Public Charity

WMC PUBLIC BENEFIT CORPORATION

WMC PUBLIC BENEFIT CORPORATION is a Public Charity headquartered in LOUISVILLE, MS. Financial data from the 2024 filing: $2.9M revenue, $2.3M expenses, $44.5M total assets. IRS filings disclose 6 grants awarded by this foundation, totaling roughly $12.1M.

EIN: 474965115 LOUISVILLE, MS Management & Technical Assistance NTEE: E02 Latest filing: 2024
Total Revenue$2.9M
Total Expenses$2.3M
Total Assets$44.5M
Grants Given6
Grant Total$12.1M
Filing Years2020–2024

Mission

WMC PUBLIC BENEFIT CORPORATION'S MISSION IS TO PROMOTE AND ASSIST WINSTON COUNTY MEDICAL FOUNDATION (A NOT-FOR-PROFIT CORPORATION OPERATING AN ACUTE CARE HOSPITAL AND A LONG-TERM CARE NURISNG HOME LOCATED IN LOUISVILLE, MS)WITH THE DEVELOPMENT OF HOSPITAL FACILITIES AND THE SECURING OF CAPITAL FOR THE OPERATION OF HEALTH CARE RELATED SERVICES TO BENEFIT THE HEALTH AND WELLNESS OF THE CITIZENS OF WINSTON COUNTY, MS AND SURROUNDING AREAS.

Where $100 goes at Wmc Public Benefit Corporation

How Wmc Public Benefit Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
Wmc Public Benefit Corporation "lessor" entered into a lease agreement wit winston county medical foundation "lessee" on december 14, 2015 "the commencement date"
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

LOUISVILLE, MS · 2022
HEALTHCARE OPERATION
$1,952,521
LOUISVILLE, MS · 2021
HEALTHCARE OPERATION
$2,183,300
LOUISVILLE, MS · 2020
HEALTHCARE OPERATION
$2,112,998
LOUISVILLE, MS · 2019
HEALTHCARE OPERATION
$2,130,742
LOUISVILLE, MS · 2018
HEALTHCARE OPERATION
$2,125,000

Showing up to 5 of 6 total records — full history available with membership.

Officers & Directors

TRUSTEE Britt Hamill
TRUSTEE Don Brantley
TRUSTEE Dow Thomas
TRUSTEE Mary Tabor
CEO Michael Nester
TRUSTEE Terry Woods

Officer compensation and complete director data available with membership.

Top Grant Purposes

Health & Medicine
$12,146,561 6 grants

Financial Trends

Year Revenue Expenses Assets
2024 $2.9M $2.3M $44.5M
2023 $3.4M $2.2M $44.1M
2022 $44.4M $5.2M $43.5M
2021 $3.3M $5.4M $47.8M
2020 $3.3M $5.4M $50.2M

Between 2020 and 2024, reported annual revenue declined from $3.3M to $2.9M (-12%), with total assets most recently reported at $44.5M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MS.

MS

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for WMC PUBLIC BENEFIT CORPORATION

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