Southwest Memorial Hospital Foundation Inc
- Assets
- $190.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cortez, CO
- Founding
- 12/1992
- Data as of
- 12/2020
- EIN
- 84-1200460
Organization Overview
Southwest Memorial Hospital Foundation Inc is located in Cortez, CO. The organization was established in 1992. According to its NTEE Classification (E20) the organization is classified as: Hospitals, 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. Southwest Memorial Hospital 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 12/2020, Southwest Memorial Hospital Foundation Inc generated $127.5k 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 (4.8%) each year. All expenses for the organization totaled $136.9k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
DURING 2020, THE FOUNDATION SPENT FUNDS FOR CANCER CARE PATIENTS AND A LARGE GRANT TO THE HOSPITAL FOR A NEW BD MAX MACHINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Wood President | 2 | $0 | |
Jodi Jahrling Vice President | 1 | $0 | |
Karen Bubley Secretary | 1 | $0 | |
Robert Dobry Director | 1 | $0 | |
Jo Waley Director | 1 | $0 | |
Melinda Smith Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $123,853 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,647 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $127,500 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,001 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $134,430 |
| Total expenses | $136,931 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $190,504 |
| Other assets | $0 |
| Total assets | $190,504 |
| Total liabilities | $0 |
| Net assets or fund balances | $190,504 |