Alleghany Memorial Hospital Foundation Inc in Sparta, North Carolina (NC)

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Alleghany Memorial Hospital Foundation Inc
Employer Identification Number (EIN)562012634
Name of OrganizationAlleghany Memorial Hospital Foundation Inc
In Care of NameShelda Upchurch
Address233 Doctors St, Sparta, NC 28675-9247
ActivitiesHospital
SubsectionCharitable Organization
Ruling Date06/1997
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period09/2013
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$269,968
Amount of Income$152,036
Form 990 Revenue Amount$124,575
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Fund Raising Organizations That Cross Categories


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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$97,013$68,996$124,575
Contributions, gifts, grants, and similar amounts received$43,663$18,424$69,242
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$551$433$280
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$52,799$50,139$55,053
Gross income from gaming$0$0$0
Gross income from fundraising events$80,833$77,349$82,514
Less: direct expenses from gaming and fundraising events$28,034$27,210$27,461
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$126,410$143,744$112,998
Total net assets$204,143$197,049$269,968
Excess/Deficit for the year$-29,397$-74,748$11,577
Net assets or fund balances at beginning of year$163,178$204,143$197,049
Other changes in net assets or fund balances$70,362$67,654$61,342
Net assets or fund balances at end of year$197,049$269,968
Balance Sheets
201120122013
Total assets$204,143$197,049$269,968
Total liabilities$0$0$0
Net assets or fund balances$204,143$197,049$269,968
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported1
Sum of amounts of support$62,381
Unrelated Trade or Business Income (for 2008)
IncomeExpensesNet
Total$0$0$0
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$0$0$0
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2008)
Total deductions$0
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$0
Unrelated business taxable income$0
Unrelated business taxable income before net operating loss deduction$0
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$0
Specific deduction$1,000
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