CASS COUNTY MEMORIAL HOSPITAL FOUNDATION

EIN: 426122260 501(c)(3)

ATLANTIC, IA

Total Revenue
$693,884
Total Expenses
$191,676
Total Assets
$1,958,834
Net Assets
$1,958,834
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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
IA
Principal Officer
KOLTON HEWLETT
Phone
7122433250
Tax Period
2025-01-01 to 2025-12-31

CASS COUNTY MEMORIAL HOSPITAL FOUNDATION, founded in 1968, is a small nonprofit that reported $694K in total revenue in fiscal year 2025. Revenue surged 454% from the prior year, signaling strong growth momentum. The organization ran a surplus of $502K, a strong 72% operating margin.

Mission

TO PROVIDE FUNDING TO CASS COUNTY MEMORIAL HOSPITAL FOR EQUIPMENT, EDUCATION, SERVICE AND FACILITY NEEDS.

Program Service Accomplishments

Program 1
Expenses: $100,000

THE FOUNDATION PROVIDES FINANCIAL SUPPORT TO CASS COUNTY MEMORIAL HOSPITAL (CASS HEALTH), A CRITICAL ACCESS HOSPITAL SERVING CASS COUNTY AND SURROUNDING RURAL COMMUNITIES IN SOUTHWEST IOWA. FUNDS...

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THE FOUNDATION PROVIDES FINANCIAL SUPPORT TO CASS COUNTY MEMORIAL HOSPITAL (CASS HEALTH), A CRITICAL ACCESS HOSPITAL SERVING CASS COUNTY AND SURROUNDING RURAL COMMUNITIES IN SOUTHWEST IOWA. FUNDS RAISED THROUGH DONATIONS, GRANTS, AND FUNDRAISING ACTIVITIES ARE USED TO SUPPORT HOSPITAL PROGRAMS, PATIENT CARE SERVICES, AND CLINICAL INITIATIVES THAT ENHANCE ACCESS TO HEALTHCARE LOCALLY. DURING THE YEAR, THE FOUNDATION PROVIDED FINANCIAL SUPPORT FOR HOSPITAL PROGRAMS AND EQUIPMENT TO IMPROVE THE QUALITY AND AVAILABILITY OF HEALTHCARE SERVICES. THESE CONTRIBUTIONS HELP ENSURE THAT RESIDENTS IN RURAL COMMUNITIES HAVE ACCESS TO ESSENTIAL MEDICAL SERVICES CLOSE TO HOME WITHOUT THE NEED TO TRAVEL LONG DISTANCES FOR CARE.

Program 2
Expenses: $54,428

THE FOUNDATION SUPPORTS PROGRAMS AND INITIATIVES THAT ENHANCE THE HEALTH AND WELLBEING OF THE COMMUNITY AND STRENGTHEN THE LOCAL HEALTHCARE WORKFORCE. THESE ACTIVITIES INCLUDE SCHOLARSHIPS FOR...

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THE FOUNDATION SUPPORTS PROGRAMS AND INITIATIVES THAT ENHANCE THE HEALTH AND WELLBEING OF THE COMMUNITY AND STRENGTHEN THE LOCAL HEALTHCARE WORKFORCE. THESE ACTIVITIES INCLUDE SCHOLARSHIPS FOR STUDENTS PURSUING HEALTHCARE CAREERS AND FUNDING FOR COMMUNITY HEALTH INITIATIVES AND THERAPEUTIC SPACES THAT BENEFIT PATIENTS, FAMILIES, AND STAFF. DURING THE YEAR, THE FOUNDATION PROVIDED SCHOLARSHIPS AND SUPPORTED PROJECTS SUCH AS THE HEALING GARDEN AND OTHER HEALTH-RELATED INITIATIVES DESIGNED TO PROMOTE WELLNESS, HEALING, AND COMMUNITY ENGAGEMENT WITH CASS HEALTH.

Program 3
Expenses: $16,703

THE FOUNDATION ALSO ADMINISTERS AND SUPPORTS SEVERAL COMMUNITY-BASED PROGRAMS AND CHARITABLE INITIATIVES IN PARTNERSHIP WITH CASS HEALTH AND LOCAL ORGANIZATIONS. THESE INCLUDE PROGRAMS SUCH AS...

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THE FOUNDATION ALSO ADMINISTERS AND SUPPORTS SEVERAL COMMUNITY-BASED PROGRAMS AND CHARITABLE INITIATIVES IN PARTNERSHIP WITH CASS HEALTH AND LOCAL ORGANIZATIONS. THESE INCLUDE PROGRAMS SUCH AS ADOPT-A-FAMILY, CASS HEALTH JEANS DAYS CHARITABLE INITIATIVES, THE NURSE HONOR GUARD, AND HOPE SQUAD. THROUGH THESE EFFORTS, THE FOUNDATION HELPS COORDINATE AND DISTRIBUTE CHARITABLE CONTRIBUTIONS THAT SUPPORT FAMILIES IN NEED, RECOGNIZE HEALTHCARE PROFESSIONALS, AND PROMOTE COMMUNITY HEALTH AND WELLBEING.

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Trantor Score

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

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $657,304
Program Service Revenue $0
Investment Income $47,761
Other Revenue $-11,181
TOTAL REVENUE $693,884

Expense Breakdown

Grants Paid $143,393
Salaries & Benefits $0
Fundraising Expenses $17,229
Program Expenses $171,131
Other Expenses $48,283
TOTAL EXPENSES $191,676

Year-over-Year Comparison

2025 2024 Change
Revenue $693,884 $125,350 +4.5%
Expenses $191,676 $181,621 +0.1%
Net Income $502,208 $-56,271 -9.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
30

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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRIS WERNIMONT BOARD PRESIDENT 1.00
Officer Director
$0 $0 $0
JO ANN POEPPE BOARD VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
LORILYN SCHULTES BOARD SECRETARY 1.00
Officer Director
$0 $0 $0
LUCAS MOSIER BOARD TREASURER 1.00
Officer Director
$0 $0 $0
JODY LORENCE DIRECTOR 1.00
Director
$0 $0 $0
NICK HUNT DIRECTOR 1.00
Director
$0 $0 $0
BRAD HENNINGSEN DIRECTOR 1.00
Director
$0 $0 $0
KENNEDY FREUND DIRECTOR 1.00
Director
$0 $0 $0
BEN RUSH DIRECTOR 1.00
Director
$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 $693,884 $191,676 $1,958,834 $502,208
2024 $125,350 $181,621 $1,335,020 $-56,271
2023 $110,586 $125,222 $1,223,139 $-14,636
2022 $402,070 $135,330 $1,148,388 $266,740
2021 $152,101 $243,717 $979,555 $-91,616
2020 $184,504 $155,666 $916,744 $28,838
2019 $193,072 $161,664 $821,292 $31,408
2018 $226,842 $352,847 $673,106 $-126,005
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