Tra Medical Imaging Foundation
- Assets
- $140.8k
- Revenue
- $481.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Tacoma, WA
- Founding
- 12/2019
- Data as of
- 12/2021
- EIN
- 45-4589339
Organization Overview
Tra Medical Imaging Foundation is located in Tacoma, WA. The organization was established in 2019. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, 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. Tra Medical Imaging 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 12/2021, Tra Medical Imaging Foundation generated $481.0k in total revenue. All expenses for the organization totaled $342.9k during the year ending 12/2021. While expenses have increased by 54.2% per year over the past 2 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT TO THE RESEARCH INTO AND PROVISION OF MEDICAL IMAGING SERVICES, TO PROVIDE SUPPORT FOR SOCIAL SERVICES, EDUCATION, AND THE ENVIRONMENT AND TO PROMOTE HEALTH AND THE ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING PHILANTHROPIC SUPPORT, TRA MEDICAL IMAGING FOUNDATION DONATED TO EIGHT COMMUNITY ORGANIZATIONS PROVIDING MEDICAL SERVICES AS WELL AS PATIENT EDUCATION AND HEALING. 2021 DONATIONS SUPPORTED MEDICAL SERVICES CAMPAIGNS GEARED TOWARD CHILDREN, PALLIATIVE CARE, AND PATIENT FINANCIAL SUPPORT. ADDITIONALLY, THE FOUNDATION DONATED PERSONAL PROTECTIVE EQUIPMENT TO HEALTHCARE PROVIDERS COMBATTING COVID-19. PATIENT EDUCATION SUPPORT AND HEALING INCLUDED CONTRIBUTIONS TOWARD ADVANCED CARE PLANNING AND CANCER RECOVERY.
EDUCATION FUND - PROVIDED SCHOLARSHIPS TO 2 STUDENTS PURSUING RADIOLOGIC TECHNOLOGIST AND DIAGNOSTIC MEDICAL SONOGRAPHER CAREERS. TRA MEDICAL IMAGING FOUNDATION'S EDUCATION FUND PROVIDES FINANCIAL SUPPORT TO INDIVIDUALS INTERESTED IN DEVELOPING THEIR CAREER IN THE FIELD OF RADIOLOGIC TECHNOLOGY OR MEDICAL DIAGNOSTIC SONOGRAPHY. ADDITIONALLY, THE FOUNDATION COLLABORATES WITH LOCAL COLLEGES OFFERING RADIOLOGIC TECHNOLOGIST AND DIAGNOSTIC MEDICAL SONOGRAPHER PROGRAMS FOR WAYS TO FURTHER AID THE PROGRAMS AND THEIR STUDENTS.
ASSIST LOCAL COMMUNITY COLLEGE IN CREATING A NEW PILOT PROGRAM TO EXPAND THE CAPACITY OF TCC'S RADIOLOGY PROGRAM. THE GOAL IS TO EXPAND THE MAXIMUM STUDENT CAPACITY TO 40 FROM 24 BY ADDING AN EVENING COHORT, AND WORKS TO INCREASE OPTIONS FOR STUDENTS WHO JUGGLE WORK, SCHOOL AND PERSONAL COMMITMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Coates Secretary/treasurer | OfficerTrustee | 1 | $0 |
Douglas Seiler MD President | OfficerTrustee | 1 | $0 |
Frank Wessbecher MD Vice President | OfficerTrustee | 1 | $0 |
Abbe Salk Board Director | Trustee | 1 | $0 |
Jeffrey Wesolowski MD Board Director | Trustee | 1 | $0 |
William Jackson MD Board Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $130,721 |
| All other contributions, gifts, grants, and similar amounts not included above | $350,304 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $481,025 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $481,025 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $323,874 |
| Grants and other assistance to domestic individuals. | $7,000 |
| 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 | $3,350 |
| Fees for services: Accounting | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $450 |
| Office expenses | $6,247 |
| 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 | $982 |
| All other expenses | $0 |
| Total functional expenses | $342,903 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $139,786 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,000 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $140,786 |
| 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 | -$32,227 |
| Net assets with donor restrictions | $173,013 |
| 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 | $140,786 |
Grants Awarded
Over the last fiscal year, Tra Medical Imaging Foundation has awarded $175,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Tacoma, WA PURPOSE: GENERAL PURPOSE PLEDGE - CHILDRENS THERAPY UNIT ENDOWMENT, FESTIVAL OF TREES, ROCK THE FOUNDATION | $65,000 |
Tacoma, WA PURPOSE: GENERAL PURPOSE PLEDGE | $50,000 |
Tacoma, WA PURPOSE: GENERAL PURPOSE PLEDGE - RADIOLOGICAL TECHNOLOGIST EXPANSION PROGRAM | $50,000 |
Seattle, WA PURPOSE: GENERAL PURPOSE PLEDGE - HONORING CHOICES PACIFIC NW | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Tra Medical Imaging Foundation has recieved totaling $20,072.
| Awarding Organization | Amount |
|---|---|
T Rowe Price Program For Charitable Giving Inc Baltimore, MD PURPOSE: GENERAL OPERATING | $10,000 |
Defalco Family Foundation San Diego, CA PURPOSE: GENERAL FUND | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $72 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Swedish Medical Center Foundation Seattle, WA | $149,925,707 | $36,132,164 |
Seattle Childrens Healthcare System Seattle, WA | $1,236,637,312 | $122,583,383 |
St Lukes Health Foundation Ltd Boise, ID | $50,176,105 | $12,367,207 |
Multicare Health Foundation Tacoma, WA | $69,482,903 | $11,201,582 |
Overlake Hospital Association Bellevue, WA | $31,794,126 | $12,421,472 |
Oregon Rural Health Initiative Portland, OR | $7,029,575 | $4,022,932 |
Bio Ventures For Global Health Seattle, WA | $5,318,274 | $3,211,056 |
North Lincoln Hospital Foundation Lincoln City, OR | $1,712,168 | $1,225,177 |
Salmon Creek Hospital Foundation Portland, OR | $4,339,648 | $1,370,769 |
Salem Health Foundation Salem, OR | $11,591,979 | $867,892 |
John L Locke Jr Charitable Trust Issaquah, WA | $23,717,150 | $1,880,836 |
Providence Hospice & Home Care Foundation Snohomish County Everett, WA | $3,527,301 | $1,415,799 |