Freeman Regional Health Services
- Assets
- $20.5m
- Revenue
- $18.4m
- Investments
- $0.0
- Employees
- 205
- Location
- Freeman, SD
- Founding
- 02/1966
- Data as of
- 12/2021
- EIN
- 46-0232450
Organization Overview
Freeman Regional Health Services is located in Freeman, SD. The organization was established in 1966. 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 12/2022, Freeman Regional Health Services employed 205 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freeman Regional Health Services 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, Freeman Regional Health Services generated $18.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $14.1m during the year ending 12/2021. While expenses have increased by 4.8% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ACCESSIBLE, COMMUNITY BASED QUALITY CARE THAT IS COMPETENT, CREATIVE AND COMPASSIONATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRHS IS COMPRISED OF A 45 LICENSED BED NURSING HOME AND A 25 BED CRITICAL ACCESS HOSPITAL WITH A 24/7 EMERGENCY ROOM. THE EMERGENCY ROOM HAS LOCAL PROVIDERS ON CALL AND TELEMEDICINE CAPABILITIES WITH A REGIONAL TRAUMA CENTER. HOSPITAL ACUTE PATIENT DAYS = 419, SWING BED DAYS = 560, NURSING HOME RESIDENT DAYS = 14,497.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Courtney Unruh CEO | Officer | 40 | $144,498 |
Phillip Husher CFO | Officer | 40 | $125,708 |
Anthony Miller Therapy Manager | 40 | $128,721 | |
Lori Uecker President | OfficerTrustee | 2 | $0 |
Steve Fuhrmann Vice President | OfficerTrustee | 2 | $0 |
Cynthia Mutchelknaus Secretary | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Avera Mckennan Hospital Physician Services | 12/30/22 | $1,872,277 |
Avera Sacred Heart Hospital It Support | 12/30/22 | $355,047 |
Avera Therapy Mitchell Ot And St Therapies | 12/30/22 | $128,438 |
Hologic Inc Radiology Services | 12/30/22 | $289,701 |
Us Food Service Food Services | 12/30/22 | $134,862 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $8,778 |
| Related organizations | $0 |
| Government grants | $4,107,497 |
| All other contributions, gifts, grants, and similar amounts not included above | $28,400 |
| Noncash contributions included in lines 1a–1f | $9,408 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,144,675 |
| Total Program Service Revenue | $13,995,520 |
| Investment income | $133,335 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $127,662 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $8,968 |
| Net Income from Gaming Activities | $31,130 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,441,290 |
| 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. | $314,876 |
| Compensation of current officers, directors, key employees. | $314,876 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,479,525 |
| Pension plan accruals and contributions | $146,877 |
| Other employee benefits | $666,493 |
| Payroll taxes | $423,731 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,178 |
| Fees for services: Accounting | $60,692 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,081,086 |
| Advertising and promotion | $42,396 |
| Office expenses | $912,175 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $171,394 |
| Travel | $18,430 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,147 |
| Interest | $17,383 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $366,214 |
| Insurance | $70,849 |
| All other expenses | $215,000 |
| Total functional expenses | $14,070,608 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,114,684 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,164,627 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $37,500 |
| Inventories for sale or use | $166,272 |
| Prepaid expenses and deferred charges | $75,115 |
| Net Land, buildings, and equipment | $5,505,875 |
| Investments—publicly traded securities | $5,598,833 |
| Investments—other securities | $0 |
| Investments—program-related | $6,662 |
| Intangible assets | $0 |
| Other assets | $785,793 |
| Total assets | $20,455,361 |
| Accounts payable and accrued expenses | $1,132,120 |
| Grants payable | $0 |
| Deferred revenue | $367,660 |
| Tax-exempt bond liabilities | $251,672 |
| Escrow or custodial account liability | $3,331 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $404,581 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $411,250 |
| Total liabilities | $2,570,614 |
| Net assets without donor restrictions | $17,884,747 |
| 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 | $20,455,361 |