Gerald Champion Memorial Hospital Foundation Inc in Alamogordo, New Mexico (NM)

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Gerald Champion Memorial Hospital Foundation Inc
Employer Identification Number (EIN)850352051
Name of OrganizationGerald Champion Memorial Hospital Foundation Inc
Address2669 Scenic Dr, Alamogordo, NM 88310-8700
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date12/1986
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 Period12/2011
Assets$500,000 to $999,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$519,830
Amount of Income$49,736
Form 990 Revenue Amount$14,791
National Taxonomy of Exempt Entities (NTEE)Health - General and Rehabilitative: Hospital, General


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Amount of income in 2011: $49,736 (it was $129,394 in 2010)
This organization: 

 $49,736
Other organizations performing similar types of work: 

 $317,271

Assets in 2011: $519,830 (it was $531,598 in 2010)
Gerald Champion Memorial Hospital Foundation Inc: 

 $519,830
Other organizations performing similar types of work: 

 $422,742

Expenses in 2011: $32,028
Gerald Champion Memorial Hospital Foundation Inc: 

 $32,028
Other organizations performing similar types of work: 

 $141,917

Income to expenses ratio in 2011: 1.6
Gerald Champion Memorial Hospital Foundation Inc: 

 1.6
Other organizations performing similar types of work: 

 0.9

Grants share in income in 2011: 4.7%
Gerald Champion Memorial Hospital Foundation Inc: 

 4.7%
Other organizations performing similar types of work: 

 14.3%

Financial snapshot ($)

Revenue for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$14,791
Contributions, Gifts, Grants and Other Similar Amounts$700
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$-10,716
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$11,544
Gross amount from sales of assets other than inventory (Securities / Other)$39,520 / $0
Less: cost or other basis and sales expenses (Securities / Other)$27,976 / $0
Gain or (loss) (Securities / Other)$11,544 / $0
Net income from fundraising events$13,263
Gross income from fundraising events$20,232
Less: direct expenses$6,969
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$32,028
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$32,028
Balance Sheet (for 2011)
Total assets$519,830
Total liabilities$15,969
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$15,969
Total net assets or fund balances$503,861
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
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)
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1The Degen FoundationPO BOX 10366, Fort Smith, AR 72917-0366AR1983-08$61,048,207
2Valley Hospital Foundation223 N Van Dien Ave, Ridgewood, NJ 07450-2726NJ1980-12$37,749,118
3United Hospital FoundationPO BOX 43, Minneapolis, MN 55440-0043MN1978-07$32,517,369
4The Spartanburg Regional Healthcare System FoundationC/O Jane Ovenden, Spartanburg, SC 29303SC1991-12$18,703,028
5Goodall-Witcher Hospital AuthorityPO BOX 549, Clifton, TX 76634-0549TX1966-11$18,046,045
6Saint Joseph Hospital Foundation1835 Franklin St, Denver, CO 80218-1126CO1977-06$13,974,946
7Sacred Heart Foundation5151 N 9th Ave, Pensacola, FL 32504-8721FL1946-03$11,443,875
8Sarasota Memorial Healthcare Foundation1515 S Osprey Ave Ste B-4, Sarasota, FL 34239-2918FL1978-04$10,653,529
9Saint Barnabas Developement Foundation, Saint Barnabas Medical Center Found94 Old Short Hills Rd, Livingston, NJ 07039-5672NJ1982-06$9,008,807
10Carrie Tingley Hospital Foundation IncPO BOX 25424, Albuquerque, NM 87125-0424NM1965-03$3,735,090
11Hatch Area Medical Center FoundationPO BOX 370, Hatch, NM 87937-0370NM1988-10$1,641,276
12Service League Of Bernalillo County, Service League Gift Shop2211 Lomas Blvd Ne, Albuquerque, NM 87106-2745NM1973-10$1,526,194
13Auxiliary Of San Juan Regional Medical Center Inc801 W Maple St, Farmington, NM 87401-5630NM1972-02$552,642
14Memorial Medical Center Inc2450 S Telshor Blvd, Las Cruces, NM 88011-5069NM1962-04$517,944
15Eastern New Mexico Medical Center Hospital Auxiliary Inc405 W Country Club Rd, Roswell, NM 88201-5209NM1962-04$285,807
16Espanola Hospital Auxiliary1010 Spruce St, Espanola, NM 87532-2724NM1961-12$148,261
17Gerald Champion Regional Medical Center AuxillaryPO BOX 1802, Alamogordo, NM 88311-1802NM1962-07$121,564
18Hospital Foundation Of Espanola1010 Spruce St, Espanola, NM 87532-2724NM1968-11$112,750
19Gerald Champion Memorial Hospital Foundation Inc2669 Scenic Dr, Alamogordo, NM 88310-8700NM1986-12$49,736
20Auxiliary To Lovelace Medical Center601 Martin Luther King Dr Blvd Ne, Albuquerque, NM 87102NM1955-06$11,339
Number of organizations performing similar types of work
Alaska1
Alabama11
Arkansas11
Arizona4
California89
Colorado11
Connecticut9
District of Columbia4
Delaware4
Florida38
Georgia18
Hawaii3
Iowa20
Idaho3
Illinois22
Indiana43
Kansas21
Kentucky7
Louisiana10
Massachusetts23
Maryland29
Maine4
Michigan19
Minnesota8
Missouri14
Mississippi4
Montana4
North Carolina27
North Dakota7
Nebraska12
New Hampshire7
New Jersey35
New Mexico11
Nevada5
New York61
Ohio48
Oklahoma10
Oregon15
Pennsylvania58
Rhode Island11
South Carolina12
South Dakota1
Tennessee7
Texas33
Utah2
Virginia13
Vermont4
Washington14
Wisconsin18
West Virginia10
Wyoming2
Total857

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