ELY Health and Hospital Fund
To receive funds and make distributions to organizations that qualify as exempt organizations under code section 501(c)(3) and to promote the health of the residents of the communities served by the ely-bloomenson community hospital, a Minnesota nonprofit corporation.
ELY Health and Hospital Fund at a glance
- Total assets
- $17,769,076
- +11.8% vs 2024
- Revenue (2025)
- $588,125
- +180.4% vs 2024
- Net investment income (2025)
- $588,125
- +192.1% vs 2024
- Expenses (2025)
- $29,307
- -17.1% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who ELY Health and Hospital Fund funds
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2019 it made 1 grant totaling $150K.
Ready to take the next step with ELY Health and Hospital Fund?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $17,769,076 | $588,125 | $29,307 | — | — | $588,125 |
| 2024 | $15,888,329 | $209,709 | $35,335 | — | — | $201,325 |
| 2023 | $12,952,939 | $358,000 | $31,117 | — | — | $349,616 |
| 2022 | $11,523,268 | $928,013 | $29,170 | — | — | $919,629 |
| 2021 | $14,069,644 | $217,176 | $28,025 | — | — | $217,176 |
| 2020 | $12,348,752 | $125,559 | $329 | — | — | $125,006 |
| 2019 | $12,626,357 | $821,264 | $150,000 | $150,000 | 1 | $819,014 |
About ELY Health and Hospital Fund
Based on IRS filings
ELY Health and Hospital Fund is a public charity focused on Health, based in ELY, MN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $17.8M in total assets. Net investment income was $588K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
ELY Health and Hospital Fund is led by Patti Banks, CEO on every filing since 2020; none of the 11 officers listed in 2025 report compensation.
Officers on the 2025 filing
Patti Banks
CEO
On filings since 2020
0.3 hrs/week
No compensation reported
Devon Luthens
President
Director → Vice President, 2023
Vice President → President, 2024
On filings since 2019
0.3 hrs/week
No compensation reported
Mary Ann Smith
Director
Director Begin → Director, 2023
On filings since 2022
0.3 hrs/week
No compensation reported
John Saw
Director
On filings since 2023
0.3 hrs/week
No compensation reported
Riana Hegman
Director
On filings since 2024
0.3 hrs/week
No compensation reported
Crystal Chopp
Director
New on the 2025 filing
0.3 hrs/week
No compensation reported
Timothy Riley
Director
New on the 2025 filing
0.3 hrs/week
No compensation reported
Todd Heiman
Treasurer
Director Begin → Director Til Treasurer, 2023
Director Til Treasurer → Treasurer, 2024
On filings since 2022
1.3 hrs/week
No compensation reported
Robert Wilmunen
Vice President
Director → Vice President, 2025
On filings since 2024
0.3 hrs/week
No compensation reported
Stephen Peterson Sr.
Treasurer
Director → Treasurer, 2025
On filings since 2024
0.3 hrs/week
No compensation reported
Barbara Soderberg
Secretary
New on the 2025 filing
0.3 hrs/week
No compensation reported
Former officers (15)
- Former: Kelly Klun (2019–2024) — Secretary
- Former: Tim Riley (2020–2024) — Vice President
- Former: Jo Langan (2021–2024) — Director
- Former: Barb Soderberg (2022–2024) — Secretary
- Former: Scott Kellerman (2019–2023) — Director
- Former: Curtis Bach (2021–2023) — CFO
- Former: Mike Pechek (2023) — Treasurer Til Director Til
- Former: James Richards (2019–2022) — Director
- Former: Michael Pechek (2022) — Treasurer Begin
- Former: Sue Edginton (2022) — President
- Former: Michael Coyle (2019–2021) — Former Officer - CEO
- Former: Susan Edgington (2019–2021) — President
- Former: Terry Soderberg (2019–2021) — Treasurer
- Former: Blaine Diesslin (2019–2020) — Vice President
- Former: Geoff Galaski (2019–2020) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about ELY Health and Hospital Fund
How large is ELY Health and Hospital Fund?
ELY Health and Hospital Fund reported $17.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $588K.
What is ELY Health and Hospital Fund?
ELY Health and Hospital Fund is a public charity focused on Health, based in ELY, MN. It holds $17.8M in total assets as of 2025.
Where does ELY Health and Hospital Fund operate?
ELY Health and Hospital Fund has awarded grants in Minnesota.
What is ELY Health and Hospital Fund's EIN?
ELY Health and Hospital Fund's EIN (Employer Identification Number) is 46-1836177. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS August 13, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS August 14, 2026)
Explore Open Grants
Browse active grant opportunities in ELY Health and Hospital Fund's focus areas in our free grants database
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ELY Health and Hospital Fund down — hundreds of funders to go?