BAPTIST MEMORIAL HOSPITAL-CALHOUN INC

EIN: 813257997 501(c)(3) Health Care

MEMPHIS, TN

Total Revenue
$16,638,848
Total Expenses
$17,620,292
Total Assets
$7,939,978
Net Assets
$-7,210,543
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MS
Principal Officer
JASON M LITTLE
Phone
6626286611
Tax Period
2023-10-01 to 2024-09-30

BAPTIST MEMORIAL HOSPITAL-CALHOUN INC, founded in 2016, is a mid-sized nonprofit in the Health Care sector that reported $16.6M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

BAPTIST MEMORIAL HOSPITAL-CALHOUN, INC. PROVIDES QUALITY MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE.

Program Service Accomplishments

Program 1
Expenses: $15,992,471 Revenue: $15,818,019

BAPTIST MEMORIAL HOSPITAL-CALHOUN, INC. PROVIDES QUALITY MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE. ALTHOUGH REIMBURSEMENT FOR SERVICES RENDERED IS...

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BAPTIST MEMORIAL HOSPITAL-CALHOUN, INC. PROVIDES QUALITY MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE. ALTHOUGH REIMBURSEMENT FOR SERVICES RENDERED IS CRITICAL TO THE OPERATION AND STABILITY OF BAPTIST MEMORIAL HOSPITAL-CALHOUN, INC., IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE ESSENTIAL MEDICAL SERVICES, AND FURTHER, THAT OUR MISSION IS TO SERVE THE COMMUNITY WITH RESPECT TO PROVIDING HEALTH CARE SERVICES AND HEALTH CARE EDUCATION. THEREFORE, IN KEEPING WITH ITS COMMITMENT TO SERVE ALL MEMBERS OF ITS COMMUNITY, BAPTIST MEMORIAL HOSPITAL-CALHOUN, INC. PROVIDES THE FOLLOWING:- FREE CARE AND/OR SUBSIDIZED CARE WHERE THE NEED AND/OR AN INDIVIDUAL'S INABILITY TO PAY COEXIST,- CARE PROVIDED TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS AT BELOW COST, AND- HEALTH ACTIVITIES AND PROGRAMS TO SUPPORT THE COMMUNITY.THESE ACTIVITIES INCLUDE WELLNESS PROGRAMS, COMMUNITY EDUCATION PROGRAMS, AND SPECIAL PROGRAMS FOR THE ELDERLY, HANDICAPPED, MEDICALLY UNDERSERVED, AND A VARIETY OF BROAD COMMUNITY SUPPORT ACTIVITIES.BAPTIST MEMORIAL HOSPITAL-CALHOUN, INC. IS A 25-BED ACUTE CARE HOSPITAL SERVING PATIENTS AND THEIR FAMILIES IN CALHOUN COUNTY AND THE SURROUNDING COUNTIES OF NORTH MISSISSIPPI, CENTRALLY LOCATED BETWEEN OXFORD, STARKVILLE AND GRENADA.BAPTIST MEMORIAL HOSPITAL-CALHOUN, INC. ALSO FEATURES A 120-BED NURSING HOME LOCATED ADJACENT TO THE HOSPITAL, A 24-HOUR EMERGENCY DEPARTMENT, OUTPATIENT CARE, REHABILITATION, DIAGNOSTIC IMAGING, AND RADIOLOGY.THE HOSPITAL BECAME AN AFFILIATE OF THE BAPTIST MEMORIAL HEALTH CARE SYSTEM ON 10/1/16. THIS AFFILIATION HAS ENABLED BAPTIST MEMORIAL HOSPITAL-CALHOUN, INC. TO OFFER A WIDER RANGE OF MEDICAL SERVICES TO THE COMMUNITIES THAT IT SERVES. SOME OF OUR FACILITIES ALSO PROVIDE AN INTERDISCIPLINARY TEAM APPROACH TO SUB-ACUTE CARE FOR MEDICALLY COMPLEX PATIENTS NEEDING DIALYSIS, WOUND CARE, INTRAVENOUS ANTIBIOTICS AND REHABILITATIVE SERVICES, AMONG OTHERS.THE HOSPITAL ADMITTED 279 PATIENTS AND HAD 12,542 OUTPATIENT REGISTRATIONS DURING FY2024. THE LARGEST OUTPATIENT PROGRAM FOR THE FISCAL YEAR WAS PHYSICAL/OCCUPATIONAL/SPEECH THERAPY REHABILITATION SERVICES.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $762,250
Program Service Revenue $15,818,019
Investment Income $0
Other Revenue $58,579
TOTAL REVENUE $16,638,848

Expense Breakdown

Grants Paid $425
Salaries & Benefits $8,177,439
Fundraising Expenses $0
Program Expenses $15,992,471
Other Expenses $9,442,428
TOTAL EXPENSES $17,620,292

Year-over-Year Comparison

2023 2022 Change
Revenue $16,638,848 $14,891,498 +0.1%
Expenses $17,620,292 $15,368,141 +0.1%
Net Income $-981,444 $-476,643 +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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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
165
Volunteers
7

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
6
$6,660,252
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRUCE LONGEST MD DIRECTOR 0.23
Director
$0 $0 $0
LEE PEDEN DIRECTOR/VICE CHAIR 0.23
Director
$0 $0 $0
RITA BOX CHAIRMAN 0.23
Director
$0 $0 $0
RITA TALFORD DIRECTOR 0.23
Director
$0 $0 $0
ROY MCDOWELL DIRECTOR 0.23
Director
$0 $0 $0
SHEILA FREELY DIRECTOR 0.23
Director
$0 $0 $0
TERRY MILLER DIRECTOR 0.23
Director
$0 $0 $0
JASON M LITTLE PRESIDENT 0.23
Officer
$0 $108,222 $3,155,218
GREGORY M DUCKETT SECRETARY 0.23
Officer
$0 $90,318 $1,346,501
GARY C ANDERSON VICE PRESIDENT 0.23
Officer
$0 $88,606 $1,300,745
PAUL LEVY MD CMO (AS OF 04/24) 10.00
Officer
$0 $96,301 $510,008
CHRISTOPHER THREADGILL CEO 28.00
Officer
$0 $59,829 $246,980
KAREN GOODRUM CONTROLLER 28.00
Officer
$74,720 $26,080 $100,800
TERESA L FITTS NURSE PRACTITIONER 40.00
Highest
$121,000 $26,601 $147,601
KIMBERLY G EASLEY REGISTERED NURSE 38.58
Highest
$111,436 $22,214 $137,871
TERESA L DAVIS NURSE-STAFF DEVELOPMENT SPECIALIST 39.79
Highest
$107,702 $22,686 $130,978
OUIDA C MOORE REGISTERED NURSE 40.00
Highest
$105,650 $17,550 $123,200
ALLISON R SMITH NURSE PRACTITIONER 40.00
Highest
$114,776 $94 $114,870
PAUL D DEPRIEST MD FORMER VICE PRESIDENT 0.00
$0 $85,100 $2,156,966
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 $16,638,848 $17,620,292 $7,939,978 $-981,444
2023 $14,891,498 $15,368,141 $8,472,614 $-476,643
2022 $13,635,605 $15,192,515 $8,652,572 $-1,556,910
2021 $15,196,483 $14,321,164 $7,688,599 $875,319
2020 $11,618,885 $13,204,307 $6,441,988 $-1,585,422
2019 $10,231,633 $12,224,601 $6,188,074 $-1,992,968
2018 $9,854,313 $11,604,478 $7,742,868 $-1,750,165
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