Foundation For Marshall Medicalcenters Inc
- Assets
- $1.9m
- Revenue
- $260.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Guntersville, AL
- Founding
- 12/2008
- Data as of
- 09/2022
- EIN
- 26-0446391
Organization Overview
Foundation For Marshall Medicalcenters Inc is located in Guntersville, AL. The organization was established in 2008. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Marshall Medicalcenters 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 09/2022, Foundation For Marshall Medicalcenters Inc generated $260.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $1.3m during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Foundation For Marshall Medicalcenters Inc has awarded 24 individual grants totaling $3,518,172. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HEALTH CARE BENEFITS TO POOR, INDIGENT AND MEDICALLY UNDERSERVED PERSONS IN MARSHALL, DEKALB, ETOWAH, CULLMAN, BLOUNT AND MORGAN COUNTIES IN THE STATE OF AL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DEVELOP RELATIONSHIPS AND FINANCIAL RESOURCES NECESSARY TO SUPPORT THE MEDICAL CENTERS AND ITS MISSION OF IMPROVING THE HEALTH AND WELL-BEING OF OUR PATIENTS AND THEIR FAMILIES.
TO ENSURE A SUFFICIENT SUPPLY OF HIGHLY-TRAINED AND COMPASSIONATE HEALTH-CARE PROFESSIONALS.
DONATIONS FOR PATIENCE ASSISTANT AND SUPPLIES FOR THE FAMILIES OF PATIENTS OF THE MMC CENTER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Oliver Executive Di | OfficerTrustee | $0 | |
Mark Brickey Chairman | OfficerTrustee | $0 | |
Tammy Fussell Board Member | Trustee | $0 | |
Tim Mcrae Board Member | Trustee | $0 | |
Kasey Culbert Board Member | Trustee | $0 | |
Cindy Glassco Board Member | Trustee | $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 | $240,938 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $240,938 |
| Total Program Service Revenue | $0 |
| Investment income | -$202,647 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $222,156 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $260,447 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,245,881 |
| Grants and other assistance to domestic individuals. | $3,500 |
| 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 | $13,006 |
| 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 | $30,838 |
| Total functional expenses | $1,293,225 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,887,851 |
| Savings and temporary cash investments | $0 |
| 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 | $1,887,851 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,887,851 |
| 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 | $1,887,851 |
Grants Awarded
Over the last fiscal year, Foundation For Marshall Medicalcenters Inc has awarded $1,245,881 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
MARSHALL MEDICAL CENTER - EXPANSION PURPOSE: EXPANSION OF SERVICE | $1,000,000 |
MARSHALL MEDICAL CENTERS - MAP PROG PURPOSE: WOMEN'S MAMMOGRAMS | $136,657 |
MARSHALL MEDICAL CENTERS - CANCER C PURPOSE: CANCER CENTER | $87,024 |
WOMEN'S GUILD PURPOSE: NURSERY CARE | $22,200 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Foundation For Marshall Medicalcenters Inc has recieved totaling $378.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $378 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
Yhwh Foundation Inc Carrollton, GA | $0 | $14,288,691 |
First Horizon Foundation Memphis, TN | $37,840,936 | $11,265,846 |
Miriam U Hoover Foundation Vero Beach, FL | $0 | $462,542 |
Dr Herbert And Nicole Wertheim Family Foundation Inc Miami, FL | $42,831,898 | $5,245,016 |
Quality Senior Housing Foundation Of East Texas Inc Atlanta, GA | $68,762,519 | $14,924,948 |
The Mary Alice Fortin Foundation Palm Beach, FL | $167,401,142 | $8,209,363 |
Zeist Foundation Inc Atlanta, GA | $306,093,080 | $21,313,980 |
Anverse Inc Cartersville, GA | $0 | $25,436,325 |
Louis And Gloria Flanzer Philantrhopic Tr Sarasota, FL | $95,188,629 | $13,796,000 |
Uga Real Estate Foundation Inc Athens, GA | $310,229,529 | $14,839,274 |