Kimball Hospital Foundation
- Assets
- $1.9m
- Revenue
- $305.8k
- Investments
- $191.9k
- Employees
- 0
- Location
- Kimball, NE
- Founding
- 11/1988
- Data as of
- 06/2023
- EIN
- 47-0713073
Organization Overview
Kimball Hospital Foundation is located in Kimball, NE. The organization was established in 1988. 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. Kimball 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 06/2023, Kimball Hospital Foundation generated $305.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.9% each year . All expenses for the organization totaled $494.4k during the year ending 06/2023. While expenses have increased by 35.9% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE KIMBALL COUNTY HOSPITAL AND PROMOTE HEALTH CARE IN A RURAL COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO EDUCATE THE PUBLIC ABOUT THE NEEDS OF THE KIMBALL COUNTY HOSPITAL AND TO ACCEPT GIFTS ON BEHALF OF THE HOSPITAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Fennell President | OfficerTrustee | 0.5 | $0 |
Missy Moritz Vice President | OfficerTrustee | 0.3 | $0 |
Roger Wynne Secretary/treasurer | OfficerTrustee | 0.5 | $0 |
Harold Farrar Member | Trustee | 0.3 | $0 |
David Haack Member | Trustee | 0.2 | $0 |
Assunta Calise-Nelson Member | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $47,489 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $190,526 |
| Noncash contributions included in lines 1a–1f | $9,105 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $238,015 |
| Total Program Service Revenue | $0 |
| Investment income | $71,491 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$6,695 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $305,811 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $463,507 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,809 |
| 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 | $600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,801 |
| Fees for services: Other | $0 |
| Advertising and promotion | $523 |
| Office expenses | $155 |
| Information technology | $1,471 |
| 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 | $0 |
| Total functional expenses | $494,375 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $632,161 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $507,975 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $187,764 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,625 |
| Investments—publicly traded securities | $407,449 |
| Investments—other securities | $191,858 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,929,832 |
| 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 | $1,767,301 |
| Net assets with donor restrictions | $162,531 |
| 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 | $1,929,832 |
Grants Awarded
Over the last fiscal year, Kimball Hospital Foundation has awarded $142,008 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
KIMBALL HEALTH SERVICES PURPOSE: PROVIDER LOAN REPAY | $16,107 |
KIMBALL HEALTH SERVICES PURPOSE: BLDG & EQUIP PURCH. | $105,901 |
KIMBALL HEALTH SERVICES PURPOSE: PROVIDER SIGN BONUS | $20,000 |