Friends Of University Of Wisc Hosp And Clinics Room G7 116
- Assets
- $346.1k
- Revenue
- $154.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 06/1976
- Data as of
- 06/2022
- EIN
- 51-0137187
Organization Overview
Friends Of University Of Wisc Hosp And Clinics Room G7 116 is located in Madison, WI. The organization was established in 1976. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, 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. Friends Of University Of Wisc Hosp And Clinics Room G7 116 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, Friends Of University Of Wisc Hosp And Clinics Room G7 116 generated $154.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.6%) each year. All expenses for the organization totaled $142.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (16.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Friends Of University Of Wisc Hosp And Clinics Room G7 116 has awarded 19 individual grants totaling $2,151,736. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FRIENDS OF UNIVERSITY OF WISCONSIN HOSPITAL AND CLINICS, INC. IS A NOT-FOR-PROFIT ORGANIZATION COMMITTED TO RAISING FUNDS FOR PATIENT AND PATIENT FAMILY-RELATED NEEDS AT THE UNIVERSITY OF WISCONSIN HOSPITAL AND CLINICS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PATIENT SUPPORT - TO ADVOCATE ON BEHALF OF PATIENTS AND PATIENT FAMILIES TO ENHANCE PROVIDED MEDICAL CARE, EDUCATE PATIENTS AND THE GENERAL PUBLIC ABOUT GENERAL AND SPECIFIC MEDICAL PRACTICES AND OUTCOMES, PROVIDE COMMUNITY SERVICES AND RESOURCES, AND PROVIDE FINANCIAL SUPPORT TO PATIENTS AND PATIENT FAMILIES TO FACILITATE POSITIVE MEDICAL OUTCOMES WITHIN THE UNIVERSITY OF WISCONSIN HOSPITALS AND CLINICS NETWORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mich Arora President | OfficerTrustee | 4 | $0 |
Amy Matsumura Past President | Trustee | 4 | $0 |
Jenny Carl Co-Secretary | OfficerTrustee | 4 | $0 |
Sarah Salzwedel Co-Secretary | OfficerTrustee | 2 | $0 |
Lena Kelly Co-Treasurer | OfficerTrustee | 4 | $0 |
Teri Keeler Co-Treasurer | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $71,855 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $46,274 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $118,129 |
| Total Program Service Revenue | $47,016 |
| Investment income | $66 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$17,998 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $7,047 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $154,260 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $42,014 |
| Grants and other assistance to domestic individuals. | $55,722 |
| 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 | $6,674 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,908 |
| Advertising and promotion | $157 |
| Office expenses | $505 |
| 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 | $2,857 |
| All other expenses | $335 |
| Total functional expenses | $142,608 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $187,680 |
| Savings and temporary cash investments | $131,428 |
| Pledges and grants receivable | $13,392 |
| 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 | $13,605 |
| 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 | $346,105 |
| 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 | $346,105 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $346,105 |
Grants Awarded
Over the last fiscal year, Friends Of University Of Wisc Hosp And Clinics Room G7 116 has awarded $41,902 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF WISCONSIN FOUNDATION PURPOSE: GENERAL SUPPORT | $33,368 |
UNIVERSITY OF WISCONSIN HOSPITALS AND CLINICS AUTHORITY PURPOSE: GENERAL SUPPORT | $8,534 |