Memorial Health Systems Inc
- Assets
- $0.0
- Revenue
- $77.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Daytona Beach, FL
- Founding
- 05/1977
- Data as of
- 12/2021
- EIN
- 59-1721962
Organization Overview
Memorial Health Systems Inc, operating under the name Florida Hospital Memorial Medical Center Auxiliary, is located in Daytona Beach, FL. The organization was established in 1977. 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. Florida Hospital Memorial Medical Center Auxiliary 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, Florida Hospital Memorial Medical Center Auxiliary generated $77.8k 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 (9.1%) each year. All expenses for the organization totaled $306.3k 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
FUND RAISING AND VOLUNTEER ACTIVITY FOR SUPPORTED HOSPITAL
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AUXILIARY IS A VOLUNTEER ORGANIZATION OPERATING FOR THE BENEFIT OF MEMORIAL HEALTH SYSTEMS, INC. AND ITS PATIENTS.
PINKADILLY IS A THRIFT SHOP SUPPORTING MEMORIAL HEALTH SYSTEMS, INC. AND ITS PATIENTS. THE SHOP SELLS ITEMS DONATED BY THE PUBLIC. ANY EXCESS REVENUE IS TRANSFERRED TO THE GENERAL FUND FOR A CONTRIBUTION TO THE HOSPITAL.
THE GIFT SHOP OPERATES AT THE ORGANIZATION'S SUPPORTED HOSPITAL AND IS FOR THE CONVENIENCE OF THE HOSPITAL'S PATIENTS, EMPLOYEES, AND VISITORS. EARNINGS ARE TRANSFERRED TO A GENERAL FUND FOR CONTRIBUTION TO THE HOSPITAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hornak Bob President | OfficerTrustee | 3.65 | $0 |
Begin Lucia General & Gift Shop Treasu | OfficerTrustee | 1.92 | $0 |
Bishop James Personnel Secretary | OfficerTrustee | 0.92 | $0 |
Carter Linda Cancer Institute Chair /vp | OfficerTrustee | 0.23 | $0 |
Eaton Florence Corresponding Secretary | OfficerTrustee | 0.33 | $0 |
Eaton Judith Recording Secretary | OfficerTrustee | 0.31 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $35 |
| 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 | $35 |
| Total Program Service Revenue | $23,005 |
| Investment income | $7 |
| 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 | $54,756 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $77,803 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $250,913 |
| 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 | $1,385 |
| Advertising and promotion | $0 |
| Office expenses | $9,062 |
| Information technology | $1,710 |
| Royalties | $0 |
| Occupancy | $20,928 |
| Travel | $6,500 |
| 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 | $10,208 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $306,306 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Memorial Health Systems Inc has awarded $109,054 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Daytona Beach, FL PURPOSE: GENERAL SUPPORT | $100,000 |
Daytona Beach, FL PURPOSE: GENERAL SUPPORT | $9,054 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wellstar Atlanta Medical Center Inc Marietta, GA | $0 | $67,312,967 |
Russell Hospital Corporation Alexander City, AL | $200,974,308 | $111,392,517 |
Mariners Hospital Inc Tavernier, FL | $48,033,960 | $113,328,759 |
Baptist Medical Center Of Nassau I Nc Jacksonville, FL | $163,233,479 | $82,875,770 |
Stephens County Hospital Authority Toccoa, GA | $31,750,136 | $50,289,631 |
Bacon County Health Services Inc Alma, GA | $58,017,559 | $55,115,427 |
Donalsonville Hospital Inc Donalsonville, GA | $42,317,264 | $44,552,738 |
Taylor Regional Hospital Hawkinsville, GA | $27,030,419 | $40,495,793 |
Good Samaritan Hospital Inc Greensboro, GA | $59,786,458 | $36,297,937 |
Chatuge Regional Hospital Inc Hiawassee, GA | $18,176,211 | $37,180,775 |
Fishermens Health Inc Marathon, FL | $36,340,894 | $29,680,090 |
Baker County Medical Services Inc Macclenny, FL | $43,060,539 | $33,154,487 |