Skip to content
Nonprofiteer
← CENTRAL MESABI MEDICAL FOUNDATION

Form 990 for tax year 2022

Filed by CENTRAL MESABI MEDICAL FOUNDATION.

Totals

Total revenue
$149,000
Total expenses
$156,822
Contributions and grants received
$129,730
Grants paid
$142,622
Program service revenue
$0
Investment income
$1,001
Other revenue
$18,269
Total assets, end of year
$1,516,149
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,516,149
Program services expenses (Part IX)
$142,622
Management and general expenses
$13,096
Fundraising expenses
$1,104
Program service expenses (Part III)
$142,622

Program services were 90.9% 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.

  • 1f · All other contributions, gifts and grants

    $129,730

  • 3 · Investment income

    total $38,744 · unrelated business $0 · excluded $38,744

  • 7a · Gross sales of assets other than inventory

    securities $884,424

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

    securities $922,167

  • 7c · Gain or loss

    securities -$37,743

  • 7d · Net gain or loss

    total -$37,743 · related or exempt $0 · unrelated business $0 · excluded -$37,743

  • 8a · Fundraising events: gross income

    $29,685

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

    $0

  • 8b · Fundraising events: direct expenses

    $11,416

  • 8c · Net income from fundraising events

    total $18,269 · unrelated business $0 · excluded $18,269

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $31,269 · program services $31,269

  • 2 · Grants to domestic individuals

    total $111,353 · program services $111,353

  • 11c · Fees: accounting

    total $995 · program services $0 · management and general $995 · fundraising $0

  • 11f · Fees: investment management

    total $10,605 · program services $0 · management and general $10,605 · fundraising $0

  • 13 · Office expenses

    total $1,209 · program services $0 · management and general $105 · fundraising $1,104

  • 19 · Conferences, conventions and meetings

    total $146 · program services $0 · management and general $146 · fundraising $0

  • 23 · Insurance

    total $1,245 · program services $0 · management and general $1,245 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $94,261 · end of year $71,044

  • 2 · Savings and temporary cash investments

    beginning of year $45,974 · end of year $46,118

  • 11 · Investments: publicly traded securities

    beginning of year $1,571,465 · end of year $1,398,987

  • 27 · Net assets without donor restrictions

    beginning of year $1,008,827 · end of year $823,923

  • 28 · Net assets with donor restrictions

    beginning of year $702,873 · end of year $692,226

Mission and programs · 2022

Mission

Supporting the region serviced by the area hospital The foundation raises funds to purchase the most highly advanced equipment along with funding educational and operational programs that enhance the delivery of health care in Northeastern

  • To provide support to area medical facilities by partnering with individuals and organizations in the area to enhance healthcare resources and maximize availability of healthcare opportunities. To provide assistance to students entering the health care profession and promote community health awareness.

    Expenses $142,622 · Grants $142,622 · Revenue $149,000

As filed on the 2022 return.

Listed in Part VII

  • John Briski

    President

    Total calculated
    $0
    Hours/week
    1

  • Tina Seline

    Vice President

    Total calculated
    $0
    Hours/week
    1

  • Andrew Borland

    Secretary/Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Dr Kimberly Bigelow

    Director

    Total calculated
    $0
    Hours/week
    1

  • Ann Bussey

    Director

    Total calculated
    $0
    Hours/week
    1

  • Steve Davidson

    Director

    Total calculated
    $0
    Hours/week
    1

  • Mike Fay

    Director

    Total calculated
    $0
    Hours/week
    1

  • Todd Scaia

    Director

    Total calculated
    $0
    Hours/week
    1

  • Dr Joe Sertich

    Director

    Total calculated
    $0
    Hours/week
    1

  • Susan Degnan

    Foundation Director

    Total calculated
    $0
    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.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
3 October 2023
IRS schema version
2022v5.0
Source object
202332769349301218

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.