Civic Intelligence

Hrmc Foundation

990 • Fiscal year 2022 • EIN 46-0437171

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 01, 2023

Organization ProfileWWW.HRMCFOUNDATION.ORG
110 4th St SE B8Huron, SD 57350

(605) 353-6315

Siviq Scores

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

Liabilities / Assets

48th percentile

0.06x

Higher debt load relative to assets than 48% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

75th percentile

0.36x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

87th percentile

45%

Higher net margin than 87% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

26th percentile

-6.7%

Faster asset growth than 26% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

21st percentile

-17%

Faster revenue growth than 21% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets48th percentile

Assets

Down

$3,328,888

Down $237,485 (-6.7%) from 2021

Net Assets

Down

$3,141,065

Down $358,732 (-10%) from 2021

Liabilities

Up

$187,823

Up $121,247 (+182%) from 2021

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin87th percentile

Revenue

Down

$516,792

Down $103,466 (-17%) from 2021

Expenses

Down

$285,665

Down $59,347 (-17%) from 2021

Net Income

Down

$231,127

Down $44,119 (-16%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,634,209Liabilities 2010: $95,070Net Assets 2010: $1,539,1392010Assets 2011: $1,861,952Liabilities 2011: $95,723Net Assets 2011: $1,766,2292011Assets 2012: $1,769,248Liabilities 2012: $98,400Net Assets 2012: $1,670,8482012Assets 2013: $1,871,334Liabilities 2013: $63,814Net Assets 2013: $1,807,5202013Assets 2014: $2,078,827Liabilities 2014: $74,375Net Assets 2014: $2,004,4522014Assets 2015: $2,114,155Liabilities 2015: $64,215Net Assets 2015: $2,049,9402015Assets 2016: $3,027,932Liabilities 2016: $36,888Net Assets 2016: $2,991,0442016Assets 2017: $3,265,587Liabilities 2017: $62,815Net Assets 2017: $3,202,7722017Assets 2018: $2,928,453Liabilities 2018: $60,181Net Assets 2018: $2,868,2722018Assets 2019: $3,051,353Liabilities 2019: $59,931Net Assets 2019: $2,991,4222019Assets 2020: $3,223,467Liabilities 2020: $66,576Net Assets 2020: $3,156,8912020Assets 2021: $3,566,373Liabilities 2021: $66,576Net Assets 2021: $3,499,7972021Assets 2022: $3,328,888Liabilities 2022: $187,823Net Assets 2022: $3,141,0652022Assets 2023: $3,580,945Liabilities 2023: $67,008Net Assets 2023: $3,513,9372023Assets 2024: $3,863,721Liabilities 2024: $66,224Net Assets 2024: $3,797,4972024

Highlighted filing

2022

Assets$3,328,888
Liabilities$187,823
Net Assets$3,141,065
Open 2022 Filing

Operations Trend

Revenue Growth21st percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $179,0572010Revenue 2011: $236,122Expenses 2011: $185,197Net Income 2011: $50,9252011Expenses 2012: $213,6312012Revenue 2013: $211,124Expenses 2013: $140,675Net Income 2013: $70,4492013Revenue 2014: $270,799Expenses 2014: $189,629Net Income 2014: $81,1702014Revenue 2015: $331,405Expenses 2015: $148,621Net Income 2015: $182,7842015Revenue 2016: $1,264,302Expenses 2016: $251,905Net Income 2016: $1,012,3972016Revenue 2017: $648,010Expenses 2017: $435,809Net Income 2017: $212,2012017Revenue 2018: $406,216Expenses 2018: $462,710Net Income 2018: -$56,4942018Revenue 2019: $390,878Expenses 2019: $549,099Net Income 2019: -$158,2212019Revenue 2020: $607,600Expenses 2020: $553,393Net Income 2020: $54,2072020Revenue 2021: $620,258Expenses 2021: $345,012Net Income 2021: $275,2462021Revenue 2022: $516,792Expenses 2022: $285,665Net Income 2022: $231,1272022Revenue 2023: $885,783Expenses 2023: $639,267Net Income 2023: $246,5162023Revenue 2024: $588,370Expenses 2024: $325,825Net Income 2024: $262,5452024

Highlighted filing

2022

Revenue$516,792
Expenses$285,665
Net Income$231,127
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 1, 2023
Return Version
2022v5.0
Gross Receipts
$721,642
Mission and Program Overview

Mission

Purpose is to raise gift income each year, which will be used to support and endow the maintenance and enhancement of the health care services on behalf of huron regional medical center.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,051,176$2,510,092▼ $541,084
Savings and Temporary Cash Investments$293,137$676,990▲ $383,853
Cash and Non-Interest-Bearing Accounts$213,640$133,386▼ $80,254
Pledges and Grants Receivable$8,420$8,420→ $0
Total Assets$3,566,373$3,328,888▼ $237,485
Liabilities
Accounts Payable and Accrued Expenses$65,826$187,039▲ $121,213
Other Liabilities$750$784▲ $34
Total Liabilities$66,576$187,823▲ $121,247
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,068,097$1,983,004▼ $85,093
Net Assets Without Donor Restrictions$1,431,700$1,158,061▼ $273,639
Total Net Assets Fund Balance$3,499,797$3,141,065▼ $358,732
Total Liabilities and Net Assets / Fund Balance$3,566,373$3,328,888▼ $237,485

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$10,614$10,614
Equipment-$4,073$4,073

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$1,990,904-▼ $346,158-$1,618,339
2021$926,553-▲ $1,070,175-$1,990,904
2020$826,836-▲ $115,717-$926,553
2019$718,769-▲ $136,212-$826,836
2018$753,571-▼ $24,825-$718,769
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Doug StahlyChairman
Nicola LarsonVice-chairma
Bridget CarrDirector
Gordon WollmanDirector
Joel NelsonDirector
Katie RenoDirector
Kristi MattkeDirector
Laurie SmithDirector
Lisa BoomsmaDirector
Ryan GoehnerDirector
Tasha LeeDirector
Levi KaryExecutive Di
Tom LightSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$253,137
Program Service Revenue
$88,146
Investment Income
$134,145
Other Revenue
$41,364
All Other Contributions
$253,137
Change in Net Assets
$231,127
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$165,247
Salaries, Compensation, and Employee Benefits$120,418
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$87,448$9,717-$97,165
Other Employee Benefits$20,928$2,325-$23,253
Office Expenses-$6,538-$6,538
Fees for Services Accounting-$4,494-$4,494
Fees for Service Investment Mgmnt Fees-$2,264-$2,264
Insurance$1,162--$1,162
Advertising$900--$900
Other Expenses$800--$800
Conferences and Meetings$796--$796
Fees for Services Other-$727-$727
Total Functional Expenses$259,600$26,065$0$285,665
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$69,160
Fundraising Direct Expenses$27,796
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf & Banquet$69,160$69,160$27,796$41,364
Total Events$69,160$69,160$27,796$41,364
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$784
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The executive director reviews the form 990 before it is signed and filed.”

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

“The executive committee of the board of directors regularly reviews these disclosures and acts according to the organization's bylaws and policies to ensure compliance. If necessary, a board member may be requested to rescue themselves from a formal board vote or in an extreme case, resign their board membership.”

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

“The executive director's salary is based on the process developed and implemented by huron regional medical center and its employees.”

Form 990, Page 6, Part VI, Line 19

“Copies of the organization's governing documents, conflict of interest policy, and financial statements are available upon request for inspection in the organization's office.”

Filing and Contact Details

Filer

Filer Name
Hrmc Foundation
EIN
46-0437171
Address
110 4TH ST SE B8, HURON, SD 57350

Signing Officer

Name
Levi Kary
Title
Executive Director
Signed
2023-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doug Stahly
Formed
1994
Legal Domicile
Sd
Voting Board Members
13
Independent Board Members
12
Employees
0

Preparer

Firm
Elo Prof LLC
Address
PO BOX 951, HURON, SD 57350
Preparer
Houstyn P Heinz CPA
Phone
6053528573
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IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ProgramServicesAmt0101472
IRS990/OtherExpensesGrp/ProgramServicesAmt138065
IRS990/OtherExpensesGrp/ProgramServicesAmt28029
IRS990/OtherExpensesGrp/ProgramServicesAmt3800
IRS990/OtherExpensesGrp/TotalAmt0101472
IRS990/OtherExpensesGrp/TotalAmt138065
IRS990/OtherExpensesGrp/TotalAmt28029
IRS990/OtherExpensesGrp/TotalAmt3800
IRS990/OtherLiabilitiesGrp/BOYAmt0750
IRS990/OtherLiabilitiesGrp/EOYAmt0784
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt09717
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt087448
IRS990/OtherSalariesAndWagesGrp/TotalAmt097165
IRS990/PartialLiquidationInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt08420
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt08420
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DOUG STAHLY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ACCOUNT SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt088146
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt088146
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0255174
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0189053
IRS990/PYOtherExpensesAmt0214806
IRS990/PYOtherRevenueAmt047367
IRS990/PYProgramServiceRevenueAmt0128664
IRS990/PYRevenuesLessExpensesAmt0275246
IRS990/PYSalariesCompEmpBnftPaidAmt0130206
IRS990/PYTotalExpensesAmt0345012
IRS990/PYTotalRevenueAmt0620258
IRS990/ReconcilationRevenueExpnssAmt0231127
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0293137
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0676990
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/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd0false
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd0false
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE FOUNDATION WORKS CLOSELY WITH HURON REGIONAL MEDICAL CENTER IN SUPPPORTING ITS NEEDS. MANAGEMENT MEETINGS ARE HELD REGULARLY WITH THE TWO ORGANIZATIONS. HRMC FOUNDATION ALSO HELPS SUPPORT THE EMPLOYEES OF HURON REGIONAL MEDICAL CENTER THROUGH A HELPING HANDS PROGRAM.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1HRMC FOUNDATION CONTRIBUTES 3% OF THE EARNINGS FROM THE INVESTMENTS TO SUPPORT HURON MEDICAL CENTER PROJECTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION D, LINE 2
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION D, LINE 3
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0460345312
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd03
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt080646
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0HURON REGIONAL MEDICAL CENTER
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0HURON REGIONAL MEDICAL CENTER
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt080646
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/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt06407
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01990904
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01618339
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt020000
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-346158
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt05824
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0926553
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01990904
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01070175
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0826836
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0926553
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt016000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0115717
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0718769
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0826836
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt028145
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0136212
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0753571
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0718769
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt09977
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-24825
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04073
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04073
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010614
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt010614
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0784
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
IRS990ScheduleD/TotalLiabilityAmt0784
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt027796
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF & BANQUET
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt069160
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt069160
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt069160
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt069160
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt041364
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt027796
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt027796
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0CORNERSTONE FINANCIAL SOLUTIONS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1L BOOMSMA CPS PROF LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0OWNER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1OWNER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0INVESTMENT FUNDS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1BOOKKEEPING SERVICES
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR REVIEWS THE FORM 990 BEFORE IT IS SIGNED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REGULARLY REVIEWS THESE DISCLOSURES AND ACTS ACCORDING TO THE ORGANIZATION'S BYLAWS AND POLICIES TO ENSURE COMPLIANCE. IF NECESSARY, A BOARD MEMBER MAY BE REQUESTED TO RESCUE THEMSELVES FROM A FORMAL BOARD VOTE OR IN AN EXTREME CASE, RESIGN THEIR BOARD MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR'S SALARY IS BASED ON THE PROCESS DEVELOPED AND IMPLEMENTED BY HURON REGIONAL MEDICAL CENTER AND ITS EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FOR INSPECTION IN THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03566373
IRS990/TotalAssetsEOYAmt03328888
IRS990/TotalAssetsGrp/BOYAmt03566373
IRS990/TotalAssetsGrp/EOYAmt03328888
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0253137
IRS990/TotalEmployeeCnt00

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,328,888
Liabilities
$187,823
Net assets
$3,141,065
Revenue
$516,792
Expenses
$285,665
Net income
$231,127
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.86$0.07$3.80$0.59$0.33$0.26
2023Detailed filing. Detailed filing data is available for this year.$3.58$0.07$3.51$0.89$0.64$0.25
2022Detailed filing. Detailed filing data is available for this year.$3.33$0.19$3.14$0.52$0.29$0.23
2021Detailed filing. Detailed filing data is available for this year.$3.57$0.07$3.50$0.62$0.35$0.28
2020Detailed filing. Detailed filing data is available for this year.$3.22$0.07$3.16$0.61$0.55$0.05
2019Detailed filing. Detailed filing data is available for this year.$3.05$0.06$2.99$0.39$0.55$0.16
2018Detailed filing. Detailed filing data is available for this year.$2.93$0.06$2.87$0.41$0.46$0.06
2017Detailed filing. Detailed filing data is available for this year.$3.27$0.06$3.20$0.65$0.44$0.21
2016Detailed filing. Detailed filing data is available for this year.$3.03$0.04$2.99$1.26$0.25$1.01
2015Detailed filing. Detailed filing data is available for this year.$2.11$0.06$2.05$0.33$0.15$0.18
2014Detailed filing. Detailed filing data is available for this year.$2.08$0.07$2.00$0.27$0.19$0.08
2013Summary only. Only limited summary data is available for this year.$1.87$0.06$1.81$0.21$0.14$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$0.10$1.67$0.21
2011Summary only. Only limited summary data is available for this year.$1.86$0.10$1.77$0.24$0.19$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.10$1.54$0.18