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Nonprofiteer
← SWANNANOA VALLEY MEDICAL CENTER INC

Form 990 for tax year 2023

Filed by SWANNANOA VALLEY MEDICAL CENTER INC.

Totals

Total revenue
$45,652
Total expenses
$15,041
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$45,652
Other revenue
$0
Total assets, end of year
$1,428,327
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,428,327
Program services expenses (Part IX)
$4,085
Management and general expenses
$10,956
Fundraising expenses
$0
Program service expenses (Part III)
$4,085

Program services were 27.2% 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.

  • 3 · Investment income

    total $44,086 · excluded $44,086

  • 7a · Gross sales of assets other than inventory

    securities $1,566

  • 7c · Gain or loss

    securities $1,566

  • 7d · Net gain or loss

    total $1,566 · excluded $1,566

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $5,700 · management and general $5,700

  • 11f · Fees: investment management

    total $1,217 · management and general $1,217

  • 11g · Fees: other

    total $3,800 · program services $2,000 · management and general $1,800

  • 12 · Advertising and promotion

    total $108 · program services $108

  • 13 · Office expenses

    total $1,099 · program services $660 · management and general $439

  • 19 · Conferences, conventions and meetings

    total $1,884 · program services $1,317 · management and general $567

  • 23 · Insurance

    total $1,233 · management and general $1,233

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $8,773 · end of year $6,765

  • 2 · Savings and temporary cash investments

    beginning of year $1,381,307 · end of year $1,276,244

  • 15 · Other assets

    end of year $145,318

  • 27 · Net assets without donor restrictions

    beginning of year $1,390,080 · end of year $1,283,009

  • 28 · Net assets with donor restrictions

    end of year $145,318

Mission and programs · 2023

Mission

Medical Facility Charitable

  • Granting funds to other non-profits in the western North Carolina area with an emphasis on healthcare, wellness and education.

    Expenses $4,085

As filed on the 2023 return.

Listed in Part VII

  • Marissa Slaughter

    Secretary

    Total calculated
    $1,800
    From this org
    $1,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Connie Smith

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Mary Soyenova

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Hope Burk

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Scott Cook

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Carl Zeigler

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Mark Crawfprd

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Norm Gottlieb

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Betty Hermelee

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Kevin West

    Chair

    Total calculated
    $0
    Hours/week
    2

  • Stan Brank

    Vice-Chair

    Total calculated
    $0
    Hours/week
    2

  • Sharon Zeigler

    Treasurer

    Total calculated
    $0
    Hours/week
    2

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.

Provenance

Return type
form_990
Tax year
2023
Filed
15 September 2024
IRS schema version
2023v5.1
Source object
202422629349301312

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