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MATAGORDA REGIONAL MEDICAL CENTER FOUNDATION: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
MATAGORDA REGIONAL MEDICAL CENTER FOUNDATION (EIN 20-1101495)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-21
IRS object ID
202401429349301555
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-21T16:38:47-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN421655494PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KM&L LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12245 AVENUE GAddressLine1Txt
CityBAY CITYCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77414ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN201101495EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MATAGORDA REGIONAL MEDICALBusinessNameLine1Txt
Business Name Line2CENTER FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlMATABusinessNameControlTxt
Phone9792416524PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1104 7TH STREETAddressLine1Txt
CityBAY CITYCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77414ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTIM POWELLPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone9792415521PhoneNum
Signature2024-05-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstTIMPersonFirstNm
Person LastPOWELLPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL D GRIFFITH CPAPreparerPersonNm
PTINP00821386PTIN
Phone9792459236PhoneNum
Preparation2024-05-10PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerTIM POWELLPrincipalOfficerNm
Gross Receipts$196,230GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.MATAGORDAREGIONAL.ORG/FOUNDATIONWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2004FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionTO BENEFIT, CARRYOUT, SUPPORT, AND/OR PERFORM THE SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES OF THE MATAGORDA COUNTY HOSPITAL DISTRICT, A GOVERNMENTAL UNIT OF TEXAS DESCRIBED IN IRC 170(B)(1)(A)(V).ActivityOrMissionDesc
Voting Members Governing Body16VotingMembersGoverningBodyCnt
Voting Members Independent16VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$290,461PYContributionsGrantsAmt
CY Contributions Grants$195,455CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$5,147PYInvestmentIncomeAmt
CY Investment Income$775CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$295,608PYTotalRevenueAmt
CY Total Revenue$196,230CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$51,521CYTotalFundraisingExpenseAmt
PY Other Expenses$465,266PYOtherExpensesAmt
CY Other Expenses$72,292CYOtherExpensesAmt
PY Total Expenses$465,266PYTotalExpensesAmt
CY Total Expenses$72,292CYTotalExpensesAmt
PY Revenues Less Expenses-$169,658PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$123,938CYRevenuesLessExpensesAmt
Total Assets BOY$117,677TotalAssetsBOYAmt
Total Assets EOY$241,615TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$117,677NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$241,615NetAssetsOrFundBalancesEOYAmt
MissionTO BENEFIT, CARRYOUT, SUPPORT, AND/OR PERFORM THE SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES OF THE MATAGORDA COUNTY HOSPITAL DISTRICT, A GOVERNMENTAL UNIT OF TEXAS DESCRIBED IN IRC 170(B)(1)(A)(V).MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$20,771ExpenseAmt
DescTO BENEFIT, CARRYOUT, SUPPORT, AND/OR PERFORM THE SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSE OF THE MATAGORDA COUNTY HOSPITAL DISTRICT, A GOVENMENTAL UNIT OF THE STATE OF TEXAS DESCRIBED IN IRC 170(B)(1)(A)(V).Desc
Total Program Service Expenses$20,771TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members16GoverningBodyVotingMembersCnt
Independent Voting Member16IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonTIFFANY FOLTYNPersonNm
Phone9792415534PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11833 7TH STREETAddressLine1Txt
Address Line21833 7TH STREETAddressLine2Txt
CityBAY CITYCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77414ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
SUSAN BURTON
DIRECTORYes (X)$0$0$0
VENESSA GREEN
DIRECTORYes (X)$0$0$0
JORDAN KRAUSKOPF
DIRECTORYes (X)$0$0$0
LINDA KRAUSKOPF
DIRECTORYes (X)$0$0$0
JUDY MALACHOWSKI
DIRECTORYes (X)$0$0$0
MIKE MUECKE
DIRECTORYes (X)$0$0$0
NICASIO PEREZ
DIRECTORYes (X)$0$0$0
TIM POWELL
PRESIDENTYes (X)$0$0$0Yes (X)
KIM SCHNEIDER
DIRECTORYes (X)$0$0$0
BOBBY WILKINSON
DIRECTORYes (X)$0$0$0
ALLYSON P WRIGHT
VICE PRESIDEYes (X)$0$0$0Yes (X)
STEPHANIE WURTZ
TREASURER/SEYes (X)$0$0$0Yes (X)
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$195,455AllOtherContributionsAmt
Total Contributions$195,455TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$775TotalRevenueColumnAmt
Related Or Exempt Func Income$174RelatedOrExemptFuncIncomeAmt
Exclusion$601ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$196,230TotalRevenueColumnAmt
Related Or Exempt Func Income$174RelatedOrExemptFuncIncomeAmt
Exclusion$601ExclusionAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,906TotalAmt
Program Services$2,906ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$564TotalAmt
Program Services$564ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtFundraisingFundraisingAmtProgram ServicesProgramServicesAmt
FUNDRAISER EXPENSES$51,521$51,521
NURSING SCHOLARSHIPS$7,500$7,500
EMERGENCY FUND EXP$7,000$7,000
BANK CARD FEES$1,286$1,286

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,515TotalAmt
Program Services$1,515ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$72,292TotalAmt
Program Services$20,771ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$51,521FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$105,721BOYAmt
EOY$234,130EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$11,956BOYAmt
EOY$7,485EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$6,495LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$6,495LandBldgEquipAccumDeprecAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$117,677BOYAmt
EOY$241,615EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$76,614BOYAmt
EOY$84,362EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$41,063BOYAmt
EOY$157,253EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$117,677BOYAmt
EOY$241,615EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$117,677BOYAmt
EOY$241,615EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$123,938ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type3 Func IntYes (X)SupportingOrgType3FuncIntInd
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1MATAGORDA REGIONAL MEDICAL CENTERBusinessNameLine1Txt
Business Name Line2MATAGORDA REGIONAL MEDICAL CENTERBusinessNameLine2Txt
FieldValueIRS element (for citing)
EIN746025069EIN
Organization Type3OrganizationTypeCd
Governing Document ListedYes (true)GoverningDocumentListedInd
Support$14,500SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$14,500SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (true)ListedByNameGoverningDocInd
Suprt Org No IRS DeterminationfalseSuprtOrgNoIRSDeterminationInd
Supported Org Section C456falseSupportedOrgSectionC456Ind
Supported Org Not Organized USfalseSupportedOrgNotOrganizedUSInd
Organization Change Suprt OrgfalseOrganizationChangeSuprtOrgInd
Support Non Supported OrgfalseSupportNonSupportedOrgInd
Payment Substantial ContribtrfalsePaymentSubstantialContribtrInd
Loan Disqualified PersonfalseLoanDisqualifiedPersonInd
Controlled Disqualified PrsnfalseControlledDisqualifiedPrsnInd
Disqualified Prsn Controll IntfalseDisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr IntfalseDisqualifiedPrsnOwnrIntInd
Excess Business Holdings RulesfalseExcessBusinessHoldingsRulesInd
Contribution ControllerfalseContributionControllerInd
Contribution FamilyfalseContributionFamilyInd
Contribution35 ControlledfalseContribution35ControlledInd

Form990 Sch A Type3 Sprt Org All Form990SchAType3SprtOrgAllGrp

FieldValueIRS element (for citing)
Timely Provided DocumentsfalseTimelyProvidedDocumentsInd
Officers Close RelationshipYes (true)OfficersCloseRelationshipInd
Supported Org Voice InvestmentfalseSupportedOrgVoiceInvestmentInd

Form990 Sch A Type3 Func Int Form990SchAType3FuncIntGrp

FieldValueIRS element (for citing)
Activities TestYes (X)ActivitiesTestInd
Parent Supported OrgYes (X)ParentSupportedOrgInd
Activities Further Exempt PrpsYes (true)ActivitiesFurtherExemptPrpsInd
Activities Engaged Org InvlmntYes (true)ActivitiesEngagedOrgInvlmntInd
Appoint Elect Majority OfficerfalseAppointElectMajorityOfficerInd
Exercise Direction PoliciesfalseExerciseDirectionPoliciesInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, SECTION E, LINE 2ATHE FOUNDATION SUPPORTS MATAGORDA REGIONAL MEDICAL CENTER (A COUNTY HOSPITAL)THROUGH SOLICITATION OF PUBLIC FUNDS, GRANTS, AWARDS AND ENDOWMENTS USED TO FUND FACILITIES, HEALTHCARE PROGRAMS AS WELL AS PROMOTE THE CHARITABLE, SCIENTIFIC AND EDUCATIONAL PROGRAMS OF THE MATAGORDA COUNTY HOSPITAL DISTRICT AKA MATAGORDA REGIONAL MEDICAL CENTER A POLITICAL SUDIVISION AND GOVERNMENTAL UNIT OF THE STATE OF TEXAS.
PART IV, SECTION E, LINE 2BTHE SUPPORTED ORGANIZATION IS A COUNTY HOSPITAL WITH A BOARD APPOINTED BY COMMISSIONER'S COURT SEPARATE FROM THE FOUNDATION'S BOARD. THE FOUNDATION WAS FORMED FOR THE SPECIFIC INTENT TO CONTRIBUTE TO THE HOSPITAL (MATAGORDA COUNTY HOSPITAL DISTRICT AKA MATAGORDA REGIONAL MEDICAL CENTER).

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,495OtherCostOrOtherBasisAmt
Depreciation$6,495DepreciationAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 5, PART V, LINE 3B990-T NOT FILED FOR CURRENT YEAR BECAUSE THERE IS NO UNRELATED BUSINESS TAXABLE INCOME.
FORM 990, PAGE 6, PART VI, LINE 11BTHE DIRECTOR REVIEWS THE RETURN BEFORE FILING
FORM 990, PAGE 6, PART VI, LINE 19UPON WRITTEN REQUEST TO THE OFFICE