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Nonprofiteer
← ST MARGARETS HOSPITAL FOUNDATION

Form 990 for tax year 2022

Filed by ST MARGARETS HOSPITAL FOUNDATION.

Totals

Total revenue
$15,896
Total expenses
$60,709
Contributions and grants received
$18,719
Grants paid
$0
Program service revenue
$0
Investment income
$761
Other revenue
-$3,584
Total assets, end of year
$270,878
Total liabilities, end of year
$620,067
Net assets or fund balances, end of year
-$349,189
Program services expenses (Part IX)
$0
Management and general expenses
$24,178
Fundraising expenses
$36,531
Program service expenses (Part III)
not reported

Program services were 0.0% 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

    $18,719

  • 3 · Investment income

    total $761 · excluded $761

  • 9a · Gaming: gross income

    $13,180

  • 9b · Gaming: direct expenses

    $2,192

  • 9c · Net income from gaming

    total $10,988 · excluded $10,988

  • 10a · Gross sales of inventory

    $43,772

  • 10b · Cost of goods sold

    $58,344

  • 10c · Net income from sales of inventory

    total -$14,572 · excluded -$14,572

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $43,147 · management and general $14,382 · fundraising $28,765

  • 9 · Other employee benefits

    total $8,349 · management and general $2,783 · fundraising $5,566

  • 10 · Payroll taxes

    total $3,300 · management and general $1,100 · fundraising $2,200

  • 11g · Fees: other

    total $3,545 · management and general $3,545

  • 13 · Office expenses

    total $2,354 · management and general $2,354

  • 24a · Other expenses: Dues and memberships

    total $14 · management and general $14

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $199,485 · end of year $269,895

  • 3 · Pledges and grants receivable

    beginning of year $1,250 · end of year $825

  • 4 · Accounts receivable

    beginning of year $227 · end of year $158

  • 8 · Inventories for sale or use

    beginning of year $42,045 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $48,430

  • 10b · Land, buildings and equipment: accumulated depreciation

    $48,430

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $547,383 · end of year $620,067

  • 27 · Net assets without donor restrictions

    beginning of year -$361,508 · end of year -$417,103

  • 28 · Net assets with donor restrictions

    beginning of year $57,132 · end of year $67,914

Mission and programs · 2022

Mission

None

Activities or mission (Part I)

To support and assist St. Margaret's Health - Spring Valley.

  • St. Margaret's Hospital Foundation has been serving the community for more than 100 years with quality healthcare delivered with a spiritual confidence inspired by the Sisters of Mary of the Presentation. The purpose of St. Margaret's Hospital Foundation is to develop charitable resources which can be used to support the Mission of the Hospital. The Foundation has a community-based board of directors and ongoing fundraising activities assist in the funding of community education, remodeling and expansion of current facilities, and the purchase of state-of-the-art equipment to maintain the delivery of high-quality health care.

As filed on the 2022 return.

Listed in Part VII

  • Timothy A Muntz-Secretary

    SMH-Spring Valley Pres & CEO

    Total calculated
    $631,246
    From this org
    $0
    From related orgs
    $575,673
    Other
    $55,573
    Hours/week
    0.2 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $484,000 related
    Bonus
    $0 + $48,258 related
    Other
    $0 + $43,415 related
    Deferred
    $0 + $30,499 related
    Nontaxable benefits
    $0 + $27,405 related
    Filer's total
    $0 + $633,577 related

  • Linda Burt-Director

    SMH-SV VP of Quality & Comm Svcs

    Total calculated
    $298,074
    From this org
    $0
    From related orgs
    $279,794
    Other
    $18,280
    Hours/week
    0.2 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $276,746 related
    Bonus
    $0
    Other
    $0 + $3,048 related
    Deferred
    $0 + $4,800 related
    Nontaxable benefits
    $0 + $13,480 related
    Filer's total
    $0 + $298,074 related

  • Gina Brady Mudge

    Chair

    Total calculated
    $0
    Hours/week
    0.2

  • Julie Eilers

    Vice Chair

    Total calculated
    $0
    Hours/week
    0.2

  • Melissa Fetzer

    Director

    Total calculated
    $0
    Hours/week
    0.2

  • Kathy Pullam

    Director

    Total calculated
    $0
    Hours/week
    0.2

  • Heidi Ehm

    Director

    Total calculated
    $0
    Hours/week
    0.2

  • Stacie Sines

    Director

    Total calculated
    $0
    Hours/week
    0.2

  • Jan Seaborn

    Director (until June 2023)

    Total calculated
    $0
    Hours/week
    0.2

  • Linda Mercier

    Director

    Total calculated
    $0
    Hours/week
    0.2

  • Becky Kalman

    Director (until June 2023)

    Total calculated
    $0
    Hours/week
    0.2

  • Lisa Lynch-VP Finance

    SMH-Peru

    Total calculated
    $263,676
    From this org
    $0
    From related orgs
    $237,738
    Other
    $25,938
    Hours/week
    0.2 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $237,738 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $9,030 related
    Nontaxable benefits
    $0 + $21,581 related
    Filer's total
    $0 + $268,349 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

  • 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 3
St. Margaret's Hospital Foundation does not pay compensation to the President & CEO. This individual is compensated by Sisters of Mary of the Presentation Health System dba SMP Health, a related organization, for his services at the St. Margaret's Health-Spring Valley and St. Margaret's Hospital Foundation. Sisters of Mary of the Presentation Health System uses one or more of the methods on Part I, question 3 to determine compensation.
Part I, Line 4b
SMP Health has a nonqualified deferred compensation plan that complies with Section 409A of the IRC. SMP Health begins contributions into the plan after the employee's first year of service. The employee is vested based on a 20 year vesting schedule or becomes fully vested in the event of death, disability or reaching the age of 65. Employee name and amounts included on Schedule J are as follows: Name Part II, column B (iii) Timothy A. Muntz 37,415

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

No itemized grants to organizations 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.

  • SMP Enterprises

    C · Collection Agency · ND

  • Illinois Valley Health Services Inc

    C · Inative · IL

  • Health Care Building Corp

    C · Inactive · IL

  • Valley Health Enterprises Inc

    C · Home medical equipment · IL

  • IVCH General Professional Liability Loss Fund

    T · Inactive · IL

Provenance

Return type
form_990
Tax year
2022
Filed
25 July 2024
IRS schema version
2022v5.0
Source object
202422159349300627

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