Citizens Memorial Health Care Foundation

EIN: 431425356 501(c)(3) Health Care

Bolivar, MO

Total Revenue
$74,818,514
Total Expenses
$67,134,467
Total Assets
$62,966,554
Net Assets
$27,405,347
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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
MO
Phone
4173266000
Tax Period
2024-06-01 to 2025-05-31

Citizens Memorial Health Care Foundation, founded in 1986, is a mid-sized nonprofit in the Health Care sector that reported $74.8M in total revenue in fiscal year 2024. Expenses of $67.1M left a modest 10% surplus.

Mission

TO SUPPORT AND ASSIST CITIZENS MEMORIAL HOSPITAL DISTRICT, OR ITS SUCCESSORS, OR ANY HEALTH CARE INSTITUTION WITH WHICH IT MAY MERGE.

Program Service Accomplishments

Program 1
Expenses: $41,331,322 Revenue: $51,197,008

PROVIDE LONG TERM CARE SERVICES TO MEDICAID RECIPIENTS (APPROXIMATELY 106,578 RESIDENT DAYS) IN SKILLED FACILITIES. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.

Program 2
Expenses: $7,185,595 Revenue: $8,702,392

WE OFFER CARE AT EVERY STAGE OF LIFE BY PROVIDING HOME CARE, INDEPENDENT LIVING, RESIDENTIAL CARE AND SKILLED NURSING (LONG TERM CARE) FACILITIES. ALL FACILITIES OFFER RESIDENT AND FAMILY SERVICES...

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WE OFFER CARE AT EVERY STAGE OF LIFE BY PROVIDING HOME CARE, INDEPENDENT LIVING, RESIDENTIAL CARE AND SKILLED NURSING (LONG TERM CARE) FACILITIES. ALL FACILITIES OFFER RESIDENT AND FAMILY SERVICES INCLUDING SOCIAL SERVICES; DAILY ACTIVITIES A MONTHLY OUTINGS; BEAUTY AND BARBER SERVICES; VISITS FROM COMMUNITY AND SCHOOL ORGANIZATIONS; AND LAUNDRY, CHURCH AND PHARMACY SERVICES. MONTHLY FAMILY SUPPORT GROUPS AND RESIDENT CARE PLANNING MEETING ASSIST FAMILY MEMBERS WITH EDUCATION AND RESOURCES TO ENHANCE THE QUALITY OF TIME SHARED WITH LOVED ONES. IN ADDITION, IF PATIENTS NEED A LITTLE EXTRA HELP, HOMEMAKER PLUS CAN HELP THEM REMAIN INDEPENDENT IN THEIR HOME. (CONTINUED ON SCHEDULE O)

Program 3
Expenses: $6,454,221 Revenue: $7,282,729

PROVIDE HOME CHORE SERVICES TO PEOPLE LIVING AT HOME BUT UNABLE TO COMPLETELY CARE FOR THEMSELVES. THROUGH HOMEMAKER PLUS, 3,231 SERVICE UNITS WERE PROVIDED THROUGH LIGHT HOUSEKEEPING, LAUNDRY...

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PROVIDE HOME CHORE SERVICES TO PEOPLE LIVING AT HOME BUT UNABLE TO COMPLETELY CARE FOR THEMSELVES. THROUGH HOMEMAKER PLUS, 3,231 SERVICE UNITS WERE PROVIDED THROUGH LIGHT HOUSEKEEPING, LAUNDRY, SHOPPING AND RESPITE CARE SERVICES. DURING THE FISCAL YEAR, HOME HEALTH VISITS TOTALED 17,701 AND HOSPICE PATIENT DAYS WERE 30,255. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,605,830
Program Service Revenue $68,663,269
Investment Income $340,960
Other Revenue $4,208,455
TOTAL REVENUE $74,818,514

Expense Breakdown

Grants Paid $937,380
Salaries & Benefits $42,691,853
Fundraising Expenses $11,424
Program Expenses $54,971,138
Other Expenses $23,505,234
TOTAL EXPENSES $67,134,467

Year-over-Year Comparison

2024 2023 Change
Revenue $74,818,514 $75,229,528 0.0%
Expenses $67,134,467 $74,070,425 -0.1%
Net Income $7,684,047 $1,159,103 +5.6%
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
9
Independent Members
5
Employees
1277
Volunteers
78

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
$1,248,837
Total Directors
9
$1,137,577
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JANIECA HANCOCK PRESIDENT 1.0
Officer Director
$0 $0 $0
JOHN KALLENBACH VICE PRESIDENT 1.0
Officer Director
$0 $0 $0
MICHAEL CALHOUN EXECUTIVE DIRECTOR 20.0
Officer Director
$0 $22,805 $463,942
D MICHELLE MEENTS BOARD MEMBER / PHYSICIAN 1.0
Director
$0 $15,181 $382,615
DONALD J BABB BOARD MEMBER 1.0
Director
$0 $0 $0
GARY D FULBRIGHT BOARD MEMBER 1.0
Director
$0 $0 $51,192
JAMES ASHWORTH BOARD MEMBER 1.0
Director
$0 $0 $0
K RONALD SMITH BOARD MEMBER / PHYSICIAN 20.0
Director
$0 $460 $239,828
KATRINA BANNER BOARD MEMBER 1.0
Director
$0 $0 $0
BEVERLY DERRICKSON CHIEF OPERATING OFFICER 45.0
Officer
$227,711 $6,663 $234,374
ERAN DAWSON SECRETARY - NONVOTING 1.0
Officer
$0 $15,872 $84,609
HEATHER FINNELL DIRECTOR OF FINANCE 20.0
Officer
$0 $15,945 $159,816
RENEE MEYER TREASURER - NONVOTING 20.0
Officer
$0 $12,591 $306,096
CHRISTOPHER MCBRATNEY ADMINISTRATIVE DIRECTOR 45.0
Highest
$189,431 $16,972 $206,403
CYNTHIA HADFIELD PHARMACIST 45.0
Highest
$154,558 $11,907 $166,465
RACHEL WILHITE DIRECTOR OF LONG-TERM CARE NURSING OPERATIONS 45.0
Highest
$155,118 $11,206 $166,324
SETH ALLEY PHARMACIST 45.0
Highest
$160,875 $14,499 $175,374
TIM FRANCKA DIRECTOR OF LONG-TERM CARE 45.0
Highest
$208,153 $11,822 $219,975
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
2025 $74,818,514 $67,134,467 $62,966,554 $7,684,047
2024 $75,229,528 $74,070,425 $62,369,640 $1,159,103
2023 $72,741,851 $71,032,493 $66,493,514 $1,709,358
2022 $63,247,284 $64,413,562 $45,218,977 $-1,166,278
2021 $61,298,022 $61,659,538 $47,945,812 $-361,516
2020 $54,554,815 $55,927,657 $49,851,782 $-1,372,842
2019 $51,579,885 $51,426,969 $48,571,243 $152,916
2018 $48,367,874 $48,584,736 $46,475,363 $-216,862
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