Howard Memorial Hospital Foundation
- Assets
- $1.3m
- Revenue
- $191.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, AR
- Founding
- 08/1987
- Data as of
- 09/2021
- EIN
- 71-0644638
Organization Overview
Howard Memorial Hospital Foundation is located in Nashville, AR. The organization was established in 1987. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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. Howard Memorial Hospital Foundation 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 09/2021, Howard Memorial Hospital Foundation generated $191.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $81.9k during the year ending 09/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ASSISTANCE AND FURTHER THE PURPOSE OF HOWARD MEMORIAL HOSPITAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION HAS RAISED FUNDS TO CONSTRUCT A MEDICAL PHYSICIANS' OFFICE BUILDING NEAR THE HOSPITAL. THIS WILL HELP ATTRACT NEW PHYSICIANS' TO THE AREA. CONSTRUCTION ON THE FACILITY BEGAN IN NOVEMBER OF 2012 AND WAS COMPLETED IN 2013.
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 |
|---|---|---|---|
John Robert Schirmer Sec/treasurer | OfficerTrustee | 1 | $0 |
Gary Dan Futrell Chairman | OfficerTrustee | 1 | $0 |
Deb Kinkade Vice Chair | OfficerTrustee | 1 | $0 |
Riley Jamison Member | Trustee | 0 | $0 |
Sheila Kreul Member | Trustee | 0 | $0 |
Julie Rhodes Board Member | Trustee | 0 | $0 |
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 | $39,861 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,861 |
| Total Program Service Revenue | $0 |
| Investment income | $96,881 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $55,200 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $191,942 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $21,965 |
| Grants and other assistance to domestic individuals. | $12,154 |
| 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 | $76 |
| Fees for services: Accounting | $16,846 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,846 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,940 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,139 |
| Insurance | $0 |
| All other expenses | $243 |
| Total functional expenses | $81,925 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $135,257 |
| Savings and temporary cash investments | $106,331 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,600 |
| 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 | $0 |
| Net Land, buildings, and equipment | $556,651 |
| Investments—publicly traded securities | $453,203 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,033 |
| Total assets | $1,262,075 |
| Accounts payable and accrued expenses | $30 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $30 |
| Net assets without donor restrictions | $1,103,023 |
| Net assets with donor restrictions | $159,022 |
| 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 | $1,262,075 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of New Orleans Research & Technology Foundation Inc New Orleans, LA | $91,467,735 | $9,932,427 |
Ozarks Coca-Cola Dr Pepper Bottling Company Group Health Care Trust Springfield, MO | $7,831,308 | $12,060,028 |
Ascension St John Foundation St Louis, MO | $103,759,239 | $15,321,918 |
Integris Health Foundation Inc Oklahoma City, OK | $92,062,321 | $6,628,637 |
Dr Ralph And Marian Falk Medical Research Trust Dallas, TX | $157,031,108 | $27,774,925 |
Truman Medical Center Charitable Foundation Kansas City, MO | $28,332,798 | $9,393,864 |
St John Health System Foundation Inc St Louis, MO | $83,967,930 | $10,002,573 |
Baxter Regional Health System Mountain Home, AR | $14,213,450 | $5,449,771 |
West Texas Rehabilitation Center Foundation Abilene, TX | $206,763,020 | $14,541,495 |
Steamfitters Local Union No 614 Health And Welfare Fund Goodlettsville, TN | $7,419,659 | $7,338,245 |
Mercy Health Foundation Springfield Springfield, MO | $38,275,531 | $1,985,040 |
Adventhealth Family Medicine Rural Health Clinics Inc Lampasas, TX | $9,726,205 | $5,929,517 |