Medical Center Health System

Organization Overview

Medical Center Health System is located in Odessa, TX. The organization was established in 1963. 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. Medical Center Health System 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 09/2022, Medical Center Health System generated $110.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $38.8k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (16.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

DONATIONS OF EQUIPMENT, FURNITURE AND FIXTURES TO MEDICAL CENTER HEALTH SYSTEM AND RELATED ACTIVITIES (SUPPORT OF MEDICAL CENTER HEALTH SYSTEM IS THE ORGANIZATION'S PRIMARY FUNCTION.)

Describe the Organization's Program Activity:

Part 3 - Line 4a

VENDING & POPCORN SALES - PROCEEDS FROM THESE SALES ARE USED TO MAKE APPROVED EQUIPMENT PURCHASES FOR MEDICAL CENTER HEALTH SYSTEM.


MEMBERSHIP DUES, WITHOUT DONOR RESTRICTED MEMORIAL FUNDS, DONATIONS & SCHOLARSHIPS MEMORIAL CONTRIBUTIONS (NET OF MEMORIAL PLAQUE EXPENDITURES), FUNDRAISING, VENDING COMMISSION AND OTHER MISCELLANEOUS DONATIONS ARE USED TO PROVIDE BENEFITS THROUGH CONTRIBUTIONS TO CHILDREN'S MIRACLE NETWORK & MEDICAL CENTER HEALTH SYSTEM. OTHER DONATIONS AND FUNDRAISING MONIES ARE USED TO PROVIDE SCHOLARSHIPS TO QUALIFYING EDUCATIONAL FACILITIES AND STUDENTS IN AN EFFORT TO ASSIST WITH THE COSTS OF OBTAINING A HEALTHCARE DEGREE.


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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$671
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$671
Total Program Service Revenue$35,565
Investment income $67,673
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $2,328
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $4,651
Miscellaneous Revenue$0
Total Revenue $110,888

Grants Awarded

Over the last fiscal year, Medical Center Health System has awarded $115,000 in support to 2 organizations.

Grant RecipientAmount

MEDICAL CENTER HOSPITAL

PURPOSE: HOSPITAL OPERATIONS

$100,000

MCH CHILDRENS MIRACLE NETWORK

PURPOSE: HOSPITAL OPERATIONS

$15,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Medical Center Health System has recieved totaling $160,000.

Awarding OrganizationAmount
Pink The Basin

Midland, TX

PURPOSE: MEDICAL TREATMENT

$160,000
View Grant Recipient Profile

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