Salmon Creek Hospital Foundation
- Assets
- $4.3m
- Revenue
- $1.4m
- Investments
- $4.3m
- Employees
- 0
- Location
- Portland, OR
- Founding
- 12/2006
- Data as of
- 03/2022
- EIN
- 83-0433165
Organization Overview
Salmon Creek Hospital Foundation is located in Portland, OR. The organization was established in 2006. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, 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. Salmon Creek 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 03/2022, Salmon Creek Hospital Foundation generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.9% each year . All expenses for the organization totaled $1.2m during the year ending 03/2022. While expenses have increased by 21.0% 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.
Since 2015, Salmon Creek Hospital Foundation has awarded 22 individual grants totaling $5,030,668. 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
SALMON CREEK HOSPITAL FOUNDATION'S PURPOSE IS TO PROVIDE SUPPORT FOR THE VISION AND MISSION OF LEGACY SALMON CREEK HOSPITAL BY RAISING FUNDS AND PROMOTING VISIBILITY IN THE VANCOUVER COMMUNITY AND THROUGHOUT SW WASHINGTON.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE GIFTS TO SALMON CREEK HOSPITAL FOUNDATION SUPPORT THE PROGRAMS AND SERVICES OF LEGACY SALMON CREEK MEDICAL CENTER, MANY OF WHICH ARE NOT SUPPORTED BY TRADITIONAL MEANS OF REIMBURSEMENT.LEGACY SALMON CREEK MEDICAL CENTER OPENED IN AUGUST 2005 AS A FULL-SERVICE COMMUNITY HOSPITAL FOR THE SOUTHWEST WASHINGTON AREA, INCLUDING CLARK, COWLITZ, SKAMANIA, KLICKITAT, AND WAHKIAKUM COUNTIES. SERVICES INCLUDE:* EMERGENCY DEPARTMENT, INCLUDING A SPECIAL PEDIATRIC EMERGENCY AREA * SURGICAL SERVICES * FAMILY BIRTH CENTER AND CENTER FOR MATERNAL-FETAL MEDICINE* A NEONATAL INTENSIVE CARE UNIT (NICU) * CANCER SERVICES* CARDIAC SERVICES* NEUROSCIENCE CENTER, INCLUDING STROKE PROGRAM* TOTAL JOINT CENTER* REHABILITATION SERVICES* PEDIATRIC OUTPATIENT SERVICES, INCLUDING DEVELOPMENT AND REHABILITATION AND THE CHILD ABUSE ASSESSMENT TEAMIN ADDITION, THE FOUNDATION SUPPORTS SEVERAL LEGACY MEDICAL GROUP PRIMARY AND SPECIALTY CARE CLINICS IN SOUTHWEST WASHINGTON.IN FISCAL YEAR 2022, PHILANTHROPIC CONTRIBUTIONS SUPPORTED PROGRAMS IN THESE MAJOR AREAS:PATIENT CARE $1,146,934EDUCATION AND TRAINING $27,663COMMUNITY BENEFIT & OTHER PROGRAMS $3,243SOME OF THE PROJECTS FUNDED IN THIS YEAR INCLUDED: SUPPORTED THE CONSTRUCTION OF THE NEW CANCER HEALING CENTER. PURCHASED MULTIPLE PIECES OF EQUIPMENT TO SUPPORT THE EXPANSION OF CARDIAC SERVICES AT LEGACY SALMON CREEK MEDICAL CENTER. PROVIDED SUPPORT FOR THE CHILD ABUSE ASSESSMENT TEAM (CAAT). PROVIDED EMERGENCY MEDICATIONS, DURABLE MEDICAL EQUIPMENT, TRANSITIONAL HOUSING, AND OTHER HEALTH-RELATED SUPPLIES TO UNINSURED, UNDER-INSURED, AND LOW-INCOME PATIENTS. PURCHASED TWO MONICA FETAL HEART MONITORS FOR THE FAMILY BIRTH CENTER. PROVIDED SUPPORT FOR FAMILIES WITH EXTENDED STAYS IN THE NEONATAL INTENSIVE CARE UNIT. SUPPORTED MUSICAL CARE ON ALL HOSPITAL UNITS. PURCHASED THERAPY EQUIPMENT FOR THE PEDIATRIC REHABILITATION PROGRAM. SUPPORTED CHILD PASSENGER SAFETY SEAT ACTIVITIES FOR THE COMMUNITY. PROVIDED CONTINUING EDUCATION SCHOLARSHIPS FOR NURSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather G Martin Executive Dir. | OfficerTrustee | 1 | $0 |
J Michael Schultz Executive Dir. | OfficerTrustee | 12 | $0 |
Marg C Nelson Chairman | OfficerTrustee | 1 | $0 |
Dennis R Malin Vice Chair | OfficerTrustee | 1 | $0 |
Michael R Burgoyne Treasurer | OfficerTrustee | 1 | $0 |
William C Erwin Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $51,315 |
| Related organizations | $5,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,215,122 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,271,437 |
| Total Program Service Revenue | $0 |
| Investment income | $97,400 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,932 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,370,769 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,174,462 |
| 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 | $0 |
| 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 | $1,174,462 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $4,339,648 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,339,648 |
| 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 | $1,511,614 |
| Net assets with donor restrictions | $2,828,034 |
| 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 | $4,339,648 |
Grants Awarded
Over the last fiscal year, Salmon Creek Hospital Foundation has awarded $1,170,960 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Vancouver, WA | | $1,130,347 |
Portland, OR | | $40,613 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Salmon Creek Hospital Foundation has recieved totaling $15,600.
| Awarding Organization | Amount |
|---|---|
Columbia Community Credit Union Vancouver, WA PURPOSE: SUPPORT FOR THE CHILD ABUSE ADVOCACY TEAM THROUGH EVENT FUNDRAISING | $15,600 |
Endowment Analysis
| Beg. Balance | $2,206,732 |
| Earnings | $26,412 |
| Net Contributions | $1,097,677 |
| Other Expense | $502,786 |
| Ending Balance | $2,828,035 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Health Trust San Jose, CA | $121,710,824 | $27,941,301 |
Seattle Childrens Healthcare System Seattle, WA | $1,236,637,312 | $122,583,383 |
Valley Childrens Healthcare Foundation Madera, CA | $40,273,327 | $13,248,839 |
St Lukes Health Foundation Ltd Boise, ID | $50,176,105 | $12,367,207 |
Multicare Health Foundation Tacoma, WA | $69,482,903 | $11,201,582 |
Overlake Hospital Association Bellevue, WA | $31,794,126 | $12,421,472 |
Childrens Healthcare Of California Orange, CA | $509,065,328 | $34,175,929 |
Community Clinics Health Network San Diego, CA | $1,366,120 | $5,859,898 |
Legacy Health Endowment Turlock, CA | $0 | $3,113,073 |
Oregon Rural Health Initiative Portland, OR | $7,029,575 | $4,022,932 |
Beyond Type1 San Mateo, CA | $30,549,065 | $31,598,966 |
Dignity Health Foundation San Francisco, CA | $14,808,045 | $3,116,398 |