Comanche County Memorial Hospital Foundation Inc
- Assets
- $2.6m
- Revenue
- $902.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Lawton, OK
- Founding
- 07/1993
- Data as of
- 06/2020
- EIN
- 73-1424430
Organization Overview
Comanche County Memorial Hospital Foundation Inc is located in Lawton, OK. The organization was established in 1993. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Comanche County Memorial Hospital Foundation 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 06/2020, Comanche County Memorial Hospital Foundation Inc generated $902.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $494.4k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (13.7%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO COORDINATE AND ENCOURAGE FINANCIAL GIFTS AND COMMUNITY INVOLVEMENT TO SUPPORT THE MISSION OF COMANCHE COUNTY MEMORIAL HOSPITAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COMANCHE COUNTY MEMORIAL HOSPITAL FOUNDATION, INC. WAS ESTABLISHED IN 1993 TO COORDINATE AND ENCOURAGE FINANCIAL GIFTS AND COMMUNITY INVOLVEMENT TO SUPPORT THE MISSION OF COMANCHE COUNTY MEMORIAL HOSPITAL. THE HOSPITAL SERVED ITS FIRST PATIENTS IN 1951. ITS MISSION IS TO PROVIDE OPTIMAL QUALITY AND COST EFFECTIVE HEALTHCARE SERVICES THROUGH A CONTINUOUS PARTNERSHIP WITH PATIENTS, EMPLOYEES, MEDICAL STAFF, AREA COMMUNITIES AND BOARD OF TRUSTEES. THE HOSPITAL HAS A PROUD HISTORY OF INNOVATION AND DEDICATED SERVICE IN ITS COMMITMENT TO EXCEPTIONAL PATIENT CARE. THE FOUNDATION EXISTS TO FURTHER THE GOALS OF COMANCHE COUNTY MEMORIAL HOSPITAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Boatsman MD Chairman | OfficerTrustee | 3 | $0 |
Natalie Fitch Vice Chairwoman | OfficerTrustee | 4 | $0 |
Phil Kennedy Secretary/treasurer | OfficerTrustee | 1 | $0 |
Lea Ann Chandler Executive Director | OfficerTrustee | 40 | $0 |
Dede Armes Director | Trustee | 2 | $0 |
David Denham Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $880,831 |
| Investment income | $21,930 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $902,761 |
| Statement of Expenses | |
|---|---|
| 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 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 | $8,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $23,240 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $11,805 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,417 |
| 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 | $494,424 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $805,717 |
| Savings and temporary cash investments | $1,218,457 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $41,265 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $497,476 |
| Total assets | $2,562,915 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $2,562,915 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Comanche County Memorial Hospital Foundation Inc has recieved totaling $450.
| Awarding Organization | Amount |
|---|---|
The Makesense Foundation Sapulpa, OK PURPOSE: CHARITABLE | $450 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brown Foundation Inc Houston, TX | $979,120,834 | $115,841,262 |
Moody Foundation Galveston, TX | $975,031,131 | $132,742,251 |
Alice L Walton Foundation Bentonville, AR | $3,555,974,062 | $449,327,995 |
Edward N And Della L Thome Memorial Foundation Dallas, TX | $16,863,248 | $21,555,807 |
Burnett Foundation Fort Worth, TX | $195,880,351 | $2,811,908 |
Jesus Fund Little Rock, AR | $476,522,715 | $128,635,887 |
Rapier Family Foundation San Antonio, TX | $15,198 | $1,321,420 |
Dan L Duncan Family Foundation Houston, TX | $0 | $27,292,814 |
James S Mcdonnell Foundation St Louis, MO | $496,119,714 | $80,243,658 |
Patterson Family Foundation Kansas City, MO | $1,526,002,008 | $1,174,628,172 |
Fmh Foundation Midland, TX | $321,253,044 | $148,706,487 |
Inasmuch Foundation Oklahoma City, OK | $394,422,796 | $49,887,073 |