Madison Community Hospital Foundation Inc

Organization Overview

Madison Community Hospital Foundation Inc is located in Madison, SD. The organization was established in 2014. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., 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.

For the year ending 06/2020, Madison Community Hospital Foundation Inc generated $168.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $141.4k during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO RAISE FUNDS TO SUPPORT HEALTHCARE SERVICES IN THE GREATER MADISON COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE MADISON REGIONAL HEALTH FOUNDATION, INC.(THE FOUNDATION) EXISTS TO SUPPORT THE HEALTHCARE AND WELLNESS NEEDS OF THE GREATER MADISON COMMUNITY. THE FOUNDATION WILL SEEK DONATIONS AND RAISE FUNDS TO BE UTILIZED FOR CAPITAL IMPROVEMENTS, ENHANCEMENTS TO PATIENT CARE, TECHNOLOGY UPGRADES AND TO OTHERWISE FULFILL THE MISSION OF HEALTHCARE PHILANTHROPY IN THE MADISON AREA.


THE MADISON REGIONAL HEALTH FOUNDATION, INC.(THE FOUNDATION) EXISTS TO SUPPORT THE HEALTHCARE AND WELLNESS NEEDS OF THE GREATER MADISON COMMUNITY. THE FOUNDATION WILL SEEK DONATIONS AND RAISE FUNDS TO BE UTILIZED FOR CAPITAL IMPROVEMENTS, ENHANCEMENTS TO PATIENT CARE, TECHNOLOGY UPGRADES AND TO OTHERWISE FULFILL THE MISSION OF HEALTHCARE PHILANTHROPY IN THE MADISON AREA.


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Board, Officers & Key Employees

Name (title)Compensation
Randy Carper
Vice President
$0
Brad Wilkens
Secretary/treasurer
$0
James Edwards
President
$0
Beth Knuths
Foundation Director From 07/2019
$0
Nick Prostrollo
Director
$0
Ashley Crabtree
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$51,471
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$143,175
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$194,646
Total Program Service Revenue$0
Investment income $32,415
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$49,659
Net Income from Fundraising Events -$12,669
Net Income from Gaming Activities $3,456
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $168,189

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