BENSON AREA MEDICAL CENTER INC

EIN: 561181412 501(c)(3)

BENSON, NC

Total Revenue
$3,411,544
Total Expenses
$3,638,571
Total Assets
$1,589,981
Net Assets
$85,007
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
NC
Principal Officer
GREG MOODY
Phone
9198942011
Tax Period
2024-07-01 to 2025-06-30

BENSON AREA MEDICAL CENTER INC, founded in 1977, is a community nonprofit that reported $3.4M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.

Mission

HEALTHCARE SERVICES

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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 $376,096
Program Service Revenue $3,005,521
Investment Income $531
Other Revenue $29,396
TOTAL REVENUE $3,411,544

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,652,342
Fundraising Expenses $0
Program Expenses $1,852,460
Other Expenses $986,229
TOTAL EXPENSES $3,638,571

Year-over-Year Comparison

2024 2023 Change
Revenue $3,411,544 $3,746,300 -0.1%
Expenses $3,638,571 $3,931,070 -0.1%
Net Income $-227,027 $-184,770 +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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Governance

Voting Members
12
Independent Members
12
Employees
53
Volunteers
7

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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EUGENE MAYNARD MEDICAL DIRE N/A
Highest
$369,498 $0 $369,498
ROBERT MATTHEWS PHYSICIAN N/A
Highest
$170,249 $0 $170,249
MYRON ADAMS DOCTOR N/A
Highest
$152,218 $0 $152,218
MARILYN AKYEA DOCTOR N/A
Highest
$139,851 $0 $139,851
DRUCILLA ADAMS SECRETARY N/A
Officer Director
$0 $0 $0
MECHELLE ALFORD BOARD MEMBER N/A
Director
$0 $0 $0
ANNE BRASWELL CHAIRMAN N/A
Officer Director
$0 $0 $0
SUZANNE COOK BOARD MEMBER N/A
Director
$0 $0 $0
ELAINE ELLIS TREASURER N/A
Officer Director
$0 $0 $0
BETH HOCKADAY VICE-CHAIRMA N/A
Director
$0 $0 $0
BRENT HONEYCUTT BOARD MEMBER N/A
Director
$0 $0 $0
EDWIN KEARSE BOARD MEMBER N/A
Director
$0 $0 $0
STEPHANIE LUNA BOARD MEMBER N/A
Director
$0 $0 $0
JACKIE MCLAMB BOARD MEMBER N/A
Director
$0 $0 $0
GREG MOODY CEO N/A
Officer
$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
2025 $3,411,544 $3,638,571 $1,589,981 $-227,027
2024 $3,746,300 $3,931,070 $1,680,144 $-184,770
2023 $3,120,399 $3,646,433 $2,168,133 $-526,034
2022 $3,715,551 $4,330,252 $2,306,040 $-614,701
2021 $4,574,891 $4,185,472 $2,681,734 $389,419
2020 $4,164,326 $4,118,453 $2,860,130 $45,873
2019 $3,598,906 $3,976,032 $2,052,019 $-377,126
2018 $3,758,228 $3,654,729 $2,388,682 $103,499
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