Fawcett Memorial Hospital Medical Staff Fund Inc
- Assets
- $159.3k
- Revenue
- $126.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Port Charlotte, FL
- Founding
- 09/2011
- Data as of
- 12/2021
- 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 12/2021, Fawcett Memorial Hospital Medical Staff Fund Inc generated $126.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $113.2k during the year ending 12/2021. While expenses have increased by 12.5% per year over the past 7 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
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 AWARDED 7 STUDENTS AT CHARLOTTE HIGH SCHOOL 2 STUDENTS FROM PORT CHARLOTTE HIGH SCHOOL. 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 2021 UNDER PART IX PG 10 LINE 19 CONFERENCES AND MEETINGS FOR A TOTAL OF 11917.1.ANNUAL MEDICAL STAFF CME CONFERENCE HELD IN OCTOBER AT THE ISLES YACHT CLUB,3000.. YEAR END APPRECIATION FOR ADMIN SERVICES TO MEDICAL STAFF 400. PART IX,PG10, LINE 24 B ONLINE CONTINUING EDUCATION FOR MEMBERS COST 8517.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $126,125 |
| 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 | $126,125 |
| Total Program Service Revenue | $0 |
| Investment income | $277 |
| 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 | $126,402 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $59,500 |
| Grants and other assistance to domestic individuals. | $30,000 |
| 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 | $355 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $65 |
| 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 | $3,400 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $113,170 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $159,335 |
| 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 | $159,335 |
| 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 | $159,335 |
| Total liabilities and net assets/fund balances | $159,335 |
Grants Awarded
Over the last fiscal year, Fawcett Memorial Hospital Medical Staff Fund Inc has awarded $59,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Port Charlotte, FL PURPOSE: Medical care for the poor | $20,000 |
Dallas, TX PURPOSE: Heart Health care | $9,000 |
Port Charlotte, FL PURPOSE: Families First Covid 19 | $5,000 |
Port Charlotte, FL PURPOSE: Veteran Memorial | $5,000 |
Punta Gorda, FL PURPOSE: Museum | $5,000 |
Punta Gorda, FL PURPOSE: Family and Youth Programs | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fair Fight Action Inc Atlanta, GA | $4,976,834 | $29,928,008 |
Plato Academy Schools Corporation Clearwater, FL | $134,350,424 | $31,890,679 |
Early Learning Coalition Of Northwest Florida Inc Marianna, FL | $3,346,474 | $28,789,946 |
Early Learning Coalition Of Osceola County Inc Kissimmee, FL | $3,012,946 | $27,905,401 |
Faculty Associates Incorporated Gainesville, FL | $18,354,841 | $24,140,038 |
Landmark Christian School Fairburn, GA | $28,586,929 | $25,037,540 |
Georgia Advanced Technology Ventures Inc Atlanta, GA | $206,195,666 | $20,980,407 |
Galileo School Foundation Inc Sanford, FL | $34,481,901 | $12,247,750 |
Tree Of Knowledge Learning Academy Inc Miami Beach, FL | $8,101,415 | $14,538,092 |
Bridge Prep Academy Of Tampa Inc Miami, FL | $4,019,388 | $14,708,273 |
Alabama Nursing Home Association Education Foundation Montgomery, AL | $40,408,149 | $40,141,575 |
Centennial Place Academy Inc Atlanta, GA | $7,663,078 | $14,548,051 |