Washington County Hospital Foundation
- Assets
- $7.9m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 1
- Location
- Washington, IA
- Founding
- 04/1997
- Data as of
- 06/2021
- EIN
- 42-1446683
Organization Overview
Washington County Hospital Foundation is located in Washington, IA. The organization was established in 1997. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington 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 06/2021, Washington County Hospital Foundation generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $236.3k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE, ACCEPT, AND STEWARD ALL PUBLIC AND PRIVATE GIFTS, GRANTS, AND CONTRIBUTIONS IN SUPPORT OF WASHINGTON COUNTY HOSPITAL AND CLINICS.
Describe the Organization's Program Activity:
WCH FOUNDATION ENCOURAGES AND ACCEPTS PUBLIC AND PRIVATE GIFTS, GRANTS, AND CONTRIBUTIONS THROUGH AN ANNUAL DIRECT MAIL CAMPAIGN, EMPLOYEE GIVING CAMPAIGN, SPECIAL EVENTS, AND MEMORIALS AND HONORARIUMS IN SUPPORT OF WASHINGTON COUNTY HOSPITAL AND CLINICS.
FUND HAWK-I INSURANCE PREMIUMS FOR CHILDREN IN WASHINGTON COUNTY.
FUND EMERGENCY TRANSPORTATION AND PRESCRIPTION NEEDS FOR WCHC PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samantha Meyer Secretary/development Coor. | Officer | 40 | $40,057 |
Todd Patterson Hospial CEO | OfficerTrustee | 1 | $0 |
Stephen Schomer Director/vice Chair/hosp. Cmo | OfficerTrustee | 1 | $0 |
Shelli Cleverley Treasurer/hospital CFO | OfficerTrustee | 1 | $0 |
Ann Harris Director/chair | OfficerTrustee | 1 | $0 |
Jen Weidman Director/vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $65,659 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $214,717 |
| Noncash contributions included in lines 1a–1f | $30,207 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $280,376 |
| Total Program Service Revenue | $0 |
| Investment income | $94,730 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $649,800 |
| Net Income from Fundraising Events | -$27,507 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $20,013 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,017,412 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $184,516 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $29,640 |
| Compensation of current officers, directors, key employees. | $14,820 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,648 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $12,459 |
| Total functional expenses | $236,263 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $626,890 |
| Pledges and grants receivable | $75,183 |
| 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 | $23,186 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $8,454 |
| Investments—publicly traded securities | $7,185,594 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,919,307 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $7,497,058 |
| Net assets with donor restrictions | $422,249 |
| 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 | $7,919,307 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Washington County Hospital Foundation has recieved totaling $32,994.
| Awarding Organization | Amount |
|---|---|
Frank & Ina Brinton Educational & Charitable Trust Chicago, IL PURPOSE: GENERAL | $32,810 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $184 |
Endowment Analysis
| Beg. Balance | $317,392 |
| Net Contributions | $162,557 |
| Other Expense | $57,700 |
| Ending Balance | $422,249 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joyce Foundation Chicago, IL | $1,408,794,882 | $150,496,278 |
Lynde And Harry Bradley Foundation Inc Milwaukee, WI | $1,061,478,184 | $82,867,746 |
United Health Foundation Minnetonka, MN | $216,072,517 | $86,645 |
Weitz Family Foundation Omaha, NE | $41,283,061 | $24,036,289 |
Exelon Foundation Chicago, IL | $116,558,021 | $16,716,086 |
Highlands Foundation Inc Madison, WI | $16,807,622 | $1,089,528 |
Rockwell Automation Charitable Corporation Milwaukee, WI | $6,137,007 | $10,007,891 |
The Green Fern Foundation Minneapolis, MN | $108,921,285 | $8,489,620 |
Ascension Providence Foundation St Louis, MO | $25,786,185 | $4,059,548 |
Kehe Cares Foundation Inc Naperville, IL | $5,804,063 | $7,449,461 |
G Carl Ball Family Foundation West Chicago, IL | $40,772,718 | $1,501,347 |
Apex Oil Company Charitable Foundation Clayton, MO | $5,552,503 | $420,890 |