Mcdonough District Hospital Foundation Inc
- Assets
- $4.8m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Macomb, IL
- Founding
- 09/2014
- Data as of
- 06/2022
- EIN
- 46-5143822
Organization Overview
Mcdonough District Hospital Foundation Inc is located in Macomb, IL. The organization was established in 2014. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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. Mcdonough District Hospital 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 06/2022, Mcdonough District Hospital Foundation Inc generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.3% each year .
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MCDONOUGH DISTRICT HOSPITAL FOUNDATION IS A NON-PROFIT 501(C)(3) ORGANIZATION DEDICATED TO RAISING FUNDS TO SUPPORT PATIENT CARE AND COMFORT AT MCDONOUGH DISTRICT HOSPITAL. THE MISSION OF THE MCDONOUGH DISTRICT HOSPITAL FOUNDATION IS TO CULTIVATE PHILANTHROPIC RELATIONSHIPS THAT ENHANCE THE HOSPITAL'S ABILITY TO FULFILL ITS VISION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RAISE AND HOLD FUNDS TO SUPPORT MCDONOUGH DISTRICT HOSPITAL AND ITS PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian E Dietz Board Treasurer/mdh Ceo/pr | OfficerTrustee | 0.5 | $0 |
Christine Standard Board Chairman/president | OfficerTrustee | 0.5 | $0 |
Matthew Glaser Secretary | OfficerTrustee | 0.5 | $0 |
Bill Murdock Vice President Of Finance | Officer | 0.5 | $0 |
Rebecca Paulson Vice President | Officer | 40 | $0 |
Julie Bartlow Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $3,964 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,008,642 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,012,606 |
| Total Program Service Revenue | $0 |
| Investment income | $45,712 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $41,451 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,099,769 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $46,837 |
| Grants and other assistance to domestic individuals. | $16,200 |
| 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 | $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 | $0 |
| Total functional expenses | $88,557 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,223,249 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,795,511 |
| 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 | $779,244 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,798,004 |
| 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 | $3,392,279 |
| Net assets with donor restrictions | $1,405,725 |
| 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 | $4,798,004 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mcdonough District Hospital Foundation Inc has recieved totaling $257,042.
| Awarding Organization | Amount |
|---|---|
Illinois Critical Access Hospital Network Princeton, IL PURPOSE: ARP SHIP COVID | $256,978 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $64 |
Endowment Analysis
| Beg. Balance | $497,160 |
| Earnings | -$44,916 |
| Net Contributions | $1,080 |
| Ending Balance | $453,324 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ozarks Coca-Cola Dr Pepper Bottling Company Group Health Care Trust Springfield, MO | $7,831,308 | $12,060,028 |
Ascension St John Foundation St Louis, MO | $103,759,239 | $15,321,918 |
Local Unions No 19 & 127 Health And Welfare Fund Milwaukee, WI | $5,120,951 | $9,222,695 |
Truman Medical Center Charitable Foundation Kansas City, MO | $28,332,798 | $9,393,864 |
St John Health System Foundation Inc St Louis, MO | $83,967,930 | $10,002,573 |
Board Of Trustees Grand Charity Fund Grand Lodge Of Iowa A F & A M Bettendorf, IA | $8,195,762 | $6,393,688 |
Mercy Health Foundation Springfield Springfield, MO | $38,275,531 | $1,985,040 |
Northern Illinois & Iowa Laborers Health & Welfare Trust Rock Island, IL | $41,445,522 | $10,740,192 |
Wilson Trailer Company Employee Health Care Fund Sioux City, IA | $3,702,080 | $7,031,035 |
Lions Insurance Company Indianapolis, IN | $32,736,482 | $6,324,847 |
Central Iowa Sheet Metal Health Fund Trust Des Moines, IA | $12,409,526 | $7,137,658 |
Carle Cancer Institute Normal Llc Urbana, IL | $1,112,312 | $5,871,210 |