MEMORIAL MEMBER ASSOCIATION INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

DALE HUSTEDT

Phone

7157487507

Tax Period

2021-07-01 to 2022-06-30

MEMORIAL MEMBER ASSOCIATION INC, founded in 1999, is a mid-sized nonprofit in the Health Care sector that reported $20.9M in total revenue in fiscal year 2021. Revenue surged 4656% from the prior year, signaling strong growth momentum. Expenses of $82.0M exceeded revenue, resulting in a 293% operating deficit.

Mission

PROMOTE LOCAL HEALTH CARE AND PROVIDE REPRESENTATION AND OVERSIGHT TO ASPIRUS MEDFORD HOSPITAL & CLINICS, INC. AND THE ASSOCIATION REPRESENTS THE HEALTH CARE INTERESTS OF OUR COMMUNITIES AND MANAGES THE FINANCIAL ASSETS ENTRUSTED TO US.

Program Service Accomplishments

Program 1

Expenses: $81,974,050 Revenue: $0

MEMORIAL MEMBER ASSOCIATION'S PURPOSE IS PROMOTING LOCAL HEALTH CARE AND SUPPORTING OUR LOCAL ORGANIZATIONS. DURING THE FISCAL YEAR, THE ORGANIZATION PROVIDED FINANCIAL DONATIONS TO THE SCHOOL...

MEMORIAL MEMBER ASSOCIATION'S PURPOSE IS PROMOTING LOCAL HEALTH CARE AND SUPPORTING OUR LOCAL ORGANIZATIONS. DURING THE FISCAL YEAR, THE ORGANIZATION PROVIDED FINANCIAL DONATIONS TO THE SCHOOL DISTRICT OF MEDFORD TOWARDS A MENTAL HEALTH PROVIDER AND SUPPLEMENTAL PROGRAM FUNDING. THEY ALSO DONATED TO ASPIRUS MEDFORD HOSPITAL & CLINICS, INC. FOR SUPPORT OF THEIR COMMUNITY NEEDS PROGRAM THAT INCLUDED HEALTH PROFESSION EDUCATION SCHOLARSHIPS/TUITION SUPPORT, MENTAL HEALTH PROGRAMS, AND OTHER WELLNESS ACTIVITIES.

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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%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $20,000,030

Program Service Revenue $0

Investment Income $888,310

Other Revenue $0

TOTAL REVENUE $20,888,340

Expense Breakdown

Grants Paid $81,974,050

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $81,974,050

Other Expenses $49,872

TOTAL EXPENSES $82,023,922

Year-over-Year Comparison

	2021	2020	Change
Revenue	$20,888,340	$439,182	+46.6%
Expenses	$82,023,922	$195,161	+419.3%
Net Income	$-61,135,582	$244,021	-251.5%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CANDICE GRUNSETH	CHAIR	1.00	Officer Director	$0	$0	$0
JONATHON LANGE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JASON STELIGA	TREASURER	1.00	Officer Director	$0	$0	$0
RANDY JUEDES	SECRETARY	1.00	Officer Director	$0	$0	$0
COLTON FREIBERG	DIRECTOR	1.00	Director	$0	$0	$0
COURTNEY GRAFF	DIRECTOR	1.00	Director	$0	$0	$0
LEONARD W HAMMAN	DIRECTOR	1.00	Director	$0	$0	$0
SARAH HEDTKE	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM KLINGBEIL	DIRECTOR	1.00	Director	$0	$0	$0
PAUL RYBAK	DIRECTOR (THRU JANUARY 2022)	1.00	Director	$0	$0	$0
EMILY TRACEY	DIRECTOR	1.00	Director	$0	$0	$0
BETH VAN DER BERG	DIRECTOR	1.00	Director	$0	$0	$0
DALE HUSTEDT	PRESIDENT	1.00	Officer	$0	$0	$0
GREG SHAW	CFO	1.00	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
2022	$20,888,340	$82,023,922	$26,565,218	$-61,135,582
2021	$439,182	$195,161	$89,259,711	$244,021
2020	$291,681	$327,989	$74,727,628	$-36,308
2019	$527,110	$386,100	$68,305,435	$141,010
2018	$4,796,561	$57,953	$63,095,472	$4,738,608