BETA

GATEWAY WELLNESS FOUNDATION: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
GATEWAY WELLNESS FOUNDATION (EIN 46-3395393)
Tax period
2018-10-01 to 2019-09-30
Filed
2020-05-13
IRS object ID
202011349349302021
Schema version
2018v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-05-13T10:40:55-05:00ReturnTs
Tax Period End2019-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN561607661PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LOWDERMILK CHURCH & CO LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1121 NORTH STERLING STREETAddressLine1Txt
CityMORGANTONCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28655ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN463395393EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GATEWAY WELLNESS FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGATEBusinessNameControlTxt
Phone8285599270PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1135 S MAIN STREETAddressLine1Txt
CityMARIONCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28752ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNORMAN GUTHRIEPersonNm
Person TitleBOARD CHAIRMANPersonTitleTxt
Phone8285599270PhoneNum
Signature2020-05-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPHILLIP E CHURCHPreparerPersonNm
PTINP00092400PTIN
Phone8284331226PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address12.107.32.210IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-05-13IPDt
IP Tm10:30:27IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdF6E156E3B3B0F15929370D3F63E59AE483C66467AtSubmissionCreationDeviceId
At Submission Filing Device Id3F495F6676C9DF1D3D78BD4F3581D540FE2C5C04AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerNORMAN GUTHRIEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1135 S MAIN STREETAddressLine1Txt
CityMARIONCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28752ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,092,117GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressGATEWAYWELLNESSFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2013FormationYr
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionOUR MISSION IS CENTERED IN THE HEALTH AND WELLBEING OF OUR WESTERN NORTH CAROLINA COMMUNITY. THROUGH INTENTIONAL PARTNERSHIPS AND COLLABORATIONS, GATEWAY WELLNESS IMPROVES AND SUPPORTS QUALITY OF LIFE IN WNC BY PROMOTING WELLNESS OPPORTUNITIES AMONG ORGANIZATIONS FOR PEOPLE WE SERVE REGIONALLY.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers6TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$222,455PYContributionsGrantsAmt
CY Contributions Grants$5,040,592CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$4,233PYInvestmentIncomeAmt
CY Investment Income$51,525CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$226,688PYTotalRevenueAmt
CY Total Revenue$5,092,117CYTotalRevenueAmt
PY Grants And Similar Paid$326,282PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$35,381CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$82,315PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$46,482CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$65,664CYTotalFundraisingExpenseAmt
PY Other Expenses$225,701PYOtherExpensesAmt
CY Other Expenses$46,490CYOtherExpensesAmt
PY Total Expenses$634,298PYTotalExpensesAmt
CY Total Expenses$128,353CYTotalExpensesAmt
PY Revenues Less Expenses-$407,610PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$4,963,764CYRevenuesLessExpensesAmt
Total Assets BOY$167,651TotalAssetsBOYAmt
Total Assets EOY$5,112,373TotalAssetsEOYAmt
Total Liabilities BOY$8,608TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,136TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$159,043NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,107,237NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO IMPROVE THE HEALTH AND WELL-BEING OF ALL PEOPLE AND COMMUNITIES WITHIN ALL COUNTIES OF WESTERN NORTH CAROLINA.MissionDesc
Significant New Program SrvcYes (1)SignificantNewProgramSrvcInd
Significant ChangeYes (1)SignificantChangeInd
Expense$35,381ExpenseAmt
Grant$35,381GrantAmt
DescTO SUPPORT EDUCATIONAL OPPORTUNITIES IN HEALTH RELATED CAREERS FOR STUDENTS IN WESTERN NORTH CAROLINADesc
Total Program Service Expenses$35,381TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document2IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee2EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EXECUTIVE DIRECTORBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8285599270PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1135 S MAIN STREETAddressLine1Txt
CityMARIONCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28752ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
LISA BUFF
MEMBER0.50Yes (X)$0$0$0
REBECCA CROSS
MEMBER1.00Yes (X)$0$0$0
HILL EVANS
MEMBER1.00Yes (X)$0$0$0
NORMAN GUTHRIE
CHAIRMAN2.00$0$0$0Yes (X)
KERRY DAVIS
VICE CHAIR1.00$0$0$0Yes (X)
MARION BAKER
TREASURER1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$5,040,592AllOtherContributionsAmt
Total Contributions$5,040,592TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$48,002TotalRevenueColumnAmt
Related Or Exempt Func Income$48,002RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$3,523SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$3,523SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,523TotalRevenueColumnAmt
Related Or Exempt Func Income$3,523RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,092,117TotalRevenueColumnAmt
Related Or Exempt Func Income$51,525RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$35,381TotalAmt
Program Services$35,381ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$39,674TotalAmt
Management And General$15,870ManagementAndGeneralAmt
Fundraising$23,804FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$3,268TotalAmt
Management And General$1,307ManagementAndGeneralAmt
Fundraising$1,961FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$3,540TotalAmt
Management And General$708ManagementAndGeneralAmt
Fundraising$2,832FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$1,550TotalAmt
Management And General$310ManagementAndGeneralAmt
Fundraising$1,240FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$3,609TotalAmt
Management And General$722ManagementAndGeneralAmt
Fundraising$2,887FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$2,388TotalAmt
Management And General$485ManagementAndGeneralAmt
Fundraising$1,903FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$24,920TotalAmt
Management And General$4,984ManagementAndGeneralAmt
Fundraising$19,936FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$146TotalAmt
Management And General$146ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$584TotalAmt
Management And General$117ManagementAndGeneralAmt
Fundraising$467FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
RENT$6,600$1,320$5,280
PURCHASED SERVICES$1,888$378$1,510
FOOD$1,770$354$1,416
UTILITITES$1,171$234$937

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,864TotalAmt
Management And General$373ManagementAndGeneralAmt
Fundraising$1,491FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$128,353TotalAmt
Program Services$35,381ProgramServicesAmt
Management And General$27,308ManagementAndGeneralAmt
Fundraising$65,664FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$113,525BOYAmt
EOY$153,506EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$77,477EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,891LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$146LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$3,745EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$51,889BOYAmt
EOY$4,877,645EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,237BOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$167,651BOYAmt
EOY$5,112,373EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
EOY$5,136EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$8,608BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$8,608BOYAmt
EOY$5,136EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$129,880BOYAmt
EOY$5,107,237EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$29,163BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$159,043BOYAmt
EOY$5,107,237EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$167,651BOYAmt
EOY$5,112,373EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$4,963,764ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$15,570NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$392,991CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$450,178CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$592,200CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$258,455CurrentTaxYearMinus1YearAmt
Current Tax Year$5,040,592CurrentTaxYearAmt
Total$6,734,416TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$392,991CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$450,178CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$592,200CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$258,455CurrentTaxYearMinus1YearAmt
Current Tax Year$5,040,592CurrentTaxYearAmt
Total$6,734,416TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$5,138,880SubstantialContributorsTotAmt
Public Support Total170$1,595,536PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,030CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,519CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year$958CurrentTaxYearMinus1YearAmt
Current Tax Year$35,955CurrentTaxYearAmt
Total$40,462TotalAmt
FieldValueIRS element (for citing)
Total Support$6,774,878TotalSupportAmt
Public Support CY1700.23550PublicSupportCY170Pct
Public Support PY1700.65670PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests PY170Yes (X)ThirtyThrPctSuprtTestsPY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$53,916BeginningYearBalanceAmt
Grants Or Scholarships$53,916GrantsOrScholarshipsAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$51,070BeginningYearBalanceAmt
Investment Earnings Or Losses$2,846InvestmentEarningsOrLossesAmt
End Year Balance$53,916EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$46,664BeginningYearBalanceAmt
Investment Earnings Or Losses$4,406InvestmentEarningsOrLossesAmt
End Year Balance$51,070EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$46,859BeginningYearBalanceAmt
Investment Earnings Or Losses-$195InvestmentEarningsOrLossesAmt
End Year Balance$46,664EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$44,788BeginningYearBalanceAmt
Investment Earnings Or Losses$2,071InvestmentEarningsOrLossesAmt
End Year Balance$46,859EndYearBalanceAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,891OtherCostOrOtherBasisAmt
Depreciation$146DepreciationAmt
Book Value$3,745BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,745TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$5,223,453TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$15,570NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$146,906DonatedServicesAndUseFcltsAmt
Revenue Not Reported$131,336RevenueNotReportedAmt
Revenue Subtotal$5,092,117RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$5,092,117TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$275,259TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$146,906DonatedServicesUseFcltsAmt
Expenses Not Reported$146,906ExpensesNotReportedAmt
Expenses Subtotal$128,353ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$128,353TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationFASB ASC 740-10 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAX POSITIONS. BASED ON AN EVALUATION OF UNCERTAIN TAX POSITIONS MANAGEMENT IS REQUIRED TO MEASURE POTENTIAL TAX LIABILITIES THAT COULD HAVE A RISK GREATER THAN A 50% LIKELIHOOD OF BEING RELIZED UPON SETTLEMENT. AS OF SEPTEMBER 30, 2019 MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAS NO SUCH RISK AND THEREFORE NO LIABILITIES HAVE BEEN RECORDED FOR UNCERTAIN TAX POSITIONS. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATION BY FEDERAL AUTHORITIES FOR YEARS PRIOR TO 2016.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPS FOR EDUCATIONAL OPPORTUNITIES IN HEALTH RELATED CAREERS FOR STUDENTS IN WESTERN NORTH CAROLINAGrantTypeTxt
Recipient16RecipientCnt
Cash Grant$35,381CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationSCHLORSHIPS ARE PROVIDED FOR STUDENTS IN WESTERN NORTH CAROLINAExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 2TO SUPPORT THE HEALTH AND WELL-BEING OF THE PEOPLE AND COMMUNITIES IN WESTERN NORTH CAROLINA
FORM 990, PART III, LINE 3PREVIOUSLY THE FOUNDATION SUPPORTED THE MISSION AND PROGRAMS OF MCDOWELL HOSPITAL WHICH WAS SOLD
FORM 990, PART VI, SECTION B, LINE 11B990 WILL BE SENT BY EMAIL TO ALL BOARD MEMBERS AND REVIEWED AND APPROVED BY THE BOARD CHAIR AND TREASURER AND THEN REVIEWED AT THE NEXT BOARD MEETING
FORM 990, PART VI, SECTION B, LINE 12CANNUAL SUBMISSION OF COMPLIANCE AND CONFLICT FORMS
FORM 990, PART VI, SECTION B, LINE 15THE BOARD CONSULTS WITH A SEARCH FIRM AND ANOTHER NONPROFIT ON COMPENSATION LEVELS WHEN EMPLOYING THE CURRENT EMPLOYEES
FORM 990, PART VI, SECTION C, LINE 18WILL BE ON GUIDESTAR, WILL DISTRIBUTE IF REQUIRED
FORM 990, PART VI, SECTION C, LINE 19UPON REQUEST

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