Form 990 for tax year 2023
Filed by CALDWELL MEMORIAL HOSPITAL FOUNDATION INC.
Totals
- Total revenue
- $4,472,622
- Total expenses
- $1,611,816
- Contributions and grants received
- $3,738,544
- Grants paid
- $1,231,077
- Program service revenue
- $0
- Investment income
- $822,256
- Other revenue
- -$88,178
- Total assets, end of year
- $19,890,294
- Total liabilities, end of year
- $624,000
- Net assets or fund balances, end of year
- $19,266,294
- Program services expenses (Part IX)
- $1,490,604
- Management and general expenses
- $113,712
- Fundraising expenses
- $7,500
- Program service expenses (Part III)
- $1,490,604
Program services were 92.5% 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.
-
1c · Fundraising events
$1,290,445
-
1f · All other contributions, gifts and grants
$2,448,099
-
3 · Investment income
total $421,706 · related or exempt $421,706
-
7a · Gross sales of assets other than inventory
securities $6,157,617
-
7b · Less cost or other basis and sales expenses
securities $5,757,067
-
7c · Gain or loss
securities $400,550
-
7d · Net gain or loss
total $400,550 · related or exempt $400,550
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$1,290,445
-
8b · Fundraising events: direct expenses
$88,178
-
8c · Net income from fundraising events
total -$88,178 · excluded -$88,178
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,230,577 · program services $1,230,577
-
2 · Grants to domestic individuals
total $500 · program services $500
-
11c · Fees: accounting
total $3,293 · program services $3,293
-
11e · Fees: professional fundraising services
total $7,500 · fundraising $7,500
-
11f · Fees: investment management
total $79,115 · program services $79,115
-
11g · Fees: other
total $1,529 · management and general $1,529
-
13 · Office expenses
total $20,856 · program services $20,856
-
22 · Depreciation, depletion and amortization
total $39,274 · program services $39,274
-
23 · Insurance
total $2,592 · program services $2,592
-
24a · Other expenses: PROGRAM DISBURSEMENTS
total $111,825 · program services $111,825
-
24b · Other expenses: REIMBURSED WAGES
total $68,757 · management and general $68,757
-
24c · Other expenses: REPAIRS
total $42,657 · management and general $42,657
-
24d · Other expenses: MEALS & ENTERTAINMENT
total $2,572 · program services $2,572
-
24e · All other expenses
total $769 · management and general $769
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,005,691 · end of year $215,777
-
2 · Savings and temporary cash investments
beginning of year $365,337 · end of year $978,462
-
10a · Land, buildings and equipment: cost or other basis
$2,435,274
-
10b · Land, buildings and equipment: accumulated depreciation
$205,440
-
10c · Land, buildings and equipment, net
beginning of year $2,251,755 · end of year $2,229,834
-
11 · Investments: publicly traded securities
beginning of year $8,483,338 · end of year $11,996,212
-
12 · Investments: other securities
beginning of year $3,838,885 · end of year $4,463,858
-
14 · Intangible assets
beginning of year $9,012 · end of year $6,151
-
23 · Secured mortgages and notes payable
beginning of year $702,000 · end of year $624,000
-
27 · Net assets without donor restrictions
beginning of year $9,313,920 · end of year $12,847,526
-
28 · Net assets with donor restrictions
beginning of year $5,938,098 · end of year $6,418,768
Mission and programs · 2023
Mission
HEALTH AND HUMAN SERVICES
-
FUNDS WERE EXPENDED FOR THE BENEFIT OF CALDWELL MEMORIAL HOSPITAL AND ITS EMPLOYEES FOR THE WOMEN'S IMAGING EQUIPMENT, THE JONAS HILL HOSPITAL AND THE CAPSTONE CAMPAIGN FOR THE HEART FACILITY.
Expenses $1,490,604 · Grants $1,231,077
As filed on the 2023 return.
Listed in Part VII
-
Sherry FordSHERRY FORD
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Bob Floyd JrBOB FLOYD JR
VICE-PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Sue Ellen BrookshireSUE ELLEN BROOKSHIRE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Gary ShoreGARY SHORE
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Sarah Hamler DoSARAH HAMLER DO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William Howard IIIWILLIAM HOWARD III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rick CoffeyRICK COFFEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dave Cook MDDAVE COOK MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Hector Estepan MDHECTOR ESTEPAN MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gene HendricksGENE HENDRICKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kenvian Ferguson HeltonKENVIAN FERGUSON HELTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Angie StoryANGIE STORY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David SmithDAVID SMITH
EX-OFFICIO MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lucy McCarlLUCY MCCARL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Diana McClintonDIANA MCCLINTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Donald D McNeillDONALD D MCNEILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bob Reichling MDBOB REICHLING MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ann SmithANN SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bruce VanderbloemenBRUCE VANDERBLOEMEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Zachary Kimball MDZACHARY KIMBALL MD
EX-OFFICIO MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Joe GibbonsJOE GIBBONS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Virginia HoyleVIRGINIA HOYLE
EXECUTIVE DIRECTOR
- Total calculated
- $128,230
- From this org
- $0
- From related orgs
- $98,165
- Other
- $30,065
- Hours/week
- 40
-
David Lowry MDDAVID LOWRY MD
EX-OFFICIO MEMBER
- 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
-
$1,230,577
HOSPITAL NEEDS - CORNERSTONE RENOVATION PROJECT, JONAS HILL HOSPITAL & NON-STRESS TESTING EQUIPMENT
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.
-
501(c)(3) · HOSPITAL · NC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 30 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433049349300823
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