Nonprofit · EIN 47-4965115
WMC PUBLIC BENEFIT CORPORATION
Tax-exempt · LOUISVILLE, MS 39339
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,910,360 | $2,301,711 | $608,649 | $44,487,508 | $10,097,900 | $34,389,608 |
| December 31, 2023 | 990 | $3,368,472 | $2,240,526 | $1,127,946 | $44,114,126 | $10,333,167 | $33,780,959 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,910,191
- Investment income
- $169
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $1,535,359
- Program services (functional)
- $2,301,711
Balance sheet and other
- Total assets, start of year
- $44,114,126
- Total assets, end of year
- $44,487,508
- Total liabilities, end of year
- $10,097,900
- Net assets, end of year
- $34,389,608
- Land, buildings and equipment
- $39,705,473
- Net assets without donor restrictions
- $34,389,608
- Gross receipts
- $2,910,360
- Employees
- 0
- Year formed
- 2015
- State of legal domicile
- MS
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DON BRANTLEY | TRUSTEE Trustee or director | – | $0 |
| BRITT HAMILL | TRUSTEE Trustee or director | – | $0 |
| MARY TABOR | TRUSTEE Trustee or director | – | $0 |
| DOW THOMAS | TRUSTEE Trustee or director | – | $0 |
| TERRY WOODS | TRUSTEE Trustee or director | – | $0 |
| MICHAEL NESTER | CEO Officer | – | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DON BRANTLEY | TRUSTEE Trustee or director | – | $0 |
| BRUCE LEE | TRUSTEE Trustee or director | – | $0 |
| MARY TABOR | TRUSTEE Trustee or director | – | $0 |
| DOW THOMAS | TRUSTEE Trustee or director | – | $0 |
| TERRY WOODS | TRUSTEE Trustee or director | – | $0 |
| MICHAEL NESTER | CEO Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 967, LOUISVILLE, MS 39339-0967
- In care of
- % PAUL BLACK
- Principal officer (990 for 2024)
- MICHAEL NESTER, 375 ABSTON LANE, MERIDIAN, MS 39301
- Signed the 990
- MICHAEL NESTER, CEO
- Phone
- (662) 779-5101
- Return prepared by
- WATKINS WARD AND STAFFORD PLLC
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.
Program accomplishments
- WMC PUBLIC BENEFIT CORPORATION "LESSOR" ENTERED INTO A LEASE AGREEMENT WIT WINSTON COUNTY MEDICAL FOUNDATION "LESSEE" ON DECEMBER 14, 2015 "THE COMMENCEMENT DATE". THE INTENT OF THE LESSOR AND LESSEE IS THAT THE LESSO SHALL PROVIDE AND LEASE TO THE LESSEE THE LAND AND HOSPITAL FACILITY WHICH CONSIST OF VARIOUS BUILDINGS AND A PARKING AREA. THE TERM OF THIS AGREEMENT BEGAN ON THE COMMENCEMENT DATE AND SHALL CONTINUE FOR A PERIOD OF THIRTY YEARS. WMC PUBLIC BENEFIT CORPORATION "LESSOR" ENTERED INTO A SEPARATE LEASE AGREEMENT WITH WINSTON COUNTY MEDICAL FOUNDATION "LESSEE" O DECEMBER 14, 2015 "THE COMMENCEMENT DATE". THE INTENT OF THE LESSOR AND LESSEE IS THAT THE LESSOR SHALL PROVIDE AND LEASE TO THE LESSEE VARIOUS EQUIPMENT. THE TERM OF THIS AGREEMENT BEGAN ON THE COMMENCEMENT DATE AND SHALL CONTINUE FOR A PERIOD OF SEVEN YEARS.Expenses $2,301,711 · revenue $2,910,191
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-4965115
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type II
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E02)
- Assets (IRS master file)
- $44,487,508
- Income (IRS master file)
- $2,910,360
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,910,360 | $2,301,711 | $44,487,508 | XML |
| 990 | December 2023 | $3,368,472 | $2,240,526 | $44,114,126 | XML |
| 990 | December 2022 | $44,422,990 | $5,187,716 | $43,464,665 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-4965115).
Questions about WMC PUBLIC BENEFIT CORPORATION
- What is the EIN of WMC PUBLIC BENEFIT CORPORATION?
- The employer identification number (EIN) of WMC PUBLIC BENEFIT CORPORATION is 47-4965115.
- Is WMC PUBLIC BENEFIT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to WMC PUBLIC BENEFIT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does WMC PUBLIC BENEFIT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WMC PUBLIC BENEFIT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WMC PUBLIC BENEFIT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of WMC PUBLIC BENEFIT CORPORATION?
- The 990 for the year ended December 31, 2024 names MICHAEL NESTER.
- Who are the officers and directors of WMC PUBLIC BENEFIT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does WMC PUBLIC BENEFIT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,910,360, expenses of $2,301,711 and total assets of $44,487,508 at year end.
Other nonprofits in LOUISVILLE
- COALITION FOR A HEALTHY WINSTON COUNTY EIN 45-5358291 · last filed 990-N for 2025
- WINSTON COUNTY MEDICAL FOUNDATION EIN 64-6010402 · last filed 990 for 2024
- LOUISVILLE WINSTON EDUCATIONAL FOUNDATION INC EIN 64-0477144 · last filed 990 for 2026
- GRACE CHRISTIAN EDUCATION ASSOCIATION INC EIN 64-0616399 · last filed 990 for 2025
- OPERATION LIFT UP EIN 47-3221272 · last filed 990 for 2025
- W A TAYLOR FOUNDATION EIN 64-6028570 · last filed 990-PF for 2025
- FARM BUREAU FEDERATION MISSISSIPPI EIN 64-0474466 · last filed 990 for 2025
- CALVARY RURAL WATER ASSOCIATION INC EIN 64-0529753 · last filed 990 for 2023