Civic Intelligence

Schoitz Health Resources Inc

EIN 42-1232935 • 501(c)3 • Waterloo, IA

Profile

As a member of wheaton franciscan healthcare, our affiliates strive to live out the healing ministry of jesus while providing exceptional and compassionate healthcare services that promote the dignity and well being of the patients and communities we serve. Our vision is to be recognized for superior healthcare service, clinical excellence, as the healthcare employer of choice, and the preferred partner of physicians.

425 Cedar Street No 304Waterloo, IA 50701

www.wheatoniowa.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2020

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

46th percentile

0.0%

Higher net margin than 46% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Revenue Growth

15th percentile

-56%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Flat

$0

Flat from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

Flat

$0

Flat from 2019

Revenue

Down

$221,489

Down $278,511 (-56%) from 2019

Expenses

Down

$221,489

Down $278,511 (-56%) from 2019

Net Income

Flat

$0

Flat from 2019

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2010: $1,487,829Liabilities 2010: $0Net Assets 2010: $1,487,8292010Assets 2011: $1,224,918Liabilities 2011: $0Net Assets 2011: $1,224,9182011Assets 2012: $996,194Liabilities 2012: $0Net Assets 2012: $996,1942012Assets 2013: $1,021,736Liabilities 2013: $0Net Assets 2013: $1,021,7362013Assets 2014: $1,291,513Liabilities 2014: $0Net Assets 2014: $1,291,5132014Assets 2015: $1,085,736Liabilities 2015: $0Net Assets 2015: $1,085,7362015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: $1Liabilities 2017: $0Net Assets 2017: $02017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2020

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $02010Expenses 2011: $833,3642011Expenses 2012: $808,3632012Expenses 2013: $525,5412013Revenue 2014: $523,165Expenses 2014: $253,388Net Income 2014: $269,7772014Revenue 2015: $454,138Expenses 2015: $659,915Net Income 2015: -$205,7772015Revenue 2016: $470,866Expenses 2016: $321,276Net Income 2016: $149,5902016Revenue 2017: $50,160,902Expenses 2017: $50,160,902Net Income 2017: $02017Revenue 2018: $50,000Expenses 2018: $50,000Net Income 2018: $02018Revenue 2019: $500,000Expenses 2019: $500,000Net Income 2019: $02019Revenue 2020: $221,489Expenses 2020: $221,489Net Income 2020: $02020

Highlighted filing

2020

Revenue$221,489
Expenses$221,489
Net Income$0

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jan 15, 2020
Signed
Feb 17, 2020
Return Version
2019v5.0
Gross Receipts
$221,489
Mission and Program Overview

Mission

Our mission and that of our affiliates is to improve the health and wellbeing of the community and its individual members in the greater cedar valley region, defined as the geographic area within 30 miles from the center of waterloo, iowa.

Schoitz health resources, inc. Is devoted to improving the health and well-being of all persons and providing access to community resources aimed at promoting life and health.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$0-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Other Assets Total-$0-
Total Assets$0$0→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$0$0→ $0
Compensation and Service Providers

Employees

NameTitleOtherTotal
Michele PanicucciPresident$126,690$126,690

Board Members and Trustees

NameTitle
Camille HoganChairman
Eric LockeVice Chairman
Becky MuddDirector
Catherine YoungDirector
Dennis ClarkDirector
Donna NelsonDirector
Douglas Stanford MdDirector
Hugh FieldDirector
Robert W PetersonDirector
Rudy JonesSecretary
Mike MallaroTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$221,489
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$221,489
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$221,489--$221,489
Total Functional Expenses$221,489$0$0$221,489
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Otto Schoitz FoundationWaterloo, IA501(c)(3)General Support for Health and Wellbeing$221,489
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Schoitz health resources has one member which holds several reserved powers including, but not limited to, appointment and removal of members of the governing body, approval of amendments to the governing documents and certain transactions.

Form 990, Part VI, Section A, Line 7A

Schoitz health resources has one member which holds several reserved powers including, but not limited to, appointment and removal of members of the governing body, approval of amendments to the governing documents and certain transactions.

Form 990, Part VI, Section A, Line 7B

Schoitz health resources has one member which holds several reserved powers including, but not limited to, appointment and removal of members of the governing body, approval of amendments to the governing documents and certain transactions.

Form 990, Part VI, Section B, Line 11B

A draft copy of the form 990 was sent to the president for review. A final copy of the form 990 was sent to all board members prior to filing.

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

Board members sign a conflict of interest statement annually and it is kept on file. Any known conflicts are identified and addressed at board meetings held throughout the year.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
Schoitz Health Resources Inc
EIN
42-1232935
Phone
3192322870
Address
425 CEDAR STREET NO 304, WATERLOO, IA 50701

Signing Officer

Name
Michele Panicucci
Title
President
Phone
3192322870
Signed
2020-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michele Panicucci
Formed
1984
Legal Domicile
Ia
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Firm
Bergankdv Ltd
Address
PO BOX 2100, WATERLOO, IA 50704-2100
Preparer
David a Richter CPA
Phone
3192346885
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IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt0221489
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
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0221489
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPORT FOR HEALTH AND WELLBEING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0OTTO SCHOITZ FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0811949053
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0425 CEDAR STREET SUITE 304
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WATERLOO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd050701
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0DONATIONS MADE BY SCHOITZ HEALTH RESOURCES, INC. TO THE OTTO SCHOITZ FOUNDATION ARE MADE IN FURTHERANCE OF THE RECIPIENT ORGANIZATION'S EXEMPT PURPOSE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0N/A
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SCHOITZ HEALTH RESOURCES HAS ONE MEMBER WHICH HOLDS SEVERAL RESERVED POWERS INCLUDING, BUT NOT LIMITED TO, APPOINTMENT AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, APPROVAL OF AMENDMENTS TO THE GOVERNING DOCUMENTS AND CERTAIN TRANSACTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SCHOITZ HEALTH RESOURCES HAS ONE MEMBER WHICH HOLDS SEVERAL RESERVED POWERS INCLUDING, BUT NOT LIMITED TO, APPOINTMENT AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, APPROVAL OF AMENDMENTS TO THE GOVERNING DOCUMENTS AND CERTAIN TRANSACTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SCHOITZ HEALTH RESOURCES HAS ONE MEMBER WHICH HOLDS SEVERAL RESERVED POWERS INCLUDING, BUT NOT LIMITED TO, APPOINTMENT AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, APPROVAL OF AMENDMENTS TO THE GOVERNING DOCUMENTS AND CERTAIN TRANSACTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A DRAFT COPY OF THE FORM 990 WAS SENT TO THE PRESIDENT FOR REVIEW. A FINAL COPY OF THE FORM 990 WAS SENT TO ALL BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBERS SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY AND IT IS KEPT ON FILE. ANY KNOWN CONFLICTS ARE IDENTIFIED AND ADDRESSED AT BOARD MEETINGS HELD THROUGHOUT THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0OTTO SCHOITZ FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SCHOITZ MEDICAL CENTER INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1OTTO SCHOITZ FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0420718472
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1811949053
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0OP ROOM SVCS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03421 WEST NINTH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1425 CEDAR STREET SUITE 304
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WATERLOO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1WATERLOO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd050702
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd150701
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0221489
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1221489
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH RECEIVED
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH PAID
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0SCHOITZ MEDICAL CENTER INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1OTTO SCHOITZ FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt00
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0221489
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0221489
IRS990/TotalFunctionalExpensesGrp/TotalAmt0221489
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00

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