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Nonprofit · EIN 27-5079693

LAKES REGIONAL HEALTHCARE FOUNDATION

Tax-exempt · SPIRIT LAKE, IA 51360

Financials

$105K$108K2022$204K$74K2023$580K$90K2024
Revenue Expenses · by fiscal year end
Financials of LAKES REGIONAL HEALTHCARE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$579,605$89,859$489,746$1,736,729$0$1,736,729
June 30, 2024990$203,968$73,772$130,196$1,172,687$0$1,172,687
June 30, 2023990$105,459$107,748-$2,289$969,743$0$969,743
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$420,432
Program service revenue
$0
Investment income
$70,265
Net gain from sales of assets
$62,220
Net income from fundraising events
$88,908
Other revenue
$88,908

Expenses

Grants and similar amounts paid
$33,384
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$80,144
Management and general (functional)
$9,715

Balance sheet and other

Total assets, start of year
$1,172,687
Total assets, end of year
$1,736,729
Total liabilities, end of year
$0
Net assets, end of year
$1,736,729
Net assets without donor restrictions
$620,908
Net assets with donor restrictions
$1,115,821
Gross receipts
$632,177
Employees
0
Year formed
2010
State of legal domicile
IA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
KEITH DEITERINGDIRECTOR
Trustee or director
1$0
KATHRYN FAHYDIRECTOR
Trustee or director
1$0
GRETA GRUYSDIRECTOR
Trustee or director
1$0
BRENT HARRISSECRETARY/TR
Trustee or director, Officer
1$0
JANELLE HOLTERDIRECTOR
Trustee or director
1$0
BRAD JUNGERSVICE PRESIDE
Trustee or director, Officer
1$0
JOHN MCMAHONDIRECTOR
Trustee or director
1$0
MICHAEL SANDYPRESIDENT
Trustee or director, Officer
1$0
DANIELLE TEWESDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
MARSHA CARLSONDIRECTOR
Trustee or director
1$0
KEITH DEITERINGDIRECTOR
Trustee or director
1$0
GRETA GRUYSDIRECTOR
Trustee or director
1$0
BRENT HARRISSECRETARY/TR
Trustee or director, Officer
1$0
JANELLE HOLTERDIRECTOR
Trustee or director
1$0
BRAD JUNGERSVICE PRESIDE
Trustee or director, Officer
1$0
JOHN MCMAHONDIRECTOR
Trustee or director
1$0
LINDA MOOREDIRECTOR
Trustee or director
1$0
MICHAEL SANDYPRESIDENT
Trustee or director, Officer
1$0
990 for the year ended June 30, 2023: 9 people
NameTitleHours / weekCompensation
MARSHA CARLSONDIRECTOR
Trustee or director
1$0
KEITH DEITERINGDIRECTOR
Trustee or director
1$0
GRETA GRUYSDIRECTOR
Trustee or director
1$0
JANELLE HOLTERDIRECTOR
Trustee or director
1$0
JOHN MCMAHONDIRECTOR
Trustee or director
1$0
LINDA MOOREDIRECTOR
Trustee or director
1$0
BRENT HARRISSECRETARY/TR
Officer
1$0
BRAD JUNGERSVICE PRESIDE
Officer
1$0
MICHAEL SANDYPRESIDENT
Officer
1$0

Address and contacts

Address (IRS master file)
HWY 71 SOUTH BOX AB, SPIRIT LAKE, IA 51360-0000
In care of
% JASON HARRINGTON
Principal officer (990 for 2024)
MICHAEL SANDY, 304 18TH STREET, SPIRIT LAKE, IA 51630
Signed the 990
MICHAEL SANDY, PRESIDENT
Phone
(712) 336-8791
Return prepared by
ERPELDING VOIGT & CO LLP

Mission

TO SOLICIT AND RECEIVE CONTRIBUTIONS, GIFTS, GRANTS, DEVISES, OR BEQUESTS OF REAL OR PERSONAL PROPERTY OR BOTH FROM INDIVIDUALS, FOUNDATIONS, AND PUBLIC AND PRIVATE ENTITIES; AND TO MAINTAIN, USE AND APPLY, DIRECTLY OR INDIRECTLY, THE WHOLE OR ANY PART OF THE INCOME THEREFROM AND THE PRINCIPAL THEREOF, EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF LAKES REGIONAL HEALTHCARE, AN IOWA COUNTY HOSPITAL, INCLUDING THE PURPOSES OF LAKES REGIONAL HEALTHCARE TO RECRUIT QUALIFIED HEALTH CARE PRACTITIONERS TO SERVE THE RESIDENTS OF THE SERVICE AREA OF LAKES REGIONAL HEALTHCARE.

990 for the year ended June 30, 2025

Program accomplishments

  • DURING THIS FISCAL YEAR, LAKES REGIONAL HEALTHCARE FOUNDATION SUPPORTED LAKES REGIONAL HEALTHCARE BY ENHANCING EMERGENCY SERVICES FOR THE COMMUNITY. THE FOUNDATION ALLOCATED 39,260 IN FUNDING FOR THE ADDITION OF A POWERED STAIR CHAIR FOR THE AMBULANCE AND FOR UPDATING THE EMERGENCY ROOM TO BETTER SERVE PATIENTS. THE FUNDS ALSO WENT TOWARDS A NEW AIR CONDITIONING UNIT FOR A HOSPICE PATIENT ROOM AND TOWARDS EMPLOYEE ASSISTANCE FOR RELIEF FROM THE SPENCER FLOODS.
    Expenses $39,260
  • LAKES REGIONAL HEALTHCARE FOUNDATION DEMONSTRATED ITS COMMITMENT TO FOSTERING THE NEXT GENERATION OF HEALTHCARE PROFESSIONALS BY PROVIDING SCHOLARSHIPS TO STUDENTS AND STAFF PURSUING ADVANCED CAREERS IN HEALTH- RELATED FIELDS. DURING THE FISCAL YEAR, THE FOUNDATION AWARDED 33,384 IN SCHOLARSHIPS TO STUDENTS AND STAFF. THESE SCHOLARSHIPS WERE DESIGNED TO ALLEVIATE FINANCIAL BARRIERS AND SUPPORT ACADEMIC ACHIEVEMENT, ALLOWING RECIPIENTS TO FOCUS ON THEIR STUDIES AND PROFESSIONAL DEVELOPMENT. SCHOLARSHIP RECIPIENTS WERE SELECTED BASED ON THEIR ACADEMIC EXCELLENCE, FINANCIAL NEED, AND DEDICATION TO SERVING THEIR COMMUNITY IN THE HEALTHCARE FIELD. BY INVESTING IN EDUCATION, THE FOUNDATION AIMS TO ADDRESS THE GROWING DEMAND FOR SKILLED HEALTHCARE PROFESSIONALS AND ENSURE THAT THE COMMUNITY HAS ACCESS TO HIGH-QUALITY CARE IN THE FUTURE.
    Expenses $33,384 · grants $33,384
  • LAKES REGIONAL HEALTHCARE FOUNDATION PARTNERS WITH LOCAL SCHOOL DISTRICTS TO DELIVER DIABETES PREVENTION PROGRAMMING. DURING THE FISCAL YEAR, THE FOUNDATION PARTNERED WITH 1 LOCAL SCHOOL DISTRICTS AND DISTRIBUTED 7,500 IN FUNDING TO SUPPORT THESE PROGRAMS FOR SCHOOL-AGE CHILDREN.
    Expenses $7,500

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
27-5079693
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type III functionally integrated
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2012
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E112)
Assets (IRS master file)
$1,736,729
Income (IRS master file)
$632,177

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$579,605$89,859$1,736,729XML
990June 2024$203,968$73,772$1,172,687XML
990June 2023$105,459$107,748$969,743XML
990June 2022$172,355$25,437$910,794IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-5079693).

Questions about LAKES REGIONAL HEALTHCARE FOUNDATION

What is the EIN of LAKES REGIONAL HEALTHCARE FOUNDATION?
The employer identification number (EIN) of LAKES REGIONAL HEALTHCARE FOUNDATION is 27-5079693.
Is LAKES REGIONAL HEALTHCARE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to LAKES REGIONAL HEALTHCARE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does LAKES REGIONAL HEALTHCARE FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LAKES REGIONAL HEALTHCARE FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LAKES REGIONAL HEALTHCARE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of LAKES REGIONAL HEALTHCARE FOUNDATION?
The 990 for the year ended June 30, 2025 names MICHAEL SANDY.
Who are the officers and directors of LAKES REGIONAL HEALTHCARE FOUNDATION?
The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does LAKES REGIONAL HEALTHCARE FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $579,605, expenses of $89,859 and total assets of $1,736,729 at year end.

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