Southeast Regional Primary Care Corporation
- Assets
- $284.9k
- Revenue
- $12.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Vidalia, GA
- Founding
- 07/1996
- Data as of
- 06/2021
- EIN
- 58-2094737
Organization Overview
Southeast Regional Primary Care Corporation, operating under the name Meadows Medical Group, is located in Vidalia, GA. The organization was established in 1996. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meadows Medical Group 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 Medical Group generated $12.0m 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 (12.7%) each year. All expenses for the organization totaled $23.4m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (8.3%) per year over the past 6 years. 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 OPERATE VARIOUS PHYSICIAN PRACTICES IN ORDER TO SUPPORT THE DELIVERY OF QUALITY HEALTH CARE SERVICES IN THE TOOMBS COUNTY AND THE SURROUNDING AREAS AND PROVIDE SUPPORT FOR THE PROGRAMS AND ACTIVITIES OF MEADOWS REGIONAL MEDICAL CENTER, INC. (MRMC), A 501(C)(3) ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE PHYSICIANS AND SUPPORT FOR THE PROGRAMS AND ACTIVITIES OF MEADOWS REGIONAL MEDICAL CENTER, INC., A 501(C)(3) ACUTE CARE HOSPITAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Alan Kent Ceo/chair | OfficerTrustee | 1 | $0 |
Kurt Hofmann MD Member | OfficerTrustee | 41 | $0 |
Tony O'steen CFO | Officer | 1 | $0 |
Mike Calhoun Acting Presi | Officer | 1 | $0 |
Stephen Tiley DO Member | Trustee | 1 | $0 |
Stanley Morgan MD Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Weatherby Locums Inc Physician Serv. | 6/29/21 | $2,937,261 |
Toombs Emergency Group Pc Emergency Svc | 6/29/21 | $324,220 |
Jackson & Coker Locumtenens Llc Physician Serv. | 6/29/21 | $318,384 |
Cloudwave Healthcare It It | 6/29/21 | $409,888 |
Superior Janitorial Group Llc Janatorial | 6/29/21 | $132,248 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $12,350,399 |
| Investment income | $17,021 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$10,354 |
| Net Gain/Loss on Asset Sales | -$767,578 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,032,928 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,336,384 |
| Pension plan accruals and contributions | $463,239 |
| Other employee benefits | $45,900 |
| Payroll taxes | $708,833 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $3,691,019 |
| Advertising and promotion | $16,910 |
| Office expenses | $360,448 |
| Information technology | $2,026 |
| Royalties | $0 |
| Occupancy | $597,243 |
| Travel | $160,732 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $52,579 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $167,922 |
| Insurance | $465,179 |
| All other expenses | $5 |
| Total functional expenses | $23,437,374 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $284,890 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $284,890 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $118,565,598 |
| Total liabilities | $118,565,598 |
| Net assets without donor restrictions | -$118,280,708 |
| 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 | $284,890 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Morton Plant Mease Health Services Inc Clearwater, FL | $47,164,450 | $51,425,427 |
Genesis Health Inc Jacksonville, FL | $653,224,899 | $57,247,537 |
Morton Plant Mease Health Care Inc Clearwater, FL | $1,413,259,583 | $40,795,652 |
Childrens Healthcare Of Atlanta Inc Atlanta, GA | $8,642,131,252 | $273,611,530 |
Phoebe Putney Health Systems Inc Albany, GA | $658,120,525 | $73,745,193 |
Wakemed Raleigh, NC | $319,222,964 | $30,125,616 |
Positive Health Alliance Inc West Palm Beach, FL | $6,721,470 | $29,198,411 |
North Carolina Community Health Center Association Raleigh, NC | $3,052,612 | $26,747,196 |
Associated Health Services Inc Durham, NC | $37,513,623 | $28,247,702 |
St Josephs Health Care Center Inc Tampa, FL | $827,469,003 | $23,922,000 |
Southeast Regional Primary Care Corporation Vidalia, GA | $284,890 | $12,032,928 |
Nea Baptist Health System Inc Memphis, TN | $0 | $22,003,068 |