Atrium Medical Center Foundation
- Assets
- $33.1m
- Revenue
- $5.3m
- Investments
- $7.0m
- Employees
- 6
- Location
- Dayton, OH
- Founding
- 02/1984
- Data as of
- 12/2021
- EIN
- 31-1079213
Organization Overview
Atrium Medical Center Foundation is located in Dayton, OH. The organization was established in 1984. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. As of 12/2021, Atrium Medical Center Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Atrium Medical Center 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, Atrium Medical Center Foundation generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 2.4% 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.
Since 2014, Atrium Medical Center Foundation has awarded 63 individual grants totaling $3,702,216. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP CHARITABLE GIFTS AND RESOURCES DEDICATED TO BUILDING HEALTHIER COMMUNITIES IN SW OHIO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ATRIUM MEDICAL CENTER FOUNDATION PROVIDED $105,057 TOWARD ATRIUM'S MATERNAL HEALTH CLINIC, WHICH PROVIDES COMPREHENSIVE HEALTH CARE REGARDLESS OF OUR PATIENTS' FINANCIAL STATUS THROUGH HEALTH PREVENTION, ROUTINE EXAMINATIONS, DETECTION, SCREENING, AND THE TREATMENT OF ILLNESS. ADDITIONALLY, THE FOUNDATION SUPPORTED THE CLINIC'S CENTERING PREGNANCY PROGRAM, WHICH OFFERS INDIGENT MOTHERS WITH EDUCATION, ADVOCACY, COLLABORATION, AND ACTION. CENTERING PROVIDES GUIDANCE TO HELP NEW MOMS AND PROVIDERS ENSURE THAT EVERYTHING FROM NUTRITION, COMMON DISCOMFORTS, STRESS MANAGEMENT, LABOR AND DELIVERY, BREASTFEEDING, AND INFANT CARE ARE COVERED. NUMEROUS PUBLISHED STUDIES HAVE FOUND CENTERING MOMS HAVE HEALTHIER BABIES AND THAT CENTERING NEARLY ELIMINATES RACIAL DISPARITIES IN PRETERM BIRTH.
OPERATIONAL ASSISTANCE WAS PROVIDED TO THE HELP ENDURE A LOSS (H.E.A.L.) PROGRAM IN THE AMOUNT OF $48,315. PROGRAM FUNDING HELPED MAKE AVAILABLE CARING APPROPRIATE, COST-EFFECTIVE, AND ACCESSIBLE SERVICES TO FAMILIES IN CRISIS DUE TO AN UNANTICIPATED OUTCOME CONCERNING THEIR BABY/CHILD. ATRIUM MEDICAL CENTER FOUNDATION PROVIDES FUNDING TO THIS PROGRAM BECAUSE WE RECOGNIZE THE LOSS OF A PREGNANCY, DEATH OF AN INFANT/CHILD IS AN EMOTIONAL LIFE-ALTERING EXPERIENCE FOR FAMILIES WITHIN OUR COMMUNITY.
ATRIUM MEDICAL CENTER FOUNDATION PROVIDED $41,768 TOWARD CORONAVIRUS EMERGING NEEDS IN 2021. THIS PROVIDED UNBUDGETED EMERGING SUPPORT IN RESPONSE TO THE COVID-19 PANDEMIC, INCLUDING UNBUDGETED STAFF NEEDS OR CATASTROPHIC ASSISTANCE, RECOGNITION, SUPPLIES AND EQUIPMENT, PATIENT CARE NEEDS, COMMUNITY OUTREACH AND EDUCATION RELATED TO THE CORONAVIRUS PANDEMIC, OR ANY ACTIVITY THAT INCREASES STAFF CLINICAL KNOWLEDGE AND POSITIVELY IMPACTED PATIENT OUTCOMES.
THIS NUMBER REPRESENTS THE BALANCE OF TOTAL EXPENDITURES OF TEMPORARILY RESTRICTED FUNDS FOR ATRIUM MEDICAL CENTER (AMC) NET OF PROGRAMS DESCRIBED IN SERVICE ACCOMPLISHMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael D Stautberg President | Officer | 40 | $190,664 |
Christopher Hopper Secretary (from Mar)/trustee | OfficerTrustee | 0.5 | $0 |
Nancy L Gross Board Treasurer | OfficerTrustee | 0.5 | $0 |
Michael J Scorti Chair (to Mar)/vice-Chair (from Mar) | OfficerTrustee | 0.5 | $0 |
Tom Farrell Secretary (to Feb)/chair (from Mar) | OfficerTrustee | 0.5 | $0 |
James B Kleingers Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $42,500 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,997,510 |
| Noncash contributions included in lines 1a–1f | $1,471,970 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,040,010 |
| Total Program Service Revenue | $0 |
| Investment income | $263,863 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $120,538 |
| Net Gain/Loss on Asset Sales | $1,914,045 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,338,456 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $470,680 |
| Grants and other assistance to domestic individuals. | $52,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $217,246 |
| Compensation of current officers, directors, key employees. | $54,312 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $348,766 |
| Pension plan accruals and contributions | $6,862 |
| Other employee benefits | $34,760 |
| Payroll taxes | $33,415 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,698 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $45,118 |
| Fees for services: Other | $77,145 |
| Advertising and promotion | $42,998 |
| Office expenses | $14,129 |
| Information technology | $19,248 |
| Royalties | $0 |
| Occupancy | $11,184 |
| Travel | $5,917 |
| 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 | $988 |
| Total functional expenses | $1,494,507 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $259,098 |
| Pledges and grants receivable | $407,871 |
| 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 | $2,742,302 |
| Investments—publicly traded securities | $21,692,741 |
| Investments—other securities | $6,951,966 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,019,467 |
| Total assets | $33,073,445 |
| Accounts payable and accrued expenses | $106,783 |
| 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 | $2,311,878 |
| Total liabilities | $2,418,661 |
| Net assets without donor restrictions | $11,152,946 |
| Net assets with donor restrictions | $19,501,838 |
| 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 | $33,073,445 |
Grants Awarded
Over the last fiscal year, Atrium Medical Center Foundation has awarded $430,590 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Dayton, OH PURPOSE: SUPPORT OPERATIONS | $321,619 |
Middletown, OH PURPOSE: SUPPORT | $62,146 |
Dayton, OH PURPOSE: SUPPORT OPERATIONS | $12,703 |
Middletown, OH PURPOSE: SUPPORT | $12,250 |
Dayton, OH PURPOSE: MOBILE MAMMOGRAPHY | $9,872 |
Lebanon, OH PURPOSE: SUPPORT | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Atrium Medical Center Foundation has recieved totaling $156,944.
| Awarding Organization | Amount |
|---|---|
The Community Foundation Of West Chester Liberty West Chester, OH PURPOSE: RAPID TESTING DEVICES | $45,915 |
Miami Valley Hospital Dayton, OH PURPOSE: SUPPORT | $41,410 |
Interact For Change Cincinnati, OH PURPOSE: RESTRICTED FUND GRANT | $30,000 |
Atrium Auxiliary Middletown Franklin, OH PURPOSE: TO FURTHER THE WELFARE AND INTEREST OF THE ATRIUM MEDICAL CENTER | $20,396 |
Breast Cancer Fund Of Ohio Independence, OH PURPOSE: EMERGENCY ASSISTANCE | $6,000 |
Upper Valley Medical Center Dayton, OH PURPOSE: SUPPORT | $5,555 |
Endowment Analysis
| Beg. Balance | $15,774,914 |
| Earnings | $1,773,429 |
| Net Contributions | $3,020,292 |
| Grants | $1,066,797 |
| Ending Balance | $19,501,838 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kentuckyone Health Inc Lexington, KY | $15,206,136 | $12,087,828 |
Community Health Network Foundation Inc Indianapolis, IN | $96,702,775 | $20,395,245 |
Doylestown Health Foundation Doylestown, PA | $88,236,207 | $10,269,180 |
Newcourtland Elder Service Philadelphia, PA | $143,669,356 | $7,770,253 |
Metrohealth Foundation Inc Cleveland, OH | $88,791,792 | $21,235,092 |
Upmc Pinnacle Foundation Harrisburg, PA | $153,865,644 | $10,550,659 |
Community First Solutions Hamilton, OH | $99,479,120 | $13,306,151 |
Louisville Medical Center Development Corporation Louisville, KY | $97,176,335 | $8,068,476 |
Fund For Medical Research And Education Detroit, MI | $30,425,506 | $9,049,534 |
Pulaski Health Foundation Inc Winamac, IN | $8,480,545 | $8,038,166 |
York Health Foundation York, PA | $12,105,892 | $8,310,377 |
Healthcare Foundation Of La Porte Inc La Porte, IN | $192,768,600 | $27,903,057 |