Civic Intelligence

7Th & Marshall Corporation

EIN 31-1568886 • 501(c)3 • Richmond, VA

Profile

7th & marshall corporation's primary purpose is to support the charitable, educational, and scientific purposes and activities of the hospital hospitality house of richmond, inc., virginia commonwealth university, and virginia commonwealthuniversity health system authority, all of richmond, virginia.

PO Box 980152Richmond, VA 23298

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

99th percentile

$794,666

Higher top officer pay than 99% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

29th percentile

-3.0%

Faster asset growth than 29% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Assets

Down

$4,883,781

Down $144,979 (-2.9%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Down

$4,883,781

Down $144,979 (-2.9%) from 2021

Revenue

Down

$0

Down $2,506,731 (-100%) from 2021

Expenses

Down

$205,849

Down $2,300,882 (-92%) from 2021

Net Income

Down

-$205,849

Down $205,849 from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2011: $2,936,404Liabilities 2011: $0Net Assets 2011: $2,936,4042011Assets 2012: $2,793,410Liabilities 2012: $0Net Assets 2012: $2,793,4102012Assets 2013: $2,673,607Liabilities 2013: $0Net Assets 2013: $2,673,6072013Assets 2014: $2,670,917Liabilities 2014: $0Net Assets 2014: $2,670,9172014Assets 2015: $2,579,409Liabilities 2015: $0Net Assets 2015: $2,579,4092015Assets 2017: $3,513,522Liabilities 2017: $0Net Assets 2017: $3,513,5222017Assets 2018: $4,086,452Liabilities 2018: $0Net Assets 2018: $4,086,4522018Assets 2019: $4,126,090Liabilities 2019: $0Net Assets 2019: $4,126,0902019Assets 2020: $5,252,821Liabilities 2020: $0Net Assets 2020: $5,252,8212020Assets 2021: $5,028,760Liabilities 2021: $0Net Assets 2021: $5,028,7602021Assets 2022: $4,883,781Liabilities 2022: $0Net Assets 2022: $4,883,7812022

Highlighted filing

2022

Assets$4,883,781
Liabilities$0
Net Assets$4,883,781

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,580,8892011Expenses 2012: $1,679,5662012Expenses 2013: $1,688,7352013Revenue 2014: $1,769,896Expenses 2014: $1,769,896Net Income 2014: $02014Revenue 2015: $2,020,198Expenses 2015: $2,020,198Net Income 2015: $02015Revenue 2017: $2,129,534Expenses 2017: $2,129,534Net Income 2017: $02017Revenue 2018: $2,260,337Expenses 2018: $2,260,337Net Income 2018: $02018Revenue 2019: $2,259,288Expenses 2019: $2,259,288Net Income 2019: $02019Revenue 2020: $2,292,855Expenses 2020: $2,292,855Net Income 2020: $02020Revenue 2021: $2,506,731Expenses 2021: $2,506,731Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $205,849Net Income 2022: -$205,8492022

Highlighted filing

2022

Revenue$0
Expenses$205,849
Net Income-$205,849

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 12, 2023
Return Version
2021v4.2
Gross Receipts
$0
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,028,760$4,883,781▼ $144,979
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors$0$0→ $0
Total Assets$5,028,760$4,883,781▼ $144,979
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,028,760$4,883,781▼ $144,979
Total Net Assets Fund Balance$5,028,760$4,883,781▼ $144,979
Total Liabilities and Net Assets / Fund Balance$5,028,760$4,883,781▼ $144,979

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,480,783$3,542,367$8,023,150
Land$402,998-$402,998
Compensation and Service Providers

Board Members and Trustees

NameTitle
-President
-Director
-Secretary
-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-205,849
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$205,849
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$205,849--$205,849
Total Functional Expenses$205,849$0$0$205,849
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6 Classes of members or stockholders

7th & marshall corporation has two members, university health services, inc. (uhs), a virginia nonstock corporation, and hospital hospitality house of richmond, inc. (hhh dba the doorways), a virginia nonstock corporation.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

The board of directors shall be elected or appointed at the annual meeting of the members or at any special meeting held in lieu thereof. The number of the directors shall be six (6), three of whom shall be appointed by uhs and the three of whom shall be appointed by hhh (the doorways), with each director appointed for a one-year term. Directors shall hold office until the later of their removal or until the next annual meeting of the members, or until their successors are elected.

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

The organization may not alter, amend or repeal its bylaws without approval of the two members of the organization.

Form 990, Part VI, Line 11B Review of form 990 by governing body

Financial information is provided by vcuhs' finance department to an independent accounting firm. The firm prepares the form 990 for review. The finance department reviews the form 990 with the appropriate executive director and finance leader of the organization. Upon final review with leadership, the governing body of the organization is provided with a copy of the return prior to filing with the irs.

Form 990, Part VI, Line 12C Conflict of interest policy

Vcu health system (vcuhs) has a conflict of interest policy that requires annual dislcosure of actual or potential conflicts. This policy applies to board members/managers, decision-making board committees and officers across all related entities. The annual disclosure is completed by a larger group of interested persons, including but not limited to those reported on internal revenue service (irs) form 990. Vcuhs is required to participate in the commonwealth's statement of economic interest process (soei). Vcuhs' participation in this process is mandated by the enabling legislation for vcuhs. Participation is required for directors and above. Additionally, employees are encouraged to contact the compliance helpline if they are aware of any violations of health system policy or have any compliance concerns. All concerns reported via this venue are investigated and appropriate remediation is implemented. When a voting board member has a conflict, the individual is prohibited from participating in the governing body's deliberations and decisions related to the conflicting transaction.

Form 990, Part VI, Line 19 Required documents available to the public

Documents are available for upon request.

Filing and Contact Details

Filer

Filer Name
7th & Marshall Corporation
EIN
31-1568886
Phone
8048284723
Address
PO BOX 980152, RICHMOND, VA 23298

Signing Officer

Name
Mike McNeely
Title
Treasurer
Phone
2023276000
Signed
2023-05-12
Discuss with paid preparer
Yes

Organization Details

Formed
1995
Legal Domicile
Va
Voting Board Members
6
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
Ernst & Young US Llp
Address
1101 NEW YORK AVENUE NW, Washington, DC 20005
Preparer
Amber Gazica
Phone
2023276000
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1 DESCRIPTION OF ORGANIZATION MISSION:

7th & marshall corporation's primary purpose is to support the charitable, educational, and scientific purposes and activities of the hospital hospitality house of richmond, inc., virginia commonwealth university, and virginia commonwealth university health system authority, all of richmond, virginia.

Form 990, Part III, Line 1 DESCRIPTION OF ORGANIZATION MISSION:

7th & marshall corporation accomplishes its exempt purpose principally through the ownership and operation of the hospital hospitality house inc. D.b.a. The doorways. The hospital hospitality house is utilized as a low cost temporary housing site for out of town patients and their families prior to and after inpatient stays. In addition, it is utilized by outpatients and same day surgery.

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

Capital purchases - 60870;

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BusinessName/BusinessNameLine1Txt2RALPH CLARK MD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BusinessName/BusinessNameLine1Txt3RYAN RAISIG
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt07TH & MARSHALL CORPORATION'S PRIMARY PURPOSE IS TO SUPPORT THE CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES AND ACTIVITIES OF THE HOSPITAL HOSPITALITY HOUSE OF RICHMOND, INC., VIRGINIA COMMONWEALTH UNIVERSITY, AND VIRGINIA COMMONWEALTH UNIVERSITY HEALTH SYSTEM AUTHORITY, ALL OF RICHMOND, VIRGINIA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17TH & MARSHALL CORPORATION ACCOMPLISHES ITS EXEMPT PURPOSE PRINCIPALLY THROUGH THE OWNERSHIP AND OPERATION OF THE HOSPITAL HOSPITALITY HOUSE INC. D.B.A. THE DOORWAYS. THE HOSPITAL HOSPITALITY HOUSE IS UTILIZED AS A LOW COST TEMPORARY HOUSING SITE FOR OUT OF TOWN PATIENTS AND THEIR FAMILIES PRIOR TO AND AFTER INPATIENT STAYS. IN ADDITION, IT IS UTILIZED BY OUTPATIENTS AND SAME DAY SURGERY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt27TH & MARSHALL CORPORATION HAS TWO MEMBERS, UNIVERSITY HEALTH SERVICES, INC. (UHS), A VIRGINIA NONSTOCK CORPORATION, AND HOSPITAL HOSPITALITY HOUSE OF RICHMOND, INC. (HHH DBA THE DOORWAYS), A VIRGINIA NONSTOCK CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS SHALL BE ELECTED OR APPOINTED AT THE ANNUAL MEETING OF THE MEMBERS OR AT ANY SPECIAL MEETING HELD IN LIEU THEREOF. THE NUMBER OF THE DIRECTORS SHALL BE SIX (6), THREE OF WHOM SHALL BE APPOINTED BY UHS AND THE THREE OF WHOM SHALL BE APPOINTED BY HHH (THE DOORWAYS), WITH EACH DIRECTOR APPOINTED FOR A ONE-YEAR TERM. DIRECTORS SHALL HOLD OFFICE UNTIL THE LATER OF THEIR REMOVAL OR UNTIL THE NEXT ANNUAL MEETING OF THE MEMBERS, OR UNTIL THEIR SUCCESSORS ARE ELECTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAY NOT ALTER, AMEND OR REPEAL ITS BYLAWS WITHOUT APPROVAL OF THE TWO MEMBERS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FINANCIAL INFORMATION IS PROVIDED BY VCUHS' FINANCE DEPARTMENT TO AN INDEPENDENT ACCOUNTING FIRM. THE FIRM PREPARES THE FORM 990 FOR REVIEW. THE FINANCE DEPARTMENT REVIEWS THE FORM 990 WITH THE APPROPRIATE EXECUTIVE DIRECTOR AND FINANCE LEADER OF THE ORGANIZATION. UPON FINAL REVIEW WITH LEADERSHIP, THE GOVERNING BODY OF THE ORGANIZATION IS PROVIDED WITH A COPY OF THE RETURN PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6VCU HEALTH SYSTEM (VCUHS) HAS A CONFLICT OF INTEREST POLICY THAT REQUIRES ANNUAL DISLCOSURE OF ACTUAL OR POTENTIAL CONFLICTS. THIS POLICY APPLIES TO BOARD MEMBERS/MANAGERS, DECISION-MAKING BOARD COMMITTEES AND OFFICERS ACROSS ALL RELATED ENTITIES. THE ANNUAL DISCLOSURE IS COMPLETED BY A LARGER GROUP OF INTERESTED PERSONS, INCLUDING BUT NOT LIMITED TO THOSE REPORTED ON INTERNAL REVENUE SERVICE (IRS) FORM 990. VCUHS IS REQUIRED TO PARTICIPATE IN THE COMMONWEALTH'S STATEMENT OF ECONOMIC INTEREST PROCESS (SOEI). VCUHS' PARTICIPATION IN THIS PROCESS IS MANDATED BY THE ENABLING LEGISLATION FOR VCUHS. PARTICIPATION IS REQUIRED FOR DIRECTORS AND ABOVE. ADDITIONALLY, EMPLOYEES ARE ENCOURAGED TO CONTACT THE COMPLIANCE HELPLINE IF THEY ARE AWARE OF ANY VIOLATIONS OF HEALTH SYSTEM POLICY OR HAVE ANY COMPLIANCE CONCERNS. ALL CONCERNS REPORTED VIA THIS VENUE ARE INVESTIGATED AND APPROPRIATE REMEDIATION IS IMPLEMENTED. WHEN A VOTING BOARD MEMBER HAS A CONFLICT, THE INDIVIDUAL IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS RELATED TO THE CONFLICTING TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DOCUMENTS ARE AVAILABLE FOR UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8CAPITAL PURCHASES - 60870;
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part I, Line 1 DESCRIPTION OF ORGANIZATION MISSION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 1 DESCRIPTION OF ORGANIZATION MISSION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 6 Classes of members or stockholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 7a Members or stockholders electing members of governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 11b Review of form 990 by governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 12c Conflict of interest policy
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Line 19 Required documents available to the public
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part XI, Line 9 Other changes in net assets or fund balances
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0COMMUNITY MEMORIAL HOSPITAL FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1VCU HEALTH SYSTEM AUTHORITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2VCU HEALTH TAPPAHANNOCK HOSPITAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3VCU AMBULATORY SURGERY CENTER LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4VCU HEALTH CHILDREN'S SERVICES AT BROOK ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5COMMUNITY MEMORIAL HOSPITAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt6VIRGINIA COMMONWEALTH UNIVERSITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt7UHS PROFESSIONAL EDUCATION PROGRAM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt8UNIVERSITY HEALTH SERVICES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt9MCV ASSOCIATED PHYSICIANS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt10HOSPITAL HOSPITALITY HOUSE OF RICHMOND

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