Trigg County Hospital Inc
- Assets
- $24.0m
- Revenue
- $26.0m
- Investments
- $0.0
- Employees
- 283
- Location
- Cadiz, KY
- Founding
- 10/1954
- Data as of
- 04/2022
- EIN
- 61-0471581
Organization Overview
Trigg County Hospital Inc is located in Cadiz, KY. The organization was established in 1954. 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 04/2022, Trigg County Hospital Inc employed 283 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trigg County 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 04/2022, Trigg County Hospital Inc generated $26.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $21.7m during the year ending 04/2022. While expenses have increased by 3.9% 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
TO PROVIDE QUALITY HEALTHCARE SERVICES IN A CARING AND COST-EFFECTIVE MANNER. WE PLEDGE TO MEET STANDARDS OF EXCELLENCE AND IMPROVE THE VALUE OF OUR SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR MISSION IS TO PROVIDE QUALITY HEALTHCARE SERVICES IN A CARING AND COST-EFFECTIVE MANNER. IN ACHIEVING OUR MISSION, WE PLEDGE TO MEET STANDARDS OF EXCELLENCE WHILE CONTINUOUSLY IMPROVING THE VALUE OF OUR SERVICE. THE HOSPITAL PROVIDES INPATIENT, OUTPATIENT, AND EMERGENCY CARE SERVICES TO PATIENTS IN THE TRIGG COUNTY, KENTUCKY AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Sumner CEO | Officer | 40 | $202,492 |
Jeanine Evans Nurse Practitioner | 40 | $159,388 | |
Ashland T Price Pharmacist | 40 | $141,309 | |
Callie Wells Nurse Practitioner | 40 | $111,949 | |
Lillian Gierhart Nurse Practitioner | 40 | $105,922 | |
Don Michael CFO | Officer | 40 | $101,530 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Align Md Er Physician Services | 4/29/22 | $1,697,320 |
Ent Surgery Solutions Llc Physician Services | 4/29/22 | $126,754 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,981,161 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,620 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,004,781 |
| Total Program Service Revenue | $22,920,493 |
| Investment income | $12,652 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $37,952 |
| Net Gain/Loss on Asset Sales | $7,125 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $26,031,118 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,618 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $416,915 |
| Compensation of current officers, directors, key employees. | $416,915 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,299,035 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $582,551 |
| Payroll taxes | $567,121 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,905 |
| 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 | $6,248,639 |
| Advertising and promotion | $25,837 |
| Office expenses | $561,470 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $365,945 |
| Travel | $7,781 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $284,177 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,217,207 |
| Insurance | $321,973 |
| All other expenses | $71,340 |
| Total functional expenses | $21,731,919 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,345,972 |
| Savings and temporary cash investments | $508,971 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,945,033 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $360,558 |
| Prepaid expenses and deferred charges | $113,840 |
| Net Land, buildings, and equipment | $7,958,649 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,804,851 |
| Total assets | $24,037,874 |
| Accounts payable and accrued expenses | $2,811,242 |
| Grants payable | $0 |
| Deferred revenue | $1,092,558 |
| 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 | $7,866,219 |
| Unsecured mortgages and notes payable | $156,676 |
| Other liabilities | $2,032,780 |
| Total liabilities | $13,959,475 |
| Net assets without donor restrictions | $9,853,486 |
| Net assets with donor restrictions | $224,913 |
| 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 | $24,037,874 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Trigg County Hospital Inc has recieved totaling $9,510.
| Awarding Organization | Amount |
|---|---|
Ky Hospital Research & Education Foundation Inc Louisville, KY PURPOSE: SMALL HOSPITAL IMPROVEMENT PROJECT GRANT. | $9,510 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hospital Development Co Spencer, WV | $52,869,915 | $52,048,469 |
St Francis Hospital Sisters Of The Third Order Of St Francis Litchfield, IL | $115,024,581 | $58,904,775 |
Norton Community Hospital Inc Johnson City, TN | $0 | $44,059,462 |
Carilion Franklin Memorial Hospital Roanoke, VA | $34,418,043 | $53,453,560 |
Harrisburg Medical Center Inc Harrisburg, IL | $43,345,882 | $39,197,825 |
Owensboro Health Twin Lakes Regional Medical Center Inc Owensboro, KY | $55,501,629 | $56,278,932 |
Pekin Memorial Hospital Pekin, IL | $70,050,108 | $60,677,158 |
Carilion Rockbridge Community Hospital Roanoke, VA | $70,108,246 | $53,030,764 |
Ascension Borgess Allegan Hospital St Louis, MO | $32,866,970 | $39,637,859 |
Grant Memorial Hospital Petersburg, WV | $30,150,493 | $46,826,382 |
Northwest Memorial Healthcare Chicago, IL | $87,933,488 | $39,660,179 |
Siskin Hospital For Physical Rehabilitation Chattanooga, TN | $126,934,150 | $48,552,060 |