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← PRESBYTERIAN EYE EAR & THROAT CHARITY HOSPITAL INC

Form 990 for tax year 2023

Filed by PRESBYTERIAN EYE EAR & THROAT CHARITY HOSPITAL INC.

Totals

Total revenue
$361,676
Total expenses
$686,982
Contributions and grants received
$111,521
Grants paid
$658,250
Program service revenue
$0
Investment income
$250,155
Other revenue
$0
Total assets, end of year
$4,344,376
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$4,344,376
Program services expenses (Part IX)
$659,250
Management and general expenses
$27,732
Fundraising expenses
$0
Program service expenses (Part III)
$659,250

Program services were 96.0% 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.

  • 1d · Related organizations

    $111,021

  • 1f · All other contributions, gifts and grants

    $500

  • 3 · Investment income

    total $120,927 · related or exempt $120,927

  • 7a · Gross sales of assets other than inventory

    securities $260,473

  • 7b · Less cost or other basis and sales expenses

    securities $131,245

  • 7c · Gain or loss

    securities $129,228

  • 7d · Net gain or loss

    total $129,228 · related or exempt $129,228

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $658,250 · program services $658,250

  • 11c · Fees: accounting

    total $1,450 · program services $1,000 · management and general $450

  • 11f · Fees: investment management

    total $26,529 · management and general $26,529

  • 24a · Other expenses: INSURANCE-DIRECTORS AND

    total $698 · management and general $698

  • 24b · Other expenses: BANK FEES

    total $55 · management and general $55

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $32,045 · end of year $33,119

  • 11 · Investments: publicly traded securities

    beginning of year $4,616,217 · end of year $4,311,257

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year -$505,808 · end of year -$809,694

Mission and programs · 2023

Mission

NONE

Activities or mission (Part I)

MANAGE AN ENDOWMENT FUND TO PROVIDE SUPPORT TO THE GREATER BALTIMORE MEDICAL CENTER

  • SUPPORTING ORGANIZATION TO THE GREATER BALTIMORE MEDICAL CENTER (GBMC)

    Expenses $659,250 · Grants $658,250 · Revenue $250,155

As filed on the 2023 return.

Listed in Part VII

  • Stephen Plano

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • Tony Bare

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • Melvin R Hurley Jr

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • William T Cox Jr

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5
  • J Christopher C Justis Jr

    PRESIDENT EMERITUS

    Total calculated
    $0
    Hours/week
    0.5
  • C P Wilkinson MD

    BOARD OF GOVERNORS

    Total calculated
    $0
    Hours/week
    0.5
  • Stephen C Bounds

    BOARD OF GOVERNORS

    Total calculated
    $0
    Hours/week
    0.5
  • James K Porterfield MD Facc

    BOARD OF GOVERNORS

    Total calculated
    $0
    Hours/week
    0.5
  • Amy Wells

    BOARD OF GOVERNORS

    Total calculated
    $0
    Hours/week
    0.5
  • Anne Perry

    BOARD OF GOVERNORS

    Total calculated
    $0
    Hours/week
    0.5
  • Harriette McPherson

    BOARD OF LADY MANAGERS, TR

    Total calculated
    $0
    Hours/week
    0.5

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

Provenance

Return type
form_990
Tax year
2023
Filed
25 September 2024
IRS schema version
2023v5.1
Source object
202442699349301484

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