Spencer Regional Healthcare Foundation

Spencer Regional Healthcare Foundation

Spencer, IA 51301
Tax ID42-1416816

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About this organization

Revenue

$4,826,346

Expenses

$299,006

Mission

SUPPORT the enhancement of HEALTH CARE technologies and programs in the region served by Spencer Municipal hospital.

About

THE disbursements are FOR the CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES WHICH BENEFIT AND SUPPORT MEDICAL AND HEALTH CARE services FOR PERSONS in the region served by SPENCER Municipal Hospital. FUNDS HAVE BEEN USED BY THE DONEE TO PURCHASE DESIGNATED MEDICAL EQUIPMENT, OTHER MEDICAL ITEMS and programs USED FOR THE DELIVERY OF MEDICAL SERVICES.

Interesting data from their 2020 990 filing

The filing sets forth the mission of the non-profit as “Support the enhancement of health care technologies and programs in the region served by spencer municipal hospital.”.

When detailing its responsibilities, they were listed as: “Support the enhancement of health care technologies and programs in the region served by spencer municipal hospital.”.

  • The state in which the non-profit is legally permitted to operate is IA.
  • The address of the non-profit for 2020 according to the filing is 1200 1st Avenue East, Spencer, IA, 513014330.
  • The number of employees reported by the non-profit on their form as of 2020 is 0.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $4,527,340.
  • The CEO compensation structure within the organization is based on a review and approval from a neutral party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 14 independent voting members.
  • The organization was formed in 1993.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $9,170 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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