Cavalier County Memorial Hospital Foundation
- Assets
- $2.4m
- Revenue
- $189.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Langdon, ND
- Founding
- 11/1993
- Data as of
- 06/2022
- EIN
- 36-3617578
Organization Overview
Cavalier County Memorial Hospital Foundation is located in Langdon, ND. The organization was established in 1993. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cavalier County Memorial Hospital 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 06/2022, Cavalier County Memorial Hospital Foundation generated $189.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $100.8k during the year ending 06/2022. While expenses have increased by 2.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT LOCAL HOSPITAL BY PURCHASING EQUIPMENT AND IMPROVEMENTS. SUPPORT TWO EDUCATIONAL SCHOLARSHIPS FOR AREA YOUTH BASED ON THEIR LEVEL OF ACEDEMIC ACHIEVEMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT LOCAL NON PROFIT HOSPITAL BY PURCHASING EQUIPMENT AND IMPROVEMENTS.
SUPPORT TWO EDUCATIONAL SCHOLARSHIPS FOR AREA YOUTH BASED ON THEIR LEVEL OF ACEDEMIC ACHIEVEMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zack Schaefer Secretary Treasurer | Officer | 0.5 | $0 |
Mark Busse President | Officer | 0.5 | $0 |
Elsie Magnus Vice President | Officer | 0.5 | $0 |
Sherry Buckweitz Board Member | Trustee | 0.5 | $0 |
Courtney Short Board Member | Trustee | 0.5 | $0 |
Megan Mccabe Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $33,422 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,565 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,987 |
| Total Program Service Revenue | $0 |
| Investment income | $136,088 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $33,106 |
| Net Income from Fundraising Events | -$17,172 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $189,009 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $17,451 |
| Grants and other assistance to domestic individuals. | $4,004 |
| 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 | $40,000 |
| Pension plan accruals and contributions | $1,200 |
| Other employee benefits | $0 |
| Payroll taxes | $3,055 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,251 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,352 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,697 |
| Office expenses | $914 |
| Information technology | $0 |
| 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 | $3,893 |
| Total functional expenses | $100,817 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1,156 |
| Savings and temporary cash investments | $422,402 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $600 |
| 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 | $0 |
| Investments—publicly traded securities | $2,022,527 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,500 |
| Total assets | $2,446,873 |
| Accounts payable and accrued expenses | $2,155 |
| 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 | $2,155 |
| Net assets without donor restrictions | $1,669,432 |
| Net assets with donor restrictions | $775,286 |
| 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 | $2,446,873 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cavalier County Memorial Hospital Foundation has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Association Of Lions Clubs Fridley, MN | $197,690 | $14,146,394 |
Center City Housing Corporation Duluth, MN | $35,739,418 | $8,813,039 |
Access North Center For Independent Living Of Northeastern Minnesota Hibbing, MN | $4,421,937 | $7,763,537 |
Rural Office Of Community Services Wagner, SD | $1,371,627 | $8,326,343 |
Community Action Partnership Of Hennepin County St Louis Park, MN | $782,204 | $7,196,325 |
Headwaters Foundation For Justice Minneapolis, MN | $27,986,426 | $15,004,954 |
Species360 Minneapolis, MN | $9,065,398 | $6,225,506 |
Ne South Dakota Community Action Program Inc Sisseton, SD | $10,163,579 | $4,453,271 |
Helena Indian Alliance Inc Helena, MT | $5,264,624 | $3,226,728 |
Animal Humane Society Veterinary Centers Pc Golden Valley, MN | $5,738 | $1,391,149 |
Community Action Duluth Duluth, MN | $611,812 | $2,333,739 |
Montana School Services Foundation Helena, MT | $1,027,418 | $2,141,929 |