Wyoming Hospital Association
- Assets
- $5.3m
- Revenue
- $30.1m
- Investments
- $0.0
- Employees
- 4
- Location
- Cheyenne, WY
- Founding
- 02/1965
- Data as of
- 12/2022
- EIN
- 83-0210517
Organization Overview
Wyoming Hospital Association is located in Cheyenne, WY. The organization was established in 1965. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2022, Wyoming Hospital Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wyoming Hospital Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Wyoming Hospital Association generated $30.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 45.9% each year . All expenses for the organization totaled $29.9m during the year ending 12/2022. While expenses have increased by 46.6% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LEADERSHIP, REPRESENTATION AND ADVOCACY FOR WYOMING HOSPITALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOSPITAL NETWORK CONSISTING OF 26 HOSPITALS IN WYOMING COMPOSED OF 16 CRITICAL ACCESS HOSPITALS, 9 GENERAL ACUTE CARE HOPSITALS AND 1 PYSCHIATRIC HOSPITAL. THE ASSOCIATION WAS FORMED FOR THE PURPOSES OF SHARING RESOURCES, CONTINUING EDUCATION, PROMOTING OPERATIONAL EFFICIENCIES, AND IMPROVING HEALTH CARE SERVICES FOR MEMBER HOSPITALS AND THE RURAL COMMUNITIES THEY SERVE.
OTHER MINOR PROGRAMS INCLUDE MEMBERSHIP DEVELOPMENT AND CONVENTIONS THAT AID IN SHARING RESOURCES, CONTINUING EDUCATION, PROMOTING OPERATIONAL EFFICIENCIES, AND IMPROVING HEALTH CARE SERVICES FOR MEMBER HOSPITALS AND THE COMMUNITIES THEY SERVE.
THE UPPER PAYMENT LIMIT (UPL) PROGRAM WAS ESTABLISHED IN RESPONSE TO THE WYOMING PRIVATE HOSPITALS' AGREEMENT TO SHARE MONIES PAID BY THE FEDERAL GOVERNMENT AND DIVIDED AMONG 8 PRIVATE HOSPITALS. THE PRIVATE HOSPITALS AGREED TO SHARE THESE MONIES WITH ALL THE HOSPITALS AROUND THE STATE IN ORDER TO GIVE EACH HOSPITAL A MORE EQUITABLE SHARE WITH SUCH PAYMENTS. THE ASSOCIATION ACTS AS THE INTERMEDIARY/PAYING AGENT FOR THESE FUNDS. RECEIPTS AND DISBURSEMENTS ARE ALLOCATED TO HOSPITALS BASED ON A PRE-DETERMINED FORMULA PROVIDED BY THE ASSOCIATION'S ATTORNEY.
REPRESENTATION, ADVOCACY AND CONSULTING FOR MEMBER HOSPITALS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Boley President | Officer | 40 | $340,014 |
Joshua Hannes Vice Preside | Officer | 40 | $216,595 |
Barry Burkart CFO | Officer | 40 | $122,676 |
Tim Thornell Chair | OfficerTrustee | 1 | $0 |
Zach Miller Chair Elect | OfficerTrustee | 1 | $0 |
Irene Richardson Secretary/tr | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,042,125 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $28,182,096 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,224,221 |
| Total Program Service Revenue | $863,173 |
| Investment income | $14,047 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $30,000 |
| 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 | $30,131,441 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $353,225 |
| Compensation of current officers, directors, key employees. | $35,322 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $170,421 |
| Pension plan accruals and contributions | $54,627 |
| Other employee benefits | $123,077 |
| Payroll taxes | $40,541 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,031 |
| Fees for services: Accounting | $31,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,348 |
| Advertising and promotion | $600 |
| Office expenses | $37,177 |
| Information technology | $7,683 |
| Royalties | $0 |
| Occupancy | $30,280 |
| Travel | $44,361 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $87,237 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,866 |
| Insurance | $8,370 |
| All other expenses | $33,105 |
| Total functional expenses | $29,887,006 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,811,359 |
| Savings and temporary cash investments | $50,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $72,769 |
| 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 | $28,066 |
| Net Land, buildings, and equipment | $158,055 |
| Investments—publicly traded securities | $1,958,056 |
| Investments—other securities | $0 |
| Investments—program-related | $140,916 |
| Intangible assets | $0 |
| Other assets | $54,200 |
| Total assets | $5,273,421 |
| Accounts payable and accrued expenses | $246,623 |
| Grants payable | $0 |
| Deferred revenue | $1,759,584 |
| 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 | $105,743 |
| Total liabilities | $2,111,950 |
| Net assets without donor restrictions | $3,161,471 |
| Net assets with donor restrictions | $0 |
| 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 | $5,273,421 |