Tipton County Health Care Foundation Inc, operating under the name Iu Health Tipton Hospital Foundation, is located in Indianapolis, IN. Iu Health Tipton Hospital Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2017, Iu Health Tipton Hospital Foundation generated $24.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (53.5%) each year. All expenses for the organization totaled $17.5k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (65.0%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
BENEFIT, PERFORM, AND CARRY OUT THE CHARITABLE, EDUCATIONAL, AND OTHER EXEMPT PURPOSES OF INDIANA UNIVERSITY HEALTH TIPTON HOSPITAL, INC. ("IU HEALTH TIPTON HOSPITAL").
Describe the Organization's Program Activity:
Part 3 - Line 4a
TIPTON COUNTY HEALTH CARE FOUNDATION, INC. ("TIPTON COUNTY HEALTH CARE FOUNDATION") SUPPORTS A VARIETY OF PROJECTS, INCLUDING CAPITAL IMPROVEMENTS, EDUCATIONAL PROGRAMS, MEDICAL OR HOSPITAL RELATED RESEARCH, FINANCIAL ASSISTANCE FOR THE IMPROVEMENT OF THE HEALTH, SAFETY, AND GENERAL WELFARE OF INDIVIDUALS, AND OTHER SERVICES RELATED TO OR IN SUPPORT OF INDIANA UNIVERSITY HEALTH TIPTON HOSPITAL, INC. ("IU HEALTH TIPTON HOSPITAL"). TIPTON COUNTY HEALTH CARE FOUNDATION HAS SEVERAL ENDOWED FUNDS, MANAGED BY THE TIPTON COUNTY FOUNDATION, TO SUPPORT IU HEALTH TIPTON HOSPITAL. IU HEALTH TIPTON HOSPITAL SCHOLARSHIP ENDOWMENT THE IU HEALTH TIPTON HOSPITAL TEAM MEMBERS SCHOLARSHIP WAS ESTABLISHED IN 1988 AS A CHRISTMAS GIFT TO IU HEALTH TIPTON HOSPITAL TEAM MEMBERS BY THREE PHYSICIANS: DR. MICHAEL HARPER, DR. DESTRY LAMBERT AND DR. ROBERT KURTZ. OTHER MEDICAL STAFF MEMBERS ALSO CONTRIBUTED, AND EACH YEAR THE DONATED MONEY WAS DIVIDED BETWEEN A GRADUATE OF TIPTON HIGH SCHOOL AND A GRADUATE OF TRI-CENTRAL HIGH SCHOOL, EACH OF WHOM PLANNED TO PREPARE FOR A HEALTHCARE CAREER. IN 1994, THE MEDICAL STAFF EMBARKED UPON A CAMPAIGN TO SOLICIT DONATIONS FROM BOTH STAFF PHYSICIANS AND TEAM MEMBERS. THE DONATIONS WERE MADE PART OF THE HOSPITALS NEW ENDOWMENT FUND WITHIN THE TIPTON COUNTY FOUNDATION. BEGINNING IN 1995, THE SCHOLARSHIP AWARDS CAME FROM INTEREST INCOME EARNED BY THE SCHOLARSHIP ENDOWMENT. ELIGIBLE TO APPLY FOR THE SCHOLARSHIPS ARE TIPTON HIGH SCHOOL SENIORS, TRI-CENTRAL HIGH SCHOOL SENIORS, TIPTON COUNTY HOME-SCHOOLED SENIORS, AND SENIOR STUDENTS OF IU HEALTH TIPTON HOSPITAL ASSOCIATES PURSUING A HEALTHCARE CAREER. AT LEAST ONE SCHOLARSHIP WILL BE AWARDED TO SENIORS FROM EACH OF THE COUNTY SCHOOLS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tamera N Brown Director/president | OfficerTrustee | 3 | $0 |
Tracy E Miller Director/vice President | OfficerTrustee | 5 | $0 |
Kurt D Hare Director/secretary | OfficerTrustee | 1 | $0 |
Jerry G Markins Director/treasurer | OfficerTrustee | 1 | $0 |
Michael L Harlowe President (iuh Tipton Hosp.) | Officer | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $20,166 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,867 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $22,033 |
Total Program Service Revenue | $0 |
Investment income | $99 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $2,040 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $24,641 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,846 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $11,433 |
Office expenses | $370 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $2,820 |
Total functional expenses | $17,469 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Unrestricted restricted net Assets | $0 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $0 |
Over the last fiscal year, Tipton County Health Care Foundation Inc has awarded $383,437 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
IU HEALTH TIPTON HOSPITAL INC PURPOSE: SEE PART IV | $244,837 |
TIPTON COUNTY FOUNDATION INC PURPOSE: SEE PART IV | $93,600 |
TIPTON COUNTY COUNCIL ON AGING PURPOSE: VAN | $25,000 |
CITY OF TIPTON PURPOSE: TRAIL/WALK | $20,000 |