Columbus County Hospital Foundation Inc
- Assets
- $574.0k
- Revenue
- $78.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Whiteville, NC
- Founding
- 03/2003
- Data as of
- 09/2023
- EIN
- 01-0673231
Organization Overview
Columbus County Hospital Foundation Inc is located in Whiteville, NC. The organization was established in 2003. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Columbus County Hospital Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Columbus County Hospital Foundation Inc generated $78.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (13.3%) each year. All expenses for the organization totaled $18.5k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT COLUMBUS REGIONAL HEALTHCARE SYSTEM AND PROMOTE COMMUNITY BENEFIT PROGRAMS WITHIN COLUMBUS COUNTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION WAS ESTABLISHED IN FEBRUARY 2002 TO CONTINUE THE TRADITION OF CARING FIRST INSTILLED BY DR. WARREN EDWARD MILLER, WHO ESTABLISHED THE FIRST 12-PATIENT HOSPITAL IN WHITEVILLE IN 1935. THE FOUNDATION'S GOAL IS TO STRENGTHEN OUR MEDICAL RESOURCES RIGHT HERE AT HOME.THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION GOVERNED BY A VOLUNTEER BOARD OF DIRECTORS. THROUGH CHARITABLE GIFTS, THE FOUNDATION HELPS MEET THE DEMAND FOR MODERN EQUIPMENT AND SERVICES THAT BUILD UPON THE COMMUNITY'S HEALTH RESOURCES.THE FOUNDATION IS CHARGED WITH RAISING AND ADMINISTERING FUNDS THAT WILL BE USED TO FURTHER CHARITABLE, EDUCATIONAL AND HEALTHCARE OBJECTIVES OF THE COLUMBUS REGIONAL HEALTHCARE SYSTEM, AS WELL AS DEVELOP AND ADMINISTER FUNDRAISING CAMPAIGNS TO HELP CRHS MEET ITS SHORT- AND LONG-RANGE GOALS. AS MORE AND MORE STATE AND FEDERAL GOVERNMENT AND PRIVATE INSURERS CONTINUE TO CUT AND RESTRICT REIMBURSEMENT PAYMENTS TO HOSPITALS, THE FOUNDATION IS ONE WAY TO ASSIST IN COMPENSATING FOR THIS LOSS IN REVENUE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Anderson Board Member | Trustee | 1 | $0 |
Mariel Biebl Board Member | Trustee | 1 | $0 |
John Watson Board Member | Trustee | 1 | $0 |
Melissa Singler Board Member | Trustee | 1 | $0 |
Evan Gore Board Member | Trustee | 1 | $0 |
Stuart High Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $75,550 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $40,135 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $115,685 |
| Total Program Service Revenue | $0 |
| Investment income | $1,709 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$38,458 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $78,936 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $14,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $18,452 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,013 |
| Savings and temporary cash investments | $500,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $574,013 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $162,379 |
| Total liabilities | $162,379 |
| Net assets without donor restrictions | $411,634 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $574,013 |