Civic Intelligence

Panhandle Health Properties

990 • Fiscal year 2014 • EIN 36-3314161

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 15, 2015

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

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2014

Liabilities / Revenue

43rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)2 • <$500k nonprofits • Source year 2014

Net Margin

31st percentile

-9.4%

Higher net margin than 31% of similar nonprofits.

2014 filings • 501(c)2 • <$500k nonprofits • Source year 2014

Top Officer Pay

99th percentile

$726,428

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 487.1% of source-year revenue.

2014 filings • 501(c)2 • <$500k nonprofits • Source year 2014

Asset Growth

3rd percentile

-100%

Faster asset growth than 3% of similar nonprofits.

2014 filings • 501(c)2 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

4th percentile

-89%

Faster revenue growth than 4% of similar nonprofits.

2014 filings • 501(c)2 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$0

Down $4,868,643 (-100%) from 2013

Net Assets

Down

$0

Down $4,333,040 (-100%) from 2013

Liabilities

Down

$0

Down $535,603 (-100%) from 2013

Revenue

Down

$149,144

Down $1,229,619 (-89%) from 2013

Expenses

Down

$163,205

Down $1,688,739 (-91%) from 2013

Net Income

Up

-$14,061

Up $459,120 (+97%) from 2013

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $8,520,362Liabilities 2010: $7,107,095Net Assets 2010: $1,413,2672010Assets 2011: $7,574,709Liabilities 2011: $6,687,716Net Assets 2011: $886,9932011Assets 2012: $7,109,824Liabilities 2012: $6,300,037Net Assets 2012: $809,7872012Assets 2013: $4,868,643Liabilities 2013: $535,603Net Assets 2013: $4,333,0402013Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014

Highlighted filing

2014

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,075,2152010Expenses 2011: $2,140,1272011Expenses 2012: $2,149,7872012Revenue 2013: $1,378,763Expenses 2013: $1,851,944Net Income 2013: -$473,1812013Revenue 2014: $149,144Expenses 2014: $163,205Net Income 2014: -$14,0612014

Highlighted filing

2014

Revenue$149,144
Expenses$163,205
Net Income-$14,061
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 15, 2015
Return Version
2014v5.0
Gross Receipts
$149,144
Mission and Program Overview

Mission

Panhandle health properties holds title to various rental properties for the purpose of furthering the health care mission of regional west health services, the parent corporation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,103,865--
Cash and Non-Interest-Bearing Accounts$317,617--
Prepaid Expenses and Deferred Charges$3,215--
Total Assets$4,868,643$0▼ $4,868,643
Other Assets Total$443,946--
Liabilities
Other Liabilities$433,020--
Accounts Payable and Accrued Expenses$102,583--
Total Liabilities$535,603$0▼ $535,603
Net Assets / Fund Balance
Unrestricted Net Assets$4,333,040--
Total Net Assets Fund Balance$4,333,040$0▼ $4,333,040
Total Liabilities and Net Assets / Fund Balance$4,868,643$0▼ $4,868,643
Compensation and Service Providers

Employees

NameTitleOtherTotal
Jennifer Brooker-$57,895$57,895
Tom HolyokeSecretary$9,198$9,198

Board Members and Trustees

NameTitle
Todd SorensenPresident
David GriffithsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$136,430
Investment Income
$12,714
Other Revenue
$0
Change in Net Assets
$-14,061
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$163,205
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$52,008
Other Expenses---$14,479
All Other Expenses---$6,924
Fees for Services Accounting---$2,000
Total Functional Expenses$0$0$0$163,205
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
Subject to proxy tax
No
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
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, 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 the 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 19

Governing documents and policies are made available to the public through being posted on the organizations website.

Filing and Contact Details

Filer

Filer Name
Panhandle Health Properties
EIN
36-3314161
Address
4021 AVENUE B, SCOTTSBLUFF, NE 69361

Signing Officer

Name
James Strong
Title
Interim CFO
Signed
2015-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Strong
Formed
1984
Legal Domicile
Ne
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
CONTRYMAN ASSOCIATES PC CPA'S
Address
PO BOX 2246, SCOTTSBLUFF, NE 69363
Preparer
Dan W Charron CPA Cma
Phone
3086357705
Supplemental Narrative

Additional Explanations

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

Regional west medical plaza is maintained to provide physician and allied health professional office space on the rwmc campus. During 2014, 3 physicians or medical groups in addition to prairie haven hospice, regional west foundation panhandle health services/physicians clinic leased their office space from regional west medical plaza, while 11 rwmc departments had extensions of their facilities located at the plaza. Volunteers for rwmc operated an information and reception area at the plaza for the benefit of visiting patients.

Form 990, Part XI, Line 9

Transfers from affiliates 0 transfer to rwmc 4,318,979

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

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REGIONAL WEST MEDICAL PLAZA IS MAINTAINED TO PROVIDE PHYSICIAN AND ALLIED HEALTH PROFESSIONAL OFFICE SPACE ON THE RWMC CAMPUS. DURING 2014, 3 PHYSICIANS OR MEDICAL GROUPS IN ADDITION TO PRAIRIE HAVEN HOSPICE, REGIONAL WEST FOUNDATION PANHANDLE HEALTH SERVICES/PHYSICIANS CLINIC LEASED THEIR OFFICE SPACE FROM REGIONAL WEST MEDICAL PLAZA, WHILE 11 RWMC DEPARTMENTS HAD EXTENSIONS OF THEIR FACILITIES LOCATED AT THE PLAZA. VOLUNTEERS FOR RWMC OPERATED AN INFORMATION AND RECEPTION AREA AT THE PLAZA FOR THE BENEFIT OF VISITING PATIENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM IS PRESENTED TO AND REVIEWED BY THE BOARD IN THE MONTH PRIOR TO THE FILING DEADLINE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUAL DISCLOSURE BY THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AND POLICIES ARE MADE AVAILABLE TO THE PUBLIC THROUGH BEING POSTED ON THE ORGANIZATIONS WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TRANSFERS FROM AFFILIATES 0 TRANSFER TO RWMC 4,318,979
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
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