Prosser Memorial Health Foundation
- Assets
- $812.0k
- Revenue
- $266.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Prosser, WA
- Founding
- 07/2019
- Data as of
- 12/2021
- EIN
- 82-2720773
Organization Overview
Prosser Memorial Health Foundation is located in Prosser, WA. The organization was established in 2019. 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. Prosser Memorial 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 12/2021, Prosser Memorial Health Foundation generated $266.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (11.8%) each year. All expenses for the organization totaled $106.0k during the year ending 12/2021. 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
TO PROVIDE FINANCIAL AND VOLUNTEER SUPPORT TO PROSSER PUBLIC HOSPITAL DISTRICT D/B/A PROSSER MEMORIAL HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SOLICITS, RECEIVES, AND ADMINISTERS FUNDS TO SUPPORT THE DEVELOPMENT, IMPROVEMENT AND EXPANSION OF THE FACILITIES, EQUIPMENT, SEVICES AND PROGRAMS OF PROSSER MEMORIAL HEALTH. THE FOUNDATION FOCUSED ON THE PLANNING PHASE OF A CAPITAL CAMPAIGN IN ORDER TO RAISE SIGNIFICANT FUNDS TO SUPPORT THE HOSPITAL AND ITS PROGRAMS IN FUTURE YEARS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Sollers President | OfficerTrustee | 1 | $0 |
Steve Kenny Secretary | OfficerTrustee | 1 | $0 |
Rich Legerski Vice Preside | OfficerTrustee | 1 | $0 |
Evan Tidball Treasurer | OfficerTrustee | 1 | $0 |
Shannon Hitchcock Executive Di | Officer | 8 | $0 |
Stephanie Titus CFO | Officer | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $29,750 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $211,096 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $240,846 |
| Total Program Service Revenue | $0 |
| Investment income | $2 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$16,119 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $41,561 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $266,290 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,195 |
| 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 | $556 |
| Fees for services: Accounting | $1,174 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $56,469 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $29,272 |
| Advertising and promotion | $7,221 |
| Office expenses | $5,285 |
| Information technology | $300 |
| 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 | $340 |
| Insurance | $0 |
| All other expenses | $4,158 |
| Total functional expenses | $105,970 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,625 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $138,633 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,208 |
| Prepaid expenses and deferred charges | $100 |
| Net Land, buildings, and equipment | $141 |
| Investments—publicly traded securities | $592,319 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $812,026 |
| Accounts payable and accrued expenses | $5,442 |
| 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 | $5,442 |
| Net assets without donor restrictions | $806,584 |
| 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 | $812,026 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Prosser Memorial Health Foundation has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Washington State Hospital Association Seattle, WA PURPOSE: PANDEMIC ASSISTANCE | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Service Employees Health And Welfare Trust Seattle, WA | $47,657,399 | $43,804,686 |
Greater Fairbanks Community Hospital Foundation Inc Fairbanks, AK | $517,877,782 | $49,411,110 |
Sheet Metal Workers 16 Health And Welfare Fund Portland, OR | $48,597,003 | $31,256,825 |
Inlandboatmens Union Of The Pacific National Health & Welfare Trust Seattle, WA | $51,210,144 | $31,711,005 |
Machinists Health And Welfare Trust Fund Seattle, WA | $52,643,086 | $28,345,807 |
Hilltop Regional Health Center Tacoma, WA | $0 | $26,653,011 |
Covenant Physician Partners Inc Renton, WA | $20,551,600 | $16,901,042 |
Eba-Pge-Ibew Local Union 125 Health & Welfare Trust Tukwila, WA | $8,917,739 | $18,022,514 |
Providence St Vincent Medical Foundation Portland, OR | $302,625,014 | $42,114,354 |
Overlake Hospital Foundation Bellevue, WA | $26,396,715 | $13,671,276 |
Providence Portland Medical Foundation Portland, OR | $219,001,384 | $22,077,699 |
Alaska Carpenters Health & Welfare Trust Fund Seattle, WA | $29,936,146 | $14,215,183 |