Wilson N Jones Memorial Hospital Foundation
- Assets
- $14.8m
- Revenue
- $332.3k
- Investments
- $14.2m
- Employees
- 0
- Location
- Sherman, TX
- Founding
- 04/1991
- Data as of
- 12/2022
- EIN
- 75-2357818
Organization Overview
Wilson N Jones Memorial Hospital Foundation is located in Sherman, TX. The organization was established in 1991. 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. Wilson N Jones Memorial Hospital 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 12/2022, Wilson N Jones Memorial Hospital Foundation generated $332.3k 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 (32.5%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Wilson N Jones Memorial Hospital Foundation has awarded 84 individual grants totaling $4,387,493. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darold Chip Adami Jr President | 1 | $0 | |
Brock Benson Secretary | 1 | $0 | |
Juston Dobbs Director | 1 | $0 | |
Pat Flynn Director | 1 | $0 | |
David Fourier Director | 1 | $0 | |
Tom Kyle Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $547,300 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$215,014 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $332,286 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,518 |
| Total operating and administrative expenses | $132,053 |
| Contributions, gifts, grants paid | $948,000 |
| Total expenses and disbursements | $1,080,053 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $501,669 |
| Savings and temporary cash investments | $138,460 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $851,791 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $14,807,922 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Wilson N Jones Memorial Hospital Foundation has awarded $948,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUBS SHERMAN PURPOSE: GENERAL | $75,000 |
CHILD AND FAMILY GUIDANCE CTR PURPOSE: GENERAL | $100,000 |
FAMILY PROMISE GRAYSON COUNTY PURPOSE: GENERAL | $35,000 |
FOUR RIVERS OUTREACH PURPOSE: GENERAL | $40,000 |
GRAYSON CO CHILDRENS ADVOCACY CTR PURPOSE: GENERAL | $25,000 |
GREATER TEXOMA HEALTH CLINIC PURPOSE: GENERAL | $200,000 |