Meadows Regional Medical Center Inc
- Assets
- $156.1m
- Revenue
- $94.6m
- Investments
- $0.0
- Employees
- 1,061
- Location
- Vidalia, GA
- Founding
- 05/1994
- Data as of
- 06/2021
- EIN
- 58-2044503
Organization Overview
Meadows Regional Medical Center Inc is located in Vidalia, GA. The organization was established in 1994. 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 06/2021, Meadows Regional Medical Center Inc employed 1,061 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meadows Regional 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 06/2021, Meadows Regional Medical Center Inc generated $94.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $104.8m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Meadows Regional Medical Center Inc has awarded 12 individual grants totaling $594,209. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE QUALITY HEALTHCARE FOR THE RESIDENTS OF TOOMBS COUNTY AND OTHER SURROUNDING AREAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEADOWS REGIONAL MEDICAL CENTER, INC. (MRMC) OPERATES A LICENSED 57-BED GENERAL ACUTE HOSPITAL WHICH IS OWNED BY THE TOOMBS COUNTY HOSPITAL AUTHORITY (AUTHORITY). THE AUTHORITY IS AN INSTRUMENT OF TOOMBS COUNTY, GEORGIA, AND IS EXEMPT FROM TAXATION AS A GOVERNMENTAL ENTITY. MRMC OPERATES THE HOSPITAL FOR THE BENEFIT OF THE AUTHORITY UNDER A LEASE AGREEMENT. MRMC OPERATES THE HOSPITAL SO AS TO ASSURE THE CONTINUED PROVISION OF ADEQUATE HOSPITAL FACILITIES AND HEALTH CARE TO THE VIDALIA AND TOOMBS COUNTY COMMUNITIES SERVED BY THE HOSPITAL. SEE SCHEDULE O MRMC IS A COMMUNITY HOSPITAL OPERATED FOR THE BENEFIT OF THE RESIDENTS OF THE VIDALIA AND TOOMBS COUNTY REGION. ITS GOVERNING BODY IS COMPOSED OF MEMBERS OF THE COMMUNITY. MEDICAL STAFF PRIVILEGES ARE AVAILABLE TO ALL QUALIFIED PHYSICIANS IN THE AREA, CONSISTENT WITH THE SIZE AND NATURE OF THE HOSPITAL'S FACILITIES. MRMC OPERATES A FULL-TIME EMERGENCY ROOM, AND NO ONE REQUIRING EMERGENCY CARE IS DENIED TREATMENT. MRMC ALSO PROVIDES TREATMENT, WITHOUT COMPENSATION, TO INDIGENT PATIENTS IN ACCORDANCE WITH THE REQUIREMENTS OF FEDERAL REGULATIONS.
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 |
|---|---|---|---|
James Alan Kent CEO | OfficerTrustee | 40 | $812,402 |
Henry Cline MD Physician | 40 | $618,685 | |
Amulya Sinha MD Director | Trustee | 41 | $566,985 |
Frank Gibase MD Physician | 40 | $547,616 | |
Julie Ann Fitzgerald MD Physician | 40 | $454,579 | |
Laila Mozdab MD Physician | 40 | $422,003 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Baker Donelson Legal | 6/29/21 | $1,486,633 |
Arnall Golden Gregory Llp Legal Services | 6/29/21 | $728,555 |
Sound Physicians Hospitalists | 6/29/21 | $1,041,988 |
Medical Solutions Llc Nursing Labor | 6/29/21 | $1,736,118 |
Weatherby Locums Inc Physician | 6/29/21 | $1,630,216 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,590,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $555,886 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,145,886 |
| Total Program Service Revenue | $86,585,661 |
| Investment income | $185,191 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $77,226 |
| Net Gain/Loss on Asset Sales | $3,002,003 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $94,571,212 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,125 |
| Grants and other assistance to domestic individuals. | $7,007 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,399,136 |
| Compensation of current officers, directors, key employees. | $1,399,136 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,287,267 |
| Pension plan accruals and contributions | $960,844 |
| Other employee benefits | $6,644,294 |
| Payroll taxes | $2,727,468 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,016,164 |
| Fees for services: Accounting | $1,474,943 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,240,804 |
| Advertising and promotion | $101,896 |
| Office expenses | $6,829,338 |
| Information technology | $117,394 |
| Royalties | $0 |
| Occupancy | $3,429,794 |
| Travel | $92,288 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,651 |
| Interest | $224 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,927,952 |
| Insurance | $1,973,568 |
| All other expenses | $395,637 |
| Total functional expenses | $104,816,503 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,969,588 |
| Savings and temporary cash investments | $7,933,962 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $111,857 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $437,569 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $145,673,774 |
| Total assets | $156,126,750 |
| Accounts payable and accrued expenses | $3,716,410 |
| Grants payable | $0 |
| Deferred revenue | $1,232,997 |
| 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 | $4,199,517 |
| Total liabilities | $9,148,924 |
| Net assets without donor restrictions | $146,977,826 |
| 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 | $156,126,750 |
Grants Awarded
Over the last fiscal year, Meadows Regional Medical Center Inc has awarded $315,518 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Vidalia, GA PURPOSE: RN PROGRAM | $134,459 |
Vidalia, GA PURPOSE: RN PROGRAM | $134,459 |
Vidalia, GA PURPOSE: OPERATIONS | $8,300 |
Vidalia, GA PURPOSE: OPERATIONS | $8,300 |
TOOMBS COUNTY AFTER SCHOOL PURPOSE: OPERATIONS | $7,500 |
TOOMBS COUNTY AFTER SCHOOL PURPOSE: OPERATIONS | $7,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Meadows Regional Medical Center Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Georgia Center For Oncology Research And Education Inc Atlanta, GA PURPOSE: Georgia Access to Care, Treatment, and Services (ACTS) Breast Cancer Grant | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
First Health Of The Carolinas Inc Pinehurst, NC | $1,544,188,654 | $986,400,718 |
University Community Hospital Inc Tampa, FL | $1,235,213,568 | $915,701,443 |
Morton Plant Hospital Association Inc Clearwater, FL | $1,389,589,934 | $934,836,650 |
Mount Sinai Medical Center Of Florida Inc Miami Beach, FL | $992,427,664 | $901,856,611 |
Shands Jacksonville Medical Center Inc Jacksonville, FL | $750,537,278 | $894,366,475 |
Lakeland Regional Medical Center Inc Lakeland, FL | $799,528,886 | $860,757,084 |
Tallahassee Memorial Healthcare Inc Tallahassee, FL | $1,130,180,703 | $783,859,263 |
Mountain States Health Alliance Johnson City, TN | $556,120,495 | $805,201,599 |
Baptist Hospital Inc Pensacola, FL | $1,048,797,666 | $758,112,762 |
Baptist Memorial Hospital Memphis, TN | $691,981,947 | $770,663,628 |
Medical Center Of Central Georgia Inc Macon, GA | $1,397,526,718 | $800,413,800 |
Mcleod Regional Medical Center Of The Pee Dee Inc Florence, SC | $2,090,467,381 | $796,571,278 |