Kootenai Health Foundation Inc
- Assets
- $17.2m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Coeur dAlene, ID
- Founding
- 11/1983
- Data as of
- 12/2021
- EIN
- 82-0380784
Organization Overview
Kootenai Health Foundation Inc is located in Coeur dAlene, ID. The organization was established in 1983. 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. Kootenai Health Foundation 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 12/2021, Kootenai Health Foundation Inc generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. 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
DEVELOPING, MANAGING AND STEWARDING PHILANTHROPY TO SUPPORT KOOTENAI HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, KOOTENAI HEALTH FOUNDATION GAVE KOOTENAI HEALTH OVER $1 MILLION TO DIRECTLY BENEFIT THE PATIENTS AND STAFF. THE FOUNDATION WAS ABLE TO PROVIDE: -$350,000 TOWARDS THE STEALTH NAVIGATION FOR NEUROSURGERY. -OVER $332,000 IN EQUIPMENT FOR THE DEPARTMENTS INCLUDING HEART AND LUNG MACHINE FOR CARDIAC SERVICES AND HIGH FREQUENCY OSCILLATING VENTILATORS FOR NICU. -OVER $252,000 FOR HEALTH CARE HEROES - FREE COFFEE DAY FOR EMPLOYEES, VACCINE CLINIC, FUNDS FOR FAMILY FUND, LIFTS FOR CRITICAL CARE UNIT, NURSES' DAY GIFTS, AND WELL BEING MEMBERSHIP.-OVER $110,000 FOR EMPLOYEE, PATIENT AND COMMUNITY BENEFIT PROGRAMS INCLUDING THE FAMILY FUND, CANCER PATIENT SUPPORT PROGRAM, AND INJURY PREVENTION PROGRAMS.
IN 2021, KOOTENAI HEALTH FOUNDATION PROVIDED $16,250 IN SCHOLARSHIPS TO STAFF AT KOOTENAI HEALTH AND TEEN VOLUNTEERS CONTINUING THEIR EDUCATION. -$6,000 IN SCHOLARSHIPS AWARDED TO 7 KOOTENAI HEALTH CLINICAL EMPLOYEES FROM THE CLINICAL SCHOLARSHIP PROGRAM FOR CONTINUING EDUCATION TO ENHANCE PATIENT CARE. -$7,250 IN SCHOLARSHIPS AWARDED TO 10 KOOTENAI HEALTH GENERAL EMPLOYEES FROM THE PIERCE FAMILY SCHOLARSHIP PROGRAM FOR CONTINUING EDUCATION, TRAINING, ETC. -$3,000 IN SCHOLARSHIPS TO 6 KOOTENAI HEALTH TEEN VOLUNTEERS TO BEGIN THEIR COLLEGE EDUCATION COURTESY OF THE KIM SVEE MEMORIAL TEEN VOLUNTEER SCHOLARSHIP PROGRAM.
IN 2021, ST. MARY'S HEALTH FOUNDATION AND CLEARWATER VALLEY HEALTH & CLINICS FOUNDATION PROVIDED OVER $108,000 TO DIRECTLY BENEFIT THE PATIENTS AND SURROUNDING COMMUNITY.-$79,272 FOR ST. MARY'S PHYSICAL THERAPY REMODEL.-OVER $25,526 FOR COMMUNITY PROGRAMS INCLUDING FOOD BANKS, SCHOOL DISTRICTS, QUICK RESPONSE UNITS SUPPORT AND CHRISTMAS GIFTS FOR CHILDREN IN NEED.- $3,250 FOR 5 SCHOLARSHIPS TO STUDENTS SEEKING A DEGREE IN MEDICAL, SCIENTIFIC OR EDUCATIONAL STUDIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julianne Holt President | Officer | 40 | $363,276 |
Christopher Meyer Chair | OfficerTrustee | 1 | $0 |
Eve Knudtsen Past Chair | OfficerTrustee | 1 | $0 |
Chad Murray Vice Chair | OfficerTrustee | 1 | $0 |
Darin Hayes Secretary | OfficerTrustee | 1 | $0 |
Randy Oaks Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $514,379 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,289,550 |
| Noncash contributions included in lines 1a–1f | $218,786 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,803,929 |
| Total Program Service Revenue | $0 |
| Investment income | $198,851 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $252,941 |
| Net Gain/Loss on Asset Sales | $301,609 |
| Net Income from Fundraising Events | -$58,114 |
| Net Income from Gaming Activities | $8,720 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,507,936 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,267,342 |
| Grants and other assistance to domestic individuals. | $19,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $274,082 |
| Compensation of current officers, directors, key employees. | $246,674 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $104,984 |
| 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 | $31,630 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $67,572 |
| Fees for services: Other | $0 |
| Advertising and promotion | $63,971 |
| Office expenses | $3,380 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,000 |
| 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 | $3,650 |
| All other expenses | $30,141 |
| Total functional expenses | $1,894,474 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,505,812 |
| Pledges and grants receivable | $69,944 |
| Accounts receivable, net | $137,355 |
| 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 | $533 |
| Net Land, buildings, and equipment | $1,135,000 |
| Investments—publicly traded securities | $13,093,853 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,230,165 |
| Total assets | $17,172,662 |
| Accounts payable and accrued expenses | $15,686 |
| Grants payable | $561,548 |
| 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 | $216,884 |
| Total liabilities | $794,118 |
| Net assets without donor restrictions | $11,840,332 |
| Net assets with donor restrictions | $4,538,212 |
| 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 | $17,172,662 |
Grants Awarded
Over the last fiscal year, Kootenai Health Foundation Inc has awarded $1,248,830 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
KOOTENAI HEALTH PURPOSE: Support for various Hospital Depts. | $1,162,544 |
KOOTENAI HEALTH (ST MARY'S HOSPITAL & CLEARWATER VALLEY HOSPITAL) PURPOSE: SMH ER & PT remodel; CVH Loan closet & PT supplies | $80,115 |
RIENER'S GROCERY PURPOSE: Food Bank | $6,171 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kootenai Health Foundation Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Gustavel Wynn Foundation Inc Post Falls, ID PURPOSE: MEDICAL CARE | $1,000 |
Endowment Analysis
| Beg. Balance | $1,824,185 |
| Earnings | $106,647 |
| Net Contributions | $1,100 |
| Ending Balance | $1,931,932 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hilltop Regional Health Center Tacoma, WA | $0 | $26,653,011 |
Covenant Physician Partners Inc Renton, WA | $20,551,600 | $16,901,042 |
Eba-Pge-Ibew Local Union 125 Health & Welfare Trust Tukwila, WA | $8,917,739 | $18,022,514 |
Providence St Vincent Medical Foundation Portland, OR | $302,625,014 | $42,114,354 |
Overlake Hospital Foundation Bellevue, WA | $26,396,715 | $13,671,276 |
Providence Portland Medical Foundation Portland, OR | $219,001,384 | $22,077,699 |
Alaska Carpenters Health & Welfare Trust Fund Seattle, WA | $29,936,146 | $14,215,183 |
Wyoming Machinery Company Employee Medical Benefit Trust Casper, WY | $617,446 | $14,203,698 |
Seattle Childrens Hospital Guild Association Seattle, WA | $199,221 | $14,058,030 |
St Patrick Hospital Foundation Missoula, MT | $38,164,577 | $6,581,612 |
Montana Retail Employees Health And Welfare Trust Spokane, WA | $13,835,872 | $12,488,989 |
I B E W Health-Welfare Trust Of Southwest Washington Labor Center Spokane, WA | $27,788,424 | $13,148,275 |