Skip to content
Nonprofiteer
← WILLIAM NEWTON HEALTHCAREFOUNDATION INC

Form 990 for tax year 2023

Filed by WILLIAM NEWTON HEALTHCAREFOUNDATION INC.

Totals

Total revenue
$443,588
Total expenses
$769,173
Contributions and grants received
$317,196
Grants paid
$505,365
Program service revenue
$0
Investment income
$100,506
Other revenue
$25,886
Total assets, end of year
$3,090,573
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$3,090,573
Program services expenses (Part IX)
$505,365
Management and general expenses
$92,092
Fundraising expenses
$171,716
Program service expenses (Part III)
$505,365

Program services were 65.7% 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.

  • 1c · Fundraising events

    $34,860

  • 1f · All other contributions, gifts and grants

    $282,336

  • 3 · Investment income

    total $77,490 · excluded $77,490

  • 7a · Gross sales of assets other than inventory

    securities $512,211

  • 7b · Less cost or other basis and sales expenses

    securities $489,195

  • 7c · Gain or loss

    securities $23,016

  • 7d · Net gain or loss

    total $23,016 · excluded $23,016

  • 8a · Fundraising events: gross income

    $50,347

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

    $34,860

  • 8b · Fundraising events: direct expenses

    $24,461

  • 8c · Net income from fundraising events

    total $25,886 · excluded $25,886

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $495,053 · program services $495,053

  • 2 · Grants to domestic individuals

    total $10,312 · program services $10,312

  • 11e · Fees: professional fundraising services

    total $171,716 · fundraising $171,716

  • 11f · Fees: investment management

    total $18,151 · management and general $18,151

  • 11g · Fees: other

    total $25,000 · management and general $25,000

  • 24a · Other expenses: Miscellaneous expense

    total $48,941 · management and general $48,941

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $34,404 · end of year $73,265

  • 2 · Savings and temporary cash investments

    beginning of year $1,419,611 · end of year $860,983

  • 3 · Pledges and grants receivable

    beginning of year $361,095 · end of year $274,239

  • 4 · Accounts receivable

    beginning of year $52,892 · end of year $52,892

  • 11 · Investments: publicly traded securities

    beginning of year $1,739,444 · end of year $1,776,467

  • 12 · Investments: other securities

    beginning of year $44,783 · end of year $52,727

  • 25 · Other liabilities

    beginning of year $457,270 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $1,633,656 · end of year $1,525,878

  • 28 · Net assets with donor restrictions

    beginning of year $1,561,303 · end of year $1,564,695

Mission and programs · 2023

Mission

Provide philanthropic support to advance the mission of William Newton Memorial Hospital and enhance the quality of life in our community.

Activities or mission (Part I)

Fundraising for the support of William Newton Memorial Hospital

  • Raise philanthropic funds to support William Newton Memorial Hospital and local healthcare through offering scholarships to students seeking a career in healthcare, funding equipment purchases and leases, supporting physician recruitment, and providing funds for building and facilities.

    Expenses $505,365 · Grants $505,365

As filed on the 2023 return.

Listed in Part VII

  • Becky Long

    VP thru. June 2023/President

    Total calculated
    $0
    Hours/week
    1

  • Cory Helmer

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Dared Price

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Dr Todd Peters

    Trustee/VP begin. Aug. 2023

    Total calculated
    $256,395
    From this org
    $0
    From related orgs
    $227,154
    Other
    $29,241
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $227,154 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $19,558 related
    Nontaxable benefits
    $0 + $9,683 related
    Filer's total
    $0 + $256,395 related

  • Dick Vaught

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Dr K Daniel Miller

    Trustee

    Total calculated
    $493,627
    From this org
    $0
    From related orgs
    $444,675
    Other
    $48,952
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $444,675 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $27,819 related
    Nontaxable benefits
    $0 + $21,133 related
    Filer's total
    $0 + $493,627 related

  • Mike Mildfelt

    Pres. thru June 2023/Trustee

    Total calculated
    $0
    Hours/week
    1

  • Rob Fields

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Taggart Wall

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Greg Thompson

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Gail Sawyer

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Jessi Leeper

    Trustee begin Aug. 2023

    Total calculated
    $0
    Hours/week
    1

  • Annika Morris

    Foundation Director

    Total calculated
    $97,789
    From this org
    $0
    From related orgs
    $71,499
    Other
    $26,290
    Hours/week
    4 + 36 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

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

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

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
2023
Filed
12 November 2024
IRS schema version
2023v5.1
Source object
202423179349307652

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.