Anderson Regional Medical Center
- Assets
- $226.6m
- Revenue
- $254.4m
- Investments
- $0.0
- Employees
- 1,753
- Location
- Meridian, MS
- Founding
- 09/1944
- Data as of
- 09/2023
- EIN
- 64-0362400
Organization Overview
Anderson Regional Medical Center is located in Meridian, MS. The organization was established in 1944. 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, Anderson Regional Medical Center employed 1,753 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anderson Regional Medical Center 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 09/2023, Anderson Regional Medical Center generated $254.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $274.3m during the year ending 09/2023. While expenses have increased by 5.3% per year over the past 8 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.
Since 2015, Anderson Regional Medical Center has awarded 37 individual grants totaling $688,448. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CONTINUE OUR HERITAGE OF HEALING AND IMPROVING LIFE FOR THE PEOPLE WE SERVE.
Describe the Organization's Program Activity:
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph M Anderson Director/chaplain | OfficerTrustee | 40 | $84,790 |
Shawn C Anderson Director | OfficerTrustee | 5 | $24,103 |
Janet G Farrington Director | OfficerTrustee | 5 | $26,551 |
Nell Gayden Hill Director | OfficerTrustee | 3 | $24,051 |
Bradley Ray Huff Director | OfficerTrustee | 3 | $12,103 |
Gary Wilkinson Director | OfficerTrustee | 3 | $12,067 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Meridian Medical Associates Pa Contract Labor | 9/29/23 | $9,499,919 |
Internal Medicine Clinic Pllc Contract Labor | 9/29/23 | $8,561,162 |
Hospitalist Services Of Meridian Pa Contract Physicians | 9/29/23 | $6,459,510 |
Medefis Consolidated Contract Labor | 9/29/23 | $8,049,981 |
Morrison Health Care Inc Dietary Services | 9/29/23 | $5,620,459 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,040,691 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,981 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,053,672 |
| Total Program Service Revenue | $252,605,507 |
| Investment income | $361,370 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$1,451,880 |
| Net Gain/Loss on Asset Sales | $300,457 |
| Net Income from Fundraising Events | $28,875 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $254,352,697 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,000 |
| Grants and other assistance to domestic individuals. | $76,306 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,975,180 |
| Compensation of current officers, directors, key employees. | $1,975,180 |
| Compensation to disqualified persons | $361,811 |
| Other salaries and wages | $72,937,415 |
| Pension plan accruals and contributions | $848,799 |
| Other employee benefits | $13,722,117 |
| Payroll taxes | $5,736,103 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $960,627 |
| Fees for services: Accounting | $134,115 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $87,014,696 |
| Advertising and promotion | $361,715 |
| Office expenses | $18,145,606 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,162,232 |
| Travel | $143,213 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $29,423 |
| Interest | $584,693 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,874,090 |
| Insurance | $3,254,096 |
| All other expenses | $0 |
| Total functional expenses | $274,330,402 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,831,109 |
| Savings and temporary cash investments | $25,124 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,124,196 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $459,751 |
| Inventories for sale or use | $6,066,931 |
| Prepaid expenses and deferred charges | $2,311,862 |
| Net Land, buildings, and equipment | $83,535,219 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,112,106 |
| Other assets | $97,150,405 |
| Total assets | $226,616,703 |
| Accounts payable and accrued expenses | $47,683,389 |
| Grants payable | $0 |
| Deferred revenue | $6,150 |
| 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 | $9,986,757 |
| Other liabilities | $15,478,095 |
| Total liabilities | $73,154,391 |
| Net assets without donor restrictions | $153,462,312 |
| 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 | $226,616,703 |
Grants Awarded
Over the last fiscal year, Anderson Regional Medical Center has awarded $30,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MERIDIAN YOUTH SOCCER ORGANIZATION PURPOSE: OPERATIONAL SUPPORT | $20,000 |
THE MONTGOMERY INSTITUTE PURPOSE: COMMUNITY HEALTH IMPROVEMENT NETWORK | $10,000 |