Civic Intelligence

Grand River Hospital District Memorial Trust Fund

990 • Fiscal year 2018 • EIN 84-0736594

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 30, 2019

PO Box 912Rifle, CO 81650

(970) 625-6433

Siviq Scores

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

Liabilities / Assets

85th percentile

0.64x

Higher debt load relative to assets than 85% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

100th percentile

195.24x

Higher debt load relative to revenue than 100% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

98th percentile

91%

Higher net margin than 98% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

36th percentile

$1,500

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 43.3% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

47th percentile

0.3%

Faster asset growth than 47% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

98th percentile

431%

Faster revenue growth than 98% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,059,013

Up $3,463 (+0.3%) from 2017

Net Assets

Up

$382,895

Up $3,137 (+0.8%) from 2017

Liabilities

Up

$676,118

Up $326 (+0.0%) from 2017

Revenue

Up

$3,463

Up $2,811 (+431%) from 2017

Expenses

Up

$326

Up $326 from 2017

Net Income

Up

$3,137

Up $2,485 (+381%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $792,951Liabilities 2010: $453,011Net Assets 2010: $339,9402010Assets 2011: $589,390Liabilities 2011: $0Net Assets 2011: $589,3902011Assets 2012: $590,514Liabilities 2012: $0Net Assets 2012: $590,5142012Assets 2013: $817,349Liabilities 2013: $444,686Net Assets 2013: $372,6632013Assets 2014: $944,085Liabilities 2014: $571,253Net Assets 2014: $372,8322014Assets 2015: $1,010,310Liabilities 2015: $637,123Net Assets 2015: $373,1872015Assets 2016: $1,055,224Liabilities 2016: $676,118Net Assets 2016: $379,1062016Assets 2017: $1,055,550Liabilities 2017: $675,792Net Assets 2017: $379,7582017Assets 2018: $1,059,013Liabilities 2018: $676,118Net Assets 2018: $382,8952018Assets 2019: $1,059,704Liabilities 2019: $676,118Net Assets 2019: $383,5862019Assets 2020: $1,059,547Liabilities 2020: $675,930Net Assets 2020: $383,6172020Assets 2021: $1,365,885Liabilities 2021: $982,456Net Assets 2021: $383,4292021Assets 2022: $383,523Liabilities 2022: $0Net Assets 2022: $383,5232022Assets 2023: $383,562Liabilities 2023: $0Net Assets 2023: $383,5622023Assets 2024: $384,600Net Assets 2024: $384,6002024

Highlighted filing

2018

Assets$1,059,013
Liabilities$676,118
Net Assets$382,895

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $354,3792010Expenses 2011: $4222011Expenses 2012: $172012Revenue 2013: $226,847Expenses 2013: $223,736Net Income 2013: $3,1112013Revenue 2014: $155,466Expenses 2014: $155,297Net Income 2014: $1692014Revenue 2015: $72,263Expenses 2015: $71,908Net Income 2015: $3552015Revenue 2016: $5,922Expenses 2016: $3Net Income 2016: $5,9192016Revenue 2017: $652Expenses 2017: $0Net Income 2017: $6522017Revenue 2018: $3,463Expenses 2018: $326Net Income 2018: $3,1372018Revenue 2019: $691Expenses 2019: $0Net Income 2019: $6912019Revenue 2020: $31Expenses 2020: $0Net Income 2020: $312020Revenue 2021: $306,338Expenses 2021: $306,526Net Income 2021: -$1882021Revenue 2022: $94Expenses 2022: $0Net Income 2022: $942022Revenue 2023: $39Expenses 2023: $0Net Income 2023: $392023Revenue 2024: $1,0382024

Highlighted filing

2018

Revenue$3,463
Expenses$326
Net Income$3,137
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 30, 2019
Return Version
2018v3.1
Gross Receipts
$3,463
Mission and Program Overview

Mission

Grand river hospital district memorial trust provides financial aid toward the operations, capital improvements and equipment, and bond indebtedness of the hospital district or other purposes as designated by the donors of the donations received.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,055,550$1,059,013▲ $3,463
Total Assets$1,055,550$1,059,013▲ $3,463
Liabilities
Accounts Payable and Accrued Expenses$675,792$676,118▲ $326
Total Liabilities$675,792$676,118▲ $326
Net Assets / Fund Balance
Unrestricted Net Assets$379,758$382,895▲ $3,137
Total Net Assets Fund Balance$379,758$382,895▲ $3,137
Total Liabilities and Net Assets / Fund Balance$1,055,550$1,059,013▲ $3,463
Compensation and Service Providers

Employees

NameTitleOtherTotal
Britt ChoateSecretary-tr$1,500$1,500
Tami SoursVice Preside$1,500$1,500
Larry SweeneyDirector$1,000$1,000
Edward WeissPresident$900$900
Sharon RaggioDirector$700$700
Jesse WolfDirector$500$500
Kip CostanzoDirector$500$500
Revenue and Support

Revenue Composition

Contributions and Grants
$3,150
Program Service Revenue
$0
Investment Income
$313
Other Revenue
$0
All Other Contributions
$3,150
Change in Net Assets
$3,137
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$326
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
Other Expenses-$326-$326
Total Functional Expenses$0$326$0$326
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
Yes
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

A copy of the 990 is provided to the district's management who review the form, schedules, and related attachments. Any comments or questions are addressed with the preparer. Once the district's management is satisfied with the 990, the preparer is authorized to e-file the return.

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

All members of the board of directors are required to sign the conflict of interest policy and disclose any potential conflicts every other year when new board members are elected. The board members take into account known conflicts when making decisions for the trust.

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

There are no compensated officers or key employees.

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

There are no compensated officers or key employees.

Form 990, Page 6, Part VI, Line 19

The trust makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Grand River Hospital District
EIN
84-0736594
Phone
9706256433
Address
PO BOX 912, RIFLE, CO 81650

Signing Officer

Name
Tami Sours
Title
Vice President
Phone
9706256433
Signed
2019-07-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edward Weiss
Formed
1977
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Dingus Zarecor & Associates Pllc
Address
12015 E MAIN AVE, SPOKANE VALLEY, WA 99206
Preparer
Thomas Dingus
Phone
5092420874
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Grand river hospital district memorial trust provides financial aid toward the operations, capital improvements and equipment, and bond indebtedness of the hospital district or other purposes as designated by the donors of the donations received.

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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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE TRUST SUPPORTS A HOSPITAL THAT IS A GOVERNMENTAL ENTITY OWNED AND OPERATED BY A PUBLIC HOSPITAL DISTRICT AND IS EXEMPT FROM TAXATION AS A POLITICAL SUBDIVISION OF THE STATE RATHER THAN IRC 501(C)(3). IF THE HOSPITAL HAD NOT ALREADY BEEN DESIGNATED A POLITICAL SUBDIVISION OF THE STATE, IT WOULD QUALIFY AS DESCRIBED IN IRC 170(B)(1)(A)(III) AS EXCLUDED FROM PRIVATE FOUNDATION STATUS UNDER IRC 509(A)(1).
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GRAND RIVER HOSPITAL DISTRICT MEMORIAL TRUST PROVIDES FINANCIAL AID TOWARD THE OPERATIONS, CAPITAL IMPROVEMENTS AND EQUIPMENT, AND BOND INDEBTEDNESS OF THE HOSPITAL DISTRICT OR OTHER PURPOSES AS DESIGNATED BY THE DONORS OF THE DONATIONS RECEIVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE 990 IS PROVIDED TO THE DISTRICT'S MANAGEMENT WHO REVIEW THE FORM, SCHEDULES, AND RELATED ATTACHMENTS. ANY COMMENTS OR QUESTIONS ARE ADDRESSED WITH THE PREPARER. ONCE THE DISTRICT'S MANAGEMENT IS SATISFIED WITH THE 990, THE PREPARER IS AUTHORIZED TO E-FILE THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL CONFLICTS EVERY OTHER YEAR WHEN NEW BOARD MEMBERS ARE ELECTED. THE BOARD MEMBERS TAKE INTO ACCOUNT KNOWN CONFLICTS WHEN MAKING DECISIONS FOR THE TRUST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE ARE NO COMPENSATED OFFICERS OR KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE ARE NO COMPENSATED OFFICERS OR KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE TRUST MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01055550
IRS990/TotalAssetsEOYAmt01059013
IRS990/TotalAssetsGrp/BOYAmt01055550
IRS990/TotalAssetsGrp/EOYAmt01059013
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03150
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0326
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0326
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0675792
IRS990/TotalLiabilitiesEOYAmt0676118
IRS990/TotalLiabilitiesGrp/BOYAmt0675792
IRS990/TotalLiabilitiesGrp/EOYAmt0676118
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0379758
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0382895
IRS990/TotalRevenueGrp/ExclusionAmt0313
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03463
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01055550
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01059013
IRS990/TotReportableCompRltdOrgAmt06600
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0379758
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0382895
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0501 AIRPORT ROAD
IRS990/USAddress/CityNm0RIFLE
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd081650
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0HTTP://GRANDRIVERHEALTH.ORG/VOLUNTEER-
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TAMI SOURS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09706256433
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-07-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRAND RIVER HOSPITAL DISTRICT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0MEMORIAL TRUST FUND
ReturnHeader/Filer/BusinessNameControlTxt0GRAN
ReturnHeader/Filer/EIN0840736594
ReturnHeader/Filer/PhoneNum09706256433
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 912
ReturnHeader/Filer/USAddress/CityNm0RIFLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd081650
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId02474EFBFE268E1323248D70D812BABF32F861C74
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId02474EFBFE268E1323248D70D812BABF32F861C74
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt063.131.236.90
ReturnHeader/FilingSecurityInformation/IPDt02019-07-31
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm014:53:31
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200079326
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DINGUS ZARECOR & ASSOCIATES PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt012015 E MAIN AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPOKANE VALLEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd099206
ReturnHeader/PreparerPersonGrp/PhoneNum05092420874
ReturnHeader/PreparerPersonGrp/PreparationDt02019-07-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS DINGUS
ReturnHeader/ReturnTs02019-07-31T14:53:31-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.38$0.38$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.37$0.98$0.38$0.31$0.31$0.00
2020Detailed filing. Detailed filing data is available for this year.$1.06$0.68$0.38$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$1.06$0.68$0.38$0.00$0.00$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.06$0.68$0.38$0.00$0.00$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.06$0.68$0.38$0.00$0.00$0.00
2016Detailed filing. Detailed filing data is available for this year.$1.06$0.68$0.38$0.01$0.00$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.01$0.64$0.37$0.07$0.07$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.94$0.57$0.37$0.16$0.16$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.82$0.44$0.37$0.23$0.22$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.00$0.59$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.00$0.59$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.45$0.34$0.35