Converse County Hospital Foundation Inc
- Assets
- $1.7m
- Revenue
- $303.5k
- Investments
- $421.0k
- Employees
- 0
- Location
- Douglas, WY
- Founding
- 12/1998
- Data as of
- 06/2022
- EIN
- 83-0309209
Organization Overview
Converse County Hospital Foundation Inc is located in Douglas, WY. The organization was established in 1998. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Converse County Hospital Foundation Inc 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 06/2022, Converse County Hospital Foundation Inc generated $303.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $144.4k during the year ending 06/2022. While expenses have increased by 4.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
BUILD A STRONG FINANCIAL FOUNDATION TO PROMOTE AND ENSURE THE CONTINUED GROWTH OF QUALITY HEALTHCARE IN CONVERSE COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION COLLECTS AND INVESTS FUNDS TO BE PROVIDED TO SUPPORTED ORGANIZATIONS FOR THE BENEFIT AND PROVISION OF HEALTH CARE SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Casey Starks Vice Chairperson | Officer | 1 | $0 |
Andrew Beard Chairperson | Officer | 3 | $0 |
Karen Drumhiller Secretary/treasurer | Officer | 1 | $0 |
Jennifer Rinn Foundation Director | Officer | 20 | $0 |
Keith Moore Member | Trustee | 0.5 | $0 |
Dr Sandra Gebhart Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $26,750 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $164,808 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $191,558 |
| Total Program Service Revenue | $0 |
| Investment income | $13,339 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $42,019 |
| Net Income from Fundraising Events | $56,559 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $303,475 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $99,228 |
| Grants and other assistance to domestic individuals. | $10,000 |
| 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 | $1,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,625 |
| Fees for services: Other | $0 |
| Advertising and promotion | $474 |
| Office expenses | $926 |
| Information technology | $2,610 |
| 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 | $1,386 |
| All other expenses | $1,676 |
| Total functional expenses | $144,417 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,546 |
| Savings and temporary cash investments | $111,085 |
| 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 | $1,108,669 |
| Investments—other securities | $421,001 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,665,301 |
| Accounts payable and accrued expenses | $1,175 |
| 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 | $1,175 |
| Net assets without donor restrictions | $1,041,117 |
| Net assets with donor restrictions | $623,009 |
| 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 | $1,665,301 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Converse County Hospital Foundation Inc has recieved totaling $5,293.
| Awarding Organization | Amount |
|---|---|
Knisely Family Founation Inc Tucson, AZ PURPOSE: HUMAN NEEDS | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $293 |
Endowment Analysis
| Beg. Balance | $500,000 |
| Earnings | -$121,208 |
| Other Expense | -$121,208 |
| Ending Balance | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Valley Medical Center Nephi, UT | $111,937,564 | $50,958,104 |
Valley Family Health Care Inc Payette, ID | $17,988,562 | $31,619,036 |
Carbon Medical Service Association East Carbon, UT | $4,238,604 | $6,933,505 |
Colorado Community Health Network Inc Denver, CO | $3,957,445 | $4,870,555 |
Northern Montana Health Care Inc Havre, MT | $103,915,876 | $18,268,656 |
Evergreen Family Friendship Service Colorado Springs, CO | $1,997,338 | $372,263 |
Hrmc Foundation Huron, SD | $3,566,373 | $620,258 |
Rocky Mountain Rural Health Inc Fairplay, CO | $310,601 | $234,975 |
Converse County Hospital Foundation Inc Douglas, WY | $1,665,301 | $303,475 |
Nebraska Rural Health Association Papillion, NE | $211,807 | $0 |
Elkhorn Mountain Health Services Inc Boulder, MT | $169,969 | $0 |