Pikeville Medical Center Foundation For Quality Healthcare Inc
- Assets
- $1.1m
- Revenue
- $419.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Pikeville, KY
- Founding
- 03/2015
- Data as of
- 09/2023
- EIN
- 47-2020718
Organization Overview
Pikeville Medical Center Foundation For Quality Healthcare Inc is located in Pikeville, KY. The organization was established in 2015. 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. Pikeville Medical Center Foundation For Quality Healthcare 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, Pikeville Medical Center Foundation For Quality Healthcare Inc generated $419.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.4% each year .
Since 2021, Pikeville Medical Center Foundation For Quality Healthcare Inc has awarded 12 individual grants totaling $2,095,431. 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
THE ORGANIZATION'S PRIMARY PURPOSE IS TO SUPPORT THE CHARITABLE AND HEALTH ACTIVITIES OF PIKEVILLE MEDICAL CENTER, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HOSTED THE HEART & VASCULAR INSTITUTE OF EASTERN KENTUCKY GALA FROM WHICH PROCEEDS WERE USED TO SUPPORT THE CONTINUED GROWTH OF SERVICE OFFERINGS FROM THE PMC HEART PROGRAM, WHICH HAS BEEN RECOGNIZED AS ONE OF THE TOP HEART PROGRAMS IN KENTUCKY. THIS CAMPAIGN CONTRIBUTED TO INVESTMENTS IN ADVANCED TECHNOLOGY AND RECRUITMENT OF TOP CARDIAC SPECIALISTS TO ENABLE THE HEART AND VASCULAR INSTITUTE OF EASTERN KENTUCKY AT PIKEVILLE MEDICAL CENTER TO OFFER MANY CUTTING-EDGE PROCEDURES THAT WERE PREVIOUSLY ONLY AVAILABE IN LARGER CITIES.
ALL OTHER PORGRAM RELATED REVENUE AND EXPENSES INCLUDING DONATIONS AND OPERATIONAL EXPENSES.
THE SPEAK FROM THE HEART FUNDRAISING CAMPAIGN FROM WHICH PROCEEDS WERE USED TO SUPPORT THE EXPANSION OF THE PMC APPALACHIAN VALLEY AUTISM (AVA) CENTER, A MULTI-DISCIPLINARY THERAPY PROGRAM FOR CHILDREN DIAGNOSED WITH AUTISM SPECTRUM DISORDER (ASD).
THE ORGANIZATION HOSTED THE EIGHTH ANNUAL COLORS OF COURAGE 5K RUN/WALK IN DOWNTOWN PIKEVILLE FROM WHICH PROCEEDS OF THE EVENT WERE USED TO SUPPORT PATIENTS OF THE PIKEVILLE MEDICAL CENTER LAWSON CANCER CENTER WHO ARE IN CRITICAL FINANCIAL NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Burchett Board President | OfficerTrustee | 1 | $0 |
Joe Dean Anderson Board Secretary/treasurer | OfficerTrustee | 1 | $0 |
William D Blackburn Board Member/pmc President/ceo | Trustee | 1 | $0 |
John Labreche Board Member | Trustee | 1 | $0 |
Aaron Crum MD Board Member/pmc Cmo/asst CEO | Trustee | 1 | $0 |
Julius Clinton Martin II Board Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $423,674 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $43,552 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $467,226 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$48,247 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $418,979 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $587,696 |
| 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 | $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 | $2,000 |
| 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 | $325 |
| 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 | $636,068 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $161,839 |
| Pledges and grants receivable | $917,500 |
| Accounts receivable, net | $16,205 |
| 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 | $1,095,544 |
| Accounts payable and accrued expenses | $983 |
| 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 | $10,737 |
| Total liabilities | $11,720 |
| Net assets without donor restrictions | -$747,634 |
| Net assets with donor restrictions | $1,831,458 |
| 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 | $1,095,544 |
Grants Awarded
Over the last fiscal year, Pikeville Medical Center Foundation For Quality Healthcare Inc has awarded $562,470 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
PIKEVILLE MEDICAL CENTER INC PURPOSE: TO SUPPORT THE CHARITABLE AND HEALTH ACTIVITIES OF PIKEVILLE MEDICAL CENTER, INC. | $529,670 |
STAR CITY GRAND SLAM CLUB INC PURPOSE: SCOREBOARD SPONSORSHIP | $16,000 |
PIKE COUNTY BOARD OF EDUCATION PURPOSE: RAISING CHAMPIONS, STARTING LINE UP AND FOOTBALL SCOREBOARD SPONSORSHIPS | $6,800 |
MAKE A WISH FOUNDATION OF OH KY AND IN PURPOSE: DINNER UNDER THE STARS SPONSORSHIP | $10,000 |