Skip to content
Nonprofiteer
← MEDICAL FOUNDATION OF SOUTH MISSISSIPPI INC

Form 990 for tax year 2024

Filed by MEDICAL FOUNDATION OF SOUTH MISSISSIPPI INC.

Totals

Total revenue
$0
Total expenses
$0
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$21,981
Total liabilities, end of year
$36,750,237
Net assets or fund balances, end of year
-$36,728,256
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

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.

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $21,981 · end of year $21,981

  • 23 · Secured mortgages and notes payable

    beginning of year $36,750,237 · end of year $36,750,237

  • 27 · Net assets without donor restrictions

    beginning of year -$36,728,256 · end of year -$36,728,256

Mission and programs · 2024

Mission

THE MEDICAL FOUNDATION OF SOUTH MISSISSIPPI, INC.'S PRIMARY MISSION WAS TO PROVIDE MEDICAL CARE TO THE COMMUNITY OF THE MISSISSIPPI GULF COAST THROUGH OWNERSHIP AND OPERATION OF A NUMBER OF HEALTH CLINICS IN THE REGION. HOWEVER, ON OCTOBER 1, 2008, THE FOUNDATION DISCONTINUED PATIENT HEALTH CARE AND IS A COMPONENT OF MEMORIAL HOSPITAL AT GULFPORT.

Activities or mission (Part I)

PROVIDE MEDICAL CARE TO PATIENTS IN MISSISSIPPI

  • THE MEDICAL FOUNDATION OF SOUTH MISSISSIPPI, INC.'S PRIMARY MISSION WAS TO PROVIDE MEDICAL CARE TO THE COMMUNITY OF THE MISSISSIPPI GULF COAST THROUGH OWNERSHIP AND OPERATION OF A NUMBER OF HEALTH CLINICS IN THE REGION. HOWEVER, ON OCTOBER 1, 2008, THE FOUNDATION DISCONTINUED PATIENT HEALTH CARE AND IS A COMPONENT OF MEMORIAL HOSPITAL AT GULFPORT.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Sherwood Bailey Jr

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Roy Anderson III

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Richard Tilley MD

    BOARD MEMBER/PHYSICIAN

    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.

Provenance

Return type
form_990
Tax year
2024
Filed
27 July 2026
IRS schema version
2024v5.5
Source object
202612119349301666

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.