Mcpherson Hospital Inc
- Assets
- $29.1m
- Revenue
- $44.2m
- Investments
- $0.0
- Employees
- 450
- Location
- McPherson, KS
- Founding
- 01/1975
- Data as of
- 06/2022
- EIN
- 48-0799105
Organization Overview
Mcpherson Hospital Inc is located in McPherson, KS. The organization was established in 1975. 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 06/2022, Mcpherson Hospital Inc employed 450 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mcpherson Hospital 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 06/2022, Mcpherson Hospital Inc generated $44.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $43.9m during the year ending 06/2022. While expenses have increased by 6.2% per year over the past 7 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
PROVISION OF ACUTE HOSPITAL CARE TO PATIENTS REGARDLESS OF ABILITY TO PAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVISION OF INPATIENT AND OUTPATIENT HOSPITAL SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clayton Fetsch Physician | 40 | $335,776 | |
Carl Turner DO Physician/trustee (eff. Jan. 2022) | Trustee | 40 | $325,671 |
Bret Heskett Physician | 40 | $317,283 | |
Michael Bloustine Physician | 40 | $294,131 | |
Brandon Stringer Physician | 40 | $285,743 | |
George Kimbro CFO (thru Jan. 2022) | Officer | 40 | $285,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ems Kansas Llc Physician Coverage | 6/29/22 | $1,487,378 |
Hutton Corporation Construction Services | 6/29/22 | $1,673,372 |
Caring For Kansas Contract Labor | 6/29/22 | $1,257,920 |
Cpsi Inc Computer Support And Billing Services | 6/29/22 | $444,104 |
Rehabvisions Therapy Services | 6/29/22 | $1,083,752 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $798,964 |
| Government grants | $5,009,628 |
| All other contributions, gifts, grants, and similar amounts not included above | $102,135 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,910,727 |
| Total Program Service Revenue | $36,948,538 |
| Investment income | $21,151 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $68,951 |
| Net Gain/Loss on Asset Sales | $937,750 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $44,228,376 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $22,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $920,158 |
| Compensation of current officers, directors, key employees. | $553,567 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,797,170 |
| Pension plan accruals and contributions | $507,213 |
| Other employee benefits | $2,113,028 |
| Payroll taxes | $1,316,566 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $67,221 |
| 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 | $10,168,031 |
| Advertising and promotion | $52,565 |
| Office expenses | $234,619 |
| Information technology | $191,762 |
| Royalties | $0 |
| Occupancy | $544,805 |
| Travel | $44,886 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,575 |
| Interest | $369,900 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,876,353 |
| Insurance | $404,033 |
| All other expenses | $899,401 |
| Total functional expenses | $43,896,120 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,554,074 |
| Savings and temporary cash investments | $992,858 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,057,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $828,841 |
| Prepaid expenses and deferred charges | $417,701 |
| Net Land, buildings, and equipment | $14,860,764 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,420,324 |
| Total assets | $29,131,562 |
| Accounts payable and accrued expenses | $4,668,658 |
| 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 | $7,302,095 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $594,413 |
| Total liabilities | $12,565,166 |
| Net assets without donor restrictions | $14,026,687 |
| Net assets with donor restrictions | $2,539,709 |
| 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 | $29,131,562 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Mcpherson Hospital Inc has recieved totaling $899,141.
| Awarding Organization | Amount |
|---|---|
Mcpherson County Community Foundation Mcpherson, KS PURPOSE: GENERAL USE | $689,141 |
Sunderland Foundation Overland Park, KS PURPOSE: RENOVATE SPACE FOR MRI AND WOMEN'S IMAGING CENTER | $200,000 |
Elmer Dalke Charitable Foundation Mcpherson, KS PURPOSE: HESS FITNESS CENTER PROJECT | $10,000 |
Endowment Analysis
| Beg. Balance | $2,712,852 |
| Earnings | -$350,308 |
| Admin Expense | $25,321 |
| Net Contributions | $515,088 |
| Grants | $662,358 |
| Ending Balance | $2,189,953 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Marys Hospital Ozaukee Inc St Louis, MO | $0 | $119,639,290 |
Longmont United Hospital Longmont, CO | $214,203,834 | $134,718,375 |
Jane Phillips Memorial Medical Center Inc St Louis, MO | $87,499,100 | $121,263,469 |
Methodist Fremont Health Omaha, NE | $109,967,706 | $124,306,426 |
San Luis Valley Regional Medical Center Alamosa, CO | $124,351,894 | $116,651,217 |
Yampa Valley Medical Center Steamboat Springs, CO | $172,296,519 | $125,137,699 |
Ascension Via Christi Hospital Pittsburg Inc St Louis, MO | $71,765,236 | $104,056,265 |
St Marys Hospital St Louis, MO | $116,545,110 | $120,225,742 |
Newton Healthcare Corporation Newton, KS | $117,996,443 | $104,642,864 |
Integris Health Edmond Inc Oklahoma City, OK | $260,031,221 | $95,781,800 |
St Lukes Des Peres Episcopal-Presbyterian Hospital Chesterfield, MO | $97,618,886 | $86,507,537 |
Ascension Via Christi Hospital Manhattan Inc St Louis, MO | $74,708,914 | $108,962,150 |