2025-08-08T08:06:47-05:00 2024-11-14 135565207 KPMG LLP 500 W 5TH STREET SUITE 800 WINSTONSALEM NC 27101 990 2024-01-01 821799159 GRADY WIC INC GRAD 4046161846 80 JESSE HILL JUNIOR DRIVE SE ATLANTA GA 30303 BILLY J WRIGHT CHIEF FINANCIAL OFFICER 4046161846 2025-08-08 1 0 WHITNEY B HEBRON P01226647 3362753394 2024 2025-03-06 01:10:19Z X BILLY J WRIGHT 80 JESSE HILL JUNIOR DRIVE SE ATLANTA GA 30303 793246 0 X WWW.GRADYHEALTH.ORG X 2017 GA TO HOLD TITLE TO PROPERTY, COLLECT INCOME AND DISTRIBUTE TO GRADY MEMORIAL HOSPITAL CORPORATION, A 501(C)(3) ORGANIZATION. X 3 0 0 0 0 0 0 0 799674 793246 0 0 0 0 799674 793246 0 6889366 0 0 0 0 0 0 0 806098 549547 806098 7438913 -6424 -6645667 31508647 0 24862980 0 6645667 0 X TO HOLD TITLE TO PROPERTY, COLLECT INCOME, TO DISTRIBUTE INCOME, LESS EXPENSES TO GRADY MEMORIAL HOSPITAL CORPORATION, AN ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND TO PERFORM ALL OTHER ACTS NECESSARY OR INCIDENTAL TO THE ABOVE AND TO DO WHATEVER IS DEEMED NECESSARY, USEFUL, ADVISABLE, OR CONDUCTIVE, DIRECTLY OR INDIRECTLY, AS DETERMINED BY THE BOARD OF DIRECTORS, TO CARRY OUT THE PURPOSE OF THE CORPORATION, AS SET FORTH IN THESE ARTICLES OF INCORPORATION, INCLUDING THE EXERCISE OF ALL OTHER POWER AND AUTHORITY ENJOYED BY CORPORATION GENERALLY BY VIRTUE OF THE PROVISIONS OF THE GEORGIA NONPROFIT CORPORATION CODE (WITHIN AND SUBJECT TO THE LIMITATIONS OF SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE). 0 0 7438913 6889366 793246 ON AUGUST 16, 2017, GRADY MEMORIAL HOSPITAL CORPORATION (GMHC) ENTERED INTO A TRANSACTION WITH A BANK AND CERTAIN LENDERS TO OBTAIN FINANCING THROUGH THE NEW MARKETS TAX CREDIT (NMTC) PROGRAM SPONSORED BY THE U.S. DEPARTMENT OF TREASURY. THE NMTC PROGRAM PERMITS CERTAIN TAXPAYERS TO RECEIVE A CREDIT AGAINST FEDERAL INCOME TAXES FOR MAKING QUALIFIED EQUITY INVESTMENTS (QEIS) IN COMMUNITY DEVELOPMENT ENTITIES (CDES). THROUGH THE TRANSACTION, GRADY WIC, INC., A WHOLLY-OWNED SUBSIDIARY OF GMHC, WAS FORMED FOR THE PURPOSE OF EFFECTING GMHC'S PARTICIPATION IN THE NMTC PROGRAM. THE U.S. TAX CREDIT PROVIDED TO THE INVESTOR TOTALS 39 PERCENT OF THE INITIAL VALUE OF THE QEI AND IS CLAIMED OVER A SEVEN-YEAR CREDIT ALLOWANCE PERIOD. 7438913 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X GINA SMITH VP FISCAL SERVICESCON 4046167355 80 JESSE HILL JUNIOR DRIVE SE ATLANTA GA 30303 JOHN HAUPERT DIRECTOR & PRESIDENT 1.00 40.00 X X 0 0 0 ANTHONY SAUL DIRECTOR & CFO 1.00 40.00 X X 0 0 0 TIMOTHY JEFFERSON DIRECTOR & VP & SECRETARY 1.00 40.00 X X 0 0 0 0 0 0 0 0 0 0 0 NMTC FAC LEASE INC WIC 531190 793246 793246 793246 793246 793246 0 0 6889366 6889366 NMTC GROUND SUBLEASE 348000 348000 NMTC INTEREST EXPENSE 147333 147333 NMTC CLOSING COST AMORT 38980 38980 NMTC FEES 14961 14961 273 273 7438913 7438913 0 0 4389 0 0 0 4609141 0 0 0 0 0 0 0 0 25234374 0 0 0 0 0 1660743 0 31508647 0 3061960 0 21801020 0 24862980 0 X 6645667 0 6645667 0 31508647 0 -6645667 0 X 0 1 X 1 0 0 X PART X, LINE 2: FORM 990, PART IV, LINE 11F AND SCHEDULE D, PART X, LINE 2 THE SYSTEM APPLIES FASB ASC 740, INCOME TAXES (ASC 740), WHICH ADDRESSES THE ACCOUNTING FOR UNCERTAIN INCOME TAX POSITIONS. ASC 740 PROVIDES GUIDANCE ON WHEN TAX POSITIONS ARE RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND HOW THE VALUES OF THESE POSITIONS ARE DETERMINED. THERE IS NO IMPACT ON THE SYSTEM'S CONSOLIDATED FINANCIAL STATEMENTS AS A RESULT OF APPLYING ASC 740. 1 GRADY MEMORIAL HOSPITAL CORPORATION 80 JESSE HILL JUNIOR DRIVE SE ATLANTA GA 30303 262037695 501(C)(3) 6889366 0 TRANSFER PURSUANT TO DISSOLUTION 1 PART II, LINE 1 GRADY WIC, INC. FILED ARTICLES OF DISSOLUTION WITH THE GEORGIA SECRETARY OF STATE ON NOVEMBER 14, 2024 AND BEGAN THE WINDING UP PROCESS WHEREBY ALL DEBTS WERE PAID AND THE REMAINING CASH OF $6,889,366 WAS TRANSFERRED TO THE GRADY MEMORIAL HOSPITAL CORPORATION, A 501(C)(3) ORGANIZATION. CASH 2024-11-14 6889366 262037695 GRADY MEMORIAL HOSPITAL CORPORATION 80 JESSE HILL JUNIOR DRIVE SE ATLANTA GA 30303 501(C)(3) 1 0 0 0 1 1 1 1 0 PART I, LINE 2E: PERSON(S) INVOLVED: JOHN M HAUPERT, TIMOTHY JEFFERSON, AND ANTHONY SAUL PART I, LINE 2E: EXPLANATION OF INVOLVEMENT: PRIOR TO THE DISSOLUTION DATE OF NOVEMBER 14, 2024, JOHN M HAUPERT, TIMOTHY JEFFERSON, AND ANTHONY SAUL EACH SERVED AS AN OFFICER OF THE TRANSFEREE ORGANIZATION AND DIRECTOR OF THE RELATED ORGANIZATIONS. AFTER THE DISSOLUTION, JOHN M HAUPERT, TIMOTHY JEFFERSON, AND ANTHONY SAUL EACH WILL CONTINUE TO SERVE AS AN OFFICER OF THE TRANSFEREE ORGANIZATION AND DIRECTOR OF THE RELATED ORGANIZATIONS. FORM 990, PART VI, SECTION A, LINE 6 GRADY WIC, INC. HAS ONE MEMBER, GRADY MEMORIAL HOSPITAL CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B - REVIEW PROCESS OF FORM 990 GRADY WIC, INC.'S INDEPENDENT ACCOUNTANT PREPARED THE RETURN AND REVIEWED THE RETURN WITH THE ORGANIZATION PRIOR TO FILING. A FINAL DRAFT WAS DISTRIBUTED TO ALL VOTING MEMBERS OF THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C LINES 12-14 CONFLICT OF INTEREST, WHISTLEBLOWER, AND DOCUMENT RETENTION POLICIES. WHILE GRADY WIC, INC. DOES NOT HAVE ITS OWN CONFLICT OF INTEREST, WHISTLEBLOWER, AND DOCUMENT RETENTION POLICIES, GRADY MEMORIAL HOSPITAL CORPORATION'S POLICIES, ITS SOLE MEMBER, APPLY TO THE FILING ORGANIZATION. GRADY MEMORIAL HOSPITAL CORPORATION HAS ESTABLISHED A CONFLICT OF INTEREST POLICY WHICH HAS BEEN REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. GRADY MEMORIAL HOSPITAL CORPORATION IS COMMITTED TO THE BELIEF THAT SOUND BUSINESS PRACTICES START WITH AN ABSOLUTE COMMITMENT FROM EACH EMPLOYEE TO ACT ETHICALLY IN CARRYING OUT GRADY MEMORIAL HOSPITAL CORPORATION'S BUSINESS, AND TO COMPLY WITH THE LAWS AND REGULATIONS THAT WOULD IMPACT ITS BUSINESS, THUS GRADY MEMORIAL HOSPITAL CORPORATION'S EMPLOYEES MUST AVOID PARTICIPATING IN ACTIVITIES THAT CREATE OR APPEAR TO CREATE A CONFLICT OF INTEREST. GMHC'S CONFLICT OF INTEREST SURVEY IS ADMINISTERED ANNUALLY TO OFFICERS, DIRECTORS, KEY EMPLOYEES AND OTHER IDENTIFIED PERSONNEL AND AT THE TIME OR APPOINTMENT AND REAPPOINTMENT OF MEDICAL STAFF. AFFIRMATIVE REPLIES ARE REVIEWED FOR DETERMINING APPROPRIATE MANAGEMENT, WHERE APPLICABLE. FORM 990, PART VI, SECTION B, LINE 15 LINE 15B - COMPENSATION OF CEO AND KEY EMPLOYEES GRADY WIC, INC. DOES NOT HAVE EMPLOYEES. ALL INDIVIDUALS LISTED IN PART VII ARE COMPENSATED BY GRADY MEMORIAL HOSPITAL, ITS RELATED ORGANIZATION. GRADY MEMORIAL HOSPITAL'S EXECUTIVE COMPENSATION FALLS WITHIN THE PURVIEW OF THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS AND IS REVIEWED ANNUALLY. GRADY MEMORIAL HOSPITAL CORPORATION'S BOARD OF DIRECTORS DESIGNATED THE COMPENSATION COMMITTEE TO BE RESPONSIBLE FOR ESTABLISHING COMPENSATION PRACTICES WHICH ARE REASONABLE AND DO NOT VIOLATE THE PRIVATE INUREMENT PROHIBITION. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS MADE PUBLIC GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. GRADY MEMORIAL HOSPITAL CORPORATION 80 JESSE HILL JR DRIVE SE ATLANTA GA 30303 262037695 HEALTH CARE GA 501(C)(3) LINE 3 N/A 0 GRADY HEALTH FOUNDATION INC 191 PEACHTREE STREET NE 820 ATLANTA GA 30303 582130437 HEALTH CARE GA 501(C)(3) LINE 7 N/A 0 GRADY CASS INC 80 JESSE HILL JR DRIVE SE ATLANTA GA 30303 822528602 NMTC GA 501(C)(2) GMHC 0 GRADY PONCE INC 80 JESSE HILL JR DRIVE SE ATLANTA GA 30303 873600624 NMTC GA 501(C)(2) GMHC 0 RELIANT EMERGENCY SPECIALTIES 745 MEMORIAL DR SE ATLANTA GA 30316 471397856 FLEET MAINTEN GA GMHC C 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 GRADY MEMORIAL HOSPITAL CORPORATION B 6889366 FMV GRADY MEMORIAL HOSPITAL CORPORATION J 793246 FMV GRADY MEMORIAL HOSPITAL CORPORATION K 348000 FMV