Form 990 for tax year 2024
Filed by PARKVIEW COMMUNITY HOSPITAL MEDICAL CENTER A NONPROFIT PUBLIC BENEFIT CORP.
Totals
- Total revenue
- $81,196
- Total expenses
- $26,815,685
- Contributions and grants received
- $0
- Grants paid
- $25,998,802
- Program service revenue
- $0
- Investment income
- $78,064
- Other revenue
- $3,132
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $0
- Program services expenses (Part IX)
- $25,998,802
- Management and general expenses
- $816,883
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $25,998,802
Program services were 97.0% 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.
-
3 · Investment income
total $158,596 · excluded $158,596
-
7b · Less cost or other basis and sales expenses
securities $80,532
-
7c · Gain or loss
securities -$80,532
-
7d · Net gain or loss
total -$80,532 · excluded -$80,532
-
11a · Other revenue: REFUNDS
total $3,132 · excluded $3,132
-
11e · Other revenue, total
$3,132
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $25,998,802 · program services $25,998,802
-
11b · Fees: legal
total $481,364 · management and general $481,364
-
11c · Fees: accounting
total $116,820 · management and general $116,820
-
11f · Fees: investment management
total $28,088 · management and general $28,088
-
11g · Fees: other
total $137,500 · management and general $137,500
-
13 · Office expenses
total $3,104 · management and general $3,104
-
24a · Other expenses: LEGAL SETTLEMENTS
total $50,000 · management and general $50,000
-
24b · Other expenses: MISCELLANEOUS EXPENSES
total $7 · management and general $7
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $168,712 · end of year $0
-
2 · Savings and temporary cash investments
beginning of year $3,896,047 · end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $22,669,730 · end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
27 · Net assets without donor restrictions
beginning of year $26,734,489 · end of year $0
Mission and programs · 2024
Mission
THE PURPOSES OF THIS CORPORATION ARE TO RECEIVE FUNDS OF REAL AND/OR PERSONAL PROPERTY AND TO USE AND APPLY THE WHOLE OR ANY PART OF THE INCOME THEREFROM AND THE PRINCIPAL THEREOF EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, OR EDUCATIONAL PURPOSES OR ACTIVITIES ASSOCIATED WITH THIS GOAL AS ALLOWED BY LAW.
-
PARKVIEW COMMUNITY HOSPITAL MEDICAL CENTER OPERATIONS WERE SOLD TO AHMC HEALTHCARE INC. ALL OPERATIONS HAVE CEASED AND THE ORGANIZATION IS IN THE PROCESS OF WINDING DOWN. AS THE ORGANIZATION WINDS DOWN, REMAINING ASSETS WILL BE DISTRIBUTED TO PARKVIEW LEGACY FOUNDATION AND OTHER 501(C)(3) PUBLIC CHARITIES.
Expenses $25,998,802 · Grants $25,998,802
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Patricia ReynoldsPATRICIA REYNOLDS
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Richard RamirezRICHARD RAMIREZ
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
John DemshkiJOHN DEMSHKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Dwight TateDWIGHT TATE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Wendell Tucker PhDWENDELL TUCKER PHD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Charles S Mack JrCHARLES S MACK JR
CEO
- Total calculated
- $0
- Hours/week
- 20
-
David R Avina CPADAVID R AVINA CPA
CFO
- Total calculated
- $0
- Hours/week
- 20
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
-
$25,998,802
COMMUNITY BENEFIT
Assets distributed on this return
Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.
-
$5,488,433
Liquidation · CASH AND INVESTMENTS · Jan 31, 2024 · 501(C)(3)
-
$10,625,247
Liquidation · CASH AND INVESTMENTS · Feb 29, 2024 · 501(C)(3)
-
$7,342,893
Liquidation · CASH AND INVESTMENTS · Mar 31, 2024 · 501(C)(3)
-
$2,542,229
Liquidation · CASH · Dec 17, 2024 · 501(C)(3)
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202501349349303035
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