Marion County Healthcare Foundation
- Assets
- $79.3m
- Revenue
- $5.9m
- Investments
- $0.0
- Employees
- 1
- Location
- Mullins, SC
- Founding
- 03/2013
- Data as of
- 12/2021
- EIN
- 57-1126478
Organization Overview
Marion County Healthcare Foundation is located in Mullins, SC. The organization was established in 2013. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marion County Healthcare Foundation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Marion County Healthcare Foundation generated $5.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $1.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Marion County Healthcare Foundation has awarded 94 individual grants totaling $7,647,514. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MARION COUNTY LIBRARY WAS PROVIDED WITH FUNDS TO ASSIST WITH LIBRARY RENOVATIONS.
FUNDS WERE PROVIDED TO ASSIST MARION COUNTY WITH THE CONSTRUCTION OF THE CLEMENTE PINKNEY MEMORIAL COMMUNITY PARK (THIS WAS THE THIRD AND FINAL PAYMENT OF A 3 YEAR PLEDGE)
FUNDING WAS PROVIDED TO ASSIST WITH OPERATIONS OF THE AMAZING GRACE PARK (THIS IS THE FIRST OF A 3 YEAR PLEDGE)
GRANTS WERE MADE TO VARIOUS NONPROFIT ORGANIZATIONS WITHIN THE MARION COUNTY AREA TO IMPROVE THE QUALITY OF LIFE IN MARION COUNTY SC.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Mazzaroni Executive Director | Officer | 40 | $117,083 |
Dianne Herrington Chair | Trustee | 1 | $8,400 |
Johnny Floyd Board Member | Trustee | 0.57 | $6,500 |
James A Battle Jr Treasurer | Trustee | 0.57 | $6,100 |
Janie M Johnson Board Member | Trustee | 0.57 | $6,100 |
Edwin P Rogers Board Member | Trustee | 0.57 | $4,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $1,541,161 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,343,749 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,885,329 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $894,906 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $117,083 |
| Compensation of current officers, directors, key employees. | $117,083 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,010 |
| Fees for services: Management | $69,400 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $33,031 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $454,024 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,289 |
| Information technology | $7,044 |
| Royalties | $0 |
| Occupancy | $14,521 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $255 |
| Interest | $17,456 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,431 |
| Insurance | $12,799 |
| All other expenses | $0 |
| Total functional expenses | $1,671,815 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $294,441 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $500,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,303 |
| Net Land, buildings, and equipment | $182,304 |
| Investments—publicly traded securities | $78,153,989 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $190,059 |
| Total assets | $79,323,096 |
| Accounts payable and accrued expenses | $2,477 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $500,000 |
| Other liabilities | $0 |
| Total liabilities | $502,477 |
| Net assets without donor restrictions | $78,820,619 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $79,323,096 |
Grants Awarded
Over the last fiscal year, Marion County Healthcare Foundation has awarded $852,517 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
MARION COUNTY LIBRARY PURPOSE: BUILDING RENOVATION | $500,000 |
MARION COUNTY PURPOSE: CONSTRUCTION OF PINCKNEY PARK | $119,531 |
Marion, SC PURPOSE: COMMUNITY PARK OPERATIONS | $56,000 |
Mullins, SC PURPOSE: HOME REPAIRS FOR LOW INCOME FAMILIES | $50,000 |
Marion, SC PURPOSE: ACQUISITION OF TWO LUCAS DEVICES | $41,486 |
Marion, SC PURPOSE: DOWNTOWN FACADE RENOVATIONS | $26,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Marion County Healthcare Foundation has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Sisters Of Charity Foundation Of South Carolina Cleveland, OH PURPOSE: Health | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Armc Physicians Care Inc Greensboro, NC | $1,939,063 | $13,036,879 |
Healthcare Foundation Of Wilson Wilson, NC | $207,911,505 | $10,473,791 |
Alleghany County Memorial Hospital Inc Sparta, NC | $23,031,959 | $15,886,871 |
Wellstar Sylvan Grove Hospital Inc Marietta, GA | $8,619,975 | $16,516,673 |
Pender Memorial Hospital Incorporated Burgaw, NC | $39,814,102 | $13,183,408 |
Kershawhealth Camden, SC | $123,086,645 | $13,029,458 |
The Spartanburg Regional Healthcare System Foundation Spartanburg, SC | $49,277,778 | $9,433,693 |
Mcleod Medical Center Foundation Florence, SC | $18,821,181 | $10,718,448 |
Glynn-Brunswick Memorial Hospital Authority Brunswick, GA | $242,841,000 | $8,949,000 |
Hospital Authority Of Clarke County Georgia Athens, GA | $176,767,692 | $7,567,283 |
Americus & Sumter County Hospital Authority Americus, GA | $60,458,156 | $1,420,033 |
Durham Asset Management Company Incorporated Durham, NC | $4,661,341 | $4,673,603 |