Morehouse Community Medical Centers Inc

EIN: 820579411 501(c)(3) Health Care

Bastrop, LA

Total Revenue
$29,313,605
Total Expenses
$23,513,833
Total Assets
$31,541,052
Net Assets
$27,122,734
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
LA
Principal Officer
Katie Parnell
Phone
3182838887
Tax Period
2024-08-01 to 2025-07-31

Morehouse Community Medical Centers Inc, founded in 2002, is a mid-sized nonprofit in the Health Care sector that reported $29.3M in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.8M, a strong 20% operating margin.

Mission

Reduced Fee Health Care

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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 (2024)

Revenue Breakdown

Contributions & Grants $7,509,753
Program Service Revenue $21,211,487
Investment Income $452,534
Other Revenue $139,831
TOTAL REVENUE $29,313,605

Expense Breakdown

Grants Paid $0
Salaries & Benefits $13,935,402
Fundraising Expenses $0
Program Expenses $19,681,287
Other Expenses $9,578,431
TOTAL EXPENSES $23,513,833

Year-over-Year Comparison

2024 2023 Change
Revenue $29,313,605 $22,819,478 +0.3%
Expenses $23,513,833 $19,954,682 +0.2%
Net Income $5,799,772 $2,864,796 +1.0%
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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
219
Volunteers
11

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
7
$585,373
Total Directors
11
$0
Key Employees
4
$927,067
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Katie Parnell Chief Executive Officer 50.00
Officer
$354,807 $12,734 $367,541
Shahzad Malik Chief Medical Officer 40.00
Key Emp
$305,782 $25,566 $331,348
Munira Yusuf Pediatrician 40.00
Highest
$227,901 $21,732 $249,633
Mamdouh Mickail Medical Director 40.00
Key Emp
$224,832 $16,941 $241,773
Joe Derry Chief Financial Officer 40.00
Officer
$196,707 $21,125 $217,832
Keith January Dental Director 40.00
Key Emp
$190,633 $9,669 $200,302
Ben Hayden Nurse Practioner 40.00
Highest
$179,266 $19,945 $199,211
Erika Phillips Pharmacy Director 40.00
Highest
$164,711 $12,733 $177,444
April Howard Nurse Practioner 40.00
Highest
$156,562 $14,835 $171,397
William Johnson Nurse Practioner 40.00
Highest
$152,541 $14,525 $167,066
Stephenie Harris Chief Operating Officer 40.00
Key Emp
$137,049 $16,595 $153,644
Shirley Burch Board Member 2.00
Director
$0 $0 $0
Lou Dunn Board Member 2.00
Director
$0 $0 $0
Kenneth Franklin Board Member 2.00
Director
$0 $0 $0
Katherine Herrington Board Member 2.00
Director
$0 $0 $0
Brady Middleton Board Member 2.00
Director
$0 $0 $0
Ella Nimmers Board Member 2.00
Director
$0 $0 $0
Gwendolyn Davenport Member at Large 2.00
Officer Director
$0 $0 $0
Ora Evans Vice President 2.00
Officer Director
$0 $0 $0
Reverend Billy Ray Smith President 2.00
Officer Director
$0 $0 $0
Donna Stevenson Secretary 2.00
Officer Director
$0 $0 $0
Shawn Keyser Treasurer 2.00
Officer 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
2025 $29,313,605 $23,513,833 $31,541,052 $5,799,772
2024 $22,819,478 $19,954,682 $26,203,566 $2,864,796
2023 $18,444,104 $18,001,207 $23,193,814 $442,897
2022 $16,587,143 $15,058,432 $22,543,593 $1,528,711
2021 $17,027,301 $13,552,039 $22,226,026 $3,475,262
2020 $11,769,949 $9,805,793 $14,076,879 $1,964,156
2019 $10,642,009 $8,309,506 $12,412,110 $2,332,503
2018 $9,150,957 $6,662,295 $9,806,155 $2,488,662
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