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Nonprofiteer
← ST LUKES HEALTH CARE FOUNDATION

Form 990 for tax year 2023

Filed by ST LUKES HEALTH CARE FOUNDATION.

Totals

Total revenue
$6,791,960
Total expenses
$6,029,183
Contributions and grants received
$4,105,588
Grants paid
$4,737,703
Program service revenue
$604,804
Investment income
$2,032,669
Other revenue
$48,899
Total assets, end of year
$65,735,852
Total liabilities, end of year
$4,875,368
Net assets or fund balances, end of year
$60,860,484
Program services expenses (Part IX)
$4,737,703
Management and general expenses
$543,830
Fundraising expenses
$747,650
Program service expenses (Part III)
$4,737,703

Program services were 78.6% 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.

  • 1a · Federated campaigns

    $293,671

  • 1e · Government grants (contributions)

    $140,000

  • 1f · All other contributions, gifts and grants

    $3,671,917

  • 1g · Noncash contributions included above

    $2,673

  • 2a · Program service revenue: SUBS & JOINT VENTURES

    total $604,804 · related or exempt $604,804

  • 3 · Investment income

    total $1,575,104 · excluded $1,575,104

  • 7a · Gross sales of assets other than inventory

    securities $2,877,930

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

    securities $2,420,365

  • 7c · Gain or loss

    securities $457,565

  • 7d · Net gain or loss

    total $457,565 · excluded $457,565

  • 11a · Other revenue: MISCELLANEOUS

    total $48,899 · related or exempt $48,899

  • 11e · Other revenue, total

    $48,899

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,698,856 · program services $4,698,856

  • 2 · Grants to domestic individuals

    total $38,847 · program services $38,847

  • 5 · Compensation of officers, directors and key employees

    total $226,770 · management and general $113,385 · fundraising $113,385

  • 7 · Other salaries and wages

    total $423,092 · management and general $163,193 · fundraising $259,899

  • 8 · Pension plan contributions

    total $20,108 · management and general $7,756 · fundraising $12,352

  • 9 · Other employee benefits

    total $55,834 · management and general $21,536 · fundraising $34,298

  • 10 · Payroll taxes

    total $30,097 · management and general $11,609 · fundraising $18,488

  • 11b · Fees: legal

    total $3,895 · fundraising $3,895

  • 11c · Fees: accounting

    total $34,000 · fundraising $34,000

  • 11e · Fees: professional fundraising services

    total $48,000 · fundraising $48,000

  • 11f · Fees: investment management

    total $227,989 · management and general $223,294 · fundraising $4,695

  • 11g · Fees: other

    total $62,187 · fundraising $62,187

  • 12 · Advertising and promotion

    total $1,725 · fundraising $1,725

  • 13 · Office expenses

    total $13,154 · fundraising $13,154

  • 17 · Travel

    total $1,478 · fundraising $1,478

  • 19 · Conferences, conventions and meetings

    total $233 · fundraising $233

  • 22 · Depreciation, depletion and amortization

    total $7,333 · fundraising $7,333

  • 24a · Other expenses: MISCELLANEOUS EXPENSE

    total $132,528 · fundraising $132,528

  • 24b · Other expenses: INCOME TAXES

    total $3,057 · management and general $3,057

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $734,461 · end of year $955,795

  • 3 · Pledges and grants receivable

    beginning of year $820,745 · end of year $519,574

  • 7 · Other notes and loans receivable

    beginning of year $10,000 · end of year $2,259

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

    $435,214

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

    $417,992

  • 10c · Land, buildings and equipment, net

    beginning of year $24,555 · end of year $17,222

  • 11 · Investments: publicly traded securities

    beginning of year $50,840,832 · end of year $57,173,396

  • 12 · Investments: other securities

    beginning of year $117,000 · end of year $116,918

  • 13 · Investments: program-related

    beginning of year $5,969,278 · end of year $6,950,688

  • 17 · Accounts payable and accrued expenses

    beginning of year $201,564 · end of year $259,040

  • 25 · Other liabilities

    beginning of year $2,828,090 · end of year $4,616,328

  • 27 · Net assets without donor restrictions

    beginning of year $9,338,639 · end of year $11,091,870

  • 28 · Net assets with donor restrictions

    beginning of year $46,148,578 · end of year $49,768,614

Mission and programs · 2023

Mission

TO SUPPORT ST. LUKE'S HOSPITAL AS THE PREMIER RESOURCE FOR IMPROVING THE HEALTH OF EASTERN IOWANS.

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $4,737,703 · Grants $4,737,703 · Revenue $653,344

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • LOIS BUNTZ

    BOARD VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • TAMI CULVER

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • KATHY EPLEY

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • CASEY GREENE FR 0823

    BOARD MEMBER & CEO/PRESIDENT (SLMH)

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL HEINRICH TO 0323

    BOARD TREASURER & EXECUTIVE VP FINANCE/CFO

    Total calculated
    $0
    Hours/week
    1

  • LUCAS HICKS FR 0323

    BOARD TREASURER & EXECUTIVE VP FINANCE/CFO

    Total calculated
    $0
    Hours/week
    1

  • DONALD JOHNSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • GUY JOHNSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JAKE KENDALL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • KEITH KREWER MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JIM LEVETT MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • GENE NEIGHBOR

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MICHELLE NIERMANN TO 0723

    BOARD MEMBER & CEO/PRESIDENT (SLMH)

    Total calculated
    $0
    Hours/week
    1

  • SUSAN OVEL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DONALD PAYNTER MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • GWEN RANDALL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CONNIE ROBINSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • BETSY SOUER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • GARY SPEICHER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARY KLINGER

    PRESIDENT

    Total calculated
    $239,766
    From this org
    $213,147
    From related orgs
    $0
    Other
    $26,619
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $183,081
    Bonus
    $24,680
    Other
    $5,386
    Deferred
    $9,631
    Nontaxable benefits
    $16,988
    Filer's total
    $239,766

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)

FORM 990, PART VII, SECTION A, LINE 5:
ST. LUKE'S METHODIST HOSPITAL PAYS COMPENSATION TO MARY KLINGER, IN THE AMOUNTS OF: BASE PAY $183,081, BONUS & INCENTIVE COMPENSATION $24,680, OTHER COMPENSATION $5,386, DEFERRED COMPENSATION $9,631, NONTAXABLE BENEFITS $16,988. ST. LUKE'S HEALTH CARE FOUNDATION REIMBURSES ST. LUKE'S METHODIST HOSPITAL FOR PART OF THE COMPENSATION PAID TO MARY KLINGER.

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

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.

  • CHARITABLE REMAINDER UNITRUST #2

    T · INVESTMENT · IA · controlled entity

    Directly controlled by ST LUKE'S HEALTH CARE FOUNDATION

  • ST LUKE'S DEVELOPMENT COMPANY

    C · LESSOR NONRESIDENTIAL REAL ESTATE · IA · 100% owned · share of income $3,103,793 · share of assets $13,751,170 · controlled entity

    Directly controlled by ST LUKE'S HEALTH CARE FOUNDATION

Provenance

Return type
form_990
Tax year
2023
Filed
11 November 2024
IRS schema version
2023v5.1
Source object
202443199349309739

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