The Medical Center At Clinton County Inc, operating under the name The Medical Center At Albany, is located in Bowling Green, KY. The organization was established in 2016. 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 03/2022, Medical Center At Albany employed 113 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medical Center At Albany 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 03/2022, Medical Center At Albany generated $13.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $14.9m during the year ending 03/2022. While expenses have increased by 3.0% per year over the past 6 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES INPATIENT AND OUTPATIENT ACUTE CARE SERVICES BY OR UNDER THE SUPERVISION OF PHYSICIANS IN ALBANY, KENTUCKY AND IN THE SURROUNDING COUNTIES.
Describe the Organization's Program Activity:
OUTPATIENT SERVICES: THE MEDICAL CENTER AT CLINTON COUNTY D/B/A THE MEDICAL CENTER AT ALBANY (MCA) IS RECOGNIZED BY MEDICARE AS AN ACUTE CARE HOSPITAL. THE HOSPITAL SERVES THE COMMUNITY BY PROVIDING CERTAIN OUTPATIENT SERVICES, INCLUDING AN EMERGENCY DEPARTMENT, BY OR UNDER THE SUPERVISION OF PHYSICIANS, DIAGNOSTIC AND THERAPEUTIC SERVICES FOR MEDICAL DIAGNOSIS, TREATMENT, CARE, OR REHABILITATION OF INJURED, DISABLED, OR SICK PERSONS. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.
INPATIENT SERVICES: MCA IS A 42-BED ACUTE CARE HOSPITAL ENGAGED IN PROVIDING INPATIENT SERVICES, BY OR UNDER THE SUPERVISION OF PHYSICIANS, DIAGNOSTIC, AND THERAPEUTIC SERVICES FOR MEDICAL DIAGNOSIS, TREATMENT, CARE, OR REHABILITATION OF INJURED, DISABLED, OR SICK PERSONS. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ms Laura Belcher Vice President/administrator | Officer | 40 | $165,512 |
Ms Sheila Kingry Pharmacy Manager | 40 | $140,888 | |
Lisa Thompson Director Of Patient Care Svcs | 40 | $114,478 | |
Amy Claborn Director Of Patient Care Svcs | 40 | $108,076 | |
Lori Poindexter Aprn | 40 | $103,282 | |
Mr Eric Hagan VP Of Rural Hospitals | Officer | 4 | $28,878 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Diagnostic Shared Services Clinical Services | 3/30/22 | $116,325 |
Southeastern Emergency Physicians Er Physician Svcs | 3/30/22 | $944,060 |
Heartcare Imaging Inc Clinical Services | 3/30/22 | $177,220 |
Qualivis Llc Staffing Services | 3/30/22 | $325,654 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $3,564 |
Government grants | $384,970 |
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 | $388,534 |
Total Program Service Revenue | $12,554,667 |
Investment income | $65,341 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $19,527 |
Net Gain/Loss on Asset Sales | $66,114 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $13,579,488 |
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. | $241,743 |
Compensation of current officers, directors, key employees. | $241,743 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,434,622 |
Pension plan accruals and contributions | $149,577 |
Other employee benefits | $874,918 |
Payroll taxes | $350,924 |
Fees for services: Management | $1,018,400 |
Fees for services: Legal | $22,151 |
Fees for services: Accounting | $33,834 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,826,843 |
Advertising and promotion | $26,647 |
Office expenses | $1,000,835 |
Information technology | $288,418 |
Royalties | $0 |
Occupancy | $453,770 |
Travel | $9,335 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $432,155 |
Insurance | $97,391 |
All other expenses | $5,158 |
Total functional expenses | $14,850,250 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $302,980 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,178,256 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $560,287 |
Prepaid expenses and deferred charges | $152,565 |
Net Land, buildings, and equipment | $8,367,094 |
Investments—publicly traded securities | $64,910 |
Investments—other securities | $0 |
Investments—program-related | $3,265,832 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $13,891,924 |
Accounts payable and accrued expenses | $4,166,025 |
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 | $529,350 |
Total liabilities | $4,695,375 |
Net assets without donor restrictions | $9,196,549 |
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 | $13,891,924 |
Over the last fiscal year, we have identified 1 grants that The Medical Center At Clinton County Inc has recieved totaling $22,237.
Awarding Organization | Amount |
---|---|
Commonwealth Health Foundation Bowling Green, KY PURPOSE: GENERAL SUPPORT | $22,237 |
Organization Name | Assets | Revenue |
---|---|---|
Hospital Development Co Spencer, WV | $52,869,915 | $52,048,469 |
St Francis Hospital Sisters Of The Third Order Of St Francis Litchfield, IL | $115,024,581 | $58,904,775 |
Norton Community Hospital Inc Johnson City, TN | $0 | $44,059,462 |
Carilion Franklin Memorial Hospital Roanoke, VA | $34,418,043 | $53,453,560 |
Harrisburg Medical Center Inc Harrisburg, IL | $43,345,882 | $39,197,825 |
Owensboro Health Twin Lakes Regional Medical Center Inc Owensboro, KY | $55,501,629 | $56,278,932 |
Pekin Memorial Hospital Pekin, IL | $70,050,108 | $60,677,158 |
Carilion Rockbridge Community Hospital Roanoke, VA | $70,108,246 | $53,030,764 |
Ascension Borgess Allegan Hospital St Louis, MO | $32,866,970 | $39,637,859 |
Grant Memorial Hospital Petersburg, WV | $30,150,493 | $46,826,382 |
Northwest Memorial Healthcare Chicago, IL | $87,933,488 | $39,660,179 |
Siskin Hospital For Physical Rehabilitation Chattanooga, TN | $126,934,150 | $48,552,060 |