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.
-
Gibson Community Hospital Association
501(c)(3) · Health care and related services · IL
-
Gibson Community Hospital Auxiliary
501(c)(3) · Gift shop and scholarships · IL
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 30 July 2026
- IRS schema version
- 2024v5.5
- Source object
- 202602239349301505
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