Civic Intelligence

Vrmc Foundation Inc

EIN 41-1748809 • 501(c)3 • Virginia, MN

Profile

The vrmc foundation has been established to create an environment which will result in increased philanthropic support for essentia health virginia. To achieve this goal, the foundation will develop programs of community education, community involvement, community service and personal contact. The foundation will identify priorities, directions and goals in accordance with the priorities, directions and goals of essentia health virginia. The foundation will focus primarily on providing medical equipment and capital projects needed by essentia health virginia. Through this mission, the vrmc foundation looks to enhance the quality of healthcare on the iron range and, subsequently, the quality of life in our region.

901 9th St NVirginia, MN 55792

www.vrmc.org/VRMCFOUNDATION.HTML

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2014

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

1st percentile

-9145%

Higher net margin than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

7th percentile

-85%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$0

Down $935,825 (-100%) from 2013

Liabilities

Down

$0

Down $2,319 (-100%) from 2013

Net Assets

Down

$0

Down $933,506 (-100%) from 2013

Revenue

Down

$10,260

Down $59,247 (-85%) from 2013

Expenses

Up

$948,517

Up $820,250 (+639%) from 2013

Net Income

Down

-$938,257

Down $879,497 (-1497%) from 2013

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2010: $599,957Liabilities 2010: $0Net Assets 2010: $599,9572010Assets 2011: $617,490Liabilities 2011: $33,698Net Assets 2011: $583,7922011Assets 2012: $904,975Liabilities 2012: $0Net Assets 2012: $904,9752012Assets 2013: $935,825Liabilities 2013: $2,319Net Assets 2013: $933,5062013Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014

Highlighted filing

2014

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500K-$1.0MExpenses 2010: $106,3872010Expenses 2011: $159,7332011Expenses 2012: $105,4242012Revenue 2013: $69,507Expenses 2013: $128,267Net Income 2013: -$58,7602013Revenue 2014: $10,260Expenses 2014: $948,517Net Income 2014: -$938,2572014

Highlighted filing

2014

Revenue$10,260
Expenses$948,517
Net Income-$938,257

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jun 5, 2015
Return Version
2014v5.0
Gross Receipts
$15,946
Mission and Program Overview

Mission

The vrmc foundation has been established to create an environment which will result in increased philanthropic support for essentia health virginia. To achieve this goal, the foundation will develop programs of community education, community involvement, community service and personal contact. The foundation will identify priorities, directions and goals in accordance with the priorities, directions and goals of essentia health virginia. The foundation will focus primarily on providing medical equipment and capital projects needed by essentia health virginia. Through this mission, the vrmc foundation looks to enhance the quality of healthcare on the iron range and, subsequently, the quality of life in our region.

To improve the quality of life in our communities through the support of health and wellness initiatives of essentia health and other organizations which promote healthier lifestyles and local access to quality health care services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$588,885$0▼ $588,885
Savings and Temporary Cash Investments$276,171$0▼ $276,171
Cash and Non-Interest-Bearing Accounts$67,320$0▼ $67,320
Total Assets$935,825$0▼ $935,825
Other Assets Total$3,449$0▼ $3,449
Liabilities
Accounts Payable and Accrued Expenses$2,319$0▼ $2,319
Total Liabilities$2,319$0▼ $2,319
Net Assets / Fund Balance
Unrestricted Net Assets$933,506$0▼ $933,506
Total Net Assets Fund Balance$933,506$0▼ $933,506
Total Liabilities and Net Assets / Fund Balance$935,825$0▼ $935,825
Compensation and Service Providers

Board Members and Trustees

NameTitle
John BaxterPresident
Brian KeuteDirector
Drew ElliotDirector
Gary CarlsonDirector
Mark LeeseDirector
Maureen SadarDirector
Ryan TurnerDirector
Shannon MalovrhDirector
Linda ScipioniTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$12,623
Program Service Revenue
$0
Investment Income
$274
Other Revenue
$-2,637
All Other Contributions
$8,373
Change in Net Assets
$-938,257
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$943,654
Other Expenses$4,863
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$939,758--$939,758
Grants to Domestic Individuals$3,896--$3,896
Fees for Services Accounting-$2,400-$2,400
Insurance-$1,288-$1,288
Other Expenses-$25-$25
Total Functional Expenses$943,654$4,863$0$948,517
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Essentia Health FoundationDuluth, MN170(b)(1)(a)(vi)Transfer Remaining Assets of Vrmc Foundation$796,223
Iron Range Rehabilitation CenterVirginia, MN509(a)(2)Electronic Medical Records$100,000
Mesabi Range College FoundationVirginia, MN170(b)(1)(a)(vi)Nursing/paramedic Sumulation Lab$25,000
Essentia Health VirginiaVirginia, MN115Medical Equipment$12,185
Laurentian Chamber of CommerceVirginia, MN501(c)(6)Silver Lake Walk Beautification$5,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$5,686
Fundraising Gross Income$3,049
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Mark leese and ryan turner - father-in-law/son-in-law

Form 990, Part VI, Section B, Line 11

Prior to filing, the 990 is provided to the governing body and reviewed. Each current director of the governing body received a final copy of the 990.

Form 990, Part VI, Section C, Line 18

The form 1023 and form 990 are available for inspection upon request.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are available upon request for the same period of disclosure as set forth in section 6104(d).

Filing and Contact Details

Filer

Filer Name
Vrmc Foundation Inc
EIN
41-1748809
Phone
2187499415
Address
901 9TH ST N, VIRGINIA, MN 55792

Signing Officer

Name
John Baxter
Title
President
Phone
2187499415
Signed
2015-06-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Baxter
Formed
1995
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
20

Preparer

Firm
Mcgladrey Llp
Address
227 W FIRST ST STE 700, DULUTH, MN 55802-1926
Preparer
Julie Boyer
Phone
2187275025
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

The organization ceased conducting its program and transferred all assets to the essentia health foundation.

Raw XML AppendixShowing 400 of 423 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02319
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO IMPROVE THE QUALITY OF LIFE IN OUR COMMUNITIES THROUGH THE SUPPORT OF HEALTH AND WELLNESS INITIATIVES OF ESSENTIA HEALTH AND OTHER ORGANIZATIONS WHICH PROMOTE HEALTHIER LIFESTYLES AND LOCAL ACCESS TO QUALITY HEALTH CARE SERVICES.
IRS990/AllOtherContributionsAmt08373
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KATHY JANKILA
IRS990/BooksInCareOfDetail/PhoneNum02187428646
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0901 9TH ST N
IRS990/BooksInCareOfDetail/USAddress/CityNm0VIRGINIA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055792
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt067320
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt04250
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt012623
IRS990/CYGrantsAndSimilarPaidAmt0943654
IRS990/CYInvestmentIncomeAmt0274
IRS990/CYOtherExpensesAmt04863
IRS990/CYOtherRevenueAmt0-2637
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-938257
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0948517
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt010260
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0TO IMPROVE THE QUALITY OF LIFE IN OUR COMMUNITIES THROUGH THE SUPPORT OF HEALTH AND WELLNESS INITIATIVES OF ESSENTIA HEALTH AND OTHER ORGANIZATIONS WHICH PROMOTE HEALTHIER LIFESTYLES AND LOCAL ACCESS TO QUALITY HEALTH CARE SERVICES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0943654
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02400
IRS990/FeesForServicesAccountingGrp/TotalAmt02400
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.30
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0RYAN TURNER
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN BAXTER
IRS990/Form990PartVIISectionAGrp/PersonNm2SHANNON MALOVRH
IRS990/Form990PartVIISectionAGrp/PersonNm3MARK LEESE
IRS990/Form990PartVIISectionAGrp/PersonNm4DREW ELLIOT
IRS990/Form990PartVIISectionAGrp/PersonNm5BRIAN KEUTE
IRS990/Form990PartVIISectionAGrp/PersonNm6LINDA SCIPIONI
IRS990/Form990PartVIISectionAGrp/PersonNm7MAUREEN SADAR
IRS990/Form990PartVIISectionAGrp/PersonNm8GARY CARLSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt04250
IRS990/FundraisingDirectExpensesAmt05686
IRS990/FundraisingGrossIncomeAmt03049
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt0943654
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt03896
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt03896
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0939758
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0939758
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt015946
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01288
IRS990/InsuranceGrp/TotalAmt01288
IRS990/InvestmentIncomeGrp/ExclusionAmt0274
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0274
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0588885
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE VRMC FOUNDATION HAS BEEN ESTABLISHED TO CREATE AN ENVIRONMENT WHICH WILL RESULT IN INCREASED PHILANTHROPIC SUPPORT FOR ESSENTIA HEALTH VIRGINIA. TO ACHIEVE THIS GOAL, THE FOUNDATION WILL DEVELOP PROGRAMS OF COMMUNITY EDUCATION, COMMUNITY INVOLVEMENT, COMMUNITY SERVICE AND PERSONAL CONTACT. THE FOUNDATION WILL IDENTIFY PRIORITIES, DIRECTIONS AND GOALS IN ACCORDANCE WITH THE PRIORITIES, DIRECTIONS AND GOALS OF ESSENTIA HEALTH VIRGINIA. THE FOUNDATION WILL FOCUS PRIMARILY ON PROVIDING MEDICAL EQUIPMENT AND CAPITAL PROJECTS NEEDED BY ESSENTIA HEALTH VIRGINIA. THROUGH THIS MISSION, THE VRMC FOUNDATION LOOKS TO ENHANCE THE QUALITY OF HEALTHCARE ON THE IRON RANGE AND, SUBSEQUENTLY, THE QUALITY OF LIFE IN OUR REGION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0933506
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-2637
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-2637
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt04751
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03449
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1BANK CHARGES
IRS990/OtherExpensesGrp/Desc2STATE FILING FEE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01040
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1110
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt225
IRS990/OtherExpensesGrp/TotalAmt01040
IRS990/OtherExpensesGrp/TotalAmt1110
IRS990/OtherExpensesGrp/TotalAmt225
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOHN BAXTER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt068841
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0123399
IRS990/PYInvestmentIncomeAmt0666
IRS990/PYOtherExpensesAmt04868
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-58760
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0128267
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt069507
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-938257
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0276171
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt012623
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt068841
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0386375
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0124175
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt020522
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0612536
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0274
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0666
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01143
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04841
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03761
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt010685
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt099052
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.54830
IRS990ScheduleA/PublicSupportPY170Pct00.59900
IRS990ScheduleA/PublicSupportTotal170Amt0341712
IRS990ScheduleA/SubstantialContributorsTotAmt0270824
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt012623
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt068841
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0386375
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0124175
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt020522
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0612536
IRS990ScheduleA/TotalSupportAmt0623221
IRS990/ScheduleBRequiredInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt012185
IRS990ScheduleI/RecipientTable/CashGrantAmt1100000
IRS990ScheduleI/RecipientTable/CashGrantAmt225000
IRS990ScheduleI/RecipientTable/CashGrantAmt3796223
IRS990ScheduleI/RecipientTable/CashGrantAmt45000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0115
IRS990ScheduleI/RecipientTable/IRCSectionDesc1509(A)(2)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2170(B)(1)(A)(VI)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3170(B)(1)(A)(VI)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(6)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0MEDICAL EQUIPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1ELECTRONIC MEDICAL RECORDS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2NURSING/PARAMEDIC SUMULATION LAB
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3TRANSFER REMAINING ASSETS OF VRMC FOUNDATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4SILVER LAKE WALK BEAUTIFICATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ESSENTIA HEALTH VIRGINIA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1IRON RANGE REHABILITATION CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2MESABI RANGE COLLEGE FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3ESSENTIA HEALTH FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4LAURENTIAN CHAMBER OF COMMERCE
IRS990ScheduleI/RecipientTable/RecipientEIN0460909870
IRS990ScheduleI/RecipientTable/RecipientEIN1410748488
IRS990ScheduleI/RecipientTable/RecipientEIN2363297854
IRS990ScheduleI/RecipientTable/RecipientEIN3271984704
IRS990ScheduleI/RecipientTable/RecipientEIN4510456882
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0901 NINTH STREET NORTH
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1901 NINTH STREET NORTH SUITE 100
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt21001 WEST CHESTNUT STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3502 EAST 2ND STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4704 SIXTH AVENUE NORTH SUITE B
IRS990ScheduleI/RecipientTable/USAddress/CityNm0VIRGINIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm1VIRGINIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm2VIRGINIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm3DULUTH
IRS990ScheduleI/RecipientTable/USAddress/CityNm4VIRGINIA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3MN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4MN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd055792
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd155792
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd255792
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd355805
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd455792
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANT REQUESTS RECEIVED BY VRMC FOUNDATION LIST THE SPECIFIC USE FOR THE GRANT. THE GRANT REQUESTS ARE APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt04
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd01
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0$796,233 OF CASH WAS DISTRIBUTED TO THE ESSENTIA HEALTH FOUNDATION. THE VRMC FOUNDATION, INC. WILL BE INCLUDED ON THE ESSENTIA HEALTH FOUNDATION TAX RETURN FOR FUTURE YEARS.
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0ESSENTIA HEALTH FOUNDATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02014-11-10
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0271984704
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0796223
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0170(B)(1)(A)(VI)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0CASH DISTRIBUTED
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0502 EAST 2ND STREET
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0DULUTH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0MN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd055805
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0PERSON(S) INVOLVED: RYAN TURNER, JOHN BAXTER, SHANNON MALOVRH, MARK LEESE, DREW ELLIOT, BRIAN KEUTE, LINDA SCIPIONI, MAUREEN SADAR, AND GARY CARLSON
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt1EXPLANATION OF INVOLVEMENT: ALL BOARD MEMBERS AT THE TIME THE ASSETS WERE TRANSFERRED BECAME BOARD MEMBERS OF THE ESSENTIA HEALTH FOUNDATION.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2E:
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 2E:
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION CEASED CONDUCTING ITS PROGRAM AND TRANSFERRED ALL ASSETS TO THE ESSENTIA HEALTH FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MARK LEESE AND RYAN TURNER - FATHER-IN-LAW/SON-IN-LAW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR TO FILING, THE 990 IS PROVIDED TO THE GOVERNING BODY AND REVIEWED. EACH CURRENT DIRECTOR OF THE GOVERNING BODY RECEIVED A FINAL COPY OF THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 1023 AND FORM 990 ARE AVAILABLE FOR INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt0935825
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt0935825
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt012623
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04863
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0943654
IRS990/TotalFunctionalExpensesGrp/TotalAmt0948517
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02319
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt02319
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0933506
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0943654
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-2363
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt010260
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0935825
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0933506
IRS990/UnrestrictedNetAssetsGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0901 9TH ST N
IRS990/USAddress/CityNm0VIRGINIA
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055792
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.VRMC.ORG/VRMCFOUNDATION.HTML
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN BAXTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT

Document Assets

No mirrored PDF or thumbnail assets are attached yet.