North Mississippi Medical Clinics
- Assets
- $113.5m
- Revenue
- $56.2m
- Investments
- $0.0
- Employees
- 699
- Location
- Tupelo, MS
- Founding
- 07/1992
- Data as of
- 09/2021
- EIN
- 64-0787918
Organization Overview
North Mississippi Medical Clinics is located in Tupelo, MS. The organization was established in 1992. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 09/2021, North Mississippi Medical Clinics employed 699 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Mississippi Medical Clinics 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, North Mississippi Medical Clinics generated $56.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $76.2m during the year ending 09/2021. 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
NORTH MISSISSIPPI MEDICAL CLINICS, INC. OPERATES 34 MEDICAL CLINICS LOCATED IN NORTH MISSISSIPPI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLINICS SERVES THE 24 COUNTIES IN NORTH MISSISSIPPI AND NORTHWEST ALABAMA THAT MAKE UP THE NMHS SERVICE AREA. IN FISCAL YEAR 2021, CLINICS SERVED THE POPULATION OF THE AREA WITH 415,063 VISITS TO ITS PHYSICIANS. THE ORGANIZATION OPERATES 25 REGIONAL PRIMARY CARE AND INTERNAL MEDICINE CLINICS.
ONE OF THE PRIMARY WAYS CLINICS SERVES THE COMMUNITY IS BY PROVIDING CARE TO VARIOUS POPULATIONS FOR WHICH IT RECEIVES NO COMPENSATION OR RECEIVES COMPENSATION AT RATES SIGNIFICANTLY LESS THAN ESTABLISHED RATES. THE BOARD OF DIRECTORS OF CLINICS HAS ESTABLISHED A POLICY UNDER WHICH THE ORGANIZATION PROVIDES CARE, WITHOUT CHARGE, TO NEEDY MEMBERS OF ITS COMMUNITY. THE CHARITY CARE POLICY STATES THAT CLINICS WILL PROVIDE NECESSARY SERVICES TO PATIENTS FREE OF CHARGE WITH HOUSEHOLD INCOME LEVELS BASED ON THE MEDIAN INCOME FOR MISSISSIPPI COMPARED TO THE MEDIAN INCOME NATIONALLY. THE MISSISSIPPI ADJUSTED POVERTY GUIDELINES IS APPROXIMATELY 75% OF THE FEDERAL POVERTY RATE. THE POLICY FURTHER PROVIDES PATIENTS WITH HOUSEHOLD INCOME LEVELS ABOVE THE MISSISSIPPI ADJUSTED POVERTY GUIDELINES WILL BE LIABLE FOR NO MORE THAN THE AMOUNT THAT THEIR HOUSEHOLD INCOME EXCEEDS THE APPLICABLE FEDERAL POVERTY GUIDELINES. THE POLICY APPLIES TO INDIVIDUALS WHO RESIDE IN THE COUNTY WHERE THE APPLICABLE CLINIC IS LOCATED. PATIENTS FROM OUTSIDE THE COUNTY MAY ALSO BE GRANTED CHARITY CARE BASED ON THE JUDGMENT OF CLINICS MANAGEMENT DEPENDING ON THEIR INDIVIDUAL CIRCUMSTANCES. THE POLICY ALSO REQUIRES THE PATIENT TO COOPERATE FULLY WITH CLINICS' REQUEST FOR INFORMATION WITH WHICH TO VERIFY THE PATIENT'S ELIGIBILITY. FOLLOWING THAT POLICY, CLINICS MAINTAINS RECORDS TO IDENTIFY AND MONITOR THE LEVEL OF CHARITY CARE IT PROVIDES. THESE RECORDS INCLUDE THE AMOUNT OF CHARGES FORGONE FOR SERVICES AND SUPPLIES FURNISHED UNDER ITS CHARITY CARE POLICY. CHARGES FORGONE, BASED ON ESTABLISHED RATES, TOTALED APPROXIMATELY $1,827,041 IN FISCAL YEAR 2021. BASED ON THE GROSS CHARGES PROVIDED TO CHARITY PATIENTS COMPARED TO TOTAL CLINICS GROSS CHARGES, 2.01% OF ALL SERVICES IN FISCAL YEAR 2021 WERE PROVIDED ON A CHARITY BASIS. THE NET COST OF CHARITY CARE PROVIDED BY CLINICS WAS APPROXIMATELY $1,465,377 IN FISCAL YEAR 2021. THE TOTAL COST ESTIMATE IS BASED ON THE RATIO OF COSTS TO CHARGES FOR CLINICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles M King Physician | 40 | $1,008,692 | |
Don Smith MD Director | Trustee | 40 | $570,539 |
Charles K Abavare Physician | 40 | $537,692 | |
Raymond R Arriola Physician | 40 | $532,939 | |
William T Jennings Physician | 40 | $515,340 | |
Kevin R Johnson Physician | 40 | $495,562 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Crothall Healthcare Housekeeping Service | 9/29/21 | $447,856 |
Caduceus Health Inc Financial Advice | 9/29/21 | $163,433 |
Caravan Health Health Care Mgmt | 9/29/21 | $816,314 |
Medirevv Revenue Cycle Mgmt | 9/29/21 | $521,139 |
Express Services Inc Staff Mgmt Services | 9/29/21 | $110,224 |
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 | $55,367,841 |
| Investment income | $6,624 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $76,889 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $56,248,552 |
| 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. | $1,513,269 |
| Compensation of current officers, directors, key employees. | $1,513,269 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,225,046 |
| Pension plan accruals and contributions | $2,036,569 |
| Other employee benefits | $3,919,576 |
| Payroll taxes | $2,692,896 |
| Fees for services: Management | $182,875 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $38,974 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,303,908 |
| Advertising and promotion | $96,666 |
| Office expenses | $1,507,303 |
| Information technology | $2,190,348 |
| Royalties | $0 |
| Occupancy | $2,218,420 |
| Travel | $108,212 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $159,865 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,759,311 |
| Insurance | $293,853 |
| All other expenses | $166,278 |
| Total functional expenses | $76,152,154 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,901 |
| Savings and temporary cash investments | $849,305 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,181,100 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,807,867 |
| Prepaid expenses and deferred charges | $142,568 |
| Net Land, buildings, and equipment | $14,255,711 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $94,213,451 |
| Total assets | $113,464,903 |
| Accounts payable and accrued expenses | $21,458,117 |
| 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 | $144,847,483 |
| Total liabilities | $166,305,600 |
| Net assets without donor restrictions | -$53,050,792 |
| Net assets with donor restrictions | $210,095 |
| 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 | $113,464,903 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that North Mississippi Medical Clinics has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Amga Foundation Inc Alexandria, VA PURPOSE: A.I. G3 LEARNING COLLABORATIVE EDUCATIONAL GRANT PART 2 | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Baptist Memorial Medical Group Inc Memphis, TN | $349,980,187 | $232,152,357 |
Mercy Clinic Fort Smith Communities Fort Smith, AR | $16,003,364 | $92,671,268 |
The Stern Cardiovascular Foundation Inc Germantown, TN | $17,127,426 | $49,543,413 |
North Mississippi Medical Clinics Tupelo, MS | $113,464,903 | $56,248,552 |
Frontier Health Gray, TN | $53,088,509 | $71,287,825 |
Cherokee Health Systems Knoxville, TN | $78,560,180 | $71,163,695 |
Medical Foundation Inc Non Profit Organization Meridian, MS | $80,416,096 | $51,016,013 |
Music City Prep Clinic Nashville, TN | $24,330,641 | $46,316,294 |
Metairie Physician Services Inc New Orleans, LA | $1,401,936 | $21,485,225 |
Roane County Medical Center Knoxville, TN | $54,535,174 | $48,581,475 |
Maury Regional Medical Group Inc Columbia, TN | $4,063,673 | $38,290,405 |
Marillac Community Health Centers New Orleans, LA | $11,035,941 | $36,641,336 |