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Brookings Health System Investment Authority

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 823923875 ✦ Brookings, SD ✦ Designated as a 501(c)(3)

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Overview

What is Brookings Health System Investment Authority?

Brookings Health System Investment Authority is a nonprofit organization with a mission to support the City of Brookings, specifically its healthcare system, Brookings Health System. They achieve this by investing and growing funds, ensuring that financial resources are available as needed for the healthcare system's operations and development. In the past year, the organization has demonstrably invested its funds to contribute to the City of Brookings' healthcare sector.

Is Brookings Health System Investment Authority legitimate?

Brookings Health System Investment Authority is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brookings Health System Investment Authority 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Brookings Health System Investment Authority?

The Brookings Health System Investment Authority's mission is to support the City of Brookings, specifically its healthcare system, Brookings Health System, by investing and growing funds. These funds are then used to provide necessary resources as needed. The organization's primary goal is to contribute to the upkeep and enhancement of the healthcare system, serving as a financial backbone. In the previous year, the Authority put its investments into action.

Who is the CEO of Brookings Health System Investment Authority?

Jason Merkley is the Ceo Of Brookings Health System of Brookings Health System Investment Authority. The CEO's salary of Brookings Health System Investment Authority is $0 and their total compensation is $573,145.

What is the revenue of Brookings Health System Investment Authority?

Brookings Health System Investment Authority's revenue in 2022 was $564,726.

Who are the executives of Brookings Health System Investment Authority and what are their salaries?


Here are 11 key members and their salaries (Brookings Health System Investment Authority's CEO's salary is $0 and their total compensation is $573,145):


Jason Merkley (Ceo Of Brookings Health System)
  • Compensation: $0
  • Related: $505,910
  • Other: $67,235
Melissa Wagner (Cfo Of Brookings Health System)
  • Compensation: $0
  • Related: $133,909
  • Other: $31,065
Dick Peterson (President)
  • Compensation: $0
  • Related: $3,600
  • Other: $0
Sheila Anderson (Vice President)
  • Compensation: $0
  • Related: $2,700
  • Other: $0
Jim Morgan (Director)
  • Compensation: $0
  • Related: $2,700
  • Other: $0
Lynn Darnall (Secretary)
  • Compensation: $0
  • Related: $2,700
  • Other: $0
Daryl Englund (Director)
  • Compensation: $0
  • Related: $2,700
  • Other: $0
Andrew Ellsworth Md (Director)
  • Compensation: $0
  • Related: $2,700
  • Other: $0
Mary Anne Krogh (Director)
  • Compensation: $0
  • Related: $2,700
  • Other: $0
Tracy Greene (Director)
  • Compensation: $0
  • Related: $2,700
  • Other: $0
David Meyer Dds (Director)
  • Compensation: $0
  • Related: $2,700
  • Other: $0
Where can I find the form 990 for Brookings Health System Investment Authority?

Brookings Health System Investment Authority's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Brookings Health System Investment Authority

Brookings Health System Investment Authority, in its mission, focuses on supporting the City of Brookings, operating under the banner of Brookings Health System. This organization is dedicated to investing and growing funds with the primary purpose of providing necessary financial aid when required for the City of Brookings' health system. By fulfilling this mission, the authority aims to bolster the capabilities and resources of Brookings Health System, thereby contributing to its overall success. In the previous year, the authority demonstrated its commitment by investing funds towards this cause.

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Impact




October, 2024

Brookings Health System Investment Authority plays a critical role in enhancing healthcare services in Brookings, South Dakota. By strategically investing and growing funds, it provides essential financial support to the Brookings Health System. This support enables the healthcare system to maintain and improve its services, ultimately benefiting the community's access to quality healthcare.

The Authority's financial investments ensure that the Brookings Health System can meet the evolving healthcare needs of the residents. With a mission focused on sustained growth and support, the Authority ensures that resources are available as needed, helping to foster a robust healthcare environment in the region. This impact translates into improved health outcomes for the community, demonstrating the Authority's commitment to advancing public health initiatives and services in Brookings.




This information is meant to be a general summary of Brookings Health System Investment Authority. 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.

Revenue
$564,726 (2022)
Expenses
$110,814 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $564,726
  • Gross Receipts: $4,726,545

Assets and Liabilities:

  • Total Assets: $53,462,459
  • Total Liabilities: $0
  • Net Assets: $53,462,459

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Organization Details

Founding Year

2017

Principal Officer

Jason Merkley

Main Address

300 22nd Avenue, Brookings, SD, 57006

NTEE Category

Code: E60 - Health

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