SWANNANOA VALLEY MEDICAL CENTER INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: SWANNANOA VALLEY MEDICAL CENTER INC (EIN 56-1040100)
Tax period: 2011-07-01 to 2012-06-30
Filed: 2012-11-07
IRS object ID: 201233129349300703
Schema version: 2011v1.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule C
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-11-07T09:55:45-05:00	Timestamp
Tax Period End Date	2012-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HELGREEN AND DALTON ACCOUNTANTS	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	103 SCOTLAND STREET	AddressLine1
City	BLACK MOUNTAIN	City
State	NC	State
ZIP Code	28711	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	561040100	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	SWANNANOA VALLEY MEDICAL CENTER INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	SWAN	NameControl

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	P O BOX 1446	AddressLine1
City	BLACK MOUNTAIN	City
State	NC	State
ZIP Code	28711	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JIM HUGHES	Name
Title	ADMINISTRATOR	Title
Phone	8285521201	Phone
Date Signed	2012-11-07	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	SUSAN GALE H CHAMPIE	Name
Phone	8286698784	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	81744	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1974	YearFormation
State Legal Domicile	NC	StateLegalDomicile
Activity Or Mission Description	MEDICAL FACILITY CHARITABLE	ActivityOrMissionDescription
Nbr Voting Members Governing Body	19	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	19	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	26945	InvestmentIncomePriorYear
Investment Income Current Year	2742	InvestmentIncomeCurrentYear
Other Revenue Prior Year	34606	OtherRevenuePriorYear
Other Revenue Current Year	30244	OtherRevenueCurrentYear
Total Revenue Prior Year	61551	TotalRevenuePriorYear
Total Revenue Current Year	32986	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Current Year	0	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	45360	OtherExpensePriorYear
Other Expenses Current Year	38811	OtherExpensesCurrentYear
Total Expenses Prior Year	45360	TotalExpensesPriorYear
Total Expenses Current Year	38811	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	16191	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-5825	RevenuesLessExpensesCY
Total Assets BOY	503352	TotalAssetsBOY
Total Assets EOY	493567	TotalAssetsEOY
Total Liabilities EOY	0	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	503352	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	493567	NetAssetsOrFundBalancesEOY
Mission Description	MEDICAL FACILITY CHARITABLE	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	13968	Expense
Description	PROVIDE MEDICAL FACILITIES FOR THE SWANNANOA VALLEY CHARITABLE RELIGIOUS EDUCATIONAL AND SCIENTIFIC PURPOSES INCLUDING MAKING CONTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501 C 3	Description
Total Program Service Expense	13968	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	7	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	0	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	19	NbrVotingGoverningBodyMembers
Number Independent Voting Members	19	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	false	ConflictOfInterestPolicy
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	NC	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	AMBER KNIGHTEN	NamePerson
Telephone Number	8285521201	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	57 HERSHEL LANE	AddressLine1
City	SWANNANOA	City
State	NC	State
ZIP Code	28778	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (10 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
BETTY AUSTIN
BOARD MEMBER	1.00	X	0	0	0
DR NORM GOTTLIEB
BOARD MEMBER	1.00	X	0	0	0
GARY SEMLAK
BOARD MEMBER	1.00	X	0	0	0
GERALD SIBBETT
BOARD MEMBER	1.00	X	0	0	0
MELBA BANKS
BOARD MEMBER	1.00	X	0	0	0
MILTON HOLLIFIELD
BOARD MEMBER	1.00	X	0	0	0
STEPHEN ROBERTS
CHAIRMAN	1.00	X	0	0	0
SUSAN SMITH
TREASURER	1.00	X	0	0	0
SYLVIA CARPENTER
BOARD MEMBER	1.00	X	0	0	0
DONNA HUGHES
RECORDING SECRETARY	1.00		1200	0	0	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1200	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	0	TotalOtherCompensation
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	2742	TotalRevenueColumn
Related Or Exempt Function Income	2742	RelatedOrExemptFunctionIncome

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	79002	Real

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	48758	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	30244	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	30244	TotalRevenueColumn
Related Or Exempt Function Income	30244	RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	32986	TotalRevenueColumn
Related Or Exempt Function Income	32986	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	1136	Total
Management And General	1136	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	6385	Total
Management And General	6385	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	1308	Total
Management And General	1308	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	465	Total
Management And General	465	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	741	Total
Management And General	741	ManagementAndGeneral

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	108	Total
Management And General	108	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	13968	Total
Program Services	13968	ProgramServices

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	TotalTotal	Management And GeneralManagementAndGeneral
GRANTS TO OTHER CHARITIES	14500	14500
MISCELLANEOUS	200	200

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	38811	Total
Program Services	13968	ProgramServices
Management And General	24843	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	67449	BOY
EOY	95463	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	218966	BOY
EOY	195135	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	602442	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	399473	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	216937	BOY
EOY	202969	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	503352	BOY
EOY	493567	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	468365	BOY
EOY	458580	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	34925	BOY
EOY	34925	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	62	BOY
EOY	62	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	503352	BOY
EOY	493567	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	503352	BOY
EOY	493567	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	-5825	ReconcilationRevenueExpenses
Reconcilation Other Changes	-3960	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	true	AccountantCompileOrReview
FS Audited	false	FSAudited
Audit Committee	false	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Hospital170b1 Aiii	X	Hospital170b1Aiii

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Volunteers	false	Volunteers
Paid Staff Or Management	false	PaidStaffOrManagement
Media Advertisements	false	MediaAdvertisements
Mailings Members	false	MailingsMembers
Publications Or Broadcast	false	PublicationsOrBroadcast
Grants Other Organizations	false	GrantsOtherOrganizations
Direct Contact Legislators	false	DirectContactLegislators
Rallies Demonstrations	false	RalliesDemonstrations
Other Activities	false	OtherActivities
Not Described In501c3	false	NotDescribedIn501c3

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	75750	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	3250	OtherCostOrOtherBasis
Book Value	79000	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	523442	InvestmentCostOrOtherBasis
Depreciation	399473	Depreciation
Book Value	123969	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	202969	TotalOfBookValueLandBuildings

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifier	ExplanationExplanation
01. Members or stockholder classes and rights (Part VI, line 6)	EACH RENTOR PAYS AN ANNUAL MEMBERSHIP TO THE SWANNANOA VALLEY MEDICAL CENTER THE MEMBERSHIP DOES NOT PROVIDE FOR ANY VOTING PRIVILEGES ON THE BOARD OF DIRECTORS
02. Form 990 governing body review (Part VI, line 11)	THE FORM 990 IS REVIEWED AT THE NEXT REGULAR BOARD OF DIRECTORS MEETING AFTER COMPLETION
03. Governing documents, etc, available to public (Part VI, line 19)	ALL GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST OF THE BOARD OF DIRECTORS
04. Explanation of other changes in net assets or fund balances (Part XI, line 5)	NET DECREASE IN MARKET VALUE OF INVESTMENTS