International Health Partners-Usinc
- Assets
- $552.0k
- Revenue
- $384.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Newton, IA
- Founding
- 05/2006
- Data as of
- 12/2023
- EIN
- 20-4108237
Organization Overview
International Health Partners-Usinc is located in Newton, IA. The organization was established in 2006. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Health Partners-Usinc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, International Health Partners-Usinc generated $384.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $227.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (12.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE WORK TO IMPROVE THE QUALITY AND AVAILABILITY OF HEALTHCARE IN TANZANIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAND, CONSTRUCTION MATERIALS, LAND IMPROVEMENTS, AND CONSTRUCTION EQUIPMENT. WE PROVIDED THE MONEY TO PURCHASE 26 ACRES OF UNDEVELOPED LAND IN A RURAL AREA NEAR CHIHONI, TANZANIA, FOR A NEW HOSPITAL. WE PROVIDED FUNDS TO CONNECT TO THE LOCAL ELECTRIC GRID, A WELL FOR CLEAN WATER, AN OFFICE, A TOOL SHED, AND SANITARY TOILET FACILITIES.
ADDITIONAL PROGRAM SERVICE COSTS INCLUDE A RESEARCH PROJECT IN TANZANIA, PLUS VEHICLE REPAIRS, PROPERTY SECURITY, AND MOVING AND STORAGE COSTS, ALL IN TANZANIA.
TO PROVIDE FINANCIAL SUPPORT FOR THOSE TANZANIANS ACTIVELY WORKING TO BUILD THE HOSPITAL PROJECT, PLUS A FEW INDIVIDUALS WHO WILL BE MEDICAL LEADERS IN THE HOSPITAL WHEN IT OPENS.
WE PROVIDE FINANCIAL SUPPORT FOR EIGHT EXCEPTIONAL TANZANIAN STUDENTS WORKING TO ESTABLISH AND IMPROVE THEIR SKILLS FOR CAREERS IN HEALTHCARE AND LEADERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Powell President | OfficerTrustee | 10 | $0 |
Marie Quanbeck Vice President | OfficerTrustee | 5 | $0 |
Dennis Loftstrom COO | OfficerTrustee | 1 | $0 |
Paula Loftstrom Secretary-Managing Director | OfficerTrustee | 15 | $0 |
Duane Quanbeck Treasurer | OfficerTrustee | 8 | $0 |
Joyce Zemel Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $379,810 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $379,810 |
| Total Program Service Revenue | $0 |
| Investment income | $2,184 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,644 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $384,638 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $215,739 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,130 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,257 |
| Office expenses | $1,486 |
| Information technology | $1,367 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $618 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $753 |
| All other expenses | $2,265 |
| Total functional expenses | $227,615 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $344,090 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $17,600 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $190,332 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $552,022 |
| Accounts payable and accrued expenses | $4,533 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,533 |
| Net assets without donor restrictions | $288,911 |
| Net assets with donor restrictions | $258,578 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $552,022 |