Skip to content
Nonprofiteer
← SOUTH GEORGIA MEDICAL CENTER FOUNDATION INC

Form 990 for tax year 2023

Filed by SOUTH GEORGIA MEDICAL CENTER FOUNDATION INC.

Totals

Total revenue
$2,435,687
Total expenses
$959,629
Contributions and grants received
$2,060,622
Grants paid
$956,368
Program service revenue
$0
Investment income
$210,948
Other revenue
$164,117
Total assets, end of year
$7,508,596
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$7,508,596
Program services expenses (Part IX)
$956,368
Management and general expenses
$2,000
Fundraising expenses
$1,261
Program service expenses (Part III)
$956,368

Program services were 99.7% 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

    $39,459

  • 1f · All other contributions, gifts and grants

    $2,021,163

  • 3 · Investment income

    total $210,815 · excluded $210,815

  • 7a · Gross sales of assets other than inventory

    securities $133

  • 7c · Gain or loss

    securities $133

  • 7d · Net gain or loss

    total $133 · related or exempt $133

  • 8a · Fundraising events: gross income

    $197,017

  • 8a · Fundraising events: contributions included on line 1c

    $39,459

  • 8b · Fundraising events: direct expenses

    $32,900

  • 8c · Net income from fundraising events

    total $164,117 · excluded $164,117

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $799,647 · program services $799,647

  • 2 · Grants to domestic individuals

    total $156,721 · program services $156,721

  • 12 · Advertising and promotion

    total $2,000 · management and general $2,000

  • 24a · Other expenses: UNATTRIBUTED EVENT EXPENS

    total $1,261 · fundraising $1,261

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $475,295 · end of year $1,798,402

  • 2 · Savings and temporary cash investments

    beginning of year $4,835,726 · end of year $985,140

  • 11 · Investments: publicly traded securities

    end of year $4,725,054

  • 15 · Other assets

    beginning of year $178,505

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,002

  • 27 · Net assets without donor restrictions

    beginning of year $2,047,327 · end of year $2,639,136

  • 28 · Net assets with donor restrictions

    beginning of year $3,440,197 · end of year $4,869,460

Mission and programs · 2023

Mission

TO SUPPORT PUBLIC HEALTHCARE BY PROVIDING SUPPORT TO OR FOR THE BENEFIT OF THE HOSPITAL AUTHORITY OF VALDOSTA AND LOWNDES COUNTY GEORGIA DBA SOUTH GEORGIA MEDICAL CENTER (AUTHORITY) AND OTHER HEALTH CARE ORGANIZATIONS EXEMPT UNDER IRC SECTIONS 501(C)(3) THAT SUPPORT THE MISSION OF THE AUTHORITY.

  • GRANTS ARE MADE TO THE AUTHORITY, AND TO SOUTH GEORGIA HEALTH ALLIANCE, BOTH 501(C)(3) ORGANIZATIONS, FOR OPERATIONS AND CAPITAL IMPROVEMENTS. GRANTS MAY ALSO BE MADE TO SUPPORT OTHER NONPROFIT ORGANIZATIONS IN THE COMMUNITY THAT SUPPORT THE HEALTHCARE MISSION OF THE AUTHORITY AND THE ALLIANCE.

    Expenses $956,368 · Grants $956,368

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • RONALD DEAN

    CEO

    Total calculated
    $963,298
    From this org
    $0
    From related orgs
    $935,915
    Other
    $27,383
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $732,010 related
    Bonus
    not reported + $176,405 related
    Other
    not reported + $27,500 related
    Deferred
    not reported + $12,917 related
    Nontaxable benefits
    not reported + $14,466 related
    Filer's total
    not reported + $963,298 related

  • JOHN MOORE

    CFO

    Total calculated
    $533,712
    From this org
    $0
    From related orgs
    $512,108
    Other
    $21,604
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $428,108 related
    Bonus
    not reported + $84,000 related
    Other
    not reported
    Deferred
    not reported + $8,432 related
    Nontaxable benefits
    not reported + $13,172 related
    Filer's total
    not reported + $533,712 related

  • HILARY GIBBS

    CDO

    Total calculated
    $268,446
    From this org
    $0
    From related orgs
    $243,565
    Other
    $24,881
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    not reported + $181,065 related
    Bonus
    not reported + $40,000 related
    Other
    not reported + $22,500 related
    Deferred
    not reported + $4,074 related
    Nontaxable benefits
    not reported + $20,807 related
    Filer's total
    not reported + $268,446 related

  • JOE BROWNLEE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • BEN COPELAND

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ELIZABETH FLAIL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SUZAN PRINCE GARNETT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • HAYDEN HANCOCK

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • BO LOVEIN

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • CHARLES HOBBY MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • BRIAN DAWSON MD

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • BROC MCDOWELL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PAT MILLER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • KEN MORRISON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JAN NEWTON

    BOARD 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 3
THE FOUNDATION DOES NOT COMPENSATE ANY OFFICERS OR EMPLOYEES, WHO ARE SHARED EMPLOYEES COMPENSATED BY THE HOSPITAL AUTHORITY OF VALDOSTA/LOWNDES COUNTY DBA SOUTH GEORGIA MEDICAL CENTER ("AUTHORITY"), A RELATED ORGANIZATION. THE FILING ORGANIZATION, INSTEAD, RELIES ON THE METHODS USED BY THE AUTHORITY TO ESTABLISH COMPENSATION OF THE CEO AND EXECUTIVE OFFICERS. COMPENSATION DETERMINATION BY AUTHORITY INCLUDES AN INDEPENDENT COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION SURVEYS, AND BOARD APPROVAL. THESE METHODS ARE WELL DOCUMENTED.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants 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
2023
Filed
15 October 2024
IRS schema version
2023v5.0
Source object
202413169349305106

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.