Skip to content
Nonprofiteer
← CENTRAL MESABI MEDICAL FOUNDATION

Form 990 for tax year 2023

Filed by CENTRAL MESABI MEDICAL FOUNDATION.

Totals

Total revenue
$218,273
Total expenses
$178,426
Contributions and grants received
$151,307
Grants paid
$156,529
Program service revenue
$0
Investment income
$46,650
Other revenue
$20,316
Total assets, end of year
$1,655,873
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,655,873
Program services expenses (Part IX)
$156,529
Management and general expenses
$20,643
Fundraising expenses
$1,254
Program service expenses (Part III)
$156,529

Program services were 87.7% 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

    $151,307

  • 3 · Investment income

    total $52,689 · unrelated business $0 · excluded $52,689

  • 7a · Gross sales of assets other than inventory

    securities $424,177

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

    securities $430,216

  • 7c · Gain or loss

    securities -$6,039

  • 7d · Net gain or loss

    total -$6,039 · related or exempt $0 · unrelated business $0 · excluded -$6,039

  • 8a · Fundraising events: gross income

    $35,295

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

    $0

  • 8b · Fundraising events: direct expenses

    $14,979

  • 8c · Net income from fundraising events

    total $20,316 · unrelated business $0 · excluded $20,316

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $90,999 · program services $90,999

  • 2 · Grants to domestic individuals

    total $65,530 · program services $65,530

  • 11c · Fees: accounting

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

  • 11f · Fees: investment management

    total $15,542 · program services $0 · management and general $15,542 · fundraising $0

  • 13 · Office expenses

    total $2,590 · program services $0 · management and general $1,336 · fundraising $1,254

  • 19 · Conferences, conventions and meetings

    total $1,525 · program services $0 · management and general $1,525 · 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 $71,044 · end of year $79,351

  • 2 · Savings and temporary cash investments

    beginning of year $46,118 · end of year $2,000

  • 11 · Investments: publicly traded securities

    beginning of year $1,398,987 · end of year $1,574,522

  • 27 · Net assets without donor restrictions

    beginning of year $823,923 · end of year $938,665

  • 28 · Net assets with donor restrictions

    beginning of year $692,226 · end of year $717,208

Mission and programs · 2023

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 $156,529 · Grants $156,529 · Revenue $218,273

As filed on the 2023 return.

Listed in Part VII

  • Tina Seline

    President

    Total calculated
    $0
    Hours/week
    1

  • Andi Macenski

    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

  • Pam Boswell

    Director

    Total calculated
    $0
    Hours/week
    1

  • John Briski

    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

  • Martha Hnatko

    Director

    Total calculated
    $0
    Hours/week
    1

  • Patricia Ives

    Director

    Total calculated
    $0
    Hours/week
    1

  • Marella Laliberte

    Director

    Total calculated
    $0
    Hours/week
    1

  • Bryan Lindsay

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jeff Perunovich

    Director

    Total calculated
    $0
    Hours/week
    1

  • John Ryan

    Director

    Total calculated
    $0
    Hours/week
    1

  • Todd Scaia

    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
2023
Filed
23 September 2024
IRS schema version
2023v5.1
Source object
202402679349301525

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.