2020-11-16T09:10:48-06:00 2019-12-31 BKD LLP 1551 N WATERFRONT PKWY STE 300 WICHITA KS 672066601 990 2019-01-01 460865487 ASPEN VALLEY HOSPITAL FOUNDATION % DEBORAH BREEN ASPE 9705441302 0401 CASTLE CREEK ROAD ASPEN CO 81611 GINETTE SEBENALER TREASURER 9705441302 2020-11-15 true SHAWNELL LINOT P01663908 3162652811 167.68.126.162 48010220203215000010 2020-11-16 P 2967532D7000F9E1FAA5B1B19B38C174EF97BACC BA21A7A7DF03597CAA95FF5B57CCAA395E7C7A92 2019 2021-01-29 14:40:06Z DEBORAH BREEN 0401 CASTLE CREEK ROAD ASPEN CO 81611 4642263 false X WWW.SUPPORTASPENVALLEYHOSPITAL.ORG X 2012 CO TO RAISE AND MANAGE PHILANTHROPIC SUPPORT FOR THE CURRENT AND FUTURE NEEDS OF ASPEN VALLEY HOSPITAL. 12 10 0 10 0 5126286 4551111 0 0 0 0 -141175 -150224 4985111 4400887 5035446 4780116 0 0 736879 770413 0 0 841662 551540 545153 6323865 6095682 -1338754 -1694795 4503189 4351895 7524460 9067961 -3021271 -4716066 TO RAISE AND MANAGE PHILANTHROPIC SUPPORT FOR THE CURRENT AND FUTURE NEEDS OF ASPEN VALLEY HOSPITAL. false false 4780116 4780116 0 THIS FOUNDATION RAISED AND GRANTED A SIGNIFICANT AMOUNT OF FUNDING FOR THE THIRD AND FOURTH PHASES OF THE MASTER FACILITIES PLAN OF ASPEN VALLEY HOSPITAL DISTRICT (AVHD). THIS FOUNDATION CONTINUED TO GRANT FUNDS TO ITS SOLE MEMBER, AVHD, IN EXCESS OF THE ANNUAL DONATIONS RECEIVED IN THE CURRENT YEAR. THE GRANTS ARE PAID THROUGH CURRENT DONATIONS AND, PRIOR YEAR PLEDGE PAYMENTS WHICH AMOUNTED TO $868,843, AND FROM CASH CARRIED OVER FROM PRIOR YEAR DONATIONS. 4780116 true true false false false false false false false false false false false false true false false true false false false false false false true false false true false true false false false false false false false false true true false false false true false true false true X 0 0 0 false false false false false true true false false false false false false X 12 10 true false false false true true true true true false false false true true true true true true true false CO FL NJ NY PA X DEBORAH BREEN 9705441302 0401 CASTLE CREEK ROAD ASPEN CO 81611 DAVID RESSLER DIRECTOR 5.0 35.0 X 0 573955 83881 GINETTE SEBENALER TREASURER 5.0 35.0 X X 0 344888 77442 DEBORAH BREEN PRESIDENT 40.0 0.0 X 280872 0 69079 ARCHER BISHOP MD DIRECTOR 1.0 0.0 X 0 0 0 JOHN SARPA CHAIRMAN 1.0 0.0 X X 0 0 0 ERNIE FYRWALD VICE CHAIRMAN 1.0 0.0 X X 0 0 0 MELINDA NAGLE MD DIRECTOR 1.0 1.0 X 0 0 0 CHUCK FRIAS DIRECTOR 1.0 1.0 X 0 0 0 PAM ALEXANDER DIRECTOR 1.0 0.0 X 0 0 0 COLEY CASSIDY DIRECTOR 1.0 0.0 X 0 0 0 DOUGLAS ROVIRA DIRECTOR 1.0 0.0 X 0 0 0 PETE LOURAS DIRECTOR 1.0 0.0 X 0 0 0 JOAN GURRENTZ SECRETARY 1.0 0.0 X X 0 0 0 280872 918843 230402 1 false true false 0 496421 313146 3741544 59504 4551111 0 0 0 0 0 0 0 0 91152 496421 241376 -150224 -150224 0 0 0 0 0 0 0 4400887 -150224 4780116 4780116 0 0 0 349951 34995 314956 0 214778 64433 150345 62053 12605 49448 134906 26315 108591 8725 1803 6922 49055 49055 360 360 4888 4888 0 0 0 73004 73004 194635 67210 127425 85203 43694 41509 0 0 33245 33245 13703 9534 4169 0 7508 7508 0 0 0 12049 12049 PROV. FOR UNCOLLECTIBLE PLEDGE 23112 23112 DUES AND SUBSCRIPTIONS 15333 15333 _ 0 _ 0 33058 17873 15185 6095682 4780116 473904 841662 234823 168244 0 0 4078460 3905086 0 263092 0 0 0 0 0 0 0 0 0 15473 0 0 0 0 0 0 0 0 0 0 189906 0 4503189 4351895 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7524460 9067961 7524460 9067961 X -3021271 -4716066 0 0 -3021271 -4716066 4503189 4351895 -1694795 X false true X true false X 6765552 2969070 5410977 5126286 4551111 24822996 0 0 6765552 2969070 5410977 5126286 4551111 24822996 2295940 22527056 0 0 0 322606 0 0 0 322606 25145602 0.89587 0.96275 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO ASPEN VALLEY HOSPITAL 9067961 9067961 SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITION UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. GHIORSI AND SORRENTI INC FUNDRAISING CONSULTING false POLO BENEFIT 570378 490901 79477 81583 101572 48362 SNOW POLO BENEF 17195 5520 11675 50 9196 613 0 587573 496421 91152 81633 110768 48975 241376 -150224 true ASPEN VALLEY HOSPITAL DISTRICT 0401 CASTLE CREEK ROAD ASPEN CO 81611 840720309 GOVERNMENTAL 4780116 OPERATION & CAPITAL SUPPORT 1 SCHEDULE I, PART I, LINE 2 ALL GRANTS REFLECTED (FORM 990, PART I, LINE 8) ARE MADE SOLELY TO ASPEN VALLEY HOSPITAL DISTRICT AND ARE REPORTED AS EXPENSES ON FORM 990, PART I, LINE 13. ASPEN VALLEY HOSPITAL FOUNDATION'S GRANTS PAID TYPICALLY EXCEED CONTRIBUTIONS RAISED AS EXPLAINED IN THE COMMENTS ON FORM 990, PART III, LINE 4A. ADDITIONALLY, ASPEN VALLEY HOSPITAL FOUNDATION LAUNCHED A $60 MILLION CAPITAL CAMPAIGN IN 2013 AND THE CONTRIBUTIONS ON FORM 990, SCH A, PART II, SECTION B, LINE 4 REFLECT SEVERAL MAJOR LEAD GIFTS INTO THE CAMPAIGN IN 2014 AND 2015 WITH SUBSEQUENT YEARS REFLECTING ON-GOING PROGRESS. TO DATE, ASPEN VALLEY HOSPITAL FOUNDATION HAS RAISED $47M FOR THIS CAMPAIGN. X false false false false false false false false false GINETTE SEBENALER TREASURER 0 301426 0 43462 0 0 0 38000 0 39442 0 422330 0 0 DAVID RESSLER DIRECTOR 0 450341 0 123614 0 0 0 43000 0 40881 0 657836 0 0 DEBORAH BREEN PRESIDENT 259793 0 21079 0 0 0 30055 0 39024 0 349951 0 0 0 SCHEDULE J, PART I, LINE 3 COMPENSATION FOR DEBORAH BREEN, GINETTE SEBENALER, AND DAVE RESSLER IS PROVIDED BY ASPEN VALLEY HOSPITAL DISTRICT, A RELATED ORGANIZATION. THESE EMPLOYEES ARE LEASED THROUGH THE HOSPITAL AND THE HOSPITAL'S BOARD OF DIRECTORS ANNUALLY APPROVES THEIR COMPENSATION AFTER USING AN INDEPENDENT COMPENSATION CONSULTANT. X 17 0 FMV X 3 59504 FMV false true false SCHEDULE M, PART I, COLUMN B THE NUMBER REPORTED IN COLUMN (B) IS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART V, LINES 1A & 2A ASPEN VALLEY HOSPITAL DISTRICT (EIN 84-0720309), A RELATED ORGANIZATION, PROVIDES EMPLOYEES AND CONTRACTED LABOR TO ASPEN VALLEY HOSPITAL FOUNDATION. ASPEN VALLEY HOSPITAL DISTRICT FILES ALL FORMS 1099 AND W-2 APPLICABLE UNDER THIS ARRANGEMENT. WHILE ASPEN VALLEY HOSPITAL FOUNDATION RAISES RESTRICTED FUNDS IN A $60 MILLION PHILANTHROPIC CAMPAIGN, ASPEN VALLEY HOSPITAL DISTRICT IS FUNDING THE COSTS OF THE FOUNDATION, WHICH WILL BE PAID BACK OVER TIME AT THE CONCLUSION OF THE CAPITAL CAMPAIGN WITH UNRESTRICTED FUNDS RAISED. FORM 990, PART VI, SECTION A, LINE 1A THE PRESIDENT OF THE FOUNDATION IS NOT A VOTING MEMBER. FORM 990, PART VI, SECTION A, LINE 2 DAVE RESSLER, GINETTE SEBENALER, DEBORAH BREEN, CHUCK FRIAS, AND MELINDA NAGLE HAVE AN EMPLOYER AND EMPLOYEE RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 ASPEN VALLEY HOSPITAL DISTRICT, A SPECIAL DISTRICT OF THE STATE OF COLORADO, IS THE SOLE MEMBER OF ASPEN VALLEY HOSPITAL FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A ASPEN VALLEY HOSPITAL DISTRICT, AS THE SOLE MEMBER OF ASPEN VALLEY HOSPITAL FOUNDATION, HAS THE POWER TO ELECT OR APPOINT THE MEMBERS OF AVHF'S GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B ASPEN VALLEY HOSPITAL DISTRICT, AS THE SOLE MEMBER OF ASPEN VALLEY HOSPITAL FOUNDATION, HAS THE POWER TO MAKE GOVERNANCE DECISIONS FOR THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE FORM 990. THE FORM 990 IS THEN REVIEWED BY THE TREASURER AND THE PRESIDENT OF ASPEN VALLEY HOSPITAL FOUNDATION. THE TREASURER REVIEWS THE FORM 990 WITH THE BOARD AFTER THE FORM IS FILED WITH THE IRS. THE TREASURER IS AVAILABLE TO ANSWER ANY QUESTIONS OR PROVIDE CLARIFICATION. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND OFFICERS ARE SUBJECT TO THE CONFLICT OF INTEREST POLICY AND SIGN AN ANNUAL ACKNOWLEDGEMENT THAT THEY HAVE READ, UNDERSTAND AND COMPLIED WITH THE CONFLICT OF INTEREST POLICY. THE PRESIDENT OF ASPEN VALLEY HOSPITAL FOUNDATION PERFORMS AN ANNUAL REVIEW OF THE CONFLICT OF INTEREST POLICY, AT WHICH TIME ALL BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS. IF IT IS DETERMINED THAT A CONFLICT OF INTEREST MAY EXIST, THE INTERESTED PERSON SHALL LEAVE THE GOVERNING BOARD MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON BY THE REMAINING NON-INTERESTED MEMBERS. THE BOARD CHAIR MAY APPOINT ANOTHER DISINTERESTED PARTY TO DISCUSS THE TRANSACTION OR THE REMAINING BOARD MEMBERS MAY VOTE TO ENTER INTO OR ABSTAIN FROM THE SUSPECT TRANSACTION. FAILURE TO DISCLOSE FINANCIAL INTERESTS BY INTERESTED BOARD MEMBERS WILL RESULT IN DISCIPLINARY ACTION. ALL CONFLICTS OF INTEREST AND THEIR ULTIMATE RESOLUTION ARE DOCUMENTED IN THE BOARD MINUTES. THE BOARD CONDUCTS PERIODIC REVIEWS TO DETERMINE THAT CONFLICTS ARE BEING IDENTIFIED AND RESOLVED ACCORDING TO POLICY DOCUMENTATION. REVIEWS BY OUTSIDE EXPERTS ARE PERMITTED, BUT NOT REQUIRED. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE PRESIDENT OF ASPEN VALLEY HOSPITAL FOUNDATION IS DETERMINED BY THE CEO OF ASPEN VALLEY HOSPITAL UPON CONSULTATION AND REVIEW WITH ASPEN VALLEY HOSPITAL'S BOARD OF DIRECTORS AND THE BOARD OF DIRECTORS OF ASPEN VALLEY HOSPITAL FOUNDATION. THERE ARE ANNUAL REVIEWS PERFORMED BY THE CEO OF ASPEN VALLEY HOSPITAL AND ANY INCREASES ARE DETERMINED BASED ON THE PRESIDENT'S PERFORMANCE AND COMPLIANCE WITH CORPORATE VALUES. THE HOSPITAL'S BOARD OF DIRECTORS ANNUALLY APPROVES EXECUTIVE COMPENSATION AFTER USING AN INDEPENDENT COMPENSATION CONSULTANT. FORM 990, PART VI, SECTION B, LINE 15B THE TREASURER OF ASPEN VALLEY HOSPITAL FOUNDATION IS THE CHIEF FINANCIAL OFFICER OF ASPEN VALLEY HOSPITAL. HER PERFORMANCE IS REVIEWED ANNUALLY AND HER COMPENSATION IS DETERMINED BASED ON HER POSITION AS CHIEF FINANCIAL OFFICER OF ASPEN VALLEY HOSPITAL, NOT AS TREASURER OF ASPEN VALLEY HOSPITAL FOUNDATION. HER ANNUAL REVIEW IS DETERMINED BASED ON HER PERFORMANCE AS CHIEF FINANCIAL OFFICER OF ASPEN VALLEY HOSPITAL AND COMPLIANCE WITH CORPORATE VALUES. ASPEN VALLEY HOSPITAL'S BOARD OF DIRECTORS ANNUALLY APPROVES EXECUTIVE COMPENSATION AFTER USING AN INDEPENDENT COMPENSATION CONSULTANT. FORM 990, PART VI, SECTION C, LINE 19 NO GOVERNING DOCUMENTS OR INTERNAL POLICIES ARE MADE AVAILABLE TO THE PUBLIC. AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC THROUGH ASPEN VALLEY HOSPITAL DISTRICT'S WEBSITE. ASPEN VALLEY HOSPITAL DISTRICT 0401 CASTLE CREEK RD ASPEN CO 81611 840720309 HOSPITAL CO GOVERNMENT NA false false true true false true false false false false false true true false true true false false false false