Blount Memorial Foundation For Medical Care Inc
- Assets
- $2.8m
- Revenue
- $744.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Maryville, TN
- Founding
- 12/1992
- Data as of
- 06/2022
- EIN
- 62-1412287
Organization Overview
Blount Memorial Foundation For Medical Care Inc is located in Maryville, TN. The organization was established in 1992. 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. Blount Memorial Foundation For Medical Care 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 06/2022, Blount Memorial Foundation For Medical Care Inc generated $744.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $237.1k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT AND ADVOCACY FOR PROGRAMS THAT PROMOTE THE HEALTH AND WELL-BEING OF THE ENTIRE COMMUNITY, AS WELL AS THE UNINSURED AND UNDERSERVED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING ACCESS TO COMPLETE CARE REGARDLESS OF INSURANCE STATUS - TO PROVIDE FUNDING FOR SPECIALIZED TOOLS FOR PEDIATRIC REHABILITATION WHEN FAMILIES ARE UNABLE TO PAY FOR THESE TOOLS. QUALITY CARE THROUGH THERAPY AND THESE SPECIALIZED TOOLS HAVE BEEN PROVEN TO HELP CHILDREN BE MORE SUCCESSFUL IN SCHOOL AND MORE INDEPENDENT IN LIFE.
PROVIDING ACCESS TO PEDIATRIC REHABILITATION - THE PROGRAM PROVIDES ACCESS TO PT/OT THERAPIES TO ALICE CHILDREN WHOSE FAMILIES WOULD OTHERWISE REFUSE TREATMENT DUE TO COST. THE PROGRAM REMOVES THE UNEXPECTED MEDICAL BILL ALLOWING FAMILIES TO RECEIVE ACCESS TO NEEDED CARE. THE FACILITY SUPPORTS MORE THAN 2000 CHILDREN AND YOUNG ADULTS PER MONTH. PROJECT SUCCESS IS DETERMINED BASED ON THE NUMBER OF CHILDREN WHO PARTICIPATE IN PRESCRIBED TREATMENT AND ACHIEVE THEIR INDIVIDUALIZED TREATMENT GOAL.
THE FOUNDATION MADE DONATIONS TO THE BLOUNT MEMORIAL CANCER CENTER AND OTHER COMMUNITY CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Smith Cfo/treasure | OfficerTrustee | 2 | $0 |
Matt Haralson Board Chairm | OfficerTrustee | 0.38 | $0 |
Mary Beth West Board Vice C | OfficerTrustee | 0.24 | $0 |
Connie Huffman President/co | Officer | 40 | $0 |
Dr Phil Hoffman Board Member | Trustee | 0.52 | $0 |
Joe Dawson Board Member | Trustee | 0.32 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $149,622 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $289,353 |
| Noncash contributions included in lines 1a–1f | $13,353 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $438,975 |
| Total Program Service Revenue | $0 |
| Investment income | $260,085 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $89,655 |
| Net Income from Fundraising Events | -$44,503 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $744,212 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $218,180 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,228 |
| Fees for services: Other | $0 |
| Advertising and promotion | $20 |
| Office expenses | $343 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $237,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $196,430 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $73,347 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,200 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,546,308 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,817,285 |
| Accounts payable and accrued expenses | $7,510 |
| Grants payable | $0 |
| Deferred revenue | $17,490 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $25,000 |
| Net assets without donor restrictions | $1,482,983 |
| Net assets with donor restrictions | $1,309,302 |
| 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 | $2,817,285 |
Grants Awarded
Over the last fiscal year, Blount Memorial Foundation For Medical Care Inc has awarded $218,180 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
BLOUNT MEMORIAL HOSPITAL PURPOSE: TO SUPPORT OPERATION | $98,835 |
BLOUNT MEMORIAL HOSPITAL PURPOSE: TREADMILLS | $33,692 |
BLOUNT MEMORIAL HOSPITAL PURPOSE: BREAST BOARD | $28,415 |
BLOUNT MEMORIAL HOSPITAL PURPOSE: SENSORY ROOM | $25,000 |
BLOUNT MEMORIAL HOSPITAL PURPOSE: PEDIATRIC REHAB | $23,238 |
BLOUNT MEMORIAL HOSPITAL PURPOSE: MED FITNESS BIKES | $9,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Blount Memorial Foundation For Medical Care Inc has recieved totaling $127.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $77 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $50 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bon Secours - St Francis Medical Center Inc Center Inc Richmond, VA | $0 | $100,867,544 |
Cumberland Medical Center Inc Knoxville, TN | $90,595,447 | $102,035,662 |
Wellstar Atlanta Medical Center Inc Marietta, GA | $0 | $67,312,967 |
St Lukes Des Peres Episcopal-Presbyterian Hospital Chesterfield, MO | $97,618,886 | $86,507,537 |
Ascension Via Christi Hospital Manhattan Inc St Louis, MO | $74,708,914 | $108,962,150 |
Russell Hospital Corporation Alexander City, AL | $200,974,308 | $111,392,517 |
Halifax Regional Hospital Inc Norfolk, VA | $49,612,708 | $85,918,796 |
Shore Health Services Inc Newport News, VA | $73,414,092 | $98,574,947 |
Mosaic Medical Center - Maryville Saint Joseph, MO | $38,239,596 | $87,440,620 |
Southside Community Hospital Inc Farmville, VA | $139,378,592 | $111,131,365 |
Randolph Hospital Inc Asheboro, NC | $0 | $81,442,252 |
Arh Mary Breckinridge Health Services Inc Lexington, KY | $97,812,617 | $88,178,472 |