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Nonprofiteer
← POWELL COUNTY MEDICAL FOUNDATION INC

Form 990 for tax year 2024

Filed by POWELL COUNTY MEDICAL FOUNDATION INC.

Totals

Total revenue
$121,179
Total expenses
$13,460
Contributions and grants received
$33,125
Grants paid
$0
Program service revenue
$0
Investment income
$42,175
Other revenue
$45,879
Total assets, end of year
$955,034
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$955,034
Program services expenses (Part IX)
$13,460
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$13,460

Program services were 100.0% 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.

  • 1f · All other contributions, gifts and grants

    $33,125

  • 3 · Investment income

    total $34,216 · excluded $34,216

  • 7a · Gross sales of assets other than inventory

    securities $50,795

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

    securities $42,836

  • 7c · Gain or loss

    securities $7,959

  • 7d · Net gain or loss

    total $7,959 · related or exempt $7,959

  • 8a · Fundraising events: gross income

    $108,986

  • 8b · Fundraising events: direct expenses

    $63,107

  • 8c · Net income from fundraising events

    total $45,879 · excluded $45,879

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $750 · program services $750

  • 13 · Office expenses

    total $1,357 · program services $1,357

  • 24a · Other expenses: PROGRAM SUPPORT COSTS

    total $11,353 · program services $11,353

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $135,647 · end of year $125,850

  • 2 · Savings and temporary cash investments

    beginning of year $334,541 · end of year $443,044

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

    $1,500

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

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $1,500 · end of year $1,500

  • 12 · Investments: other securities

    beginning of year $326,627 · end of year $335,640

  • 15 · Other assets

    beginning of year $49,000 · end of year $49,000

  • 29 · Capital stock, trust principal or current funds

    beginning of year $847,315 · end of year $955,034

  • 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 $0 · end of year $0

Mission and programs · 2024

Mission

TO PROVIDE FUNDING FOR NUMEROUS RURAL MEDICAL COMMUNITY NEEDS:

  • CONTINUED BUILDING OF CHARITABLE TRUST,EARNINGS ARE USED TO PROVIDE GRANTS & OTHER FUNDING FOR OUR RURAL MEDICAL COMMUNITY NEEDS.

    Expenses $13,460

As filed on the 2024 return.

Listed in Part VII

  • Glenda Harris

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Joan Sewell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kyla Johnson

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Lewis Smith

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ron Snow

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Joncee Cumin

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Amber Brown

    VICE PRESIDENT

    Total calculated
    $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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202543219349309834

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