Laird Hospital Inc is located in Union, MS. The organization was established in 2006. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Laird Hospital Inc employed 383 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laird Hospital Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Laird Hospital Inc generated $39.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $36.0m during the year ending 12/2021. While expenses have increased by 1.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HOSPITAL AND CLINIC PATIENT SERVICE
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAIRD HOSPITAL IS A 25-BED CRITICAL ACCESS HOSPITAL LOCATED IN UNION, MISSISSIPPI, THAT PROVIDES A WIDE RANGE OF INPATIENT, OUTPATIENT AND EMERGENCY SERVICES. PATIENTS CAN BE ADMITTED TO THE HOSPITAL IF THEIR MEDICAL NEEDS MAKE THAT THE BEST OPTION. A VARIETY OF OTHER SERVICES ARE AVAILABLE ON AN INPATIENT AND OUTPATIENT BASIS THROUGH THE HOSPITAL'S IMAGING, LABORATORY AND REHABILITATIVE SERVICES, INCLUDING PHYSICAL, OCCUPATIONAL AND SPEECH THERAPY.PATIENTS ARE CARED FOR UNDER THE DIRECTION OF THEIR PHYSICIAN BY A LICENSED HEALTH CARE TEAM INCLUDING REGISTERED NURSES, PHYSICAL THERAPISTS, SOCIAL WORKERS, DIETITIANS, PHARMACISTS AND OTHER ANCILLARY STAFF, DEPENDING ON THE PATIENT'S MEDICAL NEEDS.AN EMERGENCY DEPARTMENT IS STAFFED WITH QUALIFIED EMERGENCY ROOM HOSPITALISTS AND FAMILY NURSE PRACTITIONERS AND IS OPEN 24 HOURS A DAY, SEVEN DAYS A WEEK. THE HOSPITALISTS ALSO ACT AS HOSPITAL PHYSICIANS, WHICH MEANS THEY CAN ADMIT AND CARE FOR PATIENTS WHO DO NOT HAVE A PHYSICIAN WHO REGULARLY ADMITS PATIENTS AT THE HOSPITAL.SKILLED NURSING AND REHABILITATIVE CARE ARE AVAILABLE AT LAIRD HOSPITAL THROUGH THE SWING BED PROGRAM. THOSE RECOVERING FROM SURGERY, A STROKE, A FRACTURE OR AN EXTENDED MEDICAL ILLNESS AND HOSPITALIZATION CAN CHOOSE TO REHABILITATE AT LAIRD HOSPITAL, WHETHER OR NOT THEY WERE HOSPITALIZED IN ANOTHER LOCATION.IN ADDITION, LAIRD HOSPITAL HAS SPECIALIZED PROGRAMS FOR SENIOR ADULTS EXPERIENCING PROBLEMS COPING WITH EVERYDAY LIVING DUE TO ANXIETY, GRIEF AND/OR DEPRESSION. SENIOR CARE IS AN INTENSIVE OUTPATIENT PROGRAM THAT HAS HELPED MANY INDIVIDUALS. SENIOR CARE OFFERS FREE ASSESSMENTS BY A NURSE IN THE HOME, AND TRANSPORTATION CAN BE PROVIDED.LAIRD HOSPITAL HAS A RICH HERITAGE AS A HOSPITAL BUILT BY THE COMMUNITY FOR THE COMMUNITY. FOUNDED ON THE VISION OF DR. EARL LAIRD, SR., THE HOSPITAL BELIEVES IN PROVIDING COMPASSIONATE HEALTH CARE SERVICES THAT REACH OUT TO THOSE LIVING IN UNION AND THE SURROUNDING AREA.SINCE THE HOSPITAL OPENED ITS DOORS, GROWTH HAS BEEN A MAJOR FOCUS FOR THE LAIRD'S COMMITMENT TO YOU AND YOUR FAMILY. TODAY, WE SHARE THE SAME VISION THAT DR. EARL LAIRD, SR., INSTITUTED TO PROVIDE A TRADITION OF CARING THROUGHOUT THE COMMUNITY FOR YEARS TO COME.AS PRESENTED IN THE ATTACHED SCHEDULE H, LAIRD HOSPITAL PROVIDED FINANCIAL ASSISTANCE AND CERTAIN OTHER COMMUNITY BENEFITS DURING 2021 AT A NET COST OF $1,219,297. ALTHOUGH EQUITABLE PAYMENT FOR SERVICES IS ESSENTIAL TO THE ORGANIZATION'S FINANCIAL VIABILITY, LAIRD HOSPITAL RECOGNIZES THAT NOT ALL INDIVIDUALS POSSESS THE RESOURCES REQUIRED TO REIMBURSE THE HOSPITAL FOR ALL SERVICES PROVIDED. KEEPING ITS COMMITMENT TO THE COMMUNITY, LAIRD HOSPITAL PROVIDES FREE CARE AND SUBSIDIZED CARE WITHIN EXISTING RESOURCES WHERE THE NEED FOR SUCH CARE EXISTS.ALONG WITH BEING THE ONE OF THE COUNTY'S LARGEST EMPLOYERS AND A MAJOR ECONOMIC STIMULUS BY VIRTUE OF ITS PAYROLL, LAIRD HOSPITAL ALSO PROVIDES MANY BENEFITS TO THE BROADER COMMUNITY IN THE AREAS OF CIVIC INVOLVEMENT AND GIVING INCLUDING ACTIVELY SUPPORTING THE AMERICANCANCER SOCIETY, SUPPORTING THE COMMUNITY WITH ITS ANNUAL COUNTRY DAY PROGRAM, CONDUCTING AND ATTENDING COMMUNITY HEALTH FAIRS AND PROVIDING FREE MEDICAL SCREENING TESTS AND DISSEMINATION OF HEALTH INFORMATION AT CIVIC CLUB MEETINGS AND OTHER COMMUNITY FUNCTIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Christopher Webb Physician | 40 | $301,103 | |
Patrick Eakes Physician | 40 | $265,220 | |
Matthew Ward Physician | 40 | $265,216 | |
Krista Boyette Physician | 40 | $249,590 | |
James Bradshaw Physician | 40 | $235,828 | |
Larkin Kennedy President/ceo | Officer | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Cura Hospitality Llc Dietary Services | 12/30/21 | $462,746 |
Jeffrey L Mcgilbra Md Pllc Physician Services | 12/30/21 | $152,000 |
Wound Care Specialists Wound Care Services | 12/30/21 | $174,040 |
Ummc For Telehealth Telehealth Patient Care | 12/30/21 | $112,170 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $1,429,434 |
Government grants | $3,289,942 |
All other contributions, gifts, grants, and similar amounts not included above | $10,544 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,729,920 |
Total Program Service Revenue | $33,398,452 |
Investment income | $4,807 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $158,715 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $38,978,099 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $14,557,141 |
Pension plan accruals and contributions | $141,659 |
Other employee benefits | $1,968,120 |
Payroll taxes | $975,861 |
Fees for services: Management | $3,367,131 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $286,552 |
Advertising and promotion | $117 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $4,858,667 |
Travel | $70,293 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,883 |
Interest | $385,345 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,693,315 |
Insurance | $218,709 |
All other expenses | $1,771,722 |
Total functional expenses | $36,043,280 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $196,287 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $4,820,416 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $352,647 |
Prepaid expenses and deferred charges | $108,173 |
Net Land, buildings, and equipment | $6,080,824 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $64,952,305 |
Total assets | $76,510,652 |
Accounts payable and accrued expenses | $1,986,155 |
Grants payable | $0 |
Deferred revenue | $1,916,131 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $5,780,347 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $65,252,850 |
Total liabilities | $74,935,483 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $1,575,169 |
Total liabilities and net assets/fund balances | $76,510,652 |
Over the last fiscal year, we have identified 1 grants that Laird Hospital Inc has recieved totaling $1,429,434.
Awarding Organization | Amount |
---|---|
Rush Health Systems Inc Meridian, MS PURPOSE: AFFILIATE SUPPORT | $1,429,434 |
Organization Name | Assets | Revenue |
---|---|---|
Takoma Regional Hospital Inc Johnson City, TN | $67,567,737 | $101,642,721 |
Bhmc-Conway Little Rock, AR | $132,811,790 | $94,715,351 |
Medical Foundation Of Central Mississippi Inc Jackson, MS | $28,755,381 | $68,122,317 |
United States Catholic Conference Baton Rouge, LA | $64,080,884 | $84,960,844 |
Acadia General Hospital Inc Crowley, LA | $28,138,609 | $49,974,389 |
Drew Memorial Hospital Inc Monticello, AR | $65,272,333 | $54,246,606 |
Monroe Health Services Inc Tupelo, MS | $25,250,042 | $45,516,589 |
Laird Hospital Inc Union, MS | $76,510,652 | $38,978,099 |
Claiborne Medical Center Knoxville, TN | $16,448,383 | $38,347,834 |
Baptist Health Hospitals Little Rock, AR | $18,851,249 | $34,219,139 |
Magnolia Regional Health System Inc Magnolia, AR | $47,271,898 | $38,324,367 |
Springhill Medical Services Inc Springhill, LA | $19,141,665 | $32,872,854 |