Kossuth County Hospital Foundation

Organization Overview

Kossuth County Hospital Foundation is located in Algona, IA. The organization was established in 1990. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kossuth County 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, Kossuth County Hospital Foundation generated $691.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $49.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THIS FOUNDATION IS A SUPPORTING ORGANIZATION FOR THE KOSSUTH REGIONAL HEALTH CENTER, A CONVENTIONAL, NONPROFIT FULL SERVICE HEALTH CARE PROVIDER. THE FOUNDATION MANAGES INVESTMENTS AND RAISES FUNDS FOR THE SOLE BENEFIT OF KOSSUTH REGIONAL HEALTH CENTER. IT ASSISTS IN ACQUIRING EQUIPMENT, FUNDING PROGRAMS AND RAISING AND PROVIDING FUNDS FOR RECENT BUILDING RENOVATIONS AND NEW CONSTRUCTION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PAYMENTS TO KOSSUTH REGIONAL HEALTH CENTER TO SUPPORT EQUIPMENT PURCHASES AND PROGRAMS AND TO REMODEL/EXPAND FACILITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Kristie A Brown
Treasurer
$0
Carol Heesch
Vice President
$0
Pat Reding
President
$0
Kirk M Hayes
Director
$0
Matthew J Muller
Director
$0
Linda Nerdig
Secretary
$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$106,831
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$106,831
Total Program Service Revenue$0
Investment income $451,731
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $133,341
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $691,903

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Kossuth County Hospital Foundation has recieved totaling $5,000.

Awarding OrganizationAmount
American Endowment Foundation

Hudson, OH

PURPOSE: PROGRAMS

$5,000
View Grant Recipient Profile

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