Rural Medical Services Inc
- Assets
- $13.1m
- Revenue
- $16.3m
- Investments
- $19.7k
- Employees
- 117
- Location
- Newport, TN
- Founding
- 03/1982
- Data as of
- 03/2022
- EIN
- 62-1102683
Organization Overview
Rural Medical Services Inc is located in Newport, TN. The organization was established in 1982. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. As of 03/2022, Rural Medical Services Inc employed 117 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rural Medical 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 03/2022, Rural Medical Services Inc generated $16.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $13.5m during the year ending 03/2022. While expenses have increased by 9.4% 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
THE ORGANIZATION PROVIDES HEALTH CARE TO INDIVIDUALS REGARDLESS OF THEIR ABILITY TO PAY. THIS IS A DIRECT FULFILLMENT OF THEIR TAX EXEMPT PURPOSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES HEALTH CARE REGARDLESS OF THE INDIVIDUALS ABILITY TO PAY. THESE MEDICAL SERVICES ARE PROVIDED IN AREAS THAT HAVE A SHORTAGE OF HEALTH CARE PROVIDERS. THIS IS A DIRECT FULFILLMENT OF THEIR TAX EXEMPT PURPOSE. OVER 41,700 VISITS WERE PROVIDED DURING THE YEAR.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deana Brotherton Medical Director | Officer | 40 | $493,985 |
Lawrence Mathers Physician | 40 | $314,705 | |
Nathan Dewitt Physician | 40 | $294,761 | |
Megan Dewitt Physician | 40 | $201,031 | |
Patricia Conner Physician | 40 | $183,605 | |
George Barton Chief Executive Officer | Officer | 40 | $168,374 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Osis Contract Billing Services | 3/30/22 | $151,988 |
Cloudmed Contract 340b Referral Services | 3/30/22 | $112,333 |
Servoplex Contract It Services | 3/30/22 | $294,945 |
American Esoteric Labratory Contract Lab Services | 3/30/22 | $152,324 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,645,005 |
| All other contributions, gifts, grants, and similar amounts not included above | $919,034 |
| Noncash contributions included in lines 1a–1f | $919,034 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,564,039 |
| Total Program Service Revenue | $9,554,537 |
| Investment income | $56,010 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $80,512 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,255,098 |
| 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. | $1,054,760 |
| Compensation of current officers, directors, key employees. | $128,460 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,829,396 |
| Pension plan accruals and contributions | $290,743 |
| Other employee benefits | $282,962 |
| Payroll taxes | $471,543 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $76,686 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $826,180 |
| Advertising and promotion | $72,947 |
| Office expenses | $468,219 |
| Information technology | $40,036 |
| Royalties | $0 |
| Occupancy | $306,454 |
| Travel | $107,904 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $322,192 |
| Insurance | $99,265 |
| All other expenses | $0 |
| Total functional expenses | $13,482,120 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,877,721 |
| Savings and temporary cash investments | $567,710 |
| Pledges and grants receivable | $81,087 |
| Accounts receivable, net | $1,023,087 |
| 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 | $61,929 |
| Net Land, buildings, and equipment | $5,890,167 |
| Investments—publicly traded securities | $2,493,311 |
| Investments—other securities | $19,721 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $77,256 |
| Total assets | $13,091,989 |
| Accounts payable and accrued expenses | $538,475 |
| Grants payable | $0 |
| Deferred revenue | $539,551 |
| 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 | $1,076,882 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,154,908 |
| Net assets without donor restrictions | $10,934,291 |
| Net assets with donor restrictions | $2,790 |
| 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 | $13,091,989 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rural Medical Services Inc has recieved totaling $349,930.
| Awarding Organization | Amount |
|---|---|
Direct Relief Santa Barbara, CA PURPOSE: SUPPORT TO US CLINICS & HEALTH CENTERS FOR LOW-INCOME, UNINSURED PATIENTS | $349,930 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wellmont Cardiology Services Johnson City, TN | $7,928,390 | $49,063,818 |
Careconnect Health Inc Richland, GA | $64,016,478 | $69,742,586 |
St Marys Medical Group Inc Athens, GA | $9,650,726 | $33,044,302 |
Appalachian Regional Medicalassociates Inc Boone, NC | $6,464,399 | $27,609,573 |
Cahaba Medical Care Foundation Centreville, AL | $18,005,567 | $49,779,023 |
Medlink Georgia Inc Colbert, GA | $35,403,477 | $50,106,041 |
Big Sandy Health Care Inc Prestonsburg, KY | $26,374,341 | $40,449,494 |
Rural Health Services Consortium Inc Rogersville, TN | $62,835,076 | $42,021,848 |
Health Services Inc Montgomery, AL | $33,082,379 | $31,965,223 |
Piedmont Access To Health Services Inc Danville, VA | $37,906,542 | $38,343,160 |
Coastal Family Health Center Inc Biloxi, MS | $22,123,495 | $31,619,752 |
Tri County Community Health Council Inc Four Oaks, NC | $27,703,568 | $27,323,166 |