Marshall Hospital Foundation
- Assets
- $202.2k
- Revenue
- $35.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Marshall, TX
- Founding
- 02/1997
- Data as of
- 06/2022
- EIN
- 75-2605699
Organization Overview
Marshall Hospital Foundation is located in Marshall, TX. The organization was established in 1997. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marshall 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 06/2022, Marshall Hospital Foundation generated $35.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 31.3% each year . All expenses for the organization totaled $403.0 during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION WAS FORMED TO IMPROVE AND ENHANCE THE AVAILABILITY OF HEALTH CARE SERVICES AND WELLNESS PROGRAMS IN HARRISON COUNTY, TEXAS AND THE SURROUNDING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MARSHALL HOSPITAL FOUNDATION IS A 501( C)(3) CHARITABLE FOUNDATION THAT WAS FOUNDED IN 1995. THE PEOPLE OF HARRISON COUNTY AND THE SURROUNDING AREA DESERVE QUALITY MEDICAL RESOURCES. THROUGH A BROAD-BASED PROGRAM OF FUNDING, THE FOUNDATION EXISTS TO PROMOTE GROWTH OF THE MEDICAL CENTER. THE BOARD'S MISSION OF MARSHALL HOSPITAL FOUNDATION IS TO PROVIDE SUPPORT FOR GOOD SHEPHERD MEDICAL CENTER-MARSHALL BY GENERATING, SOLICITING AND RECEIVING FUNDS, GIFTS, AND BEQUESTS THAT ASSIST IN CARRYING OUT BENEFICIAL HEALTH CARE ACTIVITIES AS GSMC MARSHALL. MARSHALL HOSPITAL FOUNDATION IS TO SUPPORT GOOD SHEPHERD MEDICAL CENTER-MARSHALL IN ITS EFFORTS TO IMPROVE THE HEALTH AND MEDICAL SERVICES OF CASS AND MARION COUNTY COMMUNITIES. THE FOUNDATION PROVIDES ASSISTANCE WITH THE RESOURCES AVAILABLE FOR THE MAINTENANCE AND IMPROVEMENT OF THE MEDICAL CENTER'S CURRENT FACILITIES AND SERVICES. THE MARSHALL HOSPITAL FOUNDATION IS A 501( C)(3) CHARITABLE INSTIUTION GOVERNED BY A BOARD OF TRUSTEES COMMITTED TO: - RECEIVING AND MAINTAINING FUNDS FOR MEETING THE HEALTHCARE NEEDS OF THE RESIDENTS OF OUR AREA. - SUPPORTING MEDICAL EDUCATION THROUGH THE POLLY CARGILL NURSING SCHOLARSHIP. - ENGAGING IN GENERAL HEALTHCARE INSTRUCTION TO THE GENERAL PUBLIC. - APPLYING FOR GRANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Hancock President/ceo | OfficerTrustee | 1 | $0 |
Susan Ward Exec. Dir. | Officer | 5 | $0 |
Ricky Paul MD Director (thru 12/2017) | 1 | $0 | |
Christina Anderson Vice Chair | OfficerTrustee | 0 | $0 |
Glen Bickerdike Director | Trustee | 1 | $0 |
Brenda Brown 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 | $34,700 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,700 |
| Total Program Service Revenue | $0 |
| Investment income | $734 |
| 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 | $35,434 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $40 |
| 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 | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $28 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $135 |
| 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 | $200 |
| Total functional expenses | $403 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,085 |
| Savings and temporary cash investments | $168,159 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $202,244 |
| Accounts payable and accrued expenses | $1,867 |
| 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 | $1,867 |
| Net assets without donor restrictions | $175,880 |
| Net assets with donor restrictions | $24,497 |
| 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 | $202,244 |