MEDICAL EDUCATIONAL AND DEVELOPMENT FOUNDATION

EIN: 341631553 501(c)(3)

COLDWATER, OH

Total Revenue
$12,193,404
Total Expenses
$11,030,374
Total Assets
$2,370,570
Net Assets
$2,370,570
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
OH
Principal Officer
JOHN YODER
Phone
4196785679
Tax Period
2024-06-01 to 2025-05-31

MEDICAL EDUCATIONAL AND DEVELOPMENT FOUNDATION, founded in 1989, is a mid-sized nonprofit that reported $12.2M in total revenue in fiscal year 2024. Expenses of $11.0M left a modest 10% surplus.

Mission

TO SUPPORT MAINTENANCE AND IMPROVEMENT OF FACILITIES OPERATED BY MERCER COUNTY JOINT TOWNSHIP COMMUNITY HOSPITAL AND TO ADVANCE IMPROVEMENT OF HEALTH OF CITIZENS OF MERCER COUNTY THROUGH HEALTH EDUCATION SERVICES INCLUDING PROVIDING SCHOLARSHIPS FOR INDIVIDUALS PURSUING A CAREER IN HEALTH PROFESSIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $11,957,368
Program Service Revenue $0
Investment Income $74,589
Other Revenue $161,447
TOTAL REVENUE $12,193,404

Expense Breakdown

Grants Paid $11,024,249
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $11,029,384
Other Expenses $6,125
TOTAL EXPENSES $11,030,374

Year-over-Year Comparison

2024 2023 Change
Revenue $12,193,404 $12,537,787 0.0%
Expenses $11,030,374 $11,723,270 -0.1%
Net Income $1,163,030 $814,517 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
N/A
Volunteers
25

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEB HEMMELGARN DIRECTOR 5.00
Director
$0 $0 $0
PAM HICKS TRUSTEE 2.00
Director
$0 $0 $0
LISA KLENKE TRUSTEE/CEO 2.00
Director
$0 $0 $0
BONNIE KNAPSCHAEFER TRUSTEE 2.00
Director
$0 $0 $0
KERRI LAUBER TRUSTEE 2.00
Director
$0 $0 $0
RHANGARAJ AMARAN MD TRUSTEE 2.00
Director
$0 $0 $0
PHIL MOELLER TRUSTEE 2.00
Director
$0 $0 $0
CODY MUHLENKAMP TRUSTEE 2.00
Director
$0 $0 $0
BOB NUDING TRUSTEE 2.00
Director
$0 $0 $0
SHANNON PARTON TRUSTEE 2.00
Director
$0 $0 $0
CARL POHL TRUSTEE 2.00
Director
$0 $0 $0
ROD STOVER TRUSTEE 2.00
Director
$0 $0 $0
MARY LOU WENNING TRUSTEE 2.00
Director
$0 $0 $0
VJ WESTERHEIDE TRUSTEE 2.00
Director
$0 $0 $0
EMILY GAST-SCHLATER SECRETARY 2.00
Officer
$0 $0 $0
ELLEN HOMAN VICE PRESIDE 2.00
Officer
$0 $0 $0
DOUG KLOSTERMAN TREASURER 2.00
Officer
$0 $0 $0
JOHN YODER PRESIDENT 2.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $12,193,404 $11,030,374 $2,370,570 $1,163,030
2024 $12,537,787 $11,723,270 $1,207,540 $814,517
2023 $12,356,480 $12,396,588 $380,615 $-40,108
2022 $6,392,233 $6,303,406 $428,237 $88,827
2021 $4,956,618 $4,931,548 $345,498 $25,070
2020 $5,311,721 $5,265,367 $316,532 $46,354
2019 $3,900,990 $4,108,612 $257,974 $-207,622
2018 $4,083,922 $4,326,081 $470,131 $-242,159
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