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← KSB HOSPITAL FOUNDATION

Form 990 for tax year 2024

Filed by KSB HOSPITAL FOUNDATION.

Totals

Total revenue
$407,732
Total expenses
$1,046,156
Contributions and grants received
$385,619
Grants paid
$968,096
Program service revenue
$0
Investment income
$22,113
Other revenue
$0
Total assets, end of year
$171,030
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$171,030
Program services expenses (Part IX)
$1,008,469
Management and general expenses
$37,687
Fundraising expenses
$0
Program service expenses (Part III)
$1,008,469

Program services were 96.4% 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.

  • 1f · All other contributions, gifts and grants

    $385,619

  • 3 · Investment income

    total $22,113 · excluded $22,113

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $951,737 · program services $951,737

  • 2 · Grants to domestic individuals

    total $16,359 · program services $16,359

  • 7 · Other salaries and wages

    total $27,122 · program services $27,122

  • 9 · Other employee benefits

    total $6,050 · program services $6,050

  • 10 · Payroll taxes

    total $2,086 · program services $2,086

  • 11c · Fees: accounting

    total $6,160 · management and general $6,160

  • 12 · Advertising and promotion

    total $2,925 · program services $2,925

  • 13 · Office expenses

    total $31,457 · management and general $31,457

  • 17 · Travel

    total $70 · management and general $70

  • 24a · Other expenses: AUXILARY PROGRAM EXPENS

    total $2,190 · program services $2,190

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $172,399 · end of year $171,030

  • 2 · Savings and temporary cash investments

    beginning of year $558,176 · end of year $0

  • 15 · Other assets

    beginning of year $78,879 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $809,454 · end of year $171,030

Mission and programs · 2024

Mission

TO RAISE FUNDS TO SUPPORT KSB HOSPITAL'S MISSION TO RESTORE, MAINTAIN AND ENHANCE HEALTH BY PROVIDING SUPERIOR CARE NOW AND IN THE FUTURE.

  • EARLY LEARNING LITERACY PROGRAM: INITIATIVE TO IMPROVE KINDERGARTEN READINESS IN OUR COMMUNITIES BY PROVIDING PARENTS EDUCATION IN UNDERSTANDING THE POWER OF LANGUAGE AND INTERACTION IN THE FIRST THREE YEARS OF A CHILD'S LIFE.

    Expenses $6,461 · Grants $6,461

  • TO RAISE FUNDS TO SUPPORT KSB'S MISSION TO RESTORE, MAINTAIN AND ENHANCE HEALTH BY PROVIDING SUPERIOR CARE NOW AND IN THE FUTURE.

    Expenses $1,002,008 · Grants $961,635

As filed on the 2024 return.

Listed in Part VII

  • David Schreiner

    PRESIDENT/CEO

    Total calculated
    $685,302
    From this org
    $0
    From related orgs
    $635,140
    Other
    $50,162
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $623,623 related
    Bonus
    $0 + $8,000 related
    Other
    $0 + $3,517 related
    Deferred
    $0 + $15,898 related
    Nontaxable benefits
    $0 + $34,264 related
    Filer's total
    $0 + $685,302 related
  • David Hellmich MD

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 1.3 related
  • Rick Curia

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 0.9 related
  • Ryan Miller

    FDTN SECRETARY/HOSPITAL VP

    Total calculated
    $330,338
    From this org
    $0
    From related orgs
    $272,979
    Other
    $57,359
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $261,169 related
    Bonus
    $0 + $11,000 related
    Other
    $0 + $810 related
    Deferred
    $0 + $13,185 related
    Nontaxable benefits
    $0 + $44,174 related
    Filer's total
    $0 + $330,338 related
  • Austin Frazier

    HOSPITAL CFO

    Total calculated
    $475,350
    From this org
    $0
    From related orgs
    $414,132
    Other
    $61,218
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $387,592 related
    Bonus
    $0 + $26,000 related
    Other
    $0 + $540 related
    Deferred
    $0 + $16,928 related
    Nontaxable benefits
    $0 + $44,290 related
    Filer's total
    $0 + $475,350 related
  • Emily Kruger

    DIRECTOR/HOSPITAL EE

    Total calculated
    $9,081
    From this org
    $0
    From related orgs
    $9,081
    Other
    $0
    Hours/week
    1 + 40 related
  • Ray Neisewander III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.9 related
  • Peter Shaw

    FOUNDATION DIRECTOR (TERM END 2/24)

    Total calculated
    $23,009
    From this org
    $0
    From related orgs
    $19,866
    Other
    $3,143
    Hours/week
    20
  • Lynn Knodle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.9 related
  • Lauren Roth

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.9 related
  • Abby Weber

    FOUNDATION DIRECTOR

    Total calculated
    $86,724
    From this org
    $0
    From related orgs
    $63,780
    Other
    $22,944
    Hours/week
    20

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

The filer's explanations (Part III)

PART I, LINE 3
KATHERINE SHAW BETHEA HOSPITAL, A RELATED ORGANIZATION, USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

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

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • KSB VENTURES INC

    C · HOLD PARTNERSHIP INVESTMENT · IL

Assets distributed on this return

Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.

Provenance

Return type
form_990
Tax year
2024
Filed
14 October 2025
IRS schema version
2024v5.2
Source object
202542899349301024

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