Mankato Clinic Foundation Inc
- Assets
- $1.5m
- Revenue
- $341.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Mankato, MN
- Founding
- 01/1966
- Data as of
- 12/2021
- EIN
- 41-6045200
Organization Overview
Mankato Clinic Foundation Inc is located in Mankato, MN. The organization was established in 1966. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, 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. Mankato Clinic 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, Mankato Clinic Foundation Inc generated $341.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $267.6k during the year ending 12/2021. While expenses have increased by 3.6% 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 2015, Mankato Clinic Foundation Inc has awarded 38 individual grants totaling $566,749. 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 PROVIDE, PROMOTE AND DEVELOP HEALTH EDUCATION AND HEALTHY LIFESTYLE AWARENESS IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDED SCHOLARSHIPS TO AREA MANKATO CLINIC EMPLOYEES WHO ARE STUDENTS STARTING OR ADVANCING HEALTH CARE EDUCATION PROGRAMS AT THE COLLEGE LEVEL. FIVE DIRECT SCHOLARSHIPS WERE AWARDED.
THE FOUNDATION ASSISTS WITH HEALTH EDUCATION PROJECTS INCLUDING EDUCARE, CAR SEAT SAFETY, AND IMPACT PROGRAM.EDUCARE IS A NON-PROFIT, PUBLIC ENTITY WHICH PROVIDES FINANCIAL SUPPORT TO MANKATO AREA PUBLIC SCHOOLS, BEYOND THE NORMAL OPERATING BUDGETS, FOR PROGRAMS AND ACTIVITIES THAT ENHANCE EDUCATIONAL OPPORTUNITIES FOR ALL STUDENTS. THROUGH THIS FUNDING WE ENABLE TEACHERS TO EXPLORE NEW WAYS TO EXPAND A WORLD OF LEARNING FOR THEIR STUDENTS.THE CAR SEAT SAFETY PROGRAM PROVIDES ON-GOING, FREE OF CHARGE CAR SEAT SAFETY LESSONS OPEN TO THE PUBLIC. THIS CLASS HELPS PARENTS AVOID MISTAKES THAT CAN PUT THEIR CHILDREN AT RISK. THE CLASSES ARE TAUGHT BY CERTIFIED NATIONAL HIGHWAY TRANSPORTATION SAFETY ADMINISTRATION TECHNICIANS. THIS PROGRAM SERVES 100 - 200 FAMILIES EACH YEAR. THE IMPACT PROGRAM PROVIDES SPECIAL SOFTWARE WHICH CAN EVALUATE POSSIBLE SPORTS RELATED HEAD INJURIES IN HIGH SCHOOL ATHLETES. THIS PROGRAM IS UTILIZED AT NINE SCHOOLS AND ONE YOUTH HOCKEY LEAGUE. THIS PROGRAM SERVES APPROXIMATELY 1,700 STUDENT ATHLETES PER YEAR.
THE FOUNDATION PROVIDED GRANTS TO ORGANIZATIONS THAT FOCUS ON PROMOTING HEALTHY LIFESTYLES AND WELLNESS IN THE COMMUNITY. IN ADDITION, MONEY IS PROVIDED TO SOUTH CENTRAL COLLEGE TO AWARD AS SCHOLARSHIPS TO NURSING STUDENTS IN THEIR RESPECTIVE PROGRAMS.
THE MENTAL HEALTH FIRST AID IS A PROGRAM IN WHICH A CARE MANAGERS WHO IS CERTIFIED IN MENTAL HEALTH FIRST AID TEACHES A CLASS TO LOCAL BUSINESSES AND ORGANIZATIONS ABOUT HOW TO HANDLE SITUATIONS IN WHICH SOMEONE IS DEALING WITH MENTAL HEALTH ISSUES IN THE WORK PLACE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katie Anderson MD Chairperson | OfficerTrustee | 0.5 | $0 |
Coty Bruender Treasurer | Officer | 1 | $0 |
Marcia Bahr President | Officer | 10 | $0 |
Steve Hatkin Board Member | Trustee | 0.2 | $0 |
Tami Meehan Board Member | Trustee | 0.2 | $0 |
Katie Smentak MD Board Member | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $44,194 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $303,735 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $347,929 |
| Total Program Service Revenue | $0 |
| Investment income | $4,905 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$10,950 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $341,884 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $217,471 |
| Grants and other assistance to domestic individuals. | $16,000 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,656 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $3,243 |
| Total functional expenses | $267,592 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $334,608 |
| Pledges and grants receivable | $0 |
| 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 | $8,000 |
| Net Land, buildings, and equipment | $13,271 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,107,844 |
| Total assets | $1,463,723 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $1,463,723 |
| Total liabilities and net assets/fund balances | $1,463,723 |
Grants Awarded
Over the last fiscal year, Mankato Clinic Foundation Inc has awarded $137,831 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Mankato, MN PURPOSE: clinical social worker | $35,000 |
Minneapolis, MN PURPOSE: To help assist WellShare International deploy Community Health Workers in communities to work with patients who struggle with access to resources due to social, racial, cultural, economic or other factors. | $32,831 |
Mankato, MN PURPOSE: Educare is a non-profit, public entity which provides financial support to Mankato Area Public Schools, beyond the normal operating budgets, for programs and activities that enhance educational opportunities for all students. Through this funding, we enable teachers to explore new ways to expand a world of learning for their students. | $25,000 |
North Mankato, MN PURPOSE: internal scholarships for students. | $20,000 |
Mankato, MN PURPOSE: A Safe Place for kids to learn and grow | $10,000 |
Mankato, MN PURPOSE: separate fund for Committed to Community Cancer Awareness and Support | $9,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mankato Clinic Foundation Inc has recieved totaling $209.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $209 |
Endowment Analysis
| Beg. Balance | $437,160 |
| Earnings | $150 |
| Net Contributions | $30,282 |
| Other Expense | $5,000 |
| Ending Balance | $462,592 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Primary Health Care Inc Des Moines, IA | $28,991,051 | $57,901,861 |
Sixteenth Street Community Health Centers Inc Milwaukee, WI | $37,567,080 | $53,800,182 |
Access Community Health Centers Inc Madison, WI | $31,885,539 | $48,730,250 |
The Lakes Community Health Center Inc Iron River, WI | $36,144,121 | $44,234,477 |
Grant Regional Health Center Inc Lancaster, WI | $74,588,669 | $46,740,494 |
Siouxland Community Health Center Sioux City, IA | $43,865,314 | $45,291,903 |
Community Health Care Inc Davenport, IA | $35,608,530 | $43,984,779 |
Horizon Health Care Inc Howard, SD | $27,415,990 | $38,593,167 |
Milwaukee Health Services Inc Milwaukee, WI | $12,836,316 | $28,015,287 |
Brainerd Medical Center Inc Brainerd, MN | $11,101,269 | $21,017,319 |
Community Health Centers Of Southeastern Iowa Inc West Burlington, IA | $25,641,167 | $29,368,531 |
Madison Surgery Center Inc Middleton, WI | $20,791,361 | $29,403,841 |