2025-05-05T12:31:39-04:00 2024-12-31 272509623 Phillips Salmi & Associates LLC 108 N Main St Washington IL 61571 990 2024-01-01 370661205 COTTAGE HEALTH FOUNDATION % JOSHUA GIBB COTT 3093448898 246 E MAIN STREET GALESBURG IL 61401 JOSHUA GIBB CHIEF EXECUTIVE OFFICER 3093448898 2025-05-05 true true LORI SALMI P00712052 3094444909 2025-05-05 2024 2025-03-06 01:10:19Z JOSHUA GIBB 246 E MAIN STREET GALESBURG IL 61401 7202 false X NONE X 2004 IL COTTAGE HEALTH FOUNDATION IS ORGANIZED TO SUPPORT, BENEFIT OR CARRY OUT THE PROMOTION OF HEALTH AND OTHER CHARITABLE AND EDUCATIONAL PURPOSES THROUGH THE SUPPORT OF THE CHARITABLE ACTIVITIES OF GALESBURG COMMUNITY FOUNDATION. 4 4 0 0 0 1732 64025 5466 4 4 0 64029 7202 0 0 0 0 0 4772 54588 4772 54588 59257 -47386 2003599 2172070 24000 24000 1979599 2148070 COTTAGE HEALTH FOUNDATION IS ORGANIZED TO SUPPORT, BENEFIT OR CARRY OUT THE PROMOTION OF HEALTH AND OTHER CHARITABLE AND EDUCATIONAL PURPOSES THROUGH THE SUPPORT OF THE CHARITABLE ACTIVITIES OF GALESBURG COMMUNITY FOUNDATION. false false 50000 TO SUPPORT THE CHARITABLE ACTIVITIES OF GALESBURG COMMUNITY FOUNDATION 50000 true false false false false false false false true false false true true true true false true false false false false false false false false false false false true false false false false false false false false false false false false false true true true false false true 1 0 true 0 false false false false false false false false false false false false false false X 4 4 false false false false true true true true true false false true true true true true true true false false IL X SHAWN HEDDEN 3093448898 246 E MAIN STREET GALESBURG IL 61401 JOSHUA GIBB CHIEF EXECUTIVE OFFICER 0.00 40.00 X 0 174850 26345 SHAWN HEDDEN DIRECTOR OF FINANCE & OPERATIONS 0.00 40.00 X 0 105008 14680 CARL NIXON CHAIRMAN 1.00 0.00 X X 0 0 0 THOMAS MALONEY VICE CHAIRMAN 1.00 0.00 X X 0 0 0 DANIEL PIPER SECRETARYTREASURER 1.00 0.00 X X 0 0 0 DR JOHN MCCLEAN FORMER SECRETARYTREASURER 1.00 0.00 X X 0 0 0 0 279858 41025 0 false true false 1732 1732 NI UNITED HEALTH PROP 900099 5466 5466 5466 4 4 0 7202 5470 0 0 2665 2665 30 30 50000 50000 1873 1873 EDUCATION & DUES 20 20 54588 50000 4588 0 19738 15386 379896 385362 1603965 1771322 2003599 2172070 24000 24000 24000 24000 X 553299 577370 1426300 1570700 1979599 2148070 2003599 2172070 -47386 215857 0 X X false true X true false X X 1 GALESBURG COMMUNITY FOUNDATION 371159944 8 true 50000 0 1 50000 0 true false false false false false false false false false false false false false false true false 38365541 1876586 2471994 2199908 40514213 29881782 9866893 3394697 4777831 38365541 33645504 3166806 -4042040 2888488 29881782 29460218 3114071 3458330 2387115 33645504 24715742 2822318 2774523 852365 29460218 0.24000 0.22000 0.54000 true true true INVESTMENT IN UNITED HEALTH PROP 385362 C 385362 CSV LIFE INSURANCE 200622 RYAN TRUST 1570700 1771322 ESTIMATED IBNR MALPRACTICE 24000 24000 X Part V, Line 4-Intended uses of endowment funds THE FOUNDATIONS ENDOWMENTS CONSIST OF INDIVIDUAL FUNDS ESTABLISHED TO HELP FULFILL THE MISSION OF THE FOUNDATION. Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740) THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR SECTIONS OF THE ILLINOIS COMPILED STATUTES. ADDITIONALLY, DURING THE YEAR ENDED DECEMBER 31, 2006, THE FOUNDATION AND CHF WERE GRANTED CHARITABLE COMMUNITY FOUNDATION STATUS UNDER SECTIONS 509(A)(1) AND 509(A)(3), RESPECTIVELY. EACH ENTITY IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ENTITIES ARE SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. WE HAVE DETERMINED THAT EACH ENTITY IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAVE NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. FORMS 990 FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS) UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN. FORMS 990 FILED BY THE ORGANIZATION ARE NO LONGER SUBJECT TO EXAMINATION FOR THE YEARS 2020 AND PRIOR. X true true false false false false false false false false false JOSHUA GIBB CHIEF EXECUTIVE OFFICER 174850 26345 201195 Members or stockholder classes and rights Part VI line 6 THE SOLE MEMBER OF THE COTTAGE HEALTH FOUNDATION IS GALESBURG COMMUNITY FOUNDATION. AS THE SOLE MEMBER, THEY HAVE THE POWER TO ELECT AND REMOVE THE BOARD OF DIRECTORS, APPROVE ANY AMENDMENTS TO THE ARTICLES OF INCORPORATION OR BYLAWS, AND TO APPROVE THE MAKING OF CHARITABLE GRANTS OR GIFTS IN THE NAME OF AND USING THE ASSETS OF THE CORPORATION. Member election for additional members Part VI line 7a AS THE SOLE MEMBER OF THE ORGANIZATION, GALESBURG COMMUNITY FOUNDATION HAS THE POWER TO ELECT AND REMOVE THE BOARD OF DIRECTORS. Governing body decisions Part VI line 7b AS THE SOLE MEMBER OF THE ORGANIZATION, GALESBURG COMMUNITY FOUNDATION HAS THE POWER TO APPROVE ANY AMENDMENTS TO THE ARTICLES OF INCORPORATION OR BYLAWS AND TO APPROVE THE MAKING OF CHARITABLE GRANTS OR GIFTS IN THE NAME OF AND USING THE ASSETS OF THE CORPORATION. Form 990 governing body review Part VI line 11 COPIES OF THE PREPARED FORM 990 WILL BE GIVEN TO BOARD MEMBERS TO REVIEW PRIOR TO FILING. Conflict of interest policy compliance Part VI line 12c EACH BOARD OF DIRECTOR, COMMITTEE AND STAFF MEMBER WILL SUBMIT A WRITTEN STATEMENT RELATED TO CONFLICTS OF INTEREST ON A YEARLY BASIS. THE CHAIRMAN OF THE BOARD SHALL BECOME FAMILIAR WITH THE STATEMENTS OF ALL BOARD MEMBERS IN ORDER TO GUIDE HIS/HER CONDUCT SHOULD A CONFLICT ARISE. CEO executive director top management comp Part VI line 15a ANNUALLY THE BOARD OF DIRECTORS OF GALESBURG COMMUNITY FOUNDATION (RELATED ORGANIZATION) COMPLETES AN EVALUATION FOR THE CEO, COMPENSATION IS THEN COMPARED TO OTHER ILLINOIS COMMUNITY FOUNDATIONS AND THE BOARD THEN DISCUSSES THE PERFORMANCE AND COMPENSATION PACKAGE AND DETERMINES THE CEOS COMPENSATION. Governing documents etc available to public Part VI line 19 DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Audited by an independent accountant Part XII line 2b THE BOARD OF DIRECTORS OF THE RELATED ORGANIZATION, GALESBURG COMMUNITY FOUNDATION (EIN 37-1159944), ENGAGES THE INDEPENDENT ACCOUNTANTS TO PERFORM THE AUDIT. N/A GALESBURG COMMUNITY FOUNDATION 246 E MAIN STREET GALESBURG IL 61401 371159944 SUPPORT AND ENCOURAGE HEALTHCARE SERVICE IL 501C3 8 N/A true true true GALESBURG COMMUNITY FOUNDATION N GALESBURG COMMUNITY FOUNDATION O GALESBURG COMMUNITY FOUNDATION B 50000 FMV