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Foundation for Mount Nittany Medical Center

Public charity
DBA: MEDICAL CENTER INC
Other · STATE COLLEGE, PA · EIN 57-1138956

About

To provide fundraising and other support to further the charitable, educational, and scientific purposes of its controlling entity, mount nittany health system.

DBA Medical Center INC

Donations are tax-deductible
Category
Other
Employees
5
Volunteers
81

Financial Snapshot

FY ending 2023-06-30
Revenue
$6.3M
Expenses
$3.9M
Assets
$19.5M
Liabilities
$297K

Financial history

$6.3M$3.1M$0
17181920212223
RevenueExpenses
Latest FY2023: $6.3M · Avg: $4.5M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$2.9M
FOUNDATION FOR MOUNT NITTANY MEDICAL CENTER
Your actions

Address

155 Wellness Way
State College, PA, 16803-670

Governance

Voting board members9
Independent members8
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %28.0%
Permanent endowment %72.0%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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