Nonprofit · EIN 58-1594191
BALLAD HEALTH FOUNDATION
Tax-exempt · JOHNSON CITY, TN 37601
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $11,053,890 | $7,314,051 | $3,739,839 | $64,955,620 | $7,004,606 | $57,951,014 |
| June 30, 2024 | 990 | $7,890,797 | $4,059,826 | $3,830,971 | $71,461,063 | $20,541,768 | $50,919,295 |
| June 30, 2023 | 990 | $7,726,360 | $18,711,967 | -$10,985,607 | $67,442,232 | $22,739,416 | $44,702,816 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $8,575,578
- Program service revenue
- $0
- Investment income
- $2,410,734
- Net gain from sales of assets
- $654,520
- Net income from fundraising events
- -$49,860
- Net income from gaming
- $117,438
- Other revenue
- $67,578
Expenses
- Grants and similar amounts paid
- $5,898,693
- Compensation of officers, directors and key employees
- $320,669
- Salaries, compensation and benefits (total)
- $807,892
- Professional fundraising fees
- $0
- Occupancy
- $99,139
- Travel
- $15,044
- Program services (functional)
- $5,898,693
- Management and general (functional)
- $1,185,681
- Fundraising (functional)
- $229,677
Balance sheet and other
- Total assets, start of year
- $71,461,063
- Total assets, end of year
- $64,955,620
- Total liabilities, end of year
- $7,004,606
- Net assets, end of year
- $57,951,014
- Land, buildings and equipment
- $53,118
- Publicly traded securities
- $47,178,723
- Net assets without donor restrictions
- $19,174,172
- Net assets with donor restrictions
- $38,776,842
- Gross receipts
- $11,401,188
- Employees
- 8
- Volunteers
- 182
- Year formed
- 1984
- State of legal domicile
- TN
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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LYNN KRUTAK | FORMER TRUSTEE / BH EVP & CFO Former | 0 | $0 | $1,101,262 | $76,184 |
| ANTHONY KECK | TRUSTEE Trustee or director | 0.5 | $0 | $996,815 | $110,024 |
| TODD NORRIS | TRUSTEE Trustee or director | 0.5 | $0 | $667,392 | $88,631 |
| JOSHUA MCFALL | TRUSTEE/EX-OFFICIO Trustee or director | 0.5 | $0 | $524,356 | $93,242 |
| JACK SIMPSON | PRESIDENT/EX-OFFICO Trustee or director, Officer | 45 | $275,952 | $0 | $44,716 |
| KAREN CLARK | DIRECTOR OF DONOR RELATIONS Highest-paid employee | 40 | $104,031 | $0 | $31,254 |
| CARLA KARST | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TERRY BEGLEY | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| MARK COX | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| ELIZABETH GARTNER | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JOANNE HAIRSTON | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| DON RAINES | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAWN TUELL | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| KELLY PRICE | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LYNN KRUTAK | TRUSTEE / BH EVP & CFO Trustee or director, Officer | 1 | $0 | $994,596 | $120,642 |
| ANTHONY KECK | TRUSTEE Trustee or director | 0.5 | $0 | $716,766 | $102,173 |
| TODD NORRIS | TRUSTEE Trustee or director | 0.5 | $0 | $458,621 | $80,950 |
| JACK SIMPSON | PRESIDENT / EX-OFFICIO Trustee or director, Officer | 45 | $258,004 | $0 | $41,705 |
| JULIE LICH | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CARLA KARST | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JEFF BEDARD | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| TERRY BEGLEY | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| MARK COX | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| ELIZABETH GARTNER | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JOANNE HAIRSTON | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| DON RAINES | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| DAWN TUELL | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LYNN KRUTAK | TRUSTEE / BH EVP & CFO Trustee or director, Officer | 0.5 | $0 | $1,209,478 | $109,728 |
| ANTHONY KECK | TRUSTEE Trustee or director | 0.5 | $0 | $837,512 | $91,471 |
| TODD NORRIS | TRUSTEE Trustee or director | 0.5 | $0 | $595,211 | $70,410 |
| JACK SIMPSON | PRESIDENT / EX-OFFICIO Trustee or director, Officer | 45 | $317,625 | $0 | $37,919 |
| TED FIELDS | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 | $0 |
| GREG COX | SECRETARY / TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JEFF BEDARD | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| MARK COX | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| ELIZABETH GARTNER | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| JOANNE HAIRSTON | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| CARLA KARST | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| MICHELE KING | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| JULIE LICH | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| DAWN TUELL | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 311 PRINCETON RD STE 1, JOHNSON CITY, TN 37601-2080
- In care of
- % FINANCE
- Principal officer (990 for 2024)
- JACK SIMPSON, 1019 W OAKLAND AVE SUITE 2, JOHNSON CITY, TN 376042357
- Signed the 990
- JACK SIMPSON, PRESIDENT
- Phone
- (423) 302-3131
- Website
- BALLADHEALTH.ORG
- Return prepared by
- PYA P C
Mission
BALLAD HEALTH FOUNDATION'S PRIMARY PURPOSE IS TO BUILD RELATIONSHIPS WITH OTHERS TO FULFILL THE MISSION AND VISION OF BALLAD HEALTH THROUGH PHILANTHROPY. WORKING TOGETHER AROUND A COMMON SET OF OBJECTIVES, WE CAN TRANSFORM OUR COMMUNITY'S HEALTH AND WELL-BEING.
Program accomplishments
- BALLAD HEALTH FOUNDATION BUILDS RELATIONSHIPS THAT FULFILL THE MISSION AND VISION OF BALLAD HEALTH THROUGH PHILANTHROPY. DURING THE FISCAL YEAR ENDING JUNE 30, 2025, OVER 4,535 COMMUNITY MINDED BUSINESSES AND INDIVIDUALS MADE GIFTS THAT ENABLED THE FOUNDATION TO LEVERAGE THE POWER OF PHILANTHROPY TO IMPROVE THE OVERALL HEALTH OF THE APPALACHIAN HIGHLANDS. THESE GIFTS ENABLED THE FOUNDATION TO PROVIDE $5,532,407 IN GRANTS FOR EQUIPMENT, PROGRAMS, AND SERVICES THROUGHOUT THE REGION.OVER $3.3 MILLION WAS DESIGNATED FOR NISWONGER CHILDREN'S HOSPITAL AND PEDIATRIC SERVICES TO INCLUDE FUNDING FOR A TWO FLOOR ADDITION TO THE HOSPITAL, EXPANSION OF THE PEDIATRIC INFUSION CENTER AND PEDIATRIC OUTPATIENT REHAB CENTER, AND FOR ITEMS SUCH AS PEDIATRIC EYE SURGERY STRETCHERS, AIR TRANSPORT ISOLETTE, NICU BEDS, WHEELCHAIRS, STRETCHERS, PEDIATRIC ULTRASOUND AND FETAL MONITOR, MUSIC THERAPY FOR PEDIATRIC ONCOLOGY PATIENTS AND PROGRAM SUPPORT FOR OUR CHILDREN'S RESOURCE CENTER.THE FOUNDATION ALSO PROVIDED $2.2 MILLION IN GRANTS FOR EQUIPMENT, PROGRAM NEEDS, AND EDUCATION THROUGHOUT OTHER BALLAD FACILITIES. THIS INCLUDED $384,336 FOR CARDIOLOGY EQUIPMENT, $148,105 FOR ONCOLOGY NEEDS, $201,202 FOR RENOVATION OF A HOSPITALITY HOUSE FOR CANCER PATIENTS, AND $31,028 FOR HOSPICE/HOME HEALTH CARE. WE SAW SIGNIFICANT INCREASES IN OUR PATIENT ASSISTANCE PROGRAM AND TEAM MEMBER EMERGENCY SUPPORT DUE TO HURRICANE HELENE. THE FOUNDATION PROVIDED OVER $400,000 IN PATIENT ASSISTANCE FUNDS AND OVER $545,000 FOR TEAM MEMBER EMERGENCY SUPPORT.Expenses $5,898,693 · grants $5,898,693
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 58-1594191
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1985
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E120)
- Assets (IRS master file)
- $64,955,620
- Income (IRS master file)
- $11,401,188
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $11,053,890 | $7,314,051 | $64,955,620 | XML |
| 990 | June 2024 | $7,890,797 | $4,059,826 | $71,461,063 | IRS |
| 990 | June 2023 | $7,726,360 | $18,711,967 | $67,442,232 | XML |
| 990 | June 2022 | $13,795,215 | $6,462,250 | $62,092,613 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 58-1594191).
Questions about BALLAD HEALTH FOUNDATION
- What is the EIN of BALLAD HEALTH FOUNDATION?
- The employer identification number (EIN) of BALLAD HEALTH FOUNDATION is 58-1594191.
- Is BALLAD HEALTH FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to BALLAD HEALTH FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BALLAD HEALTH 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 BALLAD HEALTH 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 BALLAD HEALTH 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 BALLAD HEALTH FOUNDATION?
- The 990 for the year ended June 30, 2025 names JACK SIMPSON.
- Who are the officers and directors of BALLAD HEALTH FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 14 people; 2 received compensation from the organization.
- How much revenue does BALLAD HEALTH FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $11,053,890, expenses of $7,314,051 and total assets of $64,955,620 at year end.
Other nonprofits in JOHNSON CITY
- MOUNTAIN STATES HEALTH ALLIANCE EIN 62-0476282 · last filed 990 for 2025
- WELLMONT HEALTH SYSTEM EIN 62-1636465 · last filed 990 for 2025
- JOHNSTON MEMORIAL HOSPITAL INC EIN 54-0544705 · last filed 990 for 2025
- WELLMONT MEDICAL ASSOCIATES INC EIN 27-0898372 · last filed 990 for 2025
- TAKOMA REGIONAL HOSPITAL INC EIN 51-0603966 · last filed 990 for 2025
- BALLAD HEALTH EIN 61-1771290 · last filed 990 for 2025
- WELLMONT CARDIOLOGY SERVICES EIN 26-3557623 · last filed 990 for 2025
- SMYTH COUNTY COMMUNITY HOSPITAL EIN 54-0794913 · last filed 990 for 2025