Nonprofit · EIN 58-1696660
MEDICAL FOUNDATION OF CHATTANOOGA INC
Tax-exempt · CHATTANOOGA, TN 37404
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,461,795 | $1,167,164 | $1,294,631 | $7,859,481 | $117,924 | $7,741,557 |
| December 31, 2024 | 990 | $2,155,444 | $1,286,003 | $869,441 | $6,567,848 | $120,922 | $6,446,926 |
| December 31, 2023 | 990 | $1,901,041 | $1,184,513 | $716,528 | $5,665,582 | $110,235 | $5,555,347 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,668,915
- of which government grants
- $1,544,639
- Program service revenue
- $0
- Investment income
- $693,961
- Net income from fundraising events
- $86,753
- Other revenue
- $98,919
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $491,235
- Salaries, compensation and benefits (total)
- $620,300
- Professional fundraising fees
- $0
- Accounting fees
- $6,500
- Occupancy
- $55,759
- Travel
- $8,702
- Depreciation
- $5,335
- Program services (functional)
- $1,011,059
- Management and general (functional)
- $104,688
- Fundraising (functional)
- $51,417
Balance sheet and other
- Total assets, start of year
- $6,567,848
- Total assets, end of year
- $7,859,481
- Total liabilities, end of year
- $117,924
- Net assets, end of year
- $7,741,557
- Land, buildings and equipment
- $31,896
- Net assets without donor restrictions
- $7,728,200
- Net assets with donor restrictions
- $13,357
- Gross receipts
- $2,461,795
- Employees
- 12
- Volunteers
- 1,150
- Year formed
- 1986
- State of legal domicile
- TN
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GENE HUFFSTUTTER | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JAMES HAYNES | DIRECTOR Trustee or director | 1 | $0 |
| MELANIE BLAKE | SECRETARY-TREASURER Trustee or director, Officer | 2 | $0 |
| SHAUNA LORENZO | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| GLENN NEWMAN | DIRECTOR Trustee or director | 1 | $0 |
| TRACIE LESAR | DIRECTOR Trustee or director | 1 | $0 |
| NITA SHUMAKER | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTIE BURBANK | DIRECTOR Trustee or director | 1 | $0 |
| VANESSA MCNEIL | DIRECTOR Trustee or director | 1 | $0 |
| HARSHA VARDHANA | DIRECTOR Trustee or director | 1 | $0 |
| KAREN AUSTIN | DIRECTOR Trustee or director | 1 | $0 |
| RICHARD MOODY | DIRECTOR Trustee or director | 1 | $0 |
| HARISH MANYAM | DIRECTOR Trustee or director | 1 | $0 |
| MARIJKA GREY | DIRECTOR Trustee or director | 1 | $0 |
| TODD THURSTON | DIRECTOR Trustee or director | 1 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EUGENE RYAN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GENE HUFFSTUTTER | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JAMES HAYNES | DIRECTOR Trustee or director | 1 | $0 |
| MELANIE BLAKE | SECRETARY-TREASURER Trustee or director, Officer | 2 | $0 |
| COLLEEN SCHMITT | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| GLENN NEWMAN | DIRECTOR Trustee or director | 1 | $0 |
| TRACIE LESAR | DIRECTOR Trustee or director | 1 | $0 |
| NITA SHUMAKER | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTIE BURBANK | DIRECTOR Trustee or director | 1 | $0 |
| VANESSA MCNEIL | DIRECTOR Trustee or director | 1 | $0 |
| HARSHA VARDHANA | DIRECTOR Trustee or director | 1 | $0 |
| KAREN AUSTIN | DIRECTOR Trustee or director | 1 | $0 |
| RICHARD MOODY | DIRECTOR Trustee or director | 1 | $0 |
| HARISH MANYAM | DIRECTOR Trustee or director | 1 | $0 |
| MARIJKA GREY | DIRECTOR Trustee or director | 1 | $0 |
| TODD THURSTON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RAE YOUNG BOND | EXECUTIVE DIRECTOR Trustee or director, Officer | 30 | $0 | $186,016 | $33,634 |
| MELANIE BLAKE MD | SECRETARY-TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| HARISH MANYAM MD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARIJKA GREY MD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TODD THURSTON MD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RICHARD MOODY MD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| HARSHA VARDHANA MD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| J EUGENE HUFFSTUTTER MD | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| COLLEEN SCHMITT MD | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JAMES HAYNES MD | PAST PRESIDENT Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTIE KIZER BURBANK JD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TRACIE LESAR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| VANESSA MCNEIL TRENT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PHYLLIS MILLER MD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GLENN NEWMAN MD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| NITA SHUMAKER MD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1917 E 3RD ST, CHATTANOOGA, TN 37404-2608
- Principal officer (990 for 2025)
- RAE YOUNG BOND, 1917 EAST THIRD STREET, CHATTANOOGA, TN 374042608
- Signed the 990
- RAE YOUNG BOND, EXECUTIVE DIRECTOR
- Phone
- (423) 622-2872
- Return prepared by
- Waycaster CPA LLC
Mission
THE MEDICAL FOUNDATION OF CHATTANOOGA EXISTS TO SUPPORT THE COMMUNITY THROUGH HEALTH SERVICES RESEARCH, PROMOTION OF HEALTHY LIFESTYLES, EDUCATION, AND COOPERATION WITH OTHER CHARITABLE ENTITIES TO INCREASE ACCESS TO HEALTH CARE.
Program accomplishments
- THE MEDICAL FOUNDATION OF CHATTANOOGA EXISTS TO SUPPORT THE CONTINUAL IMPROVEMENT OF COMMUNITY HEALTH AND STIMULATE PHILANTHROPY AND LEADERSHIP THAT RESPONDS TO HEALTH NEEDS THROUGHOUT THE COMMUNITY. THE FOUNDATION WORKS TO INCREASE ACCESS TO QUALITY HEALTH CARE, EXPAND OPPORTUNITY FOR HEALTH AND MEDICAL EDUCATION, AND ENCOURAGE PHYSICIANS TO ACHIEVE THE HIGHEST IDEALS OF MEDICINE IN THEIR LIVES AND PRACTICES.Expenses $1,011,059
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 | 990 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
- 58-1696660
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1987
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $7,859,481
- Income (IRS master file)
- $2,461,795
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,461,795 | $1,167,164 | $7,859,481 | IRS |
| 990 | December 2024 | $2,155,444 | $1,286,003 | $6,567,848 | IRS |
| 990 | December 2023 | $1,901,041 | $1,184,513 | $5,665,582 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $1,372,583 | $1,272,546 | $4,336,253 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 58-1696660).
Questions about MEDICAL FOUNDATION OF CHATTANOOGA INC
- What is the EIN of MEDICAL FOUNDATION OF CHATTANOOGA INC?
- The employer identification number (EIN) of MEDICAL FOUNDATION OF CHATTANOOGA INC is 58-1696660.
- Is MEDICAL FOUNDATION OF CHATTANOOGA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to MEDICAL FOUNDATION OF CHATTANOOGA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MEDICAL FOUNDATION OF CHATTANOOGA INC 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 MEDICAL FOUNDATION OF CHATTANOOGA INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MEDICAL FOUNDATION OF CHATTANOOGA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MEDICAL FOUNDATION OF CHATTANOOGA INC?
- The 990 for the year ended December 31, 2025 names RAE YOUNG BOND.
- Who are the officers and directors of MEDICAL FOUNDATION OF CHATTANOOGA INC?
- The 990 for the year ended December 31, 2025 lists 16 people; 0 received compensation from the organization.
- How much revenue does MEDICAL FOUNDATION OF CHATTANOOGA INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,461,795, expenses of $1,167,164 and total assets of $7,859,481 at year end.
Other nonprofits in CHATTANOOGA
- ERLANGER HEALTH EIN 88-3616696 · last filed 990 for 2025
- VOLUNTEER BEHAVIORAL HEALTH CARE SYSTEM EIN 62-1589440 · last filed 990 for 2025
- SIGNAL CENTERS INC EIN 62-0587285 · last filed 990 for 2025
- BLOOD ASSURANCE INC EIN 62-0842419 · last filed 990 for 2025
- MCCALLIE SCHOOL INC EIN 62-0475837 · last filed 990 for 2025
- THE BAYLOR SCHOOL EIN 62-0126365 · last filed 990 for 2025
- SISKIN HOSPITAL FOR PHYSICAL REHABILITATION EIN 62-1220402 · last filed 990 for 2025
- CHATTANOOGA C A R E S INC EIN 62-1325543 · last filed 990 for 2025