Philip Health Services Inc
- Assets
- $25.3m
- Revenue
- $18.5m
- Investments
- $0.0
- Employees
- 190
- Location
- Philip, SD
- Founding
- 06/1981
- Data as of
- 12/2022
- EIN
- 46-0361016
Organization Overview
Philip Health Services Inc is located in Philip, SD. The organization was established in 1981. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 12/2022, Philip Health Services Inc employed 190 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philip Health Services 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, Philip Health Services Inc generated $18.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $17.2m during the year ending 12/2022. While expenses have increased by 7.4% per year over the past 8 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 HEALTH CARE TO PHILIP, SD & SURROUNDING AREAS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FACILITY OPERATES A CRITICAL ACCESS HOSPITAL IN PHILIP, SD PROVIDING SHORT TERM INPATIENT, OUTPATIENT AND EMERGENCY HEALTH CARE SERVICES. THE FACILITY ALSO OPERATES AN ASSISTED LIVING FACILITY PROVIDING RESIDENTIAL CARE SERVICES, A SKILLED NURSING FACILITY PROVIDING LONG TERM NURSING HOME CARE, AND CLINIC FACILITIES FOR PHYSICIAN SERVICES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Holman MD Employee | 40 | $325,077 | |
Kerry Blackham Employee | Officer | 40 | $316,826 |
Coenraad Klopper MD Employee | Officer | 40 | $264,010 |
Jeremy Schultes Chief Execut | Officer | 40 | $0 |
Terry Henrie Employee | Officer | 40 | $177,501 |
Don Burns President | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rangel Construction Contractor | 12/30/22 | $1,443,735 |
Monument Health Staffing/it | 12/30/22 | $1,201,590 |
Country Carpet & Flooring Contractor | 12/30/22 | $246,416 |
One Staff Medical Nurses | 12/30/22 | $213,255 |
Rove Staffing Llc Nurses | 12/30/22 | $932,243 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $480,598 |
| All other contributions, gifts, grants, and similar amounts not included above | $59,914 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $540,512 |
| Total Program Service Revenue | $17,506,150 |
| Investment income | $62,053 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$97,148 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,455,440 |
| 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. | $213,897 |
| Compensation of current officers, directors, key employees. | $213,897 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,254,516 |
| Pension plan accruals and contributions | $179,532 |
| Other employee benefits | $889,104 |
| Payroll taxes | $543,078 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,720 |
| Fees for services: Accounting | $37,681 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,738,228 |
| Advertising and promotion | $50,281 |
| Office expenses | $50,259 |
| Information technology | $21,000 |
| Royalties | $0 |
| Occupancy | $2,927,750 |
| Travel | $123,704 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $122,702 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,081,303 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $17,248,755 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,619,754 |
| Pledges and grants receivable | $114,053 |
| Accounts receivable, net | $1,984,889 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $107,450 |
| Inventories for sale or use | $320,451 |
| Prepaid expenses and deferred charges | $75,730 |
| Net Land, buildings, and equipment | $12,916,966 |
| Investments—publicly traded securities | $25,826 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,121,820 |
| Total assets | $25,286,939 |
| Accounts payable and accrued expenses | $1,465,059 |
| 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 | $7,422,004 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $49,478 |
| Total liabilities | $8,936,541 |
| Net assets without donor restrictions | $16,180,518 |
| Net assets with donor restrictions | $169,880 |
| 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 | $25,286,939 |