Robert W Mccormick Trust Fbo Jefferson Memorial Hospital
- Assets
- $2.2m
- Revenue
- $120.0k
- Investments
- $2.2m
- Employees
- 0
- Location
- Charles Town, WV
- Founding
- 04/1996
- Data as of
- 04/2024
- EIN
- 55-6124578
Organization Overview
Robert W Mccormick Trust Fbo Jefferson Memorial Hospital is located in Charles Town, WV. The organization was established in 1996. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Robert W Mccormick Trust Fbo Jefferson Memorial Hospital is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2024, Robert W Mccormick Trust Fbo Jefferson Memorial Hospital generated $120.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $201.5k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | 3 | $25,955 | |
F Samuel Byrer Trustee | 1.5 | $7,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $903 |
| Dividends & Interest | $84,626 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $30,260 |
| Capital Gain Net Income | $30,260 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,169 |
| Total Revenue | $119,958 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $32,955 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $983 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $35,417 |
| Contributions, gifts, grants paid | $166,099 |
| Total expenses and disbursements | $201,516 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,838 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,964,990 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,183,585 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |