Gritman Medical Center Foundation Inc

Organization Overview

Gritman Medical Center Foundation Inc is located in Moscow, ID. The organization was established in 2005. 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. Gritman Medical Center 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 12/2021, Gritman Medical Center Foundation Inc generated $310.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.7%) each year. All expenses for the organization totaled $170.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (22.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT AND PROMOTE THE MISSION OF GRITMAN MEDICAL CENTER, A HOSPITAL ORGANIZED UNDER SECTION 501(C)(3), INCLUDING FACILITATING SOURCES OF SUPPORT OUTSIDE OF PATIENT FEES TO SUPPLEMENT THE GROWING NEEDS AND EQUIPMENT DUE TO IMPROVEMENTS IN TECHNOLOGY AND MEDICAL SERVICES AND PROVIDING COMMUNITY SERVICE, EDUCATION AND OUTREACH PROGRAMS TO THE PUBLIC REGARDING HEALTHCARE ISSUES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION COORDINATES EFFORTS TO ASSIST THE HOSPITAL IN SPECIFIC EQUIPMENT PURCHASES, AWARDING SCHOLARSHIPS FOR DEGREES IN THE MEDICAL FIELD, AND RAISING AWARENESS FOR RELATED HEALTH CARE ISSUES.


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Board, Officers & Key Employees

Name (title)Compensation
Adina Bielenberg
Director
$48,740
Pam Hays
President
$0
Barbara Bull
Vice President
$0
Justin Minden
Secretary
$0
Joann Evans
Treasurer
$0
Carol Bennett
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$80,809
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$92,831
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$173,640
Total Program Service Revenue$0
Investment income $137,390
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $278
Net Income from Fundraising Events -$644
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $310,664

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Gritman Medical Center Foundation Inc has recieved totaling $554.

Awarding OrganizationAmount
Schreck Family Foundation

Moscow, ID

PURPOSE: GENERAL USE

$500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$54
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$143,385
Earnings$7,503
Grants$1,000
Ending Balance$149,888

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