Vmp Foundation, INC. Solicits and controls assets for the benefit of methodist manor, INC., methodist manor health center, INC., and methodist manor of waukesha, INC.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
Run by 5 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $59K a year · 16% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
4 mo
of spending, in cash
Plus $2.4M in investments, Pt X · Ln 11–13
Looks good: 4.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$2.0M
25% of total assets
Looks good: liabilities are 25% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$285K
+544% vs prior year
Spent
$162K
To programs
86%
Net assets
$5.9M
By yearFY2020–FY2024
Revenue
$285K
FY2024▲ +544%
Tap a bar for its year
Revenue by fiscal year
FY2020$515K
FY2021$718K
FY2022$284K
FY2023$44K
FY2024$285K
Expenses
$162K
FY2024▼ -24%
Tap a bar for its year
Expenses by fiscal year
FY2020$586K
FY2021$596K
FY2022$582K
FY2023$212K
FY2024$162K
Net assets
$5.9M
FY2024▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.8M
FY2021$6.9M
FY2022$5.3M
FY2023$5.7M
FY2024$5.9M

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1976.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $139K Management & general 14% · $22K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation
Chairman of the Board
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Chief Clinical Officer
$0Pt VII · Sec A
$0Pt VII · Sec A
See Vmp Foundation INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Raises and manages money for Methodist Manor facilities.

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Provided by the organization

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1 program · $139K · in their own filed words · FY2024
01

VMP foundation is the sole member of the village of manor park, inc. The village of manor park, inc. Is the sole MEMBER/PARENT of methodist manor health center, inc., and methodist manor of waukesha, inc. VMP holds and distribute donations for related facilities.

$139Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 7 grants · $727K · 2021–2024
Unitemized GrantFY2023$16,345
Unitemized GrantFY2022$6,500
Unitemized GrantFY2021$9,950

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$285K
Ln 12
Investment incomeLn 3$234K
Gifts and grantsLn 1h$51K
Money outPt IX
$162K
Ln 25
Programscol B$139K
Managementcol C$22K
Owns and owesPt X
$5.9M
net assets · Ln 32
Cash and savingsLn 1–2$58K
Total assetsLn 16$8.0M
LiabilitiesLn 26$2.0M
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$51K
Investment incomeLn 3$234K
Gains on assetsLn 7$100K
Total revenueLn 12$285K
Assets in detailPt X, end of year
CashLn 1$58K
Cash and savings togetherLn 1–2$58K
InvestmentsLn 11–13$2.4M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$5.5M
Total assetsLn 16$8.0M
LiabilitiesLn 26$2.0M
Net assetsLn 32$5.9M
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$20K$58K
InvestmentsLn 11–13$4.4M$2.4M
Land, buildings, equipmentLn 10c$429$0
Total assetsLn 16$7.7M$8.0M
LiabilitiesLn 26$1.9M$2.0M
Net assetsLn 32$5.7M$5.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$66K$66K
Grants to domestic individualsLn 2$4K$4K
Other salaries and wagesLn 7$48K$48K
Pension plan contributionsLn 8$2K$2K
Other employee benefitsLn 9$3K$3K
Payroll taxesLn 10$3K$3K
Investment management feesLn 11f$19K$19K
Other fees for servicesLn 11g$4K$4K
Advertising and promotionLn 12$228$228
Office expensesLn 13$11K$11K
Depreciation, depletion and amortizationLn 22$429$429
Total functional expensesLn 25$162K$139K$22K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $285K$162K$124K$5.9M 990 PDF
FY2023 $44K$212K−$168K$5.7M 990 PDF
FY2022 $284K$582K−$298K$5.3M 990 PDF
FY2021 $718K$596K$122K$6.9M 990 PDF
FY2020 $515K$586K−$71K$6.8M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $285,016 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $49,750$50,706
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year −$5,473$234,310
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $44,277$285,016
I-13 Grants and similar amounts paidPrior year $35,586$70,883
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $118,641$56,185
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $58,130$34,447
I-18 Total expensesPrior year $212,357$161,515
I-19 Revenue less expensesPrior year −$168,080$123,501
Part VI · Governance 5 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $285,016 across 5 lines filed
VIII-1f All other contributions, gifts and grants$50,706
VIII-1h Total contributions, gifts and grants$50,706
VIII-3 Investment incomeExcluded from tax $134,722$134,722
VIII-7 Net gain or loss on sales of assetsExcluded from tax $99,588$99,588
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $234,310$285,016
Part IX · Statement of functional expenses $161,515 across 11 lines filed
IX-1 Grants to domestic organizationsPrograms $66,473$66,473
IX-2 Grants to domestic individualsPrograms $4,410$4,410
IX-7 Other salaries and wagesPrograms $47,672$47,672
IX-8 Pension plan contributionsPrograms $2,293$2,293
IX-9 Other employee benefitsPrograms $3,484$3,484
IX-10 Payroll taxesPrograms $2,736$2,736
IX-11f Investment management feesManagement $18,771$18,771
IX-11g Other fees for servicesManagement $3,611$3,611
IX-12 Advertising and promotionPrograms $228$228
IX-13 Office expensesPrograms $11,408$11,408
IX-22 Depreciation, depletion and amortizationPrograms $429$429
IX-25 Total functional expensesPrograms $139,133 · Management $22,382 · Fundraising $0$161,515
Part X · Balance sheet $7,950,015 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $20,426$57,944
X-10c Land, buildings and equipment, netStart of year $429$0
X-11 Publicly traded securitiesStart of year $4,359,626$2,382,553
X-15 Other assetsStart of year $3,314,109$5,509,518
X-16 Total assetsStart of year $7,694,590$7,950,015
X-17 Accounts payable and accrued expensesStart of year $6,476$2,898
X-25 Other liabilitiesStart of year $1,940,770$2,018,884
X-26 Total liabilitiesStart of year $1,947,246$2,021,782
X-27 Net assets without donor restrictionsStart of year $3,882,316$4,102,563
X-28 Net assets with donor restrictionsStart of year $1,865,028$1,825,670
X-32 Total net assets or fund balancesStart of year $5,747,344$5,928,233
X-33 Total liabilities and net assetsStart of year $7,694,590$7,950,015
Part XI · Reconciliation of net assets $5,928,233 net assets at year end
XI-1 Total revenue$285,016
XI-2 Total expenses$161,515
XI-3 Revenue less expenses$123,501
XI-4 Net assets at start of year$5,747,344
XI-5 Net unrealized gains (losses) on investments$57,388
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$5,928,233

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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