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Nonprofiteer
← SKY LAKES MEDICAL CENTER FOUNDATION INC

Form 990 for tax year 2022

Filed by SKY LAKES MEDICAL CENTER FOUNDATION INC.

Totals

Total revenue
$2,236,270
Total expenses
$2,177,044
Contributions and grants received
$1,212,440
Grants paid
$1,691,438
Program service revenue
$0
Investment income
$1,034,170
Other revenue
-$10,340
Total assets, end of year
$24,209,640
Total liabilities, end of year
$254,962
Net assets or fund balances, end of year
$23,954,678
Program services expenses (Part IX)
$1,969,748
Management and general expenses
$167,928
Fundraising expenses
$39,368
Program service expenses (Part III)
$1,969,748

Program services were 90.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $35,203

  • 1e · Government grants (contributions)

    $652,312

  • 1f · All other contributions, gifts and grants

    $524,925

  • 3 · Investment income

    total $384,895 · excluded $384,895

  • 7a · Gross sales of assets other than inventory

    securities $8,778,582

  • 7b · Less cost or other basis and sales expenses

    securities $8,129,307

  • 7c · Gain or loss

    securities $649,275

  • 7d · Net gain or loss

    total $649,275 · excluded $649,275

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $35,203

  • 8b · Fundraising events: direct expenses

    $10,340

  • 8c · Net income from fundraising events

    total -$10,340 · excluded -$10,340

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,574,037 · program services $1,574,037

  • 2 · Grants to domestic individuals

    total $117,401 · program services $117,401

  • 5 · Compensation of officers, directors and key employees

    total $134,225 · program services $134,225

  • 7 · Other salaries and wages

    total $196 · program services $196

  • 8 · Pension plan contributions

    total $8,087 · program services $8,087

  • 9 · Other employee benefits

    total $1,810 · program services $1,810

  • 10 · Payroll taxes

    total $10,362 · program services $10,362

  • 11b · Fees: legal

    total $2,600 · program services $520 · management and general $1,040 · fundraising $1,040

  • 11c · Fees: accounting

    total $9,700 · program services $1,940 · management and general $3,880 · fundraising $3,880

  • 11f · Fees: investment management

    total $128,560 · management and general $128,560

  • 12 · Advertising and promotion

    total $47,035 · program services $9,407 · management and general $18,814 · fundraising $18,814

  • 13 · Office expenses

    total $1,859 · program services $371 · management and general $744 · fundraising $744

  • 14 · Information technology

    total $10,385 · program services $2,077 · management and general $4,154 · fundraising $4,154

  • 19 · Conferences, conventions and meetings

    total $26,840 · program services $5,368 · management and general $10,736 · fundraising $10,736

  • 24a · Other expenses: EULANA PARK PROJECT

    total $77,309 · program services $77,309

  • 24b · Other expenses: MOORE PARK PROJECT

    total $59,821 · program services $59,821

  • 24c · Other expenses: COMMUNITY ART PROJECTS

    total $41,805 · program services $41,805

  • 24e · All other expenses

    total -$74,988 · program services -$74,988

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $224,582 · end of year $843,326

  • 2 · Savings and temporary cash investments

    beginning of year $116,215 · end of year $141,114

  • 3 · Pledges and grants receivable

    beginning of year $750,000 · end of year $750,000

  • 11 · Investments: publicly traded securities

    beginning of year $20,372,611 · end of year $22,475,200

  • 17 · Accounts payable and accrued expenses

    beginning of year $120,559 · end of year $128,896

  • 25 · Other liabilities

    beginning of year $362,840 · end of year $126,066

  • 27 · Net assets without donor restrictions

    beginning of year $13,070,640 · end of year $14,403,663

  • 28 · Net assets with donor restrictions

    beginning of year $7,909,369 · end of year $9,551,015

Mission and programs · 2022

Mission

TO ADVANCE THE VISION AND MISSION OF SKY LAKES MEDICAL CENTER THROUGH PHILANTHROPY; THE FOUNDATION'S WORK IS FUNDRAISING AND STEWARDSHIP.

  • SKY LAKES MEDICAL CENTER - FUNDS UTILIZED TO PURCHASE SPECIFIC EQUIPMENT FOR CONSTRUCTION AND OTHER PROJECTS AND PROGRAMS OF THE MEDICAL CENTER.

    Expenses $1,438,112 · Grants $1,438,112

  • OTHER PROGRAMS INCLUDING: (1) PATIENT ASSISTANCE PROGRAMS FOR ITEMS OF COMFORT DURING TREATMENT AND FINANCIAL ASSISTANCE WHEN NEEDED UNDER THE DIRECTION OF THE DIRECTOR OF THE CANCER TREATMENT CENTER AND A CANCER COMMITTEE. PATIENT ASSISTANCE IS ALSO USED BY THE RESOURCE MANAGEMENT DEPARTMENT FOR ITEMS THAT CANNOT BE PURCHASED BY PATIENTS OR THEIR FAMILIES BUT ARE A NECESSITY FOR TREATMENT OR TRAVEL. (2) SCHOLARSHIPS PROVIDED FOR HEALTHCARE PROFESSIONALS AND PLAY AN IMPORTANT ROLE IN SUPPORTING THE HOSPITAL IN ATTRACTING AND RETAINING EXCEPTIONAL CLINICAL STAFF. (3) CHILD ABUSE RESPONSE AND EVALUATION SERVICES (CARES).

    Expenses $531,636 · Grants $253,326

As filed on the 2022 return.

Listed in Part VII

  • Cauble David - Board Mbr

    SECRETARY TILL 10/30/22, SLMC CEO

    Total calculated
    $686,098
    From this org
    $0
    From related orgs
    $649,728
    Other
    $36,370
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $648,728 related
    Bonus
    $0 + $648,728 related
    Other
    $0 + $1,000 related
    Deferred
    $0 + $18,300 related
    Nontaxable benefits
    $0 + $18,070 related
    Filer's total
    $0 + $1,334,826 related

  • Ledgerwood Marty

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Schiess Tom

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Bell John

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Boivin Amy

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Holliday Ray

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Kandra Chris

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • McInnis Doug DVM

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Moisa Radu

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Neel Biggs Heidi

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Scanlan Jennifer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Warren Wendy MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Wendt Rod

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Montjoy Holly

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Smith Andrew

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • McCreadie G Scott MD

    BOARD MEMBER

    Total calculated
    $525,021
    From this org
    $0
    From related orgs
    $484,814
    Other
    $40,207
    Hours/week
    1 + 1 related

    Schedule J breakdown matched by us

    Base
    $0 + $461,622 related
    Bonus
    $0 + $23,192 related
    Other
    $0
    Deferred
    $0 + $18,526 related
    Nontaxable benefits
    $0 + $21,681 related
    Filer's total
    $0 + $525,021 related

  • Stork David

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Jespersen Lauren

    DIRECTOR

    Total calculated
    $121,204
    From this org
    $114,363
    From related orgs
    $0
    Other
    $6,841
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • KLAMATH MEDICAL BUSINESS CENTER LLC

    REAL AND PERSONAL PROPERTY RENTAL · OR

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • WEST PHYSICIAN SERVICES LLC

    C · PHYSICIAN SERVICES · OR

Provenance

Return type
form_990
Tax year
2022
Filed
7 August 2024
IRS schema version
2022v5.0
Source object
202432259349300213

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