Carenet Pregnancy Medical Center
- Assets
- $532.4k
- Revenue
- $321.3k
- Investments
- $0.0
- Employees
- 7
- Location
- Dickson, TN
- Founding
- 01/1995
- Data as of
- 12/2021
- EIN
- 62-1576786
Organization Overview
Carenet Pregnancy Medical Center is located in Dickson, TN. The organization was established in 1995. According to its NTEE Classification (E40) the organization is classified as: Reproductive Health Care, under the broad grouping of Health Care and related organizations. As of 12/2021, Carenet Pregnancy Medical Center employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carenet Pregnancy Medical Center 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, Carenet Pregnancy Medical Center generated $321.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $242.7k during the year ending 12/2021. While expenses have increased by 4.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ACCURATE EDUCATIONAL INFORMATION ABOUT PREGNANCY, FETAL DEVELOPMENT, LIFESTYLE ISSUES AND RELATED CONCERNS. EMPOWERING INDIVIDUALS TO MAKE AN INFORMED CHOICE ABOUT THEIR PREGNANCY AND SEXUAL HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLIENT SUPPORT- OFFERS INFORMATION RELATING TO PREGNANCY CARE AND SERVICES RENDERED BY THE CENTER TO AREA WOMEN.
MEDICAL PROGRAM- OFFERS AREA WOMEN FREE LIMITED ULTRASOUND SERVICES TO DIAGNOSE PREGNANCY AND FREE PREGNANCY TESTING.
M.A.R.Y. PROGRAM- OFFERS SOON-TO-BE MOTHERS INFORMATION, ASSISTANCE AND TRAINING IN CHILD CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Cole CEO | OfficerTrustee | 40 | $44,740 |
Craig Collie Vice Chair | OfficerTrustee | 0.5 | $0 |
Dani Bryson Chair | OfficerTrustee | 1 | $0 |
Carla Sullivan Secretary | OfficerTrustee | 1 | $0 |
Matthew Hiatt Treasurer | OfficerTrustee | 1 | $0 |
Cheryl Waters Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $6,200 |
| Related organizations | $0 |
| Government grants | $29,716 |
| All other contributions, gifts, grants, and similar amounts not included above | $214,002 |
| Noncash contributions included in lines 1a–1f | $52,986 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $249,918 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $101,510 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$30,121 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $321,307 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $44,740 |
| Compensation of current officers, directors, key employees. | $6,711 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $92,437 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,420 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,876 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $76 |
| Advertising and promotion | $12,988 |
| Office expenses | $11,641 |
| Information technology | $13,427 |
| Royalties | $0 |
| Occupancy | $10,070 |
| 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 | $11,068 |
| Insurance | $4,902 |
| All other expenses | $0 |
| Total functional expenses | $242,665 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $202,345 |
| 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 | $37,482 |
| Prepaid expenses and deferred charges | $3,116 |
| Net Land, buildings, and equipment | $289,433 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $532,376 |
| Accounts payable and accrued expenses | $4,867 |
| 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 | $4,867 |
| Net assets without donor restrictions | $515,991 |
| Net assets with donor restrictions | $11,518 |
| 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 | $532,376 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Carenet Pregnancy Medical Center has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Jackson Foundation Inc Dickson, TN PURPOSE: TO PURCHASE SUPPLIES NECESSARY FOR 2019-2020 TO OFFER PREGNANCY TESTS AND ULTRASOUNDS FREE OF CHARGE TO THE COMMUNITY. TO PAY FOR A 1 YEAR ULTRASOUND MACHINE LEASE. TO PURCHASES NEW FILING CABINETS FOR MEDICAL RECORDS. TO PURCHASE ULTRASOUND SUPPLIES, CLEANING SUPPLIES FOR ULTRASOUND ROOM AND NEW SHREDDER TO DISPOSE OF PAST CLIENT MEDICAL FILES, AS WELL AS CONTINUED EDUCATION FOR NURSES. | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hardin County Regional Health Center Savannah, TN | $28,908,704 | $22,587,319 |
Senior Total Life Care Gastonia, NC | $7,534,285 | $22,491,131 |
National Black Womens Health Project Inc Atlanta, GA | $16,123,584 | $12,513,831 |
Memphis Center For Reproductive Memphis, TN | $6,355,954 | $4,650,545 |
Care For Aids Inc Atlanta, GA | $3,012,964 | $5,467,316 |
Womens Birth & Wellness Center Inc Chapel Hill, NC | $2,686,952 | $4,333,742 |
Jacaranda Health Durham, NC | $6,496,873 | $7,607,376 |
Feminist Womens Health Center Inc Atlanta, GA | $2,939,107 | $3,929,658 |
Thrive St Louis Inc St Louis, MO | $2,959,065 | $3,905,192 |
Mississippi Foundation For Medical Care Inc Ridgeland, MS | $2,229,438 | $2,132,964 |
Gift Of Life Foundation Montgomery, AL | $1,503,780 | $2,226,976 |
Atlanta Birth Center Inc Atlanta, GA | $812,209 | $2,653,137 |