Oregon Rural Health Initiative
- Assets
- $7.0m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 04/2017
- Data as of
- 06/2021
- EIN
- 81-4624043
Organization Overview
Oregon Rural Health Initiative is located in Portland, OR. The organization was established in 2017. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, 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. Oregon Rural Health Initiative 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, Oregon Rural Health Initiative generated $4.0m in total revenue. All expenses for the organization totaled $4.1m during the year ending 06/2021. While expenses have increased by 220.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
TO SUPPORT OR BENEFIT THE OHSU FOUNDATION, OHSU, AND SKY LAKES MEDICAL CENTER, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AND TRANSFERS TO SKY LAKES MEDICAL CENTER FOR CAPITAL PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danny O Jacobs President | OfficerTrustee | 1 | $0 |
Paul Stewart Vice President | OfficerTrustee | 1 | $0 |
Matt Mcnair Secretary | OfficerTrustee | 1 | $0 |
Roderick C Wendt Treasurer | OfficerTrustee | 1 | $0 |
John Bell Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $4,017,019 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,913 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,022,932 |
| 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 | $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 | $4,022,932 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,139,245 |
| 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 | $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 | $3,436 |
| All other expenses | $9 |
| Total functional expenses | $4,142,690 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $63 |
| Pledges and grants receivable | $7,029,512 |
| 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 | $7,029,575 |
| Accounts payable and accrued expenses | $7,000,000 |
| 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 | $7,000,000 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $29,575 |
| 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 | $7,029,575 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Oregon Rural Health Initiative has recieved totaling $500,000.
| Awarding Organization | Amount |
|---|---|
Ford Family Foundation Roseburg, OR PURPOSE: OREGON RURAL HEALTH INITIATIVE COLLABORATIVE FACILITY | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Health Trust San Jose, CA | $121,710,824 | $27,941,301 |
Seattle Childrens Healthcare System Seattle, WA | $1,236,637,312 | $122,583,383 |
Valley Childrens Healthcare Foundation Madera, CA | $40,273,327 | $13,248,839 |
St Lukes Health Foundation Ltd Boise, ID | $50,176,105 | $12,367,207 |
Multicare Health Foundation Tacoma, WA | $69,482,903 | $11,201,582 |
Overlake Hospital Association Bellevue, WA | $31,794,126 | $12,421,472 |
Childrens Healthcare Of California Orange, CA | $509,065,328 | $34,175,929 |
Community Clinics Health Network San Diego, CA | $1,366,120 | $5,859,898 |
Legacy Health Endowment Turlock, CA | $0 | $3,113,073 |
Oregon Rural Health Initiative Portland, OR | $7,029,575 | $4,022,932 |
Beyond Type1 San Mateo, CA | $30,549,065 | $31,598,966 |
Dignity Health Foundation San Francisco, CA | $14,808,045 | $3,116,398 |