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Nonprofiteer
← WOOD COUNTY HOSPITAL FOUNDATION

Form 990 for tax year 2024

Filed by WOOD COUNTY HOSPITAL FOUNDATION.

Totals

Total revenue
$3,342,690
Total expenses
$2,028,282
Contributions and grants received
$870,554
Grants paid
$1,657,760
Program service revenue
$0
Investment income
$2,454,907
Other revenue
$17,229
Total assets, end of year
$46,810,770
Total liabilities, end of year
$39,615,092
Net assets or fund balances, end of year
$7,195,678
Program services expenses (Part IX)
$1,836,238
Management and general expenses
$132,669
Fundraising expenses
$59,375
Program service expenses (Part III)
$1,836,238

Program services were 90.5% 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

    $870,554

  • 3 · Investment income

    total $1,716,590 · excluded $1,716,590

  • 7a · Gross sales of assets other than inventory

    securities $1,125,000

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

    securities $386,683

  • 7c · Gain or loss

    securities $738,317

  • 7d · Net gain or loss

    total $738,317 · excluded $738,317

  • 10a · Gross sales of inventory

    $109,430

  • 10b · Cost of goods sold

    $92,201

  • 10c · Net income from sales of inventory

    total $17,229 · related or exempt $17,229

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,650,760 · program services $1,650,760

  • 2 · Grants to domestic individuals

    total $7,000 · program services $7,000

  • 7 · Other salaries and wages

    total $213,304 · program services $170,644 · management and general $21,330 · fundraising $21,330

  • 11g · Fees: other

    total $17,000 · management and general $17,000

  • 12 · Advertising and promotion

    total $2,767 · program services $2,214 · management and general $276 · fundraising $277

  • 13 · Office expenses

    total $86,929 · program services $649 · management and general $86,199 · fundraising $81

  • 14 · Information technology

    total $5,361 · management and general $4,825 · fundraising $536

  • 16 · Occupancy

    total $584 · management and general $584

  • 17 · Travel

    total $2,269 · program services $1,815 · management and general $227 · fundraising $227

  • 24a · Other expenses: FUNDRAISING

    total $36,191 · fundraising $36,191

  • 24e · All other expenses

    total $6,117 · program services $3,156 · management and general $2,228 · fundraising $733

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $281,704 · end of year $782,603

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

    $15,750

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

    $15,750

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $43,467,719 · end of year $44,935,839

  • 15 · Other assets

    beginning of year $0 · end of year $1,092,328

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,235 · end of year $12,364

  • 25 · Other liabilities

    beginning of year $38,103,849 · end of year $39,602,728

  • 27 · Net assets without donor restrictions

    beginning of year $4,625,212 · end of year $6,103,350

  • 28 · Net assets with donor restrictions

    beginning of year $1,015,127 · end of year $1,092,328

Mission and programs · 2024

Mission

THE MISSION OF THE FOUNDATION IS TO HELP ENSURE THAT WOOD COUNTY HOSPITAL HAS THE RESOURCES NEEDED TO SUCCESSFULLY ACCOMPLISH ITS STRATEGIC VISION AND MEET THE HEALTHCARE CHALLENGES FACING THE COMMUNITY IT SERVES.

Activities or mission (Part I)

PROVIDE SUPPORT TO THE PROGRAMS AND ACTIVITIES OF WOOD COUNTY HOSPITAL, AND SURROUNDING COMMUNITY HEALTH NEEDS.

  • PROVIDE SUPPORT TO THE PROGRAMS AND ACTIVITIES OF WOOD COUNTY HOSPITAL, AND SURROUNDING COMMUNITY. THROUGH FUNDRAISING THE FOUNDATION WILL ENHANCE THE DELIVERY OF QUALITY HEALTH CARE TO OUR COMMUNITY.

    Expenses $1,829,238 · Grants $1,650,760 · Revenue $17,229

  • PROVIDE COLLEGE SCHOLARSHIPS TO STUDENTS FOR MEDICALLY RELATED DEGREES.

    Expenses $7,000 · Grants $7,000

As filed on the 2024 return.

Listed in Part VII

  • LARRY WEISS

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • MICHELLE EVANS

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • DIANE HUFFMAN

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • MARK DREWES

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • KACEE FERRELL-SNYDER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • GAYLYN FINN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • ELIZABETH GREER FRY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • TIM HARRIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • ALISHA NENADOVICH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • MICHELLE REMEIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • BECCA FERGUSON

    BOARD MEMBER PARTIAL TERM

    Total calculated
    $0
    Hours/week
    1
  • CRISTY WALTON

    EXECUTIVE DIRECTOR

    Total calculated
    $181,575
    From this org
    $0
    From related orgs
    $157,790
    Other
    $23,785
    Hours/week
    24 + 16 related

    Schedule J breakdown matched by us

    Base
    $0 + $157,210 related
    Bonus
    $0
    Other
    $0 + $580 related
    Deferred
    $0 + $3,118 related
    Nontaxable benefits
    $0 + $20,667 related
    Filer's total
    $0 + $181,575 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

The filer's explanations (Part III)

PART I, LINE 3
THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY THE FOUNDATION'S NON-PROFIT PARENT ORGANIZATION, WOOD COUNTY HOSPITAL ASSOCIATION, USING THE FOLLOWING METHODS: 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

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
2024
Filed
1 April 2026
IRS schema version
2024v5.5
Source object
202630919349301008

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