Iota Benefit Assn Louis W Burgher Md is located in Omaha, NE. The organization was established in 1953. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iota Benefit Assn Louis W Burgher MD 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 05/2024, Iota Benefit Assn Louis W Burgher MD generated $20.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $20.1k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Iota Benefit Assn Louis W Burgher MD has awarded 77 individual grants totaling $159,220. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
IOTA CHAPTER - FUNDS MEDICAL SEMINARS AND PROGRAMS
UNIVERSITY OF NEBRASKA MEDICAL CENTER - FUND HERITAGE
MUNROE MEYER FOUNDATION - FUNDS PROGRAMS
INDIVIDUAL SCHOLARSHIPS TO UNIVERSITY OF NEBRASKA STUDENTS IN THE AMOUNT OF FIVE HUNDRED DOLLARS EACH
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Amy Neumesiter Board Member | 0 | $0 | |
Dr Brett Kettelhut Board Member | 0 | $0 | |
Dr Carol A Drake Director | 0 | $0 | |
Dr Mary Kay Drake Board Member | 0 | $0 | |
Dr Richard Forsman Board Member | 0 | $0 | |
Dr Mark Wilson Board Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,853 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,800 |
| Capital Gain Net Income | $13,800 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,653 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $161 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $311 |
| Printing and publications | $0 |
| Other expenses | $2,749 |
| Total operating and administrative expenses | $3,621 |
| Contributions, gifts, grants paid | $16,500 |
| Total expenses and disbursements | $20,121 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,085 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $335,832 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Iota Benefit Assn Louis W Burgher Md has awarded $16,500 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
IOTA BENEFIT - PHI RHO SIGMA PURPOSE: MEDICAL EDUCATION SEMINARS | $6,000 |
UNIVERSITY OF NEBRASKA FOUNDATION PURPOSE: EDUCATION | $5,000 |
MUNROE MEYER FOUNDATION PURPOSE: EDUCATION AND RESEARCH | $3,500 |
KADEN FRITZON PURPOSE: SCHOLARSHIP FOR EDUCATION | $500 |
AUSTIN RAGLAND PURPOSE: SCHOLARSHIP FOR EDUCATION | $500 |
KAITLYN SCHULTIS PURPOSE: SCHOLARSHIP FOR EDUCATION | $500 |