Mcgehee Hospital Incorporated
- Assets
- $18.1m
- Revenue
- $16.2m
- Investments
- $0.0
- Employees
- 158
- Location
- Mcgehee, AR
- Founding
- 05/2010
- Data as of
- 06/2021
- EIN
- 36-4664248
Organization Overview
Mcgehee Hospital Incorporated is located in Mcgehee, AR. The organization was established in 2010. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2021, Mcgehee Hospital Incorporated employed 158 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mcgehee Hospital Incorporated 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 06/2021, Mcgehee Hospital Incorporated generated $16.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $14.5m during the year ending 06/2021. While expenses have increased by 2.6% per year over the past 6 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
TO PROVIDE THE HIGHEST QUALITY HEALTH SERVICES AND EDUCATIONAL PROGRAMS IN A COMPETENT, EFFECTIVE, EFFICIENT MANNER TO THE CITIZENS OF MCGEHEE, DERMOTT, DESHA COUNTY, NORTHERN CHICOT COUNTY AND SURROUNDING COMMUNIITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HOSPITAL PROVIDES THE HIGHEST QUALITY HEALTH SERVICES AND EDUCATIONAL PROGRAMS IN A COMPETENT, EFFECTIVE, EFFICIENT MANNER TO THE CITIZENS OF MCGEHEE, DERMOTT, DESHA COUNTY, NORTHERN CHICOT COUNTY AND SURROUNDING COMMUNIITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James A Renfroe Physician | 40 | $290,717 | |
Jamie Evans Physician | 40 | $220,337 | |
James Young Physician | 40 | $219,320 | |
Terry Amstutz CEO | Officer | 40 | $147,872 |
Ronnie Norris Pharmacist | 40 | $127,746 | |
Andrew Wargo III Chairman | OfficerTrustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Steve Asemota Md Physician | 6/29/16 | $408,500 |
Wound Care Specialists Wound Care | 6/29/16 | $119,675 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $117,131 |
| Government grants | $1,904,429 |
| All other contributions, gifts, grants, and similar amounts not included above | $402,013 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,423,573 |
| Total Program Service Revenue | $12,314,918 |
| Investment income | $30,163 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,850 |
| Net Gain/Loss on Asset Sales | $1,370 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,226,732 |
| 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. | $147,872 |
| Compensation of current officers, directors, key employees. | $147,872 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,078,266 |
| Pension plan accruals and contributions | $19,079 |
| Other employee benefits | $470,384 |
| Payroll taxes | $447,536 |
| Fees for services: Management | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $295,837 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,207,147 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $14,470,622 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,040,359 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,389,426 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $382,246 |
| Prepaid expenses and deferred charges | $171,907 |
| Net Land, buildings, and equipment | $10,019,571 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,091,676 |
| Total assets | $18,095,185 |
| Accounts payable and accrued expenses | $1,123,034 |
| Grants payable | $0 |
| Deferred revenue | $1,601,751 |
| 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 | $9,566,035 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $12,290,820 |
| Net assets without donor restrictions | $4,765,728 |
| Net assets with donor restrictions | $1,038,637 |
| 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 | $18,095,185 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mcgehee Hospital Incorporated has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
Arkansas Community Foundation Inc Little Rock, AR PURPOSE: GENERAL OPERATING SUPPORT | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Utmb Healthcare Systems Inc Galveston, TX | $28,068,247 | $51,722,720 |
Acadia General Hospital Inc Crowley, LA | $28,138,609 | $49,974,389 |
Drew Memorial Hospital Inc Monticello, AR | $65,272,333 | $54,246,606 |
Gainesville Community Hospital Inc Gainesville, TX | $14,528,916 | $44,869,331 |
Ascension River District Hospital St Louis, MO | $14,126,181 | $36,847,303 |
Monroe Health Services Inc Tupelo, MS | $25,250,042 | $45,516,589 |
Mercy Hospital Lincoln Troy, MO | $8,498,230 | $49,593,146 |
Saint Lukes Hospital Of Trenton Trenton, MO | $38,756,307 | $41,833,372 |
Methodist Hospital Houston, TX | $787,418,413 | $99,503,615 |
Laird Hospital Inc Union, MS | $76,510,652 | $38,978,099 |
Claiborne Medical Center Knoxville, TN | $16,448,383 | $38,347,834 |
United Regional Physician Group Wichita Falls, TX | $5,978,932 | $19,766,875 |