St Benedict Health Center Foundation
- Assets
- $1.9m
- Revenue
- $178.5k
- Investments
- $1.9m
- Employees
- 0
- Location
- Parkston, SD
- Founding
- 04/2001
- Data as of
- 06/2021
- EIN
- 46-0458725
Organization Overview
St Benedict Health Center Foundation is located in Parkston, SD. The organization was established in 2001. According to its NTEE Classification (H11) the organization is classified as: Single Organization Support, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Benedict Health Center 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 06/2021, St Benedict Health Center Foundation generated $178.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $37.9k during the year ending 06/2021. 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
SUPPORT HEALTH RELATED SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE FOUNDATION IS TO OPERATE AND ACT EXCLUSIVELY AS A PUBLIC FOUNDATION FOR THE BENEFIT OF ST. BENEDICT HEALTH CENTER. THE FOUNDATION IS PLEDGED TO SUPPORT HEALTH RELATED SERVICES, INCLUDING EDUCATION OF HEALTH CARE PROFESSIONALS, IN A TIMELY AND FISCALLY RESPONSIBLE MANNER, THEREBY STRENGTHENING THE HOLISTIC ROLE OF ITS AFFILIATED ORGANIZATIONS AND PROGRAMS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Braley Chair | OfficerTrustee | 3 | $0 |
Glenn Harnisch Vice Chair | OfficerTrustee | 0.3 | $0 |
Diane Sandhoff Secretary | OfficerTrustee | 0.3 | $0 |
Rita Blasius-President CEO St Benedict Health Center | Officer | 0.5 | $0 |
Jerauld Heinert Director | Trustee | 0.3 | $0 |
Mike Bowar Director | Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $107,616 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $107,616 |
| 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 | $70,879 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $178,495 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $30,869 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Fees for services: Other | $7,051 |
| 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 | $0 |
| Total functional expenses | $37,920 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,857,239 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,857,239 |
| 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 | $675,568 |
| Net assets with donor restrictions | $1,181,671 |
| 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 | $1,857,239 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that St Benedict Health Center Foundation has recieved totaling $39,500.
| Awarding Organization | Amount |
|---|---|
South Dakota Community Foundation Pierre, SD PURPOSE: Healthcare | $39,500 |
Endowment Analysis
| Beg. Balance | $1,458,033 |
| Earnings | $70,879 |
| Admin Expense | $7,051 |
| Net Contributions | $107,615 |
| Other Expense | $30,869 |
| Ending Balance | $1,598,607 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Area Ambulance Authority Cedar Rapids, IA | $10,871,659 | $8,115,144 |
Miles And Shirley Fiterman Endowment Fund Rochester, MN | $0 | $86,393 |
Star Legacy Foundation Eden Prairie, MN | $1,266,259 | $739,217 |
St Benedict Health Center Foundation Parkston, SD | $1,857,239 | $178,495 |
Stay Out Of The Sun Foundation Rochester, MN | $2,094 | $0 |
380 Foundation Cedar Rapids, IA | $918 | $0 |