | 2.5 | $0 |
Joe Dilschneider Director | Trustee | 0.25 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $8,600 |
All other contributions, gifts, grants, and similar amounts not included above | $635,082 |
Noncash contributions included in lines 1a–1f | $4,597 |
Total Revenue from Contributions, Gifts, Grants & Similar | $643,682 |
Total Program Service Revenue | $0 |
Investment income | $137,123 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $98,453 |
Net Income from Fundraising Events | $797 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $880,055 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $211,652 |
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. | $72,916 |
Compensation of current officers, directors, key employees. | $35,884 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $19,832 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $7,436 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $15,157 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $200 |
Fees for services: Investment Management | $51,881 |
Fees for services: Other | $3,574 |
Advertising and promotion | $12,381 |
Office expenses | $9,619 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $7,688 |
Travel | $620 |
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 | $2,223 |
Insurance | $3,252 |
All other expenses | $0 |
Total functional expenses | $443,058 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,829 |
Savings and temporary cash investments | $261,203 |
Pledges and grants receivable | $95,398 |
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 | $2,839 |
Investments—publicly traded securities | $4,986,530 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $5,497 |
Other assets | $5,450 |
Total assets | $5,363,746 |
Accounts payable and accrued expenses | $1,781 |
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 | $3,706 |
Total liabilities | $5,487 |
Net assets without donor restrictions | $3,228,448 |
Net assets with donor restrictions | $2,129,811 |
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 | $5,363,746 |
Over the last fiscal year, we have identified 9 grants that Madison Valley Medical Center Foundation Inc has recieved totaling $172,350.
Awarding Organization | Amount |
---|---|
Amicus Foundation Cameron, MT PURPOSE: CARRY OUT CHARITABLE PURPOSE OF FOUNDATION | $65,600 |
Lenoir Charitable Tr Manchester, MA PURPOSE: GENERAL SUPPORT | $35,000 |
American Endowment Foundation Hudson, OH PURPOSE: HEALTH, GENERAL | $30,000 |
Ed And Yvonne Parish Foundation Danville, CA PURPOSE: GENERAL SUPPORT | $10,000 |
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: COMMUNITY OUTREACH & ENRICHMENT PROGRAMS | $10,000 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: MEDICAL / PUBLIC SERVICES | $9,500 |
Beg. Balance | $4,081,586 |
Earnings | -$707,608 |
Other Expense | $133,033 |
Ending Balance | $3,240,945 |
Organization Name | Assets | Revenue |
---|---|---|
Montana Contractors Association Health Care Trust Billings, MT | $43,826,014 | $40,627,147 |
Pioneer Healthcare Tr Fargo, ND | $21,487,108 | $28,269,563 |
Wyoming Machinery Company Employee Medical Benefit Trust Casper, WY | $617,446 | $14,203,698 |
St Patrick Hospital Foundation Missoula, MT | $38,164,577 | $6,581,612 |
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 |
North Dakota Hospital Foundation Bismarck, ND | $7,414,810 | $5,236,600 |
Montana Health Research And Education Foundation Inc Helena, MT | $2,112,895 | $4,435,703 |
St Lukes Mccall Foundation Inc Mccall, ID | $4,838,602 | $1,413,102 |
Portneuf Health Trust Pocatello, ID | $172,382,785 | $35,459,650 |
Altru Health Foundation Grand Forks, ND | $17,808,212 | $5,022,342 |
Huron Clinic Foundation Inc Huron, SD | $2,964,978 | $2,959,028 |