COLQUITT REGIONAL HEALTH INC

EIN: 581729544 501(c)(3)

MOULTRIE, GA

Total Revenue
$3,473,259
Total Expenses
$3,229,002
Total Assets
$777,612
Net Assets
$641,554
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
GA
Principal Officer
JAMES L MATNEY
Phone
2299853420
Tax Period
2023-10-01 to 2024-09-30

COLQUITT REGIONAL HEALTH INC, founded in 1988, is a community nonprofit that reported $3.5M in total revenue in fiscal year 2023. Expenses of $3.2M left a modest 7% surplus.

Mission

COLQUITT REGIONAL HEALTH, INC. PROVIDES RURAL HEALTH CLINIC SERVICES, HOME HEALTH SERVICES, COMMUNITY CARE SERVICES, AND TRANSPORTATION SERVICES TO PATIENTS IN THE RURAL AREAS OF COLQUITT COUNTY AND THE SURROUNDING AREAS.

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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 $2,923,113
Investment Income $0
Other Revenue $550,146
TOTAL REVENUE $3,473,259

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,686,546
Fundraising Expenses $0
Program Expenses $2,584,721
Other Expenses $542,456
TOTAL EXPENSES $3,229,002

Year-over-Year Comparison

2023 2022 Change
Revenue $3,473,259 $3,426,606 +0.0%
Expenses $3,229,002 $3,292,889 0.0%
Net Income $244,257 $133,717 +0.8%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
7
Employees
N/A
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
5
$2,922,064
Total Directors
8
$2,218,770
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES L MATNEY CEO/PRESIDEN 1.00
Officer Director
$0 $132,000 $2,218,770
SHAMB PUROHIT FORMER CFO 1.00
$0 $114,425 $675,043
JULIE BHAVNANI CFO 1.00
Officer
$0 $57,671 $516,267
MATTHEW CLIFTON VP 1.00
Highest
$0 $21,673 $307,037
SHANA WERTZ ASST VP 1.00
Officer
$0 $15,173 $187,027
RICHARD BASS BOARD MEMBER 1.00
Director
$0 $0 $0
B DURWOOD DOMINY SECRETARY/TR 1.00
Officer Director
$0 $0 $0
KIRK FRIEDLANDER BOARD MEMBER 1.00
Director
$0 $0 $0
D W ADCOCK MD BOARD MEMBER 1.00
Director
$0 $0 $0
ELAINE BARBER MD BOARD MEMBER 1.00
Director
$0 $0 $0
BROOKS SHELDON CHAIRMAN 1.00
Officer Director
$0 $0 $0
MAUREEN YEARTA BOARD MEMBER 1.00
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 $3,473,259 $3,229,002 $777,612 $244,257
2023 $3,426,606 $3,292,889 $836,152 $133,717
2022 $3,284,308 $3,150,810 $759,212 $133,498
2021 $3,232,215 $3,097,249 $1,117,660 $134,966
2020 $3,387,316 $3,261,496 $914,990 $125,820
2019 $3,548,330 $3,435,336 $1,063,351 $112,994
2018 $3,643,305 $3,560,222 $1,012,010 $83,083
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