Intermountain Community Care Foundation Inc
- Assets
- $555.0m
- Revenue
- $294.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 12/1982
- Data as of
- 12/2021
- EIN
- 94-2853320
Organization Overview
Intermountain Community Care Foundation Inc is located in Salt Lake City, UT. The organization was established in 1982. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, 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. Intermountain Community Care 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, Intermountain Community Care Foundation Inc generated $294.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 67.4% each year . All expenses for the organization totaled $7.6m during the year ending 12/2021. While expenses have increased by 6.1% 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.
Since 2014, Intermountain Community Care Foundation Inc has awarded 220 individual grants totaling $47,747,667. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERMOUNTAIN COMMUNITY CARE FOUNDATION, INC. ASSISTS IN FUND DEVELOPMENT AND GRANTS FUNDS TO ORGANIZATIONS THAT PROVIDE PRIMARY HEALTHCARE SERVICES, MENTAL HEALTH SERVICES, CHILDREN'S HEALTH SERVICES, SERVICES RELATED TO THE SOCIAL DETERMINANTS OF HEALTH, AND OTHER SERVICES RELATED TO THE MISSION OF IHC HEALTH SERVICES, INC. SEE SCHEDULE I.
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 |
|---|---|---|---|
A Marc Harrison MD Trustee / Vice Chair | OfficerTrustee | 3 | $0 |
Albert R Zimmerli Trustee / Sec / VP / Treas | OfficerTrustee | 1 | $0 |
Mikelle D Moore Trustee / President | OfficerTrustee | 3 | $0 |
Patricia W Jones Trustee / Chair | OfficerTrustee | 3 | $0 |
Greg J Matis Secretary | Officer | 3 | $0 |
Mary Bangerter Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $275,000,000 |
| Government grants | $0 |
| 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 | $275,000,000 |
| Total Program Service Revenue | $0 |
| Investment income | $4,600,373 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,832,183 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $294,432,556 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,337,164 |
| Grants and other assistance to domestic individuals. | $24,000 |
| 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 | $29,038 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $176,187 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Total functional expenses | $7,566,389 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,766,294 |
| Pledges and grants receivable | $0 |
| 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 | $549,125,789 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $147,319 |
| Total assets | $555,039,402 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $9,778,822 |
| 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 | $1,110,873 |
| Total liabilities | $10,889,695 |
| Net assets without donor restrictions | $526,248,742 |
| Net assets with donor restrictions | $17,900,965 |
| 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 | $555,039,402 |
Grants Awarded
Over the last fiscal year, Intermountain Community Care Foundation Inc has awarded $7,337,164 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
West Valley City, UT PURPOSE: SUPPORT COMMUNITY HEALTH CLINIC | $1,280,000 |
Salt Lake City, UT PURPOSE: SUPPORT SCHOOL AND COMMUNITY CLINICS | $1,101,000 |
Salt Lake City, UT PURPOSE: SUPPORT COMMUNITY HEALTH | $678,938 |
Provo, UT PURPOSE: SUPPORT COMMUNITY HEALTH CLINIC | $645,975 |
Salt Lake City, UT PURPOSE: SUPPORT COMMUNITY HEALTH | $602,527 |
Ogden, UT PURPOSE: SUPPORT COMMUNITY HEALTH CLINIC | $465,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Intermountain Community Care Foundation Inc has recieved totaling $275,000,000.
| Awarding Organization | Amount |
|---|---|
Ihc Health Services Inc Salt Lake City, UT PURPOSE: SUPPORT COMMUNITY HEALTH | $275,000,000 |
Endowment Analysis
| Beg. Balance | $140,683,243 |
| Earnings | $719,335 |
| Net Contributions | $275,000,000 |
| Grants | $3,115,721 |
| Ending Balance | $413,286,857 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wyoming Medical Center Foundation Casper, WY | $297,053,839 | $17,341,207 |
St Lukes Health Foundation Ltd Boise, ID | $50,176,105 | $12,367,207 |
Healthcare Transitional Funding Corp Glendale, AZ | $463,333 | $25,480 |
Intermountain Community Care Foundation Inc Salt Lake City, UT | $555,039,402 | $294,432,556 |
Saint Joseph Hospital Foundation Denver, CO | $14,523,673 | $3,923,974 |
Health First Foundation-Northern Arizona Flagstaff, AZ | $53,020,022 | $5,292,258 |
Vail Health Services Foundation Vail, CO | $33,706,997 | $6,061,877 |
Utah Partners For Health Midvale, UT | $4,728,411 | $5,657,767 |
New Mexico Hospital Association Albuquerque, NM | $20,342,182 | $3,002,347 |
Yampa Valley Medical Center Foundation Steamboat Springs, CO | $29,428,154 | $1,839,992 |
Global Down Syndrome Foundation Denver, CO | $8,604,160 | $946,045 |
Keogh Health Connection Phoenix, AZ | $320,396 | $1,147,141 |