Form 990 for tax year 2024
Filed by GREATER WATERTOWN COMMUNITY HEALTH FOUNDATION INC.
Totals
- Total revenue
- $37,133,573
- Total expenses
- $31,955,537
- Contributions and grants received
- $2,925,970
- Grants paid
- $1,203,311
- Program service revenue
- $24,149,973
- Investment income
- $7,534,343
- Other revenue
- $2,523,287
- Total assets, end of year
- $134,324,904
- Total liabilities, end of year
- $19,270,426
- Net assets or fund balances, end of year
- $115,054,478
- Program services expenses (Part IX)
- $30,757,201
- Management and general expenses
- $1,198,336
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $30,757,201
Program services were 96.2% 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.
-
1e · Government grants (contributions)
$2,523,717
-
1f · All other contributions, gifts and grants
$402,253
-
2a · Program service revenue: JOINT VENTURE - HOSPITAL
total $23,025,267 · related or exempt $23,025,267
-
2b · Program service revenue: JOINT VENTURE - SENIOR HOUSING
total $1,124,706 · related or exempt $1,124,706
-
3 · Investment income
total $2,016,639 · excluded $2,016,639
-
6a · Gross rents
real property $715,922
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $715,922
-
6d · Net rental income or loss
total $715,922 · excluded $715,922
-
7a · Gross sales of assets other than inventory
securities $31,662,997
-
7b · Less cost or other basis and sales expenses
securities $26,145,293
-
7c · Gain or loss
securities $5,517,704
-
7d · Net gain or loss
total $5,517,704 · excluded $5,517,704
-
11a · Other revenue: REIMBURSEMENT FOR TENANT IMPROVEM
total $1,807,365 · related or exempt $1,807,365
-
11e · Other revenue, total
$1,807,365
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,203,311 · program services $1,203,311
-
5 · Compensation of officers, directors and key employees
total $939,219 · program services $829,306 · management and general $109,913
-
7 · Other salaries and wages
total $533,777 · program services $481,510 · management and general $52,267
-
9 · Other employee benefits
total $51,024 · program services $47,666 · management and general $3,358
-
10 · Payroll taxes
total $79,468 · program services $62,264 · management and general $17,204
-
11a · Fees: management
total $59,034 · program services $3,585 · management and general $55,449
-
11b · Fees: legal
total $309 · management and general $309
-
11c · Fees: accounting
total $5,600 · management and general $5,600
-
11d · Fees: lobbying
total $60,000 · management and general $60,000
-
11f · Fees: investment management
total $353,675 · management and general $353,675
-
11g · Fees: other
total $114,035 · program services $2,838 · management and general $111,197
-
12 · Advertising and promotion
total $75,526 · program services $5,863 · management and general $69,663
-
13 · Office expenses
total $97,862 · program services $37,482 · management and general $60,380
-
14 · Information technology
total $42,790 · management and general $42,790
-
16 · Occupancy
total $419,531 · program services $419,531
-
17 · Travel
total $28,115 · program services $2,054 · management and general $26,061
-
19 · Conferences, conventions and meetings
total $260,384 · program services $248,099 · management and general $12,285
-
20 · Interest
total $769,883 · program services $769,883
-
22 · Depreciation, depletion and amortization
total $679,878 · program services $679,878
-
23 · Insurance
total $79,559 · management and general $79,559
-
24a · Other expenses: JOINT VENTURE - HOSPITA
total $21,163,424 · program services $21,163,424
-
24b · Other expenses: COGS
total $4,357,746 · program services $4,357,746
-
24c · Other expenses: REPAIRS AND MAINTENANCE
total $459,058 · program services $415,014 · management and general $44,044
-
24d · Other expenses: DUES AND SUBSCRIPTIONS
total $44,093 · management and general $44,093
-
24e · All other expenses
total $78,236 · program services $27,747 · management and general $50,489
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,675,654 · end of year $3,470,430
-
2 · Savings and temporary cash investments
beginning of year $179,658 · end of year $184,946
-
4 · Accounts receivable
beginning of year $744 · end of year $2,953
-
9 · Prepaid expenses and deferred charges
beginning of year $824 · end of year $25,751
-
10a · Land, buildings and equipment: cost or other basis
$24,947,832
-
10b · Land, buildings and equipment: accumulated depreciation
$5,813,893
-
10c · Land, buildings and equipment, net
beginning of year $21,501,628 · end of year $19,133,939
-
11 · Investments: publicly traded securities
beginning of year $87,436,850 · end of year $90,088,144
-
13 · Investments: program-related
beginning of year $17,702,824 · end of year $19,064,667
-
15 · Other assets
beginning of year $1,681,881 · end of year $2,354,074
-
17 · Accounts payable and accrued expenses
beginning of year $4,411,355 · end of year $1,437,780
-
23 · Secured mortgages and notes payable
beginning of year $16,652,848 · end of year $16,573,246
-
25 · Other liabilities
beginning of year $1,539,233 · end of year $1,259,400
-
27 · Net assets without donor restrictions
beginning of year $108,527,631 · end of year $114,945,081
-
28 · Net assets with donor restrictions
beginning of year $48,996 · end of year $109,397
Mission and programs · 2024
Mission
TO INSPIRE COLLABORATION, MOBILIZE RESOURCES AND ENCOURAGE INNOVATION THAT MEASURABLY CONTRIBUTES TO THE WELLBEING OF OUR COMMUNITIES.
-
GREATER WATERTOWN COMMUNITY HEALTH FOUNDATION OPERATES AS A HEALTH FOUNDATION, SERVING AS A CATALYST FOR COMMUNITY HEALTH. WE LEAD OUR OWN FOUNDATION-DIRECTED HEALTH PROGRAMMING AND OFFER RESPONSIVE GRANT CYCLES. THE FOUNDATION HOLDS A 20% INTEREST IN WATERTOWN HOLDING COMPANY, LLC. THE FOUNDATION ALSO HOLDS MAJORITY OWNERSHIP INTEREST IN TWO SENIOR APARTMENT COMPLEXES, WATERTOWN SENIOR HOUSING, LLC AND WATERTOWN SENIOR HOUSING II, LLC. THE FOUNDATION HOLDS 100% INTEREST IN GWCHF HOLDINGS LLC, WHICH OPERATES A NONPROFIT CENTER AS WELL AS LAND FOR HOUSING REDEVELOPMENT PURPOSES.
Expenses $30,757,201 · Grants $1,203,311 · Revenue $25,957,338
As filed on the 2024 return.
Listed in Part VII
-
Deb PortmanDEB PORTMAN
SECRETARY
- Total calculated
- $76,422
- From this org
- $49,378
- From related orgs
- $0
- Other
- $27,044
- Hours/week
- 40
-
Benjamin WhemeierBENJAMIN WHEMEIER
PRESIDENT & CEO
- Total calculated
- $16,788
- From this org
- $10,528
- From related orgs
- $0
- Other
- $6,260
- Hours/week
- 40
-
Margaret HanrahanMARGARET HANRAHAN
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Steven BattenbergSTEVEN BATTENBERG
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Elliot ClarkELLIOT CLARK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Orlando DominguezORLANDO DOMINGUEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Michael Grajewski MDMICHAEL GRAJEWSKI MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Barb GudgeonBARB GUDGEON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Karla MullenKARLA MULLEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Randy PhelpsRANDY PHELPS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Carol QuestCAROL QUEST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Tim SchulerTIM SCHULER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mick SelckMICK SELCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mike Sullivan MDMIKE SULLIVAN MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Marcy TessmannMARCY TESSMANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Tina CraveTINA CRAVE
CHIEF TRANSFORMATION OFFICER
- Total calculated
- $233,027
- From this org
- $199,838
- From related orgs
- $0
- Other
- $33,189
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $199,838
- Bonus
- $0
- Other
- $0
- Deferred
- $8,240
- Nontaxable benefits
- $24,949
- Filer's total
- $233,027
-
Nathan PetersNATHAN PETERS
CFO/TREASURER
- Total calculated
- $173,025
- From this org
- $142,474
- From related orgs
- $0
- Other
- $30,551
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $142,474
- Bonus
- $0
- Other
- $0
- Deferred
- $6,272
- Nontaxable benefits
- $24,279
- Filer's total
- $173,025
-
Kimberly MelcherKIMBERLY MELCHER
CHIEF IMPACT OFFICER
- Total calculated
- $150,605
- From this org
- $120,548
- From related orgs
- $0
- Other
- $30,057
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $120,548
- Bonus
- $0
- Other
- $0
- Deferred
- $5,108
- Nontaxable benefits
- $24,949
- Filer's total
- $150,605
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
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
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
-
$326,321
MANAGEMENT TRANSITION, FOUNDATION FOR GROWTH, GRANT WRITING SERVICES, BOARD GIFT 2024 RRCC
-
$206,593
COLLECTIVE TRANSITION, YMCA BUILDING COMMUNITY, EMPLOYER SPONSORED CARE, YMCA DHS SOCIAL ISOLATION & LONELINESS (PG), BOARD GIFT 2024 WTTN YMCA
-
COMPEER FINANCIAL RURAL COLLABORATION GRANT, HABITAT FOR HUMANITY; BUILDING A BETTER JEFFERSON COUNTY
-
WI READING CORP (SY21-ONGOING)
-
SCHOOL DISTRICT OF JEFFERSON
$51,825
PLAYWORKS JEFFERSON MS, ASQ HUB GRANT, PLAYWORKS ACTIVE RECESS
-
MARANATHA BAPTIST UNIVERSITY INC
$41,670
WATERTOWN EMPLOYER SPONSORED CARE
-
WATERLOO SCHOOL DISTRICT
$38,600
PLAYWORKS ACTIVE RECESS - MIDDLE & ELEM, YOUTH WELLBEING SUMMIT 2025
-
DODGELAND SCHOOL DISTRICT
$35,530
ASQ HUB GRANT, BOARD GIFT 2024 ED FND WTTN
-
$33,695
ALL THE LONELY PEOPLE SCREENING, RAINBOW DHS SOCIAL ISOLATION AND LONELINESS (PG)
-
RAISING WISCONSIN POLICY AGENDA, WECA CHILDCARE CONSULTING
The 10 largest by cash amount. The API serves every itemized grant.
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.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
CORPORATE CENTER · WI · income $724,383 · assets $12,814,151
Directly controlled by GWCHF HOLDINGS LLC
-
LAND FOR FUTURE DEVELOPMENT · WI · income $4,284,365 · assets $3,072,771
Directly controlled by GWCHF HOLDINGS LLC
-
RESIDENTIAL RENTAL PROPERTY · WI · income $34,241 · assets $426,411
Directly controlled by GWCHF HOLDINGS LLC
-
HOLDING COMPANY · WI · income $0 · assets $0
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
WATERTOWN SENIOR HOUSING LLC
RELATED · LOW INCOME SENIOR HOUSING · WI · 60% owned · share of income $312,634 · share of assets $1,256,496
Directly controlled by FOUNDATION
-
WATERTOWN SENIOR HOUSING II LLC
RELATED · LOW INCOME SENIOR HOUSING · WI · 60% owned · share of income $348,465 · share of assets $1,415,150
Directly controlled by FOUNDATION
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 August 2026
- IRS schema version
- 2024v5.5
- Source object
- 202632259349301988
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