Unity Medical Center Inc
- Assets
- $57.8m
- Revenue
- $53.9m
- Investments
- $0.0
- Employees
- 323
- Location
- Manchester, TN
- Founding
- 11/2018
- Data as of
- 12/2021
- 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 12/2021, Unity Medical Center Inc employed 323 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 12/2021, Unity Medical Center Inc generated $53.9m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 35.4% each year . All expenses for the organization totaled $46.7m during the year ending 12/2021. While expenses have increased by 31.7% per year over the past 3 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
2021
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 - 66,641, LABRATORY TESTS AND PROCEDURES - 88,764, EMERGENCY ROOM VISITS - 11,708, ICU PATIENT DAYS - 363.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Couch COO | OfficerTrustee | 40 | $768,375 |
Ashoke Mukherji Chairman | OfficerTrustee | 40 | $646,995 |
Pamela Jernigan CFO | Officer | 40 | $624,706 |
Martha Mccormick CEO | OfficerTrustee | 40 | $620,512 |
Denny Daniel Physician | 40 | $338,716 | |
Albert Brandon Physician | 40 | $331,199 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dr Hasemeier & Associates Staffing Nursing Home Visits | 12/30/21 | $5,570,103 |
Housecall Today Inc Staffing Nursing Home Visits | 12/30/21 | $3,270,787 |
Geriatric Consultants Staffing Nursing Home Visits | 12/30/21 | $1,876,570 |
Rapha Centre Staffing Addiction Clinic Visits | 12/30/21 | $2,272,730 |
Senior Health Partners Staffing Nursing Home Visits | 12/30/21 | $731,544 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,552,785 |
| All other contributions, gifts, grants, and similar amounts not included above | $514,182 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,066,967 |
| Total Program Service Revenue | $48,819,211 |
| Investment income | $173 |
| 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 | $53,886,351 |
| 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. | $4,449,480 |
| Compensation of current officers, directors, key employees. | $1,564,238 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,968,815 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,658,615 |
| Payroll taxes | $661,300 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $78,978 |
| 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 | $17,994,085 |
| Advertising and promotion | $30,346 |
| Office expenses | $169,843 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $955,476 |
| Travel | $27,620 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $36,836 |
| Interest | $1,586,146 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,627,037 |
| Insurance | $523,637 |
| All other expenses | $62,416 |
| Total functional expenses | $46,727,598 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,060,175 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,607,747 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $5,659 |
| Inventories for sale or use | $679,921 |
| Prepaid expenses and deferred charges | $247,908 |
| Net Land, buildings, and equipment | $19,293,786 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $21,947,208 |
| Total assets | $57,842,404 |
| Accounts payable and accrued expenses | $6,628,876 |
| 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 | $2,952,945 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $25,990,522 |
| Other liabilities | $7,062,132 |
| Total liabilities | $42,634,475 |
| Net assets without donor restrictions | $15,207,929 |
| 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 | $57,842,404 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Marys Hospital Ozaukee Inc St Louis, MO | $0 | $119,639,290 |
Maryview Hospital Llc Suffolk, VA | $0 | $126,392,609 |
Leconte Medical Center Knoxville, TN | $91,240,969 | $144,185,798 |
Columbus Regional Healthcare System Whiteville, NC | $197,969,739 | $134,524,668 |
Harnett Health System Inc Dunn, NC | $119,557,525 | $137,837,447 |
Jane Phillips Memorial Medical Center Inc St Louis, MO | $87,499,100 | $121,263,469 |
Lexington Medical Center Lexington, NC | $126,269,827 | $125,126,706 |
Bon Secours-Richmond Community Hospital Richmond, VA | $200,107,508 | $168,768,277 |
Uva Culpeper Medical Center Culpeper, VA | $139,556,597 | $116,029,117 |
Crisp Regional Hospital Inc Cordele, GA | $164,464,771 | $118,380,453 |
Morristown Hamblen Hosp Knoxville, TN | $71,835,132 | $127,114,372 |
Upson County Hospital Inc Thomaston, GA | $251,563,523 | $131,936,777 |