Longs Peak Hospital Foundation
- Assets
- $503.8k
- Revenue
- $555.0k
- Investments
- $0.0
- Employees
- 4
- Location
- Longmont, CO
- Founding
- 09/2017
- Data as of
- 06/2021
- EIN
- 82-1613059
Organization Overview
Longs Peak Hospital Foundation is located in Longmont, CO. The organization was established in 2017. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 06/2021, Longs Peak Hospital Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Longs Peak 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 06/2021, Longs Peak Hospital Foundation generated $555.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 32.3% each year . All expenses for the organization totaled $454.6k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT & PROMOTE ACTIVITIES THAT BEST SERVE THE HEALTH INTERESTS OF THE HOSPITALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESTRICTED FUND - PROVIDES FUNDING TO SUPPORT INNOVATIVE RESEARCH AND EDUCATION, PATIENT FINANCIAL ASSISTANCE, COMMUNITY HEALTH PROGRAMS, AND ENHANCEMENTS TO PATIENT CARE.
UNRESTRICTED FUND - PROVIDES FUNDING FOR HOSPITAL PROGRAM SERVICES AND CAPITAL EQUIPMENT
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erica Siemers Executive Director | Officer | 6 | $22,360 |
Greg Ludlow Board Chair | OfficerTrustee | 1 | $0 |
Steve Laughlin Vice Chair | OfficerTrustee | 1 | $0 |
David Thompson CFO | Officer | 1 | $0 |
Lonnie Cramer President - Lph | Officer | 1 | $0 |
Matthew Yehl Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $42,724 |
| Related organizations | $250,483 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $263,412 |
| Noncash contributions included in lines 1a–1f | $424 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $556,619 |
| Total Program Service Revenue | $0 |
| Investment income | $853 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,537 |
| Net Income from Fundraising Events | -$3,974 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $555,035 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $185,492 |
| Grants and other assistance to domestic individuals. | $76,698 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $24,336 |
| Compensation of current officers, directors, key employees. | $19,469 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $106,749 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $31,915 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,483 |
| Advertising and promotion | $17,315 |
| Office expenses | $3,114 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $828 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $30 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $603 |
| Total functional expenses | $454,563 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $390,311 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $32,635 |
| 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 | $80,901 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $503,847 |
| Accounts payable and accrued expenses | $24,131 |
| 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 | $71,763 |
| Total liabilities | $95,894 |
| Net assets without donor restrictions | $46,093 |
| Net assets with donor restrictions | $361,860 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $503,847 |
Grants Awarded
Over the last fiscal year, Longs Peak Hospital Foundation has awarded $90,548 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Longmont, CO PURPOSE: TO SERVE PATIENTS | $36,094 |
Longmont, CO PURPOSE: TO SERVE PATIENTS | $36,094 |
Longmont, CO PURPOSE: 4 DAYS OF MEALS FOR 339 AT RISK SENIORS IN COMMUNITY | $9,180 |
Longmont, CO PURPOSE: 4 DAYS OF MEALS FOR 339 AT RISK SENIORS IN COMMUNITY | $9,180 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Longs Peak Hospital Foundation has recieved totaling $29,747.
| Awarding Organization | Amount |
|---|---|
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $14,078 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $12,600 |
Lynn & Helen Clark Fund Billings, MT PURPOSE: GRANT FOR NURSING SCHOLARSHIPS | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $69 |
Endowment Analysis
| Beg. Balance | $40,413 |
| Earnings | $1,219 |
| Net Contributions | $34,500 |
| Grants | $1,000 |
| Ending Balance | $75,132 |