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Nonprofiteer
← GIBSON AREA HOSPITAL FOUNDATION

Form 990 for tax year 2024

Filed by GIBSON AREA HOSPITAL FOUNDATION.

Totals

Total revenue
$634,938
Total expenses
$291,552
Contributions and grants received
$492,061
Grants paid
$91,076
Program service revenue
$0
Investment income
$162,570
Other revenue
-$19,693
Total assets, end of year
$15,013,552
Total liabilities, end of year
$98,946
Net assets or fund balances, end of year
$14,914,606
Program services expenses (Part IX)
$239,580
Management and general expenses
$51,972
Fundraising expenses
$0
Program service expenses (Part III)
$239,580

Program services were 82.2% 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

    $87,042

  • 1f · All other contributions, gifts and grants

    $405,019

  • 3 · Investment income

    total $162,570 · excluded $162,570

  • 8a · Fundraising events: gross income

    $14,798

  • 8a · Fundraising events: contributions included on line 1c

    $87,042

  • 8b · Fundraising events: direct expenses

    $34,491

  • 8c · Net income from fundraising events

    total -$19,693 · excluded -$19,693

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $91,076 · program services $91,076

  • 7 · Other salaries and wages

    total $79,037 · program services $64,810 · management and general $14,227

  • 9 · Other employee benefits

    total $19,759 · program services $16,202 · management and general $3,557

  • 17 · Travel

    total $10,268 · program services $8,420 · management and general $1,848

  • 24a · Other expenses: Supplies

    total $36,258 · program services $29,732 · management and general $6,526

  • 24b · Other expenses: Other

    total $33,524 · program services $11,603 · management and general $21,921

  • 24c · Other expenses: Lease, Rental & Small E

    total $10,200 · program services $8,364 · management and general $1,836

  • 24d · Other expenses: Utilities and Telephone

    total $6,213 · program services $5,095 · management and general $1,118

  • 24e · All other expenses

    total $5,217 · program services $4,278 · management and general $939

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,099,773 · end of year $772,882

  • 2 · Savings and temporary cash investments

    beginning of year $12,027 · end of year $12,036

  • 12 · Investments: other securities

    beginning of year $12,083,514 · end of year $14,204,969

  • 15 · Other assets

    beginning of year $0 · end of year $23,665

  • 17 · Accounts payable and accrued expenses

    beginning of year $198,579 · end of year $98,946

  • 27 · Net assets without donor restrictions

    beginning of year $12,996,735 · end of year $14,914,606

Mission and programs · 2024

Mission

To ensure that the Gibson Area Hospital and Health Services has the charitable and community resources to create excellence in health care programs and services, in support of a healthy community.

Activities or mission (Part I)

Organize/implement awareness/fundraising activities to further the mission of Gibson Area Hospital and support healthcare in surrounding communities.

  • Awareness activities and fundraising campaigns

    Expenses $239,580 · Grants $91,076

As filed on the 2024 return.

Listed in Part VII

  • Eric Tjarks

    Chairperson

    Total calculated
    $0
    Hours/week
    1
  • Robert Richardson

    First Vice Chair

    Total calculated
    $0
    Hours/week
    1
  • Jeremy Darnell

    Second Vice Chair

    Total calculated
    $0
    Hours/week
    1
  • Carissa Chandler

    Treasurer

    Total calculated
    $0
    Hours/week
    1
  • Brenda Timm

    Secretary

    Total calculated
    $0
    Hours/week
    1
  • Jeff Austman

    Director

    Total calculated
    $0
    Hours/week
    1
  • Rick Bowen

    Director

    Total calculated
    $0
    Hours/week
    1
  • Ellen Hankes

    Director

    Total calculated
    $0
    Hours/week
    1
  • Omar Geada

    Director

    Total calculated
    $524,992
    From this org
    $0
    From related orgs
    $499,573
    Other
    $25,419
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $499,573 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $11,484 related
    Nontaxable benefits
    $0 + $13,935 related
    Filer's total
    $0 + $524,992 related
  • Fred Kroner

    Director

    Total calculated
    $0
    Hours/week
    1
  • Tammi Fanson

    Director

    Total calculated
    $0
    Hours/week
    1
  • Greg Kurtenbach

    Director

    Total calculated
    $0
    Hours/week
    1
  • Theresa Rueck

    Director

    Total calculated
    $0
    Hours/week
    1
  • Rob Schmitt

    Director & Hospital CEO

    Total calculated
    $641,542
    From this org
    $0
    From related orgs
    $588,946
    Other
    $52,596
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $494,539 related
    Bonus
    $0 + $94,407 related
    Other
    $0
    Deferred
    $0 + $13,800 related
    Nontaxable benefits
    $0 + $38,796 related
    Filer's total
    $0 + $641,542 related
  • Marty Nuss

    Director & Hospital Presid

    Total calculated
    $0
    Hours/week
    1
  • Janelle Hoffman

    Director

    Total calculated
    $0
    Hours/week
    1
  • Bryan Luke

    Director

    Total calculated
    $0
    Hours/week
    1
  • Brad Cosgrove

    Director

    Total calculated
    $0
    Hours/week
    1

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 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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

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.

Provenance

Return type
form_990
Tax year
2024
Filed
30 July 2026
IRS schema version
2024v5.5
Source object
202602239349301505

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