Madera Community Hospital Founda Tion
- Assets
- $430.5k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Madera, CA
- Founding
- 09/1978
- Data as of
- 06/2021
- EIN
- 94-2514197
Organization Overview
Madera Community Hospital Founda Tion is located in Madera, CA. The organization was established in 1978. According to its NTEE Classification (E22) the organization is classified as: General 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. Madera Community Hospital Founda Tion 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 06/2021, Madera Community Hospital Founda Tion generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 51.2% each year . All expenses for the organization totaled $1.1m during the year ending 06/2021. While expenses have increased by 22.5% per year over the past 6 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
MADERA COMMUNITY HOSPITAL FOUNDATION IS DEDICATED TO RAISING FUNDS TO BE DONATED TO MADERA COMMUNITY HOSPITAL FOR THE PROCUREMENT OF MEDICAL EQUIPMENT AND BUILDING UPGRADES TO THE HOSPITAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDRAISING ACTIVITIES WERE CONDUCTED TO RAISE MONEY TOWARDS A DONATION TO MADERA COMMUNITY HOSPITAL FOR THE PROCUREMENT OF MEDICAL EQUIPMENT AND BUILDING UPGRADES. DONATIONS IN THE AMOUNT OF $1,051,776 FROM PAST AND CURRENT DONATIONS AND FUNDRAISING ACTIVITIES WERE GIVEN TO THE HOSPITAL THIS YEAR.
ACADEMIC SCHOLARSHIPS WERE PROVIDED TO STUDENTS PURSUING AN EDUCATION IN THE HEALTHCARE FIELD. SIX SCHOLARSHIPS OF $500 EACH WERE GIVEN TO NURSING STUDENTS THIS YEAR.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Bushey Trustee | Trustee | 0.5 | $0 |
Saim Mohammad Trustee | Trustee | 0.5 | $0 |
Tim Welch Vice President | Trustee | 1 | $0 |
Mike Fitzgerald Trustee | Trustee | 0.5 | $0 |
Omair Javaid Trustee | Trustee | 0.5 | $0 |
John Markle Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $98,710 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,144,035 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,242,745 |
| Total Program Service Revenue | $0 |
| Investment income | $367 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$12,406 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,230,706 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,051,776 |
| Grants and other assistance to domestic individuals. | $3,000 |
| 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 | $2,500 |
| Office expenses | $4,417 |
| Information technology | $4,295 |
| 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 | $2,327 |
| Total functional expenses | $1,089,392 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $295,226 |
| Savings and temporary cash investments | $129,643 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,365 |
| 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 | $4,250 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $430,484 |
| 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 | $300,841 |
| Net assets with donor restrictions | $129,643 |
| 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 | $430,484 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Madera Community Hospital Founda Tion has recieved totaling $5,694.
| Awarding Organization | Amount |
|---|---|
Ecology Center Berkeley, CA PURPOSE: FOOD INSECURITY NUTRITION INCENTIVE (FINI) GRANT PROGRAM | $5,681 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northern Cochise Community Hospital Inc Willcox, AZ | $20,177,243 | $20,842,048 |
Sharp Healthcare Foundation San Diego, CA | $131,027,036 | $23,927,952 |
Molokai General Hospital Kaunakakai Molokai, HI | $24,900,485 | $18,403,265 |
South Lyon Health Center Inc Yerington, NV | $12,479,449 | $17,444,997 |
Santa Teresita Inc Duarte, CA | $33,884,030 | $11,712,554 |
San Fernando Community Hospital San Fernando, CA | $15,167,403 | $13,045,007 |
Soulistic Medical Institute Tubac, AZ | $5,065,904 | $11,589,434 |
Mercy Foundation Rancho Cordova, CA | $58,980,931 | $11,466,050 |
Feather River Hospital Roseville, CA | $102,819,341 | $4,238,478 |
Surprise Valley Health Care District Cedarville, CA | $5,751,575 | $9,137,773 |
Sihanouk Hosiptal Corporation San Diego, CA | $2,845,780 | $8,524,601 |
Westcare Illinois Inc Las Vegas, NV | $4,249,058 | $8,201,821 |