NORTH MISSISSIPPI MEDICAL CENTER INC

EIN: 640662976 501(c)(3) Health Care

TUPELO, MS

Total Revenue
$985,057,332
Total Expenses
$901,652,908
Total Assets
$1,625,938,304
Net Assets
$1,119,281,746
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
DE
Phone
6623773978
Tax Period
2023-10-01 to 2024-09-30

NORTH MISSISSIPPI MEDICAL CENTER INC, founded in 1982, is a major nonprofit in the Health Care sector that reported $985.1M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $901.7M left a modest 8% surplus.

Mission

NORTH MS MEDICAL CENTER IS A 650-BED REGIONAL REFERRAL CENTER IN TUPELO, MS THAT SERVES MORE THAN 700,000 PEOPLE IN 24 COUNTIES IN NORTH MS, NORTHWEST AL AND PORTIONS OF TN.

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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 $1,483,519
Program Service Revenue $929,245,532
Investment Income $52,399,366
Other Revenue $1,928,915
TOTAL REVENUE $985,057,332

Expense Breakdown

Grants Paid $269,150
Salaries & Benefits $408,397,731
Fundraising Expenses $0
Program Expenses $830,542,985
Other Expenses $492,986,027
TOTAL EXPENSES $901,652,908

Year-over-Year Comparison

2023 2022 Change
Revenue $985,057,332 $863,319,397 +0.1%
Expenses $901,652,908 $824,509,712 +0.1%
Net Income $83,404,424 $38,809,685 +1.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
5404
Volunteers
88

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
$2,986,455
Total Directors
13
$0
Key Employees
9
$3,484,117
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SAM SLIMAN CHAIRMAN 1.0
Officer Director
$0 $0 $0
BARRY BERTOLET MD DIRECTOR 1.0
Director
$0 $0 $0
CK WHITE MD DIRECTOR 1.0
Director
$0 $0 $0
GARY SPARKMAN DIRECTOR 1.0
Director
$0 $0 $0
JIM GOODWIN DIRECTOR 1.0
Director
$0 $0 $0
KEVIN BURGESS DIRECTOR 1.0
Director
$0 $0 $0
KEVIN CHAPMAN DIRECTOR 1.0
Director
$0 $0 $0
MILAM HUGHES MD DIRECTOR 1.0
Director
$0 $0 $0
MONT BERRY MD DIRECTOR 1.0
Director
$0 $0 $0
RONALD A YOUNG MD DIRECTOR 1.0
Director
$0 $0 $0
SAM PACE MD DIRECTOR 1.0
Director
$0 $0 $0
SCOTT HENDRIX DIRECTOR 1.0
Director
$0 $0 $0
SKIPPER HOLLIMAN DIRECTOR 1.0
Director
$0 $0 $0
BRUCE TOPPIN SECRETARY 10.0
Officer
$0 $14,992 $682,564
DAVID WILSON PRESIDENT 10.0
Officer
$0 $26,700 $1,267,121
SHARON NOBLES TREASURER 10.0
Officer
$0 $29,248 $1,036,770
ANGELA LAMBERT VP - CHIEF NURSING EXECUTIVE 40.0
Key Emp
$339,910 $10,108 $350,018
ANGIE F EVERETT VP - POST ACUTE & REHAB SVC 40.0
Key Emp
$327,127 $14,187 $341,314
DAVID PIZZIMENTI ASSOC CHIEF MEDICAL OFFICER 40.0
Key Emp
$891,272 $11,250 $902,522
DOMINGO VALPUESTA VP - PHARMACY & MED IMAGING 40.0
Key Emp
$253,643 $13,455 $267,098
ELLEN H FRILOUX VP - WOMENS & PEDIATRIC SVC 40.0
Key Emp
$243,316 $7,152 $250,468
LYNN HOLLAND CFO 30.0
Key Emp
$0 $10,611 $361,043
ROBERT SMITH VP - BEHAVIORAL HEALTH 40.0
Key Emp
$205,294 $17,613 $222,907
TODD DAVIS VP - FACILITIES MGMT 40.0
Key Emp
$322,365 $7,329 $329,694
TOMMY R ADAMS ADMINISTRATOR 40.0
Key Emp
$427,176 $31,877 $459,053
BENJAMIN HINTON PHYSICIAN 40.0
Highest
$1,663,217 $26,184 $1,689,401
CARL BEVERING PHYSICIAN 40.0
Highest
$1,429,953 $32,622 $1,462,575
CHARLES KING PHYSICIAN 40.0
Highest
$1,494,389 $30,759 $1,525,148
DAVID TALTON PHYSICIAN 40.0
Highest
$1,740,604 $33,422 $1,774,026
JIAHUAI TAN PHYSICIAN 40.0
Highest
$1,964,008 $22,170 $1,986,178
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 $985,057,332 $901,652,908 $1,625,938,304 $83,404,424
2023 $863,319,397 $824,509,712 $1,502,622,270 $38,809,685
2022 $817,395,126 $778,082,461 $1,429,253,469 $39,312,665
2021 $809,459,200 $769,513,511 $1,589,620,172 $39,945,689
2020 $835,970,093 $779,488,397 $1,374,177,526 $56,481,696
2019 $856,626,868 $799,565,955 $1,122,115,923 $57,060,913
2018 $833,699,315 $781,571,730 $1,087,406,024 $52,127,585
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