GWINNETT MEDICAL PROPERTIES INC

EIN: 582132516 501(c)(3)

ATLANTA, GA

Total Revenue
$16,288
Total Expenses
$52,153
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
GA
Principal Officer
SEE SCHEDULE O
Phone
4043002980
Tax Period
2019-07-01 to 2019-08-31

GWINNETT MEDICAL PROPERTIES INC, founded in 1993, is a micro nonprofit that reported $16K in total revenue in fiscal year 2019. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $52K exceeded revenue, resulting in a 220% operating deficit.

Mission

GWINNETT MEDICAL PROPERTIES, INC. IS OPERATED FOR THE BENEFIT OF AND TO PERFORM THE FUNCTIONS OF AND/OR TO CARRY OUT THE PURPOSES OF GWINNETT HOSPITAL SYSTEM, INC. IN PROVIDING QUALITY HEALTHCARE TO THE GENERAL PUBLIC. GWINNETT MEDICAL PROPERTIES IS A NOT-FOR-PROFIT COMPANY WHICH OWNS MEDICAL PROPERTIES IN AND AROUND GWINNETT COUNTY FOR THE PURPOSE OF AIDING GWINNETT HOSPITAL SYSTEM IN FULFILLING ITS MISSION OF PROVIDING HEALTHCARE SERVICES TO THE COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $16,288
Investment Income $0
Other Revenue $0
TOTAL REVENUE $16,288

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $51,993
Other Expenses $52,153
TOTAL EXPENSES $52,153

Year-over-Year Comparison

2019 2018 Change
Revenue $16,288 $102,904 -0.8%
Expenses $52,153 $315,868 -0.8%
Net Income $-35,865 $-212,964 -0.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
2
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$4,142,053
Total Directors
3
$6,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS Y MCBRIDE III EXECUTIVE VP 2.00
Officer
$0 $30,204 $1,580,472
PHILIP R WOLFE PRESIDENT & 2.00
Officer
$0 $36,190 $1,254,871
PETER WHEELER GENERAL COUN 2.00
Officer
$0 $35,711 $1,117,894
BONNY RICHARDSON ASSOCIATE GE 2.00
Officer
$0 $27,708 $188,816
CHARLES OGLESBY BOARD MEMBER 1.00
Director
$0 $0 $2,500
RENEE BYRD-LEWIS BOARD MEMBER 1.00
Director
$0 $0 $2,000
L C JOHNSON CHAIRMAN 1.00
Director
$0 $0 $2,000
SEE SCHEDULE O SEE SCHEDULE N/A
Officer
$0 $0 $0
SEE SCHEDULE O SEE SCHEDULE N/A
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2019 $102,904 $315,868 $2,608,685 $-212,964
2019 $16,288 $52,153 No data $-35,865
2018 $278,567 $346,834 $2,847,493 $-68,267
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