Gila Regional Medical Center Foundation
- Assets
- $714.0k
- Revenue
- $10.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Silver City, NM
- Founding
- 05/1990
- Data as of
- 12/2021
- EIN
- 85-0378973
Organization Overview
Gila Regional Medical Center Foundation, operating under the name Gila Health Foundation, is located in Silver City, NM. The organization was established in 1990. 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. Gila 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, Gila Health Foundation generated $10.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $349.0 during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (46.8%) per year over the past 7 years. 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
GILA HEALTH FOUNDATION'S MISSION: WORKING TO IMPROVE THE HEALTH, EDUCATION AND WELFARE OF SOUTHWEST NEW MEXICO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTERED GRANTS FOR A VARIETY OF HEALTH INITIATIVES.
THE FOUNDATION SUPPORTS SEVERAL PROGRAMS INCLUDING FIRST BORN, HOSPICE, S.A.N.E., THE CANCER CENTER, BREAST CANCER AWARENESS, GUARDIAN ANGEL PROGRAMS AND OTHERS. FUNDS ARE RECEIVED FROM MULTIPLE SOURCES INCLUDING PUBLIC CONTRIBUTIONS, FUND- RAISING AND GRANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allen Townsend President | OfficerTrustee | 5 | $0 |
Sara Rochelle Secretary | OfficerTrustee | 5 | $0 |
Alfred Sedillos Member | Trustee | 5 | $0 |
Vladimir Gnilozubov Treasurer | Trustee | 5 | $0 |
Richard Lawyer Member | Trustee | 5 | $0 |
Niel Mcdonald Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,751 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,751 |
| Total Program Service Revenue | $0 |
| Investment income | $8,316 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,067 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $204 |
| 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 | $349 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,920 |
| Savings and temporary cash investments | $678,629 |
| 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 | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,416 |
| Total assets | $713,965 |
| 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 | $109,062 |
| Net assets with donor restrictions | $604,903 |
| 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 | $713,965 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gila Regional Medical Center Foundation has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $5,000 |
Endowment Analysis
| Beg. Balance | $264,223 |
| Ending Balance | $264,223 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Banner Alzheimers Foundation Phoenix, AZ | $39,991,469 | $5,973,985 |
Bhhs Legacy Foundation Phoenix, AZ | $167,586,858 | $10,408,828 |
Integris Health Foundation Inc Oklahoma City, OK | $92,062,321 | $6,628,637 |
Dr Ralph And Marian Falk Medical Research Trust Dallas, TX | $157,031,108 | $27,774,925 |
West Texas Rehabilitation Center Foundation Abilene, TX | $206,763,020 | $14,541,495 |
Adventhealth Family Medicine Rural Health Clinics Inc Lampasas, TX | $9,726,205 | $5,929,517 |
Presbyterian Healthcare Foundation Albuquerque, NM | $137,827,322 | $16,177,459 |
Morningcrest Healthcare Foundation Tulsa, OK | $118,675,297 | $6,098,812 |
Rocky Mountain Adventist Healthcare Foundation Denver, CO | $20,783,386 | $6,576,256 |
Colorado Finishing Trades Health And Welfare Fund Aurora, CO | $6,955,417 | $6,380,248 |
Baylor College Of Medicine International Pediatric Aids Initi Houston, TX | $1,386,187 | $6,117,743 |
Aspen Valley Hospital Foundation Aspen, CO | $6,062,740 | $13,638,194 |