Unity Medical Center Inc
- Assets
- $54.3m
- Revenue
- $48.9m
- Investments
- $0.0
- Employees
- 333
- Location
- Manchester, TN
- Founding
- 11/2018
- Data as of
- 12/2022
- EIN
- 82-5388429
Organization Overview
Unity Medical Center Inc is located in Manchester, TN. The organization was established in 2018. 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, Unity Medical Center Inc employed 333 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Unity Medical Center Inc 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, Unity Medical Center Inc generated $48.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.5% each year . All expenses for the organization totaled $46.8m during the year ending 12/2022. While expenses have increased by 23.0% per year over the past 4 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE IMPROVED HEALTHCARE TO LOCAL RESIDENTS. PROVIDE LEADERSHIP AND DEVELOPMENT OF ADDITIONAL SERVICES TO THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOSPITAL SERVICES INCLUDING HASEMEIER GROUP NURSING HOME VISITS - 76,392, LABORATORY TESTS AND PROCEDURES - 108,496, EMERGENCY ROOM VISITS - 12,268, ICU PATIENT DAYS - 411, ROUTINE INPATIENT DAYS - 3,655, INTERMEDIATE CARE DAYS - 641.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Couch COO | OfficerTrustee | 40 | $749,593 |
Ashoke Mukherji Chairman | OfficerTrustee | 40 | $635,940 |
Martha Henley CEO | OfficerTrustee | 40 | $623,090 |
Kim Roberts Board Member | Trustee | 0.65 | $0 |
Mike Niederhauser Board Member | Trustee | 0.65 | $0 |
James Vanwinkle Board Member | Trustee | 0.65 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dr Hasemeier & Associates Staffing Nursing Home Visits | 12/30/22 | $5,171,936 |
Geriatric Consultants Staffing Nursing Home Visits | 12/30/22 | $1,825,894 |
Housecall Today Inc Staffing Nursing Home Visits | 12/30/22 | $3,275,414 |
Senior Health Partners Staffing Nursing Home Visits | 12/30/22 | $569,096 |
Rapha Centre Staffing Addiction Clinic Visits | 12/30/22 | $2,577,520 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,216,934 |
| 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 | $1,216,934 |
| Total Program Service Revenue | $47,692,972 |
| Investment income | $480 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $48,910,386 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,000 |
| 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. | $4,046,420 |
| Compensation of current officers, directors, key employees. | $779,455 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,113,806 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,641,654 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $102,245 |
| 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 | $19,687,327 |
| Advertising and promotion | $69,540 |
| Office expenses | $197,797 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,043,078 |
| Travel | $41,315 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $47,906 |
| Interest | $1,705,446 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $956,594 |
| Insurance | $518,177 |
| All other expenses | $0 |
| Total functional expenses | $46,847,356 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $524,975 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,441,752 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $5,659 |
| Inventories for sale or use | $675,592 |
| Prepaid expenses and deferred charges | $145,872 |
| Net Land, buildings, and equipment | $19,550,781 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $21,922,833 |
| Total assets | $54,267,464 |
| Accounts payable and accrued expenses | $9,509,774 |
| 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 | $2,904,097 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $24,582,634 |
| Other liabilities | $0 |
| Total liabilities | $36,996,505 |
| Net assets without donor restrictions | $17,270,959 |
| 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 | $54,267,464 |