Form 990 for tax year 2025
Filed by ROY H LAIRD MEMORIAL HOSPITAL TR NO 27.
Totals
- Total revenue
- $1,392,288
- Total expenses
- $1,243,445
- Contributions and grants received
- $0
- Grants paid
- $1,051,298
- Program service revenue
- $0
- Investment income
- $655,993
- Other revenue
- $736,295
- Total assets, end of year
- $21,443,994
- Total liabilities, end of year
- $1,051,299
- Net assets or fund balances, end of year
- $20,392,695
- Program services expenses (Part IX)
- $1,094,255
- Management and general expenses
- $149,190
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,094,255
Program services were 88.0% 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 $497,765 · excluded $497,765
-
4 · Income from investment of tax-exempt bond proceeds
total $126 · excluded $126
-
5 · Royalties
total $726,864 · excluded $726,864
-
6a · Gross rents
real property $108,973
-
6b · Less rental expenses
real property $99,542
-
6c · Rental income or loss
real property $9,431
-
6d · Net rental income or loss
total $9,431 · excluded $9,431
-
7a · Gross sales of assets other than inventory
securities $617,294 · other assets $35,631
-
7b · Less cost or other basis and sales expenses
securities $494,823
-
7c · Gain or loss
securities $122,471 · other assets $35,631
-
7d · Net gain or loss
total $158,102 · related or exempt $158,102
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,051,298 · program services $1,051,298
-
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 $171,828 · program services $42,957 · management and general $128,871
-
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 $3,274 · management and general $3,274
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
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: ROYALTIES-AD VALOREM TAX
total $10,082 · management and general $10,082
-
24b · Other expenses: FOREIGN TAX ON DIVIDENDS
total $6,668 · management and general $6,668
-
24c · Other expenses: ROYALTY EXPENSE
total $295 · management and general $295
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $315,681 · end of year $1,264,670
-
2 · Savings and temporary cash investments
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
-
10a · Land, buildings and equipment: cost or other basis
$1,788,532
-
10b · Land, buildings and equipment: accumulated depreciation
$561,858
-
10c · Land, buildings and equipment, net
beginning of year $1,227,835 · end of year $1,226,674
-
11 · Investments: publicly traded securities
beginning of year $16,685,777 · end of year $18,951,994
-
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
beginning of year $656 · end of year $656
-
18 · Grants payable
end of year $1,051,299
-
29 · Capital stock, trust principal or current funds
beginning of year $18,229,949 · end of year $20,392,695
Mission and programs · 2025
Mission
SUPPORTS THE ROY H LAIRD HOSPITAL FOUNDATION, INC., WHICH PROVIDES MEDICAL HEALTH CARE IN THE AREA OF KILGORE, TEXAS
-
PER THE COURT ORDER, INCOME FROM THE TRUST IS TO BE DISTRIBUTED TO THEROY H LAIRD MEMORIAL HOSPITAL FOUNDATION TO BE USED TO PROMOTE, FOSTER,FACILITATE AND SUPPORT THE DELIVERY OF HEALTHCARE SERVICES TO THE INDIGENTAND GENERAL PUBLIC IN KILGORE AND THE SURROUNDING AREA.
Expenses $1,094,255
As filed on the 2025 return.
Listed in Part VII
-
VERABANK NA
Trustee
- Total calculated
- $171,828
- From this org
- $171,828
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
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.
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)
- Part II, Compensation from Unrelated Organizations
- The only compensation paid by the Trust was to an institutional trustee. Therefore, no employees are listed on Schedule J, Page 2
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
-
$1,051,298
PROVIDE FUNDING
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.
-
ROY H LAIRD MEMORIAL HOSPITAL FOUNDATION
501C3 · SUPPORT · TX
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 17 August 2026
- IRS schema version
- 2025v4.1
- Source object
- 202642299349301654
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