Form 990 for tax year 2024
Filed by GOLDEN VALLEY MEMORIAL HOSPITAL FOUNDATION INC.
Totals
- Total revenue
- $791,409
- Total expenses
- $1,004,639
- Contributions and grants received
- $799,916
- Grants paid
- $915,845
- Program service revenue
- $0
- Investment income
- $68,231
- Other revenue
- -$76,738
- Total assets, end of year
- $3,810,907
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $3,810,907
- Program services expenses (Part IX)
- $923,515
- Management and general expenses
- $13,827
- Fundraising expenses
- $67,297
- Program service expenses (Part III)
- $923,515
Program services were 91.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$130,585
-
1f · All other contributions, gifts and grants
$669,331
-
1g · Noncash contributions included above
$49,174
-
3 · Investment income
total $68,749 · excluded $68,749
-
7b · Less cost or other basis and sales expenses
securities $518
-
7c · Gain or loss
securities -$518
-
7d · Net gain or loss
total -$518 · excluded -$518
-
8a · Fundraising events: gross income
$42,204
-
8a · Fundraising events: contributions included on line 1c
$130,585
-
8b · Fundraising events: direct expenses
$118,942
-
8c · Net income from fundraising events
total -$76,738 · excluded -$76,738
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $858,373 · program services $858,373
-
2 · Grants to domestic individuals
total $57,472 · program services $57,472
-
11b · Fees: legal
total $300 · management and general $300
-
11f · Fees: investment management
total $13,527 · management and general $13,527
-
11g · Fees: other
total $1,230 · program services $1,230
-
12 · Advertising and promotion
total $3,310 · program services $3,310
-
13 · Office expenses
total $67,755 · program services $458 · fundraising $67,297
-
16 · Occupancy
total $380 · program services $380
-
17 · Travel
total $2,292 · program services $2,292
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $142,394 · end of year $69,837
-
2 · Savings and temporary cash investments
beginning of year $816,162 · end of year $495,849
-
3 · Pledges and grants receivable
beginning of year $1,653,242 · end of year $1,547,371
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10c · Land, buildings and equipment, net
beginning of year $26,530
-
11 · Investments: publicly traded securities
beginning of year $1,330,211 · end of year $1,697,850
-
27 · Net assets without donor restrictions
beginning of year $1,114,591 · end of year $879,446
-
28 · Net assets with donor restrictions
beginning of year $2,853,948 · end of year $2,931,461
Mission and programs · 2024
Mission
None
Activities or mission (Part I)
To provide financial support for Golden Valley Memorial Hospital and its patients
-
Prior to Fiscal Year 2025 the GVMH Foundation completed a capital campaign to raise funds to assist the Hospital in building a radiation oncology center. Many gifts were pledged by donors to be paid over a period of years. Gifts received by the Foundation are placed in a restricted fund for radiation oncology. The Hospital completed construction of the center in December 2023. During FIscal Year 2025, the Foundation received gifts and transferred funds for radiation oncology to the Hospital to help offset their costs associated with the project.(Continued on Schedule O)The Foundation donated $75,000 to GVMH for surgical services equipment upgrades. These funds were raised through proceeds from the gala event held in March 2024. The Foundation approved a grant request for new equipment for the cardiac rehab department.The Foundation purchased items such as wigs, head coverings, poppy pockets, and chemo shirts to stock the oncology care closet. These items are available to assist patients in need and the dedicated space allows patients the ability to try on items in a private space. The Foundation also purchase snacks, gas cards and other comfort items on a regular basis for the benefit of patients in the cancer center.The Foundation utilized its 'Truman Lake Cancer Relief' fund to assists patients while in active treatment for cancer with expenses.The Foundation covered the cost of customized garments for inpatients and outpatients who were treated at GVMH for lymphedema and do not have insurance coverage for the garments. The Foundation assisted cardiac rehab patients through purchase of gas cards to assist patients in getting to their appointments and also provided patient assistance grants to help patients in need cover the cost of coinsurance associated with their treatment.The Foundation supported GVMH's share pregnancy and infant loss support group through supplies for care packages for families suffering a loss at GVMH as well as annual dues and supplies needed for meetings.Each year, including FY25, the Foundation purchases books to be distributed by clinic providers during check ups for pediatric patients from birth through age 5.The Foundation supported cancer patients by purchasing gas cards and other items for patients that could not afford the items through its established Sandy Houchen fund.The Foundation approved a request to pay for cremation services of a hospice patient who had no other means to pay. The Foundation approved a grant from the Clinton Cardinal Youth Football program to reimburse the cost of purchasing an AED for the team.During a prior fiscal year the Foundation approved a grant for the reimbursement of an AED for Clearview Care Center in Osceola, MO. The Foundation received confirmation of purchase during FY25 and reimbursed the center for the cost.The Foundation supported diabetic patients through the purchase of supplies and also provided a patient assistance grant to help with medication.The Foundation paid for lunches for staff to complete a flu shot clinic at the Clinton school district.The Foundation awarded a scholarship for continued education in healthcare field to a GVMH employee. This was paid for in part by the Dolores Meyer Scholarship Fund and in part by the employee scholarship fund.The Foundation received a donation during Fiscal Year 2024 that was restricted for the purchase of a tilt table for cardiac rehab and this equipment was purchased during FIscal Year 2024. Foundation reimbursed GVMH for this purchase during FIscal Year 2025.The Foundation supported pediatric therapy patients through the purchase of tools they can utilize at home to assist with their therapy needs.The Foundation approved a grant to provide hearing assistive devices for GVMH patients in needThe Foundation approved a grant to provide pulse ox devices to patients upon discharge.
Expenses $923,515 · Grants $915,845
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
David Mills
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Sandra Braithwait
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Gerald Atchison
Secretary/Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Dr Gustin Bateman
Board Member
- Total calculated
- $810,303
- From this org
- $0
- From related orgs
- $767,348
- Other
- $42,955
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $493,475 related
- Bonus
- $0 + $273,573 related
- Other
- $0 + $300 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $42,955 related
- Filer's total
- $0 + $810,303 related
-
Dr Gus Wetzel
Board Member
- Total calculated
- $173,120
- From this org
- $0
- From related orgs
- $159,854
- Other
- $13,266
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $115,888 related
- Bonus
- $0 + $43,816 related
- Other
- $0 + $150 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $13,266 related
- Filer's total
- $0 + $173,120 related
-
Danny Eidson
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Tim Glasscock
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Paul Hendricks
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Ashley Parks
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Sarajane Roberts
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Gregg Smith
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Mindy Nold
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Sarah Duncan
Director of Foundation
- Total calculated
- $101,341
- From this org
- $0
- From related orgs
- $73,824
- Other
- $27,517
- Hours/week
- 40 + 1 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
Support of readiation oncology center and surgical & cardiac rehab equipment
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Golden Valley Memorial Hospital District
501(c)(3) · Hospital · MO
-
Aux Of the Golden Valley Memorial Hospital
501(c)(3) · Support · MO
Directly controlled by Golden Valley Memorial Hospital District
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 16 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202532909349301028
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