Form 990 for tax year 2022

Filed by CREATE HEALTHY FOUNDATION.

Totals

Total revenue: $2,095,140
Total expenses: $1,254,456
Contributions and grants received: $934,236
Grants paid: $439,613
Program service revenue: $0
Investment income: $1,160,904
Other revenue: $0
Total assets, end of year: $38,365,458
Total liabilities, end of year: $4,874,070
Net assets or fund balances, end of year: $33,491,388
Program services expenses (Part IX): $861,281
Management and general expenses: $393,175
Fundraising expenses: $0
Program service expenses (Part III): $861,281

Program services were 68.7% 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

$934,236
3 · Investment income

total $846,540 · excluded $846,540
4 · Income from investment of tax-exempt bond proceeds

total $0
5 · Royalties

total $0
6c · Rental income or loss

real property $0 · personal property $0
6d · Net rental income or loss

total $0
7a · Gross sales of assets other than inventory

securities $10,058,060
7b · Less cost or other basis and sales expenses

securities $9,743,696
7c · Gain or loss

securities $314,364
7d · Net gain or loss

total $314,364 · excluded $314,364
8a · Fundraising events: gross income

$0
8b · Fundraising events: direct expenses

$0
8c · Net income from fundraising events

total $0
9a · Gaming: gross income

$0
9b · Gaming: direct expenses

$0
9c · Net income from gaming

total $0
10a · Gross sales of inventory

$0
10b · Cost of goods sold

$0
10c · Net income from sales of inventory

total $0
11e · Other revenue, total

$0

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $439,613 · program services $439,613
2 · Grants to domestic individuals

total $0
3 · Grants to foreign organizations and individuals

total $0
4 · Benefits paid to or for members

total $0
5 · Compensation of officers, directors and key employees

total $128,331 · program services $32,083 · management and general $96,248
6 · Compensation of disqualified persons

total $0
7 · Other salaries and wages

total $162,497 · program services $162,497
8 · Pension plan contributions

total $9,955 · program services $9,955
9 · Other employee benefits

total $22,959 · program services $22,959
10 · Payroll taxes

total $23,322 · program services $18,365 · management and general $4,957
11a · Fees: management

total $0
11b · Fees: legal

total $0
11c · Fees: accounting

total $35,400 · management and general $35,400
11d · Fees: lobbying

total $0
11e · Fees: professional fundraising services

total $0
11f · Fees: investment management

total $175,959 · management and general $175,959
11g · Fees: other

total $101,380 · program services $48,919 · management and general $52,461
12 · Advertising and promotion

total $9,478 · program services $7,112 · management and general $2,366
13 · Office expenses

total $77,173 · program services $57,905 · management and general $19,268
14 · Information technology

total $0
15 · Royalties

total $0
16 · Occupancy

total $4,617 · program services $3,636 · management and general $981
17 · Travel

total $593 · program services $467 · management and general $126
18 · Travel or entertainment for public officials

total $0
19 · Conferences, conventions and meetings

total $11,644 · program services $8,737 · management and general $2,907
20 · Interest

total $0
21 · Payments to affiliates

total $0
22 · Depreciation, depletion and amortization

total $0
23 · Insurance

total $0
24a · Other expenses: Dues & Subscriptions

total $5,882 · program services $4,413 · management and general $1,469
24b · Other expenses: Recognition

total $29,078 · program services $29,078
24c · Other expenses: Foreign invest tax

total $12,437 · program services $12,437
24d · Other expenses: .

total $0
24e · All other expenses

total $4,138 · program services $3,105 · management and general $1,033

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $141,274 · end of year $35,650
2 · Savings and temporary cash investments

beginning of year $2,394,782 · end of year $1,300,375
3 · Pledges and grants receivable

beginning of year $0 · end of year $0
4 · Accounts receivable

beginning of year $1,095,115 · end of year $230,114
5 · Loans and receivables from officers and key people

beginning of year $0 · end of year $0
6 · Loans and receivables from disqualified persons

beginning of year $0 · end of year $0
7 · Other notes and loans receivable

beginning of year $0 · end of year $0
8 · Inventories for sale or use

beginning of year $0 · end of year $0
9 · Prepaid expenses and deferred charges

beginning of year $0 · end of year $0
10a · Land, buildings and equipment: cost or other basis

$127,003
10b · Land, buildings and equipment: accumulated depreciation

$47,003
10c · Land, buildings and equipment, net

beginning of year $80,000 · end of year $80,000
11 · Investments: publicly traded securities

beginning of year $39,871,847 · end of year $36,564,020
12 · Investments: other securities

beginning of year $0 · end of year $0
13 · Investments: program-related

beginning of year $0 · end of year $0
14 · Intangible assets

beginning of year $0 · end of year $0
15 · Other assets

beginning of year $218,349 · end of year $155,299
17 · Accounts payable and accrued expenses

beginning of year $22,073 · end of year $36,155
18 · Grants payable

beginning of year $0 · end of year $0
19 · Deferred revenue

beginning of year $0 · end of year $0
20 · Tax-exempt bond liabilities

beginning of year $0 · end of year $0
21 · Escrow or custodial account liability

beginning of year $0 · end of year $0
22 · Loans and payables to officers and key people

beginning of year $0 · end of year $0
23 · Secured mortgages and notes payable

beginning of year $0 · end of year $0
24 · Unsecured notes and loans payable

beginning of year $0 · end of year $0
25 · Other liabilities

beginning of year $5,062,739 · end of year $4,837,915
27 · Net assets without donor restrictions

beginning of year $14,722,885 · end of year $12,826,416
28 · Net assets with donor restrictions

beginning of year $23,993,670 · end of year $20,664,972

Mission and programs · 2022

Mission

CREATE HEALTHY FOUNDATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF CREATE HEALTHY MANAGEMENT AND ITS RELATED NONPROFIT ENTITIES.

Activities or mission (Part I)

TO SUPPORT THE OPERATION AND MAINTENANCE OF CREATE HEALTHY MANAGEMENT AND ITS RELATED HEALTH CARE SERVICES.

IN 2022, THE FOUNDATION FOR CREATE HEALTHY MANAGEMENT RAISED FUNDS TO SUPPORT THE CATH LAB AND THE WELLNESS CENTER RENOVATION. FUNDS WERE ALSO RAISED FOR THE GENERAL ENDOWMENT FUND, THE QUINN KOTT ENDOWMENT FUND AND NURSE STIPENDS.

Expenses $861,281 · Grants $439,613
CREATE HEALTHY FOUNDATION ACCEPTED GIFTS MADE TO FREDERICKBURG HOSPICE NO 1 TO PROVIDE HOSPICE CARE, BEREAVEMENT COUNSELING, INFANT LOSS REMEMBRANCE SERVICES, PATIENT CARE ITEMS AND SUPPLIES LIKE BLANKETS, HEATERS AND FANS.

As filed on the 2022 return.

Listed in Part VII

AMANDA STEVENS CFRE

EXECUTIVE DIRECTOR

Total calculated

$256,661

From this org

$107,676

From related orgs

$107,676

Other

$41,309

Hours/week

20 + 20 related

Schedule J breakdown matched by us

Base

$89,176 + $89,176 related

Bonus

$18,500 + $18,500 related

Other

$0

Deferred

$3,689 + $3,690 related

Nontaxable benefits

$16,965 + $16,965 related

Filer's total

$128,330 + $128,331 related
Mr Aaron Beeman

DIRECTOR

Total calculated

$0

Hours/week

0.5
Mrs Linda Cheslak

DIRECTOR

Total calculated

$0

Hours/week

0.5
Mr Jon Crenwelge

DIRECTOR

Total calculated

$0

Hours/week

0.5
Mr Jody Donovan

DIRECTOR

Total calculated

$0

Hours/week

0.5
Ms Margaret Dooley

DIRECTOR

Total calculated

$0

Hours/week

0.5
Ms Jan Dwyer

DIRECTOR

Total calculated

$0

Hours/week

0.5
Mr Allen Ersch

Secretary

Total calculated

$0

Hours/week

1
Mrs Autumn Faucheux

DIRECTOR

Total calculated

$0

Hours/week

0.5
Mr Kyle Frey

Treasurer

Total calculated

$0

Hours/week

1
Mrs Kathy Harper

DIRECTOR

Total calculated

$0

Hours/week

0.5
Mrs Elizabeth Harris

DIRECTOR

Total calculated

$0

Hours/week

0.5
Mrs Barbara Heinen

DIRECTOR

Total calculated

$0

Hours/week

0.5
Mrs Afton Hominick

DIRECTOR

Total calculated

$0

Hours/week

0.5
Mr Royce Hunter

DIRECTOR

Total calculated

$0

Hours/week

0.5
Ms Penny McBride

DIRECTOR

Total calculated

$0

Hours/week

0.5
Ms Allison McDade

DIRECTOR

Total calculated

$0

Hours/week

0.5
Mr Chris Schoessow

PRESIDENT

Total calculated

$0

Hours/week

1
Ms Kristina Seracen

DIRECTOR

Total calculated

$0

Hours/week

0.5
Mr Edward Stroeher

DIRECTOR

Total calculated

$0

Hours/week

0.5
Mr John Washburne

DIRECTOR

Total calculated

$0

Hours/week

0.5
Mr Todd Willingham

VICE PRESIDENT

Total calculated

$0

Hours/week

0.5

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)

SCHEDULE J, PART I, LINE 3: COMPENSATION OF EXECUTIVE DIRECTOR: CREATE HEALTHY MANAGEMENT, A RELATED ORGANIZATION, DETERMINES COMPENSATION OF THE EXECUTIVE DIRECTOR THROUGH THE USE OF THE FOLLOWING: - COMPENSATION COMMITTEE - COMPENSATION SURVEY OR STUDY - 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

CREATE HEALTHY MANAGEMENT

$439,613

SUPPORT OPS

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.

Create Healthy Management

501(C)(3) · HOSPITAL · TX

Directly controlled by None
FredEricksburg Physicians No 2

501(C)(3) · HEALTHCARE · TX

Directly controlled by CHM
Fredericksburg Physicians No 1

501(C)(3) · HEALTHCARE · TX

Directly controlled by CHM
Fredericksburg Hospice No 1

501(C)(3) · HOSPICE · TX

Directly controlled by CHM

Provenance

Return type: form_990
Tax year: 2022
Filed: 15 November 2023
IRS schema version: 2022v5.0
Source object: 202342919349301519

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