MJMH IMPROVEMENT CORPORATION

EIN: 800812322 501(c)(3) Health Care

JACKSON, MS

Total Revenue
$625,000
Total Expenses
$139,257
Total Assets
$5,660,360
Net Assets
$5,660,360
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MS
Principal Officer
GARY C ANDERSON
Phone
6019685130
Tax Period
2023-10-01 to 2024-09-30

MJMH IMPROVEMENT CORPORATION, founded in 2012, is a small nonprofit in the Health Care sector that reported $625K in total revenue in fiscal year 2023. The organization ran a surplus of $486K, a strong 78% operating margin.

Mission

MJMH IMPROVEMENT CORPORATION IS ORGANIZED TO PROMOTE AND ASSIST BAPTIST MEDICAL CENTER-ATTALA, LLC, A DISREGARDED ENTITY OF MISSISSIPPI BAPTIST HEALTH SYSTEMS, INC., FORMERLY KNOWN AS MONTFORT JONES MEMORIAL HOSPITAL, WITH ITS DEVELOPMENT AND SECURING OF CAPITAL.

Program Service Accomplishments

Program 1
Expenses: $139,257 Revenue: $625,000

MJMH IMPROVEMENT CORPORATION IS ORGANIZED TO PROMOTE AND ASSIST BAPTIST MEDICAL CENTER-ATTALA, LLC, A MISSISSIPPI NOT-FOR-PROFIT COMMUNITY HOSPITAL LOCATED IN ATTALA COUNTY, WITH THE DEVELOPMENT OF...

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MJMH IMPROVEMENT CORPORATION IS ORGANIZED TO PROMOTE AND ASSIST BAPTIST MEDICAL CENTER-ATTALA, LLC, A MISSISSIPPI NOT-FOR-PROFIT COMMUNITY HOSPITAL LOCATED IN ATTALA COUNTY, WITH THE DEVELOPMENT OF THE HOSPITAL FACILITY AND SECURING OF CAPITAL FOR THE OPERATION OF HEALTH CARE RELATED SERVICES TO BENEFIT THE HEALTH AND WELLNESS OF THE CITIZENS OF ATTALA COUNTY, MISSISSIPPI AND 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 $625,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $625,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $139,257
Other Expenses $139,257
TOTAL EXPENSES $139,257

Year-over-Year Comparison

2023 2022 Change
Revenue $625,000 $625,000 N/A
Expenses $139,257 $139,257 N/A
Net Income $485,743 $485,743 N/A
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
4
Independent Members
2
Employees
N/A
Volunteers
2

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
3
$1,755,843
Total Directors
4
$1,755,843
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARY C ANDERSON DIRECTOR/PRESIDENT 1.00
Officer Director
$0 $88,606 $1,300,745
WILLIAM F THOMPSON DIRECTOR/CFO/SECRETARY 0.75
Officer Director
$0 $64,606 $455,098
JAMES L BURRELL DIRECTOR 1.00
Director
$0 $0 $0
SHELDON HARMON DIRECTOR 1.00
Director
$0 $0 $0
SUSAN PARKERSON ASSISTANT SECRETARY 0.23
Officer
$0 $0 $0
JASON M LITTLE FORMER PRESIDENT 0.00
$0 $108,222 $3,155,218
GREGORY M DUCKETT FORMER OFFICER 0.00
$0 $90,318 $1,346,501
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 $625,000 $139,257 $5,660,360 $485,743
2023 $625,000 $139,257 $5,174,617 $485,743
2022 $606,250 $140,177 $4,688,874 $466,073
2021 $600,000 $145,522 $4,222,801 $454,478
2020 $600,136 $149,946 $4,269,466 $450,190
2019 $3,611,639 $554,315 $4,419,278 $3,057,324
2018 $700,887 $831,155 $13,512,862 $-130,268
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