Mcpherson Hospital Inc is located in McPherson, KS. The organization was established in 1975. 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 06/2023, Mcpherson Hospital Inc employed 492 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mcpherson 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 06/2023, Mcpherson Hospital Inc generated $42.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $45.5m during the year ending 06/2023. While expenses have increased by 5.9% 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
PROVISION OF ACUTE HOSPITAL CARE TO PATIENTS REGARDLESS OF ABILITY TO PAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVISION OF INPATIENT AND OUTPATIENT HOSPITAL SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paul Taliaferro Chairperson | OfficerTrustee | 2 | $0 |
Carl Turner DO Physician/trustee | Trustee | 40 | $332,751 |
Bill Glazner Secretary | OfficerTrustee | 2 | $0 |
Chet Lang Vice Chair | OfficerTrustee | 2 | $0 |
Abbey Archer-Rierson Trustee | Trustee | 2 | $0 |
Chet Buchman Trustee | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Ems Kansas Llc Physician Coverage | 6/29/23 | $1,229,501 |
Caring For Kansas Contract Labor | 6/29/23 | $4,061,044 |
Rehabvisions Therapy Services | 6/29/23 | $1,155,725 |
Wray Roofing Inc Construction | 6/29/23 | $906,824 |
Qualivis Llc Nursing Contract Labor | 6/29/23 | $749,824 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $422,192 |
Government grants | $3,670,530 |
All other contributions, gifts, grants, and similar amounts not included above | $516,696 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,609,418 |
Total Program Service Revenue | $37,577,680 |
Investment income | $36,643 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $76,453 |
Net Gain/Loss on Asset Sales | $18,932 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $42,670,082 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $26,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,229,482 |
Compensation of current officers, directors, key employees. | $503,653 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $19,188,790 |
Pension plan accruals and contributions | $388,865 |
Other employee benefits | $1,823,919 |
Payroll taxes | $1,461,081 |
Fees for services: Management | $0 |
Fees for services: Legal | $64,448 |
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 | $9,620,388 |
Advertising and promotion | $25,991 |
Office expenses | $252,355 |
Information technology | $39,035 |
Royalties | $0 |
Occupancy | $537,915 |
Travel | $7,471 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $11,830 |
Interest | $304,428 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,983,081 |
Insurance | $468,017 |
All other expenses | $1,322,832 |
Total functional expenses | $45,464,362 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $264,230 |
Savings and temporary cash investments | $1,007,978 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $5,887,895 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $611,820 |
Prepaid expenses and deferred charges | $430,464 |
Net Land, buildings, and equipment | $13,945,000 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,352,182 |
Total assets | $25,499,569 |
Accounts payable and accrued expenses | $4,332,651 |
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 | $6,785,623 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $575,000 |
Total liabilities | $11,693,274 |
Net assets without donor restrictions | $11,257,126 |
Net assets with donor restrictions | $2,549,169 |
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 | $25,499,569 |