CONWAY HOSPITAL FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

CONWAY HOSPITAL FOUNDATION INC

EIN 57-0870199 · Health Care (E22I)

What they do

THE CONWAY HOSPITAL FOUNDATION is A NOT-FOR-PROFIT CORPORATION ESTABLISHED IN 1988 AS A CHARITABLE ORGANIZATION to PROVIDE SUPPORT to CONWAY HOSPITAL IN ITS EFFORT to FULLFILL ITS MISSION and GOALS. (SEE SCHEDULE O) DESCRIPTION of ORGANIZATION MISSIONTHE FOUNDATION is DEDICATED to IMPROVING THE QUALITY of LIFE of ALL INDIVIDUALS IN THE CONWAY HOSPITAL SERVICE AREA. THE ORGANIZATION DEVELOPS COOPERATION BETWEEN THE HOSPITAL STAFF and BOARD, MEDICAL STAFF, THE COMMUNITY, and OTHER SUPPORTING ORGANIZATIONS THROUGH EDUCATIONAL and PROMOTIONAL ACTIVITIES. RESOURCES for THE FOUNDATION DERIVE FROM FUND RAISING, DONATIONS, GRANTS, and OTHER SOURCES WHERE APPROPRIATE to ASSURE LONG TERM GROWTH and DEVELOPMENT. CRITICAL SUCCESS FACTORS: DEVELPOMENT of FINANCIAL RESOURCES, MANAGEMENT of FINANCIAL and or HUMAN RESOURSES, RESPONSIVENESS to THE HOSPITAL, COMMITMENT to PLANNING, LEADERSHIP BY BOARD and STAFF.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $96.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders17 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

44.60%of revenue went to mission work96.6% of expenses · Program services

$46.15spent for every $100 of revenueRevenue covered expenses this year.

1.55%of revenue went to management and office costs3.4% of expenses

$10.93in assets for every $1 spent this yearSome assets cannot be spent right away.

82.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $48,752 for BRIAN ARGO (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,789,415

Mission workProgram services$798,10644.60% of revenue96.6% of expenses

ManagementOffice and general costs$27,7341.55% of revenue3.4% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$963,57553.85% of revenueShown in gray on the chart

Total expenses$825,84046.15% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 96.6% mission · 3.4% management · 0.0% fundraisingTotal expenses: 46.15% of revenue

2022Expense mix: 93.3% mission · 6.7% management · 0.0% fundraisingTotal expenses: 45.46% of revenue

2021Expense mix: 91.4% mission · 8.6% management · 0.0% fundraisingTotal expenses: 27.34% of revenue

2020Expense mix: 86.4% mission · 13.3% management · 0.3% fundraisingTotal expenses: 85.29% of revenue

2019Expense mix: 92.2% mission · 2.6% management · 5.1% fundraisingTotal expenses: 29.66% of revenue

2018Expense mix: 88.0% mission · 3.0% management · 9.0% fundraisingTotal expenses: 31.18% of revenue

2017Expense mix: 77.2% mission · 11.4% management · 11.4% fundraisingTotal expenses: 88.41% of revenue

2016Expense mix: 46.1% mission · 44.4% management · 9.5% fundraisingTotal expenses: 79.44% of revenue

Money in and money out

Revenue$1,789,415

Expenses$825,840

Annual surplus $963,575 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$798,106 · 96.6% of expenses

Management and office costs$27,734 · 3.4% of expenses

See all reported dollar amounts

Revenue$1,789,415

Expenses$825,840

Assets$9,025,559

Income$1,943,081

Contributions$1,468,977

Mission work (program services)$798,106

Grants given$2,266,654

Average grant$377,776

Management and general$27,734

Stocks and bonds$8,617,262

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

BRIAN ARGOPRESIDENT/CEO · 1 hrs/week $48,752Base · Other $48,752

TED MILFORDVICE PRESIDENT, FOUNDATION · 8 hrs/week $45,080Base · Other $45,080

DAVID MIERTREASURER/CFO · 1 hrs/week $39,628Base · Other $39,628

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (17)

BRIAN ARGOPRESIDENT/CEO

TED MILFORDVICE PRESIDENT, FOUNDATION

DAVID MIERTREASURER/CFO

WILLIAM MARSHDIRECTOR

BRET BARRDIRECTOR/FORMER PRESIDENT

WAYNE STATONDIRECTOR

ROBERT HUCKSDIRECTOR

MATT HARPERDIRECTOR

MARJORIE OGRADYDIRECTOR

KEVIN MCHUGHDIRECTOR

JERRY JENERETTEDIRECTOR

GEORGE MCGRATHDIRECTOR

DR SRINIVAS VUPPALASECRETARY

DR REGINALD DAVESDIRECTOR

DELAN STEVENSVICE CHAIRMAN

DAVID SLIGHDIRECTOR

CHRISTY EVERETTECHAIRMAN

About this charity

Recognized since: January 1989
Location: 300 SINGLETON RIDGE ROAD, CONWAY, SC 29526
County: Horry
In care of: BRIAN ARGO
Primary officer: BRIAN ARGO, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Emailfoundation@cmc-sc.com Phone(843) 347-8037

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: GRANT THORNTON ADVISORS LLC
NTEE classification: Health Care (E22I)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes