Metro Health Foundation
- Assets
- $7.1m
- Revenue
- $449.9k
- Investments
- $6.9m
- Employees
- 0
- Location
- Allen Park, MI
- Founding
- 06/1983
- Data as of
- 12/2023
- EIN
- 38-2100939
Organization Overview
Metro Health Foundation is located in Allen Park, MI. The organization was established in 1983. 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. Metro Health 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 12/2023, Metro Health Foundation generated $449.9k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $831.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Metro Health Foundation has awarded 125 individual grants totaling $1,664,082. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruth Kaleniecki Executive Director | 40 | $135,000 | |
Richard Teets PHD President | 2 | $0 | |
Cheryl L Chandler Vice-President | 1 | $0 | |
Raymond Cochran CPA Treasurer | 2 | $0 | |
Judith A Bean PHD Trustee | 1 | $0 | |
Valerie Herod Belay Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $142,620 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $306,961 |
| Capital Gain Net Income | $306,961 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $300 |
| Total Revenue | $449,881 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $114,815 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $37,352 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $8,223 |
| Printing and publications | $3,027 |
| Other expenses | $43,391 |
| Total operating and administrative expenses | $252,938 |
| Contributions, gifts, grants paid | $578,577 |
| Total expenses and disbursements | $831,515 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $189,962 |
| 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 | $1,345,182 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,099,172 |
| 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 |
Grants Awarded
Over the last fiscal year, Metro Health Foundation has awarded $578,577 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
WAYNE CHILDREN'S HEALTHCARE ACCESS PROGRAM PURPOSE: PROVIDE EMERGENCY FUNDING AS THE ORGANIZATION STABILIZES POST-COVID AND CAPITALIZES ON NEW FUNDING STREAMS RESULTING FROM HEALTHCARE REFORM | $25,000 |
CENTRO MULTICULTURAL LA FAMILIA PURPOSE: SUPPORT THE PROVISION OF HEALTH EDUCATION PROGRAMS, HEALTH INSURANCE NAVIGATION, COMMUNITY OUTREACH RELATED TO MEDICAID REDETERMINATION PROCESS AND HEALTH CARE NAVIGATION | $25,000 |
DAMES AND KNIGHTS OF THE ORDER OF MALTA PURPOSE: SUPPORT THE PROVISION OF HEALTH CARE, DENTAL SERVICES AND HEALTH INSURANCE NAVIGATION TO THE UNINSURED AND UNDERINSURED | $25,000 |
DETROIT WAYNE COUNTY HEALTH AUTHORITY PURPOSE: SUPPORT THE ALBERT SCHWEITZER FELLOWSHIP PROGRAM | $10,000 |
FERNCARE FREE CLINIC PURPOSE: SUPPORT THE PROVISION OF FREE MEDICAL CARE, HEALTH INSURANCE NAVIGATION AND FREE PRESCRIPTIONS TO THE UNINSURED AND UNDERINSURED | $25,000 |
MACOMB INTERFAITH VOLUNTEER CAREGIVERS PURPOSE: SUPPORT HEALTH INSURANCE ASSISTANCE, NONEMERGENCY MEDICAL TRANSPORTATION AND OUTREACH EFFORTS RELATED TO MEDICAID UNWINDING | $15,000 |