Aberdeen Area Medical Foundation Inc is located in Aberdeen, SD. The organization was established in 1988. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Aberdeen Area Medical 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, Aberdeen Area Medical Foundation Inc generated $45.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $10.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Aberdeen Area Medical Foundation Inc has awarded 22 individual grants totaling $130,000. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dennis Maloney President | 0.1 | $0 | |
Bruce Johnson Vice President | 0.1 | $0 | |
Charleen Erickson Secretary | 0.1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $22,003 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $23,103 |
Capital Gain Net Income | $23,103 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $45,106 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $563 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $13 |
Total operating and administrative expenses | $5,227 |
Contributions, gifts, grants paid | $5,000 |
Total expenses and disbursements | $10,227 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $13,004 |
Savings and temporary cash investments | $0 |
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 | $363,892 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $441,376 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Aberdeen Area Medical Foundation Inc has awarded $56,000 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
BROWN COUNTY SHERIFF'S OFFICE PURPOSE: FINSISH THE PURCHASE OF FAT TRUCK | $30,000 |
CASSP PURPOSE: DENTAL VAN | $5,000 |
IPSWICH AMBULANCE PURPOSE: AMBULANCE GRANT | $5,000 |
GROTON FIRE RESCUE PURPOSE: FIRE & RESCUE | $5,000 |
FAULK COUNTY AMBULANCE PURPOSE: GRANT TO COVER AMBULANCE EQUIPMENT | $5,000 |
Aberdeen, SD PURPOSE: DREAM MAKERS CAMP | $3,500 |
Organization Name | Assets | Revenue |
---|---|---|
Charles E Lakin Foundation Inc Council Bluffs, IA | $146,415,136 | $18,758,116 |
David And Janis Larson Foundation Minneapolis, MN | $131,263,001 | -$404,078 |
The Jennings Family Foundation Edina, MN | $20,317,059 | $4,027,228 |
Rob and Terry Ryan Foundation (MONTANA) INC Hamilton, MT | $0 | $1,856,642 |
Kaena Foundation Minneapolis, MN | $0 | $2,288,902 |
K A H R Foundation Minnetrista, MN | $0 | $2,779,843 |
The Mortenson Family Foundation Minneapolis, MN | $135,941,290 | $34,670,895 |
Mutual Of Omaha Foundation Omaha, NE | $120,899,798 | $13,368,524 |
Northeast Entrepreneur Fund Inc Duluth, MN | $61,578,010 | $11,454,205 |
Claire M Hubbard Foundation Omaha, NE | $31,541,308 | $3,169,912 |
D F Dillon Foundation Lincoln, NE | $47,396,549 | $3,325,825 |
John Ruan Foundation Trust Urbandale, IA | $110,876,833 | $7,230,015 |