Ronald Mcdonald House Charities Of Memphis Inc

Organization Overview

Ronald Mcdonald House Charities Of Memphis Inc is located in Memphis, TN. The organization was established in 1986. According to its NTEE Classification (G30) the organization is classified as: Cancer, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, Ronald Mcdonald House Charities Of Memphis Inc employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ronald Mcdonald House Charities Of Memphis Inc 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 12/2021, Ronald Mcdonald House Charities Of Memphis Inc generated $3.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $3.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF RONALD MCDONALD HOUSE CHARITIES OF MEMPHIS IS TO PROVIDE TEMPORARY HOUSING AT NO CHARGE FOR FAMILIES WHO ARE IN MEMPHIS WHILE THEIR CHILD IS RECEIVING TREATMENT FOR CANCER OR ANOTHER CATASTROPHIC ILLNESS AT ST. JUDE CHILDREN'S RESEARCH HOSPITAL.

Describe the Organization's Program Activity:

RMHC MEMPHIS CELEBRATED 30 YEARS OF SERVICE IN 2021 ALONG WITH INTENTIONAL UPGRADES OF CAPITAL EXPENDITURES TO BETTER SERVE FAMILIES, AND HELD THE LARGEST FUNDRAISER IN THE HISTORY OF THE HOUSE.


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Board, Officers & Key Employees

Name (title)Compensation
Jill Crocker
Executive Director
$158,616
Sherri Maxey
Director Of Family Service
$100,564
Rene Bustamante
President
$0
Mike Amick Jr
Vice President
$0
Karen Goff Thomas
Treasurer
$0
Betsy Brasher Melby
Secretary
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Damon Marcus
Hvac Services
$353,954
Proscan Solutions
Keyless Entry & Camera Security Project
$159,770
G4s Secure Solutions Inc
Security Services
$143,430
Truesense Marketing
Marketing Solicitations
$105,565
View All Vendors

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$1,310,896
Noncash contributions included in lines 1a–1f $25,000
Total Revenue from Contributions, Gifts, Grants & Similar$1,310,896
Total Program Service Revenue$979,397
Investment income $418,386
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $327,631
Net Income from Fundraising Events $605,995
Net Income from Gaming Activities $42,139
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,684,444

Grants Recieved

Over the last fiscal year, we have identified 15 grants that Ronald Mcdonald House Charities Of Memphis Inc has recieved totaling $743,558.

Awarding OrganizationAmount
Ronald Mcdonald House Charities Inc

Chicago, IL

PURPOSE: See part IV - d

$289,271
Sky High For St Judes Inc

Houston, TX

PURPOSE: TO PROVIDE COMFORT AND SUPPORT FAMILIES WHILE STAYING FOR TREATMENT AT ST. JUDE CHILDREN'S RESEARCH HOSPITAL.

$250,000
Alis Way

Memphis, TN

PURPOSE: TO ASSIST FAMILIES AS THEY FIGHT CANCER.TO ASSIST FAMILIES AS THEY FIGHT CANCER.

$61,900
Charity Cars Inc

Longwood, FL

PURPOSE: TRANSPORTATION

$44,450
Community Foundation Of Greater Memphis Inc

Memphis, TN

PURPOSE: GENERAL OPERATIONAL SUPPORT

$40,600
Truist Foundation Inc

Orlando, FL

PURPOSE: GENERAL OPERATING

$20,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,015,264
Earnings$625,354
Admin Expense$37,279
Ending Balance$5,603,339

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