Knoxville Area Community Hospital Foundation
- Assets
- $7.8m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Knoxville, IA
- Founding
- 07/2004
- Data as of
- 06/2022
- EIN
- 90-0126510
Organization Overview
Knoxville Area Community Hospital Foundation is located in Knoxville, IA. The organization was established in 2004. According to its NTEE Classification (T31) the organization is classified as: Community 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. Knoxville Area Community 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 06/2022, Knoxville Area Community Hospital Foundation generated $6.3m in total revenue. All expenses for the organization totaled $120.3k during the year ending 06/2022. While expenses have increased by 1.4% per year over the past 6 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
THE KNOXVILLE HOSPITAL & CLINICS FOUNDATION WAS ESTABLISHED TO SUPPORT KNOXVILLE COMMUNITY HOSPITAL, INC. BY PROVIDING FINANCIAL RESOURCES NECESSARY FOR THE HOSPITAL TO PROVIDE EXCELLENT HEALTH CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING FINANCIAL SUPPORT FOR THE NEEDS OF KNOXVILLE COMMUNITY HOSPITAL, INC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marty Errthum Member | Trustee | 1 | $0 |
Kevin Stittsworth Foundation Director | Officer | 20 | $0 |
Cindi Fuller President | OfficerTrustee | 1 | $0 |
Lily Maasdam Vice President | OfficerTrustee | 1 | $0 |
Suzanna Huizer Treasurer | OfficerTrustee | 1 | $0 |
Jay Hoch Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $18,853 |
| Related organizations | $0 |
| Government grants | $23,236 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,231,154 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,273,243 |
| Total Program Service Revenue | $0 |
| Investment income | $38,703 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,653 |
| Net Income from Fundraising Events | -$2,614 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,323,985 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $44,272 |
| 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 | $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 | $59,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,836 |
| Information technology | $4,208 |
| 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 | $11,026 |
| Total functional expenses | $120,342 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,867 |
| Savings and temporary cash investments | $1,727,557 |
| Pledges and grants receivable | $4,928,118 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,089,517 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,802,059 |
| 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 | $1,606,223 |
| Net assets with donor restrictions | $6,195,836 |
| 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 | $7,802,059 |