Mississippi Hospital Association
- Assets
- $29.3m
- Revenue
- $9.2m
- Investments
- $12.9m
- Employees
- 25
- Location
- Madison, MS
- Founding
- 01/1939
- Data as of
- 06/2022
- EIN
- 64-0411249
Organization Overview
Mississippi Hospital Association is located in Madison, MS. The organization was established in 1939. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 06/2022, Mississippi Hospital Association employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi Hospital Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Mississippi Hospital Association generated $9.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $6.7m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mississippi Hospital Association has awarded 38 individual grants totaling $12,474,879. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE EXCELLENCE IN HEALTH SERVICES THROUGH SERVICES IN ADVOCACY, EDUCATION AND INFORMATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE EXCELLENCE IN HEALTH SERVICES THROUGH SERVICES IN ADVOCACY, EDUCATION AND INFORMATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy H Moore President/ceo | OfficerTrustee | 40 | $784,068 |
Kim Hoover Chief Operating Officer | Officer | 20 | $357,874 |
Thomas Roberson V.P. Of State Advocacy | Officer | 40 | $288,573 |
Richard Grimes Cfo-Mha; Exec Dir - Mhefa | Officer | 20 | $283,878 |
Larry Chapman VP Of It | 40 | $224,817 | |
Steve Lesley Director Of Data Services | 40 | $145,081 |
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 | $7,913,419 |
| Investment income | $471,577 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $192,386 |
| Net Gain/Loss on Asset Sales | $231,086 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,179,556 |
| 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 | $3,326,104 |
| Pension plan accruals and contributions | $394,131 |
| Other employee benefits | $183,995 |
| Payroll taxes | $162,440 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $29,390 |
| Fees for services: Accounting | $40,897 |
| Fees for services: Lobbying | $6,861 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $28,014 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $231,754 |
| Travel | $65,915 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $244,663 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $298,422 |
| Insurance | $0 |
| All other expenses | $229,127 |
| Total functional expenses | $6,701,218 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,551,311 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $582,506 |
| Loans from Officers, Directors, or Controlling Persons | $1,559,459 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $238,878 |
| Net Land, buildings, and equipment | $2,875,016 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $12,856,920 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,681,306 |
| Total assets | $29,345,396 |
| Accounts payable and accrued expenses | $1,195,817 |
| Grants payable | $0 |
| Deferred revenue | $2,406,840 |
| 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 | $1,838,101 |
| Total liabilities | $5,440,758 |
| Net assets without donor restrictions | $23,904,638 |
| 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 | $29,345,396 |
Grants Awarded
Over the last fiscal year, Mississippi Hospital Association has awarded $2,940,611 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
SELECT SPECIALTY HOSPITAL - JACKSON INC PURPOSE: ASSIST IN PROVIDING HIGH QUALITY CARE FOR PATIENTS | $808,678 |
SELECT SPECIALTY HOSPITAL - GULF COAST PURPOSE: ASSIST IN PROVIDING HIGH QUALITY CARE FOR PATIENTS | $719,124 |
KPC PROMISE OF VICKSBURG PURPOSE: ASSIST IN PROVIDING HIGH QUALITY CARE FOR PATIENTS | $426,185 |
SELECT SPECIALTY HOSPITAL - BELHAVEN PURPOSE: ASSIST IN PROVIDING HIGH QUALITY CARE FOR PATIENTS | $332,558 |
REGENCY HOSPITAL OF MERIDIAN PURPOSE: ASSIST IN PROVIDING HIGH QUALITY CARE FOR PATIENTS | $234,180 |
Jackson, MS PURPOSE: ASSIST IN PROVIDING HIGH QUALITY CARE FOR PATIENTS | $222,035 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tennessee Hospital Association Brentwood, TN | $59,191,608 | $16,937,384 |
Alabama Hospital Association Inc Montgomery, AL | $12,106,181 | $10,432,234 |
Mississippi Hospital Association Madison, MS | $29,345,396 | $9,179,556 |
Louisiana Hospital Association Baton Rouge, LA | $30,214,425 | $7,576,001 |
Charles Henderson Memorial Association Troy, AL | $113,144,232 | $4,786,354 |
Medical Association Of The State Of Alabama Montgomery, AL | $7,781,804 | $4,117,229 |
Tennessee Medical Association Nashville, TN | $7,798,843 | $4,705,353 |
Louisiana Nursing Home Association Inc Baton Rouge, LA | $5,391,426 | $2,925,996 |
Rural Hospital Coalition Inc Baton Rouge, LA | $3,209,357 | $1,746,979 |
Louisiana State Medical Society Baton Rouge, LA | $4,710,384 | $3,864,259 |
Tennessee Dental Association Franklin, TN | $3,639,067 | $1,559,377 |
Southern Medical Association Birmingham, AL | $7,313,333 | $1,111,448 |