MEMORIAL HOSPITAL AND COMMUNITY HEALTH FOUNDATION INC

EIN: 391304761 501(c)(3) Philanthropy & Grantmaking

ANTIGO, WI

Total Revenue
$178,846
Total Expenses
$122,720
Total Assets
$4,104,561
Net Assets
$4,104,561
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
WI
Principal Officer
GREG SHAW
Phone
7156232331
Tax Period
2024-01-01 to 2024-12-31

MEMORIAL HOSPITAL AND COMMUNITY HEALTH FOUNDATION INC, founded in 1979, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $179K in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $56K, a strong 31% operating margin.

Mission

THE MISSION OF THE COMMUNITY HEALTH FOUNDATION IS TO IDENTIFY NEEDS, RAISE FUNDS, AND AWARD GRANTS TO ADVANCE HEALTHCARE AND THE HEALTH AND WELL-BEING OF PEOPLE IN THE ANTIGO AND NEIGHBORING COMMUNITIES SERVED BY ASPIRUS LANGLADE HOSPITAL. THE COMMUNITY HEALTH FOUNDATION ACKNOWLEDGES AND SUPPORTS THE VISION, MISSION, AND VALUES OF ASPIRUS LANGLADE HOSPITAL.

Program Service Accomplishments

Program 1
Expenses: $122,720 Revenue: $9,005

ACTIVITY RELATES TO RAISING FUNDS FOR ASPIRUS LANGLADE HOSPITAL AND OTHER NON-PROFIT ORGANIZATIONS IN THE COMMUNITY AND EDUCATING PERSONNEL TO DELIVER REQUIRED CARE TO MEMBERS OF THE COMMUNITY. THE...

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ACTIVITY RELATES TO RAISING FUNDS FOR ASPIRUS LANGLADE HOSPITAL AND OTHER NON-PROFIT ORGANIZATIONS IN THE COMMUNITY AND EDUCATING PERSONNEL TO DELIVER REQUIRED CARE TO MEMBERS OF THE COMMUNITY. THE COMMUNITY HEALTH FOUNDATION MANAGES A LIFELINE PROGRAM IN LANGLADE AND SURROUNDING COUNTIES, RENTING AND MAINTAIN LIFELINE UNITS TO 135 SUBSCRIBERS. THE FOUNDATION ALSO SPONSORS ADVANCED CARDIAC LIFE SUPPORT AND CPR TRAINING FOR MEDICAL PROFESSIONALS IN LANGLADE AND SURROUNDING COUNTIES, TRAINING 956 PEOPLE. ADDITIONALLY, THE FOUNDATION SPONSORS TRAINING NEONATAL RESUSCITATION, SERVING 24 PEOPLE.

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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 $34,150
Program Service Revenue $9,005
Investment Income $135,691
Other Revenue $0
TOTAL REVENUE $178,846

Expense Breakdown

Grants Paid $115,039
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $122,720
Other Expenses $7,681
TOTAL EXPENSES $122,720

Year-over-Year Comparison

2024 2023 Change
Revenue $178,846 $134,943 +0.3%
Expenses $122,720 $138,114 -0.1%
Net Income $56,126 $-3,171 -18.7%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
43

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
7
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHERRY BUNTEN HOSPITAL PRESIDENT 0.50
Officer Director
$0 $0 $0
GREG SHAW HOSPITAL VP FINANCE 0.50
Officer
$0 $0 $0
STEVE BRETTINGEN PRESIDENT 0.50
Officer Director
$0 $0 $0
DAN SHELDON VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
ERIN BAGINSKI SECRETARY 0.50
Officer Director
$0 $0 $0
SHERRY AULIK TREASURER 0.50
Officer Director
$0 $0 $0
JASON JANSEN TREASURER (THRU 02/24) 0.50
Officer Director
$0 $0 $0
CATHY CONNOR BOARD MEMBER 0.50
Director
$0 $0 $0
AMANDA HUNTER BOARD MEMBER 0.50
Director
$0 $0 $0
JD SCHROEDER BOARD MEMBER 0.50
Director
$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
2024 $178,846 $122,720 $4,104,561 $56,126
2023 $134,943 $138,114 $3,806,646 $-3,171
2022 $428,496 $80,297 $3,612,567 $348,199
2021 $200,697 $153,967 $3,894,858 $46,730
2020 $179,653 $133,668 $3,556,511 $45,985
2019 $236,245 $166,252 $3,266,791 $69,993
2018 $187,104 $478,618 $2,826,570 $-291,514
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