Form 990 for tax year 2023

Filed by KORNER GIFT SHOP.

Totals

Total revenue: $297,410
Total expenses: $338,635
Contributions and grants received: $150
Grants paid: $102,001
Program service revenue: $0
Investment income: $40,430
Other revenue: $256,830
Total assets, end of year: $1,487,641
Total liabilities, end of year: $37,526
Net assets or fund balances, end of year: $1,450,115
Program services expenses (Part IX): $288,561
Management and general expenses: $50,074
Fundraising expenses: $0
Program service expenses (Part III): $288,561

Program services were 85.2% 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.

1f · All other contributions, gifts and grants

$150
3 · Investment income

total $25,096 · excluded $25,096
4 · Income from investment of tax-exempt bond proceeds

total $0
5 · Royalties

total $0
6c · Rental income or loss

real property $0 · personal property $0
6d · Net rental income or loss

total $0
7a · Gross sales of assets other than inventory

securities $282,935
7b · Less cost or other basis and sales expenses

securities $267,601
7c · Gain or loss

securities $15,334
7d · Net gain or loss

total $15,334 · excluded $15,334
8a · Fundraising events: gross income

$0
8b · Fundraising events: direct expenses

$0
8c · Net income from fundraising events

total $0
9a · Gaming: gross income

$0
9b · Gaming: direct expenses

$0
9c · Net income from gaming

total $0
10a · Gross sales of inventory

$453,061
10b · Cost of goods sold

$280,444
10c · Net income from sales of inventory

total $172,617 · related or exempt $172,617
11a · Other revenue: OTHER REVENUE

total $84,213 · related or exempt $84,213
11e · Other revenue, total

$84,213

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $102,001 · program services $102,001
2 · Grants to domestic individuals

total $0
3 · Grants to foreign organizations and individuals

total $0
4 · Benefits paid to or for members

total $0
5 · Compensation of officers, directors and key employees

total $0
6 · Compensation of disqualified persons

total $0
7 · Other salaries and wages

total $0
8 · Pension plan contributions

total $0
9 · Other employee benefits

total $0
10 · Payroll taxes

total $0
11a · Fees: management

total $0
11b · Fees: legal

total $0
11c · Fees: accounting

total $0
11d · Fees: lobbying

total $0
11e · Fees: professional fundraising services

total $0
11f · Fees: investment management

total $0
11g · Fees: other

total $1,228 · program services $1,228
12 · Advertising and promotion

total $0
13 · Office expenses

total $40,126 · management and general $40,126
14 · Information technology

total $0
15 · Royalties

total $0
16 · Occupancy

total $0
17 · Travel

total $7,641 · program services $7,641
18 · Travel or entertainment for public officials

total $0
19 · Conferences, conventions and meetings

total $0
20 · Interest

total $0
21 · Payments to affiliates

total $0
22 · Depreciation, depletion and amortization

total $0
23 · Insurance

total $0
24a · Other expenses: COST REIMBURSEMENT

total $177,691 · program services $177,691
24b · Other expenses: OTHER EXPENSES

total $9,948 · management and general $9,948

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $357,978 · end of year $342,100
2 · Savings and temporary cash investments

beginning of year $75,440 · end of year $78,657
3 · Pledges and grants receivable

beginning of year $0 · end of year $0
4 · Accounts receivable

beginning of year $9,666 · end of year $5,855
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
7 · Other notes and loans receivable

beginning of year $0 · end of year $0
8 · Inventories for sale or use

beginning of year $73,805 · end of year $74,994
9 · Prepaid expenses and deferred charges

beginning of year $0 · end of year $0
10a · Land, buildings and equipment: cost or other basis

$0
10b · Land, buildings and equipment: accumulated depreciation

$0
10c · Land, buildings and equipment, net

beginning of year $0 · end of year $0
11 · Investments: publicly traded securities

beginning of year $901,062 · end of year $986,035
12 · Investments: other securities

beginning of year $0 · end of year $0
13 · Investments: program-related

beginning of year $0 · end of year $0
14 · Intangible assets

beginning of year $0 · end of year $0
15 · Other assets

beginning of year $0 · end of year $0
17 · Accounts payable and accrued expenses

beginning of year $12,897 · end of year $37,526
18 · Grants payable

beginning of year $0 · end of year $0
19 · Deferred revenue

beginning of year $0 · end of year $0
20 · Tax-exempt bond liabilities

beginning of year $0 · end of year $0
21 · Escrow or custodial account liability

beginning of year $0 · end of year $0
22 · Loans and payables to officers and key people

beginning of year $0 · end of year $0
23 · Secured mortgages and notes payable

beginning of year $0 · end of year $0
24 · Unsecured notes and loans payable

beginning of year $0 · end of year $0
25 · Other liabilities

beginning of year $0 · end of year $0
27 · Net assets without donor restrictions

beginning of year $490,373 · end of year $450,811
28 · Net assets with donor restrictions

beginning of year $914,681 · end of year $999,304

Mission and programs · 2023

Mission

TO RENDER ASSISTANCE TO REX HOSPITAL, INC. THROUGH VOLUNTEERISM AND FINANCIAL SUPPORT.

THE REX HOSPITAL GUILD SUPPORTS REX HOSPITAL, INC. WITH GRANTS TO ASSIST WITH A VARIETY OF PROGRAMS. THESE PROGRAMS INCLUDE GENERAL SUPPORT FOR NURSING FACILITIES, PATIENT ASSISTANCE WITH PURCHASING MEDICINES AND SCHOLARSHIPS. THE SCHOLARSHIPS ARE PROVIDED TO HIGH SCHOOL VOLUNTEERS FOR GENERAL COLLEGE PROGRAMS IN ANY FIELD OF STUDY. THE GUILD ALSO PROVIDES FUNDING FOR CONTINUING EDUCATION PROGRAMS FOR NURSES. THE GUILD PROVIDES FUNDS TO UNC REX HOME SERVICES TO ASSIST PATIENTS WITH UTILITY BILLS, FOOD, MEDICAL EQUIPMENT AND PRESCRIPTIONS AND NURSING VISITS FOR UNINSURED PATIENTS; AS WELL AS FUNDS TO CASE MANAGEMENT SERVICES FOR CLOTHING, SPECIFICALLY FOR BARIATRIC PATIENTS, SHOES AND TOILETRIES. THE GUILD ALSO PROVIDES FUNDS FOR INTERN STIPENDS IN THE REX HOSPITAL CHAPLAIN PROGRAM. THE GUILD SUPPORTS THE WOMEN AND CHILDREN'S CENTER THROUGH THE PURCHASE OF EQUIPMENT FOR THE BIRTHING CENTER, INCLUDING A DIGITAL CAMERA FOR BABY PHOTOS IN THE INTENSIVE CARE UNIT, BABY BOTTLES, INFANT CAR SEATS AND BEREAVEMENT CARE PACKAGES FOR PARENTS. IN ADDITION, VOLUNTEERS MAKE HATS AND GOWNS FOR THE BABIES BORN IN REX HOSPITAL. THE GUILD'S PATIENT SUPPORT PROGRAM SUPPORTS THE CANCER CENTER BY PROVIDING WIGS, BREAST PROSTHESES AND OTHER SUPPLIES NEEDED BY THE CHEMOTHERAPY PATIENTS. THE GUILD MAINTAINS THE BEAUTIFUL MAUDE GRIMES GARDENS ON REX HOSPITAL CAMPUS AS WELL AS PROVIDING GREENERY WEEKLY FOR THE CHAPEL AND POINSETTIAS FOR ALL COMMON AREAS DURING THE HOLIDAY SEASON. REX HOSPITAL GUILD HOSTS THE ANNUAL HOLIDAY TEA AND PROVIDES STUFFED BEARS AS GIFTS FOR PATIENTS SPENDING THE HOLIDAYS IN REX HOSPITAL. REX HOSPITAL GUILD IS INVOLVED WITH THE REX KORNER GIFT SHOP. REX HOSPITAL GUILD ASSISTS WITH BUYING MERCHANDISE AND WORKING SHIFTS IN THE GIFT SHOP, WHICH OFFERS A VARIETY OF GIFT ITEMS SUCH AS: BABY GIFTS, FLOWER ARRANGEMENTS, BALLOONS, INSPIRATIONAL ITEMS, SNACKS AND BOOKS AND MAGAZINES. ALL NET PROCEEDS FROM THE GIFT SHOP BENEFIT THE REX HOSPITAL GUILD PROGRAMS.

Expenses $288,561 · Grants $102,001 · Revenue $256,830

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

Listed in Part VII

Carol Allen

Director

Total calculated

$0

Hours/week

3
Perri Anderson

Director/Assistant Treasurer

Total calculated

$0

Hours/week

5
Marlene Batchelor

Director

Total calculated

$0

Hours/week

3
Astra Ball

Director

Total calculated

$0

Hours/week

3
Mary Boney

Director/President

Total calculated

$0

Hours/week

5
Nancy Brenneman

Director

Total calculated

$0

Hours/week

3
Vicki Detweiler

Director

Total calculated

$0

Hours/week

3
Cameron Ellerbe

Director

Total calculated

$0

Hours/week

3
Betsy Frazier

Director

Total calculated

$0

Hours/week

3
Jan Fry

Director

Total calculated

$0

Hours/week

3
Katie Gillespie

Director

Total calculated

$0

Hours/week

3
Sandy Haar

Director

Total calculated

$0

Hours/week

3
Mig Hardy

Director/Treasurer

Total calculated

$0

Hours/week

5
Laura Isley

Director/Vice President

Total calculated

$0

Hours/week

5
Louise McCoy

Director

Total calculated

$0

Hours/week

3
Sarah Merriman

Director

Total calculated

$0

Hours/week

3
Meredith Miller

Director

Total calculated

$0

Hours/week

3
Kim O'Han

Director

Total calculated

$0

Hours/week

3
Sandy Page

Director

Total calculated

$0

Hours/week

3
Nadine Pittman

Director/Secretary

Total calculated

$0

Hours/week

5
Amanda Ramseur

Director

Total calculated

$0

Hours/week

3
Jackie Stocks Rufty

Director

Total calculated

$0

Hours/week

3
Julie Sandridge

Director

Total calculated

$0

Hours/week

3
Graham Satisky

Director

Total calculated

$0

Hours/week

3
Michelle Tanner

Director

Total calculated

$0

Hours/week

3
Jayne Teel

Director

Total calculated

$0

Hours/week

3
Sally Scott Tippett

Director

Total calculated

$0

Hours/week

3
Susan Watson

Director

Total calculated

$0

Hours/week

3
Liza Williams

Director

Total calculated

$0

Hours/week

3
Mary Brent Wright

Director

Total calculated

$0

Hours/week

3

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

REX HOSPITAL INC

$102,001

GENERAL SUPPORT/

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.

REX HOSPITAL INC

501(C)(3) · HOSPITAL · NC

Directly controlled by UNC HEALTHCA

Provenance

Return type: form_990
Tax year: 2023
Filed: 19 February 2025
IRS schema version: 2023v6.0
Source object: 202500509349301035

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