Copiah County Public Benefit Corporation is located in Hazlehurst, MS. The organization was established in 2017. 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. Copiah County Public Benefit Corporation 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 12/2021, Copiah County Public Benefit Corporation generated $976.5k 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 (4.6%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE COPIAH COUNTY PUBLIC BENEFIT CORPORATION IS ORGANIZED AND SHALL AT ALL TIMES BE OPERATED FOR PURPOSES OF PROMOTING AND ASSISTING COPIAH COUNTY MEDICAL CENTER, A MISSISSIPPI NOT-FOR-PROFIT COMMUNITY HOSPITAL CREATED AND OWNED BY COPIAH COUNTY, MISSISSIPPI, WITH THE DEVELOPMENT OF THE HOSPITAL FACILITY AND RAISING OF FUNDS FOR THE OPERATION OF HEALTH CARE RELATED SERVICES TO BENEFIT THE HEALTH AND WELLNESS OF THE CITIZENS OF THE COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COPIAH COUNTY PUBLIC BENEFIT CORPORATION IS LEASING THE HOSPITAL TO COPIAH COUNTY MEDICAL CENTER TO SUPPORT COPIAH COUNTY MEDICAL CENTER'S MISSION OF PROVIDING PRIMARY HEALTHCARE SERVICES FOR AREA RESIDENTS, THROUGH THE MEDIUM OF MANAGING AND OPERATING THE HOSPITAL AND COPIAH COUNTY MEDICAL CENTER'S PROGRAMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Hall Director | Trustee | 5 | $0 |
Dr William Morgan Chairman | Trustee | 5 | $0 |
Lloyd Pat Moreland Director | Trustee | 5 | $0 |
Bryan Stevens Vice Chairman | Trustee | 5 | $0 |
Arthur Lee Evans Jr Director | Trustee | 5 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $976,485 |
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 | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $976,485 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $638,486 |
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 | $9,545 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $9,719 |
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 | $194,499 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,087,613 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $1,939,862 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $285,204 |
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 | $10,107,849 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $10,393,053 |
Accounts payable and accrued expenses | $11,347 |
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 | $17,100,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $17,111,347 |
Net assets without donor restrictions | -$6,718,294 |
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 | $10,393,053 |
Organization Name | Assets | Revenue |
---|---|---|
Trustmark Corporation And Subsidiaries Medical Benefits Plan Jackson, MS | $3,860,668 | $18,984,113 |
Montgomery Baptist Outreach Services Corporation Montgomery, AL | $20,272,262 | $12,064,663 |
Mississippi State University Educational Building Corporation Missisippi State, MS | $345,604,158 | $16,366,122 |
Baptist Memorial Health Care Foundation Memphis, TN | $704,887,527 | $54,101,503 |
Conway Regional Hospital Employees Medical Trust Conway, AR | $4,792,680 | $16,387,089 |
Lsu Health Foundation New Orleans New Orleans, LA | $163,045,964 | $16,219,820 |
Le Bonheur Childrens Hospital Foundation Memphis, TN | $96,675,707 | $25,710,554 |
St Luke Foundation Mccomb, MS | $33,823,952 | $17,739,199 |
Alabama Childrens Hospital Foundation Birmingham, AL | $1,336,728,368 | $67,689,862 |
Plumbers & Steamfitters Local Union No 760 Muscle Shoals, AL | $23,698,827 | $13,600,813 |
Plumbers And Pipefitters L U 572 Health And Welfare Fund Goodlettsville, TN | $19,730,789 | $13,559,404 |
Mesa Associates Group Health Employee Benefit Plan And Trust Madison, AL | $0 | $9,806,001 |