Overview
What is William P Magruder Mem Hospitalinc?
William P Magruder Mem Hospitalinc is a nonprofit organization established with a perpetual endowment from the late William Pinkney Magruder's will. The corporation's primary purpose is to annually donate funds for the treatment of destitute children at Prince George's Hospital Center in Cheverly, Maryland. Although it does not operate any physical facilities, William P Magruder Mem Hospitalinc is strictly focused on supporting and benefitting Prince George's Hospital Center. With a modest team of one employee, the nonprofit dedicates its resources to fulfilling the intent of its founder and aiding underprivileged children in need of medical care.
Is William P Magruder Mem Hospitalinc legitimate?
William P Magruder Mem Hospitalinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. William P Magruder Mem Hospitalinc 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: $7,372
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of William P Magruder Mem Hospitalinc?
The William P Magruder Memorial Hospital Inc. is organized and operated exclusively for the benefit and connection with the Prince George's Hospital Center in Cheverly, Maryland. This non-profit corporation manages a perpetual endowment established by the late William Pinkney Magruder's will. The corporation's primary intent is to make an annual donation towards the treatment of underprivileged children at Prince George's Hospital Center. It should be noted that the corporation does not operate any physical facilities and does not have control over the hospital's policies.
What is the revenue of William P Magruder Mem Hospitalinc?
William P Magruder Mem Hospitalinc's revenue in 2023 was $34,448.
Who are the executives of William P Magruder Mem Hospitalinc and what are their salaries?
The average compensation at William P Magruder Mem Hospitalinc during 2023 was $8,052.
Here are 2 key members and their salaries:
- Compensation: $3,686
- Related: $0
- Other: $0
- Compensation: $3,686
- Related: $0
- Other: $0
Where can I find the form 990 for William P Magruder Mem Hospitalinc?
William P Magruder Mem Hospitalinc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of William P Magruder Mem Hospitalinc
William P Magruder Memorial Hospital Inc is a non-profit organization with a unique mission. Established through the will of the late William Pinkney Magruder, this corporation is dedicated to supporting the Prince George's Hospital Center in Cheverly, Maryland. Its primary objective is to manage a perpetual endowment, ensuring that an annual donation is made for the treatment of destitute children at the hospital. The corporation itself does not operate any physical facilities and does not have any control over the hospital's policies. Instead, it fulfills the intentions of William P Magruder's will by providing financial support to the hospital, thereby contributing to the care of underprivileged children in the area.
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Impact
October, 2024
William P. Magruder Memorial Hospital, Inc. plays a significant role in enhancing healthcare access for vulnerable populations, specifically destitute children in the region. By managing a perpetual endowment established by William Pinkney Magruder's will, the organization ensures that funds are allocated annually for the treatment of disadvantaged children at Prince George's Hospital Center in Cheverly, Maryland.
This financial support facilitates essential medical care for those who might otherwise be unable to afford it, thereby improving health outcomes and fostering a healthier community. While the organization does not operate physical facilities or have direct control over hospital policies, its impact is felt through the vital resources it provides to the hospital, ultimately benefiting the lives of numerous children and their families. Through its dedicated mission, William P. Magruder Memorial Hospital, Inc. enhances the social safety net in healthcare, demonstrating a commitment to caring for the most in need.
This information is meant to be a general summary of William P Magruder Mem Hospitalinc. 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: $48,957
- Gross Receipts: $159,320
Assets and Liabilities:
- Total Assets: $2,224,883
- Total Liabilities: $0
- Net Assets: $2,224,883
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Organization Details
Principal Officer
James Magruder Rea Jr
NTEE Category
Code: E24 - Health
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