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Nonprofiteer
← MARION COUNTY HEALTHCARE FOUNDATION

Form 990 for tax year 2024

Filed by MARION COUNTY HEALTHCARE FOUNDATION.

Totals

Total revenue
$4,306,993
Total expenses
$1,958,122
Contributions and grants received
$0
Grants paid
$1,139,981
Program service revenue
$0
Investment income
$4,306,993
Other revenue
$0
Total assets, end of year
$81,279,237
Total liabilities, end of year
$12,115
Net assets or fund balances, end of year
$81,267,122
Program services expenses (Part IX)
$1,139,981
Management and general expenses
$818,141
Fundraising expenses
$0
Program service expenses (Part III)
$1,139,981

Program services were 58.2% 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.

  • 3 · Investment income

    total $1,984,181 · excluded $1,984,181

  • 7a · Gross sales of assets other than inventory

    securities $20,128,034

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

    securities $17,805,222

  • 7c · Gain or loss

    securities $2,322,812

  • 7d · Net gain or loss

    total $2,322,812 · excluded $2,322,812

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,139,981 · program services $1,139,981

  • 5 · Compensation of officers, directors and key employees

    total $151,250 · management and general $151,250

  • 9 · Other employee benefits

    total $11,621 · management and general $11,621

  • 11a · Fees: management

    total $63,100 · management and general $63,100

  • 11c · Fees: accounting

    total $37,561 · management and general $37,561

  • 11f · Fees: investment management

    total $459,026 · management and general $459,026

  • 13 · Office expenses

    total $3,852 · management and general $3,852

  • 14 · Information technology

    total $7,585 · management and general $7,585

  • 16 · Occupancy

    total $29,219 · management and general $29,219

  • 17 · Travel

    total $1,998 · management and general $1,998

  • 19 · Conferences, conventions and meetings

    total $3,039 · management and general $3,039

  • 22 · Depreciation, depletion and amortization

    total $31,572 · management and general $31,572

  • 23 · Insurance

    total $8,983 · management and general $8,983

  • 24a · Other expenses: DUES AND MEMBERSHIPS &

    total $7,962 · management and general $7,962

  • 24b · Other expenses: SECURITY

    total $743 · management and general $743

  • 24c · Other expenses: OTHER

    total $630 · management and general $630

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $414,442 · end of year $955,662

  • 7 · Other notes and loans receivable

    beginning of year $500,000 · end of year $0

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

    $580,832

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

    $480,285

  • 10c · Land, buildings and equipment, net

    beginning of year $121,038 · end of year $100,547

  • 11 · Investments: publicly traded securities

    beginning of year $73,494,354 · end of year $79,947,230

  • 15 · Other assets

    beginning of year $227,252 · end of year $275,798

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,324 · end of year $12,115

  • 27 · Net assets without donor restrictions

    beginning of year $74,747,762 · end of year $81,267,122

Mission and programs · 2024

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.

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

    Expenses $439,981 · Grants $439,981

  • FUNDING WAS PROVIDED TO THE MEDICAL UNIVERSITY HOSPITAL AU TO ASSIST WITH THE REHAB OF THE CT SCANNER

    Expenses $500,000 · Grants $500,000

  • FUNDING WAS PROVIDED TO THE MEDICAL UNIVERSITY HOSPITAL LOCATED IN MARION TO ASSIST WITH THEIR COLORECTAL CANCER PROGRAM.

    Expenses $200,000 · Grants $200,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Gangatharan Mathisuthan

    BOARD MEMBER

    Total calculated
    $3,900
    From this org
    $3,900
    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

  • Johnny Floyd

    BOARD MEMBER

    Total calculated
    $6,000
    From this org
    $6,000
    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
    1

  • Jean Pearson

    SECRETARY

    Total calculated
    $4,500
    From this org
    $4,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.57

  • Janie M Johnson

    BOARD MEMBER

    Total calculated
    $5,700
    From this org
    $5,700
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.57

  • Dianne Herrington

    BOARD MEMBER

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

  • Rev Curtis Campbell

    BOARD MEMBER

    Total calculated
    $4,800
    From this org
    $4,800
    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
    $4,700
    From this org
    $4,700
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.57

  • Peter Mazzaroni

    EXECUTIVE DIRECTOR

    Total calculated
    $151,250
    From this org
    $151,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $151,250
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $151,250

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

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

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

  • MEDICAL UNIVERSITY HOSPITAL

    $500,000

    REHAB OF CT SCANNER

  • MUSC FOUNDATION

    $200,000

    COLORECTAL CANCER PROGRAM

  • MARION COUNTY SCHOOL DISTRICT

    $125,000

    DISTRICT IMPROVEMENT & CULTIVATE EXCELLENCE (YR. 2 OF 4)

  • CITY OF MARION

    $82,400

    RECREATION LIGHTS (YR. 2 OF 5)

  • PEE DEE REGIONAL TRANSPORTATION AUTHORITY

    $47,741

    COMMUNITY IMPACT (3 OF 3)

  • CITY OF MULLINS

    $29,001

    FACADE GRANT

  • HEALTHY LEARNERS

    $25,000

    CHILDREN HEALTH CARE ACCESS

  • THE JONATHAN FOUNDATION

    $25,000

    SUICIDE PREVENTION

  • TROY JOHNSON LEARNING CENTER

    $20,000

    ACQUISITION OF COMPUTERS AND SMART BOARDS

  • AMERICAN RED CROSS

    $15,000

    BIOMEDICAL BLOOD PROGRAM SERVICES

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

Provenance

Return type
form_990
Tax year
2024
Filed
17 October 2025
IRS schema version
2024v5.2
Source object
202503019349300810

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

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