Iowa Health Care Association Foundation is located in West Des Moines, IA. The organization was established in 1989. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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. Iowa Health Care Association 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, Iowa Health Care Association Foundation generated $368.8k in total revenue. All expenses for the organization totaled $374.5k during the year ending 12/2021. While expenses have increased by 119.9% per year over the past 3 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
TO PROVIDE SCHOLARSHIPS FOR THE EMPLOYEES OF MEMBER FACILITIES OF IOWA HEALTH CARE ASSOCIATION WHO ARE FUTHERING THEIR HEALTH CARE EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COVID-19 RELIEF PROGRAMS
SCHOLARSHIP PROGRAM
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dave Dixon President | OfficerTrustee | 2 | $0 |
Maureen Cahill Vice President | OfficerTrustee | 2 | $0 |
David Chensvold Treasurer, Secretary | OfficerTrustee | 2 | $0 |
Brent Willett Executive Director, Ihca | Officer | 1 | $0 |
Richard Curphey Board Member | Trustee | 2 | $0 |
Diana Roberts Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $184,000 |
All other contributions, gifts, grants, and similar amounts not included above | $184,199 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $368,199 |
Total Program Service Revenue | $0 |
Investment income | $600 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $368,799 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $50,791 |
Grants and other assistance to domestic individuals. | $126,159 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
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 | $3,093 |
Fees for services: Accounting | $1,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,580 |
Advertising and promotion | $184,000 |
Office expenses | $5,617 |
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 | $1,300 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $374,540 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $19,400 |
Savings and temporary cash investments | $64,908 |
Pledges and grants receivable | $149,000 |
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 | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $233,308 |
Accounts payable and accrued expenses | $9,489 |
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 | $9,489 |
Net assets without donor restrictions | $103,423 |
Net assets with donor restrictions | $120,396 |
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 | $233,308 |
Over the last fiscal year, we have identified 4 grants that Iowa Health Care Association Foundation has recieved totaling $61,000.
Awarding Organization | Amount |
---|---|
John R And Zelda Z Grubb Charitable Foundation Urbandale, IA PURPOSE: DONATION TO GENERAL FUND FOR HEALTH CARE SCHOLARSHIPS | $30,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $20,000 |
Care Initiatives West Des Moines, IA PURPOSE: GENERAL SUPPORT | $10,000 |
Robert V And Shirley V Dahl Foundation Boone, IA PURPOSE: CHARITABLE | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Sinai Health System Chicago, IL | $281,453,478 | $93,419,606 |
The Foundation For Barnes-Jewish Hospital St Louis, MO | $993,230,579 | $106,273,508 |
Freeport Regional Health Care Found Ation Freeport, IL | $44,647,544 | $45,400,897 |
Teamsters Local 346 Health Fund Trust Bloomington, MN | $55,790,921 | $66,782,892 |
Ann & Robert H Lurie Childrens Hospital Of Chicago Foundation Chicago, IL | $630,869 | $58,277,786 |
Ascension Medical Group Genesys St Louis, MO | $56,901,611 | $50,467,195 |
Childrens Hospital & Medical Center Foundation Omaha, NE | $482,957,536 | $27,549,600 |
Healthpartners Institute Minneapolis, MN | $92,324,263 | $47,741,048 |
Cincinnati Bell Health And Welfare Trust Milwaukee, WI | $10,960 | $35,872,247 |
Childrens Hospital Of Wisconsin Foundation Inc Milwaukee, WI | $1,206,475,471 | $94,444,184 |
Milwaukee Regional Medical Center Thermal Service Inc Milwaukee, WI | $234,655,372 | $32,150,552 |
Regional West Health Services & Affiliated Employee Benefit Trust Scottsbluff, NE | $5,369,125 | $34,323,197 |