Anson Regional Medical Services Inc
- Assets
- $2.4m
- Revenue
- $1.5m
- Investments
- $7.9k
- Employees
- 15
- Location
- Wadesboro, NC
- Founding
- 02/1993
- Data as of
- 05/2022
- EIN
- 56-1768044
Organization Overview
Anson Regional Medical Services Inc is located in Wadesboro, NC. The organization was established in 1993. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. As of 05/2022, Anson Regional Medical Services Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anson Regional Medical Services 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 05/2022, Anson Regional Medical Services Inc generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $1.7m during the year ending 05/2022. 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
PROVIDE TOTAL QUALITY AND ACCESSIBLE COMMUNITY ORIENTED HEALTH CARE
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANSON REGIONAL MEDICAL SERVICES, INC. (ARMS) IS A 501 C(3), NORTH CAROLINA CORPORATION ESTABLISHED IN 1992. THE PRIMARY MISSION IS TO PROVIDE TOTAL QUALITY AND ACCESSIBLE COMMUNITY ORIENTED HEALTH CARE IN A FINANCIALLY SUSTAINABLE MANNER; DELIVERED IN A COMPASSIONATE, PERSON-FRIENDLY, CULTURALLY SENSITIVE ENVIRONMENT AND WHEN NECESSARY IN COLLABORATION WITH RELATED COMMUNITY AGENCIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bernard Sturdivant Treasurer | Officer | 1 | $0 |
Julia Bodden Secretary | Officer | 1 | $0 |
Maxwell Huntley Vice President | Officer | 1 | $0 |
Gwendolyn Reed CEO Ex Officio | Officer | 40 | $0 |
Hazel Seibles President | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,339,448 |
| 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 | $1,339,448 |
| Total Program Service Revenue | $149,451 |
| Investment income | $15 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $1,495,814 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $664,915 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $87,603 |
| Payroll taxes | $48,007 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,425 |
| Fees for services: Accounting | $28,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $104,162 |
| Advertising and promotion | $0 |
| Office expenses | $5,103 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $137,563 |
| Travel | $0 |
| 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 | $146,102 |
| Insurance | $0 |
| All other expenses | $61,180 |
| Total functional expenses | $1,715,452 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,196,036 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,098 |
| 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 | $11,763 |
| Net Land, buildings, and equipment | $1,167,597 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $7,946 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,392,440 |
| Accounts payable and accrued expenses | $65,225 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $65,225 |
| Net assets without donor restrictions | $2,327,215 |
| 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 | $2,392,440 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Anson Regional Medical Services Inc has recieved totaling $200,000.
| Awarding Organization | Amount |
|---|---|
Direct Relief Santa Barbara, CA PURPOSE: COVID19-US | $50,000 |
Direct Relief Santa Barbara, CA PURPOSE: COVID19-US | $50,000 |
Direct Relief Santa Barbara, CA PURPOSE: COVID19-US | $50,000 |
Direct Relief Santa Barbara, CA PURPOSE: COVID19-US | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rural Health Services Inc Aiken, SC | $14,192,157 | $20,978,993 |
St Charles Health Council Inc Jonesville, VA | $30,755,824 | $22,559,533 |
Columbus Regional Health Network Whiteville, NC | $1,057,901 | $11,595,687 |
Bmg Family Physicians Group Foundation Inc Memphis, TN | $2,662,368 | $14,210,561 |
St Lukes Free Medical Clinic Of Spartanburg Inc Spartanburg, SC | $3,163,045 | $16,320,190 |
Caromont Health Services Inc Gastonia, NC | $12,627,199 | $16,561,125 |
Regenesis Organization Community Health Center Spartanburg, SC | $11,970,573 | $18,768,365 |
Hot Springs Health Program Inc Marshall, NC | $9,194,764 | $14,567,955 |
Polk Medical Center Inc Rome, GA | $97,824,042 | $21,458,525 |
Rural Medical Services Inc Newport, TN | $13,091,989 | $16,255,098 |
Southwell Ambulatory Inc Tifton, GA | $10,091,453 | $6,413,584 |
High Country Community Health Boone, NC | $13,588,680 | $16,447,136 |