2025-11-07T08:12:31+00:00 2024-12-31 440160260 Forvis Mazars LLP 1551 N Waterfront Pkwy Ste 300 Wichita KS 672066601 990 2024-01-01 460865487 ASPEN VALLEY HOSPITAL FOUNDATION ASPE 9705441302 0401 CASTLE CREEK ROAD ASPEN CO 81611 DAVID RESSLER CEO 2025-11-07 true Kevin Ensminger P01310558 3162652811 2025-11-07 2024 2025-03-06 01:10:19Z ASPEN VALLEY HEALTH FOUNDATION DIANA BULMAN 0401 CASTLE CREEK ROAD ASPEN CO 81611 5804406 false X WWW.SUPPORTASPENVALLEYHOSPITAL.ORG X 2012 CO TO RAISE AND MANAGE PHILANTHROPIC SUPPORT FOR THE CURRENT AND FUTURE NEEDS OF ASPEN VALLEY HOSPITAL. 17 14 0 14 0 6901422 5466613 0 0 118423 156943 -176732 -213298 6843113 5410258 3149229 2916295 0 0 1013679 1071282 0 0 872924 650221 203095 4813129 4190672 2029984 1219586 10158221 10769139 608668 0 9549553 10769139 TO RAISE AND MANAGE PHILANTHROPIC SUPPORT FOR THE CURRENT AND FUTURE NEEDS OF ASPEN VALLEY HOSPITAL. false false 2916295 2916295 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. THE GRANTS ARE PAID THROUGH CURRENT DONATIONS, PRIOR YEAR PLEDGE PAYMENTS, AND FROM CASH CARRIED OVER FROM PRIOR YEAR DONATIONS. 2916295 true true false false false false false false false false false false false false false false false true false false false false false false true false false true false true false false false false false false false false false false false false false false false true false false true false true X 0 0 0 false false false false false true true false false false false false false X 17 14 true false false false true true true true true false false false false true true true true true true true false false CA CO DE HI ID IL KS LA AK MD MA MI MN MS MO NV NJ NM NY NC OH OK OR PA AZ SC TN AR WA X DIANA BULMAN 9705441302 0401 CASTLE CREEK ROAD ASPEN CO 81611 CARI KULHMAN DIRECTOR/CHAIRMAN 5.0 0.0 X X 0 0 0 DAVID BRAIN DIRECTOR/TREASURER 5.0 35.0 X X 0 15800 3520 ERNIE FYRWALD PT YR DIRECTOR/VICE CHAIRMAN 5.0 0.0 X X 0 0 0 GINETTE SEBENALER PT YR DIRECTOR/TREASURER 5.0 35.0 X X 0 395391 145389 JOAN GURRENTZ DIRECTOR/SECRETARY 5.0 0.0 X X 0 0 0 COLEY CASSIDY PT YR DIRECTOR 5.0 0.0 X 0 0 0 CORI BERGER DIRECTOR 5.0 0.0 X 0 0 0 DAVID RESSLER DIRECTOR 5.0 35.0 X 0 628732 205977 GREG BALKO MD PT YR DIRECTOR 5.0 5.0 X 0 0 0 JOHN SARPA DIRECTOR 5.0 0.0 X 0 0 0 JUSTIN DOUGLAS DIRECTOR 5.0 0.0 X 0 0 0 LAURA PAULUS DIRECTOR 5.0 0.0 X 0 0 0 LEE SCHUMACHER DIRECTOR 5.0 5.0 X 0 0 0 LISA GUTH DIRECTOR 5.0 0.0 X 0 0 0 MEREDITH LORING DIRECTOR 5.0 0.0 X 0 0 0 PAM ALEXANDER DIRECTOR 5.0 0.0 X 0 0 0 PETE LOURAS DIRECTOR 5.0 0.0 X 0 0 0 RACHEL SHERMAN DIRECTOR 5.0 0.0 X 0 0 0 ROBERT KUNKLE DIRECTOR 5.0 0.0 X 0 0 0 SUZANNE CAIN PT YR DIRECTOR 5.0 0.0 X 0 0 0 THOMAS CLARK DIRECTOR 5.0 0.0 X 0 0 0 DIANA BULMAN DIRECTOR/PRESIDENT 40.0 0.0 X 345841 0 105406 345841 1039923 460292 1 false true false 0 614750 2323914 2527949 5466613 0 0 0 0 0 156943 156943 0 0 0 0 180850 614750 394148 -213298 -213298 0 0 0 0 0 5410258 0 0 -56355 2916295 2916295 0 0 451247 45125 406122 497166 149150 348016 36455 10936 25519 74575 22372 52203 11839 2549 9290 46716 46716 4370 4370 5350 5350 0 0 0 0 20463 9009 11454 18035 13288 4747 40096 40096 5287 5236 51 519 519 11676 11676 Dues & Subscriptions 28807 28807 Donor Recognition 1835 1835 Food / meals 1360 680 680 All other expenses 18581 5574 13007 0 0 0 0 4190672 2916295 401453 872924 994826 2839767 3909969 3506665 5159157 4407662 68850 8250 0 0 0 0 25419 6795 0 0 0 0 0 0 0 0 10158221 10769139 0 0 608668 0 608668 0 X 1062793 2824562 8486760 7944577 9549553 10769139 10158221 10769139 1219586 0 X false true true false X 5270610 13667644 9868133 6901422 5466613 41174422 0 0 5270610 13667644 9868133 6901422 5466613 41174422 4118615 37055807 515 2828 5229 118423 156943 283938 0 77360 0 0 0 0 77360 41535720 0 0.89214 0.88715 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - SPECIAL EVENTS, COLUMN A - 77360.0, COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - , COLUMN F - 77360.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part X, Line 2 UNCERTAIN TAX POSITIONS 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. POLO BENEFIT 537800 376950 160850 62037 77924 108344 66499 SPEAKER SYMPOSIUM 257800 237800 20000 46124 33220 0 795600 614750 180850 62037 124048 108344 99719 394148 -213298 true ASPEN VALLEY HOSPITAL DISTRICT 0401 CASTLE CREEK ROAD ASPEN CO 81611 840720309 STATE OF COLORADO 2916295 OPERATION & CAPITAL SUPPORT 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds THE FOUNDATION ISSUES ALL GRANTS TO A RELATED ORGANIZATION, AND THEREFORE IS ABLE TO MONITOR THE GRANT FUND EXPENDITURES. false true false false false false false false false GINETTE SEBENALER PT YR DIRECTOR/TREASURER 0 395391 0 0 0 0 0 113882 0 31507 0 540780 0 0 DAVID RESSLER DIRECTOR 0 628732 0 0 0 0 0 163112 0 42865 0 834709 0 0 DIANA BULMAN DIRECTOR/PRESIDENT 345841 0 0 0 0 0 86517 0 18889 0 451247 0 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation COMPENSATION FOR DAVID RESSLER, GINETTE SEBENALER, DIANA BULMAN, AND DAVID BRAIN 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. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THE FOLLOWING INDIVIDUALS ARE PARTICIPANTS IN, AND HAD ACCRUALS INTO, A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN DURING 2024: DAVID RESSLER: $81,549 GINETTE SEBENALER: $59,866 DIANA BULMAN: $47,578 DAVID BRAIN: $198 Form 990, Part V, Line 1a & 2a NUMBER OF CONTRACTORS AND EMPLOYEES 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, UNLESS IT IS FORGIVEN IN THE FUTURE. Form 990, Part VI, Line 1a NUMBER OF VOTING MEMBERS THE PRESIDENT OF THE FOUNDATION IS NOT A VOTING DIRECTOR. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons DAVID RESSLER, GINETTE SEBENALER, DIANA BULMAN, GREG BALKO, AND LEE SCHUMACHER - Business relationship Form 990, Part VI, Line 6 Classes of members or stockholders 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, Line 7a Members or stockholders electing members of governing body 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, Line 7b Decisions requiring approval by members or stockholders 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, Line 11b Review of form 990 by governing body 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, Line 12c Conflict of interest policy 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, Line 15a Process to establish compensation of top management official 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 INCLUDING THE PRESIDENT OF THE FOUNDATION AFTER USING AN INDEPENDENT COMPENSATION CONSULTANT. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE TREASURER OF ASPEN VALLEY HOSPITAL FOUNDATION IS THE CHIEF FINANCIAL OFFICER OF ASPEN VALLEY HOSPITAL. THE INDIVIDUAL'S PERFORMANCE IS REVIEWED ANNUALLY AND COMPENSATION DETERMINED BASED ON THE POSITION AS CHIEF FINANCIAL OFFICER OF ASPEN VALLEY HOSPITAL, NOT AS TREASURER OF ASPEN VALLEY HOSPITAL FOUNDATION. THE INDIVIDUAL'S ANNUAL REVIEW IS DETERMINED BASED ON 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, Line 19 Required documents available to the public 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 NA false false true true false true true false false false false true true false true true false false false false ASPEN VALLEY HOSPITAL DISTRICT B 2916295 BOOK ASPEN VALLEY HOSPITAL DISTRICT C 2323914 BOOK ASPEN VALLEY HOSPITAL DISTRICT O 1846055 BOOK