Community Memorial Hospital Inc
- Assets
- $13.7m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 159
- Location
- Burwell, NE
- Founding
- 04/1963
- Data as of
- 06/2022
- EIN
- 47-0438821
Organization Overview
Community Memorial Hospital Inc is located in Burwell, NE. The organization was established in 1963. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 06/2022, Community Memorial Hospital Inc employed 159 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Memorial 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 06/2022, Community Memorial Hospital Inc generated $4.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $6.2m during the year ending 06/2022. While expenses have increased by 7.1% 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
NURSING HOME AND ASSISTED LIVING CARE FOR THE ELDERLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NURSING HOME AND ASSISTED LIVING RESIDENT CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Garner Chairman | OfficerTrustee | 0 | $0 |
Brenda Holmquist Secretary | OfficerTrustee | 0 | $0 |
Colby Wurst Treasurer | OfficerTrustee | 0 | $0 |
Suzanne Kraus Board Member | Trustee | 0 | $0 |
Cindy Markvicka Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $125,067 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $125,067 |
| Total Program Service Revenue | $5,900,172 |
| Investment income | $2,206 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,471,758 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,555,687 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,990 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,476,781 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $457,264 |
| Payroll taxes | $265,766 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $35,498 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $95,524 |
| Advertising and promotion | $4,810 |
| Office expenses | $13,100 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,852 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $387,073 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $550,851 |
| Insurance | $76,109 |
| All other expenses | $44,543 |
| Total functional expenses | $6,199,485 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,939,779 |
| Savings and temporary cash investments | $30,675 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $414,315 |
| 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 | $0 |
| Net Land, buildings, and equipment | $11,232,340 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $131,945 |
| Total assets | $13,749,054 |
| Accounts payable and accrued expenses | $620,074 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $11,105,229 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,725,303 |
| Net assets without donor restrictions | $2,023,751 |
| 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 | $13,749,054 |
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