Lake Chelan Health And Wellness Foundation
- Assets
- $3.6m
- Revenue
- $579.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Chelan, WA
- Founding
- 06/1993
- Data as of
- 12/2021
- EIN
- 91-1196271
Organization Overview
Lake Chelan Health And Wellness Foundation is located in Chelan, WA. The organization was established in 1993. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Chelan Health And Wellness 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, Lake Chelan Health And Wellness Foundation generated $579.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $431.9k during the year ending 12/2021. While expenses have increased by 5.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE LAKE CHELAN HEALTH & WELLNESS FOUNDATION WAS ORGANIZED IN 1982 TO PROVIDE AND IMPROVE HEALTH CARE SERVICES AT THE LAKE CHELAN COMMUNITY HOSPITAL AND ITS SERVICE AREA. IN 2021, OVER $60,000 IN HEALTHCARE EDUCATIONAL SCHOLARSHIPS WERE AWARDED AND OVER $100,000 WAS CONTRIBUTED TO THE CHELAN HOSPITAL FOR WELLNESS PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LAKE CHELAN HEALTH & WELLNESS FOUNDATION IS COMMITTED TO ADVANCING HEALTHCARE FACILITIES WITHIN ITS HOSPITAL DISTRICT. THE FOUNDATION REGULARLY PURCHASES HIGHLY NEEDED EQUIPMENT FOR THE LAKE CHELAN COMMUNITY HOSPITAL. IN THE 1990S, THE FOUNDATION SPONSORED A CAPITAL CAMPAIGN THAT RAISED $900,000 TO SUPPORT THE BUILDING OF A NEW HOSPITAL FLOOR. SINCE 1997, EQUIPMENT PURCHASES HAVE INCLUDED EMERGENCY AND OPERATING ROOM EQUIPMENT, AN X-RAY UNIT, PORTABLE BEDSIDE MONITORS, AND IV PUMPS. THE FOUNDATION PURCHASED GLIDESCOPES FOR EMS VEHICLES, ORTHOPEDIC SURGICAL TOOLS, CHILDREN'S WAITING ROOM FURNITURE, AUTOMATED EXTERNAL DEFIBRILLATORS, A WATER PURIFICATION SYSTEM, AND AN INTEGRATED LISTENING SYSTEM FOR PEDIATRIC PATIENTS. EQUIPMENT PURCHASES ALSO INCLUDE C-ARM, PORTABLE X-RAY, AND PUT EQUIPMENT. MORE RECENTLY, THE FOUNDATION HAS RAISED FUNDS FOR A NEW HOSPITAL BUILDING. CONTRIBUTIONS TO THE HOSPITAL INCLUDE THE USE OF DESIGNATED DONOR ADVISED FUNDS.
THE LAKE CHELAN HEALTH & WELLNESS FOUNDATION IS DEDICATED TO EDUCATING CURRENT AND FUTURE HEALTHCARE PROFESSIONALS IN ITS COMMUNITY. SINCE 1995, THE FOUNDATION HAS PROVIDED OVER $1.6 MILLION FOR HEALTHCARE EDUCATION TO CURRENT AND FUTURE CAREGIVERS IN THE LAKE CHELAN VALLEY FROM THE INVESTMENT INCOME GENERATED FROM A BEQUEST OF OVER $1 MILLION BY EDNA BRAGG. IN 2021, 25 LAKE CHELAN VALLEY STUDENTS PURSUING ADVANCED HEALTHCARE DEGREES AND 2 LOCAL HEALTHCARE PROFESSIONALS RECEIVED OVER $60,000 IN HEALTHCARE EDUCATION ASSISTANCE.
IN 2013, A CHILD WELLNESS PROGRAM, "CLUB MAX", WAS LAUNCHED. CLUB MAX INSPIRES LOCAL YOUTH TO LEAD HEALTHIER LIVES, WITH A SPECIFIC FOCUS ON FIGHTING CHILDHOOD OBESITY. COMMUNITY WELLNESS PROGRAMS SUCH AS DIABETES SMACKDOWN, WELLNESS THEATRE, AND SCHOOL DONATIONS HAVE ALSO IMPROVED WELLNESS IN THE SCHOOLS AND COMMUNITY. DUE TO COVID, NO PROGRAMS WERE HELD IN 2021.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Micheal Steele President | OfficerTrustee | 2 | $0 |
Eddi Brownfield-Nelson Treasurer | OfficerTrustee | 0.5 | $0 |
Linda Parker Secretary | OfficerTrustee | 0.5 | $0 |
Karen Mckellar Director | Trustee | 0.25 | $0 |
Tom Anglin Past-President | Trustee | 0.25 | $0 |
Emmit Aston Director | Trustee | 0.25 | $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 | $366,826 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $366,826 |
| Total Program Service Revenue | $0 |
| Investment income | $916 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $212,046 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $579,788 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $317,412 |
| Grants and other assistance to domestic individuals. | $63,675 |
| 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 | $20,480 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,923 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $980 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,285 |
| Office expenses | $224 |
| Information technology | $14,446 |
| Royalties | $0 |
| Occupancy | $5,600 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,178 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $431,871 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $363,475 |
| 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 | $3,200,885 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,564,360 |
| Accounts payable and accrued expenses | $355 |
| 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 | $355 |
| Net assets without donor restrictions | $4,426,155 |
| Net assets with donor restrictions | -$862,150 |
| 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 | $3,564,360 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Lake Chelan Health And Wellness Foundation has recieved totaling $300,005.
| Awarding Organization | Amount |
|---|---|
M J Murdock Charitable Trust Vancouver, WA PURPOSE: EQUIPMENT FOR NEW HOSPITAL | $300,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
| Beg. Balance | $3,782,996 |
| Earnings | $392,383 |
| Net Contributions | $314,451 |
| Grants | $63,675 |
| Ending Balance | $4,426,155 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alaska Community Foundation Anchorage, AK | $168,147,953 | $93,626,867 |
Community Foundation For Southwest Washington Vancouver, WA | $320,798,451 | $21,245,317 |
Innovia Foundation Spokane, WA | $167,789,472 | $30,081,757 |
Greater Tacoma Community Foundation Tacoma, WA | $166,592,589 | $24,675,694 |
Idaho Community Foundation Inc Boise, ID | $229,667,754 | $28,111,141 |
Community Foundation Of North Central Washington Wenatchee, WA | $129,475,587 | $18,614,873 |
Whatcom Community Foundation Bellingham, WA | $61,418,992 | $32,311,600 |
Blue Mountain Community Foundation Walla Walla, WA | $59,624,094 | $14,162,735 |
Oregon Jewish Community Foundation Portland, OR | $113,748,806 | $13,935,130 |
Yakima Valley Community Foundation Yakima, WA | $80,915,823 | $19,701,329 |
Juneau Community Foundation Juneau, AK | $82,810,614 | $6,137,568 |
Portland Community College Foundation Inc Portland, OR | $27,749,544 | $7,912,133 |