Pineywoods Medical Development Corporation
- Assets
- $22.7m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Lufkin, TX
- Founding
- 08/1994
- Data as of
- 06/2021
- EIN
- 75-2493116
Organization Overview
Pineywoods Medical Development Corporation is located in Lufkin, TX. The organization was established in 1994. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pineywoods Medical Development Corporation 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 06/2021, Pineywoods Medical Development Corporation generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 34.2% each year . All expenses for the organization totaled $2.5m during the year ending 06/2021. While expenses have increased by 9.3% per year over the past 6 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
THE ORGANIZATION PROVIDES AND MAINTAINS PROPERTY FOR LEASE TO HEALTHCARE PROVIDERS IN THE EAST TEXAS AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO MAINTAIN THE PROPERTY OWNED BY THE PINEYWOODS MEDICAL DEVELOPMENT CORPORATION FOR HEALTH CARE PROVIDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leslie Leach President | OfficerTrustee | 1 | $0 |
Ray Baldwin President | OfficerTrustee | 1 | $0 |
David Hearne Secretary | Officer | 1 | $0 |
Monte Bostwick Market CEO | Officer | 1 | $0 |
Shelli Brooks Market CFO | Officer | 1 | $0 |
S Henderson III Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lincoln Harris Csg Management Services | 6/29/16 | $158,672 |
J E Kingham Construction Co Construction Services | 6/29/16 | $109,563 |
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 | $1,774,261 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,774,261 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,752 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,000 |
| Advertising and promotion | $0 |
| Office expenses | $3,888 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,266,178 |
| Travel | $136 |
| 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 | $54,983 |
| Insurance | $5,000 |
| All other expenses | $0 |
| Total functional expenses | $2,549,178 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $288,913 |
| 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 | $957,711 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $21,453,578 |
| Total assets | $22,700,202 |
| Accounts payable and accrued expenses | $12,238 |
| 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 | $35,447,441 |
| Total liabilities | $35,459,679 |
| Net assets without donor restrictions | -$12,759,477 |
| 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 | $22,700,202 |
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|---|---|---|
Imagine Enterprises Seabrook, TX | $1,203,317 | $11,528,305 |
Arrow Child & Family Ministries Spring, TX | $11,244,936 | $6,691,288 |
Generous Life Foundation Dallas, TX | $227,520 | $6,078,199 |
Community Development Support Association Inc 2615 E Randolph Enid, OK | $10,236,786 | $3,375,382 |
Community Association Of Harmony Inc Houston, TX | $4,260,670 | $4,297,556 |
Oklahoma Center For Nonprofits Inc Oklahoma City, OK | $13,693,214 | $8,581,914 |
Pineywoods Medical Development Corporation Lufkin, TX | $22,700,202 | $1,774,261 |
Campus Of The San Antonio Jewish Community San Antonio, TX | $7,978,505 | $1,536,775 |
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Grassroots Leadership Inc Austin, TX | $2,696,071 | $2,284,839 |
Center For Nonprofit Management Dallas, TX | $1,900,606 | $1,662,736 |
Assistance Center Of Collin County Inc Plano, TX | $476,769 | $1,344,937 |