Midtown Health Center Inc
- Assets
- $15.2m
- Revenue
- $13.3m
- Investments
- $0.0
- Employees
- 118
- Location
- Norfolk, NE
- Founding
- 08/2001
- Data as of
- 09/2023
- EIN
- 47-0833378
Organization Overview
Midtown Health Center Inc is located in Norfolk, NE. The organization was established in 2001. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2023, Midtown Health Center Inc employed 118 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midtown Health Center 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 09/2023, Midtown Health Center Inc generated $13.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $10.3m during the year ending 09/2023. While expenses have increased by 10.6% 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
PROVIDE HIGH QUALITY MEDICAL, BEHAVIORAL HEALTH, AND DENTAL SERVICES THAT ARE AFFORDABLE, ACCESSIBLE, AND PATIENT-FOCUSED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MIDTOWN HEALTH CENTER IS A NON-PROFIT 501(C)(3) FEDERALLY QUALIFIED HEALTH CENTER (FQHC). MIDTOWN OFFERS MEDICAL, DENTAL, AND BEHAVIORAL HEALTH TO INSURED, UNINSURED, AND UNDER-INSURED INDIVIDUALS. THE NUMBER OF INDIVIDUALS MIDTOWN SERVES CONTINUES TO GROW. IN 2022, WE SAW 8,176 INDIVIDUALS REPRESENTING A 4% INCREASE FROM 2021 FOR A TOTAL OF 29,017 ENCOUNTERS. 24% PERCENT OF OUR PATIENTS DID NOT HAVE INSURANCE, 42.7% WERE ENROLLED IN EITHER MEDICAID OR MEDICARE AS THEIR THIRD PARTY PAYOR, 33.1% OF THE PATIENTS HAD INCOME BELOW THE 100% POVERTY GUIDELINE WITH A FULL 58.4% OF OUR PATIENTS DECLARING THEMSELVES AND THEIR HOUSEHOLD TO BE AT OR BELOW 200% OF POVERTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Betty Froehlich Past Chair | Trustee | 2 | $0 |
Susan Lutz Chair | OfficerTrustee | 2 | $0 |
Jarecsy Medina Board Member | Trustee | 2 | $0 |
Lance Morrow Treasurer | OfficerTrustee | 2 | $0 |
Gretchen Forsell Board Member | Trustee | 2 | $0 |
Dan Fullner Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,085,072 |
| All other contributions, gifts, grants, and similar amounts not included above | $550,034 |
| Noncash contributions included in lines 1a–1f | $4,277 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,635,106 |
| Total Program Service Revenue | $7,500,937 |
| Investment income | $188,669 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $16,615 |
| 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 | $13,341,327 |
| 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. | $497,368 |
| Compensation of current officers, directors, key employees. | $497,368 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,889,100 |
| Pension plan accruals and contributions | $358,888 |
| Other employee benefits | $542,898 |
| Payroll taxes | $360,843 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $259 |
| Fees for services: Accounting | $28,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $947,713 |
| Advertising and promotion | $108,154 |
| Office expenses | $387,563 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $139,803 |
| Travel | $23,420 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $48,271 |
| Interest | $42,253 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $259,260 |
| Insurance | $47,440 |
| All other expenses | $52,572 |
| Total functional expenses | $10,335,644 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $238,268 |
| Savings and temporary cash investments | $7,998,849 |
| Pledges and grants receivable | $464,042 |
| Accounts receivable, net | $439,218 |
| 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 | $150,895 |
| Net Land, buildings, and equipment | $5,659,799 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $784 |
| Other assets | $220,354 |
| Total assets | $15,172,209 |
| Accounts payable and accrued expenses | $1,458,983 |
| Grants payable | $0 |
| Deferred revenue | $14,533 |
| 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 | $842,794 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $221,614 |
| Total liabilities | $2,537,924 |
| Net assets without donor restrictions | $12,634,285 |
| 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 | $15,172,209 |