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Nonprofiteer
← BROAD RIVER HEALTHCARE INC

Form 990 for tax year 2024

Filed by BROAD RIVER HEALTHCARE INC.

Totals

Total revenue
$25,700
Total expenses
$350,937
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$25,700
Total assets, end of year
$3,306,656
Total liabilities, end of year
$2,829,130
Net assets or fund balances, end of year
$477,526
Program services expenses (Part IX)
$225,000
Management and general expenses
$125,937
Fundraising expenses
$0
Program service expenses (Part III)
$225,000

Program services were 64.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6b · Less rental expenses

    real property $1,100

  • 6c · Rental income or loss

    real property -$1,100 · personal property $0

  • 6d · Net rental income or loss

    total -$1,100 · excluded -$1,100

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11a · Other revenue: NONPATIENT REVENUES

    total $26,800 · related or exempt $26,800

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $26,800

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $86,996 · management and general $86,996

  • 11c · Fees: accounting

    total $500 · management and general $500

  • 11g · Fees: other

    total $16,335 · program services $0 · management and general $16,335 · fundraising $0

  • 16 · Occupancy

    total $11,656 · management and general $11,656

  • 23 · Insurance

    total $10,450 · management and general $10,450

  • 24a · Other expenses: TERMINATION EXPENSE

    total $225,000 · program services $225,000

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 4 · Accounts receivable

    beginning of year $1,100 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $537,620

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $537,620 · end of year $537,620

  • 12 · Investments: other securities

    beginning of year $5,826,503 · end of year $2,742,236

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $26,800

  • 17 · Accounts payable and accrued expenses

    beginning of year $380 · end of year $382

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $2,895,424 · end of year $2,828,748

  • 27 · Net assets without donor restrictions

    beginning of year $3,469,419 · end of year $477,526

Mission and programs · 2024

Mission

BROAD RIVER HEALTHCARE, INC. OPERATES EXCLUSIVELY FOR BENEVOLENT, EDUCATIONAL, SCIENTIFIC AND CHARITABLE PURPOSES, FOR THE BENEFIT OF BEAUFORT MEMORIAL HOSPITAL AND THE COMMUNITY SERVED BY IT.

Activities or mission (Part I)

PROVISION OF HEALTHCARE TO THE COMMUNITY.

  • THE ORGANIZATION HOLDS PROGRAM RELATED JOINT VENTURE INVESTMENTS FOR THE HEALTHCARE SYSTEM.

    Expenses $225,000

As filed on the 2024 return.

Listed in Part VII

  • VERNITA F DORE

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • WILLIAM HIMMELSBACH

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • CAROLYN M BANNER PHD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DR TIM PEARCE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ERIC B BILLIG MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ERICHARDSON LABRUCE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JANE KOKINAKIS DO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARTIN COYNE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TOMMY HARMON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • WILLIAM F JESSEE MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2024
Filed
17 August 2026
IRS schema version
2024v5.1
Source object
202642299349302399

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