Nonprofit · EIN 64-0822753
MEDICAL FOUNDATION OF SOUTH MISSISSIPPI INC
Tax-exempt · GULFPORT, MS 39502
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $0 | $0 | $0 | $21,981 | $36,750,237 | -$36,728,256 |
| September 30, 2024 | 990 | $0 | $0 | $0 | $21,981 | $36,750,237 | -$36,728,256 |
| September 30, 2023 | 990 | $0 | $0 | $0 | $21,981 | $36,750,237 | -$36,728,256 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $21,981
- Total assets, end of year
- $21,981
- Total liabilities, end of year
- $36,750,237
- Net assets, end of year
- -$36,728,256
- Net assets without donor restrictions
- -$36,728,256
- Gross receipts
- $0
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1992
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHERWOOD BAILEY JR | PRESIDENT Trustee or director, Officer | 1 | $0 |
| ROY ANDERSON III | BOARD MEMBER Trustee or director | 1 | $0 |
| RICHARD TILLEY MD | BOARD MEMBER/PHYSICIAN Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHERWOOD BAILEY JR | PRESIDENT Trustee or director, Officer | 1 | $0 |
| ROY ANDERSON III | BOARD MEMBER Trustee or director | 1 | $0 |
| RICHARD TILLEY MD | BOARD MEMBER/PHYSICIAN Trustee or director | 1 | $0 |
990 for the year ended September 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHERWOOD BAILEY JR | PRESIDENT Trustee or director, Officer | 1 | $0 |
| ROY ANDERSON III | BOARD MEMBER Trustee or director | 1 | $0 |
| RICHARD TILLEY MD | BOARD MEMBER/PHYSICIAN Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1810, GULFPORT, MS 39502-1810
- In care of
- % RANDY ROBINSON
- Principal officer (990 for 2024)
- SHERWOOD BAILEY JR, 1529 MAGNOLIA ST LOT 16, GULFPORT, MS 39507
- Signed the 990
- SHERWOOD BAILEY JR, PRESIDENT
- Phone
- (228) 865-1453
- Return prepared by
- CRI ADVISORS LLC
Mission
THE MEDICAL FOUNDATION OF SOUTH MISSISSIPPI, INC.'S PRIMARY MISSION WAS TO PROVIDE MEDICAL CARE TO THE COMMUNITY OF THE MISSISSIPPI GULF COAST THROUGH OWNERSHIP AND OPERATION OF A NUMBER OF HEALTH CLINICS IN THE REGION. HOWEVER, ON OCTOBER 1, 2008, THE FOUNDATION DISCONTINUED PATIENT HEALTH CARE AND IS A COMPONENT OF MEMORIAL HOSPITAL AT GULFPORT.
Program accomplishments
- THE MEDICAL FOUNDATION OF SOUTH MISSISSIPPI, INC.'S PRIMARY MISSION WAS TO PROVIDE MEDICAL CARE TO THE COMMUNITY OF THE MISSISSIPPI GULF COAST THROUGH OWNERSHIP AND OPERATION OF A NUMBER OF HEALTH CLINICS IN THE REGION. HOWEVER, ON OCTOBER 1, 2008, THE FOUNDATION DISCONTINUED PATIENT HEALTH CARE AND IS A COMPONENT OF MEMORIAL HOSPITAL AT GULFPORT.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 64-0822753
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Hospital or medical research organization
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- September
- Files
- Form 990-N (e-Postcard)
- Assets (IRS master file)
- $21,981
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $0 | $0 | $21,981 | XML |
| 990 | September 2024 | $0 | $0 | $21,981 | XML |
| 990 | September 2023 | $0 | $0 | $21,981 | XML |
| 990 | September 2022 | $0 | $0 | $21,981 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 64-0822753).
Questions about MEDICAL FOUNDATION OF SOUTH MISSISSIPPI INC
- What is the EIN of MEDICAL FOUNDATION OF SOUTH MISSISSIPPI INC?
- The employer identification number (EIN) of MEDICAL FOUNDATION OF SOUTH MISSISSIPPI INC is 64-0822753.
- Is MEDICAL FOUNDATION OF SOUTH MISSISSIPPI INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to MEDICAL FOUNDATION OF SOUTH MISSISSIPPI INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MEDICAL FOUNDATION OF SOUTH MISSISSIPPI INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of MEDICAL FOUNDATION OF SOUTH MISSISSIPPI 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 FOUNDATION OF SOUTH MISSISSIPPI INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of MEDICAL FOUNDATION OF SOUTH MISSISSIPPI INC?
- The 990 for the year ended September 30, 2025 names SHERWOOD BAILEY JR.
- Who are the officers and directors of MEDICAL FOUNDATION OF SOUTH MISSISSIPPI INC?
- The 990 for the year ended September 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does MEDICAL FOUNDATION OF SOUTH MISSISSIPPI INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $0, expenses of $0 and total assets of $21,981 at year end.
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