SUNSHINE TERRACE FOUNDATION INC

SUNSHINE TERRACE FOUNDATION INC

Logan, UT, US
501(c)3
EIN
87-0208619

SUNSHINE TERRACE FOUNDATION INC

Logan, UT, US
501(c)3
EIN
87-0208619

Overview

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Est.

1947

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

SUNSHINE TERRACE FOUNDATION INC is a 501(c)(3) charitable nonprofit organization dedicated to providing healthcare services, primarily through its skilled nursing facility, to individuals in need within the community and beyond. With an operating budget of $14.5 million and total revenue of $14.3 million for the fiscal year 2024, the foundation benefits from a diverse range of funding sources, with no single funder contributing 50% or more of its revenue. Governed by a board of directors with varied expertise, the organization has been serving the community for over 71 years, emphasizing its mission to enhance the quality of life for its residents. For more information, visit their website at www.sunshineterrace.com.

Mission Statement

ORGANIZATION: SUNSHINE TERRACE FOUNDATION IS IN OUR 71ST YEAR OF SERVICE TO OUR COMMUNITY. AS A 501(C)(3) CHARITABLE NON-PROFIT HEALTH CARE PROVIDER AS A NON-PROFIT FOUNDATION. WE WERE FORMED TO CARRY OUT A PUBLIC PURPOSE. WE ARE HONORED TO HAVE 5 APPOINTED TRUSTEE EMERITI. WE ARE GOVERNED BY A BOARD OF DIRECTORS WITH VARIED BACKGROUNDS. OUR BOARD MEMBERS INCLUDE SUCCESSFUL EDUCATORS, BUSINESS MEN AND WOMEN WHO VOLUNTEER FROM OUR COMMUNITY. THEY PROVIDE US WITH VALUABLE BUSINESS INSGHT AND STRATEGIC DIRECTION FOR OUR FUTURE. THROUGH THE COLLABORATING EFFORTS OF A VERY SUPPORTIVE COMMUNITY NETWORK, OUR CAMPUS OF CARE HAS REACHED LITERALLY THOUSANDS OF INDIVIDUALS BOTH INSIDE OUT OUTSIDE OF OUR STATE WHO HAVE NEEDED HEALTH CARE ASSISTANCE. OUR VISION IS TO BRING MORE TO LIFE. OUR SERVICES: AS A FOUNDATION WE PROVIDE A CONTINUUM OF SERVICES THAT HELP US MEET THE NEEDS OF OUR COMMUNITY. OUR SKILLED NURSING FACILITY PROVIDES POST-SERVICES THAT HELP US MEET THE NEEDS OF OUR COMMUNITY. OUR SK
Revenues

$14.3M

Expenses

$14.5M

Net Income:
-$129.9K
Assets

$10.5M

Liabilities

$2.9M

Net Assets:
+$7.6M
Operating Budget

$14.5M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

4

Median grant size
$11K
Largest grant received
$250K
B
Bryan Erickson
Board Member
B
Brad Rasmussen
Board Member
R
Richard Hatch
Board Member

Frequently Asked Questions

What is SUNSHINE TERRACE FOUNDATION INC’s budget?
In 2024, SUNSHINE TERRACE FOUNDATION INC reported an annual operating budget of around $14.5 million. More detailed financial information is available to registered users.
What causes does SUNSHINE TERRACE FOUNDATION INC support?
SUNSHINE TERRACE FOUNDATION INC supports work in Nursing homes.
Where does SUNSHINE TERRACE FOUNDATION INC operate?
SUNSHINE TERRACE FOUNDATION INC is headquartered in Logan, UT.
Who funded SUNSHINE TERRACE FOUNDATION INC recently?
In 2024, SUNSHINE TERRACE FOUNDATION INC received grants from Wasatch Sunshine Terrace Support Foundation, KATHRYN CAINE WANLASS CHARITABLE FOUNDATION, and MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC. More information on this organization’s funders is available to registered users.
What is the largest grant SUNSHINE TERRACE FOUNDATION INC received in 2024?
The largest grant to SUNSHINE TERRACE FOUNDATION INC in 2024 exceeds $250 thousand.
What is SUNSHINE TERRACE FOUNDATION INC’s reliance on government grants?
SUNSHINE TERRACE FOUNDATION INC relied on government grants for less than 5% of their total revenue in 2024.
Overview
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