Stevens Community Medical Center

EIN: 363311936 501(c)(3) Health Care

Morris, MN

Total Revenue
$52,314,827
Total Expenses
$46,825,983
Total Assets
$78,520,714
Net Assets
$69,973,013
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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
MN
Principal Officer
Kerrie McEvilly
Phone
3205891313
Tax Period
2023-01-01 to 2023-12-31

Stevens Community Medical Center, founded in 1984, is a mid-sized nonprofit in the Health Care sector that reported $52.3M in total revenue in fiscal year 2023. Expenses of $46.8M left a modest 10% surplus.

Mission

Stevens Community Medical Center's mission is to strive for excellence in the delivery of inpatient and outpatient care through cooperation with qualified health care providers; through the provision of appropriate facilities and technology; and through active promotion of health education among the public.Our pledge to the recipients of this Medical Center's health care is to address their needs in as expert, efficient, compassionate, and convenient manner as possible.

Program Service Accomplishments

Program 1
Expenses: $40,891,746 Revenue: $51,034,058

Stevens Community Medical Center is a not-for-profit integrated health care system. The mission of the Medical Center is to make available high-quality health care. The Medical Center serves the...

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Stevens Community Medical Center is a not-for-profit integrated health care system. The mission of the Medical Center is to make available high-quality health care. The Medical Center serves the population of West Central Minnesota and is becoming a regional health care center."CARING IS OUR REASON FOR BEING"SCMC provides quality medical healthcare regardless of race, creed, sex, national origin, handicap, age or ability to pay. Although reimbursement for services rendered is critical to the operation and stability of SCMC, it is recognized that not all individuals possess the ability to purchase essential medical services. To further that, our mission is to serve the community with respect to providing health care services and health care education. For example, the Medical Center is committed to provide medical services to all members of its community, provide free care and/or subsidized care, promote health activities and programs to support the community, and provide care to persons covered by governmental programs at below cost. Therefore, financial assistance will be considered where the need and/or an individual's inability to pay exists. SCMC had 40,155 hospital outpatient visits, 38,166 clinic and urgent care visits, 1,064 inpatient days, 6,627 outpatient counseling visits, 64 deliveries, 645 surgeries, 2,697 emergency room visits, and 24,962 therapy treatments in 2023. SCMC also owns and operates the Courage Cottage, an assisted living facility specializing in care for the terminally ill. In 2023, 12 residents were served, and the cost to provide their care was subsidized by community donations.Recognizing its mission to the community, SCMC provides services to Medicare, Medicaid, and other patients covered by governmental programs, sometimes at a reimbursement below cost. The total discounts accepted for providing care to patients was $42,788,326 in 2023. The charges foregone for services supplied under SCMC's charity care policy (free and/or subsidized care) was $940,877 in 2023.Charity care is also provided through many reduced price services and free SCMC programs and information offered throughout the year based on activities and services which SCMC believes will serve a bona fide community need. These include: various brochures to educate patients; staff speaking for a variety of community events including SCMC elderly and adult education; sponsoring a smoking cessation program and a variety of other "wellness" type programs at subsidized cost; providing meeting facilities for various community groups; offering support groups; and providing assistance to educators through our work with student nurses.

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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 $522,109
Program Service Revenue $51,034,058
Investment Income $726,648
Other Revenue $32,012
TOTAL REVENUE $52,314,827

Expense Breakdown

Grants Paid $32,843
Salaries & Benefits $26,097,296
Fundraising Expenses $0
Program Expenses $40,891,746
Other Expenses $20,695,844
TOTAL EXPENSES $46,825,983

Year-over-Year Comparison

2023 2022 Change
Revenue $52,314,827 $50,305,022 +0.0%
Expenses $46,825,983 $44,782,003 +0.0%
Net Income $5,488,844 $5,523,019 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
8
Employees
349
Volunteers
14

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
7
$558,529
Total Directors
12
$1,627,195
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Paul Chair 1.00
Officer Director
$560 $0 $560
Bart Finzel Vice Chair 1.00
Officer Director
$420 $0 $420
Ward Vorhees Secretary 1.00
Officer Director
$540 $0 $540
Jan Hagen Treasurer 1.00
Officer Director
$660 $0 $660
Jodi DeCamp Director 1.00
Director
$450 $0 $450
Paul Martin Director 1.00
Director
$400 $0 $400
Darryl Larson Director 1.00
Director
$450 $0 $450
Rachel Johnson Director 1.00
Director
$400 $0 $400
Toby Christie-Perkins DO Director/Physician 40.00
Director
$305,976 $59,930 $365,906
Jason Huikko MD Director/Physician 40.00
Director
$351,494 $32,204 $383,698
Elizabeth Meichsner MD Director/Physician 40.00
Director
$378,510 $69,798 $448,308
Kerrie McEvilly President/CEO 40.00
Officer Director
$370,164 $55,239 $425,403
Jeffery Lewis Director of Finance (Until Mar) 40.00
Officer
$31,726 $33 $31,759
Sarah Tahtinen CFO (As of July 23) 40.00
Officer
$99,187 $0 $99,187
Brent Barnstuble MD Physician 40.00
Highest
$379,524 $61,432 $440,956
Jason Hughes MD Physician 40.00
Highest
$373,495 $32,204 $405,699
Timothy Jay MD Orthopedic Surgeon 40.00
Highest
$719,627 $51,146 $770,773
Eric Larson CRNA 40.00
Highest
$421,058 $57,307 $478,365
Somkiat Viratyosin MD Surgeon 40.00
Highest
$466,422 $52,256 $518,678
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
2024 No data No data No data No data
2023 $52,314,827 $46,825,983 $78,520,714 $5,488,844
2022 $50,305,022 $44,782,003 $73,500,191 $5,523,019
2021 $52,502,343 $44,610,089 $69,174,057 $7,892,254
2020 $42,365,679 $40,497,515 $65,001,127 $1,868,164
2019 $38,541,913 $37,267,534 $54,944,719 $1,274,379
2018 $40,104,282 $40,072,616 $54,122,623 $31,666
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