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Screen a listLouisville Medical Center Development Corporation
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- IRS nonprofit listing
- Flagged
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- Not stated
$966krevenue
FY2024 · −88% in 3 yrs8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Where the money goes FY2024 · $89M spent
Programs$89M100%Management and general$75k0%990 FY2024 · Part IX line 25
Worth checking2
Government grants fell 96% in FY2024
$21M in FY2023, $832k in FY2024.
990 Part VIIIDeficits in 3 of the last 3 years
−$1.9M in FY2022, −$5.0M in FY2023 and −$88M in FY2024. Cash covers 0.9 months.
990 Part I and balance sheetIn its favor1
Strong governance
11 of 11 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI1funder
$215ka year, last 3 years
100%from its largest funder
Funder’20’21’22’23University of Louisville Real Estate Foundation IncEvery year since FY2020$534k$514k$65k$67k
Funded