Civic Intelligence

Regional West Foundation

990 • Fiscal year 2016 • EIN 23-7171022

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

4021 Avenue BScottsbluff, NE 69361

(308) 630-1111

Siviq Scores

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

Liabilities / Assets

28th percentile

0.06x

Higher debt load relative to assets than 28% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

75th percentile

0.79x

Higher debt load relative to revenue than 75% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

88th percentile

36%

Higher net margin than 88% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

95th percentile

$810,076

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 89.7% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

48th percentile

1.5%

Faster asset growth than 48% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

34th percentile

-2.0%

Faster revenue growth than 34% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$11,161,342

Up $165,595 (+1.5%) from 2015

Net Assets

Up

$10,451,737

Up $530,233 (+5.3%) from 2015

Liabilities

Down

$709,605

Down $364,638 (-34%) from 2015

Revenue

Down

$903,215

Down $18,300 (-2.0%) from 2015

Expenses

Up

$574,731

Up $192,337 (+50%) from 2015

Net Income

Down

$328,484

Down $210,637 (-39%) from 2015

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $6,665,988Liabilities 2010: $1,167,163Net Assets 2010: $5,498,8252010Assets 2011: $7,189,564Liabilities 2011: $1,206,152Net Assets 2011: $5,983,4122011Assets 2012: $7,771,855Liabilities 2012: $1,186,850Net Assets 2012: $6,585,0052012Assets 2013: $10,718,072Liabilities 2013: $1,122,585Net Assets 2013: $9,595,4872013Assets 2014: $11,270,297Liabilities 2014: $980,385Net Assets 2014: $10,289,9122014Assets 2015: $10,995,747Liabilities 2015: $1,074,243Net Assets 2015: $9,921,5042015Assets 2016: $11,161,342Liabilities 2016: $709,605Net Assets 2016: $10,451,7372016Assets 2017: $11,229,499Liabilities 2017: $460,787Net Assets 2017: $10,768,7122017Assets 2018: $12,089,591Liabilities 2018: $540,696Net Assets 2018: $11,548,8952018Assets 2019: $12,729,955Liabilities 2019: $552,735Net Assets 2019: $12,177,2202019Assets 2020: $14,470,200Liabilities 2020: $546,954Net Assets 2020: $13,923,2462020Assets 2021: $17,087,230Liabilities 2021: $663,979Net Assets 2021: $16,423,2512021Assets 2022: $13,139,500Liabilities 2022: $537,787Net Assets 2022: $12,601,7132022Assets 2023: $14,038,837Liabilities 2023: $404,089Net Assets 2023: $13,634,7482023Assets 2024: $12,532,926Liabilities 2024: $680,034Net Assets 2024: $11,852,8922024

Highlighted filing

2016

Assets$11,161,342
Liabilities$709,605
Net Assets$10,451,737

Operations Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $355,8592010Expenses 2011: $477,6832011Expenses 2012: $469,4042012Revenue 2013: $1,762,124Expenses 2013: $528,631Net Income 2013: $1,233,4932013Revenue 2014: $912,460Expenses 2014: $396,201Net Income 2014: $516,2592014Revenue 2015: $921,515Expenses 2015: $382,394Net Income 2015: $539,1212015Revenue 2016: $903,215Expenses 2016: $574,731Net Income 2016: $328,4842016Revenue 2017: $1,338,962Expenses 2017: $1,465,403Net Income 2017: -$126,4412017Revenue 2018: $2,027,732Expenses 2018: $466,852Net Income 2018: $1,560,8802018Revenue 2019: $1,354,874Expenses 2019: $2,537,070Net Income 2019: -$1,182,1962019Revenue 2020: $817,228Expenses 2020: $330,707Net Income 2020: $486,5212020Revenue 2021: $644,978Expenses 2021: $286,628Net Income 2021: $358,3502021Revenue 2022: $556,244Expenses 2022: $1,369,050Net Income 2022: -$812,8062022Revenue 2023: $1,483,180Expenses 2023: $729,785Net Income 2023: $753,3952023Revenue 2024: $678,143Expenses 2024: $2,777,986Net Income 2024: -$2,099,8432024

Highlighted filing

2016

Revenue$903,215
Expenses$574,731
Net Income$328,484
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$1,115,062
Mission and Program Overview

Mission

Regional west foundations mission is to serve the regional community in cooperation with regional west medical center by seeking and administering donations in support of quality health care services and education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,037,550$9,611,784▲ $574,234
Savings and Temporary Cash Investments$1,344,690$1,031,538▼ $313,152
Pledges and Grants Receivable$530,260$441,820▼ $88,440
Land, Buildings, and Equipment, Net$26,722$28,286▲ $1,564
Inventories for Sale or Use$23,873$23,873→ $0
Other Notes and Loans Receivable, Net$10,000--
Cash and Non-Interest-Bearing Accounts$2,844$4,742▲ $1,898
Prepaid Expenses and Deferred Charges-$1,486-
Total Assets$10,995,747$11,161,342▲ $165,595
Other Assets Total$19,808$17,813▼ $1,995
Liabilities
Other Liabilities$548,378$490,962▼ $57,416
Accounts Payable and Accrued Expenses$525,865$218,643▼ $307,222
Total Liabilities$1,074,243$709,605▼ $364,638
Net Assets / Fund Balance
Unrestricted Net Assets$5,374,724$5,944,418▲ $569,694
Temporarily Rstr Net Assets$3,285,550$3,247,098▼ $38,452
Permanently Rstr Net Assets$1,261,230$1,260,221▼ $1,009
Total Net Assets Fund Balance$9,921,504$10,451,737▲ $530,233
Total Liabilities and Net Assets / Fund Balance$10,995,747$11,161,342▲ $165,595

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$28,286$45,318$73,604

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$4,546,780$153,000▲ $72,629-$4,507,319
2015$4,853,177$255,505▼ $56,366-$4,546,780
2014$5,289,569$452,644▲ $179,311-$4,853,177
2013$2,278,727$32,105▲ $642,737-$5,289,569
2012$1,991,153$129,620▲ $76,042-$2,278,727
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul E HofmeisterBoard Member--$429,469$429,469
Austin EngelBoard Member--$83,756$83,756
Michael IckowskiCFO--$64,328$64,328
Gini HeinzSecretaryFT$39,911$7,093$47,004
Doug LeafgreenBoard Member--$25,241$25,241

Board Members and Trustees

NameTitle
John MasseyChairman
Todd Sorensen MdPresident
Rick MorehouseVice Chair
Cathy HeftiBoard Member
David Holdt MdBoard Member
Dawne WolfeBoard Member
Dennis HaddenBoard Member
Donald GentryBoard Member
John SelzerBoard Member
Mark Hartman MdBoard Member
Mary Kay HaunBoard Member
Paul MohrBoard Member
Peter MeyerBoard Member
Tom ParksBoard Member
John MentgenCEO
Revenue and Support

Revenue Composition

Contributions and Grants
$411,421
Program Service Revenue
$0
Investment Income
$428,072
Other Revenue
$63,722
All Other Contributions
$352,971
Change in Net Assets
$328,484
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$292,492
Salaries, Compensation, and Employee Benefits$155,828
Other Expenses$126,411
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$210,000--$210,000
Current Officers, Directors, Trustees, and Key Employees$125,488--$125,488
Grants to Domestic Individuals$82,492--$82,492
Office Expenses$23,449--$23,449
Interest$20,066--$20,066
Occupancy$18,463--$18,463
Payroll Taxes$10,286--$10,286
All Other Expenses$9,564--$9,564
Other Salaries and Wages$8,981--$8,981
Other Employee Benefits$8,689--$8,689
Fees for Services Accounting$4,800$1,500-$6,300
Other Expenses$4,271--$4,271
Travel$2,532--$2,532
Pension Plan Contributions$2,384--$2,384
Advertising$2,261--$2,261
Depreciation Depletion$2,132--$2,132
Fees for Services Other$962--$962
Conferences and Meetings$750--$750
Total Functional Expenses$573,231$1,500$0$574,731
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Regional West Medical CenterScottsbluff, NE501c3Capital$210,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$112,645
Fundraising Direct Expenses$52,905
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Foundation Gala$58,389$58,389$28,525$29,864
Memorial Golf S$57,906$54,256$16,240$38,016
Total Events$116,295$112,645$52,905$59,740
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Charitable Gift Annuities$324,329
Funds Held for Festival of Hope$166,633
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

Form is presented to and reviewed by the board in the month prior to the filing deadline.

Form 990, Page 6, Part VI, Line 12C

Annual disclosure by board members of any conflict of interest, as set forth in the policies, is required. For any possible conflict of interest identified, the remaining board determines if it actually constitutes a conflict of interest without the conflicted board member present. If a conflict of interest is determined to exist, the board, less the conflicted member, will then decide the level of involvement of the member in decision making for the entity, if there is an alternative arrangement that will eliminate the conflict of interest, and the appropriateness of the conflicted member continuing as a board member. Failure to disclose a conflict of interest can result in disciplinary and corrective action for the conflicted member.

Form 990, Page 6, Part VI, Line 15A

Compensation for the executive director is determined by an independent compensation committee made up of board members from the parent company.

Form 990, Page 6, Part VI, Line 19

Governing documents and policies are made avalable to the public on the organization's website.

Filing and Contact Details

Filer

Filer Name
Regional West Foundation
EIN
23-7171022
Address
4021 AVENUE B, SCOTTSBLUFF, NE 69361

Signing Officer

Name
Michael Ickowski
Title
CFO
Phone
3086301485
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Mentgen
Formed
1972
Legal Domicile
Ne
Voting Board Members
17
Independent Board Members
11
Employees
3

Preparer

Firm
Regional West Health Services
Address
4021 AVENUE B, SCOTTSBLUFF, NE 69361-4602
Preparer
Amy Holzworth CPA
Phone
3086302823
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Total of 953 persons have attended camp hope over the past twenty years. Emergency care network - this network exists to strengthen emergency medical care in the region by establishing a partnership to maintain and improve the emergency response system through education, communication, integrated tiered response and standardized equipment exchange. Members of the network include: western nebraska community college, valley ambulance services, inc., regional west medical center, state of nebraska ems, providers, physicians, hospitals and regional west foundation. Scholarships - regional west foundation awaraded 79 scolarships in the amount of 91,711 during 2016. These scholarships included medical student, nursing and other health related scholarships. Regional west foundation believes assisting with the education of those in the medical profession is of great benefit not only to regional west medical center but to all medical facilities including physician offices in our entire region.

Form 990, Part XI, Line 9

Pledged contributions 0 pledges received -93,137 transfer to rwmc 0 total -93,137

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IRS990/Desc0REGIONAL WEST FOUNDATION ACCOMPLISHES ITS MISSION OF SERVING THE REGIONAL COMMUNITY AND SUPPORTS QUALITY HEALTH SERVICES AND EDUCATION THROUGH THE FOLLOWING PROGRAMS: CAMP HOPE - REGIONAL WEST FOUNDATION COMPLETELY UNDERWRITES THE COST OF CAMP HOPE, WHICH IS AN ADULT CANCER CAMP DESIGNED FOR THE ADULT PERSON WITH CANCER, AND HIS OR HER SUPPORT PERSON. THIS CAMP PROVIDES A SUPPORTING CARING ENVIRONMENT AWAY FROM THE STRESSES OF DAY TO DAY RESPONSIBILITIES WHERE CANCER PATIENTS AND THEIR SUPPORT PERSONS LEARN NEW COPING SKILLS, MAINTAIN HOPE AND REDISCOVER JOY IN LIFE, DESPITE THEIR ILLNESS. A TOTAL OF 953 PERSONS HAVE ATTENDED CAMP HOPE OVER THE PAST TWENTY YEARS. EMERGENCY CARE NETWORK - THIS NETWORK EXISTS TO STRENGTHEN EMERGENCY MEDICAL CARE IN THE REGION BY ESTABLISHING A PARTNERSHIP TO MAINTAIN AND IMPROVE THE EMERGENCY RESPONSE SYSTEM THROUGH EDUCATION, COMMUNICATION, INTEGRATED TIERED RESPONSE AND STANDARDIZED EQUIPMENT EXCHANGE. MEMBERS OF THE NETWORK INCLUDE: WESTERN NEBRASKA COMMUNITY COLLEGE, VALLEY AMBULANCE SERVICES, INC., REGIONAL WEST MEDICAL CENTER, STATE OF NEBRASKA EMS, PROVIDERS, PHYSICIANS, HOSPITALS AND REGIONAL WEST FOUNDATION. SCHOLARSHIPS - REGIONAL WEST FOUNDATION AWARADED 79 SCOLARSHIPS IN THE AMOUNT OF 91,711 DURING 2016. THESE SCHOLARSHIPS INCLUDED MEDICAL STUDENT, NURSING AND OTHER HEALTH RELATED SCHOLARSHIPS. REGIONAL WEST FOUNDATION BELIEVES ASSISTING WITH THE EDUCATION OF THOSE IN THE MEDICAL PROFESSION IS OF GREAT BENEFIT NOT ONLY TO REGIONAL WEST MEDICAL CENTER BUT TO ALL MEDICAL FACILITIES INCLUDING PHYSICIAN OFFICES IN OUR ENTIRE REGION.
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.5$0.68$11.9$0.68$2.78$2.10
2023Detailed filing. Detailed filing data is available for this year.$14.0$0.40$13.6$1.48$0.73$0.75
2022Detailed filing. Detailed filing data is available for this year.$13.1$0.54$12.6$0.56$1.37$0.81
2021Detailed filing. Detailed filing data is available for this year.$17.1$0.66$16.4$0.64$0.29$0.36
2020Detailed filing. Detailed filing data is available for this year.$14.5$0.55$13.9$0.82$0.33$0.49
2019Detailed filing. Detailed filing data is available for this year.$12.7$0.55$12.2$1.35$2.54$1.18
2018Detailed filing. Detailed filing data is available for this year.$12.1$0.54$11.5$2.03$0.47$1.56
2017Detailed filing. Detailed filing data is available for this year.$11.2$0.46$10.8$1.34$1.47$0.13
2016Detailed filing. Detailed filing data is available for this year.$11.2$0.71$10.5$0.90$0.57$0.33
2015Detailed filing. Detailed filing data is available for this year.$11.0$1.07$9.92$0.92$0.38$0.54
2014Detailed filing. Detailed filing data is available for this year.$11.3$0.98$10.3$0.91$0.40$0.52
2013Detailed filing. Detailed filing data is available for this year.$10.7$1.12$9.60$1.76$0.53$1.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.77$1.19$6.59$0.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.19$1.21$5.98$0.48
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.67$1.17$5.50$0.36