Foundation For Marshall Medicalcenters Inc
- Assets
- $2.2m
- Revenue
- $555.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Guntersville, AL
- Founding
- 12/2008
- Data as of
- 09/2023
- 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 09/2023, Foundation For Marshall Medicalcenters Inc generated $555.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $418.1k during the year ending 09/2023. 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
2023
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 HIGHLYTRAINED AND COMPASSIONATE HEALTHCARE PROFESSIONALS.
PROVIDING ASSISTANCE TO REDUCE BARRIERS AND ENHANCE CARE FOR THE PATIENTS AND FAMILIES OF MARSHALL MEDICAL CENTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Brickey Chairman | OfficerTrustee | 0.5 | $0 |
Stephen Brindley Board Member | Trustee | 0.5 | $0 |
Kasey Culbert Board Member | Trustee | 0.5 | $0 |
Amy Everett Board Member | Trustee | 0.5 | $0 |
Tammy Fussell Board Member | Trustee | 0.5 | $0 |
Cindy Glassco Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $408,351 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $257,142 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $665,493 |
| Total Program Service Revenue | $0 |
| Investment income | $30,402 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$140,485 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $555,410 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $378,318 |
| Grants and other assistance to domestic individuals. | $24,758 |
| 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 | $12,083 |
| 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 | $727 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,695 |
| 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 | $496 |
| Total functional expenses | $418,077 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,150,770 |
| 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 | $2,150,770 |
| 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 | $2,150,770 |
| 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 | $2,150,770 |
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 CENTERS - MAP PROG PURPOSE: WOMEN'S MAMMOGRAMS | $136,657 |
WOMEN'S GUILD PURPOSE: NURSERY CARE | $22,200 |
MARSHALL MEDICAL CENTER - EXPANSION PURPOSE: EXPANSION OF SERVICE | $1,000,000 |
MARSHALL MEDICAL CENTERS - CANCER C PURPOSE: CANCER CENTER | $87,024 |