REDWOOD MEMORIAL FOUNDATION

EIN: 942779313 501(c)(3) Education

EUREKA, CA

Total Revenue
$838,685
Total Expenses
$875,184
Total Assets
$4,399,690
Net Assets
$4,289,562
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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
CA
Principal Officer
TRACYE BERRY-WILLIAMS
Phone
7072694259
Tax Period
2024-01-01 to 2024-12-31

REDWOOD MEMORIAL FOUNDATION, founded in 1981, is a small nonprofit in the Education sector that reported $839K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Net assets of $4.3M represent 61 months of operating reserves.

Mission

AS EXPRESSIONS OF GOD'S HEALING LOVE, WITNESSED THROUGH THE MINISTRY OF JESUS, WE ARE STEADFAST IN SERVING ALL, ESPECIALLY THOSE WHO ARE POOR AND VULNERABLE.

Program Service Accomplishments

Program 1
Expenses: $491,022 Revenue: $0

REALIZING OUR MISSION PROVIDENCE REDWOOD MEMORIAL FOUNDATION HAS BEEN DIRECTLY SUPPORTING REDWOOD MEMORIAL HOSPITAL IN MEETING THE HEALTH AND QUALITY OF LIFE NEEDS OF THE LOCAL COMMUNITY FOR MORE...

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REALIZING OUR MISSION PROVIDENCE REDWOOD MEMORIAL FOUNDATION HAS BEEN DIRECTLY SUPPORTING REDWOOD MEMORIAL HOSPITAL IN MEETING THE HEALTH AND QUALITY OF LIFE NEEDS OF THE LOCAL COMMUNITY FOR MORE THAN 40 YEARS. SERVING THE COMMUNITIES OF EUREKA, FORTUNA, FERNDALE, LOLETA RIO DELL AND THROUGHOUT THE EEL RIVER VALLEY AND INTO SOUTHERN HUMBOLDT COUNTY, REDWOOD MEMORIAL HOSPITAL IS A CRITICAL CARE ACCESS HOSPITAL THAT PROVIDES QUALITY CARE IN THE AREAS OF EMERGENCY MEDICINE, HOLISTIC AND PATIENT CENTERED CARE, DIAGNOSTIC IMAGING, CANCER PROGRAM, AS WELL AS COMMUNITY - BASED PROGRAMS AND RESOURCE CENTERS FOCUSED ON PREVENTION, HEALTH PROMOTION, OUTREACH, CARE COORDINATION AND COMMUNITY BUILDING. WITH OVER 206 EMPLOYEES COMMITTED TO REALIZING THE MISSION. AS A MEMBER OF THE PROVIDENCE HEALTH SYSTEM, REDWOOD MEMORIAL FOUNDATION IS COMMITTED TO EXTENDING THE HEALING MINISTRY OF JESUS IN THE TRADITION OF THE SISTERS OF ST. JOSEPH OF ORANGE. THIS MISSION HAS GUIDED OUR CATHOLIC HEALTHCARE MINISTRY SINCE THE OPENING OF OUR FIRST HOSPITAL IN EUREKA, CALIFORNIA NEARLY 100 YEARS AGO. REDWOOD MEMORIAL FOUNDATION SUPPORTS REDWOOD MEMORIAL HOSPITAL: REDWOOD MEMORIAL HOSPITAL BELIEVES THAT NO ONE SHOULD DELAY SEEKING NEEDED MEDICAL CARE BECAUSE THEY LACK HEALTH INSURANCE. THAT IS WHY REDWOOD MEMORIAL HOSPITAL HAS A PATIENT FINANCIAL ASSISTANCE PROGRAM (FAP) THAT PROVIDES FREE OR DISCOUNTED SERVICES TO ELIGIBLE PATIENTS. PROGRAM SERVICE ACCOMPLISHMENTS IN ADDITION TO PROGRAMS HIGHLIGHTED ABOVE, REDWOOD MEMORIAL HOSPITAL, WITH THE SUPPORT OF REDWOOD MEMORIAL FOUNDATION, OFFERS THE FOLLOWING PROGRAMS: COMMUNITY RESOURCE CENTERS FOR DECADES THE PROVIDENCE COMMUNITY RESOURCE CENTERS (CRC) HAVE BEEN SERVING VULNERABLE COMMUNITY MEMBERS IN RURAL AND REMOTE POCKETS OF HUMBOLDT COUNTY AS A CORE COMMUNITY BENEFIT PROGRAM OF REDWOOD MEMORIAL HOSPITAL. EACH OF THE FIVE RESOURCE CENTERS IS UNIQUE TO THE COMMUNITY IT SERVES - THEY EACH LISTEN TO COMMUNITY MEMBERS AND PROVIDE SERVICES AND COMMUNITY BUILDING EVENTS THAT ARE RESPONSIVE TO THE VARIOUS NEEDS, INTERESTS AND CONCERNS OF THE COMMUNITY. IN 2024 THE CRCS HAD 161,542 ENCOUNTERS WITH COMMUNITY MEMBERS IN NEED OF EXTRA SUPPORT OR CONNECTION TO RESOURCES. THEY OFFERED FOOD PANTRIES, FREE CLOTHING GIVEAWAYS, PLAYGROUPS FOR FAMILIES WITH YOUNG CHILDREN UNDER AGE FIVE, BACK TO SCHOOL EVENTS, CULTURAL CELEBRATIONS AND SUPPORT FOR FAMILIES AND INDIVIDUALS WITH LIMITED RESOURCES (TRANSPORTATION, HELP MAKING APPOINTMENTS, APPLYING FOR JOBS OR SOCIAL SERVICE BENEFITS). THEY OFFERED COOKING AND CANNING CLASSES TO ADDRESS FOOD INSECURITY, EXERCISE CLASSES AND SOCIALIZATION FOR SENIORS AND OTHERS WHO ARE LONELY. THEY WELCOME UNHOUSED INDIVIDUALS AND MET BASIC NEEDS WITH COMPASSION AND DIGNITY. THEY ORGANIZED COMMUNITY GATHERINGS LIKE TREE LIGHTING CEREMONIES AT CHRISTMAS AND BROWN-BAG LUNCHES FOR KIDS DURING THE SUMMER MONTHS WHEN SCHOOL IS OUT. AND THEY HELPED COMMUNITIES BECOME MORE RESILIENT AND RECOVER FROM DISASTERS SUCH AS FIRES, FLOODS AND EARTHQUAKES. THE PROVIDENCE COMMUNITY RESOURCE CENTERS ARE CONNECTION POINTS IN THE COMMUNITY AND THEY ACT AS A HUB FOR OTHER GOVERNMENT ENTITIES AND NON-PROFITS ORGANIZATIONS TO GATHER AND REACH PEOPLE IN NEED OF ASSISTANCE AND SUPPORT. PARTNERSHIP AND WORKING WITH EVERYONE IN THE COMMUNITY IS A PRIORITY OF THE CRCS. FOR MORE INFORMATION ABOUT PROVIDENCE ST. JOSEPH HEALTH, PLEASE VISIT HTTPS://WWW.PROVIDENCE.ORG FOR MORE INFORMATION ABOUT ST. JOSEPH HEALTH, PLEASE VISIT WWW.STJHS.ORG FOR MORE INFORMATION ABOUT REDWOOD MEMORIAL HOSPITAL PLEASE VISIT WWW.STJOEHUMBOLDT.ORG

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $734,840
Program Service Revenue $0
Investment Income $100,310
Other Revenue $3,535
TOTAL REVENUE $838,685

Expense Breakdown

Grants Paid $491,022
Salaries & Benefits $105,584
Fundraising Expenses $80,383
Program Expenses $491,022
Other Expenses $278,578
TOTAL EXPENSES $875,184

Year-over-Year Comparison

2024 2023 Change
Revenue $838,685 $645,793 +0.3%
Expenses $875,184 $1,222,484 -0.3%
Net Income $-36,499 $-576,691 -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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Governance

Voting Members
16
Independent Members
14
Employees
N/A
Volunteers
30

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
$538,181
Total Directors
16
$961,440
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL KELEMAN DIRECTOR 0.50
Director
$0 $63,032 $646,232
SARAH PARK DIRECTOR 0.50
Director
$0 $40,919 $315,208
ELLE YEATES CHIEF INTEGRATION OFFICER 55.00
Officer
$0 $25,480 $290,946
HEATHER SETTON CHIEF PHILANTHROPY OFF. 50.00
Officer
$0 $19,430 $247,235
DAVID SOMERVILLE TREASURER 1.00
Officer Director
$0 $0 $0
LAURIE GARRISON PRESIDENT 1.00
Officer Director
$0 $0 $0
BRANDON BIRELEY DO DIRECTOR 0.50
Director
$0 $0 $0
CODY HURST DIRECTOR 0.50
Director
$0 $0 $0
DAVID MORRIS DIRECTOR 0.50
Director
$0 $0 $0
ERIN FLYER DIRECTOR 0.50
Director
$0 $0 $0
HEATHER AULTMAN DIRECTOR 0.50
Director
$0 $0 $0
HEATHER KELLEY DIRECTOR 0.50
Director
$0 $0 $0
KATHLEEN LEONARDI DIRECTOR 0.50
Director
$0 $0 $0
KATHY O'DAY DIRECTOR 0.50
Director
$0 $0 $0
MAILE FEUERMAN DIRECTOR 0.50
Director
$0 $0 $0
SARAH MORA DIRECTOR 0.50
Director
$0 $0 $0
TRINA POCKETT DIRECTOR 0.50
Director
$0 $0 $0
WALT GIACOMINI DIRECTOR 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 $838,685 $875,184 $4,399,690 $-36,499
2023 $645,793 $1,222,484 $4,040,486 $-576,691
2022 $733,599 $171,351 $4,511,286 $562,248
2021 $1,665,217 $291,707 $4,364,008 $1,373,510
2020 $368,003 $14,000 $2,730,536 $354,003
2019 $545,442 $246,927 $2,570,776 $298,515
2018 $157,876 $157,486 $2,350,703 $390
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