Dewitt Community Hospital Foundation
- Assets
- $3.3m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 3
- Location
- De Witt, IA
- Founding
- 10/2000
- Data as of
- 12/2021
- EIN
- 39-1883528
Organization Overview
Dewitt Community Hospital Foundation is located in De Witt, IA. The organization was established in 2000. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Dewitt Community Hospital Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dewitt Community Hospital Foundation 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 12/2021, Dewitt Community Hospital Foundation generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 46.0% each year . All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 38.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY EXEMPT PURPOSE OF THE DEWITT COMMUNITY HOSPITAL FOUNDATION IS TO PROVIDE FUNDING FOR SPECIFIC ITEMS AND OR PROGRAMS OF GENESIS MEDICAL CENTER, DEWITT NOT OTHERWISE PROVIDED FOR BY ITS OPERATIONAL BUDGET.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Barnes Vice Chair | OfficerTrustee | 0.5 | $0 |
Mark Witte Chairman Of The Board | OfficerTrustee | 0.5 | $0 |
Pat Henricksen Secretary | OfficerTrustee | 0.5 | $0 |
Barry Vosler Treasurer | OfficerTrustee | 0.5 | $0 |
Robin Krogman Foundation Director | Officer | 40 | $0 |
Steve Thayer Director | Trustee | 0.1 | $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 | $1,998,292 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,998,292 |
| Total Program Service Revenue | $0 |
| Investment income | $24,454 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $101,733 |
| Net Income from Fundraising Events | $22,453 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,146,932 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,550,028 |
| Grants and other assistance to domestic individuals. | $15,206 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $57,100 |
| Compensation of current officers, directors, key employees. | $28,550 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,230 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,161 |
| Payroll taxes | $4,615 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,606 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,253 |
| Office expenses | $1,330 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $354 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,289 |
| All other expenses | $0 |
| Total functional expenses | $1,651,409 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $596,838 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,170,352 |
| 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 | $1,561,665 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,328,855 |
| Accounts payable and accrued expenses | $5,284 |
| 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 | $5,284 |
| Net assets without donor restrictions | $1,781,736 |
| Net assets with donor restrictions | $1,541,835 |
| 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 | $3,328,855 |
Grants Awarded
Over the last fiscal year, Dewitt Community Hospital Foundation has awarded $1,549,623 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
WELLSPIRE LLC PURPOSE: SUPPORT HEALTHCARE | $1,536,225 |
Davenport, IA PURPOSE: SUPPORT HEALTHCARE | $13,398 |
Davenport, IA PURPOSE: PHILANTHROPY SERVICES | $0 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Dewitt Community Hospital Foundation has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Greater Dubuque Dubuque, IA PURPOSE: HEALTH | $8,500 |
Ohnward Foundation Maquoketa, IA PURPOSE: FIELDSTONE SENIOR LIVING PROJECT | $5,000 |
Lawlor Family Charitable Trust Dewitt Bk & Tr Co Ttee Dewitt, IA PURPOSE: COMMUNITY ASSISTANCE | $1,500 |
Endowment Analysis
| Beg. Balance | $488,501 |
| Earnings | $67,563 |
| Ending Balance | $556,064 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Roofers Local 96 Health & Welfare Fund Bloomington, MN | $17,573,620 | $18,996,626 |
Vollrath Company Employee Health & Welfare Benefit Trust Sheboygan, WI | $1,493,056 | $18,329,364 |
Cmc Foundation Of Central Texas St Louis, MO | $62,748,063 | $28,416,525 |
Northern Minnesota-Wisconsin Area Retail Food Health & Welfare Fund Duluth, MN | $9,554,218 | $16,178,140 |
Saint Lukes Foundation Kansas City, MO | $267,580,144 | $14,180,351 |
Southern Illinois Laborers & Empl Health & Welfare Fund Marion, IL | $23,536,245 | $17,167,946 |
Cardinal Glennon Childrens Foundation St Louis, MO | $175,256,703 | $38,879,675 |
Manatts Inc Group Health Plan & Tr Brooklyn, IA | $3,919,154 | $13,220,530 |
Twin Cities Bakery Workers Health And Welfare Fund Saint Paul, MN | $3,154,286 | $12,238,958 |
Health & Welfare Fund Of Cedar Rapids Iowa V A Local 125 Cedar Rapids, IA | $31,419,781 | $18,589,909 |
Nebraska Methodist Hospital Foundation Omaha, NE | $173,830,201 | $26,097,640 |
Stagehands Union Local No 2 Health And Welfare Fund Oak Brook, IL | $8,693,853 | $9,920,428 |