Anderson Support And Development Foundation Inc
- Assets
- $4.2m
- Revenue
- $267.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Meridian, MS
- Founding
- 08/1986
- Data as of
- 12/2021
- EIN
- 64-0730109
Organization Overview
Anderson Support And Development Foundation Inc is located in Meridian, MS. The organization was established in 1986. 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. Anderson Support And Development 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 12/2021, Anderson Support And Development Foundation Inc generated $267.8k 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 (6.9%) each year. All expenses for the organization totaled $185.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Anderson Support And Development Foundation Inc has awarded 14 individual grants totaling $7,914,439. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF AND PURPOSES OF JARMC, MERIDIAN COMMUNITY COLLEGE, AND OTHER SUPPORTED CHARITIES AS DECIDED BY THE BOARD OF DIRECTORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO JEFF ANDERSON REGIONAL CENTER
GRANTS TO MERIDIAN COMMUNITY COLLEGE
GRANTS TO OTHER 501(C)3 ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Anderson President | OfficerTrustee | 15 | $35,000 |
Shawn Anderson Vice President | OfficerTrustee | 10 | $0 |
Kathy Brookshire Secretary | OfficerTrustee | 1 | $0 |
Mark Mcphail Asst. Treasurer | OfficerTrustee | 1 | $0 |
Lou Ann Barnett Director | Trustee | 1 | $0 |
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 | $121,373 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $146,379 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $267,752 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $132,231 |
| 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. | $35,000 |
| Compensation of current officers, directors, key employees. | $35,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,118 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,492 |
| 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 | $185,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,508 |
| Savings and temporary cash investments | $101,740 |
| 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 | $4,053,046 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,182,294 |
| 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 | $4,182,294 |
| 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 | $4,182,294 |
Grants Awarded
Over the last fiscal year, Anderson Support And Development Foundation Inc has awarded $132,230 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Meridian, MS PURPOSE: MEDICALMEDICAL | $117,649 |
Meridian, MS PURPOSE: HEALTH INITIATIVEHEALTH INITIATIVEHEALTH INITIATIVE | $8,225 |
Meridian, MS PURPOSE: EDUCATION | $6,356 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cumberland Medical Center Inc Knoxville, TN | $90,595,447 | $102,035,662 |
Russell Hospital Corporation Alexander City, AL | $200,974,308 | $111,392,517 |
Baptist Memorial Hospital Union County Inc New Albany, MS | $42,538,210 | $93,451,151 |
Nmc Services Inc Springfield, TN | $98,763,260 | $80,174,862 |
Our Lady Of The Lake Ascension Community Hospital D/B/A St Elizabeth Hospital Gonzales, LA | $0 | $78,039,267 |
Arkansas Methodist Hospital Corporation Paragould, AR | $77,904,998 | $67,012,141 |
Arkansas Childrens Northwest Inc Little Rock, AR | $198,332,902 | $80,328,935 |
Sweetwater Hospital Association Sweetwater, TN | $100,982,739 | $59,985,704 |
Centerstone Of Florida Inc Nashville, TN | $26,046,566 | $55,848,870 |
Jennings American Legion Hospital Inc Jennings, LA | $51,130,719 | $52,884,706 |
West Louisiana Health Services Inc DeRidder, LA | $16,426,615 | $49,100,434 |
Norton Community Hospital Inc Johnson City, TN | $0 | $44,059,462 |