Memphis Medical Center Air Ambulance Service Inc
- Assets
- $52.2m
- Revenue
- $31.8m
- Investments
- $0.0
- Employees
- 115
- Location
- Memphis, TN
- Founding
- 06/1987
- Data as of
- 12/2021
- EIN
- 62-1280261
Organization Overview
Memphis Medical Center Air Ambulance Service Inc is located in Memphis, TN. The organization was established in 1987. According to its NTEE Classification (E62) the organization is classified as: Emergency Medical Services & Transport, under the broad grouping of Health Care and related organizations. As of 12/2021, Memphis Medical Center Air Ambulance Service Inc employed 115 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Memphis Medical Center Air Ambulance Service 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 12/2021, Memphis Medical Center Air Ambulance Service Inc generated $31.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $13.5m during the year ending 12/2021. 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
PROVISION OF AIR AMBULANCE SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMPHIS MEDICAL CENTER AIR AMBULANCE SERVICES, INC., THE "WING", IS A NON-PROFIT AIR MEDICAL TRANSPORT WHICH PROVIDES INTER-HOSPITAL TRANSFERS AS WELL AS EMERGENCY SCENE CALLS WITHIN 150 MILE RADIUS OF MEMPHIS. THIS AREA INCLUDES WEST TENNESSEE, ARKANSAS, MISSISSIPPI, MISSOURI, ALABAMA, AND KENTUCKY.HOSPITAL WING OWNS 8 HELICOPTERS EQUIPPED TO TRANSPORT CRITICALLY ILL AND INJURED PATIENTS. THREE HELICOPTERS ARE STAFFED 24 HOURS A DAY, SEVEN DAYS A WEEK AND ONE HELICOPTER IS AVAILABLE FOR PEDIFLITE.PLEASE SEE SCHEDULE O FOR A CONTINUATION OF THE PROGRAM SERVICE ACCOMPLISHMENTS.IN 2021, THE WING TRANSPORTED AN AVERAGE OF 168 PATIENTS PER MONTH. SCENE FLIGHTS ACCOUNT FOR APPROXIMATELY 37% OF THESE TRANSPORTS. DURING 2021, THE WING TRANSPORTED 2,011 PATIENTS.IN CONJUNCTION WITH THEIR MISSION AND CHARITABLE EFFORTS, THE WING ANNUALLY PROVIDES CHARITY CARE TO PATIENTS WHO HAVE DEMONSTRATED AN INABILITY TO PAY. IN 2021, THE HOSPITAL WING'S PROVISION FOR BAD DEBT WAS $10 MILLION WITH A SIGNIFICANT PORTION ATTRIBUTABLE TO CHARITY CARE AT APPROXIMATELY $9 MILLION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Butora CEO | Officer | 40 | $137,786 |
Kevin Smith Pilot | 40 | $118,148 | |
Erik Bratton Pilot | 40 | $113,392 | |
Zach Chandler President/chair | OfficerTrustee | 2 | $0 |
Dr Rudy Kink Vp/vice Chair | OfficerTrustee | 2 | $0 |
Allison Vance Secretary/treasurer | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Golden Hour Data Systems Inc Billing And Collections | 12/30/21 | $386,747 |
Methodist Healthcare-memphis Hospitals Pediatric Flights | 12/30/21 | $298,903 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $13,149,840 |
| Investment income | $2,019 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $18,648,132 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $31,799,991 |
| 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. | $137,786 |
| Compensation of current officers, directors, key employees. | $137,786 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,700,976 |
| Pension plan accruals and contributions | $257,806 |
| Other employee benefits | $456,177 |
| Payroll taxes | $471,140 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,858 |
| Fees for services: Accounting | $72,590 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $961,919 |
| Advertising and promotion | $55,055 |
| Office expenses | $346,168 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $508,041 |
| Travel | $37,746 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,133 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,747,094 |
| Insurance | $983,328 |
| All other expenses | $0 |
| Total functional expenses | $13,490,034 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,515,761 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,556,449 |
| 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 | $103,793 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $52,176,003 |
| Accounts payable and accrued expenses | $1,121,808 |
| 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 | $1,121,808 |
| Net assets without donor restrictions | $51,054,195 |
| 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 | $52,176,003 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lifeflight Eagle Kansas City, MO | $23,821,953 | $23,048,062 |
Aaa Ambulance Service Hattiesburg, MS | $15,746,793 | $19,012,295 |
Memphis Medical Center Air Ambulance Service Inc Memphis, TN | $52,176,003 | $31,799,991 |
Sandy Valley Transportation Services Inc Prestonsburg, KY | $8,772,616 | $10,534,380 |
Mobile County Emergency Medical Services System Inc Semmes, AL | $5,892,395 | $8,960,779 |
Fort Smith Emergency Medical Services Fort Smith, AR | $7,949,224 | $9,319,827 |
Houston Healthcare Ems Inc Warner Robins, GA | $925,901 | $5,453,899 |
Vital Link Inc Batesville, AR | $6,568,213 | $8,670,349 |
Morristown Hamblen Emergency Medical Service Company Morristown, TN | $2,987,795 | $7,412,179 |
Ambulance Service Corporation Inc Glasgow, KY | $8,091,736 | $5,725,219 |
Hamilton Emergency Medical Services Inc Dalton, GA | $2,071,608 | $4,035,227 |
Piedmont Triad Ambulance & Rescue Inc High Point, NC | $5,387,528 | $5,724,646 |