Meriwether Health Properties Inc

EIN: 261150091 501(c)(3) Health Care

Warm Springs, GA

Total Revenue
$2,640,699
Total Expenses
$155,000
Total Assets
$8,540,626
Net Assets
$8,521,126
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
GA
Principal Officer
Bob Patterson
Phone
7066553812
Tax Period
2023-01-01 to 2023-12-31

Meriwether Health Properties Inc, founded in 2007, is a community nonprofit in the Health Care sector that reported $2.6M in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.5M, a strong 94% operating margin.

Mission

The Corporation is organized to provide hospital care, nursing home care and all other types of health care and the making of distributions to organizations that qualify as exempt organizations under 26 U.S.C. Section 501 (c) (3)

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,640,699
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,640,699

Expense Breakdown

Grants Paid $0
Salaries & Benefits $155,000
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $155,000

Year-over-Year Comparison

2023 2022 Change
Revenue $2,640,699 $2,088,805 +0.3%
Expenses $155,000 N/A N/A
Net Income $2,485,699 $2,088,805 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$155,000
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chief Executive Officer President & CEO 40.00
Officer
$155,000 $0 $155,000
Director of Pharmacy N/A 40.00
$150,000 $0 $150,000
Chief Nursing Officer N/A 40.00
$115,000 $0 $115,000
Nurse Practitioner N/A 40.00
$115,000 $0 $115,000
Licensed Nursing Home Administrator N/A 40.00
$115,000 $0 $115,000
Director of Nurses LTC Unit N/A 40.00
$110,000 $0 $110,000
Bob Patterson Chairman 1.00
Officer Director
$0 $0 $0
Victor Lambert Director 1.00
Director
$0 $0 $0
Rusti Houston Director 1.00
Director
$0 $0 $0
Quardez Warrior Director 1.00
Director
$0 $0 $0
Jim Mabon Secretary/Treas 1.00
Officer Director
$0 $0 $0
Dr Allan Moore Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $2,640,699 $155,000 $8,540,626 $2,485,699
2022 $2,088,805 No data $6,054,927 No data
2021 $2,364,825 No data $3,966,122 No data
2020 No data $355,399 $1,601,297 No data
2019 $585,363 No data $1,956,696 No data
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