Lemmon Area Medical Association
- Assets
- $3.9m
- Revenue
- $3.8m
- Investments
- $247.2k
- Employees
- 69
- Location
- Lemmon, SD
- Founding
- 05/1993
- Data as of
- 09/2023
- EIN
- 46-0401085
Organization Overview
Lemmon Area Medical Association, operating under the name Five Counties Nursing Home, is located in Lemmon, SD. The organization was established in 1993. 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 09/2023, Five Counties Nursing Home employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Five Counties Nursing Home 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 09/2023, Five Counties Nursing Home generated $3.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $3.8m during the year ending 09/2023. While expenses have increased by 2.2% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HEALTH CARE TO THE RESIDENTS OF LEMMON, SOUTH DAKOTA
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEMMON AREA MEDICAL ASSOCIATION (THE ASSOCIATION) IS A NONPROFIT ASSOCIATION WHOSE PURPOSE IS TO OPERATE FIVE COUNTIES NURSING HOME AND TO RAISE THE FUNDS NECESSARY FOR ITS OPERATION. FIVE COUNTIES NURSING HOME CONSISTS OF A 40-BED NURSING HOME. FOR THE YEAR ENDED SEPTEMBER 30, 2023, THE ASSOCIATION PROVIDED 13,421 NURSING HOME DAYS OF CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Travis Maier President | OfficerTrustee | 1 | $0 |
Lyndsey Wheeler Vice President | OfficerTrustee | 1 | $0 |
Kori Dauwen Secretary/treasurer | OfficerTrustee | 1 | $0 |
Mark Evans Board Member | Trustee | 1 | $0 |
Kory Odenbach Board Member | Trustee | 1 | $0 |
Susan Gunn Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aureus Nursing Llc Contract Staffing | 9/29/23 | $224,965 |
Dtn Staffing Contract Staffing | 9/29/23 | $159,605 |
Ha Thompson & Sons Building Repairs | 9/29/23 | $130,230 |
Fusion Medical Staffing Contract Staffing | 9/29/23 | $128,066 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $46,165 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,165 |
| Total Program Service Revenue | $3,718,076 |
| Investment income | $36,949 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $42,300 |
| 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 | $3,843,490 |
| 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. | $78,922 |
| Compensation of current officers, directors, key employees. | $78,922 |
| Compensation to disqualified persons | $1,498,218 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $192,285 |
| Payroll taxes | $114,158 |
| Fees for services: Management | $983 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,841 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,120,832 |
| Advertising and promotion | $0 |
| Office expenses | $42,696 |
| Information technology | $55,453 |
| Royalties | $0 |
| Occupancy | $148,859 |
| Travel | $7,464 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $66,013 |
| Insurance | $76,404 |
| All other expenses | $0 |
| Total functional expenses | $3,802,493 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,912 |
| Savings and temporary cash investments | $1,874,612 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $606,935 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $33,801 |
| Prepaid expenses and deferred charges | $11,747 |
| Net Land, buildings, and equipment | $1,053,243 |
| Investments—publicly traded securities | $49,314 |
| Investments—other securities | $247,217 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,938,781 |
| Accounts payable and accrued expenses | $217,275 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $2,716 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $123,270 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $343,261 |
| Net assets without donor restrictions | $3,309,035 |
| Net assets with donor restrictions | $286,485 |
| 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 | $3,938,781 |