Overview
What is Reedsburg Area Medical Center Foundation Ltd?
Reedsburg Area Medical Center Foundation Ltd is a charitable and educational nonprofit organization based in Reedsburg, Wisconsin. Their primary mission is to manage and invest donations, grants, and bequests exclusively for the benefit of Reedsburg Area Medical Center Inc. and Reedsburg Area Senior Life Center Inc., both located in Reedsburg. The revenue generated from reselling donated items, such as clothing and household items, is utilized to support the maintenance and programs of these entities. The organization's activities include medical research, education, and charitable initiatives, as decided by its board of directors.
Is Reedsburg Area Medical Center Foundation Ltd legitimate?
Reedsburg Area Medical Center Foundation Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reedsburg Area Medical Center Foundation Ltd submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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What is the mission statement of Reedsburg Area Medical Center Foundation Ltd?
The Reedsburg Area Medical Center Foundation Ltd is a charitable and educational organization with a mission to collect, manage, invest, and distribute funds for the benefit of Reedsburg Area Medical Center Inc. and Reedsburg Area Senior Life Center Inc., both situated in Wisconsin. The foundation's purpose also includes supporting medical research, educational programs, and charitable activities, as deemed suitable and appropriate by its board of directors. The organization's primary goal is to enhance and maintain these institutions, contributing positively to their operations and the communities they serve.
Who is the CEO of Reedsburg Area Medical Center Foundation Ltd?
Jim Schweich is the President of Reedsburg Area Medical Center Foundation Ltd.
What is the revenue of Reedsburg Area Medical Center Foundation Ltd?
Reedsburg Area Medical Center Foundation Ltd's revenue in 2022 was $460,694.
Who are the executives of Reedsburg Area Medical Center Foundation Ltd and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Reedsburg Area Medical Center Foundation Ltd?
Reedsburg Area Medical Center Foundation Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Reedsburg Area Medical Center Foundation Ltd
Reedsburg Area Medical Center Foundation Ltd is a charitable and educational organization with a distinct mission. Its primary purpose is to gather, manage, invest, and utilize endowment funds, along with gifts, grants, and bequests, exclusively for the maintenance and benefit of Reedsburg Area Medical Center, Inc. and Reedsburg Area Senior Life Center, Inc., both located in Reedsburg, Wisconsin. The foundation also supports various medical research, educational, or charitable programs or activities that its board of directors deems suitable and appropriate. This nonprofit organization's mission is to contribute to the betterment of healthcare services and the well-being of the communities it serves.
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Impact
October, 2024
Reedsburg Area Medical Center Foundation Ltd significantly impacts the community by enhancing the healthcare services and facilities available to residents of Reedsburg, Wisconsin. Through effective management of endowment funds and the acquisition of gifts, grants, and bequests, the Foundation is dedicated to maintaining and improving the Reedsburg Area Medical Center and the Reedsburg Area Senior Life Center.
By funding medical research and educational programs, the Foundation ensures that these centers can offer advanced care and resources necessary for both patients and healthcare professionals. Additionally, the Foundation runs a resale division called "Resale Beyond the Expected," which collects non-cash donations of clothing and household items. The proceeds from these sales are reinvested into the Foundation’s mission, allowing for further support of community health initiatives and programs.
Overall, the Foundation plays a crucial role in fostering a healthier community through its commitment to healthcare excellence and accessibility, ensuring that essential services are available to those who need them most.
This information is meant to be a general summary of Reedsburg Area Medical Center Foundation Ltd. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,152
- Program Service Revenue: $178,460
- Gross Receipts: $528,398
Assets and Liabilities:
- Total Assets: $2,486,428
- Total Liabilities: $6,292
- Net Assets: $2,480,136
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESALE BEYOND THE EXPE
Revenue
$173,976
FREE CLINIC
Revenue
$4,484
Organization Details
Founding Year
1976
Phone
(608) 524-9088Principal Officer
Jim Schweich
Main Address
2090 RIDGEVIEW DRIVE, REEDSBURG, WI, 53959
NTEE Category
Code: E22Z - Health
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