2024-11-15T08:59:17+00:00 2023-12-31 440160260 Forvis Mazars LLP 1551 N Waterfront Pkwy Ste 300 Wichita KS 672066601 990 2023-01-01 460865487 ASPEN VALLEY HOSPITAL FOUNDATION ASPE 9705441302 0401 CASTLE CREEK ROAD ASPEN CO 81611 DAVID RESSLER CEO 2024-11-15 true Michael Engle P00482834 3162652811 2024-11-15 2023 2024-10-15 13:58:12Z DIANA BULMAN 0401 CASTLE CREEK ROAD ASPEN CO 81611 7219795 false X WWW.SUPPORTASPENVALLEYHOSPITAL.ORG X 2012 CO TO RAISE AND MANAGE PHILANTHROPIC SUPPORT FOR THE CURRENT AND FUTURE NEEDS OF ASPEN VALLEY HOSPITAL. 16 14 0 14 0 0 9868133 6901422 0 0 5229 118423 -228729 -176732 9644633 6843113 2917326 3149229 0 0 555604 1013679 0 0 1265172 580351 650221 4053281 4813129 5591352 2029984 8359487 10158221 608668 608668 7750819 9549553 TO RAISE AND MANAGE PHILANTHROPIC SUPPORT FOR THE CURRENT AND FUTURE NEEDS OF ASPEN VALLEY HOSPITAL. false false 3149229 3149229 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, IN EXCESS OF THE ANNUAL DONATIONS RECEIVED IN THE CURRENT YEAR. THE GRANTS ARE PAID THROUGH CURRENT DONATIONS, PRIOR YEAR PLEDGE PAYMENTS, AND FROM CASH CARRIED OVER FROM PRIOR YEAR DONATIONS. 3149229 true true false false false false false false false false false false false true false false true false false false false false false true false false true false true false false false false false false false false true false false false false true false true false true X 0 0 0 false false false false false true true false false false false false false X 16 14 true false false false true true true true true false false false true true true true true true true false CA CO DE FL 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 ERNIE FYRWALD DIRECTOR/VICE CHAIRMAN 5.0 0.0 X X 0 0 0 GINETTE SEBENALER DIRECTOR/TREASURER 5.0 35.0 X X 0 402685 130355 JOAN GURRENTZ DIRECTOR/SECRETARY 5.0 0.0 X X 0 0 0 JOHN SARPA DIRECTOR/CHAIRMAN 5.0 0.0 X X 0 0 0 CARI KULHMAN DIRECTOR 5.0 0.0 X 0 0 0 COLEY CASSIDY 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 667923 207193 GREG BALKO MD DIRECTOR 5.0 5.0 X 0 0 0 JUSTIN DOUGLAS 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 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 SUZANNE CAIN DIRECTOR 5.0 0.0 X 0 0 0 DIANA BULMAN PRESIDENT 40.0 0.0 X 307915 0 92219 307915 1070608 429767 1 false true false 0 676951 1780250 4444221 37384 6901422 0 0 0 0 0 118423 118423 0 0 0 0 199950 676951 376682 -176732 -176732 0 0 0 0 0 6843113 0 0 -58309 3149229 3149229 0 0 400134 40013 360121 418133 125440 292693 57362 12580 44782 127202 32994 94208 10848 2362 8486 41362 41362 19509 19509 3250 3250 159944 0 4538 155406 49408 22299 27109 30401 15840 14561 39825 39825 5328 4794 534 2262 2262 11676 11676 PROVISION FOR UNCOLLECTIBLE PLEDGES 241805 241805 DUES AND SUBSCRIPTIONS 19165 19165 DONOR RECOGNITION 832 832 25454 0 819 24635 4813129 3149229 398728 1265172 4256587 994826 0 3909969 3978150 5159157 119644 68850 0 0 0 0 5106 25419 0 0 0 0 0 0 0 0 8359487 10158221 0 0 608668 608668 608668 608668 X 7750819 9549553 7750819 9549553 8359487 10158221 X 2029984 -231250 X false true X true false X 3626111 5270610 13667644 9868133 6901422 39333920 0 0 3626111 5270610 13667644 9868133 6901422 39333920 4326096 35007825 0 515 2828 5229 118423 126995 0 0 0 0 0 0 0 39460915 646512 0.8872 0.9414 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED DUE TO ASPEN VALLEY HOSPITAL 608668 608668 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. SUMMER POLO BENEFIT 876901 676951 199950 143848 49438 109226 74170 0 0 876901 676951 199950 143848 49438 109226 74170 376682 -176732 true ASPEN VALLEY HOSPITAL DISTRICT 0401 CASTLE CREEK ROAD ASPEN CO 81611 840720309 GOVERNMENT 3149229 OPERATION & CAPITAL SUPPORT 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. ALL GRANTS REFLECTED (FORM 990, PART I, LINE 8) ARE MADE SOLELY TO ASPEN VALLEY HOSPITAL DISTRICT AND ARE REPORTED AS EXPENSES ON FORM 990, PART I, LINE 13. ASPEN VALLEY HOSPITAL FOUNDATION'S GRANTS PAID EXCEED CONTRIBUTIONS RAISED AS EXPLAINED ON FORM 990, PART III, LINE 4A. ADDITIONALLY, THIS FOUNDATION LAUNCHED A $60 MILLION CAPITAL CAMPAIGN IN 2013 AND THE CONTRIBUTIONS ON FORM 990, SCH A, PART II, SECTION B, LINE 4 REFLECT SEVERAL MAJOR LEAD GIFTS INTO THE CAMPAIGN IN 2014 AND 2015 WITH SUBSEQUENT YEARS REFLECTING ON-GOING PROGRESS. THE $60 MILLION CAPITAL CAMPAIGN WAS COMPLETED IN JANUARY 2024. false false false false false false false false false GINETTE SEBENALER DIRECTOR/TREASURER 0 352650 0 50035 0 0 0 94778 0 35577 0 533040 0 0 DAVID RESSLER DIRECTOR 0 532199 0 135724 0 0 0 168419 0 38774 0 875116 0 0 DIANA BULMAN PRESIDENT 302357 0 5558 0 0 0 77138 0 15081 0 400134 0 0 0 Schedule J, Part I, Line 3 PROCESS USED TO ESTABLISH COMPENSATION COMPENSATION FOR DAVID RESSLER, GINETTE SEBENALER, AND DIANA BULMAN 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. X 2 37384 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - NUMBER OF CONTRIBUTIONS 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 MEMBER. Form 990, Part VI, Line 2 BUSINESS RELATIONSHIPS DAVID RESSLER, GINETTE SEBENALER, DIANA BULMAN, GREG BALKO, AND LEE SCHUMACHER HAVE AN EMPLOYER AND EMPLOYEE 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. HER PERFORMANCE IS REVIEWED ANNUALLY AND HER COMPENSATION IS DETERMINED BASED ON HER POSITION AS CHIEF FINANCIAL OFFICER OF ASPEN VALLEY HOSPITAL, NOT AS TREASURER OF ASPEN VALLEY HOSPITAL FOUNDATION. HER ANNUAL REVIEW IS DETERMINED BASED ON HER 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. Form 990, Part XI, Line 9 Other changes in net assets or fund balances UNCOLLECTIBLE PLEDGES - -231250; 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 3149229 BOOK ASPEN VALLEY HOSPITAL DISTRICT C 1780250 BOOK ASPEN VALLEY HOSPITAL DISTRICT O 1808290 BOOK