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Nonprofiteer
← MARION COUNTY HEALTHCARE FOUNDATION

Form 990 for tax year 2022

Filed by MARION COUNTY HEALTHCARE FOUNDATION.

Totals

Total revenue
$2,283,210
Total expenses
$1,647,279
Contributions and grants received
$0
Grants paid
$879,158
Program service revenue
$0
Investment income
$2,279,816
Other revenue
$3,394
Total assets, end of year
$67,636,888
Total liabilities, end of year
$507,398
Net assets or fund balances, end of year
$67,129,490
Program services expenses (Part IX)
$879,158
Management and general expenses
$768,121
Fundraising expenses
$0
Program service expenses (Part III)
$879,158

Program services were 53.4% 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 $1,312,644 · excluded $1,312,644

  • 7a · Gross sales of assets other than inventory

    securities $20,292,415

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

    securities $19,325,243

  • 7c · Gain or loss

    securities $967,172

  • 7d · Net gain or loss

    total $967,172 · excluded $967,172

  • 11a · Other revenue: OTHER

    total $3,394 · related or exempt $3,394

  • 11e · Other revenue, total

    $3,394

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $879,158 · program services $879,158

  • 5 · Compensation of officers, directors and key employees

    total $125,000 · management and general $125,000

  • 10 · Payroll taxes

    total $9,663 · management and general $9,663

  • 11a · Fees: management

    total $67,700 · management and general $67,700

  • 11c · Fees: accounting

    total $35,304 · management and general $35,304

  • 11f · Fees: investment management

    total $422,321 · management and general $422,321

  • 13 · Office expenses

    total $4,954 · management and general $4,954

  • 14 · Information technology

    total $7,546 · management and general $7,546

  • 16 · Occupancy

    total $20,678 · management and general $20,678

  • 17 · Travel

    total $403 · management and general $403

  • 19 · Conferences, conventions and meetings

    total $3,450 · management and general $3,450

  • 20 · Interest

    total $20,601 · management and general $20,601

  • 22 · Depreciation, depletion and amortization

    total $30,286 · management and general $30,286

  • 23 · Insurance

    total $13,688 · management and general $13,688

  • 24a · Other expenses: DUES AND MEMBERSHIPS &

    total $5,435 · management and general $5,435

  • 24b · Other expenses: SECURITY

    total $1,092 · management and general $1,092

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $294,441 · end of year $579,375

  • 7 · Other notes and loans receivable

    beginning of year $500,000 · end of year $500,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,303 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $569,750

  • 10b · Land, buildings and equipment: accumulated depreciation

    $417,733

  • 10c · Land, buildings and equipment, net

    beginning of year $182,304 · end of year $152,017

  • 11 · Investments: publicly traded securities

    beginning of year $78,153,989 · end of year $66,211,547

  • 15 · Other assets

    beginning of year $190,059 · end of year $193,949

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,477 · end of year $7,398

  • 24 · Unsecured notes and loans payable

    beginning of year $500,000 · end of year $500,000

  • 27 · Net assets without donor restrictions

    beginning of year $78,820,619 · end of year $67,129,490

Mission and programs · 2022

Mission

OUR MISSION IS TO DEVELOP PARTNERSHIPS AND FUND INNOVATIVE PROJECTS THAT IMPROVE THE HEALTH AND PROSPERITY FOR RESIDENTS OF MARION COUNTY. WE DO THIS BY FOCUSING OUR FUNDING IN THE FOLLOWING DETERMINANTS OF A HEALTHY COMMUNITY: ACCESS TO QUALITY HEALTHCARE, IMPROVEMENTS IN PUBLIC EDUCATION AND WORKFORCE AND ECONOMIC DEVELOPMENT.

  • THE MEDICAL UNIVERSITY OF SOUTH CAROLINA WAS PROVIDED WITH FUNDING TO ASSIST WITH THEIR COLORECTAL CANCER OUTREACH PROGRAM.

    Expenses $300,000 · Grants $300,000

  • FUNDS WERE PROVIDED TO ASSIST THE TOWN OF NICHOLS WITH THE DEVELOPMENT OF "MEMORIAL FLAG PARK"

    Expenses $80,000 · Grants $80,000

  • FUNDING WAS PROVIDED TO THE PACE CENTER FOR GIRLS FOR COUSELING AND OUTREACH.

    Expenses $80,000 · Grants $80,000

  • GRANTS WERE MADE TO VARIOUS NONPROFIT ORGANIZATIONS WITHIN THE MARION COUNTY AREA TO IMPROVE THE QUALITY OF LIFE IN MARION COUNTY SC.

    Expenses $419,158 · Grants $419,158

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Gangatharan Mathisuthan

    BOARD MEMBER

    Total calculated
    $4,200
    From this org
    $4,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.57
  • Edwin P Rogers

    BOARD MEMBER

    Total calculated
    $4,800
    From this org
    $4,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.57
  • Wayne George

    TREASURER

    Total calculated
    $4,700
    From this org
    $4,700
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.57
  • Edward Whittington

    BOARD MEMBER

    Total calculated
    $4,800
    From this org
    $4,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.57
  • Johnny Floyd

    BOARD MEMBER

    Total calculated
    $5,600
    From this org
    $5,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.57
  • Beth Klauber

    VICE CHAIR

    Total calculated
    $4,800
    From this org
    $4,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.57
  • Sylvia Holmes

    CHAIR

    Total calculated
    $8,400
    From this org
    $8,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.57
  • Jean Pearson

    SECRETARY

    Total calculated
    $4,800
    From this org
    $4,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.57
  • Janie M Johnson

    BOARD MEMBER

    Total calculated
    $5,600
    From this org
    $5,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.57
  • Dianne Herrington

    BOARD MEMBER

    Total calculated
    $4,700
    From this org
    $4,700
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Rev Curtis Campbell

    BOARD MEMBER

    Total calculated
    $4,500
    From this org
    $4,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.57
  • James A Battle Jr

    BOARD MEMBER

    Total calculated
    $6,000
    From this org
    $6,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.57
  • Kent M Williams

    BOARD MEMBER

    Total calculated
    $4,800
    From this org
    $4,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.57
  • Peter Mazzaroni

    EXECUTIVE DIRECTOR

    Total calculated
    $125,000
    From this org
    $125,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
31 July 2023
IRS schema version
2022v5.0
Source object
202322159349300922

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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