Lincoln County Medical Center Foundation Inc
- Assets
- $238.6k
- Revenue
- $23.0k
- Investments
- $187.7k
- Employees
- 0
- Location
- Alto, NM
- Founding
- 07/2003
- Data as of
- 12/2021
- EIN
- 32-0074025
Organization Overview
Lincoln County Medical Center Foundation Inc is located in Alto, NM. The organization was established in 2003. 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. Lincoln County 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, Lincoln County Medical Center Foundation Inc generated $23.0k 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 (21.9%) each year. All expenses for the organization totaled $53.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Don Wolfel President | 0 | $0 | |
Dave Parks Vice-Preside | 0 | $0 | |
Todd Oberheu Secretary | 0 | $0 | |
Scott Shaffer Director | 0 | $0 | |
Rex Wilson Director | 0 | $0 | |
Susan Dimotta Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,500 |
| Interest on Savings | $5 |
| Dividends & Interest | $4,575 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,367 |
| Capital Gain Net Income | $2,152 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,508 |
| Total Revenue | $22,955 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,429 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,059 |
| Total operating and administrative expenses | $11,225 |
| Contributions, gifts, grants paid | $42,147 |
| Total expenses and disbursements | $53,372 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,894 |
| Savings and temporary cash investments | $20,002 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $238,566 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $361 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $361 |
Grants Awarded
Over the last fiscal year, Lincoln County Medical Center Foundation Inc has awarded $42,147 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
COUNTY OF LINCOLN PURPOSE: HOSPITAL LANDSCAPE | $24,616 |
LINCOLN CO MEDICAL CENTER PURPOSE: TV'S & CABLING - INFUSION DEPT | $15,331 |
HIGH MOUNTAIN YOUTH PURPOSE: GENERAL SUPPORT | $2,200 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lincoln County Medical Center Foundation Inc has recieved totaling $1,571,950.
| Awarding Organization | Amount |
|---|---|
Presbyterian Healthcare Services Albuquerque, NM | | $1,571,950 |
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 |