Middle Park Medical Foundation
- Assets
- $1.2m
- Revenue
- $835.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Kremmling, CO
- Founding
- 09/2002
- Data as of
- 12/2022
- EIN
- 84-1594815
Organization Overview
Middle Park Medical Foundation is located in Kremmling, CO. The organization was established in 2002. 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. Middle Park Medical 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 12/2022, Middle Park Medical Foundation generated $835.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 48.4% each year . All expenses for the organization totaled $151.3k during the year ending 12/2022. While expenses have increased by 26.2% per year over the past 5 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
TO ADVANCE AND SUSTAIN QUALITY HEALTHCARE IN SUPPORT OF MIDDLE PARK HEALTH AND OUR RURAL MOUNTAIN COMMUNITIES THROUGH DONATIONS, VOLUNTEERISM, SCHOLARSHIPS, AND OTHER PHILANTHROPIC MEANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVANCE AND SUSTAIN QUALITY HEALTHCARE IN LOCAL RURAL MOUNTAIN COMMUNITY: WE HAVE FUNDED PROGRAMS AND INDIVIDUALS IN 2022 FOR THEIR ADVANCEMENT TO CONTRIBUTE TO THE OVERALL HEALTHCARE OF THE COMMUNITY. EXAMPLES INCLUDE DONATING FUNDS TO RESTORE A DILAPIDATED GYMNASIUM IN THE KREMMLING COMMUNITY THAT LACKS A PUBLIC GYM AND DONATING TO THE FRASER PROJECT TO IMPROVE THE PATIENT EXPERIENCE AT THE HOSPITAL.
MPMF RAISES THE FUNDS FOR SCHOLARSHIPS TO THREE DIFFERENT CATEGORIES OF PEOPLE IN THE SURROUNDING AREA THAT ARE WISHING TO START OR FURTHER THEIR MEDICAL EDUCATION. ON AVERAGE WE GIVE OUT 15-20 SCHOLARSHIPS A YEAR.
BENEFIT DINNER FUNDS RAISED ARE DONATED TO MIDDLE PARK HEALTH FOR THEIR GREATEST NEED. THIS YEAR WE DONATED FUNDS FOR A BARIATRIC BED. MIDDLE PARK HEALTH IS LOCATED IN GRAND COUNTY HOME TO JUST OVER 15,000 PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sue Coburn President | OfficerTrustee | 4 | $0 |
Jamie Jensen Vice Preside | OfficerTrustee | 4 | $0 |
Elfriede Campbell Secretary | OfficerTrustee | 4 | $0 |
Neil Funk Treasurer | OfficerTrustee | 4 | $0 |
Jeff Miller Board Member | Trustee | 4 | $0 |
Anne Haggar Gibson Board Member | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $283,879 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $577,356 |
| Noncash contributions included in lines 1a–1f | $31,495 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $861,235 |
| Total Program Service Revenue | $0 |
| Investment income | $8,165 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$34,356 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $835,044 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $75,950 |
| Grants and other assistance to domestic individuals. | $56,567 |
| 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 | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,628 |
| Advertising and promotion | $535 |
| Office expenses | $4,695 |
| Information technology | $3,229 |
| 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 | $1,483 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $716 |
| All other expenses | $0 |
| Total functional expenses | $151,303 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $615,537 |
| Savings and temporary cash investments | $160,779 |
| Pledges and grants receivable | $136,927 |
| 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 | $317,197 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,230,440 |
| 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 | $1,230,440 |
| 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 | $1,230,440 |