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Minnesota · Nonprofit

Central Mesabi Medical Foundation

Central Mesabi Medical Foundation (Minnesota) receives grants from 7 organizations whose IRS filings report $188,157 to it, the largest being Owens Family Charitable Foundation ($114,500). 4 of them have funded it in more than one year.

Revenue FY2025
$196k
Funders on record
7
Grants received
$188k
Net assets
$1.9M
4/7 repeat funderspeak grant-dependency 41%
01What it does

What Central Mesabi Medical Foundation does

Mission

Supporting the region serviced by the area hospital The foundation raises funds to purchase the most highly advanced equipment along with funding educational and operational programs that enhance the delivery of health care in Northeastern Minnesota

As stated on its FY2025 Form 990.

Program

  1. To provide support to area medical facilities by partnering with individuals and organizations in the area to enhance healthcare resources and maximize availability of healthcare opportunities. To provide assistance to students entering the health care profession and promote community health awareness.

    $83,386 spentof which $83,362 as grants$195,945 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $83,386.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($343k) Expenses 100 ($212k) Net assets 100 ($1.5M)2018 Revenue 79 ($269k) Expenses 141 ($299k) Net assets 89 ($1.3M)2019 Revenue 124 ($425k) Expenses 123 ($260k) Net assets 105 ($1.5M)2020 Revenue 46 ($158k) Expenses 61 ($128k) Net assets 112 ($1.6M)2021 Revenue 93 ($319k) Expenses 98 ($207k) Net assets 117 ($1.7M)2022 Revenue 43 ($149k) Expenses 74 ($157k) Net assets 103 ($1.5M)2023 Revenue 64 ($218k) Expenses 84 ($178k) Net assets 113 ($1.7M)2024 Revenue 104 ($355k) Expenses 119 ($251k) Net assets 115 ($1.7M)2025 Revenue 57 ($196k) Expenses 50 ($106k) Net assets 131 ($1.9M)
'17'18'19'20'21'22'23'24'25
Revenue (57)Expenses (50)Net assets (131)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $1.7M to $1.9M (+14%).

$1.5M
$1.3M
$1.5M
$1.6M
$1.7M
$1.5M
$1.7M
$1.7M
$1.9M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$131k
’17
−$30k
’18
$166k
’19
$29k
’20
$112k
’21
−$8k
’22
$40k
’23
$104k
’24
$90k
’25
12
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Stephany Vesel

Executive Director

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2024 and FY2025 filings.

'17'18'19'20'21'22'23'24'25
Listed161819191910171615
Joined·+4+2+0+0+0+8+3+3
No longer listed·21009144
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 3 funders to 2 funders, grant income rose $17k → $43k.

2 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 4% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Central Mesabi Medical Foundation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Central Mesabi Medical Foundation leans on a few funders — its largest provides 61% of grant income and the top three 94%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

61%
largest funder
94%
top three
~2
effective funders

Largest funder’s share by year: 2017 57% · 2018 100% · 2019 84% · 2020 56% · 2021 65% · 2022 88% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

Central Mesabi Medical Foundation draws 63% of its grant income from funders outside Minnesota, across 2 states in all.

MN
DE

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Minnesota out of state home

Funder states come from each funder’s own filing. $7k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like Central Mesabi Medical Foundation

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

78% of spending goes to programs.

Program 78%Management 21%Fundraising 0%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

69%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MN

Screen this organization

A dated, signed PDF of the compliance screen for Central Mesabi Medical Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Central Mesabi Medical Foundation?
Central Mesabi Medical Foundation (Minnesota) receives grants from 7 organizations whose IRS filings report $188,157 to it, the largest being Owens Family Charitable Foundation ($114,500). 4 of them have funded it in more than one year.
How many funders does Central Mesabi Medical Foundation have?
IRS filings report 7 organizations giving $188,157 in grants to Central Mesabi Medical Foundation, 4 of which have funded it in more than one year.
Who is the largest funder of Central Mesabi Medical Foundation?
Owens Family Charitable Foundation is the largest funder on record, with $114,500 in grants. The full list of funders is on this page.
How can an organization like Central Mesabi Medical Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing