MEDFORD, OR
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Sign In — Free (10 views/day)ASANTE FOUNDATION, founded in 1973, is a community nonprofit in the Health Care sector that reported $5.0M in total revenue in fiscal year 2023. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $31.8M exceeded revenue, resulting in a 532% operating deficit.
THE ASANTE FOUNDATION'S PRIMARY EXEMPT PURPOSE IS TO RAISE MONIES AND IN-KIND DONATIONS TO FURTHER THE EXEMPT PURPOSE OF ASANTE, A 501(C)(3) HOSPITAL AND HEALTHCARE SYSTEM WHICH SERVICES THE HEALTHCARE NEEDS OF THE CITIZENS OF SOUTHERN OREGON AND NORTHERN CALIFORNIA.
ASANTE FOUNDATION'S ONGOING MISSION IS TO CONTINUALLY ASSESS THE NEEDS OF THE HOSPITALS IT SUPPORTS, AS WELL AS THE COMMUNITY WE SERVE. OVER THE YEARS, THE FOUNDATION HAS CONTRIBUTED MILLIONS OF...
ASANTE FOUNDATION'S ONGOING MISSION IS TO CONTINUALLY ASSESS THE NEEDS OF THE HOSPITALS IT SUPPORTS, AS WELL AS THE COMMUNITY WE SERVE. OVER THE YEARS, THE FOUNDATION HAS CONTRIBUTED MILLIONS OF DOLLARS TO HELP ENHANCE IMPORTANT CLINICAL DEPARTMENTS OF THE HOSPITALS AND HELP PURCHASE NEEDED MEDICAL EQUIPMENT. DURING FISCAL YEAR 2024, ASANTE FOUNDATION'S LARGEST PROGRAM SERVICE ACCOMPLISHMENT WAS RAISING MORE THAN $13.7 MILLION IN DONATIONS TO BENEFIT VARIOUS DEPARTMENTS AND CAPITAL PROJECTS THROUGHOUT ASANTE.OVER $1 MILLION WAS DONATED TO SUPPORT ASANTE CANCER SERVICES, INCLUDING $156,000 IN COMPASSION FUNDS TO ASSIST PATIENTS WITH PERSONAL HEALTH-RELATED SOCIAL NEEDS THROUGHOUT THEIR CANCER JOURNEY, SUCH AS TRANSPORTATION, LODGING. $47,000 WAS DONATED TO HELP DEFRAY COSTS OF MAMMOGRAMS AND BIOPSIES NOT COVERED BY INSURANCE.OF THE CAPITAL PROJECTS SUPPORTED DURING THE FISCAL YEAR, MORE THAN $195,000 WAS RAISED TO FUND A RENOVATION OF THE CARDIAC CATH LAB AND NEARLY $192,000 WAS CONTRIBUTED TOWARD THE PURCHASE OF NEW MANIKINS FOR ASANTE'S MEDICAL TRAINING SIMULATION LAB. DURING FY24, ASANTE FOUNDATION HELPED SUPPORT NUMEROUS CLINICAL DEPARTMENTS AT ASANTE ROGUE REGIONAL MEDICAL CENTER, ASANTE'S 378 LICENSED BED HOSPITAL LOCATED IN MEDFORD, OREGON. SUPPORT INCLUDED DONATIONS OF $7.7 MILLION TO BENEFIT CHILDREN'S HEALTH, WITH NEARLY $6.4 MILLION RESERVED TO FUND FUTURE NEEDS FOR THE OLSRUD FAMILY WOMEN'S AND CHILDREN'S HOSPITAL THAT OPENED WITH ASANTE ROGUE REGIONAL'S NEW PATIENT PAVILION IN EARLY 2024. ANOTHER $2.75 MILLION WAS PLEDGED FOR BEHAVIORAL HEALTH PROGRAMS AT THE HOSPITAL, AND $114,000 WAS RAISED TO FUND FORENSIC MEDICAL CARE FOR VICTIMS OF SEXUAL ASSAULT. STILL OTHER DONATIONS RAISED DURING THE FISCAL YEAR WERE USED TO SUPPORT ADVANCED SURGICAL SERVICES, CRITICAL CARE AND END OF LIFE SERVICES, AMONG OTHERS.
ASANTE FOUNDATION'S SECOND LARGEST PROGRAM SERVICE ACCOMPLISHMENT DURING FISCAL YEAR 2024 WAS RAISING FUNDS TO HELP SUPPORT VARIOUS CAPITAL PROJECTS AND DEPARTMENTS AT ASANTE THREE RIVERS MEDICAL...
ASANTE FOUNDATION'S SECOND LARGEST PROGRAM SERVICE ACCOMPLISHMENT DURING FISCAL YEAR 2024 WAS RAISING FUNDS TO HELP SUPPORT VARIOUS CAPITAL PROJECTS AND DEPARTMENTS AT ASANTE THREE RIVERS MEDICAL CENTER, ASANTE'S 125 LICENSED BED HOSPITAL LOCATED IN GRANTS PASS, OREGON.WITH CAPITAL PROJECTS SUPPORTING ASANTE'S GOALS AROUND INCREASING AND IMPROVING ACCESS TO CARE, DURING FY24, ASANTE FOUNDATION GARNERED DONATIONS OF $110,655 TO HELP FUND THE PURCHASE OF A SECOND LINEAR ACCELERATOR AT SPEARS CANCER CENTER, $158,000 TO SUPPORT THE EXPANSION OF THE GRANTS PASS FAMILY HOUSE, WHERE PATIENTS TRAVELING LONG DISTANCES FOR CARE CAN STAY FOR LOW OR NO COST WHILE RECEIVING TREATMENT, AND $53,000 TOWARD ROBOTICS SURGERY SYSTEMS FOR ASANTE THREE RIVERS.IN ADDITION TO THE FUNDS RECEIVED TO SUPPORTED THESE VITAL CAPITAL PROJECTS, ASANTE FOUNDATION RAISED COMMUNITY DONATIONS TOTALLING NEARLY $43,000 TO SUPPORT GENERAL NEEDS AT ASANTE THREE RIVERS. OTHER DEPARTMENTS BENEFITING FROM FOUNDATION DONATIONS DURING FY24 INCLUDED EMERGENCY SERVICES, SPEARS CANCER CENTER, AND IMAGING.
ASANTE FOUNDATION'S THIRD LARGEST PROGRAM SERVICE ACCOMPLISHMENT FOR THE FISCAL YEAR ENDING SEPT. 30, 2024, WAS RAISING DONATIONS TO HELP SUPPORT CAPITAL PROJECTS AND DEPARTMENTS AT ASANTE ASHLAND...
ASANTE FOUNDATION'S THIRD LARGEST PROGRAM SERVICE ACCOMPLISHMENT FOR THE FISCAL YEAR ENDING SEPT. 30, 2024, WAS RAISING DONATIONS TO HELP SUPPORT CAPITAL PROJECTS AND DEPARTMENTS AT ASANTE ASHLAND COMMUNITY HOSPITAL, ASANTE'S 49 LICENSED BED HOSPITAL IN ASHLAND, OREGON. DURING FISCAL YEAR 2024, THE FOUNDATION RAISED OVER $155,000 FOR RENOVATION PROJECTS TO PROMOTE AGE-FRIENDLY CARE AT THE HOSPITAL, FOLLOWING THE HOSPITAL'S 2023 ATTAINMENT OF ITS AGE-FRIENDLY HEALTH SYSTEM DESIGNATION. ASANTE FOUNDATION ALSO CONTRIBUTED $126,000 TO SUPPORT THE FAMILY BIRTH CENTER AND OTHER GENERAL NEEDS AT ASANTE ASHLAND IN SUPPORT OF ASANTE ASHLAND'S CONTINUING EFFORT TO PROVIDE ACCESSIBLE CARE THAT MEETS THE UNIQUE NEEDS OF ITS GROWING COMMUNITY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $5,036,103 | $10,903,120 | -0.5% |
| Expenses | $31,815,437 | $5,318,813 | +5.0% |
| Net Income | $-26,779,334 | $5,584,307 | -5.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ROY VINYARD | INTERIM PRESIDENT & CEO | 1.00 |
Officer
Director
|
$0 | $19,800 | $763,118 |
| TOM GESSEL | ASANTE PRESIDENT & CEO | 1.00 |
Officer
Director
|
$0 | $5,770 | $567,006 |
| CHRISTOPHER DAVID MD | ASANTE PROVIDER | 40.00 |
Director
|
$0 | $53,096 | $475,344 |
| HEATHER ROWENHORST | CFO | 1.00 |
Officer
|
$0 | $56,900 | $424,677 |
| ANDREA REEDER | ASANTE SVP & CPO | 40.00 |
Director
|
$0 | $37,526 | $289,872 |
| TRAVIS HAMLYN CHAIR | CHAIR OF NOMINATING COMMITTEE | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| SUSAN BINETTE CHAIR OF | NOMINATING COMMITTEE & CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| SHANE MUSTARD | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROYAL STANDLEE | TREASURER & TRUSTEE | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| GEORGE ALAMEDA | TRUSTEE & TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| PETER ANGSTADT | ASANTE GOV. BOARD CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| CAROLINE BROOKS | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| MARK EISENSTEIN | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| JUDY GAMBEE | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| DR BRIAN HALL | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| DIONNE IRVINE | TRUSTEE (THROUGH DEC 2023) | 2.00 |
Director
|
$0 | $0 | $0 |
| NANCY BREWOLD JOHNSON | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| DR HELEN KOENIGSMAN | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| ROBB MAYERS | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| PATRICIA ORSINI | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| DAN RIPPLINGER | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| STEVE ROE | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| JOHN SCHIAVONE | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| CAL SCHMIDT | TRUSTEE (THROUGH MAY 2024) | 2.00 |
Director
|
$0 | $0 | $0 |
| TOM WALKER | TRUSTEE (THROUGH DEC 2023) | 2.00 |
Director
|
$0 | $0 | $0 |
| JIM WRIGHT | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $5,036,103 | $31,815,437 | $68,644,920 | $-26,779,334 |
| 2023 | $10,903,120 | $5,318,813 | $58,540,200 | $5,584,307 |
| 2022 | $28,616,876 | $13,410,921 | $49,566,738 | $15,205,955 |
| 2021 | $13,979,633 | $6,467,391 | $43,111,994 | $7,512,242 |
| 2020 | $4,983,244 | $3,535,184 | $34,856,407 | $1,448,060 |
| 2019 | $5,057,590 | $3,279,567 | $31,448,803 | $1,778,023 |
| 2018 | $4,996,673 | $4,076,969 | $31,417,235 | $919,704 |
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