Cameron Memorial Community Hospital Inc
- Assets
- $106.6m
- Revenue
- $102.6m
- Investments
- $3.3m
- Employees
- 751
- Location
- Angola, IN
- Founding
- 11/1938
- Data as of
- 09/2022
- EIN
- 35-0211370
Organization Overview
Cameron Memorial Community Hospital Inc is located in Angola, IN. The organization was established in 1938. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2022, Cameron Memorial Community Hospital Inc employed 751 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cameron Memorial Community 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 09/2022, Cameron Memorial Community Hospital Inc generated $102.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $92.2m during the year ending 09/2022. While expenses have increased by 7.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CMCH IS AN INDEPENDENT, NOT FOR PROFIT, CRITICAL ACCESS HOSPITAL OFFERING HEALTH & WELLNESS SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAMERON MEMORIAL COMMUNITY HOSPITAL, INC. (HOSPITAL), A NOT FOR PROFIT ORGANIZATION, IS A GENERAL ACUTE CARE FACILITY IN ANGOLA, INDIANA WITH 25 LICENSED BEDS AND ASSOCIATED ANCILLARY SERVICE DEPARTMENTS INCLUDING OUTPATIENT SERVICES, HOME HEALTH CARE AND AN URGENT CARE CENTER IN ANGOLA, INDIANA. THE HOSPITAL PROVIDES HEALTH CARE SERVICES PRIMARILY IN THE NORTHEAST PORTION OF INDIANA. EXPENSES RELATE TO THE PROVISION OF MEDICAL CARE AND RELATED GENERAL AND ADMINISTRATIVE COSTS.
SURGERY SERVICE IS A PROGRAM OFFERED TO PATIENTS AT THE HOSPITAL. OVER 3,700 PROCEDURES ARE PERFORMED ANNUALLY, WITH 91% OF THE PROCEDURES BEING OUTPATIENT RELATED.
OTHER PROGRAMS INCLUDE RADIOLOGY, LAB SERVICES AND EMERGENCY ROOM.RADIOLOGY SERVICE IS OFFERED TO PATIENTS AT THE HOSPITAL. ANNUALLY THE HOSPITAL PERFORMS OVER 42,500 PROCEDURES, INCLUDING GENERAL RADIOLOGY SERVICES, CT SCANS, PET SCANS AND AN OPEN BORE MRI. LAB SERVICES IS THE FOURTH LARGEST PROGRAM OFFERED TO PATIENTS AT THE HOSPITAL. OVER 233,400 ARE DONE WITH 83% BEING OUTPATIENT RELATED. EMERGENCY ROOM SERVICES IS THE THIRD LARGEST PROGRAM OFFERED TO PATIENTS AT CMCH. OVER 17,600 PATIENTS CAME THROUGH CAMERON'S EMERGENCY ROOM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Mchenry Chair | OfficerTrustee | 2 | $0 |
John Mccoy Vice Chair | OfficerTrustee | 2 | $0 |
Todd Rumsey MD Treasurer/physician | OfficerTrustee | 40 | $586,379 |
Teresa King MD Secretary/physician | OfficerTrustee | 40 | $489,080 |
Mike Connell Board Member | Trustee | 2 | $0 |
Jonathan Cress Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fort Wayne Orthopaedics Llc Orthopaedic Services | 9/29/22 | $1,023,638 |
Hospital Care Group Pc Hospitalist Program | 9/29/22 | $845,047 |
Industrial Contracting & Engineering Construction And Maintenance Services | 9/29/22 | $660,432 |
Assoc Anesthesiologists Anesthesiology Services | 9/29/22 | $690,757 |
Focusone Solutions Llc Staffing Services | 9/29/22 | $805,827 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,380 |
| Related organizations | $0 |
| Government grants | $2,065,351 |
| All other contributions, gifts, grants, and similar amounts not included above | $53,881 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,122,612 |
| Total Program Service Revenue | $99,681,076 |
| Investment income | $78,076 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $229,853 |
| Net Gain/Loss on Asset Sales | -$39,403 |
| Net Income from Fundraising Events | $22,575 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $102,567,733 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $160,000 |
| 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. | $2,390,391 |
| Compensation of current officers, directors, key employees. | $524,877 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $33,424,988 |
| Pension plan accruals and contributions | $982,633 |
| Other employee benefits | $6,920,771 |
| Payroll taxes | $2,448,499 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $122,142 |
| Fees for services: Accounting | $161,545 |
| Fees for services: Lobbying | $1,984 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,701,063 |
| Advertising and promotion | $69,849 |
| Office expenses | $1,233,210 |
| Information technology | $1,817,528 |
| Royalties | $0 |
| Occupancy | $2,197,036 |
| Travel | $71,681 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $163,293 |
| Interest | $1,325,969 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,868,847 |
| Insurance | $597,793 |
| All other expenses | $2,277,147 |
| Total functional expenses | $92,248,824 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $203,009 |
| Savings and temporary cash investments | $21,361,045 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,881,560 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,320,702 |
| Inventories for sale or use | $1,529,058 |
| Prepaid expenses and deferred charges | $2,613,081 |
| Net Land, buildings, and equipment | $35,436,274 |
| Investments—publicly traded securities | $24,115,445 |
| Investments—other securities | $3,329,020 |
| Investments—program-related | $0 |
| Intangible assets | $897,483 |
| Other assets | $3,878,866 |
| Total assets | $106,565,543 |
| Accounts payable and accrued expenses | $10,647,167 |
| Grants payable | $0 |
| Deferred revenue | $743,489 |
| 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 | $40,791,070 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $534,122 |
| Total liabilities | $52,715,848 |
| Net assets without donor restrictions | $53,435,697 |
| Net assets with donor restrictions | $413,998 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $106,565,543 |
Grants Awarded
Over the last fiscal year, Cameron Memorial Community Hospital Inc has awarded $160,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ANGOLA KID'S LEAGUE PURPOSE: DONATION FOR NEW TEE BALL FIELD, SOUND SYSTEM, AND FRONT ENTRANCE TO THE FACILITY | $100,000 |
MSD OF STEUBEN COUNTY PURPOSE: DONATION FOR FOOTBALL FIELD CONSTRUCTION | $60,000 |