SOUTH BEND MEDICAL FOUNDATION Charity Report

Public IRS 990 nonprofit record

SOUTH BEND MEDICAL FOUNDATION

EIN 35-0868178 · Health Care (E600)

What they do

MISSION - to PROVIDE HIGH-QUALITY PATHOLOGY and BLOOD SERVICES to THOSE WE SERVE, KEEPING IN MIND THERE is A LIFE BEHIND EVERYTHING WE DO.VISION - A COMMITMENT to BECOMING A NATIONALLY RECOGNIZED NOT-FOR-PROFIT ORGANIZATION THROUGH INVESTMENT IN QUALITY, TECHNOLOGY, COMMUNITY and OUR PEOPLE.VALUES - RESPECT: VALUE and RESPECT OTHERS, THEIR PERSPECTIVE and EMBRACE OUR DIFFERENCES. INNOVATION: LEAN INTO CHANGE, RECOGNIZING HEALTHCARE is EVERCHANGING; CREATIVITY is KEY. STEWARDSHIP: BE SOCIALLY and FISCALLY RESPONSIBLE IN ALL WE DO. EXCELLENCE: PROVIDE ACCURATE, TIMELY SERVICE and COMMUNICATION to OUR CLIENTS, COMMUNITY and ONE ANOTHER.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $93.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders18 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

99.69%of revenue went to mission work93.8% of expenses · Program services

$106.25spent for every $100 of revenueSpending was higher than revenue this year.

6.56%of revenue went to management and office costs6.2% of expenses

$1.99in assets for every $1 spent this yearSome assets cannot be spent right away.

0.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,335,415 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $414,592 for TIMOTHY TRAVIS (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$21,363,619

Mission workProgram services$21,297,43699.69% of revenue93.8% of expenses

ManagementOffice and general costs$1,401,5986.56% of revenue6.2% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$22,699,034106.25% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 93.8% mission · 6.2% management · 0.0% fundraisingTotal expenses: 106.25% of revenue

2023Expense mix: 93.3% mission · 6.7% management · 0.0% fundraisingTotal expenses: 125.20% of revenue

2022Expense mix: 90.5% mission · 9.5% management · 0.0% fundraisingTotal expenses: 141.36% of revenue

2021Expense mix: 94.6% mission · 5.4% management · 0.0% fundraisingTotal expenses: 122.33% of revenue

2020Expense mix: 93.6% mission · 6.4% management · 0.0% fundraisingTotal expenses: 157.88% of revenue

2019Expense mix: 93.7% mission · 6.3% management · 0.0% fundraisingTotal expenses: 50.33% of revenue

2018Expense mix: 95.1% mission · 4.9% management · 0.0% fundraisingTotal expenses: 102.16% of revenue

2017Expense mix: 84.8% mission · 15.2% management · 0.0% fundraisingTotal expenses: 96.27% of revenue

Money in and money out

Revenue$21,363,619

Expenses$22,699,034

Annual shortfall $1,335,415 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$21,297,436 · 93.8% of expenses

Management and office costs$1,401,598 · 6.2% of expenses

See all reported dollar amounts

Revenue$21,363,619

Expenses$22,699,034

Assets$45,280,911

Income$36,314,109

Contributions$3,727

Mission work (program services)$21,297,436

Grants given$83,675

Average grant$7,607

Management and general$1,401,598

Stocks and bonds$22,473,412

Accounting fees$78,900

Investing fees$60,529

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

TIMOTHY TRAVISPRESIDENT/CEO · 40 hrs/week $414,592Base $350,901 · Other $63,691

DERRICK FORCHETTIPATHOLOGIST · 40 hrs/week $389,636Base $344,845 · Other $44,791

NITA GERIG MDCMO/SECRETARY · 32 hrs/week $387,776Base $331,462 · Other $56,314

ERICA MARTINPATHOLOGIST · 40 hrs/week $365,981Base $328,821 · Other $37,160

JAMES DYERPATHOLOGIST · 40 hrs/week $361,302Base $319,813 · Other $41,489

ODETA LAPKUSPATHOLOGIST · 40 hrs/week $343,567Base $313,723 · Other $29,844

NICHOLE ANESTPATHOLOGIST · 40 hrs/week $321,715Base $295,345 · Other $26,370

LAURIE GRIESINGER MDBOARD MEMBER · 40 hrs/week $300,661Base $270,892 · Other $29,769

TERRY PIPPCFO (TERMED 4/2025) · 40 hrs/week $266,978Base $220,168 · Other $46,810

TIMOTHY STOLTCOO · 40 hrs/week $188,448Base $158,137 · Other $30,311

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (18)

TIMOTHY TRAVISPRESIDENT/CEO

DERRICK FORCHETTIPATHOLOGIST

NITA GERIG MDCMO/SECRETARY

ERICA MARTINPATHOLOGIST

JAMES DYERPATHOLOGIST

ODETA LAPKUSPATHOLOGIST

NICHOLE ANESTPATHOLOGIST

LAURIE GRIESINGER MDBOARD MEMBER

TERRY PIPPCFO (TERMED 4/2025)

TIMOTHY STOLTCOO

MICHAEL BLAKESLEY MDBOARD MEMBER

SHERY ROUSSAIRETREASURER

SHARON STACK PHDBOARD MEMBER

AL HARDING MDCHAIRMAN

JOHN GRIFFITHBOARD MEMBER

JANILYN DAUBBOARD MEMBER

JAMES KELLY MD MBAVICE CHAIRMAN

CARLTON LYONS MDBOARD MEMBER

About this charity

Recognized since: January 1949
Location: 3355 DOUGLAS ROAD, SOUTH BEND, IN 46635
County: St. Joseph
In care of: ADAM ALLSOP
Primary officer: ADAM ALLSOP, CHIEF FINANCIAL OFFICER

How to reach them

WebsiteVisit the charity’s website Phone(574) 204-5233

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: BLUE & CO LLC
NTEE classification: Health Care (E600)
Grant-giving organization: Yes