Virginia Gay Hospital Health Care Foundation

EIN: 421391891 501(c)(3)

Vinton, IA

Total Revenue
$251,702
Total Expenses
$218,718
Total Assets
$1,730,833
Net Assets
$1,559,321
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
IA
Principal Officer
Barry Dietsch
Phone
3194726255
Tax Period
2024-07-01 to 2025-06-30

Virginia Gay Hospital Health Care Foundation, founded in 1991, is a small nonprofit that reported $252K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $219K left a modest 13% surplus.

Mission

The mission of the Virginia Gay Hospital Health Care Foundation is the continuation of health and medical care to people of the Virginia Gay Hospital service area. Our concern for humanity is demonstrated by a commitment to obtain and distribute funds through the Virginia Gay Hospital Health Care Foundation that will promote, maintain and restore the health of the individuals it serves.

Program Service Accomplishments

Program 1
Expenses: $218,718

The Virginia Gay Hospital Health Care Foundation acquires and administers charitable gifts for the benefit of Virginia Gay Hospital and Clinics.Continued on Schedule OThe annual Tree of Lights...

Read more

The Virginia Gay Hospital Health Care Foundation acquires and administers charitable gifts for the benefit of Virginia Gay Hospital and Clinics.Continued on Schedule OThe annual Tree of Lights campaign is our primary fundraiser. The Foundation uses the funds it raises and receives to purchase state-of-the-art equipment, enhance facilities and develop special programs to help Virginia Gay Hospital and Clinics remain in the forefront of medical care. The goal of the Foundation is to bring an ever-increasing quality of healthcare to the community. This past year, the Tree of Lights campaign raised $150,144 to support the purchase of Respiratory Therapy items - Glide Scope Go 2 Monitor, Nonin PalmSat Pulse Oximeters, EKG Cart, Nursing & Rehab Bariatric Beds and Bariatric Wheelchair, Acute Care televisions, Stryker Cub Crib, Therapy Ipads for geolocation, Environmental Services delivery vehicle, Administration sound system and video conferencing system, Clinics blood pressure cuffs and Quality Baby Anns for CPR Training. The Party in Pink 5K and Gifts of Hope Walking Challenge are fundraisers to support the Virginia Gay Hospital Gifts of Hope program. Gifts of Hope supports women's health providing access of care for mammography and women's health checks. If a person is diagnosed with breast cancer, they may access $2,500 to pay for medical expenses, no application required. Medical bills are presented for payment. These events raised $11,479 in fiscal year 2025.Reach Out and Read is a program in the Virginia Gay Clinics supporting childhood literacy. At each well child check, a provider will present the child with a free book and interact with the child on reading or looking through the pages. By the time the child is in school they will have a library of approximately 15 books. The program encourages parents to read with their children at home. Approximately 500 books are distributed each year. For fiscal year 2025, the Foundation raised $1,895 for this program.Benton County Community Health and Wellness Fair is provided through the efforts of Virginia Hospital Health Care Foundation each year. The Foundation organizes an event that highlights approximately 60 vendors providing awareness in areas of mental wellness, food and nutrition, financial literacy, access to medical care, emergency preparedness, early childhood education and health care access, insurance, arts and much more. Sponsorships of $1,650 were received during the tax year to support this event.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $172,073
Program Service Revenue $0
Investment Income $79,226
Other Revenue $403
TOTAL REVENUE $251,702

Expense Breakdown

Grants Paid $192,558
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $218,718
Other Expenses $26,160
TOTAL EXPENSES $218,718

Year-over-Year Comparison

2024 2023 Change
Revenue $251,702 $288,016 -0.1%
Expenses $218,718 $182,329 +0.2%
Net Income $32,984 $105,687 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
120

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Donald Logan Chair 0.50
Officer Director
$0 $0 $0
Linda Siela Vice Chair 0.30
Officer Director
$0 $0 $0
Mike LaGrange Secretary 0.30
Officer Director
$0 $0 $0
Shelley Mossman Treasurer 0.30
Officer Director
$0 $0 $0
Chris Schanbacher Director 0.30
Director
$0 $0 $0
Pam Keel ARNP Director 0.30
Director
$0 $0 $0
Janet Woodhouse Director 0.30
Director
$0 $0 $0
Bill Ervin Director 0.30
Director
$0 $0 $0
Lisa Vogt Director 0.30
Director
$0 $0 $0
Marleen Patterson Director 0.30
Director
$0 $0 $0
Denise Wiley Director 0.30
Director
$0 $0 $0
Therese Foth Director (Thru Oct 2024) 0.30
Director
$0 $0 $0
Tina Eden CEO VGH (As of Apr 2025) 2.00
Officer
$0 $0 $0
Barry Dietsch CFO VGH 2.00
Officer
$0 $0 $0
Euan MacGregor CEO VGH (Thru Aug 2024) 2.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $251,702 $218,718 $1,730,833 $32,984
2024 No data No data No data No data
2023 $213,476 $181,088 $1,398,668 $32,388
2022 $200,807 $121,764 $1,200,321 $79,043
2021 $307,013 $280,880 $1,292,934 $26,133
2020 $151,098 $163,929 $1,267,700 $-12,831
2019 $16,468 $290,690 $1,279,553 $-274,222
2018 $759,644 $232,722 $1,552,883 $526,922
Explore More Nonprofits
Top 100 Nonprofits in Iowa Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Virginia Gay Hospital Health Care Foundation with other nonprofits in Iowa and across the country.