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Nonprofit · EIN 54-0566601

MEDICAL GROUP FOUNDATION INC

Tax-exempt · HIGHLAND, MD 20777

Financials

$31K$97K2022$50K$88K2023$35K$94K2024
Revenue Expenses · by fiscal year end
Financials of MEDICAL GROUP FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990-PF$35,028$94,323-$59,295$586,971$852$586,119
September 30, 2024990-PF$50,498$88,152-$37,654$646,266$852$645,414
September 30, 2023990-PF$31,017$97,288-$66,271$683,919$851$683,068
Financial details: 990-PF for the year ended September 30, 2025

Revenue

Dividends
$24,654
Interest
$254
Net gain from sales of assets
$10,514
Other income
-$394

Expenses

Grants and similar amounts paid
$39,000
Compensation of officers, directors and key employees
$33,020
Disbursements for charitable purposes
$39,000

Balance sheet and other

Total assets, start of year
$646,266
Total assets, end of year
$586,971
Total liabilities, end of year
$852
Net assets, end of year
$586,119
Fair market value of assets
$690,434
Qualifying distributions
$39,000
Net investment income
$33,013

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-PF for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
CHARLOTTE M RECORD
1349 ALLNUT LAND, HIGHLAND, MD 20777
SEC/TREAS0$26,520
DAVID P MALIN
715 HAWKERS LAND, SILVER SPRINGS, MD 20901
TRUSTEE0$6,500
GEORGE W REID
122610 GUNPOWDER RD, BELTSVILLE, MD 20705
TRUSTEE0$0
DOUGLAS L MALIN
8117 KARR STREET, CHATTANOOGA, MD 21401
PRESIDENT0$0
M LEROY HAAS
4121 BRIGHTON KNOLLS, BRINKON, MD 21401
TRUSTEE0$0
WESLEY S MALIN
8117 KARR STREET, CHATTANOOGA, MD 21401
TTUSTEE0$0
990-PF for the year ended September 30, 2024: 6 people
NameTitleHours / weekCompensation
CHARLOTTE M RECORD
1349 ALLNUT LAND, HIGHLAND, MD 20777
SEC/TREAS0$26,520
DOUGLAS L MALIN
8117 KARR STREET, CHATTANOOGA, MD 21401
PRESIDENT0$6,000
DAVID P MALIN
715 HAWKERS LAND, SILVER SPRINGS, MD 20901
TRUSTEE0$0
GEORGE W REID
122610 GUNPOWDER RD, BELTSVILLE, MD 20705
TRUSTEE0$0
M LEROY HAAS
4121 BRIGHTON KNOLLS, BRINKON, MD 21401
TRUSTEE0$0
WESLEY S MALIN
8117 KARR STREET, CHATTANOOGA, MD 21401
TTUSTEE0$0
990-PF for the year ended September 30, 2023: 6 people
NameTitleHours / weekCompensation
CHARLOTTE M RECORD
1349 ALLNUT LAND, HIGHLAND, MD 20777
SEC/TREAS0$26,520
DOUGLAS L MALIN
8117 KARR STREET, CHATTANOOGA, MD 21401
PRESIDENT0$5,500
DAVID P MALIN
715 HAWKERS LAND, SILVER SPRINGS, MD 20901
TRUSTEE0$0
GEORGE W REID
122610 GUNPOWDER RD, BELTSVILLE, MD 20705
TRUSTEE0$0
M LEROY HAAS
4121 BRIGHTON KNOLLS, BRINKON, MD 21401
TRUSTEE0$0
WESLEY S MALIN
8117 KARR STREET, CHATTANOOGA, MD 21401
TTUSTEE0$0

Address and contacts

Address (IRS master file)
13439 ALLNUTT LN, HIGHLAND, MD 20777-9744
Signed the 990-PF
CHARLOTTE M RECORD, SEC/TREAS
Phone
(301) 854-0229
Return prepared by
J SMITH & COMPANY PC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990-PF on file
2023September 30, 2024February 18, 2025990-PF on file

IRS record

EIN
54-0566601
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1964
Accounting year ends
September
Files
Form 990-PF
Assets (IRS master file)
$586,971
Income (IRS master file)
$163,681

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFSeptember 2025$35,028$94,323$586,971XML
990-PFSeptember 2024$50,498$88,152$646,266XML
990-PFSeptember 2023$31,017$97,288$683,919XML
990-PFSeptember 2022–––IRS
990-PFSeptember 2021–––IRS
990-PFSeptember 2020–––IRS
990-PFSeptember 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 54-0566601).

Questions about MEDICAL GROUP FOUNDATION INC

What is the EIN of MEDICAL GROUP FOUNDATION INC?
The employer identification number (EIN) of MEDICAL GROUP FOUNDATION INC is 54-0566601.
Is MEDICAL GROUP FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
Are donations to MEDICAL GROUP FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MEDICAL GROUP FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of MEDICAL GROUP FOUNDATION INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MEDICAL GROUP FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended September 2025.
Who are the officers and directors of MEDICAL GROUP FOUNDATION INC?
The 990-PF for the year ended September 30, 2025 lists 6 people; 2 received compensation from the organization, the highest $26,520 (CHARLOTTE M RECORD, SEC/TREAS).
How much revenue does MEDICAL GROUP FOUNDATION INC have?
On its 990-PF for the year ended September 30, 2025 it reported revenue of $35,028, expenses of $94,323 and total assets of $586,971 at year end.

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