PRATT REGIONAL MEDICAL CENTER CORPORATION

EIN: 481058737 501(c)(3) Health Care

PRATT, KS

Total Revenue
$57,699,724
Total Expenses
$67,061,054
Total Assets
$50,904,374
Net Assets
$17,481,611
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
KS
Phone
6206727451
Tax Period
2023-10-01 to 2024-09-30

PRATT REGIONAL MEDICAL CENTER CORPORATION, founded in 1988, is a mid-sized nonprofit in the Health Care sector that reported $57.7M in total revenue in fiscal year 2023. Expenses of $67.1M exceeded revenue, resulting in a 16% operating deficit.

Mission

TO OPERATE A MEDICAL SYSTEM TO DIAGNOSE, TREAT, AND CARE FOR INDIVIDUALS SUFFERING FROM PHYSICAL ILLNESS, DISEASE, INJURY, OR DEFORMITY IN PRATT CO AND ADJACENT AREAS. SUCH CARE SHOULD BE PROVIDED WITH EXCELLENCE AND COMPASSION.

Program Service Accomplishments

Program 1
Expenses: $55,573,010 Revenue: $53,265,558

ACUTE CARE HOSPITAL THAT PROVIDES MEDICAL CARE TO THE GENERAL PUBLIC. PRATT REGIONAL MEDICAL CENTER (PRMC) STRIVES TO PROVIDE EXCELLENT AND COMPASSIONATE HEALTHCARE SERVICES. AS A COMMUNITY...

Read more

ACUTE CARE HOSPITAL THAT PROVIDES MEDICAL CARE TO THE GENERAL PUBLIC. PRATT REGIONAL MEDICAL CENTER (PRMC) STRIVES TO PROVIDE EXCELLENT AND COMPASSIONATE HEALTHCARE SERVICES. AS A COMMUNITY NOT-FOR-PROFIT ORGANIZATION, WE TAKE SERIOUSLY OUR RESPONSIBILITY TO INVEST OUR RESOURCES AND ENERGIES INTO UNDERSTANDING AND MEETING THE DIVERSE HEALTHCARE NEEDS OF ALL AND ENSURE THAT EVERYONE, REGARDLESS OF THEIR ABILITY TO PAY, RECEIVES THE CARE THEY NEED. IN FY 2024, PRMC PROVIDED OVER $500K IN CHARITY CARE AND CONTINUES TO FINANCIALLY SUPPORT THE AGAPE CLINIC - CONTRIBUTING OVER $9K DURING THIS PERIOD. PRMC FOCUSED RECRUITMENT AND RETENTION EFFORTS BY AWARDING OVER $68K IN CONTINUED EDUCATION. PRMC EMPLOYS OVER 300 EMPLOYEES IN BOTH FULL AND PART-TIME POSITIONS - MAKING IT THE LARGEST EMPLOYER IN PRATT COUNTY. IN FY 2024, PRMC SUPPORTED THE LOCAL ECONOMY BY CONTRIBUTING OVER $31M TOWARDS SALARIES AND BENEFITS AND AN ADDITIONAL $1.4M IN UTILITIES TO HELP OPERATE THE FACILITY. PRMC BRINGS ENORMOUS VALUE TO THE PRATT COMMUNITY THROUGH QUALITY HEALTHCARE SERVICES AND EMPLOYMENT OPPORTUNITIES. OUR TOP-NOTCH PHYSICIANS PROVIDE PATIENT-CENTERED CARE IN A WIDE VARIETY OF SPECIALTIES. OUR MEDICAL STAFF IS COMPRISED OF FIVE FAMILY PRACTICE PHYSICIANS, FOUR INTERNISTS, THREE ORTHOPEDIC SURGEONS, TWO GENERAL SURGEONS, ONE GYNECOLOGY SURGEON, AND ONE PODIATRY SURGEON. PRMC HAS BEEN SUCCESSFUL AT MEETING HIGH-QUALITY HEALTHCARE NEEDS FOR THE PAST SEVENTY-SIX YEARS. IT IS PRMC'S VISION TO CONTINUE MEETING THOSE EXPECTATIONS AND BECOMING THE HEALTHCARE PROVIDER OF CHOICE FOR SOUTH-CENTRAL AND WESTERN KANSAS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,309,004
Program Service Revenue $53,138,790
Investment Income $278,611
Other Revenue $2,973,319
TOTAL REVENUE $57,699,724

Expense Breakdown

Grants Paid $100,000
Salaries & Benefits $31,302,291
Fundraising Expenses $0
Program Expenses $55,573,010
Other Expenses $35,658,763
TOTAL EXPENSES $67,061,054

Year-over-Year Comparison

2023 2022 Change
Revenue $57,699,724 $56,772,856 +0.0%
Expenses $67,061,054 $60,049,487 +0.1%
Net Income $-9,361,330 $-3,276,631 +1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
11
Independent Members
9
Employees
434
Volunteers
10

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
$781,487
Total Directors
12
$2,024,351
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BECCA FLOWERS VICE CHAIR 1.0
Officer Director
$0 $0 $0
BILL KELLER CHAIRMAN 1.0
Officer Director
$0 $0 $0
AARON ZOOK MD BOARD MEMBER END 12/23 40.0
Director
$872,517 $21,527 $894,044
DAKOTA HOLTGRIEVE BOARD MEMBER 1.0
Director
$0 $0 $0
GARY BARKER BOARD MEMBER 1.0
Director
$0 $0 $0
JEANETTE SIEMENS BOARD MEMBER 1.0
Director
$0 $0 $0
JOSH NICOLAY BOARD MEMBER 1.0
Director
$0 $0 $0
LORIN HAAS BOARD MEMBER 1.0
Director
$0 $0 $0
LUIS ESPINOZA MD BOARD MEMBER BEG 01/24 40.0
Director
$532,293 $29,472 $561,765
SCOTT GORDON DPM BOARD MEMBER 40.0
Director
$535,526 $33,016 $568,542
SUZANNE MOORE BOARD MEMBER 1.0
Director
$0 $0 $0
WAKON FOWLER MD BOARD MEMBER 1.0
Director
$0 $0 $0
ALAN WAITES TREASURER/ VP / CFO 39.0
Officer
$221,148 $22,774 $243,922
NANCY BAILEY SECRETARY 39.0
Officer
$51,910 $19,590 $71,500
SHELLY LITTLE V.P. / CNO BEG 06/24 39.0
Officer
$0 $0 $0
TAMMY SMITH PRESIDENT / CEO 39.0
Officer
$311,434 $19,068 $330,502
TRACY JOHNSON CNO END 06/24 39.0
Officer
$130,992 $4,571 $135,563
ALAN PRIBIL M.D. 40.0
Highest
$536,953 $48,420 $585,373
ALEXANDER NEEL M.D. 40.0
Highest
$854,494 $41,990 $896,484
IAN KOVACH M.D. 40.0
Highest
$752,552 $35,711 $788,263
RACHAEL HAUSER M.D. 40.0
Highest
$513,096 $5,941 $519,037
ROBERT HARRIS M.D. 40.0
Highest
$620,792 $22,624 $643,416
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 $57,699,724 $67,061,054 $50,904,374 $-9,361,330
2023 $56,772,856 $60,049,487 $54,206,773 $-3,276,631
2022 $57,027,372 $58,439,875 $55,374,258 $-1,412,503
2021 $54,694,959 $54,867,206 $65,532,803 $-172,247
2020 $53,373,787 $54,543,463 $71,977,037 $-1,169,676
2019 $54,375,465 $55,597,904 $63,212,943 $-1,222,439
2018 $58,171,904 $57,194,768 $64,914,396 $977,136
Explore More Nonprofits
Top 100 Nonprofits in Kansas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PRATT REGIONAL MEDICAL CENTER CORPORATION with other nonprofits in Kansas and across the country.