Pontotoc Health Services Inc

EIN: 640751410 501(c)(3) Health Care

TUPELO, MS

Total Revenue
$33,224,371
Total Expenses
$27,775,652
Total Assets
$37,372,681
Net Assets
$19,329,835
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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
DE
Phone
6623773978
Tax Period
2023-10-01 to 2024-09-30

Pontotoc Health Services Inc, founded in 1987, is a mid-sized nonprofit in the Health Care sector that reported $33.2M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $5.4M, a strong 16% operating margin.

Mission

PONTOTOC HEALTH SERVICES, INC. OPERATES A 25 BED HOSPITAL AND A 44 BED NURSING HOME LOCATED IN PONTOTOC, MISSISSIPPI CALLED NORTH MISSISSIPPI MEDICAL CENTER-PONTOTOC(NMMC-PONTOTOC). NMMC-PONTOTOC IS PART OF THE NORTH MISSISSIPPI HEALTH SERVICES (NMHS) ORGANIZATION. THE MISSION OF NMHS IS TO CONTINUOUSLY IMPROVE THE HEALTH OF THE PEOPLE OF OUR REGION. NMMC-PONTOTOC WORKS TO ACHIEVE THIS CORPORATE MISSION TO IMPROVE THE HEALTH OF THE PEOPLE OF THIS REGION BY PROVIDING CONVENIENTLY ACCESSIBLE, COST-EFFECTIVE HEALTH CARE OF THE HIGHEST QUALITY.

Program Service Accomplishments

Program 1
Expenses: $27,368,286 Revenue: $32,181,292

NMMC-PONTOTOC SERVES PONTOTOC COUNTY AND THE SURROUNDING AREA. IN FISCAL YEAR 2024, THERE WERE 516 INPATIENT ADMISSIONS, 10,778 EMERGENCY DEPARTMENT VISITS, 53,697 OUTPATIENT VISITS, 30,037 RURAL...

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NMMC-PONTOTOC SERVES PONTOTOC COUNTY AND THE SURROUNDING AREA. IN FISCAL YEAR 2024, THERE WERE 516 INPATIENT ADMISSIONS, 10,778 EMERGENCY DEPARTMENT VISITS, 53,697 OUTPATIENT VISITS, 30,037 RURAL HEALTH CLINIC VISITS, AND NO HOSPITAL BASED CLINIC VISITS. NMMC-PONTOTOC USES PRESS GANEY, THE LARGEST PATIENT SATISFACTION SURVEY COMPANY IN THE NATION, THAT WORKS WITH MORE THAN 7,000 HEALTHCARE FACILITIES. RANDOMLY SELECTED PATIENTS ARE ASKED ABOUT THEIR EXPERIENCE WITH INPATIENT, OUTPATIENT, ER, AND LONG-TERM CARE SERVICES. THE HOSPITAL OFFERS PARAMEDIC-LEVEL AMBULANCE SERVICE AND 24-HOUR PHYSICIAN COVERAGE IN ITS EMERGENCY DEPARTMENT. RADIOLOGY SERVICES INCLUDE X-RAY, COMPUTED TOMOGRAPHY (CT) AND ULTRASOUND. AREA RESIDENTS CAN STAY CLOSE TO HOME AND TAKE ADVANTAGE OF THE MOBILE MAMMOGRAPHY UNIT ON DESIGNATED DAYS EACH MONTH AT NMMC-PONTOTOC. THE 44-BED NURSING HOME OFFERS A VARIETY OF REHABILITATION SERVICES AND AMENITIES TO RESIDENTS. ONE OF THE PRIMARY WAYS NMMC-PONTOTOC SERVES THE COMMUNITY IS BY PROVIDING CARE TO VARIOUS POPULATIONS FOR WHICH IT RECEIVES NO COMPENSATION OR RECEIVES COMPENSATION AT RATES SIGNIFICANTLY LESS THAN ESTABLISHED RATES. THE BOARD OF DIRECTORS OF NMMC-PONTOTOC HAS ESTABLISHED A POLICY UNDER WHICH THE HOSPITAL PROVIDES CARE, WITHOUT CHARGE, TO NEEDY MEMBERS OF ITS COMMUNITY. THE FINANCIAL ASSISTANCE POLICY STATES THAT NMMC-PONTOTOC WILL PROVIDE EMERGENCY AND MEDICALLY NECESSARY INPATIENT AND OUTPATIENT HOSPITAL SERVICES TO PATIENTS FREE OF CHARGE WITH HOUSEHOLD INCOME LEVELS AT OR BELOW 150% OF THE FEDERAL POVERTY LEVEL. THE POLICY APPLIES TO INDIVIDUALS WHO RESIDE IN PONTOTOC COUNTY. PATIENTS FROM OUTSIDE THE COUNTY MAY ALSO BE GRANTED CHARITY CARE BASED ON THE JUDGMENT OF NMMC-PONTOTOC MANAGEMENT DEPENDING ON THEIR INDIVIDUAL CIRCUMSTANCES. THE POLICY ALSO REQUIRES THE PATIENT TO COOPERATE FULLY WITH NMMC-PONTOTOC'S REQUEST FOR INFORMATION WITH WHICH TO VERIFY THE PATIENT'S ELIGIBILITY. FOLLOWING THAT POLICY, THE HOSPITAL MAINTAINS RECORDS TO IDENTIFY AND MONITOR THE LEVEL OF CHARITY CARE IT PROVIDES. THESE RECORDS INCLUDE THE AMOUNT OF CHARGES FORGONE FOR SERVICES AND SUPPLIES FURNISHED UNDER ITS CHARITY CARE POLICY. CHARGES FORGONE, BASED ON ESTABLISHED RATES, TOTALED APPROXIMATELY $1,440,555 IN FISCAL YEAR 2024. BASED ON THE GROSS CHARGES PROVIDED TO CHARITY PATIENTS COMPARED TO TOTAL HOSPITAL GROSS CHARGES, 6.01% OF ALL SERVICES IN FISCAL YEAR 2024 WERE PROVIDED ON A CHARITY BASIS. THE NET COST OF CHARITY CARE PROVIDED BY NMMC-PONTOTOC WAS APPROXIMATELY $1,525,287 IN FISCAL YEAR 2024. THE TOTAL COST ESTIMATE IS BASED ON THE RATIO OF COSTS TO CHARGES FOR NMMC-PONTOTOC. ALL THE FOREGONE CHARGES MENTIONED ABOVE ARE NETTED AGAINST PATIENT SERVICE REVENUE TO ARRIVE AT NET PATIENT SERVICE REVENUE AS REFLECTED AS PROGRAM SERVICE REVENUE ON PART VIII OF FORM 990 IN ORDER TO BE CONSISTENT WITH FINANCIAL STATEMENT REPORTING AND ARE NOT REPORTED AS FUNCTIONAL EXPENSES ON THE TAX RETURN.

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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 $760,000
Program Service Revenue $32,181,292
Investment Income $77,610
Other Revenue $205,469
TOTAL REVENUE $33,224,371

Expense Breakdown

Grants Paid $0
Salaries & Benefits $18,876,149
Fundraising Expenses $0
Program Expenses $27,368,286
Other Expenses $8,899,503
TOTAL EXPENSES $27,775,652

Year-over-Year Comparison

2023 2022 Change
Revenue $33,224,371 $28,951,847 +0.1%
Expenses $27,775,652 $27,882,049 0.0%
Net Income $5,448,719 $1,069,798 +4.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
314
Volunteers
16

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
$4,066,084
Total Directors
7
$0
Key Employees
1
$317,170
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MITCH MONTGOMERY CHAIRMAN 1.0
Officer Director
$0 $0 $0
ERNIE WRIGHT DIRECTOR 1.0
Director
$0 $0 $0
JOHN BYERS DIRECTOR 1.0
Director
$0 $0 $0
LISA BRYANT DIRECTOR 1.0
Director
$0 $0 $0
PATRICIA HOBSON DIRECTOR 1.0
Director
$0 $0 $0
PATTY TURK DIRECTOR 1.0
Director
$0 $0 $0
SCOTT UITHOVEN DIRECTOR 1.0
Director
$0 $0 $0
BRUCE TOPPIN SECRETARY 1.0
Officer
$0 $14,992 $682,564
MICHAEL S SPEES PRESIDENT 0.5
Officer
$0 $27,228 $2,346,750
SHARON NOBLES TREASURER 1.0
Officer
$0 $29,248 $1,036,770
JAMIE RODGERS ADMINISTRATOR 20.0
Key Emp
$0 $6,672 $317,170
ANDREA P WARREN PHYSICIAN 40.0
Highest
$355,237 $31,422 $386,659
BRAD J BOWLIN PHYSICIAN 40.0
Highest
$398,100 $34,368 $432,468
CURTIS GLIDEWELL PHYSICIAN 40.0
Highest
$454,324 $18,920 $473,244
JENNIFER D LOWERY PHYSICIAN 40.0
Highest
$317,604 $25,873 $343,477
JUSTIN SMITH PHYSICIAN 40.0
Highest
$455,224 $17,167 $472,391
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 $33,224,371 $27,775,652 $37,372,681 $5,448,719
2023 $28,951,847 $27,882,049 $28,124,979 $1,069,798
2022 $28,578,584 $25,327,869 $24,257,090 $3,250,715
2021 $29,444,991 $26,962,986 $22,119,690 $2,482,005
2020 $30,319,383 $28,210,820 $19,143,071 $2,108,563
2019 $30,399,270 $28,584,830 $8,445,537 $1,814,440
2018 $27,420,546 $28,540,844 $6,976,293 $-1,120,298
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