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Nonprofiteer
← DAY KIMBALL HEALTHCARE FOUNDATION INC

Form 990 for tax year 2023

Filed by DAY KIMBALL HEALTHCARE FOUNDATION INC.

Totals

Total revenue
$678,766
Total expenses
$539,497
Contributions and grants received
$584,741
Grants paid
$0
Program service revenue
$0
Investment income
$94,025
Other revenue
$0
Total assets, end of year
$6,790,974
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$6,790,974
Program services expenses (Part IX)
$475,456
Management and general expenses
$64,041
Fundraising expenses
$0
Program service expenses (Part III)
$475,456

Program services were 88.1% 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

    $584,741

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $77,184 · excluded $77,184

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $1,220,885

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

    securities $1,204,044

  • 7c · Gain or loss

    securities $16,841 · other assets $0

  • 7d · Net gain or loss

    total $16,841 · excluded $16,841

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 7 · Other salaries and wages

    total $257,890 · program services $232,212 · management and general $25,678

  • 11f · Fees: investment management

    total $25,984 · management and general $25,984

  • 11g · Fees: other

    total $1,175 · program services $902 · management and general $273 · fundraising $0

  • 12 · Advertising and promotion

    total $10,004 · program services $7,676 · management and general $2,328

  • 13 · Office expenses

    total $235,652 · program services $227,920 · management and general $7,732

  • 14 · Information technology

    total $5,196 · program services $3,987 · management and general $1,209

  • 17 · Travel

    total $361 · program services $277 · management and general $84

  • 24a · Other expenses: LICENSES, DUES, & SUBSCRIPTIONS

    total $3,235 · program services $2,482 · management and general $753

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $18,340 · end of year $19,237

  • 2 · Savings and temporary cash investments

    beginning of year $2,798,670 · end of year $3,157,621

  • 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

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

    $0

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

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $2,912,535 · end of year $3,614,116

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    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

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $5,387,709 · end of year $6,332,705

  • 28 · Net assets with donor restrictions

    beginning of year $341,836 · end of year $458,269

Mission and programs · 2023

Mission

TO SUPPORT THE MISSION OF DAY KIMBALL HEALTHCARE TO IMPROVE THE HEALTH AND WELLBEING OF OUR COMMUNITY BY PROVIDING THE BEST MEDICAL CARE.

Activities or mission (Part I)

THE FOUNDATION'S ACTIVITY WILL BE TO PROVIDE FINANCIAL AND OTHER SUPPORT AS A TYPE 1 SUPPORTING ORGANIZATION TO THE HOSPITAL TO FULFILL ITS CHARITABLE MISSION.

  • TO SUPPORT THE MISSION OF DAY KIMBALL HEALTHCARE TO IMPROVE THE HEALTH AND WELLBEING OF OUR COMMUNITY BY PROVIDING THE BEST MEDICAL CARE.

    Expenses $475,456

As filed on the 2023 return.

Listed in Part VII

  • Janice Thurlow

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Kathy Rocha

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Kyle Kramer

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $0
    Hours/week
    1 + 42 related

  • Paul A Beaudoin

    PRESIDENT, TREASURER

    Total calculated
    $468,468
    From this org
    $0
    From related orgs
    $468,010
    Other
    $458
    Hours/week
    1 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $402,603 related
    Bonus
    $0 + $63,000 related
    Other
    $0 + $2,407 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $458 related
    Filer's total
    $0 + $468,468 related

  • Peter Deary

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Michael Baum MD

    DIRECTOR

    Total calculated
    $370,661
    From this org
    $0
    From related orgs
    $341,698
    Other
    $28,963
    Hours/week
    1 + 41 related

    Schedule J breakdown matched by us

    Base
    $0 + $274,023 related
    Bonus
    $0 + $64,465 related
    Other
    $0 + $3,210 related
    Deferred
    $0 + $9,900 related
    Nontaxable benefits
    $0 + $19,063 related
    Filer's total
    $0 + $370,661 related

  • Nancy Weiss

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Valentine Iamartino

    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

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 Arrangement used to establish the top management official's compensation
DAY KIMBALL HEALTHCARE, A RELATED ORGANIZATION, USES A WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE IN DETERMINING THE COMPENSATION OF THE CEO.

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
2023
Filed
13 August 2025
IRS schema version
2023v6.0
Source object
202522259349301922

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