Civic Intelligence

Ccg Community Health Foundation

990 • Fiscal year 2016 • EIN 56-1877247

Jul 01, 2015 to Jun 30, 2016 • Filed on May 05, 2017

3990 E US Hwy 64 AltMurphy, NC 28906

(828) 835-7505

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

22nd percentile

0.01x

Higher debt load relative to assets than 22% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

39th percentile

0.06x

Higher debt load relative to revenue than 39% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

2nd percentile

-151%

Higher net margin than 2% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

97th percentile

$480,978

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 187.2% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

7th percentile

-18%

Faster asset growth than 7% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

94th percentile

96%

Faster revenue growth than 94% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$2,434,745

Down $528,974 (-18%) from 2015

Net Assets

Down

$2,419,609

Down $528,415 (-18%) from 2015

Liabilities

Down

$15,136

Down $559 (-3.6%) from 2015

Revenue

Up

$256,912

Up $125,672 (+96%) from 2015

Expenses

Up

$645,730

Up $577,341 (+844%) from 2015

Net Income

Down

-$388,818

Down $451,669 (-719%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $2,019,509Liabilities 2010: $18,289Net Assets 2010: $2,001,2202010Assets 2011: $2,309,660Liabilities 2011: $17,795Net Assets 2011: $2,291,8652011Assets 2012: $2,309,337Liabilities 2012: $17,290Net Assets 2012: $2,292,0472012Assets 2013: $2,531,657Liabilities 2013: $16,771Net Assets 2013: $2,514,8862013Assets 2014: $2,851,593Liabilities 2014: $16,240Net Assets 2014: $2,835,3532014Assets 2015: $2,963,719Liabilities 2015: $15,695Net Assets 2015: $2,948,0242015Assets 2016: $2,434,745Liabilities 2016: $15,136Net Assets 2016: $2,419,6092016Assets 2017: $1,152,071Liabilities 2017: $14,563Net Assets 2017: $1,137,5082017Assets 2018: $856,015Liabilities 2018: $13,614Net Assets 2018: $842,3982018Assets 2019: $722,322Liabilities 2019: $12,671Net Assets 2019: $709,6512019Assets 2020: $421,811Liabilities 2020: $11,725Net Assets 2020: $410,0862020Assets 2021: $1,484,488Liabilities 2021: $10,780Net Assets 2021: $1,473,7082021Assets 2022: $1,210,465Liabilities 2022: $0Net Assets 2022: $1,210,4652022Assets 2023: $1,347,926Liabilities 2023: $0Net Assets 2023: $1,347,9262023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2016

Assets$2,434,745
Liabilities$15,136
Net Assets$2,419,609

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $153,1412010Expenses 2011: $116,6262011Expenses 2012: $80,5942012Revenue 2013: $53,348Expenses 2013: $76,493Net Income 2013: -$23,1452013Revenue 2014: $176,520Expenses 2014: $150,038Net Income 2014: $26,4822014Revenue 2015: $131,240Expenses 2015: $68,389Net Income 2015: $62,8512015Revenue 2016: $256,912Expenses 2016: $645,730Net Income 2016: -$388,8182016Revenue 2017: $511,869Expenses 2017: $1,588,414Net Income 2017: -$1,076,5452017Revenue 2018: $73,535Expenses 2018: $362,320Net Income 2018: -$288,7852018Revenue 2019: $30,227Expenses 2019: $166,109Net Income 2019: -$135,8822019Revenue 2020: $189,443Expenses 2020: $319,224Net Income 2020: -$129,7812020Revenue 2021: $1,039,221Expenses 2021: $36,794Net Income 2021: $1,002,4272021Revenue 2022: -$108,561Expenses 2022: $60,229Net Income 2022: -$168,7902022Revenue 2023: $156,348Expenses 2023: $18,887Net Income 2023: $137,4612023Revenue 2024: $25,535Expenses 2024: $20,064Net Income 2024: $5,4712024

Highlighted filing

2016

Revenue$256,912
Expenses$645,730
Net Income-$388,818
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 5, 2017
Return Version
2015v3.0
Gross Receipts
$260,991
Mission and Program Overview

Mission

Provide, coordinate and support the delivery of quality healthcare to the local community

Provide, coordinate and support the delivery of quality healthcare to support murphy medical center.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,128,095$1,820,355▼ $307,740
Land, Buildings, and Equipment, Net$486,000$486,000→ $0
Pledges and Grants Receivable$76,500$69,411▼ $7,089
Cash and Non-Interest-Bearing Accounts$273,124$58,979▼ $214,145
Total Assets$2,963,719$2,434,745▼ $528,974
Liabilities
Accounts Payable and Accrued Expenses$15,695$15,136▼ $559
Total Liabilities$15,695$15,136▼ $559
Net Assets / Fund Balance
Unrestricted Net Assets$2,174,183$1,724,873▼ $449,310
Temporarily Rstr Net Assets$773,841$694,736▼ $79,105
Total Net Assets Fund Balance$2,948,024$2,419,609▼ $528,415
Total Liabilities and Net Assets / Fund Balance$2,963,719$2,434,745▼ $528,974

Asset Categories

AssetBook ValueDepreciationBasis
Land$486,000--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Mary HughesTrustee / Laboratory Mgr - Mmc$110,735$110,735

Board Members and Trustees

NameTitle
Andrew ReichmanChairman-trustee
Charles West JrVice-chairman-trustee
Melanie HughesTreasurer-trustee
David HiltonTrustee
John CarringerTrustee
Marilyn BrownTrustee
Matt RogersTrustee
Robert HayTrustee
Tim BrockTrustee
Mike StevensonTrustee/hospital CEO
Revenue and Support

Revenue Composition

Contributions and Grants
$159,035
Program Service Revenue
$0
Investment Income
$73,292
Other Revenue
$24,585
All Other Contributions
$159,035
Change in Net Assets
$-388,818
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$624,876
Other Expenses$20,854
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$580,626--$580,626
Grants to Domestic Individuals$44,250--$44,250
Fees for Service Investment Mgmnt Fees-$16,136-$16,136
Fees for Services Other$3,498--$3,498
Other Expenses$1,220--$1,220
Total Functional Expenses$629,594$16,136$0$645,730
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Murphy Medical CenterMurphy, NC501(c)3Operation Assistance$580,625
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$28,664
Fundraising Direct Expenses$4,079
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Foundation Road Race$28,664$28,664$4,079$24,585
Total Events$28,664$28,664$4,079$24,585
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 1

The committee shall consist of the foundation chairman, vice chairman, executive director, secretary, treasurer, mmci chairman and mmci administrator. The executive committeee shall have and may exercise all of the authority of the foundation board in the management of the foundation, unless prohibited by either these bylaws or a foundation board resolution. Any member of the executive committee, except the mmci adminstrator and mmci chairman, may be removed at any time by the majority of the other directors. Special meetings of the executive committee may be called by or at the direction of the foundation chairman, the executive director or a majority of the executive committee, to be held at such time and place as shall be designated in the notice of the meeting. Notice of the time, place and purpose of any executive committee meeting shall be given at least three hours prior to the time of such meeting. Notice must be delivered personally or by telephone. The minutes of the executive committee shall be kept and recorded in the minute book of the foundation. Without service of a notice, an executive committee meeting may be held at any time, provided that each and every executive committee member shall consent in writing to such meeting and waives notice of the same.

Form 990, Part VI, Section A, Line 3

The organization is covered under a ten-year management services agreement between murphy medical center and the charlotte-mecklenburg hospital authority dba carolinas healthcare system (chs) on july 1, 2011. Under the terms of the agreement, the current board of directors will continue to govern while the executive officers (ceo,cfo,coo, and cno) of murphy medical center became employees of chs.

Form 990, Part VI, Section B, Line 11

A copy of the 990 was provided to each board member for personal review prior to filing the return.

Form 990, Part VI, Section B, Line 12C

The organization requires board members to sign a conflict of interest policy annually. It is the responsibility of each member to disclose any potential conflicts and remove himself from situations with a potential conflict.

Form 990, Part VI, Section C, Line 18

In addition, recent filings of the form 990 are made available online at www.guidestar.com.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, financial statements, and conflict of interest policy available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Murphy Medical Center Foundation Inc
EIN
56-1877247
Phone
8288357505
Address
3990 E US HWY 64 ALT, MURPHY, NC 28906

Signing Officer

Name
Patricia a Moll
Title
Interim CFO
Phone
8288357505
Signed
2017-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Stevenson
Formed
1994
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Dixon Hughes Goodman Llp
Address
500 RIDGEFIELD COURT, ASHEVILLE, NC 28806
Preparer
Amy Bibby
Phone
8282542254
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in split interest agreement -387. Change in temporary restricted assets -79,105.

Part XII, Line 2C

This process has not changed from prior years.

Financial Statement Notes

PART X, LINE 2:

Murphy and the foundation have been recognized as tax-exempt pursuant to section 501(c)(3) of the internal revenue code. Murphy post-acute and wellness, llc, while for-profit, was organized in such capacity that it would not have or exercise any power or authority either expressly, by interpretation or by operation of law over murphy that would prevent murphy from continuing to qualify as a tax-exempt organization under section 501(c)(3) of the code. The system accounts for income taxes in accordance with accounting standards codification topic 740, income taxes ("asc 740"). During 2016 and 2015, no significant transactions resulted under asc 740. Accordingly, no provision for state or federal income taxes has been presented in the accompanying consolidated financial statements. Asc 740 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the consolidated financial statements. The system recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. The system has determined that it does not have any material unrecognized tax benefits or obligations as of june 30, 2016 and 2015.

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IRS990/PrincipalOfficerNm0MIKE STEVENSON
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IRS990/ProhibitedTaxShelterTransInd00
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IRS990/PYContributionsGrantsAmt018507
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IRS990/PYInvestmentIncomeAmt0112733
IRS990/PYOtherExpensesAmt022889
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IRS990/PYProgramServiceRevenueAmt00
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IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0131240
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-388818
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0DIRECTORS OF THE FOUNDATION BOARD ARE CHOSEN FROM A SLATE OF NOMINEES APPROVED AND ELECTED BY THE BOARD OF TRUSTEES OF MURPHY MEDICAL CENTER, INC.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PAGE 5, SECTION B, LINE 1
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0580626
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0MURPHY MEDICAL CENTER
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0580626
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0486000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0486000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MURPHY AND THE FOUNDATION HAVE BEEN RECOGNIZED AS TAX-EXEMPT PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MURPHY POST-ACUTE AND WELLNESS, LLC, WHILE FOR-PROFIT, WAS ORGANIZED IN SUCH CAPACITY THAT IT WOULD NOT HAVE OR EXERCISE ANY POWER OR AUTHORITY EITHER EXPRESSLY, BY INTERPRETATION OR BY OPERATION OF LAW OVER MURPHY THAT WOULD PREVENT MURPHY FROM CONTINUING TO QUALIFY AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE CODE. THE SYSTEM ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION TOPIC 740, INCOME TAXES ("ASC 740"). DURING 2016 AND 2015, NO SIGNIFICANT TRANSACTIONS RESULTED UNDER ASC 740. ACCORDINGLY, NO PROVISION FOR STATE OR FEDERAL INCOME TAXES HAS BEEN PRESENTED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. ASC 740 ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE SYSTEM RECOGNIZES THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THE SYSTEM HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE 30, 2016 AND 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0486000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt04079
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FOUNDATION ROAD RACE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt028664
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt028664
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt028664
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt028664
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt024585
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt04079
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt04079
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt044250
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0NURSING SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt026
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/RecipientTable/CashGrantAmt0580625
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0OPERATION ASSISTANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MURPHY MEDICAL CENTER
IRS990ScheduleI/RecipientTable/RecipientEIN0561844262
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03990 E US HWY 64 ALT
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MURPHY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd028906
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION CHOOSES SCHOLARSHIP RECIPIENTS BASED ON SPECIFIC CRITERIA INCLUDING ACADEMIC ACHIEVEMENT AND FINANCIAL NEEDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt057307
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0214827
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt066387
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt063281
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt015559
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt0130004
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MIKE STEVENSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TRUSTEE/HOSPITAL CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0480978
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0MIKE STEVENSON PARTICIPATED IN A 457(F) PLAN. UNDER THE TERMS OF THE PLAN HE ACCRUED $26,223.40 DURING CALENDAR YEAR 2015.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 4B
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE COMMITTEE SHALL CONSIST OF THE FOUNDATION CHAIRMAN, VICE CHAIRMAN, EXECUTIVE DIRECTOR, SECRETARY, TREASURER, MMCI CHAIRMAN AND MMCI ADMINISTRATOR. THE EXECUTIVE COMMITTEEE SHALL HAVE AND MAY EXERCISE ALL OF THE AUTHORITY OF THE FOUNDATION BOARD IN THE MANAGEMENT OF THE FOUNDATION, UNLESS PROHIBITED BY EITHER THESE BYLAWS OR A FOUNDATION BOARD RESOLUTION. ANY MEMBER OF THE EXECUTIVE COMMITTEE, EXCEPT THE MMCI ADMINSTRATOR AND MMCI CHAIRMAN, MAY BE REMOVED AT ANY TIME BY THE MAJORITY OF THE OTHER DIRECTORS. SPECIAL MEETINGS OF THE EXECUTIVE COMMITTEE MAY BE CALLED BY OR AT THE DIRECTION OF THE FOUNDATION CHAIRMAN, THE EXECUTIVE DIRECTOR OR A MAJORITY OF THE EXECUTIVE COMMITTEE, TO BE HELD AT SUCH TIME AND PLACE AS SHALL BE DESIGNATED IN THE NOTICE OF THE MEETING. NOTICE OF THE TIME, PLACE AND PURPOSE OF ANY EXECUTIVE COMMITTEE MEETING SHALL BE GIVEN AT LEAST THREE HOURS PRIOR TO THE TIME OF SUCH MEETING. NOTICE MUST BE DELIVERED PERSONALLY OR BY TELEPHONE. THE MINUTES OF THE EXECUTIVE COMMITTEE SHALL BE KEPT AND RECORDED IN THE MINUTE BOOK OF THE FOUNDATION. WITHOUT SERVICE OF A NOTICE, AN EXECUTIVE COMMITTEE MEETING MAY BE HELD AT ANY TIME, PROVIDED THAT EACH AND EVERY EXECUTIVE COMMITTEE MEMBER SHALL CONSENT IN WRITING TO SUCH MEETING AND WAIVES NOTICE OF THE SAME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS COVERED UNDER A TEN-YEAR MANAGEMENT SERVICES AGREEMENT BETWEEN MURPHY MEDICAL CENTER AND THE CHARLOTTE-MECKLENBURG HOSPITAL AUTHORITY DBA CAROLINAS HEALTHCARE SYSTEM (CHS) ON JULY 1, 2011. UNDER THE TERMS OF THE AGREEMENT, THE CURRENT BOARD OF DIRECTORS WILL CONTINUE TO GOVERN WHILE THE EXECUTIVE OFFICERS (CEO,CFO,COO, AND CNO) OF MURPHY MEDICAL CENTER BECAME EMPLOYEES OF CHS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE 990 WAS PROVIDED TO EACH BOARD MEMBER FOR PERSONAL REVIEW PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION REQUIRES BOARD MEMBERS TO SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. IT IS THE RESPONSIBILITY OF EACH MEMBER TO DISCLOSE ANY POTENTIAL CONFLICTS AND REMOVE HIMSELF FROM SITUATIONS WITH A POTENTIAL CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IN ADDITION, RECENT FILINGS OF THE FORM 990 ARE MADE AVAILABLE ONLINE AT WWW.GUIDESTAR.COM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CHANGE IN SPLIT INTEREST AGREEMENT -387. CHANGE IN TEMPORARY RESTRICTED ASSETS -79,105.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0SOUTHWESTERN HEALTH SYSTEM INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MURPHY MEDICAL CENTER INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1SOUTHWESTERN HEALTH SYSTEM INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0561844262
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1010552914
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MEDICAL CARE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1NO ACTIVITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt03
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt111 TYPE I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03990 E US HWY 64 ALT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt13990 E US HWY 64 ALT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MURPHY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1MURPHY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd028906
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd128906
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.03$0.02$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.35$0.00$1.35$0.16$0.02$0.14
2022Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.11$0.06$0.17
2021Detailed filing. Detailed filing data is available for this year.$1.48$0.01$1.47$1.04$0.04$1.00
2020Detailed filing. Detailed filing data is available for this year.$0.42$0.01$0.41$0.19$0.32$0.13
2019Detailed filing. Detailed filing data is available for this year.$0.72$0.01$0.71$0.03$0.17$0.14
2018Summary only. Only limited summary data is available for this year.$0.86$0.01$0.84$0.07$0.36$0.29
2017Detailed filing. Detailed filing data is available for this year.$1.15$0.01$1.14$0.51$1.59$1.08
2016Detailed filing. Detailed filing data is available for this year.$2.43$0.02$2.42$0.26$0.65$0.39
2015Detailed filing. Detailed filing data is available for this year.$2.96$0.02$2.95$0.13$0.07$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.85$0.02$2.84$0.18$0.15$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.53$0.02$2.51$0.05$0.08$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.31$0.02$2.29$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.31$0.02$2.29$0.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.02$0.02$2.00$0.15
Peer Organizations

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