Nor Lea Foundation Inc
- Assets
- $1.1m
- Revenue
- $120.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Lovington, NM
- Founding
- 11/2013
- Data as of
- 06/2022
- EIN
- 90-0914800
Organization Overview
Nor Lea Foundation Inc is located in Lovington, NM. The organization was established in 2013. 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. Nor Lea 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 06/2022, Nor Lea Foundation Inc generated $120.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $41.0k during the year ending 06/2022. 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 PROVIDE A HEALING TOUCH, GENEROUS HAND, CARING SERVICES AND COMMUNITY WELLNESS TO NOR-LEA HOSPITAL DISTRICT AND ITS PATIENTS, SUPPORTERS AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH THE GENEROSITY AND COMMITMENT OF OUR SUPPORTERS, THE NOR-LEA FOUNDATION IS DEDICATED TO PROVIDING VITAL SUPPORT TO NOR-LEA PATIENTS, THE NOR-LEA HOSPITAL DISTRICT, AND THE COMMUNITIES WE SERVE. IT IS THE MISSION OF THE NOR-LEA FOUNDATION TO PROVIDE A HEALING TOUCH, GENEROUS HAND, CARING SERVICE AND COMMUNITY WELLNESS TO THE NOR-LEA HOSPITAL DISTRICT AND ITS PATIENTS, SUPPORTERS, AND COMMUNITY. THE FOUNDATION WILL ALWAYS EXIST TO ASSIST THE NOR-LEA HOSPITAL DISTRICT IN THE PROVISION OF QUALITY, COMPASSIONATE HEALTH CARE IN ORDER TO RAISE THE STANDARD OF CARE AND WELLNESS IN LEA COUNTY AND SURROUNDING COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pam Lackey Vice Chair | OfficerTrustee | 1 | $0 |
Allyson Roberts Secretary/treasurer | OfficerTrustee | 1 | $0 |
Sam Spencer Board Chair | OfficerTrustee | 1 | $0 |
David Shaw Board Member | Trustee | 1 | $0 |
Melissa Belz Board Member (through March 2022) | Trustee | 1 | $0 |
Jenna Decker Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $32,028 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $94,012 |
| Noncash contributions included in lines 1a–1f | $4,980 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $126,040 |
| Total Program Service Revenue | $0 |
| Investment income | $1,146 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$6,724 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $120,462 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,115 |
| Grants and other assistance to domestic individuals. | $11,594 |
| 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 | $5,112 |
| 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 | $180 |
| 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 | $40,962 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $280,020 |
| Savings and temporary cash investments | $800,000 |
| 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 | $4,183 |
| 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 | $918 |
| Total assets | $1,085,121 |
| 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 | $719,214 |
| Net assets with donor restrictions | $365,907 |
| 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 | $1,085,121 |
Grants Awarded
Over the last fiscal year, Nor Lea Foundation Inc has awarded $39,327 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Lovington, NM PURPOSE: Construction and expansion of the chemotherapy unit; cabinet warmer for chemotherapy blankets; and wi-fi equipment | $34,327 |
AMERICAN CANCER SOCIETY - GREAT WEST DIVISION PURPOSE: Title sponsor for annual Relay for Life event | $5,000 |
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 |