Totals
- Total revenue
- $6,303,184
- Total expenses
- $4,346,285
- Contributions and grants received
- $6,141,937
- Grants paid
- $3,232,093
- Program service revenue
- $0
- Investment income
- $178,193
- Other revenue
- -$16,946
- Total assets, end of year
- $19,444,039
- Total liabilities, end of year
- $21,522
- Net assets or fund balances, end of year
- $19,422,517
- Program services expenses (Part IX)
- $3,237,795
- Management and general expenses
- $287,796
- Fundraising expenses
- $820,694
- Program service expenses (Part III)
- $3,237,795
Program services were 74.5% 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
$413,815
-
1d · Related organizations
$519,764
-
1e · Government grants (contributions)
$1,907,721
-
1f · All other contributions, gifts and grants
$3,300,637
-
1g · Noncash contributions included above
$78,688
-
3 · Investment income
total $396,108 · excluded $396,108
-
7a · Gross sales of assets other than inventory
securities $9,080,457
-
7b · Less cost or other basis and sales expenses
securities $9,298,372
-
7c · Gain or loss
securities -$217,915
-
7d · Net gain or loss
total -$217,915 · excluded -$217,915
-
8a · Fundraising events: gross income
$122,008
-
8a · Fundraising events: contributions included on line 1c
$413,815
-
8b · Fundraising events: direct expenses
$138,954
-
8c · Net income from fundraising events
total -$16,946 · excluded -$16,946
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $3,143,160 · program services $3,143,160
-
2 · Grants to domestic individuals
total $88,933 · program services $88,933
-
7 · Other salaries and wages
total $605,877 · management and general $201,959 · fundraising $403,918
-
8 · Pension plan contributions
total $28,712 · management and general $9,571 · fundraising $19,141
-
9 · Other employee benefits
total $88,032 · management and general $29,344 · fundraising $58,688
-
10 · Payroll taxes
total $42,986 · management and general $14,329 · fundraising $28,657
-
11e · Fees: professional fundraising services
total $235,728 · fundraising $235,728
-
11f · Fees: investment management
total $4,646 · management and general $4,646
-
12 · Advertising and promotion
total $35,787 · fundraising $35,787
-
13 · Office expenses
total $22,445 · management and general $8,740 · fundraising $13,705
-
17 · Travel
total $355 · management and general $355
-
22 · Depreciation, depletion and amortization
total $326 · fundraising $326
-
23 · Insurance
total $900 · management and general $900
-
24a · Other expenses: PURCHASED SERVICES
total $24,240 · program services $5,702 · management and general $17,952 · fundraising $586
-
24b · Other expenses: PUBLIC RELATIONS
total $24,158 · fundraising $24,158
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $168,714 · end of year $17,556
-
3 · Pledges and grants receivable
beginning of year $1,166,656 · end of year $1,483,673
-
4 · Accounts receivable
beginning of year $56 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $450 · end of year $450
-
10a · Land, buildings and equipment: cost or other basis
$105,393
-
10b · Land, buildings and equipment: accumulated depreciation
$103,598
-
10c · Land, buildings and equipment, net
beginning of year $2,121 · end of year $1,795
-
11 · Investments: publicly traded securities
beginning of year $12,829,548 · end of year $15,672,601
-
15 · Other assets
beginning of year $2,284,725 · end of year $2,267,964
-
17 · Accounts payable and accrued expenses
beginning of year $113,216 · end of year $2,873
-
25 · Other liabilities
beginning of year $18,867 · end of year $18,649
-
27 · Net assets without donor restrictions
beginning of year $498,746 · end of year $756,197
-
28 · Net assets with donor restrictions
beginning of year $15,821,441 · end of year $18,666,320
Mission and programs · 2023
Mission
IMPROVING HEALTH, ENRICHING LIFEWHY WE SERVE: TO SUPPORT ALTRU HEALTH SYSTEM IN FULFILLING ITS MISSION OF ACHIEVING OPTIMUM HEALTH FOR ALL RESIDENTS IN OUR REGION THROUGH THE FUNDING OF TECHNOLOGY, FACILITIES, MEDICAL EDUCATION AND HEALTH CARE FOR THOSE IN NEED. THIS FULFILLS ALTRU HEALTH SYSTEM'S OVERALL MISSION OF MAKING A DIFFERENCE FOR THOSE WE CARE FOR.
Activities or mission (Part I)
ALTRU HEALTH FOUNDATION'S MISSION IS TO SUPPORT ALTRU HEALTH SYSTEM IN FULFILLING ITS MISSION OF ACHIEVING OPTIMUM HEALTH FOR ALL RESIDENTS RESIDING IN OUR REGION THROUGH FUNDING OF TECHNOLOGY, FACILITIES, MEDICAL EDUCATION, AND HEALTHCARE FOR THOSE IN NEED. THIS FULFILLS ALTRU HEALTH SYSTEM'S OVERALL MISSION OF MAKING A DIFFERENCE FOR THOSE WE CARE FOR.
-
THE PRIMARY PURPOSE OF ALTRU HEALTH FOUNDATION IS TO RAISE FUNDS FOR ALTRU HEALTH SYSTEM. TOTAL GRANTS AND DISBURSEMENTS TO ALTRU HEALTH SYSTEM AND AFFILIATES TOTALS $1,821,133 TO SUPPORT PATIENT NEEDS, PATIENT ASSISTANCE PROGRAMMING, CAPITAL EQUIPMENT NEEDS, PRESCRIPTION ASSISTANCE, AND SEVERAL DEPARTMENTS' PROGRAM AND GENERAL NEEDS.
Expenses $1,821,133 · Grants $1,821,133
-
GRANTS TO NON-ALTRU NONPROFIT ENTITIES TO FURTHER THEIR MISSIONS AND CONTINUE THEIR SERVICES TO THE REGION. GRANTS AND SCHOLARSHIPS TO INDIVIDUALS.
Expenses $1,416,662 · Grants $1,410,960
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Kristi Hall-JiranKRISTI HALL-JIRAN
DIRECTOR & CHIEF PHILANTHROPY OFFICER
- Total calculated
- $479,446
- From this org
- $0
- From related orgs
- $344,421
- Other
- $135,025
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $0 + $273,306 related
- Bonus
- $0 + $47,385 related
- Other
- $0 + $23,730 related
- Deferred
- $0 + $132,968 related
- Nontaxable benefits
- $0 + $5,059 related
- Filer's total
- $0 + $482,448 related
-
Skip GreenbergSKIP GREENBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Keith LundKEITH LUND
HONORARY CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jenny ArelJENNY AREL
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Dan MulroyDAN MULROY
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
David ZavoralDAVID ZAVORAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kathryn KesterKATHRYN KESTER
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Kristi Magnuson NelsonKRISTI MAGNUSON NELSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sadie GardnerSADIE GARDNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kamrin MackiKAMRIN MACKI
DIRECTOR
- Total calculated
- $199,112
- From this org
- $0
- From related orgs
- $185,843
- Other
- $13,269
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $185,578 related
- Bonus
- $0
- Other
- $0 + $265 related
- Deferred
- $0 + $9,408 related
- Nontaxable benefits
- $0 + $5,365 related
- Filer's total
- $0 + $200,616 related
-
Matt WalkowiakMATT WALKOWIAK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Todd ForkelTODD FORKEL
DIRECTOR (CEO AHS)
- Total calculated
- $1,278,330
- From this org
- $0
- From related orgs
- $860,303
- Other
- $418,027
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $729,397 related
- Bonus
- $0 + $119,069 related
- Other
- $0 + $11,837 related
- Deferred
- $0 + $388,617 related
- Nontaxable benefits
- $0 + $32,708 related
- Filer's total
- $0 + $1,281,628 related
-
Joshua DeereJOSHUA DEERE
DIRECTOR (PRESIDENT AHS)
- Total calculated
- $1,048,001
- From this org
- $0
- From related orgs
- $705,201
- Other
- $342,800
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $578,794 related
- Bonus
- $0 + $103,367 related
- Other
- $0 + $23,040 related
- Deferred
- $0 + $317,357 related
- Nontaxable benefits
- $0 + $28,742 related
- Filer's total
- $0 + $1,051,300 related
-
Chris JohnsonCHRIS JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Douglas ArvinDOUGLAS ARVIN
CFO/TREASURER
- Total calculated
- $87,144
- From this org
- $0
- From related orgs
- $82,333
- Other
- $4,811
- Hours/week
- 1 + 40 related
-
Derek GoebelDEREK GOEBEL
CFO/TREASURER
- Total calculated
- $514,779
- From this org
- $0
- From related orgs
- $351,628
- Other
- $163,151
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $330,733 related
- Bonus
- $0 + $15,390 related
- Other
- $0 + $5,505 related
- Deferred
- $0 + $161,489 related
- Nontaxable benefits
- $0 + $4,675 related
- Filer's total
- $0 + $517,792 related
-
Brittany CaillierBRITTANY CAILLIER
DIRECTOR OF PHILANTHROPY
- Total calculated
- $205,322
- From this org
- $151,230
- From related orgs
- $0
- Other
- $54,092
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,635
- Bonus
- $500
- Other
- $95
- Deferred
- $32,857
- Nontaxable benefits
- $22,770
- Filer's total
- $206,857
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
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 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 4B
- KRISTI HALL-JIRAN, $24,123, 457(F) CONTRIBUTION TODD FORKEL, $96,418, 457(F) CONTRIBUTION JOSHUA DEERE, $76,078, 457(F) CONTRIBUTION DEREK GOEBEL, $30,499, 457(F) CONTRIBUTION
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
-
$1,821,133
FACILITY ENHANCEMENTS, PROGRAM SUPPORT, EDUCATIONAL SUPPORT, PATIENT NEEDS, EMPLOYEE SUPPORT, EQUIPMENT NEEDS OF MEDICAL DEPARTMENTS, GENERAL PROGRAM NEEDS.
-
$10,000
2023 SOURCES OF STRENGTH PROGRAM SPONSOR
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.
-
501(C)(3) · HOSPITAL/OUTPATIENT CARE · ND
-
501(C)(3) · SUPPORT OF ALTRU HOSPITAL AND AFFILIATES · ND
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.
-
ALTRU SPECIALTY SERVICES
C · DME SALES, RETAIL PHARMACY · ND
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 11 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433139349301018
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