Kingfisher Regional Hospital
- Assets
- $11.1m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Kingfisher, OK
- Founding
- 12/1951
- Data as of
- 06/2021
- EIN
- 73-0618679
Organization Overview
Kingfisher Regional Hospital is located in Kingfisher, OK. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kingfisher Regional 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 06/2021, Kingfisher Regional Hospital generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $1.7m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE THE HEALTHCARE NEEDS OF OUR COMMUNITIES WITH EXCELLENCE, COMPASSION, AND COMMITMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KINGFISHER REGIONAL HOSPITAL (HOSPITAL) IS A NOT-FOR-PROFIT CORPORATION FORMED IN 1950. THE HOSPITAL OWNS AND OPERATED A 25-BED CRITICAL ACCESS FACILITY (FACILITY) LOCATED IN KINGFISHER, OKLAHOMA. ON NOVEMBER 1, 2013, THE HOSPITAL ENTERED INTO A LEASE AGREEMENT WITH MERCY HEALTH OKLAHOMA COMMUNITIES, INC. AND MERCY HOSPITAL KINGFISHER (MERCY) TO LEASE THE OPERATIONS OF THE FACILITY. THE LEASE RELATES ONLY TO THE OPERATIONS OF THE FACILITY AS WELL AS CERTAIN ASSUMED ASSETS AND LIABILITIES. THE ASSETS AND LIABILITIES NOT ASSUMED UNDER THE LEASE AGREEMENT WERE RETAINED BY THE HOSPITAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pat Cheapdirector Thru Oct 2020)/president (as Of Oct. 2020) | OfficerTrustee | 1 | $0 |
Jarod Hendrix Secretary (as Of Oct 2020) | OfficerTrustee | 1 | $0 |
Joe Vothvp Thru Oct 2020 Director (as Of Oct 2020) | OfficerTrustee | 0.1 | $0 |
Diane Duffysecretary Thru Oct 2020)/director (as Of Oct 2020) | OfficerTrustee | 0.1 | $0 |
Brenda Walta Treasurer | OfficerTrustee | 1 | $0 |
Dorothy Hallockpresident (thru Oct 2020)/vp (as Of Oct 2020) | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stephen R Arthurs Md Medical Professional | 6/29/14 | $504,196 |
Matson Enterprises Medical Professional | 6/29/14 | $291,964 |
Imaging Solutions Radiologist | 6/29/14 | $258,727 |
Mcafee And Taft Legal Fees | 6/29/14 | $207,247 |
Cpp Wound Care Llc Wound Care | 6/29/14 | $260,650 |
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 | $1,513,649 |
| Investment income | $664 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $20,545 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$10,256 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,524,602 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,508 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,412 |
| Advertising and promotion | $0 |
| Office expenses | $12,886 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $602 |
| Interest | $571,068 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,091,525 |
| Insurance | $10,564 |
| All other expenses | $541 |
| Total functional expenses | $1,748,106 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $905,107 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $200,000 |
| 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 | $3,330 |
| Net Land, buildings, and equipment | $7,782,212 |
| Investments—publicly traded securities | $2,201,548 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,092,197 |
| Accounts payable and accrued expenses | $18,571 |
| Grants payable | $0 |
| Deferred revenue | $22,000 |
| Tax-exempt bond liabilities | $16,618,840 |
| 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 | $50,523 |
| Total liabilities | $16,709,934 |
| Net assets without donor restrictions | -$5,622,737 |
| Net assets with donor restrictions | $5,000 |
| 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 | $11,092,197 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chicot Memorial Medical Center Lake Village, AR | $20,694,512 | $22,104,345 |
Delta Memorial Hospital Dumas, AR | $19,360,595 | $24,048,672 |
St Marys Warrick Hospital Inc St Louis, MO | $9,424,300 | $16,745,363 |
St Vincent Clay Hospital Inc St Louis, MO | $12,816,129 | $21,118,417 |
Dardanelle Regional Llc Dardanelle, AR | $9,058,761 | $17,081,430 |
Pawnee Valley Community Hospital Inc Larned, KS | $21,161,892 | $18,392,214 |
Ninnescah Valley Health Systems Inc Kingman, KS | $15,148,315 | $17,489,172 |
St Bernard Community Hospital Corporation Wynne, AR | $12,847,448 | $21,788,321 |
Amberwell Atchison Association Atchison, KS | $58,039,761 | $15,492,633 |
Mercy St Francis Hospital Mountain View, MO | $3,790,115 | $15,228,465 |
Clayton Health Systems Inc Clayton, NM | $19,342,828 | $19,073,087 |
Falls Community Hospital And Clinic Marlin, TX | $16,201,440 | $24,067,895 |