GREATER FAIRBANKS COMMUNITY HOSPITAL FOUNDATION INC: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- GREATER FAIRBANKS COMMUNITY HOSPITAL FOUNDATION INC (EIN 92-0035784)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-13
- IRS object ID
- 201743179349306794
- Schema version
- 2016v3.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-13T11:59:09-09:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 920116098 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KOHLER SCHMITT & HUTCHISON PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 70607 | AddressLine1Txt |
| City | FAIRBANKS | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 997070607 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 920035784 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GREATER FAIRBANKS COMMUNITY | BusinessNameLine1Txt |
| Business Name Line2 | HOSPITAL FOUNDATION INCORPORATED | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GREA | BusinessNameControlTxt |
| Phone | 9074585550 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 71396 | AddressLine1Txt |
| City | FAIRBANKS | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 997071396 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JEFF COOK | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 9074585550 | PhoneNum |
| Signature | 2017-11-13 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GARY CORRICK | PreparerPersonNm |
| PTIN | P00296939 | PTIN |
| Phone | 9074566676 | PhoneNum |
| Preparation | 2017-11-13 | PreparationDt |
Filing Security Information FilingSecurityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| At Submission Creation Device Id | F7413D766881C0E101CA54E0D5BD79304E0FCFE7 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 28C9F28F4AA7C82AF9DE65C6CC99B08C2CEE0B1C | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JEFF COOK | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 71396 | AddressLine1Txt |
| City | FAIRBANKS | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 997071396 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $129,455,205 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | FAIRBANKSHOSPITALFOUNDATION.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1968 | FormationYr |
| Legal Domicile State | AK | LegalDomicileStateCd |
| Activity Or Mission | THE GREATER FAIRBANKS COMMUNITY HOSPITAL FOUNDATION WAS ESTABLISHED TO ENSURE THAT WE NEVER AGAIN FACE THE PROSPECT OF A COMMUNITY WITHOUT HEALTH CARE BY: 1) PROVIDING OUTSTANDING MEDICAL FACILITIES AND TECHNOLOGY 2) OVERSEEING AN EXCELLENT OPERATOR 3) CREATING AN ENVIRONMENT THAT ATTRACTS QUALITY, CARING PHYSICIANS WHO WISH TO BE A PART OF THE COMMUNITY, AND 4) CREATING PARTNERSHIPS TO DELIVER QUALITY CARE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 34 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 34 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 84 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $651,988 | PYContributionsGrantsAmt |
| CY Contributions Grants | $849,304 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $47,823,403 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $54,979,478 | CYProgramServiceRevenueAmt |
| PY Investment Income | $7,634,743 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,134,014 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$20,455 | PYOtherRevenueAmt |
| CY Other Revenue | -$40,804 | CYOtherRevenueAmt |
| PY Total Revenue | $56,089,679 | PYTotalRevenueAmt |
| CY Total Revenue | $58,921,992 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $98,938 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $130,040 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $121,524 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $29,564,752 | PYOtherExpensesAmt |
| CY Other Expenses | $33,797,778 | CYOtherExpensesAmt |
| PY Total Expenses | $29,663,690 | PYTotalExpensesAmt |
| CY Total Expenses | $33,927,818 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $26,425,989 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $24,994,174 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $466,606,651 | TotalAssetsBOYAmt |
| Total Assets EOY | $490,071,792 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $165,281,267 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $157,338,740 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $301,325,384 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $332,733,052 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE GREATER FAIRBANKS COMMUNITY HOSPITAL FOUNDATION WAS ESTABLISHED TO ENSURE THAT WE NEVER AGAIN FACE THE PROSPECT OF A COMMUNITY WITHOUT HEALTH CARE BY: 1) PROVIDING OUTSTANDING MEDICAL FACILITIES AND TECHNOLOGY 2) OVERSEEING AN EXCELLENT OPERATOR 3) CREATING AN ENVIRONMENT THAT ATTRACTS QUALITY, CARING PHYSICIANS WHO WISH TO BE A PART OF THE COMMUNITY, AND 4) CREATING PARTNERSHIPS TO DELIVER QUALITY CARE. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $25,846,687 | ExpenseAmt |
| Grant | $130,040 | GrantAmt |
| Revenue | $54,980,763 | RevenueAmt |
| Desc | GFCHF BUILDS/LEASES MEDICAL FACILITIES TO SERVE THE INTERIOR ALASKA COMMUNITY (100,000 + PEOPLE). IT LEASES AN EQUIPPED HOSPITAL/LONG-TERM CARE FACILITY, IMAGING CENTER, CANCER TREATMENT CENTER, AND HEART CENTER TO BANNER HEALTH (AN UNRELATED NON-PROFIT ORGANIZATION) AND LEASES OTHER MEDICAL OFFICE FACILITIES TO CLINICS AND INDIVIDUAL DOCTORS AS WELL AS BANNER HEALTH. GFCHF'S DEVELOPMENT PROGRAM IS FOCUSED ON SOLICITING CONTRIBUTIONS, INCREASING AWARENESS OF THE ORGANIZATION, AND ENGAGING THE COMMUNITY IN GFCHF EVENTS. THE NEW FMH SURGERY CENTER, CIRCLE OF HOPE (CANCER CENTER), WITH ALL YOUR HEART (PORTER HEART CENTER) AND FMH MEDICAL HOSPICE ARE THE MOST ACTIVE CURRENT CAMPAIGNS. | Desc |
| Total Program Service Expenses | $25,846,687 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 43 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 34 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 34 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RUTH WENDLER | PersonNm |
| Phone | 9074585550 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1650 COWLES STREET | AddressLine1Txt |
| City | FAIRBANKS | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 99701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (40 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| JEFF COOK | ||||||
| PRESIDENT | 20.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MIKE KELLY | ||||||
| 1ST VP | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MARGARET SODEN | ||||||
| 2ND VP | 0.80 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| GARY RODERICK | ||||||
| 2ND VP | 20.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ROGER FLOERCHINGER | ||||||
| TREASURER | 0.80 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JOE FAULHABER | ||||||
| SECRETARY | 20.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| SCOTT BELL | ||||||
| CONSTR CHAIR | 1.10 | Yes (X) | $0 | $0 | $0 | |
| WALTER CARLO | ||||||
| TRUSTEE EMER | Yes (X) | $0 | $0 | $0 | ||
| ELIZABETH SCHOK | ||||||
| TRUSTEE | 0.20 | Yes (X) | $0 | $0 | $0 | |
| RON DAVIS | ||||||
| TRUSTEE | 0.40 | Yes (X) | $0 | $0 | $0 | |
| WILLIAM H DOOLITTLE MD | ||||||
| TRUSTEE EMER | Yes (X) | $0 | $0 | $0 | ||
| ANDREA GELVIN | ||||||
| TRUSTEE EMER | 0.20 | Yes (X) | $0 | $0 | $0 | |
| GAIL HATTAN | ||||||
| TRUSTEE | 0.80 | Yes (X) | $0 | $0 | $0 | |
| CHERYL KILGORE | ||||||
| TRUSTEE | 0.40 | Yes (X) | $0 | $0 | $0 | |
| DAVID MCNARY | ||||||
| TRUSTEE | 0.40 | Yes (X) | $0 | $0 | $0 | |
| WILLIAM W MENDENHALL | ||||||
| TRUSTEE EMER | 0.60 | Yes (X) | $0 | $0 | $0 | |
| RICHARD SEIFERT | ||||||
| TRUSTEE EMER | 0.50 | Yes (X) | $0 | $0 | $0 | |
| KEIR FOWLER | ||||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | ||
| DON THIBEDEAU | ||||||
| TRUSTEE | 0.20 | Yes (X) | $0 | $0 | $0 | |
| STEVE STEPHENS | ||||||
| TRUSTEE EMER | Yes (X) | $0 | $0 | $0 | ||
| BECKY ZAVERL | ||||||
| TRUSTEE | 0.20 | Yes (X) | $0 | $0 | $0 | |
| BERNARD GATEWOOD | ||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | |
| GALEN JOHNSON | ||||||
| TRUSTEE | 0.70 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL SFRAGA | ||||||
| TRUSTEE | 0.10 | Yes (X) | $0 | $0 | $0 | |
| BENJAMIN ROTH | ||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | |
| MARK SIMON | ||||||
| TRUSTEE | 0.90 | Yes (X) | $0 | $0 | $0 | |
| RODNEY BROWN | ||||||
| TRUSTEE | 0.10 | Yes (X) | $0 | $0 | $0 | |
| CHARLENE OSTBLOOM | ||||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | ||
| BILL VIVLAMORE | ||||||
| TRUSTEE | 0.80 | Yes (X) | $0 | $0 | $0 | |
| RYAN BINKLEY | ||||||
| TRUSTEE | 0.70 | Yes (X) | $0 | $0 | $0 | |
| KAREN PERDUE | ||||||
| TRUSTEE | 0.70 | Yes (X) | $0 | $0 | $0 | |
| BILL BAILEY | ||||||
| TRUSTEE | 0.20 | Yes (X) | $0 | $0 | $0 | |
| MATT WILKEN | ||||||
| TRUSTEE | 0.10 | Yes (X) | $0 | $0 | $0 | |
| CHRIS JENSEN | ||||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | ||
| DANTE CONLEY | ||||||
| TRUSTEE | 0.20 | Yes (X) | $0 | $0 | $0 | |
| RICHARD HATTAN | ||||||
| TRUSTEE | 0.20 | Yes (X) | $0 | $0 | $0 | |
| STEVE FRANK | ||||||
| TRUSTEE | 0.40 | Yes (X) | $0 | $0 | $0 | |
| MARK MILES | ||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |
| SHELLEY EBENAL | ||||||
| ED/ GEN COUN | 40.00 | Yes (X) | $0 | $0 | $0 | |
| RUTH WENDLER | ||||||
| CFO | 30.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| GHEMM COMPANY INC | |||||
| 3861 SCHACHT STREET | FAIRBANKS | AK | 99701 | CONSTRUCTION | $36,270,228 |
| BERKELY RESEARCH GROUP LLC | |||||
| 2200 POWELL STREET SUITE 1200 | EMERYVILLE | CA | 94608 | CONSULTING | $2,754,242 |
| JOHNSON RIVER ENTERPRISES | |||||
| PO BOX 70377 | FAIRBANKS | AK | 99707 | CONSTRUCTION | $1,948,215 |
| FOUNTAINHEAD DEVELOPMENT | |||||
| 1501 QUEENS WAY | FAIRBANKS | AK | 99701 | RENT | $1,441,763 |
| DORSEY & WHITNEY LLP | |||||
| 801 GRAND SUITE 4100 | DES MOINES | IA | 503098002 | LEGAL | $1,203,302 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 19 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $112,383 | FundraisingAmt |
| All Other Contributions | $736,921 | AllOtherContributionsAmt |
| Noncash Contributions | $79,907 | NoncashContributionsAmt |
| Total Contributions | $849,304 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| RENT HOSPITAL FACILITY | 531120 | $24,330,837 | $24,330,837 |
| RENT HOSP/LTC FAC ADDITIONAL | 531120 | $20,903,377 | $20,903,377 |
| RENT - TVC | 531120 | $4,517,706 | $4,517,706 |
| RENT - 1919 LATHROP | 531120 | $1,907,326 | $1,907,326 |
| RENT DENALI CENTER | 531120 | $1,761,504 | $1,761,504 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,558,728 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,558,728 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $54,979,478 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,253,300 | TotalRevenueColumnAmt |
| Exclusion | $4,253,300 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $56,313 | TotalRevenueColumnAmt |
| Exclusion | $56,313 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $69,233,069 | SecuritiesAmt |
| Other | $22,720 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $70,409,287 | SecuritiesAmt |
| Other | $22,101 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$1,176,218 | SecuritiesAmt |
| Other | $619 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,175,599 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $619 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | -$1,176,218 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $58,780 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $112,383 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $101,454 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$42,674 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $1,575 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $371 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,204 | TotalRevenueColumnAmt |
| Exclusion | $1,204 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $666 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $666 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $666 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $58,921,992 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $54,980,763 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $3,134,599 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,420 | TotalAmt |
| Program Services | $17,420 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $112,620 | TotalAmt |
| Program Services | $112,620 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $227,347 | TotalAmt |
| Management And General | $227,347 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,765 | TotalAmt |
| Management And General | $68,765 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $273,666 | TotalAmt |
| Management And General | $273,666 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $983,561 | TotalAmt |
| Program Services | $84,000 | ProgramServicesAmt |
| Management And General | $797,427 | ManagementAndGeneralAmt |
| Fundraising | $102,134 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,894 | TotalAmt |
| Management And General | $2,443 | ManagementAndGeneralAmt |
| Fundraising | $451 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $124,102 | TotalAmt |
| Management And General | $118,724 | ManagementAndGeneralAmt |
| Fundraising | $5,378 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $867,044 | TotalAmt |
| Program Services | $867,044 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,145 | TotalAmt |
| Management And General | $104,145 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,792,207 | TotalAmt |
| Program Services | $2,792,207 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,567,471 | TotalAmt |
| Program Services | $19,567,471 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,752 | TotalAmt |
| Management And General | $28,752 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FOUNDATION HEALTH START U | $5,822,306 | $5,822,306 | ||
| LETTER OF CREDIT/REMARKET | $1,048,571 | $1,048,571 | ||
| LEASE EXPENSE | $850,819 | $850,819 | ||
| OTHER | $504,645 | $466,201 | $29,041 | $9,403 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $531,483 | TotalAmt |
| Program Services | $477,494 | ProgramServicesAmt |
| Management And General | $49,831 | ManagementAndGeneralAmt |
| Fundraising | $4,158 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,927,818 | TotalAmt |
| Program Services | $25,846,687 | ProgramServicesAmt |
| Management And General | $7,959,607 | ManagementAndGeneralAmt |
| Fundraising | $121,524 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,625,260 | BOYAmt |
| EOY | $12,030,351 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,799,015 | BOYAmt |
| EOY | $23,179,003 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $89,607 | BOYAmt |
| EOY | $60,672 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,883,510 | BOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $461,949 | BOYAmt |
| EOY | $371,404 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,794,162 | BOYAmt |
| EOY | $2,463,866 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $504,319,185 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $252,082,764 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $214,637,435 | BOYAmt |
| EOY | $252,236,421 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $167,146,842 | BOYAmt |
| EOY | $144,900,401 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,168,871 | BOYAmt |
| EOY | $54,829,674 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $466,606,651 | BOYAmt |
| EOY | $490,071,792 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,694,845 | BOYAmt |
| EOY | $4,655,276 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $16,963 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $149,145,574 | BOYAmt |
| EOY | $142,759,786 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,440,848 | BOYAmt |
| EOY | $9,906,715 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $165,281,267 | BOYAmt |
| EOY | $157,338,740 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $299,413,146 | BOYAmt |
| EOY | $330,370,998 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,679,416 | BOYAmt |
| EOY | $2,119,802 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $232,822 | BOYAmt |
| EOY | $242,252 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $301,325,384 | BOYAmt |
| EOY | $332,733,052 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $466,606,651 | BOYAmt |
| EOY | $490,071,792 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $24,994,174 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $4,869,931 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $1,543,563 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,448,967 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $765,843 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $495,020 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $651,988 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $849,304 | CurrentTaxYearAmt |
| Total | $4,211,122 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,448,967 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $765,843 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $495,020 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $651,988 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $849,304 | CurrentTaxYearAmt |
| Total | $4,211,122 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $4,211,122 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,288,306 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,918,376 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,180,648 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,974,594 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,309,613 | CurrentTaxYearAmt |
| Total | $27,671,537 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $28,300 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,575 | CurrentTaxYearAmt |
| Total | $29,875 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $31,912,534 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $205,424,164 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.13200 | PublicSupportCY170Pct |
| Public Support PY170 | 0.11300 | PublicSupportPY170Pct |
| Ten Pct Facts Crcmstncs Test CY | Yes (X) | TenPctFactsCrcmstncsTestCYInd |
| Facts And Circumstances Test | STATEMENT FOR PART IV, SCHEDULE A - CONCERNING FACTS AND CIRCUMSTANCES "TEST" COMPLIANCE FOR TAX YEARS 2016 AND 2015, THE HOSPITAL FOUNDATION IS SHY OF HITTING THE AUTOMATIC PUBLIC CHARITY STANDARD OF 33.33 PERCENT UNDER 509(A)(1)/170(B) (1)(A)(VI). IT ACHIEVED (IN ROUNDED NUMBERS) 13 AND 11 PERCENT FOR 2016 AND 2015, RESPECTIVELY. BOTH YEARS' MATHEMATICAL RESULTS REFLECT THE PRESENCE, OVER THEIR RESPECTIVE TEST PERIODS, OF A VARIETY OF FACTORS THAT MAKE IT DIFFICULT FOR THE HOSPITAL FOUNDATION TO ACHIEVE A 33.33 PERCENT OR GREATER RESULT AS NOTED BELOW. THEIR PRESENCE (AND THE PUBLIC SUPPORT TEST PERCENTAGES RESULTING THEREFROM), DOES NOT MEAN THAT THE HOSPITAL FOUNDATION HAS FAILED TO BE SUPPORTED BY THE PUBLIC NOR THAT IT FAILS TO BE RESPONSIVE TO THE NEEDS OF THE WIDER PUBLIC. WITH RESPECT TO MEETING THE "FACTS AND CIRCUMSTANCES TEST" OVERALL, THE HOSPITAL FOUNDATION ALWAYS HAS SOLICITED SUPPORT FROM A LARGE POOL OF INDIVIDUALS AND CORPORATE FUNDERS IN AND REPRESENTATIVE OF THE WIDER COMMUNITY. IT CONTINUALLY WORKS TO ESTABLISH RELATIONSHIPS WITH POTENTIAL NEW CORPORATE AND/OR COMMUNITY "PARTNERS", INCLUDING OTHER 501(C)(3) PUBLIC CHARITIES AND AGENCIES WHOSE WORK OR GOALS ARE IN AFFINITY WITH THOSE OF THE HOSPITAL FOUNDATION. WHILE THE BOARD OF TRUSTEES AND THE HOSPITAL FOUNDATION'S OFFICERS PURSUE AN AMBITIOUS AND DIVERSE STRATEGY OF MAXIMIZING RETURN ON INVESTMENT ASSETS, THEY ARE WELL AWARE THAT SUCCESSES IN THAT FIELD MUST BE LEVERAGED TO THE END OF SOLICITING MORE DONATIVE SUPPORT. INDEED, THE BOARD OF TRUSTEES IS WELL SUITED TO SUCH TASK, AS ITS MEMBERS ARE BROADLY REPRESENTATIVE OF THE GENERAL PUBLIC, AND ARE THEMSELVES PERSONS WITH EXPERTISE IN THE HOSPITAL FOUNDATION'S UNDERTAKINGS AND PURPOSES AS WELL AS CAPABLE AND RESPECTED COMMUNITY LEADERS. PERCENTAGE OF SUPPORT AS INDICATED ON PAGE 2 OF SCHEDULE A, THE PUBLIC PERCENTAGE SUPPORT IS IN EXCESS OF 13 PERCENT. THIS CALCULATION INCLUDES INVESTMENT INCOME FROM FUNDS SET ASIDE FOR FUTURE CONSTRUCTION COSTS AND TO SATISFY BOND COMPLIANCE REQUIREMENTS. THESE INVESTMENTS HAVE GROWN IN SIZE, PARTIALLY BECAUSE BUILDING AND EQUIPMENT NEEDS IN THE PAST WERE FUNDED WITH CONTRIBUTIONS AND GRANTS FROM THE GOVERNMENT AND GENERAL PUBLIC AS WELL AS PROCEEDS FROM THE ISSUANCE OF BONDS. THIS HAS ALLOWED INCOME GENERATED FROM OPERATIONS TO BE AVAILABLE FOR INVESTMENT. MONEY FROM OPERATIONS IS NOW USED TO FUND CONSTRUCTION AND EQUIPMENT. THE HOSPITAL FOUNDATION'S MEDICAL CAMPUS GREW INCREMENTALLY OVER THE LAST 40 YEARS AND A CONTINUAL EXPANSION IS EXPECTED. IN 2004, THE HOSPITAL FOUNDATION EMBARKED ON A SERIES OF MAJOR CONSTRUCTION PROJECTS ON AND AROUND THE HOSPITAL CAMPUS ESTIMATED BETWEEN 175 MILLION TO 200 MILLION. BECAUSE OF ITS STRONG CASH AND INVESTMENT POSITION, THE HOSPITAL FOUNDATION WAS ABLE TO TAKE ADVANTAGE OF AN OPPORTUNITY TO BORROW 120 MILLION THROUGH THE ISSUANCE OF TAX-EXEMPT REVENUE BONDS ISSUED BY ALASKA INDUSTRIAL DEVELOPMENT AND EXPORT AUTHORITY. THE PROCEEDS FROM THE BOND ISSUANCE AND THE HOSPITAL FOUNDATION'S INVESTMENTS HAVE BEEN USED TO FINANCE THESE PROJECTS. IN 2009, THE FOUNDATION ISSUED ADDITIONAL BONDS TO ASSIST IN THE FINANCING FOR THE CONSTRUCTION OF THE HARRY AND SALLY PORTER HEART CENTER. IN 2014, THE FOUNDATION BORROWED AN ADDITIONAL 55 MILLION THROUGH THE ISSUANCE OF TAX-EXEMPT REVENUE BONDS ISSUED BY ALASKA INDUSTRIAL DEVELOPMENT AND EXPORT AUTHORITY TO FUND THE CONSTRUCTION OF A NEW SURGERY CENTER. SOURCES OF SUPPORT INCLUDED IN CONTRIBUTIONS ARE MANY DONATIONS FROM THE GENERAL PUBLIC IN SUPPORT OF THE HOSPITAL FOUNDATION'S MEDICAL, LONG-TERM CARE, AND CANCER TREATMENT CENTER FACILITIES AND OPERATIONS. THE GREATER FAIRBANKS COMMUNITY HOSPITAL FOUNDATION OWNS THE ONLY CIVILIAN HOSPITAL IN THE FAIRBANKS NORTH STAR BOROUGH OF ALASKA AND SERVES PEOPLE THROUGHOUT THE FAIRBANKS NORTH STAR BOROUGH, AS WELL AS THE "BUSH AREAS" OF INTERIOR ALASKA. THE CLOSEST FACILITY OF THIS CALIBER IS IN THE ANCHORAGE AREA WHICH IS 360 MILES SOUTH OF FAIRBANKS. THE DONATIONS RECEIVED IN SUPPORT OF THE HOSPITAL FOUNDATION'S MEDICAL CAMPUS GENERALLY ARE FROM PEOPLE AND ORGANIZATIONS LOCATED IN INTERIOR ALASKA. DONATION DRIVES OCCUR REGULARLY TO FUND PARTICULARLY COSTLY ADDITIONS TO THE HOSPITAL FOUNDATION'S MEDICAL CAMPUS OR FOR EXPENSIVE EQUIPMENT, SUCH AS THE RECENT DRIVE TO FUND THE CONSTRUCTION OF THE SURGERY CENTER. PATIENTS LOCATED IN INTERIOR ALASKA NO LONGER HAVE TO TRAVEL TO ANCHORAGE OR THE LOWER 48 WITH CARDIAC ISSUES. THIS PROJECT WAS FUNDED FROM DONATIONS FROM INDIVIDUALS AND LOCAL BUSINESS ENTERPRISES AND FROM PROCEEDS FROM ISSUANCE OF BONDS. DONATIONS ARE ALSO RECEIVED ON AN ON-GOING BASIS FROM INDIVIDUALS AND BUSINESS ENTERPRISES WISHING TO SUPPORT THE HOSPITAL FOUNDATION'S MISSION. GOVERNING BOARD THERE ARE 34 VOLUNTEER MEMBERS OF THE BOARD OF TRUSTEES OF THE HOSPITAL FOUNDATION. TWENTY OF THE TRUSTEES ARE ELECTED AT ANNUAL MEETINGS BY THE MEMBERSHIP FOR STAGGERED THREE-YEAR TERMS. THE PRESIDENT APPOINTS TWO ADDITIONAL TRUSTEES TO ONE-YEAR TERMS, THE HOSPITAL MEDICAL STAFF ELECTS TWO ADDITIONAL TRUSTEES FOR THREE YEAR TERMS, AND THE HOSPITAL OPERATORS EMPLOYEES ELECT ONE ADDITIONAL TRUSTEE FOR A THREE YEAR TERM. A GENERAL MEMBERSHIP TRUSTEE WHO HAS SERVED AS A TRUSTEE FOR AT LEAST TWENTY-FIVE YEARS IS ELIGIBLE TO BECOME AN EMERITUS TRUSTEE. THE TRUSTEES MUST BE MEMBERS OF THE HOSPITAL FOUNDATION. MEMBERSHIP TO THE HOSPITAL FOUNDATION IS 25 PER YEAR OR 1,000 TO BE A LIFETIME MEMBER. ANY INDIVIDUAL INTERESTED IN FOSTERING THE PURPOSES OF THE HOSPITAL FOUNDATION IS ELIGIBLE FOR MEMBERSHIP. EACH MEMBER IN GOOD STANDING IS ELIGIBLE TO VOTE AT THE ANNUAL MEETING. AVAILABILITY OF PUBLIC FACILITIES OR SERVICES THE FACILITIES AND SERVICES OF THE HOSPITAL FOUNDATION'S MEDICAL CAMPUS AND ALL OF ITS RESOURCES ARE AVAILABLE TO ANY MEMBER OF THE GENERAL PUBLIC, REGARDLESS OF WHERE THEY LIVE. THIS INCLUDES CITIZENS OF THE FAIRBANKS NORTH STAR BOROUGH, INDIVIDUALS WHO LIVE IN RURAL ALASKA, AS WELL AS TOURISTS AND VISITORS TO OUR COMMUNITY. PUBLIC PARTICIPATION IN PROGRAMS OR POLICIES THE HOSPITAL FOUNDATION IS A VISIBLE MEMBER OF THE COMMUNITY AND OFFERS ITS MEDICAL FACILITIES FOR USE BY MEDICAL AND HEALTH PROFESSIONALS, AND THE GENERAL PUBLIC FOR INFORMATION AND EDUCATION CAMPAIGNS. THE HOSPITAL FOUNDATION QUALIFIES AS A CHARITABLE ORGANIZATION UNDER ORDINANCES ENACTED BY THE ELECTED OFFICIALS OF OUR LOCAL GOVERNMENT, THE FAIRBANKS NORTH STAR BOROUGH, AND IS THEREFORE EXEMPT FROM LOCAL PROPERTY TAXES. | FactsAndCircumstancesTestTxt |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART II, LINE 10 | GAMING INCOME 29,875 |
| PART II, LINE 17A | STATEMENT FOR PART IV, SCHEDULE A - CONCERNING FACTS AND CIRCUMSTANCES "TEST" COMPLIANCE FOR TAX YEARS 2016 AND 2015, THE HOSPITAL FOUNDATION IS SHY OF HITTING THE AUTOMATIC PUBLIC CHARITY STANDARD OF 33.33 PERCENT UNDER 509(A)(1)/170(B) (1)(A)(VI). IT ACHIEVED (IN ROUNDED NUMBERS) 13 AND 11 PERCENT FOR 2016 AND 2015, RESPECTIVELY. BOTH YEARS' MATHEMATICAL RESULTS REFLECT THE PRESENCE, OVER THEIR RESPECTIVE TEST PERIODS, OF A VARIETY OF FACTORS THAT MAKE IT DIFFICULT FOR THE HOSPITAL FOUNDATION TO ACHIEVE A 33.33 PERCENT OR GREATER RESULT AS NOTED BELOW. THEIR PRESENCE (AND THE PUBLIC SUPPORT TEST PERCENTAGES RESULTING THEREFROM), DOES NOT MEAN THAT THE HOSPITAL FOUNDATION HAS FAILED TO BE SUPPORTED BY THE PUBLIC NOR THAT IT FAILS TO BE RESPONSIVE TO THE NEEDS OF THE WIDER PUBLIC. WITH RESPECT TO MEETING THE "FACTS AND CIRCUMSTANCES TEST" OVERALL, THE HOSPITAL FOUNDATION ALWAYS HAS SOLICITED SUPPORT FROM A LARGE POOL OF INDIVIDUALS AND CORPORATE FUNDERS IN AND REPRESENTATIVE OF THE WIDER COMMUNITY. IT CONTINUALLY WORKS TO ESTABLISH RELATIONSHIPS WITH POTENTIAL NEW CORPORATE AND/OR COMMUNITY "PARTNERS", INCLUDING OTHER 501(C)(3) PUBLIC CHARITIES AND AGENCIES WHOSE WORK OR GOALS ARE IN AFFINITY WITH THOSE OF THE HOSPITAL FOUNDATION. WHILE THE BOARD OF TRUSTEES AND THE HOSPITAL FOUNDATION'S OFFICERS PURSUE AN AMBITIOUS AND DIVERSE STRATEGY OF MAXIMIZING RETURN ON INVESTMENT ASSETS, THEY ARE WELL AWARE THAT SUCCESSES IN THAT FIELD MUST BE LEVERAGED TO THE END OF SOLICITING MORE DONATIVE SUPPORT. INDEED, THE BOARD OF TRUSTEES IS WELL SUITED TO SUCH TASK, AS ITS MEMBERS ARE BROADLY REPRESENTATIVE OF THE GENERAL PUBLIC, AND ARE THEMSELVES PERSONS WITH EXPERTISE IN THE HOSPITAL FOUNDATION'S UNDERTAKINGS AND PURPOSES AS WELL AS CAPABLE AND RESPECTED COMMUNITY LEADERS. PERCENTAGE OF SUPPORT AS INDICATED ON PAGE 2 OF SCHEDULE A, THE PUBLIC PERCENTAGE SUPPORT IS IN EXCESS OF 13 PERCENT. THIS CALCULATION INCLUDES INVESTMENT INCOME FROM FUNDS SET ASIDE FOR FUTURE CONSTRUCTION COSTS AND TO SATISFY BOND COMPLIANCE REQUIREMENTS. THESE INVESTMENTS HAVE GROWN IN SIZE, PARTIALLY BECAUSE BUILDING AND EQUIPMENT NEEDS IN THE PAST WERE FUNDED WITH CONTRIBUTIONS AND GRANTS FROM THE GOVERNMENT AND GENERAL PUBLIC AS WELL AS PROCEEDS FROM THE ISSUANCE OF BONDS. THIS HAS ALLOWED INCOME GENERATED FROM OPERATIONS TO BE AVAILABLE FOR INVESTMENT. MONEY FROM OPERATIONS IS NOW USED TO FUND CONSTRUCTION AND EQUIPMENT. THE HOSPITAL FOUNDATION'S MEDICAL CAMPUS GREW INCREMENTALLY OVER THE LAST 40 YEARS AND A CONTINUAL EXPANSION IS EXPECTED. IN 2004, THE HOSPITAL FOUNDATION EMBARKED ON A SERIES OF MAJOR CONSTRUCTION PROJECTS ON AND AROUND THE HOSPITAL CAMPUS ESTIMATED BETWEEN 175 MILLION TO 200 MILLION. BECAUSE OF ITS STRONG CASH AND INVESTMENT POSITION, THE HOSPITAL FOUNDATION WAS ABLE TO TAKE ADVANTAGE OF AN OPPORTUNITY TO BORROW 120 MILLION THROUGH THE ISSUANCE OF TAX-EXEMPT REVENUE BONDS ISSUED BY ALASKA INDUSTRIAL DEVELOPMENT AND EXPORT AUTHORITY. THE PROCEEDS FROM THE BOND ISSUANCE AND THE HOSPITAL FOUNDATION'S INVESTMENTS HAVE BEEN USED TO FINANCE THESE PROJECTS. IN 2009, THE FOUNDATION ISSUED ADDITIONAL BONDS TO ASSIST IN THE FINANCING FOR THE CONSTRUCTION OF THE HARRY AND SALLY PORTER HEART CENTER. IN 2014, THE FOUNDATION BORROWED AN ADDITIONAL 55 MILLION THROUGH THE ISSUANCE OF TAX-EXEMPT REVENUE BONDS ISSUED BY ALASKA INDUSTRIAL DEVELOPMENT AND EXPORT AUTHORITY TO FUND THE CONSTRUCTION OF A NEW SURGERY CENTER. SOURCES OF SUPPORT INCLUDED IN CONTRIBUTIONS ARE MANY DONATIONS FROM THE GENERAL PUBLIC IN SUPPORT OF THE HOSPITAL FOUNDATION'S MEDICAL, LONG-TERM CARE, AND CANCER TREATMENT CENTER FACILITIES AND OPERATIONS. THE GREATER FAIRBANKS COMMUNITY HOSPITAL FOUNDATION OWNS THE ONLY CIVILIAN HOSPITAL IN THE FAIRBANKS NORTH STAR BOROUGH OF ALASKA AND SERVES PEOPLE THROUGHOUT THE FAIRBANKS NORTH STAR BOROUGH, AS WELL AS THE "BUSH AREAS" OF INTERIOR ALASKA. THE CLOSEST FACILITY OF THIS CALIBER IS IN THE ANCHORAGE AREA WHICH IS 360 MILES SOUTH OF FAIRBANKS. THE DONATIONS RECEIVED IN SUPPORT OF THE HOSPITAL FOUNDATION'S MEDICAL CAMPUS GENERALLY ARE FROM PEOPLE AND ORGANIZATIONS LOCATED IN INTERIOR ALASKA. DONATION DRIVES OCCUR REGULARLY TO FUND PARTICULARLY COSTLY ADDITIONS TO THE HOSPITAL FOUNDATION'S MEDICAL CAMPUS OR FOR EXPENSIVE EQUIPMENT, SUCH AS THE RECENT DRIVE TO FUND THE CONSTRUCTION OF THE SURGERY CENTER. PATIENTS LOCATED IN INTERIOR ALASKA NO LONGER HAVE TO TRAVEL TO ANCHORAGE OR THE LOWER 48 WITH CARDIAC ISSUES. THIS PROJECT WAS FUNDED FROM DONATIONS FROM INDIVIDUALS AND LOCAL BUSINESS ENTERPRISES AND FROM PROCEEDS FROM ISSUANCE OF BONDS. DONATIONS ARE ALSO RECEIVED ON AN ON-GOING BASIS FROM INDIVIDUALS AND BUSINESS ENTERPRISES WISHING TO SUPPORT THE HOSPITAL FOUNDATION'S MISSION. GOVERNING BOARD THERE ARE 34 VOLUNTEER MEMBERS OF THE BOARD OF TRUSTEES OF THE HOSPITAL FOUNDATION. TWENTY OF THE TRUSTEES ARE ELECTED AT ANNUAL MEETINGS BY THE MEMBERSHIP FOR STAGGERED THREE-YEAR TERMS. THE PRESIDENT APPOINTS TWO ADDITIONAL TRUSTEES TO ONE-YEAR TERMS, THE HOSPITAL MEDICAL STAFF ELECTS TWO ADDITIONAL TRUSTEES FOR THREE YEAR TERMS, AND THE HOSPITAL OPERATORS EMPLOYEES ELECT ONE ADDITIONAL TRUSTEE FOR A THREE YEAR TERM. A GENERAL MEMBERSHIP TRUSTEE WHO HAS SERVED AS A TRUSTEE FOR AT LEAST TWENTY-FIVE YEARS IS ELIGIBLE TO BECOME AN EMERITUS TRUSTEE. THE TRUSTEES MUST BE MEMBERS OF THE HOSPITAL FOUNDATION. MEMBERSHIP TO THE HOSPITAL FOUNDATION IS 25 PER YEAR OR 1,000 TO BE A LIFETIME MEMBER. ANY INDIVIDUAL INTERESTED IN FOSTERING THE PURPOSES OF THE HOSPITAL FOUNDATION IS ELIGIBLE FOR MEMBERSHIP. EACH MEMBER IN GOOD STANDING IS ELIGIBLE TO VOTE AT THE ANNUAL MEETING. AVAILABILITY OF PUBLIC FACILITIES OR SERVICES THE FACILITIES AND SERVICES OF THE HOSPITAL FOUNDATION'S MEDICAL CAMPUS AND ALL OF ITS RESOURCES ARE AVAILABLE TO ANY MEMBER OF THE GENERAL PUBLIC, REGARDLESS OF WHERE THEY LIVE. THIS INCLUDES CITIZENS OF THE FAIRBANKS NORTH STAR BOROUGH, INDIVIDUALS WHO LIVE IN RURAL ALASKA, AS WELL AS TOURISTS AND VISITORS TO OUR COMMUNITY. PUBLIC PARTICIPATION IN PROGRAMS OR POLICIES THE HOSPITAL FOUNDATION IS A VISIBLE MEMBER OF THE COMMUNITY AND OFFERS ITS MEDICAL FACILITIES FOR USE BY MEDICAL AND HEALTH PROFESSIONALS, AND THE GENERAL PUBLIC FOR INFORMATION AND EDUCATION CAMPAIGNS. THE HOSPITAL FOUNDATION QUALIFIES AS A CHARITABLE ORGANIZATION UNDER ORDINANCES ENACTED BY THE ELECTED OFFICIALS OF OUR LOCAL GOVERNMENT, THE FAIRBANKS NORTH STAR BOROUGH, AND IS THEREFORE EXEMPT FROM LOCAL PROPERTY TAXES. |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $232,822 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $9,430 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $242,252 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $241,809 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$8,987 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $232,822 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $235,131 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $6,678 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $241,809 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $217,786 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $17,345 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $235,131 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $88,400 | BeginningYearBalanceAmt |
| Contributions | $122,934 | ContributionsAmt |
| Investment Earnings Or Losses | $6,452 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $217,786 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,952,050 | OtherCostOrOtherBasisAmt |
| Book Value | $12,952,050 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $303,136,462 | OtherCostOrOtherBasisAmt |
| Depreciation | $168,929,145 | DepreciationAmt |
| Book Value | $134,207,317 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $106,472,054 | OtherCostOrOtherBasisAmt |
| Depreciation | $79,659,983 | DepreciationAmt |
| Book Value | $26,812,071 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $81,758,619 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,493,636 | DepreciationAmt |
| Book Value | $78,264,983 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $252,236,421 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (7 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| INVESTMENT IN FOUNDATION HEALTH | $44,536,182 |
| TRUST ASSETS - BOND TRUSTEE | $8,205,241 |
| DUE FROM TVMS | $1,293,361 |
| ACCRUED INTEREST RECEIVABLE | $343,694 |
| TRUST ASSETS - BANNER HEALTH | $181,345 |
| TRUST ASSETS - ALASKA COMM FOUND | $153,851 |
| TENANTS ALLOWANCE | $116,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $54,829,674 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INTEREST RATE SWAP DERIVATIVE | Desc |
| Amt | $9,906,715 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $9,906,715 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $65,437,312 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $4,869,931 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $1,645,389 | OtherRevenueAmt |
| Revenue Not Reported | $6,515,320 | RevenueNotReportedAmt |
| Revenue Subtotal | $58,921,992 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $58,921,992 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $34,029,644 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $101,826 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $101,826 | ExpensesNotReportedAmt |
| Expenses Subtotal | $33,927,818 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $33,927,818 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 2, PART V, LINE 4 | THE PRINCIPAL OF THE ENDOWMENT FUNDS IS PERMANENTLY RESTRICTED AND THE INCOME IS TO BE USED FOR OPERATIONS. |
| SCHEDULE D, PAGE 3, PART X | THE FOUNDATION IS EXEMPT FROM INCOME TAXES AS A NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT A PRIVATE FOUNDATION. FASB ASC 740 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REQUIRES THE FOUNDATION TO RECOGNIZE A LIABILITY FOR UNCERTAIN TAX POSITIONS WHERE A LIABILITY WOULD MORE LIKELY THAN NOT BE ASSESSED BY A TAXING AUTHORITY. RECOGNITION OF A LIABILITY, IF ANY, IS SUBJECT TO ESTIMATION AND MANAGEMENT JUDGMENT. NO LIABILITIES HAVE BEEN RECOGNIZED IN THE 2016 FINANCIAL STATEMENTS. |
| SCHEDULE D, PAGE 4, PART XI, LINE 2D | GAIN (LOSS) FROM CHANGE IN FAIR VALUE DERIVATIVE 1,534,133 GAIN ON ALASKA COMMUNITY FOUNDATION 9,430 EVENT EXPENSES 101,455 DIRECT GAMING EXPENSES 371 |
| SCHEDULE D, PAGE 4, PART XII, LINE 2D | EVENT EXPENSES 101,455 DIRECT GAMING EXPENSES 371 |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | FIDDLE FEST | Event1Nm |
| Gross Receipts Event1 | $97,353 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $86,200 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $11,153 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $2,055 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $2,263 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $27,500 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $38,723 | OtherDirectExpensesEvent1Amt |
| Event2 | PLANT SALE | Event2Nm |
| Gross Receipts Event2 | $25,345 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $1,796 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $23,549 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $2,802 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 2 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $41,427 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $21,712 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $19,715 | GrossRevenueOtherEventsAmt |
| Food And Beverage Other Events | $5,354 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $2,200 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $15,298 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $164,125 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $109,708 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $54,417 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $2,055 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $7,617 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $29,700 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $56,823 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $96,195 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$41,778 | NetIncomeSummaryAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | AK | StatesWhereGamingConductedCd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BANNER MEDICAL-TANANA VALLEY CLIN | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 NOBLE STREET | AddressLine1Txt |
| City | FAIRBANKS | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 99701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 900532830 | RecipientEIN |
| IRC Section | 3 | IRCSectionDesc |
| Cash Grant | $13,000 | CashGrantAmt |
| Purpose Of Grant | ON CALL COVERAGE | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (4 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| TUITION REIMBURSEMENT | 3 | $8,053 |
| STIPENDS | 8 | $44,000 |
| PHYSICIAN SIGNING BONUS | 1 | $20,000 |
| INCOME GUARANTEE | 1 | $40,567 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE I, PAGE 1, PART I, LINE 2 | GRANT FUNDS ARE BASED ON REIMBURSEMENTS OF ACTUAL EXPENSES. AMOUNTS ARE PAID UPON RECEIPT OF INVOICES. |
| SCHEDULE I, PAGE 4, PART IV | PART II, LINE 1: ASSISTANCE PROVIDED TO TANANA VALLEY CLINIC IS REIMBURSEMENT FOR ON CALL COVERAGE. PART III, LINE 1: TUITION REIMBURSEMENT - IN ORDER TO ENCOURAGE QUALITY HEALTH CARE, THE FOUNDATION PROVIDED TUITION REIMBURSEMENT TO LOCAL EMPLOYEES AT FAIRBANKS MEMORIAL HOSPITAL. THE EMPLOYEES ARE APPROVED PER BANNER HEALTH POLICIES. ONCE THEY ARE APPROVED, THEY SUBMIT A REIMBURSEMENT REQUEST FORM WITH SUPPORTING DOCUMENTATION TO THE FOUNDATION. THE FORM IS SIGNED BY THE EMPLOYEE AND HIS/HER IMMEDIATE SUPERVISOR. THE REQUEST IS APPROVED BY THE FOUNDATION'S EXECUTIVE DIRECTOR PRIOR TO BEING PAID. PART III, LINE 2: STIPENDS ARE OFFERED TO A LIMITED NUMBER OF MEDICAL STUDENTS TO ASSIST IN HOUSING COSTS. PART III, LINE 3: PHYSICIAN SIGNING BONUS IS TO PROMOTE PHYSICIAN RECRUITMENT. PART III, LINE 4: INCOME GUARANTEE TO PROMOTE PHYSICIAN RECRUITMENT. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| AIDEA | ||||||||
| A | 926001185 | 011903DK4 | 2009-04-01 | $90,088,688 | REFUND PRIOR ISSUE DATED 10/24/04 | false | false | false |
| AIDEA | ||||||||
| B | 926001185 | 011903DL2 | 2009-11-05 | $29,120,762 | REFUND PRIOR ISSUE DATED 10/24/04 AND CONSTRUCTION | false | false | false |
| AIDEA | ||||||||
| C | 926001185 | 011903EX5 | 2014-04-03 | $54,892,789 | FUND HOSPITAL PROJECTS | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Other Spent ProceedsOtherSpentProceedsAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Capital ExpendituresCapitalExpendituresAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $3,015,000 | $90,088,688 | $2,858,000 | $1,239,608 | $671,925 | $85,319,155 | 2006 | Yes (true) | false | Yes (true) | Yes (true) | |
| B | $1,305,000 | $29,120,762 | $1,244,500 | $582,415 | $50,660 | $18,649,225 | 2010 | Yes (true) | false | Yes (true) | Yes (true) | $8,593,962 |
| C | $1,645,000 | $54,983,686 | $4,024,325 | $866,060 | 2016 | false | false | Yes (true) | Yes (true) | $50,093,301 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | false | false | false | false | false | false | Yes (true) |
| B | false | false | false | false | false | false | Yes (true) |
| C | false | false | false | false | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1Txt | Term Of GICTermOfGICPct | Regulatory Safe Harbor StsfdRegulatorySafeHarborStsfdInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CITIGROUP | |||||||||||||||
| A | false | false | false | Yes (true) | Yes (true) | Yes (true) | 18.000000000000 | false | false | Yes (true) | CITIGROUP | 18.000000000000 | Yes (true) | false | false |
| CITIGROUP | |||||||||||||||
| B | false | false | false | Yes (true) | Yes (true) | Yes (true) | 18.000000000000 | false | false | false | false | false | |||
| (no name) | |||||||||||||||
| C | false | Yes (true) | false | false | false | false | false | false | false | ||||||
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | false |
| B | false |
| C | false |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE K - DATE REBATE COMPUTATION PERFORMED | AIDEA 06/23/14 AIDEA 06/23/14 |
| SCHEDULE K - ADDITIONAL INFORMATION | AIDEA SCHEDULE K, PART II, LINE 3. C - TOTAL PROCEEDS OF ISSUE ORIGINAL PROCEEDS OF ISSUE 54,892,789 INTEREST EARNED ON PROCEEDS 90,897 TOTAL PROCEEDS FROM ISSUE 54,983,686 |
Schedule M IRS990ScheduleM
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | EQUIPMENT | 1 | $44,307 | FAIR MARKET VALUE |
| Yes (X) | CONSTRUCTION | 1 | $35,600 | FAIR MARKET VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE GREATER FAIRBANKS COMMUNITY HOSPITAL FOUNDATION WAS ESTABLISHED TO ENSURE THAT WE NEVER AGAIN FACE THE PROSPECT OF A COMMUNITY WITHOUT HEALTH CARE BY: 1) PROVIDING OUTSTANDING MEDICAL FACILITIES AND TECHNOLOGY 2) OVERSEEING AN EXCELLENT OPERATOR 3) CREATING AN ENVIRONMENT THAT ATTRACTS QUALITY, CARING PHYSICIANS WHO WISH TO BE A PART OF THE COMMUNITY, AND 4) CREATING PARTNERSHIPS TO DELIVER QUALITY CARE. |
| FORM 990 | PART IX, LINE 11G - FEES FOR SERVICES - OTHER PROFESSIONAL FEES 324,012 COMPENSATION OF CURRENT OFFICERS 303,401 OTHER SALARIES AND WAGES 262,637 OTHER EMPLOYEE BENEFITS 60,728 PAYROLL TAXES 32,783 TOTAL FEES FOR SERVICES - OTHER 983,561 |
| FORM 990, PART V | PART V, LINE 2A & PART VII, SECTION A THE FOUNDATION "EMPLOYEE" PAYROLL OCCURS THROUGH BANNER HEALTH, AN UNRELATED ORGANIZATION WHO LEASES ITS EMPLOYEES TO THE FOUNDATION. THE FOUNDATION REIMBURSES BANNER ON A MONTHLY BASIS FOR ALL OF ITS PAYROLL COSTS RELATED TO THE INDIVIDUALS WHO PROVIDE SERVICES TO THE FOUNDATION. |
| FORM 990, PAGE 6, PART VI, LINE 6 | THE FOUNDATION HAS FOUR CLASSES OF MEMBERS, AND MEMBERSHIP IS ON AN ANNUAL BASIS. THE DESIGNATION OF SUCH CLASSES AND THE QUALIFICATIONS OF THE MEMBERS OF SUCH CLASSES ARE AS FOLLOWS: A) GENERAL MEMBERSHIP. ANY INDIVIDUAL WHO IS A RESIDENT OF ALASKA AND WHO IS NOT A MEMBER OF THE CLASSES SET FORTH IN (B)-(C) IS ELIGIBLE FOR A GENERAL MEMBERSHIPS IN THE FOUNDATION. (B) FACILITY MEMBERSHIP. ANY INDIVIDUAL, WHO IS AN EMPLOYEE OF BANNER HEALTH, AND OR ITS SUBSIDIARIES OR AFFILIATED COMPANIES, IS ELIGIBLE FOR A FACILITY MEMBERSHIP IN THE FOUNDATION. (C) MEDICAL STAFF MEMBERSHIP. ANY INDIVIDUAL WHO IS A CREDENTIALED MEMBER OR AFFILIATE OF THE MEDICAL STAFF OF THE FACILITIES OWNED BY THE FOUNDATION AND WHO IS NOT ELIGIBLE FOR A FACILITY MEMBERSHIP SHALL BE ELIGIBLE FOR A MEDICAL STAFF MEMBERSHIP IN THE FOUNDATION. (D) ASSOCIATED MEMBERSHIP. ANY PERSON NOT ELIGIBLE FOR MEMBERSHIP IN THE FOUNDATION UNDER (A)-(C) ABOVE IS ELIGIBLE FOR AN ASSOCIATE MEMBERSHIP IN THE FOUNDATION. ASSOCIATE MEMBERSHIP MEMBERS MAY INCLUDE CORPORATIONS, UNINCORPORATED ASSOCIATIONS, OR OTHER ENTITIES. ASSOCIATE MEMBERS DO NOT HAVE ANY RIGHTS OF GENERAL MEMBERSHIP. |
| FORM 990, PAGE 6, PART VI, LINE 7A | EACH CLASS MEMBER IN GOOD STANDING SHALL BE ENTITLED TO ONE VOTE ON EACH MATTER SUBMITTED TO A VOTE FOR THE CLASS, EXCEPT THAT ASSOCIATE MEMBERS HAVE NO VOTING RIGHTS OF ANY KIND WITH RESPECT TO THE FOUNDATION. AN ANNUAL MEETING OF THE MEMBERS SHALL BE HELD IN MAY OF EACH YEAR FOR THE PURPOSE OF THE ELECTION OF TRUSTEES OF THE FOUNDATION, THE REVIEW OF ANNUAL REPORTS, AND A DISCUSSION OF FOUNDATION BUSINESS AND ACTIVITES. THE AFFAIRS OF THE FOUNDATION SHALL BE MANAGED SOLELY BY ITS BOARD OF TRUSTEES. TRUSTEES MUST BE RESIDENTS OF THE STATE OF ALASKA. THE GENERAL MEMBERSHIP SHALL ELECT TWENTY TRUSTEES FROM THE CLASS OF GENERAL MEMBERS TO SERVE FOR THREE YEAR TERMS. ONE TRUSTEE SHALL BE ELECTED ON BEHALF OF THE FACILITY MEMBERSHIP. THE MEDICAL STAFF SHALL ELECT TWO TRUSTEES FROM THE MEDICAL STAFF. THE PRESIDENT SHALL APPOINT TWO INDIVIDUALS TO SERVE AS TRUSTEES FOR ONE YEAR TERMS. A GENERAL MEMBERSHIP TRUSTEE WHO HAS SERVED AS A TRUSTEE FOR AT LEAST TWENTY-FIVE YEARS SHALL BECOME AN EMERITUS TRUSTEE. AN EMERITUS TRUSTEE SHALL BE A LIFELONG TRUSTEE WITH ALL RIGHTS AND PRIVILEGES OF A GENERAL MEMBERSHIP TRUSTEE, INCLUDING BUT NOT LIMITED TO VOTING RIGHTS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | A COPY OF THE FORM 990 IS SENT VIA EMAIL TO THE FINANCE COMMITTEE. |
| FORM 990, PAGE 6, PART VI, LINE 12C | EACH TRUSTEE AND MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS IS REQUIRED ON AN ANNUAL BASIS TO SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: A) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; B) HAS READ AND UNDERSTANDS THE POLICY; C) HAS AGREED TO COMPLY WITH THE POLICY; D) HAS DISCLOSED ALL KNOWN ACTUAL AND POSSIBLE CONFLICTS OF INTEREST INVOLVING SUCH PERSON AND HIS/HER FAMILY; AND E) UNDERSTANDS THAT THE FOUNDATION IS A TAX-EXEMPT CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. TO ENSURE THAT THE FOUNDATION OPERATES IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS ARE REQUIRED TO BE CONDUCTED. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE EXECUTIVE COMMITTEE VOTED TO RETAIN THE EXECUTIVE DIRECTOR/GENERAL COUNSEL ON THE TERMS OF THE EMPLOYMENT AGREEMENT PROPOSED BY THE HIRING COMMITTEE IN 2007. THE COMPENSATION WAS SET WITHIN THE PERMISSIBLE RANGES PER THE BANNER HEALTH COMPENSATION AND BENEFITS DEPARTMENT. THESE RANGES ARE ESTABLISHED AND PERIODICALLY REVIEWED BY THE COMPENSATION COMMITTEE OF BANNER HEALTH. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE FINANCE COMMITTEE VOTED TO HIRE THE CHIEF FINANCIAL OFFICER IN 2013. THE COMPENSATION WAS SET WITHIN THE PERMISSIBLE RANGES PER THE BANNER HEALTH COMPENSATION AND BENEFITS DEPARTMENT. THESE RANGES ARE ESTABLISHED AND PERIODICALLY REVIEWED BY THE COMPENSATION COMMITTEE OF BANNER HEALTH. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE FINANCIAL STATEMENTS ARE AVAILABLE AT THE FOUNDATION'S ANNUAL MEETING. THE FINANCIAL STATEMENTS, ALONG WITH GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY, ARE ALSO AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS CAN BE ACCESSED VIA THE WEBSITE FOR ELECTRONIC MUNICIPAL MARKET ACCESS HTTP://EMMA.MSRB.ORG. |
| FORM 990, PART XI, LINE 9 | GAIN FROM CHANGE IN FAIR VALUE DERIVATIVE 1,534,133 GAIN ON ALASKA COMMUNITY FOUNDATION 9,430 TOTAL 1,543,563 |
Comments