philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Pmob INC FY2020 filing

Louisville, KYUnknown exempt organizationEIN 47-5680120

To develop, construct, lease and manage a proposed class a, leed certified, medical office building in the 300 block of preston street.

95¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
−$16.9M
Spent
$1.6M
To programs
95%
Net assets
$196K
By yearFY2020–FY2022
Revenue
−$16.9M
FY2020
Revenue by fiscal year
FY2020−$16.9M
FY2021$8K
FY2022$0
Net assets
$196K
FY2020
Net assets by fiscal year
FY2020$196K
FY2021$169K
FY2022$0

From the FY2020 Form 990 (year ending June 2020) · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2022) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $1.5M Management & general 5% · $86K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Orson Oliver
Treasurer
$0Pt VII · Sec A
Toni Ganzel MD
Chair and President
$0Pt VII · Sec A
$0Pt VII · Sec A
In Kim MD
Director
$0Pt VII · Sec A
Ed Nasief
Director
$0Pt VII · Sec A
See Pmob INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Develops, constructs, leases, and manages a LEED-certified medical office building.

Provided by the organization

This section is blank until Pmob INC claims this page.

Know this organization? Claim it to add your story

1 program service account for $1.5M of program spending, described in the organization's own filed words · FY2019.
01

To develop, construct, lease and manage a proposed class a, leed certified, medical office building in the 300 block of preston street.

$1.5Mprogram expense

Run this program? Claim this org to tell your story

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
−$16.9M
Ln 12
Fees for servicesLn 2g$3.9M
Gifts and grantsLn 1h$1.0M
Money outPt IX
$1.6M
Ln 25
Programscol B$1.5M
Managementcol C$86K
Owns and owesPt X
$196K
net assets · Ln 32
Cash and savingsLn 1–2$196K
Total assetsLn 16$196K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.0M
Fees for servicesLn 2g$3.9M
Gains on assetsLn 7−$22.7M
Total revenueLn 12−$16.9M
Assets in detailPt X, end of year
CashLn 1$144K
SavingsLn 2$52K
Cash and savings togetherLn 1–2$196K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$196K
LiabilitiesLn 26$0
Net assetsLn 32$196K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$1.1M$196K
Land, buildings, equipmentLn 10c$66.9M$0
Total assetsLn 16$79.1M$196K
LiabilitiesLn 26$62.3M$0
Net assetsLn 32$16.8M$196K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$62K$62K
Accounting feesLn 11c$24K$24K
Office expensesLn 13$17K$17K
Information technologyLn 14$605$605
OccupancyLn 16$948K$948K
InterestLn 20$249K$249K
InsuranceLn 23$45K$45K
Other expenses (24a–d)Ln 24$230K$230K
Total functional expensesLn 25$1.6M$1.5M$86K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest $0$0 990 PDF
FY2021 $8K$169K 990 PDF
FY2020 Viewing −$16.9M$1.6M−$18.5M$196K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue −$16,893,744 across 6 lines filed
VIII-1f All other contributions, gifts and grants$1,000,250
VIII-1h Total contributions, gifts and grants$1,000,250
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,928,244$3,928,244
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$22,729,677−$22,729,677
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $907,439$907,439
VIII-12 Total revenueRelated to mission $3,928,244 · Unrelated business $0 · Excluded from tax −$21,822,238−$16,893,744
Part IX · Statement of functional expenses $1,575,797 across 8 lines filed
IX-11b Legal feesManagement $62,132$62,132
IX-11c Accounting feesManagement $23,500$23,500
IX-13 Office expensesPrograms $16,626$16,626
IX-14 Information technologyPrograms $605$605
IX-16 OccupancyPrograms $948,034$948,034
IX-20 InterestPrograms $249,421$249,421
IX-23 InsurancePrograms $45,219$45,219
IX-24 Other expenses (24a–d)Programs $230,260$230,260
IX-25 Total functional expensesPrograms $1,490,165 · Management $85,632 · Fundraising $0$1,575,797
Part X · Balance sheet $195,994 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $695,435$144,314
X-2 Savings and temporary cash investmentsStart of year $393,936$51,680
X-4 Accounts receivableStart of year $10,024,298$0
X-10c Land, buildings and equipment, netStart of year $66,933,939$0
X-15 Other assetsStart of year $1,043,802$0
X-16 Total assetsStart of year $79,091,410$195,994
X-17 Accounts payable and accrued expensesStart of year $151,614$0
X-25 Other liabilitiesStart of year $13,887,447$0
X-26 Total liabilitiesStart of year $62,325,409$0
X-27 Net assets without donor restrictionsStart of year $16,766,001$195,994
X-32 Total net assets or fund balancesStart of year $16,766,001$195,994
X-33 Total liabilities and net assetsStart of year $79,091,410$195,994
Part XI · Reconciliation of net assets $195,994 net assets at year end
XI-1 Total revenue−$16,893,744
XI-2 Total expenses$1,575,797
XI-3 Revenue less expenses−$18,469,541
XI-4 Net assets at start of year$16,766,001
XI-8 Prior period adjustments$1,899,534
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$195,994

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Export with similar orgs (CSV)
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.