Conway Hospital Foundation Inc
- Assets
- $6.4m
- Revenue
- $355.9k
- Investments
- $25.5k
- Employees
- 0
- Location
- Conway, SC
- Founding
- 03/1989
- Data as of
- 09/2021
- EIN
- 57-0870199
Organization Overview
Conway Hospital Foundation Inc is located in Conway, SC. The organization was established in 1989. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, 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. Conway Hospital Foundation 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 09/2021, Conway Hospital Foundation Inc generated $355.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $303.6k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (9.1%) per year over the past 6 years. 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
FUND RAISING FOR ADVANCEMENT OF HEALTH CARE OBJECTIVES OF CONWAY HOSPITAL, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FINANCIAL ASSISTANCE FOR HOSPITAL PROJECTS RELATED TO NURSING, SCHOLARSHIPS, COMMUNITY OUTREACH, MATERNAL/CHILD CARE AND HEALTH REACH SERVICES FOR THE UNDERPRIVILEGED THROUGH CONWAY HOSPITAL, INC. AND AFFILIATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bret Barr President | OfficerTrustee | 1 | $0 |
Robert Hucks Chairman | OfficerTrustee | 1 | $0 |
Christy Everette Vice Chairman | OfficerTrustee | 1 | $0 |
Justin Roof Secretary | OfficerTrustee | 1 | $0 |
Brian Argo Treasurer | Officer | 1 | $0 |
Dr Srinivas Vuppala Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $211,954 |
| Related organizations | $76,878 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $252,175 |
| Noncash contributions included in lines 1a–1f | $80,261 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $541,007 |
| Total Program Service Revenue | $0 |
| Investment income | $121,642 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$242,215 |
| Net Income from Fundraising Events | -$64,500 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $355,934 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $261,568 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,719 |
| Advertising and promotion | $0 |
| Office expenses | $2,297 |
| 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 | $303,584 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $258,275 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $278,501 |
| 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 | $5,843,888 |
| Investments—other securities | $25,500 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,819 |
| Total assets | $6,425,983 |
| Accounts payable and accrued expenses | $13 |
| 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 | $13 |
| Net assets without donor restrictions | $2,119,089 |
| Net assets with donor restrictions | $4,306,881 |
| 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 | $6,425,983 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Conway Hospital Foundation Inc has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $2,500 |
Endowment Analysis
| Beg. Balance | $5,087,278 |
| Earnings | $937,342 |
| Net Contributions | $369,502 |
| Other Expense | $259,792 |
| Ending Balance | $6,134,330 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wellstar Atlanta Medical Center Inc Marietta, GA | $0 | $67,312,967 |
Roper St Francis Mount Pleasant Hospital Ladson, SC | $153,353,637 | $99,781,378 |
Randolph Hospital Inc Asheboro, NC | $0 | $81,442,252 |
Medical Park Hospital Llc Winston Salem, NC | $421,344,895 | $99,381,324 |
Murphy Medical Center Inc Murphy, NC | $53,187,250 | $64,166,797 |
Mcleod Health Clarendon Florence, SC | $34,703,009 | $59,352,245 |
Stephens County Hospital Authority Toccoa, GA | $31,750,136 | $50,289,631 |
Chatham Hospital Inc Siler City, NC | $25,669,520 | $44,313,104 |
Mcleod Medical Center Dillon Florence, SC | $110,037,034 | $57,500,256 |
Bacon County Health Services Inc Alma, GA | $58,017,559 | $55,115,427 |
Ashe Memorial Hospital Inc Jefferson, NC | $27,570,450 | $45,501,677 |
Little River Medical Center Inc Little River, SC | $31,499,464 | $44,441,557 |