WYOMING MEDICAL CENTER FOUNDATION

EIN: 830230808 501(c)(3) Health Care

CASPER, WY

Total Revenue
$1,095,476
Total Expenses
$1,050,906
Total Assets
$8,140,660
Net Assets
$7,948,477
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
WY
Principal Officer
BETH WORTHEN
Phone
3075772973
Tax Period
2019-07-01 to 2020-06-30

WYOMING MEDICAL CENTER FOUNDATION, founded in 1976, is a community nonprofit in the Health Care sector that reported $1.1M in total revenue in fiscal year 2019. Revenue surged 2419% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 4% surplus.

Mission

OUR MISSION IS TO ENHANCE EXCELLENCE IN HEALTHCARE DELIVERY AT WYOMING MEDICAL CENTER BY SECURING PRIVATE PHILANTHROPIC RESOURCES, CULTIVATING ENDURING RELATIONSHIPS, AND DELIVERING SUPERIOR DONOR STEWARDSHIP. OUR PURPOSE IS TO HELP RAISE THE FUNDS NEEDED FOR VARIOUS PROJECTS THAT WILL IMPROVE OUR HOSPITAL WHILE BENEFITING THE PATIENTS AND COMMUNITY WE SERVE.WYOMING MEDICAL CENTER FOUNDATION ASPIRES TO BE THE PREMIER STRATEGIC PARTNER WITH WYOMING MEDICAL CENTER IN ITS PURSUIT AS THE LEADER IN SAFETY AND SERVICE. IN DOING SO WMCF WILL: - SUPPORT PATIENT CARE THROUGH ENHANCED WRAP-AROUND COMMUNITY RESOURCES;- SUPPORT THE WMC THROUGH ASSISTANCE WITH INFRASTRUCTURE, TECHNOLOGY, AND EQUIPMENT NEEDS; AND- CREATE A CULTURE OF GIVING THAT IS EMPLOYEE DRIVEN.

Program Service Accomplishments

Program 1
Expenses: $1,001,543 Revenue: $0

THROUGHOUT THE FISCAL YEAR, WYOMING MEDICAL CENTER FOUNDATION ("WMC FOUNDATION") HAS RAISED FUNDS TO SUPPORT VARIOUS PROJECTS FOR ITS SUPPORTED ORGANIZATION, WYOMING MEDICAL CENTER ("WMC").THIS...

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THROUGHOUT THE FISCAL YEAR, WYOMING MEDICAL CENTER FOUNDATION ("WMC FOUNDATION") HAS RAISED FUNDS TO SUPPORT VARIOUS PROJECTS FOR ITS SUPPORTED ORGANIZATION, WYOMING MEDICAL CENTER ("WMC").THIS FISCAL YEAR, WMC FOUNDATION FOCUSED FUNDRAISING EFFORTS FOR WYOMING MEDICAL CENTER'S INTERVENTIAL RADIOLOGY SUITE.

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Trantor Score

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

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $1,031,644
Program Service Revenue $0
Investment Income $66,802
Other Revenue $-2,970
TOTAL REVENUE $1,095,476

Expense Breakdown

Grants Paid $652,309
Salaries & Benefits $0
Fundraising Expenses $23,291
Program Expenses $1,001,543
Other Expenses $398,597
TOTAL EXPENSES $1,050,906

Year-over-Year Comparison

2019 2018 Change
Revenue $1,095,476 $43,481 +24.2%
Expenses $1,050,906 $143,974 +6.3%
Net Income $44,570 $-100,493 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
11
Employees
N/A
Volunteers
20

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
$127,470
Total Directors
13
$1,113,149
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELE CHULICK WMC EMPLOYEE/BOARD MEMBER 2.00
Director
$0 $63,775 $956,326
CORRINE ARROSS WMC EMPLOYEE/BOARD MEMBER 2.00
Director
$0 $20,140 $156,823
JAMES GLEASON EXECUTIVE DIRECTOR 40.00
Officer
$0 $20,300 $127,470
JUDY AURELIUS CHAIR 2.00
Officer Director
$0 $0 $0
KYLE THOMPSON VICE CHAIR 2.00
Officer Director
$0 $0 $0
DEBBIE REID TREASURER 2.00
Officer Director
$0 $0 $0
BOB BARNARD BOARD MEMBER 2.00
Director
$0 $0 $0
SCOTT BROWNELL BOARD MEMBER 2.00
Director
$0 $0 $0
DAX COLLINS BOARD MEMBER 2.00
Director
$0 $0 $0
JENNIFER GLADSON BOARD MEMBER 2.00
Director
$0 $0 $0
RYAN KLINGER BOARD MEMBER 2.00
Director
$0 $0 $0
SUSIE MCMURRY BOARD MEMBER 2.00
Director
$0 $0 $0
PAM MILLER BOARD MEMBER 2.00
Director
$0 $0 $0
BRIAN STACK BOARD MEMBER 2.00
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
2020 $1,095,476 $1,050,906 $8,140,660 $44,570
2020 $252,139,944 $2,422,787 $277,113,966 $249,717,157
2019 $43,481 $143,974 $8,851,540 $-100,493
2018 $2,115,483 $218,978 $7,864,291 $1,896,505
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