Overview
What is Cobb Memorial Foundation Inc?
Cobb Memorial Foundation Inc is a charitable organization, situated in Franklin Springs, Georgia, with the primary objective of supporting Community Services Group Inc. This nonprofit undertakes investment and fundraising activities to bolster the resources of Community Services Group Inc., formerly known as Ty Cobb Healthcare System Inc. The foundation's purpose is to establish an endowment for its beneficiary, furthering the mission of Community Services Group Inc. as a 501(c)(3) organization. Essentially, Cobb Memorial Foundation Inc. serves as a financial backbone, aiding in the growth and sustainability of Community Services Group Inc. by managing investments and fundraising efforts.
Is Cobb Memorial Foundation Inc legitimate?
Cobb Memorial Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cobb Memorial Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Cobb Memorial Foundation Inc?
The Cobb Memorial Foundation Inc was established to provide investment and fundraising support, as well as establish an endowment, for Community Services Group Inc., a non-profit organization. Its primary objective is to operate exclusively for the benefit of Community Services Group Inc., carrying out its functions and pursuing its purposes. This mainly involves acquiring and administering funds and investments, aiming to support the operations and initiatives of Community Services Group Inc.
Who is the CEO of Cobb Memorial Foundation Inc?
Gregory Hearn is the CEO of Cobb Memorial Foundation Inc The CEO's salary of Cobb Memorial Foundation Inc is $0 and their total compensation is $0.
What is the revenue of Cobb Memorial Foundation Inc?
Cobb Memorial Foundation Inc's revenue in 2023 was $595,913.
Who are the executives of Cobb Memorial Foundation Inc and what are their salaries?
Here are 8 key members and their salaries (Cobb Memorial Foundation Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Cobb Memorial Foundation Inc?
Cobb Memorial Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Cobb Memorial Foundation Inc
Cobb Memorial Foundation Inc was established with a mission to provide investment and fundraising support, and to establish an endowment for Community Services Group Inc. This nonprofit organization operates exclusively for the benefit of, performs the functions of, and carries out the purposes of Community Services Group Inc. Specifically, Cobb Memorial Foundation Inc acquires and administers funds and investments to support the work of this section 501(c)(3) organization.
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Impact
October, 2024
Cobb Memorial Foundation Inc plays a significant role in enhancing community health services through strategic investment and fundraising efforts. By establishing an endowment for Community Services Group, Inc., the foundation ensures sustainable financial support for vital healthcare initiatives. This backing allows Community Services Group, previously known as Ty Cobb Healthcare System, to extend its reach and improve the quality of services offered to the community.
The foundation's focus on acquiring and administering funds not only strengthens the operational capabilities of Community Services Group but also amplifies its ability to address various health-related needs in the region. With resources effectively allocated, the foundation directly contributes to improving the overall health and well-being of the community in Franklin Springs, GA, ensuring that critical services remain accessible and are continuously developed to meet emerging health challenges.
This information is meant to be a general summary of Cobb Memorial Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $673,193
- Gross Receipts: $4,386,296
Assets and Liabilities:
- Total Assets: $24,213,169
- Total Liabilities: $14,346,614
- Net Assets: $9,866,555
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Organization Details
Founding Year
2014
Principal Officer
Harris Little
NTEE Category
Code: E11 - Health
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