LAKE CHELAN HEALTH AND WELLNESS FOUNDATION

EIN: 911196271 501(c)(3) Philanthropy & Grantmaking

Chelan, WA

Total Revenue
$50,718
Total Expenses
$133,224
Total Assets
$2,297,032
Net Assets
$2,296,722
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
WA
Principal Officer
President
Phone
5096826125
Tax Period
2023-01-01 to 2023-12-31

LAKE CHELAN HEALTH AND WELLNESS FOUNDATION, founded in 1982, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $51K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $133K exceeded revenue, resulting in a 163% operating deficit.

Mission

The Lake Chelan Health & Wellness Foundation was organized in 1982 to provide and improve health care services at Lake Chelan Health, the local community hospital, and its service area. In 2023, over $65,000 in healthcare educational scholarships were awarded and over $11,000 was contributed to the Chelan hospital for wellness programs and building a new hospital.

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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 (2023)

Revenue Breakdown

Contributions & Grants $48,032
Program Service Revenue $0
Investment Income $2,686
Other Revenue $0
TOTAL REVENUE $50,718

Expense Breakdown

Grants Paid $78,423
Salaries & Benefits $13,802
Fundraising Expenses $0
Program Expenses $95,500
Other Expenses $40,999
TOTAL EXPENSES $133,224

Year-over-Year Comparison

2023 2022 Change
Revenue $50,718 $55,511 -0.1%
Expenses $133,224 $932,285 -0.9%
Net Income $-82,506 $-876,774 -0.9%
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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Governance

Voting Members
14
Independent Members
14
Employees
2
Volunteers
51

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
3
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Karen McKellar President 2.0
Officer Director
$0 $0 $0
Phyllis Gleasman Vice President 0.5
Officer Director
$0 $0 $0
Ed Brownfield-Nelson Treasurer 0.5
Officer Director
$0 $0 $0
Linda Parker Secretary 0.5
Director
$0 $0 $0
Mike Steele Past President 0.25
Director
$0 $0 $0
Tom Anglin Director 0.25
Director
$0 $0 $0
Agustin Benegas Director 0.25
Director
$0 $0 $0
Karen Collins Director 0.25
Director
$0 $0 $0
Susan Fischer Director 0.25
Director
$0 $0 $0
Allison Flaten Director 0.25
Director
$0 $0 $0
Aurora Flores Director 0.25
Director
$0 $0 $0
Dale Hoisington Director 0.25
Director
$0 $0 $0
Romario Solano Director 0.25
Director
$0 $0 $0
Judy Steele Director 0.25
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 No data No data No data No data
2023 $50,718 $133,224 $2,297,032 $-82,506
2022 $55,511 $932,285 $2,079,873 $-876,774
2021 $579,788 $431,871 $3,564,360 $147,917
2020 $136,425 $243,172 $3,241,259 $-106,747
2019 $212,226 $578,563 $2,892,300 $-366,337
2018 $231,255 $259,868 $2,772,024 $-28,613
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