St Luke Community Healthcare Foundation
- Assets
- $3.7m
- Revenue
- $569.2k
- Investments
- $3.1m
- Employees
- 0
- Location
- Ronan, MT
- Founding
- 04/2001
- Data as of
- 12/2021
- EIN
- 81-0539096
Organization Overview
St Luke Community Healthcare Foundation is located in Ronan, MT. The organization was established in 2001. 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. St Luke Community Healthcare 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 12/2021, St Luke Community Healthcare Foundation generated $569.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.4% each year . All expenses for the organization totaled $195.1k during the year ending 12/2021. While expenses have increased by 16.0% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION IS DEDICATED TO IMPROVING THE CARE AND COMFORT OF PATIENTS AT ST. LUKE COMMUNITY HEALTHCARE BY RAISING PRIVATE FUNDS THROUGH PHILANTHROPY AND THEN DISBURSING THOSE FUNDS INTO DESIGNATED PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ST. LUKE COMMUNITY HEALTHCARE FOUNDATION WAS CREATED TO HELP MEET THE NEEDS OF PATIENTS, EMPLOYEES AND MEMBERS OF THE COMMUNITY. THROUGH ANNUAL GIFTS, ENDOWMENT ASSETS AND FUNDING OF MAJOR FACILITIES, TECHNOLOGIES AND PROGRAMS, THE FOUNDATION AND THE COMMUNITY MEMBERS WHO SUPPORT IT HELP ENSURE ST. LUKE COMMUNITY HEALTHCARE CONTINUED LEADERSHIP IN HEALTH CARE.EACH YEAR THE FOUNDATION WORKS WITH DONORS TO RAISE AND INVEST FUNDS THAT HELP ST. LUKE COMMUNITY HEALTHCARE: MAINTAIN HEALTHCARE EXCELLENCE BY BRIDGING THE FINANCIAL GAP BETWEEN THE INCREASING COST OF PROVIDING SERVICES AND THE SHRINKING LEVEL OF REIMBURSEMENT FROM MEDICARE, MEDICAID AND PRIVATE INSURANCE; PURCHASE NEW EQUIPMENT AND MAKE OTHER NON-REIMBURSABLE CAPITAL INVESTMENTS THAT ALLOW ST. LUKE COMMUNITY HEALTHCARE TO PROVIDE PATIENTS WITH THE LATEST AND MOST TECHNOLOGICALLY ADVANCED CARE; PROVIDE ACCESS TO EXCELLENT HEALTHCARE TO A CULTURALLY AND ECONOMICALLY DIVERSE COMMUNITY; FORM PARTNERSHIPS WITH OTHER ORGANIZATIONS TO SUPPORT COMMUNITYWIDE HEALTH IMPROVEMENT EFFORTS; AND ENGAGE IN VALUABLE, NON-REIMBURSABLE MEDICAL ACTIVITIES, SUCH AS PHYSICIAN/STAFF TRAINING AND PATIENT/COMMUNITY EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ray Aylesworth Chair Person | OfficerTrustee | 1 | $0 |
Andy Stark Vice Chair | OfficerTrustee | 1 | $0 |
Karen Dellwo Treasurer | OfficerTrustee | 1 | $0 |
Teresa Nygaard Executive Director | Officer | 1 | $0 |
Mark Nelson Director | Trustee | 1 | $0 |
Robin Nelson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,605 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $143,720 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $146,325 |
| Total Program Service Revenue | $0 |
| Investment income | $67,258 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $12,996 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $279,278 |
| Net Income from Fundraising Events | $63,358 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $569,215 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $164,340 |
| 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 | $27,401 |
| Fees for services: Other | $0 |
| 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 | $195,116 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $451,272 |
| Savings and temporary cash investments | $137,812 |
| Pledges and grants receivable | $375 |
| 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 | $3,121,733 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $588 |
| Total assets | $3,711,780 |
| Accounts payable and accrued expenses | $18,946 |
| 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 | $18,946 |
| Net assets without donor restrictions | $3,419,485 |
| Net assets with donor restrictions | $273,349 |
| 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 | $3,711,780 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that St Luke Community Healthcare Foundation has recieved totaling $72,500.
| Awarding Organization | Amount |
|---|---|
Montana Healthcare Foundation Bozeman, MT PURPOSE: C3_WRAPPED IN HOPE | $65,000 |
Foundation For Community Health Missoula, MT PURPOSE: BLOOD FLOW RESTRICTION THERAPY | $7,500 |
Endowment Analysis
| Beg. Balance | $645,303 |
| Earnings | $69,961 |
| Admin Expense | $2,907 |
| Ending Balance | $712,357 |
Peer Organizations
| 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 |