Pendleton Memorial Methodist Hospital
- Assets
- $1.7m
- Revenue
- $56.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Slidell, LA
- Founding
- 12/1964
- Data as of
- 12/2023
- EIN
- 72-0563965
Organization Overview
Pendleton Memorial Methodist Hospital is located in Slidell, LA. The organization was established in 1964. 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. Pendleton Memorial Methodist Hospital 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 12/2023, Pendleton Memorial Methodist Hospital generated $56.0k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 23.7% each year . All expenses for the organization totaled $95.5k during the year ending 12/2023. While expenses have increased by 13.8% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PMMH ACTIVITY CONSISTS OF THE ORDERLY CONCLUSION OF ITS CHARITABLE ACTIVITIES AND IS IN THE PROCESS OF DISSOLUTION. REMAINING CASH AND ASSETS WILL BE CONTRIBUTED/DISTRIBUTED TO METHODIST HEALTH SYSTEM FOUNDATION, INC., A RELATED 501(C)(3) PUBLIC CHARITY. THE OPERATIONS OF THE PMMH ARE PURSUANT TO THE IRS RULING DATED SEPTEMBER 27, 2004.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick E Mottram Chairman | 1 | $0 | |
Wendy M Beron Vice Chairman | 1 | $0 | |
Frederick C Young Jr Secretary | 1 | $0 | |
Paul R Page Treasurer | 1 | $0 | |
Patrick M Gibbs Past Chair | 1 | $0 | |
Donald E Pate Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $55,549 |
| 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 | $496 |
| Total Revenue | $56,045 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $3,548 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,740 |
| Total operating and administrative expenses | $15,538 |
| Contributions, gifts, grants paid | $80,000 |
| Total expenses and disbursements | $95,538 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,376,516 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| 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 | $2,500 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $358,940 |
| Total assets | $1,737,956 |
| Accounts payable and accrued expenses | $159,725 |
| 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 | $159,725 |