Tallahatchie General Hospital Medical Foundation
- Assets
- $13.4m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 12
- Location
- Charleston, MS
- Founding
- 11/2011
- Data as of
- 12/2022
- EIN
- 45-1284016
Organization Overview
Tallahatchie General Hospital Medical Foundation is located in Charleston, MS. The organization was established in 2011. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. As of 12/2022, Tallahatchie General Hospital Medical Foundation employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tallahatchie General Hospital Medical 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, Tallahatchie General Hospital Medical Foundation generated $1.8m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EXCLUSIVELY CHARITABLE, SCIENTIFIC, LITERARY & EDUCATIONAL PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS & GIFTS TO SUPPORT HOSPITAL STAFF, WELLNESS CENTER, AND INDIGENT PATIENT CLINIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bobby Brunson Jr Trustee | Trustee | $0 | |
William Mckellar Trustee | Trustee | $0 | |
Rance Moring Trustee | Trustee | $0 | |
William Rainey Trustee | Trustee | $0 | |
Linda Rowland Trustee | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $100,794 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,352,936 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,453,730 |
| Total Program Service Revenue | $0 |
| Investment income | -$85,160 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $475,149 |
| 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 | $1,849,441 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $280,416 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $33,608 |
| Payroll taxes | $20,217 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,372 |
| Fees for services: Other | $41,428 |
| Advertising and promotion | $9,702 |
| Office expenses | $19,139 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,303 |
| Travel | $12,153 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $23,414 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $218,969 |
| Insurance | $0 |
| All other expenses | $65,369 |
| Total functional expenses | $1,302,239 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,720,330 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,357 |
| 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 | $5,629,091 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,359,778 |
| Accounts payable and accrued expenses | $15,005 |
| 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 | $553,370 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $37,969 |
| Total liabilities | $606,344 |
| Net assets without donor restrictions | $6,620,664 |
| Net assets with donor restrictions | $6,132,770 |
| 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 | $13,359,778 |