Giles Memorial Hospital Foundation
- Assets
- $855.2k
- Revenue
- $11.1k
- Investments
- $834.1k
- Employees
- 0
- Location
- Pearisburg, VA
- Founding
- 01/1990
- Data as of
- 12/2021
- EIN
- 54-1522205
Organization Overview
Giles Memorial Hospital Foundation is located in Pearisburg, VA. The organization was established in 1990. 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. Giles Memorial Hospital 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 12/2021, Giles Memorial Hospital Foundation generated $11.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $23.5k during the year ending 12/2021. While expenses have increased by 11.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Wagner Director | 1 | $0 | |
William Flattery Director/secr/treas | 1 | $0 | |
Richard Jennell Director | 1 | $0 | |
James Hartley Director | 1 | $0 | |
Priscilla Morris Director, Chair | 1 | $0 | |
Kristie Williams Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15 |
| Dividends & Interest | $10,855 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $205 |
| Capital Gain Net Income | $205 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,075 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $124 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $357 |
| Total operating and administrative expenses | $2,506 |
| Contributions, gifts, grants paid | $20,945 |
| Total expenses and disbursements | $23,451 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,893 |
| Savings and temporary cash investments | $14,242 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $834,095 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $855,230 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Giles Memorial Hospital Foundation has awarded $20,945 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CARILION GILES COMMUNITY HOSPITAL PURPOSE: CHARITABLE | $18,945 |
Union, WV PURPOSE: EDUCATION - SCHOLARSHIPS | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Potomac Healthcare Foundation Baltimore, MD | $18,480,223 | $9,146,627 |
Laborers Health & Safety Fund Of North America Washington, DC | $15,187,119 | $9,496,555 |
Forsyth Medical Center Foundation Winston Salem, NC | $87,707,112 | $11,824,054 |
Steamfitters Local Union No 614 Health And Welfare Fund Goodlettsville, TN | $7,419,659 | $7,338,245 |
Keswick Foundation Inc Baltimore, MD | $211,590,751 | $5,072,439 |
Foundation Of Firsthealth Inc Pinehurst, NC | $97,006,378 | $9,255,156 |
Alliance Of Community Health Plans Inc Washington, DC | $10,215,442 | $8,020,025 |
Plumbers And Steamfitters Union 10 Health And Welfare Fund Goodlettsville, TN | $14,693,700 | $8,210,089 |
Luminis Health Anne Arundel Medical Center Foundation Inc Annapolis, MD | $88,116,046 | $5,760,071 |
Teamsters Local 922 Employers Health Trust Columbia, MD | $4,956,292 | $7,287,362 |
Moses Cone-Wesley Long Community Health Foundation Inc Greensboro, NC | $128,321,235 | $23,346,538 |
Southeastern Pipetrades Health And Welfare Fund Goodlettsville, TN | $15,821,279 | $9,061,781 |