Cullman Regional Medical Center Employee Benevolent Fund
Cullman Regional Medical Center Employee Benevolent Fund maintains stable finances with growing assets and no executive compensation.
EIN: 20583565 · Cullman, AL · NTEE: P20 · Updated: 2026-03-28
Is Cullman Regional Medical Center Employee Benevolent Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cullman Regional Medical Center Employee Benevolent Fund directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cullman Regional Medical Center Employee Benevolent Fund
Cullman Regional Medical Center Employee Benevolent Fund (EIN: 20583565) is a nonprofit organization based in Cullman, AL, classified under NTEE code P20. The organization reported total revenue of $36K and total assets of $73K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cullman Regional Medical Center Employee Benevolent Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cullman Regional Medical Center Employee Benevolent Fund is a micro nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $35K |
| Total Expenses | $25K |
| Surplus / Deficit | +$10K |
| Total Assets | $79K |
| Net Assets | $79K |
| Operating Margin | 27.8% |
| Months of Reserves | 37.3 months |
Financial Health Grade: A
In 2023, Cullman Regional Medical Center Employee Benevolent Fund reported a surplus of $10K with revenue exceeding expenses, holds 37.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Cullman Regional Medical Center Employee Benevolent Fund's revenue has declined at a compound annual growth rate (CAGR) of -6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.6% | -53.3% | +14.9% |
| 2022 | -19.9% | +33.5% | -16.6% |
| 2021 | -19.8% | +34.9% | +14.0% |
| 2020 | -3.8% | -38.5% | +85.1% |
| 2019 | +15.6% | -22.1% | +75.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cullman Regional Medical Center Employee Benevolent Fund with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Cullman Regional Medical Center Employee Benevolent Fund allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This suggests a volunteer-led or extremely lean administrative structure, allowing all funds to be directed towards the benevolent purpose.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Cullman Regional Medical Center Employee Benevolent Fund:
- Consistent 0% officer compensation, indicating high efficiency and direct program focus.
- Zero liabilities reported across all filings, demonstrating strong financial stability and no debt.
- Consistent asset growth, from $18,875 in 2014 to $78,588 in 2023, showing responsible financial management.
- Positive net income in most recent years (e.g., $9,731 in 2023), contributing to asset accumulation.
- Long history of IRS 990 filings (13 filings), indicating transparency and compliance.
Frequently Asked Questions about Cullman Regional Medical Center Employee Benevolent Fund
Is Cullman Regional Medical Center Employee Benevolent Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Cullman Regional Medical Center Employee Benevolent Fund (EIN: 20583565) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Cullman Regional Medical Center Employee Benevolent Fund spend its money?
Cullman Regional Medical Center Employee Benevolent Fund directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cullman Regional Medical Center Employee Benevolent Fund tax-deductible?
Cullman Regional Medical Center Employee Benevolent Fund is registered as a tax-exempt nonprofit (EIN: 20583565). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Cullman Regional Medical Center Employee Benevolent Fund a good charity?
Based on the provided data, the fund appears to be a very good charity. It consistently reports 0% officer compensation, has no liabilities, and has steadily grown its assets, indicating efficient use of funds and strong financial health.
How has the organization's financial health changed over time?
The organization's financial health has improved, with assets growing from $18,875 in 2014 to $78,588 in 2023. While revenue and expenses fluctuate, the overall trend shows responsible management and accumulation of reserves.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating a commitment to directing all funds towards its benevolent mission rather than executive salaries.
Filing History
IRS 990 filing history for Cullman Regional Medical Center Employee Benevolent Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cullman Regional Medical Center Employee Benevolent Fund's revenue has declined by 52.2%, moving from $73K to $35K. Total assets increased by 209.6% over the same period, from $25K to $79K. Total functional expenses fell by 65.2%, from $73K to $25K. In its most recent filing year (2023), Cullman Regional Medical Center Employee Benevolent Fund reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $35K | $25K | $79K | $0 | — | — |
| 2022 | $41K | $54K | $68K | $0 | — | View 990 |
| 2021 | $51K | $41K | $82K | $0 | — | — |
| 2020 | $63K | $30K | $72K | $0 | — | — |
| 2019 | $66K | $49K | $39K | $0 | — | View 990 |
| 2018 | $57K | $63K | $22K | $0 | — | View 990 |
| 2017 | $53K | $49K | $28K | $0 | — | View 990 |
| 2016 | $54K | $51K | $24K | $0 | — | View 990 |
| 2015 | $50K | $48K | $21K | $0 | — | View 990 |
| 2014 | $53K | $57K | $19K | $0 | — | View 990 |
| 2013 | $51K | $48K | $23K | $0 | — | View 990 |
| 2012 | $49K | $55K | $20K | $0 | — | View 990 |
| 2011 | $73K | $73K | $25K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $35K, expenses of $25K, and assets of $79K (revenue -13.6% year-over-year).
- 2022: Revenue of $41K, expenses of $54K, and assets of $68K (revenue -19.9% year-over-year).
- 2021: Revenue of $51K, expenses of $41K, and assets of $82K (revenue -19.8% year-over-year).
- 2020: Revenue of $63K, expenses of $30K, and assets of $72K (revenue -3.8% year-over-year).
- 2019: Revenue of $66K, expenses of $49K, and assets of $39K (revenue +15.6% year-over-year).
- 2018: Revenue of $57K, expenses of $63K, and assets of $22K (revenue +7.9% year-over-year).
- 2017: Revenue of $53K, expenses of $49K, and assets of $28K (revenue -3.2% year-over-year).
- 2016: Revenue of $54K, expenses of $51K, and assets of $24K (revenue +7.7% year-over-year).
- 2015: Revenue of $50K, expenses of $48K, and assets of $21K (revenue -5.0% year-over-year).
- 2014: Revenue of $53K, expenses of $57K, and assets of $19K (revenue +5.1% year-over-year).
- 2013: Revenue of $51K, expenses of $48K, and assets of $23K (revenue +2.4% year-over-year).
- 2012: Revenue of $49K, expenses of $55K, and assets of $20K (revenue -32.7% year-over-year).
- 2011: Revenue of $73K, expenses of $73K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cullman Regional Medical Center Employee Benevolent Fund:
Data Sources and Methodology
This transparency report for Cullman Regional Medical Center Employee Benevolent Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.