MEMORIAL COMMUNITY HOSPITAL

EIN: 470426285 501(c)(3) Health Care

BLAIR, NE

Total Revenue
$54,123,435
Total Expenses
$47,029,362
Total Assets
$63,204,493
Net Assets
$51,655,187
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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
NE
Principal Officer
JENNIFER NEWBY
Phone
4024262182
Tax Period
2023-01-01 to 2023-12-31

MEMORIAL COMMUNITY HOSPITAL, founded in 1956, is a mid-sized nonprofit in the Health Care sector that reported $54.1M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $47.0M left a modest 13% surplus.

Mission

AS A COMMUNITY HOSPITAL, MEMORIAL COMMUNITY HOSPITAL AND HEALTH SYSTEM OF BLAIR HAS STAYED COMMITTED TO KEEPING RESIDENTS OF WASHINGTON AND BURT COUNTY IN GOOD HEALTH. MEMORIAL COMMUNITY HOSPITAL HAS STRIVEN TO IMPROVE THE HEALTH STATUS OF RURAL NEBRASKA RESIDENTS THROUGH THE FOLLOWING SERVICES: 24-HOUR EMERGENCY CARE WITH HELIPORT ACCOMMODATIONS, LABOR AND DELIVERY AND CARDIOVASCULAR. CARDIOVASCULAR SERVICES INCLUDE THE FOLLOWING NON-INVASIVE DIAGNOSTICS STUDIES SUCH AS EKG, TELEMETRY MONITORING, TREADMILL STRESS TESTING, ECHO CARDIOGRAM, AND STRESS ECHO CARDIOGRAM. MEMORIAL COMMUNITY HOSPITAL AND HEALTH SYSTEM PROVIDES A VARIETY OF SPECIALTY CLINICS LOCATED IN BLAIR. ALLERGY/ASTHMA/IMMUNOLOGY, PAIN MANAGEMENT/ANESTHESIA, CARDIOLOGY, ENDOCRINOLOGY, ENT, GENERAL SURGERY, OB/GYN, NEPHROLOGY, NEUROLOGY, NEUROSURGERY, ONCOLOGY, ORTHOPEDICS, ORTHOTICS/PROSTHETICS, PLASTIC SURGERY, DERMATOLOGY, AND PODIATRY.

Program Service Accomplishments

Program 1
Expenses: $5,971,164 Revenue: $8,736,167

MEMORIAL COMMUNITY HOSPITAL OF BLAIR PROVIDES HEALTH CLINICS FOR THE RESIDENTS OF BLAIR AND SURROUNDING COMMUNITIES WITH HEALTH CARE PROVIDERS IN A VARIETY OF MEDICAL SPECIALTIES. THE HEALTH CLINICS...

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MEMORIAL COMMUNITY HOSPITAL OF BLAIR PROVIDES HEALTH CLINICS FOR THE RESIDENTS OF BLAIR AND SURROUNDING COMMUNITIES WITH HEALTH CARE PROVIDERS IN A VARIETY OF MEDICAL SPECIALTIES. THE HEALTH CLINICS REVENUE OF $8,736,167 IS THE GROSS REVENUE AFTER CONTRACTUAL ADJUSTMENTS.

Program 2
Expenses: $1,799,383 Revenue: $4,114,911

MEMORIAL COMMUNITY HOSPITAL OF BLAIR PROVIDES THE RESIDENTS OF BLAIR AND SURROUNDING COMMUNITIES 24 HOUR EMERGENCY ROOM SERVICES. THE EMERGENCY SERVICES REVENUE OF $4,114,911 IS THE GROSS REVENUE...

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MEMORIAL COMMUNITY HOSPITAL OF BLAIR PROVIDES THE RESIDENTS OF BLAIR AND SURROUNDING COMMUNITIES 24 HOUR EMERGENCY ROOM SERVICES. THE EMERGENCY SERVICES REVENUE OF $4,114,911 IS THE GROSS REVENUE AFTER CONTRACTUAL ADJUSTMENTS.

Program 3
Expenses: $2,273,364 Revenue: $5,177,402

MEMORIAL COMMUNITY HOSPITAL OF BLAIR PROVIDES THE RESIDENTS OF BLAIR AND SURROUNDING COMMUNITIES WITH A VARIETY OF THERAPY SERVICES, INCLUDING PHYSICAL AND OCCUPATIONAL THERAPY, SPEECH THERAPY, SLEEP...

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MEMORIAL COMMUNITY HOSPITAL OF BLAIR PROVIDES THE RESIDENTS OF BLAIR AND SURROUNDING COMMUNITIES WITH A VARIETY OF THERAPY SERVICES, INCLUDING PHYSICAL AND OCCUPATIONAL THERAPY, SPEECH THERAPY, SLEEP STUDIES, AND RESPIRATORY THERAPY. THE THERAPY SERVICES REVENUE OF $5,177,402 IS THE GROSS REVENUE AFTER CONTRACTUAL ADJUSTMENTS.

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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 $365,246
Program Service Revenue $50,570,975
Investment Income $401,719
Other Revenue $2,785,495
TOTAL REVENUE $54,123,435

Expense Breakdown

Grants Paid $0
Salaries & Benefits $27,425,875
Fundraising Expenses $0
Program Expenses $33,792,272
Other Expenses $19,603,487
TOTAL EXPENSES $47,029,362

Year-over-Year Comparison

2023 2022 Change
Revenue $54,123,435 $48,446,301 +0.1%
Expenses $47,029,362 $44,304,997 +0.1%
Net Income $7,094,073 $4,141,304 +0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
7
Employees
341
Volunteers
8

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
$0
Total Directors
8
$611,859
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN SIMONSON MD BOARD MEMBER/PHYSICIAN 40.00
Director
$312,627 $8,465 $321,092
SARAH CHATT TREASURER 1.00
Officer Director
$0 $0 $0
NEIL SMITH SECRETARY 1.00
Officer Director
$0 $0 $0
KYLE ACRE CHAIR 1.00
Officer Director
$0 $0 $0
SANDRA BAUMBERGER MD BOARD MEMBER/PHYSICIAN 40.00
Director
$277,694 $13,073 $290,767
ROBIN CONYERS BOARD MEMBER 1.00
Director
$0 $0 $0
GREGG DRABEK MD VICE CHAIR 25.00
Officer Director
$0 $0 $0
LORI NAHNSEN BOARD MEMBER 1.00
Director
$0 $0 $0
MANUELA WOLF PRESIDENT & CEO 40.00
Officer
$0 $0 $0
TIM SCHNACK FORMER CFO (TERMED 09/23) 40.00
Officer
$0 $0 $0
JENNIFER NEWBY CFO 40.00
Officer
$0 $0 $0
KEVIN SISK MD PHYSICIAN 40.00
Highest
$539,665 $11,423 $551,088
TONY TRAN CRNA 40.00
Highest
$360,131 $13,073 $373,204
JEREMY LEE MD PHYSICIAN 40.00
Highest
$372,311 $4,469 $376,780
SANTOSH KUMAR MD PHYSICIAN 40.00
Highest
$357,826 $14,216 $372,042
AMANDA DUXBURY MD PHYSICIAN 40.00
Highest
$308,553 $11,503 $320,056
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 $54,123,435 $47,029,362 $63,204,493 $7,094,073
2022 $48,446,301 $44,304,997 $56,664,523 $4,141,304
2021 $44,044,678 $39,010,108 $56,275,818 $5,034,570
2020 $40,386,859 $36,913,162 $51,670,710 $3,473,697
2019 $35,076,538 $34,214,961 $46,354,480 $861,577
2018 $33,502,026 $33,057,076 $43,496,345 $444,950
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