Fawcett Memorial Hospital Medical Staff Fund Inc
- Assets
- $191.8k
- Revenue
- $169.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Port Charlotte, FL
- Founding
- 09/2011
- Data as of
- 12/2022
- EIN
- 90-0725017
Organization Overview
Fawcett Memorial Hospital Medical Staff Fund Inc is located in Port Charlotte, FL. The organization was established in 2011. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fawcett Memorial Hospital Medical Staff Fund Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Fawcett Memorial Hospital Medical Staff Fund Inc generated $169.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 20.6% each year . All expenses for the organization totaled $136.5k during the year ending 12/2022. While expenses have increased by 20.4% per year over the past 4 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.
Since 2021, Fawcett Memorial Hospital Medical Staff Fund Inc has awarded 17 individual grants totaling $128,000. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES MONTHLY AND ANNUAL MEETINGS CONCERNING PHYSICIAN ISSUES, EDUCATION RECERTIFICATION PROGRAMS FOR ITS MEMBERS. THE FUND ALSO PROVIDES FOR EDUCATIONAL SCHOLARSHIPS AND DONATIONS TO QUALIFIED CHARITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PAGE 10 PART IX LINE 1 GRANTS SEE SCHEDULE I PART II, AND EXHIBIT A , PART II LISTS ALL ORGANIZATIONS THAT RECEIVED GRANT S OR OTHER ASSISTANCE
APPLICATIONS FROM STUDENTS FROM THE TWO LOCAL HIGH SCHOOLS WERE SUBMITTED FOR REVIEW AND CONSIDERATION. THE FOLLOWING SCHOLARSHIPS WERE AWARDED4 STUDENTS AT CHARLOTTE HIGH SCHOOL 5 STUDENTS FROM PORT CHARLOTTE HIGH SCHOOL. ALSO 1 SCHOLARSHIP WAS AWARDED TO A STUDENT ATTENDING CHARLOTTE TECHNICAL COLLEGE.SEE SCHEDULE I, PART III AND EXHIBIT B WHICH PROVIDES DETAILS RELATIVE TO STUDENTS AWARDED SCHOLARSHIPS.
THE FOLLOWING CONTINUING EDUCATION PROGRAMS WERE HELD FOR MEMBERS DURING 2022 UNDER PART IX PG 10 LINE 19 CONFERENCES AND MEETINGS FOR A TOTAL OF 6529.ANNUAL MEDICAL STAFF CME CONFERENCE HELD IN MAY AT THE ISLES YACHT CLUB,4254.. HEART CPR PROGRAM 2275.. PART IX, PG10, LINE 24 B ONLINE CONTINUING EDUCATION FOR MEMBERS COST 7707.PART IX LINE 5 COMPENSATION OF OFFICERS 2100, LINE 24D COMPENSATION TO MEMBERS FOR MEETINGS 4600.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alaina Hunt President Elect | Officer | 4 | $1,390 |
James Amontree Secretary | Officer | 4 | $710 |
Chairs And Members At Large See Listing | Trustee | 2 | $0 |
Doris Hayes President | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $168,825 |
| 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 | $168,825 |
| Total Program Service Revenue | $0 |
| Investment income | $156 |
| 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 | $168,981 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $68,500 |
| Grants and other assistance to domestic individuals. | $42,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,100 |
| 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 | $190 |
| Fees for services: Accounting | $4,213 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $139 |
| 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 | $6,529 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $136,539 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $191,777 |
| 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 | $191,777 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $191,777 |
| Total liabilities and net assets/fund balances | $191,777 |
Grants Awarded
Over the last fiscal year, Fawcett Memorial Hospital Medical Staff Fund Inc has awarded $68,500 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
VIRGINIA B ANDES VOL CLINIC PURPOSE: Medical care for the poor | $25,000 |
UNITED WAY OF CHARLOTTE COUNTY PURPOSE: Families First | $5,000 |
AMERICAN HEART ASSOCIATION PURPOSE: Heart health care | $5,000 |
NATIONAL KIDNEY FOUNDATION PURPOSE: Health care | $2,500 |
MILITARY HERITAGE MUSEUM PURPOSE: Musuem | $1,000 |
AMERICAN CANCER SOCIETY PURPOSE: Health care | $5,000 |