Matagorda Regional Medical Center Foundation

Organization Overview

Matagorda Regional Medical Center Foundation is located in Bay City, TX. The organization was established in 2004. 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. Matagorda Regional Medical Center Foundation 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 12/2022, Matagorda Regional Medical Center Foundation generated $295.6k 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 (13.1%) each year. All expenses for the organization totaled $465.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO BENEFIT, CARRYOUT, SUPPORT, AND/OR PERFORM THE SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES OF THE MATAGORDA COUNTY HOSPITAL DISTRICT, A GOVERNMENTAL UNIT OF TEXAS DESCRIBED IN IRC 170(B)(1)(A)(V).

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO BENEFIT, CARRYOUT, SUPPORT, AND/OR PERFORM THE SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSE OF THE MATAGORDA COUNTY HOSPITAL DISTRICT, A GOVENMENTAL UNIT OF THE STATE OF TEXAS DESCRIBED IN IRC 170(B)(1)(A)(V).


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Board, Officers & Key Employees

Name (title)Compensation
Justin Atkinson
Vice Preside
$0
Vickie Avants
Director
$0
Susan Burton
Director
$0
Blayne Finlay
Director
$0
Venessa Green
Director
$0
Jordan Krauskopf
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$290,461
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$290,461
Total Program Service Revenue$0
Investment income $5,147
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $295,608

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