Medical Park Foundation Inc

Organization Overview

Medical Park Foundation Inc is located in Lagrange, GA. The organization was established in 1978. 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. Medical Park 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 06/2024, Medical Park Foundation Inc generated $683.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $33.0k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT OF WEST GEORGIA MEDICAL CENTER, INC. D/B/A/ WELLSTAR WEST GEORGIA MEDICAL CENTER

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEDICAL PARK FOUNDATION, INC, IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) BECAUSE THE ACCUMULATED INCOME OF THE FOUNDATION IS RESTRICTED IN SUPPORT OF WEST GEORGIA MEDICAL CENTER D/B/A WELLSTAR WEST GEORGIA MEDICAL CENTER.


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Board, Officers & Key Employees

Name (title)Compensation
Paul S Penn III
President/di
$0
Charles Hudson Jr
Vice Preside
$0
Coleman Foss
Secretary/tr
$0
John C Mckibben
Director
$0
Joel Upchurch
Director
$0
Ellen Harris
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Dixie Plumbing Services Llc Dixie Plumbing Services Llc
Plumbing
$658,333
Mjr Solutions Llc Mjr Solutions Llc
Roofing
$122,646
View All Vendors

Financial Statements

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$0
Investment income $19,419
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $50,027
Net Gain/Loss on Asset Sales $28,820
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $683,773

Grants Awarded

Over the last fiscal year, Medical Park Foundation Inc has awarded $69,481 in support to 2 organizations.

Grant RecipientAmount

WEST GEORGIA MEDICAL CENTER INC

PURPOSE: TO SUPPORT THE WEST GEORGIA MEDICAL CENTER, INC.

$50,000

WEST GEORGIA MEDICAL CENTER INC

PURPOSE: TO PROVIDED ADDITIONAL FUNDING TO THE WEST GEORGIA MEDICAL CENTER, INC.'S SIMS SCHOLARSHIP FUND.

$19,481
View Grant Profile

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