Buchanan County Health Trust Inc

Organization Overview

Buchanan County Health Trust Inc is located in Independence, IA. The organization was established in 1990. According to its NTEE Classification (E20) the organization is classified as: 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. Buchanan County Health Trust Inc 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 04/2023, Buchanan County Health Trust Inc generated $104.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (27.0%) each year. All expenses for the organization totaled $128.5k during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

ENSURE ALL CITIZENS MAINTAIN ACCESS TO QUALITY HEALTH CARE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BUCHANAN COUNTY HEALTH TRUST ORIGINATED WITH THE FORESIGHT OF PROVIDING FUNDS FOR HEALTH-RELATED PROJECTS ACROSS BUCHANAN COUNTY. GIFTS HELP ENSURE THAT ALL CITIZENS MAINTAIN ACCESS TO QUALITY HEALTH CARE.GIFTS TO THE HEALTH TRUST ARE NOT SPENT, BUT INSTEAD ADDED TO OUR ENDOWMENT. THE INTEREST GENERATED IS THEN USED TO SUPPORT ORGANIZATIONS THAT ARE DEDICATED TO IMPROVING THE HEALTH OF ALL BUCHANAN COUNTY CITIZENS.SINCE IT'S INCEPTION, THE TOTAL FUND BALANCE HAS GROWN TO APPROXIMATELY $3 MILLION.


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Board, Officers & Key Employees

Name (title)Compensation
Zak Knutson
President
$0
Mark Collett
Vice President
$0
Michelle Mcbride
Treasurer
$0
Kristen Jensen
Secretary
$0
Tricia Beatty
Director
$0
Jill Louvar
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$29,983
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,580
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$33,563
Total Program Service Revenue$0
Investment income $82,702
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$12,144
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $104,121

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