Tennessee Medical Foundation
- Assets
- $855.8k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Brentwood, TN
- Founding
- 08/1955
- Data as of
- 12/2021
- EIN
- 62-0541813
Organization Overview
Tennessee Medical Foundation is located in Brentwood, TN. The organization was established in 1955. 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. Tennessee Medical 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, Tennessee Medical Foundation generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 1.7% per year over the past 7 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PHYSICIANS HEALTH PROGRAM ASSISTS PHYSICIANS IMPAIRED BY MENTALEMOTIONAL ILLNESS CHEMICAL DEPENDENCY OR BOTH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy P Davis MD Past President | 2 | $0 | |
Martin Akin Treasurer | 2 | $0 | |
JD Rosdeutscher MD Director | 1 | $0 | |
Clay W Runnels MD Vice President | 2 | $0 | |
Subhi D Ali MD Director | 1 | $0 | |
Eric W Berg MD Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,321,014 |
| Interest on Savings | $233 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $143,970 |
| Total Revenue | $1,465,217 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $94,092 |
| Other employee salaries and wages | $627,343 |
| Pension plans, employee benefits | $79,584 |
| Interest | $0 |
| Taxes | $45,359 |
| Depreciation | $0 |
| Occupancy | $63,259 |
| Travel, conferences, and meetings | $20,519 |
| Printing and publications | $16,092 |
| Other expenses | $165,259 |
| Total operating and administrative expenses | $1,140,574 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,140,574 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $696,801 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $61,603 |
| Net Pledges Receivable | $0 |
| Grants receivable | $81,561 |
| 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 | $11,255 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $4,573 |
| Other assets | $0 |
| Total assets | $855,793 |
| Accounts payable and accrued expenses | $7,163 |
| 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 | $7,163 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Tennessee Medical Foundation has recieved totaling $158,005.
| Awarding Organization | Amount |
|---|---|
Tennessee Medical Association Nashville, TN | | $105,005 |
Hca Healthcare Foundation Nashville, TN PURPOSE: OPERATIONAL FUNDING REQUEST | $25,000 |
Memorial Foundation Inc Hendersonville, TN PURPOSE: TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY | $15,000 |
Max & Victoria Dreyfus Foundation Washington, DC PURPOSE: PHYSICIAN'S HEALTH PROGRAM | $10,000 |
Sree Charitable Foundation Tr Clarksville, TN PURPOSE: EDUCATIONAL | $2,000 |
Fred And Gertrude Perlberg Foundation Inc Henniker, NH PURPOSE: UNRESTRICTED | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Construction Industry Of Kansas Health & Welfare Trust Fund Agreem Lexington, KY | $4,313,780 | $19,547,175 |
Houston Healthcare System Inc Warner Robins, GA | $2,831,389 | $10,479,781 |
Trustmark Corporation And Subsidiaries Medical Benefits Plan Jackson, MS | $3,860,668 | $18,984,113 |
Montgomery Baptist Outreach Services Corporation Montgomery, AL | $20,272,262 | $12,064,663 |
Mississippi State University Educational Building Corporation Missisippi State, MS | $345,604,158 | $16,366,122 |
Cmc Foundation Of Central Texas St Louis, MO | $62,748,063 | $28,416,525 |
Baptist Memorial Health Care Foundation Memphis, TN | $704,887,527 | $54,101,503 |
Saint Lukes Foundation Kansas City, MO | $267,580,144 | $14,180,351 |
West Georgia Health Foundation Inc Marietta, GA | $8,141,093 | $4,609,093 |
Conway Regional Hospital Employees Medical Trust Conway, AR | $4,792,680 | $16,387,089 |
Sheltering Arms Foundation Mechanicsville, VA | $205,278,403 | $11,542,533 |
Childrens Hospital Foundation Louisville, KY | $121,952,447 | $19,774,743 |