MEDICAL CENTER MEMORIAL FOUNDATIONINC

EIN: 630981593 501(c)(3)

ANNISTON, AL

Total Revenue
$624,946
Total Expenses
$635,123
Total Assets
$1,535,945
Net Assets
$1,514,102
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
AL
Principal Officer
MIKE LAPLANTE
Phone
2562356359
Tax Period
2024-07-01 to 2025-06-30

MEDICAL CENTER MEMORIAL FOUNDATIONINC, founded in 1988, is a small nonprofit that reported $263K in total revenue in fiscal year 2017. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $48K, a strong 18% operating margin.

Mission

TO ASSIST IN PROMOTING AND SECURING QUALITY HEALTH CARE FOR THE CITIZENS OF CALHOUN COUNTY, ALABAMA AND SURROUNDING AREAS BY RAISING MONEY FOR THE SUPPORTED CHARITIES WHICH INCLUDE THE REGIONAL MEDICAL CENTER BOARD WHICH OWNS AND OPERATES THE NORTHEAST ALABAMA REGIONAL MEDICAL CENTER.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $287,213
Program Service Revenue $0
Investment Income $159,885
Other Revenue $177,848
TOTAL REVENUE $624,946

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $14,677
Program Expenses $452,380
Other Expenses $635,123
TOTAL EXPENSES $635,123

Year-over-Year Comparison

2024 2023 Change
Revenue $624,946 $414,454 +0.5%
Expenses $635,123 $285,447 +1.2%
Net Income $-10,177 $129,007 -1.1%
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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Governance

Voting Members
19
Independent Members
19
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
4
$0
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELLEN BASS MEMBER N/A
Director
$0 $0 $0
DEBBIE CLONTS MEMBER N/A
Director
$0 $0 $0
MS MARGARET COLEY HONORARY MEM N/A
Director
$0 $0 $0
MARGARET POPE PH D MEMBER N/A
Director
$0 $0 $0
MS ALICIA DUNAWAY MEMBER N/A
Director
$0 $0 $0
DR MOHAMED ELOUBEIDI MEMBER N/A
Director
$0 $0 $0
EUGENE L EVANS HONORARY MEM N/A
Director
$0 $0 $0
LAGINA FILLINGIM EXECUTIVE DI N/A
Officer Director
$0 $0 $0
MR KEVIN GIBSON TREASURER N/A
Officer Director
$0 $0 $0
MAUDINE HOLLOWAY HONORARY MEM N/A
Director
$0 $0 $0
MIKE LAPLANTE CHAIRMAN N/A
Officer Director
$0 $0 $0
MS JACKIE LOWRY MEMBER N/A
Director
$0 $0 $0
MS SHEA SNIDER MILLER MEMBER N/A
Director
$0 $0 $0
ANNA MOORE MEMBER N/A
Director
$0 $0 $0
GREG MORGAN VICE CHAIRMA N/A
Officer Director
$0 $0 $0
DR LUCY VANDERVOORT MORRIS MEMBER N/A
Director
$0 $0 $0
MS DARA MURPHY MEMBER N/A
Director
$0 $0 $0
MS JEAN ANN OGLESBY MEMBER N/A
Director
$0 $0 $0
KELLEY PEARCE MEMBER N/A
Director
$0 $0 $0
KELVIN WRIGHT MEMBER N/A
Director
$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
2025 $624,946 $635,123 $1,535,945 $-10,177
2024 $414,454 $285,447 $1,636,542 $129,007
2023 $390,357 $382,466 $1,347,495 $7,891
2022 $430,865 $276,841 $1,293,020 $154,024
2021 $439,058 $322,054 $1,292,820 $117,004
2020 $339,820 $346,300 $963,527 $-6,480
2019 $394,644 $327,865 $997,936 $66,779
2018 $263,478 $215,121 $920,983 $48,357
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