Asante Foundation
Nonprofit profile at a glance
- EIN
- 936087366
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Medford, OR, USA
- Phone
- 5417895590
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospital, General
Reported finances
- Revenue
- $7,544,923
- Expenses
- $10,765,003
- Assets
- $85,317,069
- Liabilities
- $47,167,466
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
23 people listed
Highest reported compensation
- TOM GESSEL (TRUSTEE): $1,586,721 total reported compensation
- HEATHER ROWENHORST (CHIEF FINANCIAL OFFICER): $712,731 total reported compensation
- CHRISTOPHER DAVID MD (TRUSTEE): $430,303 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The asante foundation's primary exempt purpose is to raise monies and in-kind donations to further the exempt purpose of asante, a 501(c)(3) hospital and healthcare system which services the healthcare needs of the citizens of southern Oregon.
What it reported doing in 2024
Asante foundation's primary program service is to assess and support the needs of the hospitals and communities it serves through philanthropic investment in clinical programs, equipment, and capital projects. During fiscal year 2025, the foundation raised more than $7.65 million to benefit departments and initiatives across asante.approximately $1.76 million supported asante cancer services, including $197,000 in patient assistance funds for transportation, lodging, and other health-related social needs, and $47,500 to offset costs of mammograms and biopsies not covered by insurance. The foundation also provided over $468,000 for cardiac cath lab renovation and more than $69,000 for simulation lab equipment.at rogue regional medical center in medford, Oregon, the foundation provided $1.7 million for children's health, including $829,000 designated for future needs of the olsrud family women's and children's hospital. Additional support included $257,000 for behavioral health and $47,500 for forensic medical services, along with funding for surgical, critical care, and end-of-life services.
Operating model
- Revenue model
- Donor-supported. 81% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 99% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 71
- Accountability: 81
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 80.4%; rating input score 80
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 85.7%; rating input score 86; 17th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Limited
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -42.7%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 7.93; rating input score 89; 89th percentile among comparable filings
- Liabilities to assets ratio: 0.55; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 1.8%; rating input score 77; 77th percentile among comparable filings
Growth
- Program expense growth: 21.8% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 10% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: 12% per year; rating input score 100; 66th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 80.4% of spending went to programs
- Governance: 18 of 21 board members independent · 6 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $8.7M in reported program spending
- Leadership: top reported pay $1.6M · 23 people listed · 0 of 6 pay-setting controls reported
- Consistency: 27 of 27 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 4 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Operating margin scored 3/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Sustainability: Liabilities to assets ratio scored 19/100.