Halifax Medical Center Foundation Inc is located in Daytona Beach, FL. The organization was established in 1989. 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. Halifax Medical Center 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, Halifax Medical Center Foundation Inc generated $4.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $920.6k during the year ending 09/2021. 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 HMC FOUNDATION WAS ESTABLISHED TO DEVELOP PHILANTROPIC FUNDS FOR HALIFAX MEDICAL CENTER BY GENERATING A HIGH LEVEL OF UNDERSTANDING IN THE COMMUNITY REGARDING THE NEED FOR GIFT GIVING AND INVOLVING THE COMMUNITY IN FINANCIALLY SUPPORTING THE MEDICAL CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMS ARE ORGANIZED IN AN EFFORT TO OBTAIN DONATIONS AND CONTRIBUTIONS FOR HALIFAX MEDICAL CENTER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michelle Carter President | Officer | 5 | $0 |
Kathleen Dulko Treasurer | Officer | 5 | $0 |
Matt Gable Assistant Se | Officer | 5 | $0 |
Charlene Greer Secretary | Officer | 5 | $0 |
Charlie Lydecker Vice Preside | Officer | 5 | $0 |
Joe Petrock Executive Di | Officer | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $126,801 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,570,591 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,697,392 |
Total Program Service Revenue | $0 |
Investment income | $678,056 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $2,033,483 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,408,931 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $370,625 |
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 | $113,398 |
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 | $0 |
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 | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $920,583 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,022,351 |
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 | $51,653,794 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $5,671,242 |
Total assets | $59,347,387 |
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 | $1,714,426 |
Total liabilities | $1,714,426 |
Net assets without donor restrictions | $51,961,719 |
Net assets with donor restrictions | $5,671,242 |
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 | $59,347,387 |
Over the last fiscal year, we have identified 4 grants that Halifax Medical Center Foundation Inc has recieved totaling $134,000.
Awarding Organization | Amount |
---|---|
Motorsports Charities Inc Daytona Beach, FL PURPOSE: PROGRAM SUPPORT | $101,000 |
Jeep Beach Inc Ormond Beach, FL PURPOSE: GENERAL SUPPORT | $20,000 |
American Cancer Society Inc Kennesaw, GA PURPOSE: Patient Support | $12,500 |
John N & Kathleen S Macdonough Foundation Inc Clayton, MO PURPOSE: FURTHER EXEMPT PURPOSE | $500 |
Organization Name | Assets | Revenue |
---|---|---|
Capstone Health Services Foundation P C Tuscaloosa, AL | $29,375,344 | $27,823,379 |
St Anthonys Professional Buildings & Services Inc Tampa, FL | $66,592,493 | $24,044,105 |
Houston Healthcare System Inc Warner Robins, GA | $2,831,389 | $10,479,781 |
Montgomery Baptist Outreach Services Corporation Montgomery, AL | $20,272,262 | $12,064,663 |
West Florida Health Home Care Inc Temple Terrace, FL | $9,306,071 | $17,546,584 |
West Georgia Health Foundation Inc Marietta, GA | $8,141,093 | $4,609,093 |
Mount Sinai Medical Center Foundation Inc Miami Beach, FL | $381,873,831 | $56,255,268 |
Baptist Health System Foundation Inc Jacksonville, FL | $315,907,780 | $49,455,199 |
Harry-Anna Investment Fund Inc Umatilla, FL | $366,026,272 | $19,311,670 |
Morton Plant Mease Health Care Foundation Inc Clearwater, FL | $126,171,724 | $8,632,525 |
Ufcw & Employers Health & Welfare T Rust Fund Pembroke Pines, FL | $22,540,829 | $18,806,803 |
Lakeland Regional Medical Center Foundation Inc Lakeland, FL | $42,454,148 | $10,633,675 |