Civic Intelligence

Greene County Medical Center Foundation

990 • Fiscal year 2016 • EIN 23-7163421

Jul 01, 2015 to Jun 30, 2016 • Filed on Apr 15, 2017

1000 LincolnwayJefferson, IA 50129

(515) 386-2114

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

91st percentile

0.96x

Higher debt load relative to assets than 91% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

91st percentile

2.42x

Higher debt load relative to revenue than 91% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

6th percentile

-54%

Higher net margin than 6% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

6th percentile

-20%

Faster asset growth than 6% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

86th percentile

40%

Faster revenue growth than 86% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$3,160,464

Down $812,028 (-20%) from 2015

Net Assets

Down

$115,332

Down $684,527 (-86%) from 2015

Liabilities

Down

$3,045,132

Down $127,501 (-4.0%) from 2015

Revenue

Up

$1,257,660

Up $356,408 (+40%) from 2015

Expenses

Up

$1,942,252

Up $464,806 (+31%) from 2015

Net Income

Down

-$684,592

Down $108,398 (-19%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $1,801,097Liabilities 2010: $32,447Net Assets 2010: $1,768,6502010Assets 2011: $2,664,802Liabilities 2011: $33,838Net Assets 2011: $2,630,9642011Assets 2012: $2,613,634Liabilities 2012: $20,000Net Assets 2012: $2,593,6342012Assets 2013: $3,467,347Liabilities 2013: $10,230Net Assets 2013: $3,457,1172013Assets 2014: $4,230,712Liabilities 2014: $2,854,598Net Assets 2014: $1,376,1142014Assets 2015: $3,972,492Liabilities 2015: $3,172,633Net Assets 2015: $799,8592015Assets 2016: $3,160,464Liabilities 2016: $3,045,132Net Assets 2016: $115,3322016Assets 2017: $2,399,886Liabilities 2017: $2,947,614Net Assets 2017: -$547,7282017Assets 2018: $2,370,218Liabilities 2018: $3,375,461Net Assets 2018: -$1,005,2432018Assets 2019: $1,508,311Liabilities 2019: $2,558,165Net Assets 2019: -$1,049,8542019Assets 2020: $1,762,530Liabilities 2020: $2,477,833Net Assets 2020: -$715,3032020Assets 2021: $1,481,709Liabilities 2021: $2,034,981Net Assets 2021: -$553,2722021Assets 2022: $1,093,093Liabilities 2022: $1,467,225Net Assets 2022: -$374,1322022Assets 2023: $1,074,344Liabilities 2023: $1,131,114Net Assets 2023: -$56,7702023Assets 2024: $965,767Liabilities 2024: $783,490Net Assets 2024: $182,2772024

Highlighted filing

2016

Assets$3,160,464
Liabilities$3,045,132
Net Assets$115,332

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $243,6472010Expenses 2011: $259,6432011Expenses 2012: $156,1932012Expenses 2013: $350,8992013Revenue 2014: $3,291,945Expenses 2014: $2,435,682Net Income 2014: $856,2632014Revenue 2015: $901,252Expenses 2015: $1,477,446Net Income 2015: -$576,1942015Revenue 2016: $1,257,660Expenses 2016: $1,942,252Net Income 2016: -$684,5922016Revenue 2017: $460,716Expenses 2017: $1,123,865Net Income 2017: -$663,1492017Revenue 2018: $523,440Expenses 2018: $980,955Net Income 2018: -$457,5152018Revenue 2019: $482,016Expenses 2019: $526,627Net Income 2019: -$44,6112019Revenue 2020: $865,851Expenses 2020: $531,300Net Income 2020: $334,5512020Revenue 2021: $638,842Expenses 2021: $476,811Net Income 2021: $162,0312021Revenue 2022: $658,957Expenses 2022: $479,817Net Income 2022: $179,1402022Revenue 2023: $855,107Expenses 2023: $537,745Net Income 2023: $317,3622023Revenue 2024: $945,743Expenses 2024: $706,696Net Income 2024: $239,0472024

Highlighted filing

2016

Revenue$1,257,660
Expenses$1,942,252
Net Income-$684,592
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Apr 15, 2017
Return Version
2015v3.0
Gross Receipts
$1,262,870
Mission and Program Overview

Mission

To solicit and receive contributions and gifts from individuals, institutions and organizations, all in an effort to benefit the health and well-being of our community through services and education.

To solicit and receive contributions to benefit the health and well-being of our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,135,805$1,956,710▲ $820,905
Land, Buildings, and Equipment, Net$821,140$750,971▼ $70,169
Pledges and Grants Receivable$459,009$402,752▼ $56,257
Accounts Receivable$51,903$49,000▼ $2,903
Investments in Publicly Traded Securities$1,504,635$1,031▼ $1,503,604
Total Assets$3,972,492$3,160,464▼ $812,028
Liabilities
Other Liabilities$2,161,198$2,101,348▼ $59,850
Deferred Revenue$630,820$629,110▼ $1,710
Accounts Payable and Accrued Expenses$380,615$314,674▼ $65,941
Total Liabilities$3,172,633$3,045,132▼ $127,501
Net Assets / Fund Balance
Temporarily Rstr Net Assets$459,009$768,852▲ $309,843
Unrestricted Net Assets$340,850$-653,520▼ $994,370
Total Net Assets Fund Balance$799,859$115,332▼ $684,527
Total Liabilities and Net Assets / Fund Balance$3,972,492$3,160,464▼ $812,028

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$729,902$1,948,679$2,678,581
Other Land Buildings$21,069-$21,069
Compensation and Service Providers

Board Members and Trustees

NameTitle
Doug HawnPresident
Victoria RileyVice President
Cheryl SheerDirector
David PedersenDirector
Jake BohnetDirector
Carl BehneCEO of Greene Co Medical C
Mark VanderLindenCFO of Greene Co Medical C
Bill RaneySecretary
Mark ParkerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$902,435
Program Service Revenue
$344,434
Investment Income
$9,736
Other Revenue
$1,055
All Other Contributions
$893,508
Change in Net Assets
$-684,592

Audited Revenue Reconciliation

Revenue per Audited Statements
$895,172
Revenue Not Reported on Financial Statements
$362,488
Revenue Not Reported on Form 990
$167,757
Other Revenue Adjustments
$362,488
Total Revenue per Audited Statements
$1,062,929
Total Revenue per Form 990
$1,257,660
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,367,400
Other Expenses$313,248
Salaries, Compensation, and Employee Benefits$243,814
Total Fundraising Expense$17,903
Professional Fundraising Fees$17,790

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,361,900--$1,361,900
Other Salaries and Wages$138,282$61,879-$200,161
Occupancy$97,751--$97,751
Depreciation Depletion$91,238--$91,238
Other Employee Benefits$18,019$8,386-$26,405
Fees for Services Professional Fundraising--$17,790$17,790
Fees for Services Other$17,771--$17,771
Office Expenses$8,795$6,724$113$15,632
Payroll Taxes$10,083$4,693-$14,776
Other Expenses$13,313$335-$13,313
Grants to Domestic Individuals$5,500--$5,500
Pension Plan Contributions-$2,472-$2,472
Advertising-$426-$426
Travel$169$22-$191
Insurance-$100-$100
Total Functional Expenses$1,839,312$85,037$17,903$1,942,252

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,947,462
Expenses per Audited Statements$1,942,252
Total Expenses per Form 990$1,942,252
Expenses Not Reported on Form 990$5,210
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Greene County Medical CenterJefferson, IAState of IowaPhysician recruitment and purchase of equipment$1,361,900
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$17,790
Fundraising Gross Income$6,265
Fundraising Direct Expenses$5,210

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$11,687$2,760$106$2,654
Total Events$11,687$2,760$5,210$-2,450
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Estimated refundable advance fees$2,101,348
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 4

The Bylaws were amended as follows: Section 2.08 Any vacancy in the Board is now filled by the Foundation Board of Directors. Section 2.11 A Director may be removed from office by the vote of not less than three-fourths of the Board of Directors of the Greene County medical Center Foundation Board.

Form 990, Part VI, Section A, line 8B

The Organization does not have committees with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, line 11

The Board of Directors receives and reviews a copy of the Form 990 before it is filed.

Form 990, Part VI, Section B, line 12C

Conflict of interest statements are signed by all Board Members and officers annually. The statements are reviewed by the President of the Board. If a potential conflict arises the President of the Board follows up. Any duality of interest or potential conflict of interest on the part of any member of the Board of Directors or officer should be disclosed to the other Directors and made a matter of record, either through the annual disclosure procedure or when the interest becomes a matter of Board action. Any Director having an actual or possible conflict of interest on any matter should not vote or use his/her personal influence on any such matter, and he/she should not be counted in determining the quorum for the meeting, even when permitted by law. The minutes of the meeting should reflect that a disclosure was made, the Director's abstention from voting, and the quorum situation.

Form 990, Part VI, Section C, line 19

The Organization's governing documents, conflict of interest policy, and financial statements are available upon request.

Form 990, Part VII, Section A:

Carl Behne, CEO, and Mark VanderLinden, CFO, are employees of UnityPoint Health providing services to Greene County Medical Center. Services provided to the Foundation are not compensated.

Filing and Contact Details

Filer

Filer Name
Greene County Medical Center Foundation
EIN
23-7163421
Phone
5153862114
Address
1000 Lincolnway, Jefferson, IA 50129

Signing Officer

Name
Doug Hawn
Title
President
Phone
5153862114
Signed
2017-04-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doug Hawn
Formed
1972
Legal Domicile
Ia
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
13

Preparer

Firm
Eide Bailly Llp
Address
1545 ASSOCIATES DR STE 101, DUBUQUE, IA 52002
Preparer
Carmen Krantz
Phone
5635561790
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

The CFO of Greene County Medical Center assumes responsibility for oversight of the audit and selection of an independent accountant.

Financial Statement Notes

Part X, Line 2:

The Foundation is organized as an Iowa nonprofit corporation and has been recognized by the Internal Revenue Service (IRS) as exempt from federal income taxes under Internal Revenue Code Section 501(c)(3). The Foundation is also exempt from Iowa income taxes. The Foundation is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. The Foundation would be subject to income tax on net income that is derived from business activities that are unrelated to its exempt purpose, as applicable. The Foundation believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Foundation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.

Part XI, Line 2D - Other Adjustments:

Net assets released from restriction included in revenue for financial stmts 167,757.

Part XI, Line 4B - Other Adjustments:

Fundraising expenses included in revenue on Form 990 -5,210. Temporarily restricted contributions included in revenue on Form 990 367,698.

Part XII, Line 2D - Other Adjustments:

Fundraising expenses included in revenue on Form 990 5,210.

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IRS990/Desc0The Greene County Medical Center Foundation supports the mission of Greene County Medical Center. Green County Medical Center is a community based system genuinely committed to enriching its community by providing quality, compassionate care to every patient and contributing to the well-being of every family. Funds are used exclusively for the benefit of charitable, scientific, or educational purposes that apply to health care at Greene County Medical Center.In the past, the Greenebacker campaign has raised funds for obstetrics remodeling, patient room upgrades, digital mammography equipment, a pulmonary function testing machine, physical therapy equipment, and an orthopedic clinic.The Greene County Medical Center Foundation was able to purchase a LogiQ ultrasound system. The Greene County Medical Center Foundation Capital Campaign is raising funds to expand and renovate Greene County Medical Center and was able to contribute over $1 million this year to offset construction costs.The Foundation operates Ever Greene Ridge, an independent living community for those age 55 years and older. This is a need in the community providing seniors with their own home without the burden of maintenance or repairs. Medical care is available nearby at Greene County Medical Center.
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IRS990/Form990PartVIISectionAGrp/PersonNm1Victoria Riley
IRS990/Form990PartVIISectionAGrp/PersonNm2Bill Raney
IRS990/Form990PartVIISectionAGrp/PersonNm3Mark Parker
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IRS990/Form990PartVIISectionAGrp/PersonNm7Carl Behne
IRS990/Form990PartVIISectionAGrp/PersonNm8Mark VanderLinden
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO of Greene Co Medical C
IRS990/Form990PartVIISectionAGrp/TitleTxt8CFO of Greene Co Medical C
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IRS990/OccupancyGrp/ProgramServicesAmt097751
IRS990/OccupancyGrp/TotalAmt097751
IRS990/OfficeExpensesGrp/FundraisingAmt0113
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06724
IRS990/OfficeExpensesGrp/ProgramServicesAmt08795
IRS990/OfficeExpensesGrp/TotalAmt015632
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08386
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt018019
IRS990/OtherEmployeeBenefitsGrp/TotalAmt026405
IRS990/OtherExpensesGrp/Desc0Repairs and maintenance
IRS990/OtherExpensesGrp/Desc1Food
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0335
IRS990/OtherExpensesGrp/ProgramServicesAmt076491
IRS990/OtherExpensesGrp/ProgramServicesAmt113313
IRS990/OtherExpensesGrp/TotalAmt076826
IRS990/OtherExpensesGrp/TotalAmt113313
IRS990/OtherLiabilitiesGrp/BOYAmt02161198
IRS990/OtherLiabilitiesGrp/EOYAmt02101348
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt061879
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0138282
IRS990/OtherSalariesAndWagesGrp/TotalAmt0200161
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04693
IRS990/PayrollTaxesGrp/ProgramServicesAmt010083
IRS990/PayrollTaxesGrp/TotalAmt014776
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02472
IRS990/PensionPlanContributionsGrp/TotalAmt02472
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0459009
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0402752
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Doug Hawn
IRS990/ProfessionalFundraisingInd01
IRS990/ProgramServiceRevenueGrp/BusinessCd0623312
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Rent-Independent Livin
IRS990/ProgramServiceRevenueGrp/Desc1Amortization of Advanc
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0228156
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt163816
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0228156
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt163816
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0538590
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0925219
IRS990/PYInvestmentIncomeAmt013124
IRS990/PYOtherExpensesAmt0299216
IRS990/PYOtherRevenueAmt040707
IRS990/PYProgramServiceRevenueAmt0308831
IRS990/PYRevenuesLessExpensesAmt0-576194
IRS990/PYSalariesCompEmpBnftPaidAmt0234203
IRS990/PYTotalExpensesAmt01477446
IRS990/PYTotalProfFndrsngExpnsAmt018808
IRS990/PYTotalRevenueAmt0901252
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-684592
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0344434
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01135805
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01956710
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Description: Cash Date: 06/30/14 Amount: 2009142.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part VI, List of Unusual Grants:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0902435
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0538590
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03150326
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0220194
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt064212
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04875757
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt09736
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt013124
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt026371
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt024342
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt032159
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0105732
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0796872
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.79340
IRS990ScheduleA/PublicSupportPY170Pct00.77630
IRS990ScheduleA/PublicSupportTotal170Amt03952082
IRS990ScheduleA/SubstantialContributorsTotAmt0923675
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0902435
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0538590
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03150326
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0220194
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt064212
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04875757
IRS990ScheduleA/TotalSupportAmt04981489
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0729902
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01948679
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02678581
IRS990ScheduleD/ExpensesNotReportedAmt05210
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01942252
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt05210
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt021069
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt021069
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02101348
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Estimated refundable advance fees
IRS990ScheduleD/OtherRevenueAmt0167757
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0362488
IRS990ScheduleD/RevenueNotReportedAmt0167757
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0362488
IRS990ScheduleD/RevenueSubtotalAmt0895172
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Foundation is organized as an Iowa nonprofit corporation and has been recognized by the Internal Revenue Service (IRS) as exempt from federal income taxes under Internal Revenue Code Section 501(c)(3). The Foundation is also exempt from Iowa income taxes. The Foundation is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. The Foundation would be subject to income tax on net income that is derived from business activities that are unrelated to its exempt purpose, as applicable. The Foundation believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Foundation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Net assets released from restriction included in revenue for financial stmts 167,757.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Fundraising expenses included in revenue on Form 990 -5,210. Temporarily restricted contributions included in revenue on Form 990 367,698.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Fundraising expenses included in revenue on Form 990 5,210.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0750971
IRS990ScheduleD/TotalExpensesPerForm990Amt01942252
IRS990ScheduleD/TotalLiabilityAmt02101348
IRS990ScheduleD/TotalRevenuePerForm990Amt01257660
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01062929
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01947462
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0Fundraising consultants
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt0826330
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0826330
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0Amperage
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt017790
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt06711 Chancellor Dr
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0Cedar Falls
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0IA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd050613
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt0754
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt0754
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt08927
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt08927
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt05210
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Golf Tournament
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0660
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0660
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt011687
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt011687
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt02760
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt02760
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-2450
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt01590
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt01590
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0106
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0106
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt02100
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt02100
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedStatesCd0IA
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/TotalGrossReceiptsAmt0826330
IRS990ScheduleG/TotalNetToOrganizationAmt0826330
IRS990ScheduleG/TotalRetainedByContractorsAmt017790
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt05500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Health Care scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt08
IRS990ScheduleI/RecipientTable/CashGrantAmt01361900
IRS990ScheduleI/RecipientTable/IRCSectionDesc0State of Iowa
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Physician recruitment and purchase of equipment
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Greene County Medical Center
IRS990ScheduleI/RecipientTable/RecipientEIN0426037888
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01000 W Lincolnway
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Jefferson
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd050129
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Grants to Greene County Medical Center are approved by the Board of Directors. The purpose of the Foundation is to benefit the health and well-being of the community through services and education. Grants to the Medical Center fulfills the exempt purpose of the Foundation. Greene County Medical Center Foundation reviews all requests for funds to determine that the requests fall within the mission of the Foundation. The grants must be used to improve and promote health care in the State of Iowa. Funds are mailed directly to the approved educational institution or they are mailed to the student for reimbursement once copies of receipts for books or supplies are approved. Greene County Medical Center Foundation offers a Health Care Scholarship to persons in the medical center service area that are entering or are already attending college in a health care field. The selection of the recipient is made by the selection committee, which consists of two trustees from the Greene County Medical Center Board and Administration. The selection is based on the application forms, references, and scholastic ability, and may or may not be based upon financial need. Disbursements are made by check payable to the college and mailed to the college. Confirmation from the college that the recipient is maintaining an academic standing required for graduation is required before a second or subsequent payment is made.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.97$0.78$0.18$0.95$0.71$0.24
2023Detailed filing. Detailed filing data is available for this year.$1.07$1.13$0.06$0.86$0.54$0.32
2022Detailed filing. Detailed filing data is available for this year.$1.09$1.47$0.37$0.66$0.48$0.18
2021Detailed filing. Detailed filing data is available for this year.$1.48$2.03$0.55$0.64$0.48$0.16
2020Detailed filing. Detailed filing data is available for this year.$1.76$2.48$0.72$0.87$0.53$0.33
2019Detailed filing. Detailed filing data is available for this year.$1.51$2.56$1.05$0.48$0.53$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.37$3.38$1.01$0.52$0.98$0.46
2017Detailed filing. Detailed filing data is available for this year.$2.40$2.95$0.55$0.46$1.12$0.66
2016Detailed filing. Detailed filing data is available for this year.$3.16$3.05$0.12$1.26$1.94$0.68
2015Detailed filing. Detailed filing data is available for this year.$3.97$3.17$0.80$0.90$1.48$0.58
2014Detailed filing. Detailed filing data is available for this year.$4.23$2.85$1.38$3.29$2.44$0.86
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.47$0.01$3.46$0.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.61$0.02$2.59$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.66$0.03$2.63$0.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.03$1.77$0.24