Civic Intelligence

Henry County Memorial Hospital Foundation Inc.

990 • Fiscal year 2024 • EIN 35-6042246

Jan 01, 2024 to Dec 31, 2024 • Filed on Jun 25, 2025

Organization Profile
PO Box 490New Castle, IN 47362

(765) 521-1501

Siviq Scores

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

Liabilities / Assets

51st percentile

0.27x

Higher debt load relative to assets than 51% of similar nonprofits.

2024 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

8.62x

Higher debt load relative to revenue than 95% of similar nonprofits.

2024 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

95th percentile

61%

Higher net margin than 95% of similar nonprofits.

2024 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

5th percentile

$43,500

Higher top officer pay than 5% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2024 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2024

Asset Growth

93rd percentile

34%

Faster asset growth than 93% of similar nonprofits.

2024 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

9th percentile

-18%

Faster revenue growth than 9% of similar nonprofits.

2024 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$105,471,979

Up $26,904,453 (+34%) from 2023

Net Assets

Up

$76,733,504

Up $5,505,323 (+7.7%) from 2023

Liabilities

Up

$28,738,475

Up $21,399,130 (+292%) from 2023

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin95th percentile

Revenue

Down

$3,332,194

Down $716,360 (-18%) from 2023

Expenses

Down

$1,291,262

Down $96,782 (-7.0%) from 2023

Net Income

Down

$2,040,932

Down $619,578 (-23%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$150M$100M$50M$0Assets 2020: $66,671,261Liabilities 2020: $3,701,934Net Assets 2020: $62,969,3272020Assets 2021: $73,435,320Liabilities 2021: $5,090,191Net Assets 2021: $68,345,1292021Assets 2022: $69,613,126Liabilities 2022: $5,394,350Net Assets 2022: $64,218,7762022Assets 2023: $78,567,526Liabilities 2023: $7,339,345Net Assets 2023: $71,228,1812023Assets 2024: $105,471,979Liabilities 2024: $28,738,475Net Assets 2024: $76,733,5042024Assets 2025: $114,528,467Liabilities 2025: $29,061,543Net Assets 2025: $85,466,9242025

Highlighted filing

2024

Assets$105,471,979
Liabilities$28,738,475
Net Assets$76,733,504
Open 2024 Filing

Operations Trend

Revenue Growth9th percentile

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

$10M$5.0M$0Revenue 2020: $3,612,684Expenses 2020: $1,324,617Net Income 2020: $2,288,0672020Revenue 2021: $9,093,409Expenses 2021: $1,203,042Net Income 2021: $7,890,3672021Revenue 2022: $2,863,703Expenses 2022: $1,547,995Net Income 2022: $1,315,7082022Revenue 2023: $4,048,554Expenses 2023: $1,388,044Net Income 2023: $2,660,5102023Revenue 2024: $3,332,194Expenses 2024: $1,291,262Net Income 2024: $2,040,9322024Revenue 2025: $6,170,453Expenses 2025: $1,276,888Net Income 2025: $4,893,5652025

Highlighted filing

2024

Revenue$3,332,194
Expenses$1,291,262
Net Income$2,040,932
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 25, 2025
Return Version
2024v5.0
Gross Receipts
$11,728,358
Mission and Program Overview

Mission

Corporation has been organized to and operates for the use and benefit of the henry county hospital, a county owned hospital in new castle, in, and other facilities and services operated as non-profits that serve the health care needs of the citizens of henry county, in.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$47,274,909$52,839,254▲ $5,564,345
Land, Buildings, and Equipment, Net$30,540,869$46,104,211▲ $15,563,342
Cash and Non-Interest-Bearing Accounts$710,415$6,351,138▲ $5,640,723
Accounts Receivable$41,333$161,650▲ $120,317
Prepaid Expenses and Deferred Charges-$15,726-
Total Assets$78,567,526$105,471,979▲ $26,904,453
Liabilities
Tax Exempt Bond Liabilities$715,236$23,473,800▲ $22,758,564
Other Liabilities$4,695,616$5,002,967▲ $307,351
Accounts Payable and Accrued Expenses$1,928,493$261,708▼ $1,666,785
Total Liabilities$7,339,345$28,738,475▲ $21,399,130
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$69,664,064$74,994,454▲ $5,330,390
Net Assets With Donor Restrictions$1,564,117$1,739,050▲ $174,933
Total Net Assets Fund Balance$71,228,181$76,733,504▲ $5,505,323
Total Liabilities and Net Assets / Fund Balance$78,567,526$105,471,979▲ $26,904,453

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$39,419,465$12,408,681$51,828,146
Land$6,340,573-$6,340,573
Equipment$344,173$4,300,000$4,644,173
Compensation and Service Providers
Top Officer Pay5th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Brian RingPresidentPT$43,500$43,500
Darin BrownTreasurerPT$20,000$20,000
Vanessa TuckerAsst Sec/trePT$17,475$17,475

Board Members and Trustees

NameTitle
Scott KoontzChairman
Duke HammVice Chairma
Allen MillsTrustee
Dave WeimerTrustee
David Barr MdTrustee
Debbie MargisonTrustee
Dr Nathan RichTrustee
Erika GilmanTrustee
Joel HarveyTrustee
John PidgeonTrustee
Mr Jack BaslerTrustee
Sarah BowmanTrustee
Trent MccormickTrustee
Josh EstelleSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Duke EnergyUtilitiesPO BOX 1326, SUITE 502, Charlotte, NC 28201$260,607
BoxcrushMarketing3905 VINCENNES ROAD, SUITE 267, Indianapolis, IN 46268$133,459
Suburban Health Organization INCRecruitmentPO BOX 3014, Indianapolis, IN 46206$122,716
Tbh CreativeMarketing600 E CARMEL DRIVE, Carmel, IN 46032$119,723
Ortman Drilling & Water ServicesContractor241 N 300 W, Kokomo, IN 46901$111,072
Revenue and Support

Revenue Composition

Contributions and Grants
$59,192
Program Service Revenue
$160,640
Investment Income
$1,400,679
Other Revenue
$1,711,683
All Other Contributions
$59,192
Change in Net Assets
$2,040,932

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,173,483
Revenue Not Reported on Financial Statements
$158,711
Revenue Not Reported on Form 990
$7,322,716
Total Revenue per Audited Statements
$10,496,199
Total Revenue per Form 990
$3,332,194
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,108,304
Salaries, Compensation, and Employee Benefits$97,801
Grants and Similar Amounts Paid$85,157
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$479,863--$479,863
Fees for Service Investment Mgmnt Fees-$158,712-$158,712
Current Officers, Directors, Trustees, and Key Employees-$80,975-$80,975
Grants to Domestic Orgs$48,550--$48,550
Grants to Domestic Individuals$36,607--$36,607
Fees for Services Accounting-$27,598-$27,598
Other Salaries and Wages-$8,525-$8,525
Payroll Taxes-$8,301-$8,301
Fees for Services Legal-$6,509-$6,509
All Other Expenses$1,856$3,406-$5,262
Other Expenses$3,193--$3,193
Conferences and Meetings$2,912--$2,912
Total Functional Expenses$997,236$294,026$0$1,291,262

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,990,876
Expenses Not Reported on Form 990$3,858,325
Total Expenses per Form 990$1,291,262
Expenses per Audited Statements$1,132,551
Expenses Not Reported on Financial Statements$158,711
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ivy Tech Community CollegeNew Castle, IN-Nurse Training Progr$48,550
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Hch$5,002,967
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“All of the members of the board must be residents of henry county, indiana and be persons interested in the health, safety and general welfare of the citizens of henry county, indiana and be supportive of the policies of the henry county hospital in its programs to provide high-quality hospital care and to aid in the alleviation of human suffering of all those persons using the facilities or services organized, managed or operated by it for such purpose.”

Form 990, Page 6, Part VI, Line 11B

“The form 990 is reviewed by the asistant sec/treasurer, treasurer, president, and the chairman of the board; and then it is signed and filed by the treasurer.”

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

“The policy is explained and discussed at the new board member orientation meeting and at the annual meeting of board held each year during march. Each member is informed that any actual or potential conflicts of interest be appropriately and timely disclosed.”

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

“The annual compensation is approved by the board.”

Form 990, Page 6, Part VI, Line 19

“The foundation provides copies of it's governing documents, conflict of interest policy, and financial statements to any member of the public who requests such information.”

Filing and Contact Details

Filer

Filer Name
Henry County Memorial
EIN
35-6042246
Phone
7655211501
Address
PO BOX 490, NEW CASTLE, IN 47362

Signing Officer

Name
Brian Ring
Title
President
Phone
7655211501
Signed
2025-06-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Ring
Formed
1954
Legal Domicile
In
Voting Board Members
17
Independent Board Members
17
Employees
4
Volunteers
5

Preparer

Firm
Aranowski & Company
Address
212 E LASALLE AVE STE 220, SOUTH BEND, IN 46617-3562
Preparer
David P Aranowski CPA
Phone
5742894821
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Corporation has been organized to and operates for the use and benefit of the henry county hospital, a county owned hospital in new castle, in, and other facilities and services operated as non-profits that serve the health care needs of the citizens of henry county, in.”

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

“To promote public relations and to provide service equipment to the hospital.”

Form 990, Part XI, Line 9

“Rental expenses 3,858,325 rental expenses -3,858,325 depreciation book to tax difference 0”

Financial Statement Notes

Schedule D, Page 3, Part X

“Foundation is exempt from incometaxes as a charitable organization under section 501(c)3 of the internal revenue code. Management has evaluated the foundation's tax positions and concluded that the foundation has taken no uncertain tax positions that require adjustment to the financial statement to comply with the provisions of asc 740-10. Penatlies and interest assessed by the income taxing authorities are included in operating expenses, in incurred. With few exceptions, the foundation is no longer subject to federal and state income tax examination for the years before 2020.”

Schedule D, Page 4, Part XI, Line 2D

“Rental expenses 3,858,325”

Schedule D, Page 4, Part XII, Line 2D

“Rental expenses 3,858,325”

Raw XML AppendixShowing 400 of 619 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01928493
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0261708
IRS990/AccountsReceivableGrp/BOYAmt041333
IRS990/AccountsReceivableGrp/EOYAmt0161650
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0CORPORATION HAS BEEN ORGANIZED TO AND OPERATES FOR THE USE AND BENEFIT OF THE HENRY COUNTY HOSPITAL, A COUNTY OWNED HOSPITAL IN NEW CASTLE, IN, AND OTHER FACILITIES AND SERVICES OPERATED AS NON-PROFITS THAT SERVE THE HEALTH CARE NEEDS OF THE CITIZENS OF HENRY COUNTY, IN.
IRS990/AdvertisingGrp/ProgramServicesAmt0479863
IRS990/AdvertisingGrp/TotalAmt0479863
IRS990/AllOtherContributionsAmt059192
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03406
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01856
IRS990/AllOtherExpensesGrp/TotalAmt05262
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0BRIAN RING
IRS990/BooksInCareOfDetail/PhoneNum07655211501
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 490
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW CASTLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd047362
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0710415
IRS990/CashNonInterestBearingGrp/EOYAmt06351138
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt05
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt080975
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt080975
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt02912
IRS990/ConferencesMeetingsGrp/TotalAmt02912
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0260607
IRS990/ContractorCompensationGrp/CompensationAmt1133459
IRS990/ContractorCompensationGrp/CompensationAmt2122716
IRS990/ContractorCompensationGrp/CompensationAmt3119723
IRS990/ContractorCompensationGrp/CompensationAmt4111072
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 1326
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt13905 VINCENNES ROAD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2PO BOX 3014
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3600 E CARMEL DRIVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4241 N 300 W
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine2Txt0SUITE 502
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine2Txt1SUITE 267
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0CHARLOTTE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1INDIANAPOLIS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2INDIANAPOLIS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3CARMEL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4KOKOMO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NC
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1IN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2IN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3IN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4IN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd028201
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd146268
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd246206
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd346032
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd446901
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0DUKE ENERGY
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1BOXCRUSH
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2SUBURBAN HEALTH ORGANIZATION INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3TBH CREATIVE
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4ORTMAN DRILLING & WATER SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc0UTILITIES
IRS990/ContractorCompensationGrp/ServicesDesc1MARKETING
IRS990/ContractorCompensationGrp/ServicesDesc2RECRUITMENT
IRS990/ContractorCompensationGrp/ServicesDesc3MARKETING
IRS990/ContractorCompensationGrp/ServicesDesc4CONTRACTOR
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt059192
IRS990/CYGrantsAndSimilarPaidAmt085157
IRS990/CYInvestmentIncomeAmt01400679
IRS990/CYOtherExpensesAmt01108304
IRS990/CYOtherRevenueAmt01711683
IRS990/CYProgramServiceRevenueAmt0160640
IRS990/CYRevenuesLessExpensesAmt02040932
IRS990/CYSalariesCompEmpBnftPaidAmt097801
IRS990/CYTotalExpensesAmt01291262
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03332194
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0LIFE LINE PROGRAM THE FOUNDATION RENTS LIFE LINE PERSONAL CALL UNITS TO RESIDENTS OF HENRY COUNTY. THE UNITS ARE LEASED AND THEN RENTED ON A MONTHLY BASIS TO ELDERLY PERSONS FOR USE IN THEIR HOMES SO THAT THEY ARE ABLE TO QUICKLY CALL AND RECEIVE MEDICAL AND OTHER TYPES OF ASSISTANCE. THIS SYSTEM IS DESIGNED TO KEEP PEOPLE IN THEIR HOMES LONGER RATHER THAN INCUR THE ADDITIONAL COSTS ASSOCIATED WITH AN ASSISTED LIVING FACILITY OR NURSING HOME. THE YEAR WAS STARTED WITH 566 SUBSCRIBERS AND ENDED WITH 0. THE PROGRAM ENDED IN 2022.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01564117
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01739050
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0218573
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt027598
IRS990/FeesForServicesAccountingGrp/TotalAmt027598
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt06509
IRS990/FeesForServicesLegalGrp/TotalAmt06509
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0158712
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0158712
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt08.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt152.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt162.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/PersonNm0BRIAN RING
IRS990/Form990PartVIISectionAGrp/PersonNm1DARIN BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm2VANESSA TUCKER
IRS990/Form990PartVIISectionAGrp/PersonNm3MR JACK BASLER
IRS990/Form990PartVIISectionAGrp/PersonNm4SARAH BOWMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5JOSH ESTELLE
IRS990/Form990PartVIISectionAGrp/PersonNm6ERIKA GILMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7DUKE HAMM
IRS990/Form990PartVIISectionAGrp/PersonNm8JOEL HARVEY
IRS990/Form990PartVIISectionAGrp/PersonNm9SCOTT KOONTZ
IRS990/Form990PartVIISectionAGrp/PersonNm10DAVID BARR MD
IRS990/Form990PartVIISectionAGrp/PersonNm11DEBBIE MARGISON
IRS990/Form990PartVIISectionAGrp/PersonNm12TRENT MCCORMICK
IRS990/Form990PartVIISectionAGrp/PersonNm13ALLEN MILLS
IRS990/Form990PartVIISectionAGrp/PersonNm14JOHN PIDGEON
IRS990/Form990PartVIISectionAGrp/PersonNm15DR NATHAN RICH
IRS990/Form990PartVIISectionAGrp/PersonNm16DAVE WEIMER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt043500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt217475
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2ASST SEC/TRE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01954
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-716168
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt036607
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt036607
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt048550
IRS990/GrantsToDomesticOrgsGrp/TotalAmt048550
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt03821671
IRS990/GrossReceiptsAmt011728358
IRS990/GrossRentsGrp/PersonalAmt01617475
IRS990/GrossRentsGrp/RealAmt03935314
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt0602534
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt0602534
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt017
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt01514313
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01514313
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt047274909
IRS990/InvestmentsPubTradedSecGrp/EOYAmt052839254
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt016708681
IRS990/LandBldgEquipBasisNetGrp/BOYAmt030540869
IRS990/LandBldgEquipBasisNetGrp/EOYAmt046104211
IRS990/LandBldgEquipCostOrOtherBssAmt062812892
IRS990/LegalDomicileStateCd0IN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt04537839
IRS990/LessRentalExpensesGrp/PersonalAmt0379156
IRS990/LessRentalExpensesGrp/RealAmt03479169
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CORPORATION HAS BEEN ORGANIZED TO AND OPERATES FOR THE USE AND BENEFIT OF THE HENRY COUNTY HOSPITAL, A COUNTY OWNED HOSPITAL IN NEW CASTLE, IN, AND OTHER FACILITIES AND SERVICES OPERATED AS NON-PROFITS THAT SERVE THE HEALTH CARE NEEDS OF THE CITIZENS OF HENRY COUNTY, IN.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt071228181
IRS990/NetAssetsOrFundBalancesEOYAmt076733504
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-716168
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-716168
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt01694464
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt01694464
IRS990/NetUnrlzdGainsLossesInvstAmt03464391
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt069664064
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt074994454
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0OTHER OPERATING EXPENSES
IRS990/OtherExpensesGrp/Desc1PHYSICIAN RECRUITMENT
IRS990/OtherExpensesGrp/Desc2DONATION EXPENSE
IRS990/OtherExpensesGrp/Desc3NEEDY MEDS
IRS990/OtherExpensesGrp/ProgramServicesAmt0218573
IRS990/OtherExpensesGrp/ProgramServicesAmt1162301
IRS990/OtherExpensesGrp/ProgramServicesAmt243381
IRS990/OtherExpensesGrp/ProgramServicesAmt33193
IRS990/OtherExpensesGrp/TotalAmt0218573
IRS990/OtherExpensesGrp/TotalAmt1162301
IRS990/OtherExpensesGrp/TotalAmt243381
IRS990/OtherExpensesGrp/TotalAmt33193
IRS990/OtherLiabilitiesGrp/BOYAmt04695616
IRS990/OtherLiabilitiesGrp/EOYAmt05002967
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt017219
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt017219
IRS990/OtherRevenueTotalAmt017219
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08525
IRS990/OtherSalariesAndWagesGrp/TotalAmt08525
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08301
IRS990/PayrollTaxesGrp/TotalAmt08301
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015726
IRS990/PrincipalOfficerNm0BRIAN RING
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0624100
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0CONTRACT SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1LIFELINE SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0110000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt150640
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0110000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt150640
IRS990/ProgSrvcAccomActy2Grp/Desc0SCHOLARSHIP AWARDS, MEDICAL EDUCATION-GRANT TO IVY TECH NURSING PROGRAM, MEDICATIONS FOR THE NEEDY, HOSPICE, AND OTHER SCHOLARSHIPS WERE AWARDED TO 22 HEALTHCARE PROGRAM UNDERGRADUATE STUDENTS. TO ENCOURAGE AND SUPPORT THE TRAINING OF NURSES WHO WOULD WANT TO PURSUE A CAREER IN THE NEW CASTLE COMMUNITY, THE FOUNDATION COMMITTED ON A LONG TERM BASIS TO SUPPORT THE ESTABLISHMENT OF LOCAL CLASSES. THE TOTAL AMOUNT GIVEN TO IVY TECH COMMUNITY COLLEGE DURING 2023 WAS 60,000 FOR THE SALARY OF AN INSTRUCTOR AND RENT OF OFFICE SPACE FOR THE PROGRAM.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0133587
IRS990/ProgSrvcAccomActy2Grp/GrantAmt085157
IRS990/ProgSrvcAccomActy3Grp/Desc0DIRECT SUPPORT FOR HOSPITAL THE FOUNDATION PAYS FOR PHYSICIAN RECRUITMENT EXPENSES AND FOR MARKETING & PUBLIC RELATIONS EXPENSES TO ATTRACT, RECRUIT AND HIRE PHYSICIANS NEEDED TO PROVIDE QUALITY CARE IN THE COMMUNITY AND TO ATTRACT AND ENCOURAGE MEMBERS OF THE COMMUNITY TO USE THE SERVICES PROVIDED BY THE HENRY COUNTY HOSPITAL.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0645076
IRS990/ProgSrvcAccomActyOtherGrp/Desc0TO PROMOTE PUBLIC RELATIONS AND TO PROVIDE SERVICE EQUIPMENT TO THE HOSPITAL.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0163960
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0102595
IRS990/PYInvestmentIncomeAmt0696691
IRS990/PYOtherExpensesAmt01137904
IRS990/PYOtherRevenueAmt03019190
IRS990/PYProgramServiceRevenueAmt0168713
IRS990/PYRevenuesLessExpensesAmt02660510
IRS990/PYSalariesCompEmpBnftPaidAmt0147545
IRS990/PYTotalExpensesAmt01388044
IRS990/PYTotalRevenueAmt04048554
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt02040932
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt01238319
IRS990/RentalIncomeOrLossGrp/RealAmt0456145
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE HENRY COUNTY MEMORIAL HOSPITAL FOUNDATION, INC., IS A SIGNIFICANT COMPONENT UNIT OF HENRY COUNTY MEMORIAL HOSPITAL. THE HOSPITAL APPOINTS A VOTING MAJORITY OF THE FOUNDATION'S BOARD OF DIRECTORS. THE FOUNDATION BOARD OF DIRECTORS INCLUDE THE CEO OF THE HOSPITAL WHO SERVES AS PRESIDENT OF THE FOUNDATION, AND THE CFO OF THE HOSPITAL WHO SERVES AS THE TREASURER OF THE FOUNDATION'S BOARD OF DIRECTORS. IN ADDITION TO THE BOARD OF DIRECTORS OF THE FOUNDATION, THE FOUNDATION IS SUPPORTED AND MANAGED BY AN ACCOUNTANT THAT PREPARES THE BUDGETS AND FINANCIAL STATEMENTS.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$105,471,979
Liabilities
$28,738,475
Net assets
$76,733,504
Revenue
$3,332,194
Expenses
$1,291,262
Net income
$2,040,932
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$115$29.1$85.5$6.17$1.28$4.89
2024Detailed filing. Detailed filing data is available for this year.$105$28.7$76.7$3.33$1.29$2.04
2023Detailed filing. Detailed filing data is available for this year.$78.6$7.34$71.2$4.05$1.39$2.66
2022Detailed filing. Detailed filing data is available for this year.$69.6$5.39$64.2$2.86$1.55$1.32
2021Detailed filing. Detailed filing data is available for this year.$73.4$5.09$68.3$9.09$1.20$7.89
2020Detailed filing. Detailed filing data is available for this year.$66.7$3.70$63.0$3.61$1.32$2.29
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)3 • $100M-$250M nonprofits