Mission Hospital Foundation
- Assets
- $512.0k
- Revenue
- $35.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Mission, TX
- Founding
- 11/2002
- Data as of
- 12/2021
- EIN
- 54-2076455
Organization Overview
Mission Hospital Foundation, operating under the name The Foundation At Mission Regional M, is located in Mission, TX. The organization was established in 2002. 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. Foundation At Mission Regional M 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, Foundation At Mission Regional M generated $35.4k 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 (20.7%) each year. All expenses for the organization totaled $5.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (48.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENGAGE IN A WIDE VARIETY OF FUNDRAISING ACTIVITIES, THROUGH WHICH THE ORGANIZATION WILL SOLICIT AND RECEIVE FINANCIAL CONTRIBUTIONS ON BEHALF OF MISSION REGIONAL MEDICAL CENTER.
Describe the Organization's Program Activity:
TO RAISE FUNDS ON BEHALF OF, AND CONTRIBUTE FINANCIAL SUPPORT TO, MISSION REGIONAL MEDICAL CENTER, A TEXAS NON-PROFIT CORPORATION CREATED TO SERVE THE PUBLIC LOCATED IN HIDALGO COUNTY AND SURROUNDING COUNTIES. BY MEANS OF ITS SUPPORT OF MISSION REGIONAL MEDICAL CENTER, THE ORGANIZATION ASSISTS MRMC IN ITS PROMOTION OF THE HEALTH OF THE RESIDENTS OF HIDALGO COUNTY, TEXAS AND SURROUNDING COUNTIES, IN AN APPROPRIATE MANNER AND IN COMPLIANCE WITH APPLICABLE FEDERAL AND STATE LAWS. THE MAJOR ACTIVITY OF THE ORGANIZATION WILL BE TO ENGAGE IN A WIDE VARIETY OF FUNDRAISING ACTIVITIES, THROUGH WHICH THE ORGANIZATION WILL SOLICIT AND RECEIVE FINANCIAL CONTRIBUTIONS ON BEHALF OF MISSION REGIONAL MEDICAL CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kane A Dawson CEO (regional)/ Board Secretary | OfficerTrustee | 1 | $0 |
Bhadriraju Padmini Board Director/cmo | OfficerTrustee | 1 | $0 |
Lester Surrock CFO (regional) | Officer | 1 | $0 |
Kennetha Foster Cno (through 3/31/21) | Officer | 1 | $0 |
Steve Aleman CFO | Officer | 1 | $0 |
Cesar Guerra Cno | Officer | 1 | $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 | $7,056 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,056 |
| Total Program Service Revenue | $0 |
| Investment income | $28,392 |
| 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 | $35,448 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $5,100 |
| Advertising and promotion | $0 |
| Office expenses | $73 |
| 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 | $5,173 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $306,688 |
| Savings and temporary cash investments | $205,327 |
| 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 | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $512,015 |
| 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 | $16,200 |
| Total liabilities | $16,200 |
| Net assets without donor restrictions | $495,815 |
| 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 | $512,015 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Mission Hospital Foundation has recieved totaling $150,000.
| Awarding Organization | Amount |
|---|---|
Swenson Family Foundation Dana Point, CA PURPOSE: TO PURCHASE EQUIPMENT | $50,000 |
Swenson Family Foundation Dana Point, CA PURPOSE: TO PURCHASE EQUIPMENT | $50,000 |
Swenson Family Foundation Dana Point, CA PURPOSE: TO PURCHASE EQUIPMENT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of New Orleans Research & Technology Foundation Inc New Orleans, LA | $91,467,735 | $9,932,427 |
Integris Health Foundation Inc Oklahoma City, OK | $92,062,321 | $6,628,637 |
Dr Ralph And Marian Falk Medical Research Trust Dallas, TX | $157,031,108 | $27,774,925 |
Baxter Regional Health System Mountain Home, AR | $14,213,450 | $5,449,771 |
West Texas Rehabilitation Center Foundation Abilene, TX | $206,763,020 | $14,541,495 |
Adventhealth Family Medicine Rural Health Clinics Inc Lampasas, TX | $9,726,205 | $5,929,517 |
Presbyterian Healthcare Foundation Albuquerque, NM | $137,827,322 | $16,177,459 |
Mercy Health Foundation Northwest Arkansas Rogers, AR | $34,793,872 | $7,195,266 |
Morningcrest Healthcare Foundation Tulsa, OK | $118,675,297 | $6,098,812 |
Baton Rouge Clinic A Medical Corp Medical Plan Tr Baton Rouge, LA | $530,000 | $6,094,858 |
Baylor College Of Medicine International Pediatric Aids Initi Houston, TX | $1,386,187 | $6,117,743 |
Ardmore Insitiute Of Health Ardmore, OK | $93,865,860 | $16,959,827 |