Little River Medical Center Inc
- Assets
- $31.5m
- Revenue
- $44.4m
- Investments
- $0.0
- Employees
- 478
- Location
- Little River, SC
- Founding
- 10/1980
- Data as of
- 05/2022
- EIN
- 57-0672117
Organization Overview
Little River Medical Center Inc is located in Little River, SC. The organization was established in 1980. 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 05/2022, Little River Medical Center Inc employed 478 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Little River Medical 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 05/2022, Little River Medical Center Inc generated $44.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $39.2m during the year ending 05/2022. While expenses have increased by 10.0% 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
THE ORGANIZATION PROVIDES HEALTH CARE TO INDIVIDUALS REGARDLESS OF THEIR ABILITY TO PAY. THIS IS A DIRECT FULFILLMENT OF THEIR TAX EXEMPT PURPOSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES HEALTH CARE REGARDLESS OF INDIVIDUALS ABILITY TO PAY. THESE MEDICAL SERVICES ARE PROVIDED IN AREAS THAT HAVE A SHORTAGE OF HEALTH CARE PROVIDERS. THIS IS A DIRECT FULFILLMENT OF THEIR TAX EXEMPT PURPOSE. OVER 137,600 VISITS WERE PROVIDED DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pam Davis Chief Executive Officer | Officer | 40 | $272,291 |
Christine Mcginley Chief Medical Officer | Officer | 40 | $242,493 |
Luis Insignares Physician | 40 | $208,276 | |
Mark Janosky Chief Dental Officer | Officer | 40 | $201,924 |
Raymond Reiser Physician | 40 | $193,293 | |
Bernice Lim Physician | 40 | $183,399 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Musc Center For Telehealth Medical Billing/coding Services | 5/30/22 | $126,000 |
Eclinicalworks Llc Contract Billing Services | 5/30/22 | $502,470 |
Chronic Care Staffing Chronic Care Management Services | 5/30/22 | $220,864 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,586,617 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,831,322 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,417,939 |
| Total Program Service Revenue | $26,970,968 |
| Investment income | $9,436 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,883 |
| 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 | $44,441,557 |
| 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. | $1,163,402 |
| Compensation of current officers, directors, key employees. | $108,773 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,977,638 |
| Pension plan accruals and contributions | $352,212 |
| Other employee benefits | $2,272,278 |
| Payroll taxes | $1,297,087 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20,236 |
| Fees for services: Accounting | $52,502 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,470,234 |
| Advertising and promotion | $0 |
| Office expenses | $1,525,457 |
| Information technology | $200,350 |
| Royalties | $0 |
| Occupancy | $965,692 |
| Travel | $304,072 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $49,837 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $964,792 |
| Insurance | $481,645 |
| All other expenses | $0 |
| Total functional expenses | $39,219,452 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,078,347 |
| Savings and temporary cash investments | $8,330,465 |
| Pledges and grants receivable | $2,686,194 |
| Accounts receivable, net | $1,929,024 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $678,342 |
| Prepaid expenses and deferred charges | $360,498 |
| Net Land, buildings, and equipment | $16,321,847 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $114,747 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $31,499,464 |
| Accounts payable and accrued expenses | $1,826,634 |
| Grants payable | $0 |
| Deferred revenue | $20,000 |
| 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 | $7,501,205 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,347,839 |
| Net assets without donor restrictions | $21,804,381 |
| Net assets with donor restrictions | $347,244 |
| 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 | $31,499,464 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Little River Medical Center Inc has recieved totaling $366,869.
| Awarding Organization | Amount |
|---|---|
Childrens Trust Fund Of South Carolina Columbia, SC PURPOSE: MATERNAL, INFANT, EARLY CHILDHOOD HOME VISITING | $211,618 |
Childrens Trust Fund Of South Carolina Columbia, SC PURPOSE: STRENGTHENING FAMILIES PROGRAM | $92,216 |
Delta Dental Of Missouri St Louis, MO PURPOSE: General Support | $63,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $35 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Columbus Regional Healthcare System Whiteville, NC | $197,969,739 | $134,524,668 |
Harnett Health System Inc Dunn, NC | $119,557,525 | $137,837,447 |
Lexington Medical Center Lexington, NC | $126,269,827 | $125,126,706 |
Crisp Regional Hospital Inc Cordele, GA | $164,464,771 | $118,380,453 |
Upson County Hospital Inc Thomaston, GA | $251,563,523 | $131,936,777 |
Novant Health Thomasville Medical Center Llc Winston Salem, NC | $97,078,773 | $115,006,947 |
Meadows Regional Medical Center Inc Vidalia, GA | $156,126,750 | $94,571,212 |
Union County Hospital Authority Blairsville, GA | $160,833,758 | $123,519,660 |
Wellstar Atlanta Medical Center Inc Marietta, GA | $0 | $67,312,967 |
Roper St Francis Mount Pleasant Hospital Ladson, SC | $153,353,637 | $99,781,378 |
Randolph Hospital Inc Asheboro, NC | $0 | $81,442,252 |
Medical Park Hospital Llc Winston Salem, NC | $421,344,895 | $99,381,324 |