Self Memorial Regional Health Services Inc

EIN: 570873845 501(c)(3) Health Care

Greenwood, SC

Total Revenue
$5,218,108
Total Expenses
$4,895,012
Total Assets
$10,753,916
Net Assets
$10,236,488
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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
1987
Legal Domicile
SC
Phone
8642274255
Tax Period
2023-10-01 to 2024-09-30

Self Memorial Regional Health Services Inc, founded in 1987, is a community nonprofit in the Health Care sector that reported $5.2M in total revenue in fiscal year 2023. Expenses of $4.9M left a modest 6% surplus.

Mission

THE MISSION OF SELF MEMORIAL REGIONAL HEALTH SERVICES IS TO PROVIDE SUPPORT TO SELF REGIONAL HEALTHCARE.

Program Service Accomplishments

Program 1
Expenses: $4,895,012 Revenue: $324,348

SELF MEMORIAL REGIONAL HEALTH SERVICES (SMRHS) IS A 501(C)(3) ORGANIZATION THAT PROVIDES HEALTHCARE RELATED SERVICES TO THE RESIDENTS OF GREENWOOD COUNTY AND THE SURROUNDING AREAS. FURTHER, THE...

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SELF MEMORIAL REGIONAL HEALTH SERVICES (SMRHS) IS A 501(C)(3) ORGANIZATION THAT PROVIDES HEALTHCARE RELATED SERVICES TO THE RESIDENTS OF GREENWOOD COUNTY AND THE SURROUNDING AREAS. FURTHER, THE ORGANIZATION IS DEDICATED TO SUPPORTING RELATED ENTITY SELF REGIONAL HEALTHCARE IN ACCOMPLISHING ITS MISSION.

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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 $0
Program Service Revenue $5,218,108
Investment Income $0
Other Revenue $0
TOTAL REVENUE $5,218,108

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,876,076
Fundraising Expenses $0
Program Expenses $4,895,012
Other Expenses $3,018,936
TOTAL EXPENSES $4,895,012

Year-over-Year Comparison

2023 2022 Change
Revenue $5,218,108 $5,213,366 +0.0%
Expenses $4,895,012 $4,866,894 +0.0%
Net Income $323,096 $346,472 -0.1%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
2
Employees
N/A
Volunteers
N/A

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
1
$855,020
Total Directors
3
$855,020
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Matthew Logan MD Chair 1.0
Officer Director
$0 $34,192 $855,020
Linda McDonald Board Member 1.0
Director
$0 $0 $0
W David Hastings Board Member 1.0
Director
$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
2024 $5,218,108 $4,895,012 $10,753,916 $323,096
2023 $5,213,366 $4,866,894 $11,001,642 $346,472
2022 $4,698,249 $4,214,817 $9,849,222 $483,432
2021 $4,843,115 $4,297,249 $9,397,769 $545,866
2020 $165,521 No data $4,574,598 No data
2019 $261,322 No data $4,409,077 No data
2018 $866,975 No data $5,659,162 No data
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