Liabilities / Assets
19th percentile
Tied with the lowest-debt nonprofits in its peer group.
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.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
19th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on the latest valid filing.
Top Officer Pay
99th percentile
Higher top officer pay than 99% of similar nonprofits.
Asset Growth
29th percentile
Faster asset growth than 29% of similar nonprofits.
Revenue Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
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
Most recent year
2022 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
SEE SCHEDULE O
| Line | Beginning | End | Change |
|---|---|---|---|
| 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 | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $4,480,783 | $3,542,367 | $8,023,150 |
| Land | $402,998 | - | $402,998 |
| Name | Title |
|---|---|
| - | President |
| - | Director |
| - | Secretary |
| - | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $205,849 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $205,849 | - | - | $205,849 |
| Total Functional Expenses | $205,849 | $0 | $0 | $205,849 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| 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 |
“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.”
“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.”
“The organization may not alter, amend or repeal its bylaws without approval of the two members of the organization.”
“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.”
“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.”
“Documents are available for upon request.”
“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.”
“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.”
“Capital purchases - 60870;”
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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| IRS990/Desc | 0 | 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. |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 2 | 43935 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BusinessName/BusinessNameLine1Txt | 2 | RALPH CLARK MD |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 2 | 22620 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 2 | 0 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 3 | DIRECTOR |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 1 | 304692 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 2 | 295138 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION MAY NOT ALTER, AMEND OR REPEAL ITS BYLAWS WITHOUT APPROVAL OF THE TWO MEMBERS OF THE ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | DOCUMENTS ARE AVAILABLE FOR UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | CAPITAL PURCHASES - 60870; |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part I, Line 1 DESCRIPTION OF ORGANIZATION MISSION: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part III, Line 1 DESCRIPTION OF ORGANIZATION MISSION: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Line 6 Classes of members or stockholders |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Line 7a Members or stockholders electing members of governing body |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Line 11b Review of form 990 by governing body |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part VI, Line 12c Conflict of interest policy |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990, Part VI, Line 19 Required documents available to the public |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990, Part XI, Line 9 Other changes in net assets or fund balances |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 1 | NA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 2 | VCUHSA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 3 | VCUHSA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 4 | VCUHSA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 5 | VCUHSA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 6 | NA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 7 | UHS |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 8 | VCUHSA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 9 | VCUHSA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 10 | NA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 11 | VCUHSA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | COMMUNITY MEMORIAL HOSPITAL FOUNDATION |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 1 | VCU HEALTH SYSTEM AUTHORITY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 2 | VCU HEALTH TAPPAHANNOCK HOSPITAL |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 3 | VCU AMBULATORY SURGERY CENTER LLC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 4 | VCU HEALTH CHILDREN'S SERVICES AT BROOK ROAD |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 5 | COMMUNITY MEMORIAL HOSPITAL |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 6 | VIRGINIA COMMONWEALTH UNIVERSITY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 7 | UHS PROFESSIONAL EDUCATION PROGRAM |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 8 | UNIVERSITY HEALTH SERVICES INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 9 | MCV ASSOCIATED PHYSICIANS |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 10 | HOSPITAL HOSPITALITY HOUSE OF RICHMOND |
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