James B Haggin Memorial Hospital Inc
- Assets
- $14.5m
- Revenue
- $33.7m
- Investments
- $0.0
- Employees
- 154
- Location
- Harrodsburg, KY
- Founding
- 12/1941
- Data as of
- 09/2021
- EIN
- 61-0510934
Organization Overview
James B Haggin Memorial Hospital Inc is located in Harrodsburg, KY. The organization was established in 1941. 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 09/2023, James B Haggin Memorial Hospital Inc employed 154 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. James B Haggin Memorial 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 09/2021, James B Haggin Memorial Hospital Inc generated $33.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $31.3m during the year ending 09/2021. While expenses have increased by 2.3% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ACUTE HOSPITAL CARE TO INDIVIDUALS RESIDING WITHIN A PRIMARY SERVICE AREA OF MERCER AND SURROUNDING COUNTIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EPHRAIM MCDOWELL JAMES B. HAGGIN HOSPITAL (EMJBHH), LOCATED IN HARRODSBURG, KENTUCKY, IS A 25-BED CRITICAL ACCESS HOSPITAL. THE HOSPITAL OFFERS A FULL ARRAY OF HEALTH CARE SERVICES RANGING FROM SURGERY TO DIAGNOSTIC IMAGING. THE HOSPITAL'S EMERGENCY DEPARTMENT IS ALSO RECOGNIZED AS A LEVEL IV TRAUMA CENTER AND THE HOSPITAL NOW HAS PEDIATRIC READY DESIGNATION AND ACUTE STROKE READY DESIGNATION. THE FACILITY IS JOINT COMMISSION ACCREDITED. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President & CEO | OfficerTrustee | 2.5 | $0 |
Name Not Listed Vice-Chair | OfficerTrustee | 7.5 | $1,650 |
Name Not Listed Chair | OfficerTrustee | 7.5 | $5,100 |
Name Not Listed Secretary-Treasurer | OfficerTrustee | 7.5 | $2,400 |
Name Not Listed Hospital Administrator | OfficerTrustee | 20 | $135,850 |
Name Not Listed Board Member | Trustee | 4.5 | $750 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Qualivis Temp Agency | 9/29/22 | $659,773 |
Messer Construction Construction | 9/29/22 | $173,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,480,790 |
| Investment income | $2,426 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,630 |
| 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 | $33,744,680 |
| Statement of Expenses | |
|---|---|
| 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. | $296,979 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,638,677 |
| Pension plan accruals and contributions | $503,113 |
| Other employee benefits | $360,281 |
| Payroll taxes | $818,274 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $85 |
| Fees for services: Accounting | $43,760 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,621,387 |
| Advertising and promotion | $17,930 |
| Office expenses | $1,091,378 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $778,595 |
| Travel | $20,805 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $46,031 |
| Interest | $156,542 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,279,781 |
| Insurance | $177,273 |
| All other expenses | $0 |
| Total functional expenses | $31,290,285 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $327,392 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,199,103 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,025,170 |
| Prepaid expenses and deferred charges | $111,977 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,539,377 |
| Accounts payable and accrued expenses | $2,604,408 |
| 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 | $3,384,481 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $13,712,926 |
| Total liabilities | $19,701,815 |
| Net assets without donor restrictions | -$5,162,438 |
| 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 |
| Total liabilities and net assets/fund balances | -$5,162,438 |