Meridian Health Services Corp
- Assets
- $102.1m
- Revenue
- $118.7m
- Investments
- $0.0
- Employees
- 1,478
- Location
- Muncie, IN
- Founding
- 06/1974
- Data as of
- 06/2022
- EIN
- 35-1302836
Organization Overview
Meridian Health Services Corp is located in Muncie, IN. The organization was established in 1974. According to its NTEE Classification (F30) the organization is classified as: Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2022, Meridian Health Services Corp employed 1,478 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meridian Health Services Corp 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 06/2022, Meridian Health Services Corp generated $118.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $95.1m during the year ending 06/2022. While expenses have increased by 4.3% 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
SEE SCHEDULE O.MERIDIAN HEALTH SERVICES IS A PROGRESSIVE HEALTHCARE ORGANIZATION SPECIALIZING IN "WHOLE PERSON" HEALTH, INTEGRATING PHYSICAL, MENTAL AND SOCIAL WELL-BEING. THE FOCUS ON A BROADER SPECTRUM OF HEALTH INCLUDING PRIMARY CARE, BEHAVIORAL HEALTH, AND HUMAN SERVICES OFFERS A WELL-ROUNDED APPROACH LEADING TO HEALTHIER, HAPPIER PATIENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BEHAVIORAL HEALTH INPATIENT AND MEDICAL SERVICES: MERIDIAN HEALTH SERVICES CORP. OPERATES A 16-BED INPATIENT UNIT AND PROVIDES PSYCHIATRIC, PRIMARY CARE, PEDIATRICS, AND OB/GYN MEDICAL SERVICES TO RESIDENTS OF THE COMMUNITIES THAT WE SERVE (PRIMARILY THOSE IN ALLEN, DELAWARE, FAYETTE, GRANT, HENRY, HOWARD, JAY, MADISON, MARION, RANDOLPH, RUSH, ST. JOSEPH, TIPPECANOE, AND WAYNE COUNTIES).
OUTPATIENT BEHAVIORAL HEALTH COUNSELING PROGRAMS FOR CHILDREN: MERIDIAN HEALTH SERVICES CORP. PROVIDES MENTAL HEALTH AND ADDICTIONS SERVICES TO RESIDENTS OF THE COMMUNITIES THAT WE SERVE (PRIMARILY THOSE IN ALLEN, DELAWARE, FAYETTE, GRANT, HENRY, HOWARD, JAY, MADISON, MARION, RANDOLPH, RUSH, ST. JOSEPH, AND WAYNE COUNTIES). SERVICES INCLUDE OUTPATIENT, FAMILY-CENTERED SERVICES, CHEMICAL DEPENDENCY, CASE MANAGEMENT, AND CONSULTATION AND EDUCATION.
OUTPATIENT BEHAVIORAL HEALTH COUNSELING PROGRAMS TO ADULTS: MERIDIAN HEALTH SERVICES CORP. PROVIDES MENTAL HEALTH AND ADDICTIONS SERVICES TO RESIDENTS OF THE COMMUNITIES THAT WE SERVE (PRIMARILY THOSE IN ALLEN, DELAWARE, FAYETTE, GRANT, HENRY, HOWARD, JAY, MADISON, MARION, RANDOLPH, RUSH, ST. JOSEPH, AND WAYNE COUNTIES). SERVICES INCLUDE OUTPATIENT, CHEMICAL DEPENDENCY, CASE MANAGEMENT, AND CONSULTATION AND EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Newhouse Board Chair | OfficerTrustee | 1 | $0 |
Wayne Shaffer Board Vice-Chair | OfficerTrustee | 1 | $0 |
Chris Bowles Board Secretary/treasurer | OfficerTrustee | 1 | $0 |
Terry Whitt Bailey Board Member | Trustee | 1 | $0 |
John Coldren Board Member | Trustee | 1 | $0 |
Trent Dowling Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dr Raid Daas Contracted Physician | 6/29/22 | $221,565 |
Havel Bros Contracted Maintenance | 6/29/22 | $239,503 |
Shield Screening Llc Contracted Services | 6/29/22 | $115,436 |
Dennis Wenger & Abrell Pc Legal Services | 6/29/22 | $204,243 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $95,411 |
| Related organizations | $0 |
| Government grants | $18,538,029 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,160,407 |
| Noncash contributions included in lines 1a–1f | $8,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,793,847 |
| Total Program Service Revenue | $88,548,345 |
| Investment income | $266,965 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$85,434 |
| Net Gain/Loss on Asset Sales | -$33,822 |
| Net Income from Fundraising Events | -$384,748 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $118,699,562 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,460,066 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,679,297 |
| Compensation of current officers, directors, key employees. | $1,679,297 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $52,469,766 |
| Pension plan accruals and contributions | $1,907,290 |
| Other employee benefits | $10,098,193 |
| Payroll taxes | $3,985,376 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $128,600 |
| Fees for services: Accounting | $246,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $103,586 |
| Fees for services: Other | $5,148,504 |
| Advertising and promotion | $257,161 |
| Office expenses | $1,723,766 |
| Information technology | $2,537,840 |
| Royalties | $0 |
| Occupancy | $3,380,764 |
| Travel | $869,702 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $495,698 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,755,864 |
| Insurance | $804,622 |
| All other expenses | $324,110 |
| Total functional expenses | $95,069,417 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,783 |
| Savings and temporary cash investments | $63,027,159 |
| Pledges and grants receivable | $5,205,146 |
| Accounts receivable, net | $2,858,455 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,370,090 |
| Net Land, buildings, and equipment | $22,256,657 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,304,612 |
| Total assets | $102,071,902 |
| Accounts payable and accrued expenses | $8,194,312 |
| Grants payable | $0 |
| Deferred revenue | $5,077,013 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $934,109 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,271,829 |
| Total liabilities | $16,477,263 |
| Net assets without donor restrictions | $85,594,639 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $102,071,902 |