Orthopedic Institute Foundation is located in Sioux Falls, SD. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Orthopedic Institute Foundation 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 12/2023, Orthopedic Institute Foundation generated $831.6k in total revenue. All expenses for the organization totaled $950.4k during the year ending 12/2023.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SUPPORT FOR UNDERSERVED SCHOOL AGED CHILDREN RANGING IN AGES OF 8-15 TO PARTICIPATE IN SPORTS AND FITNESS TRAINING ACTIVITIES
PROVIDE RESEARCH AND EDUCATION TO THE COMMUNITY IMPACTING THE PEOPLE OF SIOUX FALLS AND OTHER ORGAZATIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Baumgarten President | 1 | $0 | |
Brad Pfeifle Vice President | 1 | $0 | |
Andy Langenfeld Secretary & Treasurer | 1 | $0 | |
Lynda Barrie Chairperson | 1 | $0 | |
David Jones Chairperson | 1 | $0 | |
Susan Quello Chairperson | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $406,151 |
| Interest on Savings | $46 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $425,411 |
| Total Revenue | $831,608 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $198,790 |
| Pension plans, employee benefits | $26,958 |
| Interest | $206 |
| Taxes | $0 |
| Depreciation | $12,270 |
| Occupancy | $433,433 |
| Travel, conferences, and meetings | $8,124 |
| Printing and publications | $8,318 |
| Other expenses | $228,086 |
| Total operating and administrative expenses | $937,015 |
| Contributions, gifts, grants paid | $13,369 |
| Total expenses and disbursements | $950,384 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,728 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $46,821 |
| Other assets | $0 |
| Total assets | $153,549 |
| Accounts payable and accrued expenses | $11,353 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $377 |
| Total liabilities | $11,730 |