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Bridgewater Healthcare Foundation Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Health — General and Rehabilitative / Community Health Systems (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$6.98M (2024)

Expenses
$1.87M (2024)

Total Assets
$31.6M (2024)

Total Liabilities
$7.03M (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,975,571
Expenses
$1,866,253
Net Income
$5,109,318
Net Assets
$24,554,067
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,938,232
27.8%
Program Services $54,959
0.8%
Investment Income $4,984,780
71.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,400
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $204,966
11.0%
Professional Fundraising Fees $0
Other Salaries and Wages $100,585
5.4%
Assets/Debt
Total Assets $31,585,174
Total Liabilities $7,031,107
Net Assets $24,554,067
Compensation
Key Employees and Officers Compensation Related Other
Carolyn Budd (Vice President) $119,212 $0 $20,094
Tammy Jordan (Secretary) $55,662 $0 $9,997
Rodney Alderfer (President & Ceo) $0 $281,616 $28,786
James Weaver (Treasurer) $0 $187,212 $20,966
Theodore Flory (Director) $0 $0 $0
Stephan Hess (Director) $0 $0 $0
Robert Armbruster (Director) $0 $0 $0
Matt Robinson (Chairman) $0 $0 $0
Janessa Baker (Vice Chairman) $0 $0 $0
Bill Blair (Director) $0 $0 $0
Hattie Driver (Director) $0 $0 $0
Anita Beckman (Director) $0 $0 $0
Cindy Moyers (Director) $0 $0 $0
Sally Jane Conner (Director) $0 $0 $0
Beverly Eye (Director) $0 $0 $0
Heather Barkey (Director) $0 $0 $0
Ray Albers (Director) $0 $0 $0
Rufus Huffman (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,937,822
Expenses
$2,781,612
Net Income
-$843,790
Net Assets
$19,444,749
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,219,080
62.9%
Program Services $10,905
0.6%
Investment Income $1,971,872
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,264,035
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $188,421
6.8%
Professional Fundraising Fees $0
Other Salaries and Wages $107,268
3.9%
Assets/Debt
Total Assets $26,083,945
Total Liabilities $6,639,196
Net Assets $19,444,749
Compensation
Key Employees and Officers Compensation Related Other
Carolyn Budd (Vice President) $106,625 $0 $18,566
Tammy Jordan (Secretary) $53,691 $0 $9,540
Rodney Alderfer (President & Ceo) $0 $275,655 $28,527
James Weaver (Treasurer) $0 $181,957 $20,070
Theodore Flory (Director) $0 $0 $0
Stephan Hess (Director) $0 $0 $0
Robert Armbruster (Director) $0 $0 $0
Matt Robinson (Chairman) $0 $0 $0
Janessa Baker (Vice Chairman) $0 $0 $0
Bill Blair (Director) $0 $0 $0
Hattie Driver (Director) $0 $0 $0
Jerry Ruff (Director) $0 $0 $0
Cindy Tusing (Director) $0 $0 $0
Sally Jane Conner (Director) $0 $0 $0
Beverly Eye (Director) $0 $0 $0
Heather Barkey (Director) $0 $0 $0
Ray Albers (Director) $0 $0 $0
Rufus Huffman (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$867,097
Expenses
$1,880,282
Net Income
-$1,013,185
Net Assets
$20,288,539
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,641,062
> 100%
Program Services $0
Investment Income -$2,773,965
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $185,105
9.8%
Professional Fundraising Fees $0
Other Salaries and Wages $85,963
4.6%
Assets/Debt
Total Assets $27,011,782
Total Liabilities $6,723,243
Net Assets $20,288,539
Compensation
Key Employees and Officers Compensation Related Other
Carrie Budd (Vice President) $103,863 $0 $18,287
Tammy Jordan (Secretary) $52,269 $0 $10,687
Rodney Alderfer (President & Ceo) $0 $273,539 $27,884
James Weaver (Treasurer) $0 $171,947 $19,402
Theodore Flory (Director) $0 $0 $0
Stephan Hess (Director) $0 $0 $0
Robert Armbruster (Director) $0 $0 $0
Matt Robinson (Vice Chairman) $0 $0 $0
Janessa Baker (Director) $0 $0 $0
Jerry Ruff (Director) $0 $0 $0
Cindy Tusing (Director) $0 $0 $0
Sally Jane Conner (Director) $0 $0 $0
Heather Barkey (Director) $0 $0 $0
Connie Minnick (Chairman) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,081,410
Expenses
$1,845,490
Net Income
$3,235,920
Net Assets
$21,301,724
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,033,459
20.3%
Program Services $0
Investment Income $4,047,951
79.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $182,529
9.9%
Professional Fundraising Fees $0
Other Salaries and Wages $87,066
4.7%
Assets/Debt
Total Assets $27,798,168
Total Liabilities $6,496,444
Net Assets $21,301,724
Compensation
Key Employees and Officers Compensation Related Other
Carrie Budd (Vice President) $103,519 $0 $18,292
Tammy Jordan (Secretary) $49,820 $0 $10,898
Rodney Alderfer (President & Ceo) $0 $254,059 $27,324
James Weaver (Treasurer) $0 $164,425 $18,976
Theodore Flory (Director) $0 $0 $0
Erin Layman (Director) $0 $0 $0
Tom Mendez (Director) $0 $0 $0
Matt Robinson (Vice Chairman) $0 $0 $0
Janessa Baker (Director) $0 $0 $0
Craig Landes (Director) $0 $0 $0
Dean Withers (Director) $0 $0 $0
Jerry Ruff (Director) $0 $0 $0
Cindy Tusing (Director) $0 $0 $0
Sally Jane Conner (Director) $0 $0 $0
Kent Stoneburner (Director) $0 $0 $0
Heather Barkey (Director) $0 $0 $0
Connie Minnick (Chairman) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,114,436
Expenses
$2,595,052
Net Income
$519,384
Net Assets
$18,065,804
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,685,064
86.2%
Program Services $0
Investment Income $427,203
13.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,169
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $171,644
6.6%
Professional Fundraising Fees $0
Other Salaries and Wages $84,005
3.2%
Assets/Debt
Total Assets $24,176,353
Total Liabilities $6,110,549
Net Assets $18,065,804
Compensation
Key Employees and Officers Compensation Related Other
Carrie Budd (Vice President) $96,871 $0 $18,221
Tammy Jordan (Secretary) $47,477 $0 $9,075
Rodney Alderfer (President & Ceo) $0 $208,064 $14,528
James Weaver (Treasurer) $0 $155,294 $18,947
Theodore Flory (Director) $0 $0 $0
Erin Layman (Director) $0 $0 $0
Tom Mendez (Director) $0 $0 $0
Matt Robinson (Director) $0 $0 $0
Henry Hawkins (Director) $0 $0 $0
Craig Landes (Chairman) $0 $0 $0
Dean Withers (Director) $0 $0 $0
Edgar Simmons (Director) $0 $0 $0
Cindy Tusing (Director) $0 $0 $0
Sally Jane Conner (Director) $0 $0 $0
Kent Stoneburner (Director) $0 $0 $0
Connie Minnick (Vice Chairman) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,922,931
Expenses
$2,575,105
Net Income
-$652,174
Net Assets
$17,546,420
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,153,081
60.0%
Program Services $0
Investment Income $758,292
39.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $11,558
0.6%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $170,236
6.6%
Professional Fundraising Fees $0
Other Salaries and Wages $85,473
3.3%
Assets/Debt
Total Assets $24,384,701
Total Liabilities $6,838,281
Net Assets $17,546,420
Compensation
Key Employees and Officers Compensation Related Other
Carrie Budd (Vice President) $96,070 $0 $18,167
Tammy Jordan (Secretary) $46,956 $0 $9,043
Theodore Flory (Director) $0 $0 $0
Seth Berkey (Director) $0 $0 $0
Tom Mendez (Director) $0 $0 $0
William Groseclose Iii (Director) $0 $0 $0
Henry Hawkins (Director) $0 $0 $0
Craig Landes (Chairman) $0 $0 $0
Dean Withers (Director) $0 $0 $0
Edgar Simmons (Director) $0 $0 $0
Cindy Tusing (Director) $0 $0 $0
Cathy Leitner (Director) $0 $0 $0
Connie Minnick (Vice Chairman) $0 $0 $0
Rodney Alderfer (President & Ceo) $0 $211,912 $16,037
James Weaver (Treasurer) $0 $153,364 $18,835

Document Links

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,403,914
Expenses
$2,610,641
Net Income
$2,793,273
Net Assets
$18,198,594
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,617,221
66.9%
Program Services $0
Investment Income $1,772,357
32.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $14,336
0.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $162,627
6.2%
Professional Fundraising Fees $64,057
2.5%
Other Salaries and Wages $110,745
4.2%
Assets/Debt
Total Assets $25,045,071
Total Liabilities $6,846,477
Net Assets $18,198,594
Compensation
Key Employees and Officers Compensation Related Other
Carrie Budd (Vice President) $89,927 $0 $17,960
Tammy Jordan (Secretary) $45,786 $0 $8,954
Bob Wheatley (Director) $0 $0 $0
Seth Berkey (Director) $0 $0 $0
Tom Mendez (Director) $0 $0 $0
William Groseclose Iii (Director) $0 $0 $0
Henry Hawkins (Director) $0 $0 $0
Craig Landes (Vice Chairman) $0 $0 $0
W Steve Watson (Chairman) $0 $0 $0
Edgar Simmons (Director) $0 $0 $0
Cindy Tusing (Director) $0 $0 $0
Cathy Leitner (Director) $0 $0 $0
Connie Minnick (Director) $0 $0 $0
Rodney Alderfer (President & Ceo) $0 $200,183 $22,294
James Weaver (Treasurer) $0 $150,866 $18,728

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,866,997
Expenses
$1,839,598
Net Income
$1,027,399
Net Assets
$15,405,321
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,297,410
45.3%
Program Services $0
Investment Income $1,556,161
54.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $13,426
0.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $154,581
8.4%
Professional Fundraising Fees $86,212
4.7%
Other Salaries and Wages $106,084
5.8%
Assets/Debt
Total Assets $21,563,945
Total Liabilities $6,158,624
Net Assets $15,405,321
Compensation
Key Employees and Officers Compensation Related Other
Carrie Budd (Vice President) $90,088 $0 $16,792
Marilyn Miller (Secretary) $39,640 $0 $8,061
Bob Wheatley (Chairman) $0 $0 $0
Seth Berkey (Director) $0 $0 $0
Dwight Miller (Director) $0 $0 $0
William Groseclose Iii (Director) $0 $0 $0
Henry Hawkins (Director) $0 $0 $0
Craig Landes (Director) $0 $0 $0
W Steve Watson (Vice Chairman) $0 $0 $0
Edgar Simmons (Director) $0 $0 $0
Cathy Leitner (Director) $0 $0 $0
Connie Minnick (Director) $0 $0 $0
Rodney Alderfer (President & Ceo) $0 $181,974 $11,370
James Weaver (Treasurer) $0 $144,228 $14,456

Document Links

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,096,413
Expenses
$1,540,611
Net Income
$555,802
Net Assets
$14,377,922
Notable Sources of Revenue Percent of Total Revenue
Contributions $931,175
44.4%
Program Services $0
Investment Income $1,139,429
54.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $25,809
1.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $146,705
9.5%
Professional Fundraising Fees $0
Other Salaries and Wages $85,034
5.5%
Assets/Debt
Total Assets $19,856,129
Total Liabilities $5,478,207
Net Assets $14,377,922
Compensation
Key Employees and Officers Compensation Related Other
Carrie Budd (Vice President) $86,306 $0 $15,681
Marilyn Miller (Secretary) $41,708 $0 $3,011
Bob Wheatley (Chairman) $0 $0 $0
Seth Berkey (Director) $0 $0 $0
Dwight Miller (Director) $0 $0 $0
William Groseclose Iii (Director) $0 $0 $0
Henry Hawkins (Director) $0 $0 $0
Craig Landes (Director) $0 $0 $0
W Steve Watson (Vice Chairman) $0 $0 $0
Edgar Simmons (Director) $0 $0 $0
Sidney Grove (Director) $0 $0 $0
Jeff Schleifer (Director) $0 $0 $0
Rodney Alderfer (President & Ceo) $0 $175,269 $13,306
James Weaver (Treasurer) $0 $147,973 $11,616

Document Links

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,229,779
Expenses
$1,595,950
Net Income
-$366,171
Net Assets
$13,822,120
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,374,575
> 100%
Program Services $0
Investment Income -$148,665
Bond Proceeds $0
Royalties $0
Rental Property Income $3,869
0.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $146,173
9.2%
Professional Fundraising Fees $0
Other Salaries and Wages $84,145
5.3%
Assets/Debt
Total Assets $18,803,575
Total Liabilities $4,981,455
Net Assets $13,822,120

Document Links

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,373,740
Expenses
$1,424,031
Net Income
$949,709
Net Assets
$14,188,291
Notable Sources of Revenue Percent of Total Revenue
Contributions $942,326
39.7%
Program Services $0
Investment Income $1,426,756
60.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,658
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $133,686
9.4%
Professional Fundraising Fees $13,022
0.9%
Other Salaries and Wages $51,531
3.6%
Assets/Debt
Total Assets $18,705,732
Total Liabilities $4,517,441
Net Assets $14,188,291

Document Links

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,389,401
Expenses
$1,907,354
Net Income
$482,047
Net Assets
$13,238,582
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,434,254
60.0%
Program Services $0
Investment Income $940,855
39.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $14,292
0.6%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $134,725
7.1%
Professional Fundraising Fees $55,454
2.9%
Other Salaries and Wages $70,312
3.7%
Assets/Debt
Total Assets $17,724,153
Total Liabilities $4,485,571
Net Assets $13,238,582

Document Links

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,990,578
Expenses
$1,350,040
Net Income
$1,640,538
Net Assets
$12,756,535
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,254,205
41.9%
Program Services $0
Investment Income $1,903,483
63.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $14,395
0.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$181,505
Notable Expenses Percent of Total Expenses
Executive Compensation $119,920
8.9%
Professional Fundraising Fees $0
Other Salaries and Wages $65,265
4.8%
Assets/Debt
Total Assets $16,640,554
Total Liabilities $3,884,019
Net Assets $12,756,535

Document Links

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,570,856
Expenses
$1,715,423
Net Income
-$144,567
Net Assets
$11,115,997
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,533,515
97.6%
Program Services $0
Investment Income $4,166
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $14,500
0.9%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $18,675
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $136,090
7.9%
Professional Fundraising Fees $0
Other Salaries and Wages $44,612
2.6%
Assets/Debt
Total Assets $14,882,061
Total Liabilities $3,766,064
Net Assets $11,115,997

Document Links

Fiscal Year Ending Sept.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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