Magee Benevolent Association
- Assets
- $9.7m
- Revenue
- $21.3m
- Investments
- $0.0
- Employees
- 279
- Location
- Magee, MS
- Founding
- 04/1951
- Data as of
- 12/2022
- EIN
- 64-0324402
Organization Overview
Magee Benevolent Association, operating under the name Magee General Hospital, is located in Magee, MS. The organization was established in 1951. 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 12/2022, Magee General Hospital employed 279 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magee General Hospital 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 12/2022, Magee General Hospital generated $21.3m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $19.7m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 8 years. 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
MAGEE GENERAL HOSPITAL SHALL CONTINUE TO PROVIDE QUALITY HEALTHCARE TO THOSE THAT PRESENT THEMSELVES FOR OUR SERVICES. WE ARE DEDICATED TO MEET THE CHALLENGES OF THE FUTURE TO ASSURE THAT PEOPLE OF THIS COMMUNITY RECEIVE QUALITY HEALTHCARE AT A REASONABLE COST. WE ARE COMMITTED TO MAINTAIN PATIENT CONFIDENTIALITY AND TO COMFORT AND RESPECT PATIENTS, FAMILIES AND FRIENDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAGEE GENERAL HOSPITAL OFFERS A VARIETY OF MEDICAL SERVICES THAT ARE DESIGNED TO MEET HEALTHCARE NEEDS OF THE SURROUNDING COMMUNITY. THIS SERVICE IS ACCOMPLISHED THROUGH THE OPERATION OF A FULL SERVICE INPATIENT, OUTPATIENT, AND EMERGENCY CARE FACILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
W Bennet Hubbard Jr Board Chairman/president | Trustee | 1 | $0 |
Joe Stephens Director | Trustee | 1 | $0 |
Stan Bugler Secretary | Trustee | 1 | $0 |
Robbie Barnes Vice Chairman | Trustee | 1 | $0 |
Charles Prince Treasurer | Trustee | 1 | $0 |
Gregg Gibbes CEO | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Covington County Hospital Management And Staffing Fees | 12/30/22 | $711,207 |
Mid South Rehab Physical, Occupational, And Sp | 12/30/22 | $646,040 |
Mid-south Medical Imaging X-ray Technologies | 12/30/22 | $252,509 |
Southern Surgical Equip Mobile Ophthalmic Services | 12/30/22 | $161,155 |
Ms Baptist Health Systems Management And Staffing Fees | 12/30/22 | $137,519 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,277,335 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,287,335 |
| Total Program Service Revenue | $16,811,277 |
| Investment income | $653 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $162,927 |
| Net Gain/Loss on Asset Sales | $3,500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,318,805 |
| 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 | $8,158,898 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $870,379 |
| Payroll taxes | $545,091 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $206,401 |
| 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 | $805,719 |
| Advertising and promotion | $33,431 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $261,541 |
| Travel | $12,422 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $346,326 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,101,303 |
| Insurance | $326,568 |
| All other expenses | $725,129 |
| Total functional expenses | $19,712,601 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,247,294 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,468,912 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $263,916 |
| Prepaid expenses and deferred charges | $185,972 |
| Net Land, buildings, and equipment | $6,550,034 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,061 |
| Total assets | $9,721,189 |
| Accounts payable and accrued expenses | $1,172,389 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $265,540 |
| 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 | $206,155 |
| Total liabilities | $1,644,084 |
| Net assets without donor restrictions | $8,077,105 |
| 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 | $9,721,189 |