Clay County Medical Corporation
96% goes to programs $0 to raise $100 Strong reserves Growing revenue
Clay County Medical Corporation is a 501(c)(3) organization based in Tupelo, Mississippi, registered in 1983, with $66,055,190 in FY2023 revenue. CharityIndex grades it A+, and it directs about 96% of spending to programs.
830 S Gloster St, Tupelo, MS, 38801 EIN 64-0668465 Since 1983
Revenue (FY2023)
$66.1M
▲ 35.1% vs prior year
Health median: $840K
Expenses (FY2023)
$50.6M
Net assets
$35.5M
Employees
380
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating96% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Clay County Medical Corporation: 96% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · +23% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Clay County Medical Corporation: 8 mo reserves · +23% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Clay County Medical Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Clay County Medical Corporation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Clay county medical corporation operates a 60 bed acute-care hospital and related outpatient care facilities in west point, mississippi.
What they do
One of the primary ways nmmc-west point 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-west point 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-west point will provide emergency and medically necessary inpatient and outpatient hospital services to patients free of charge with household income levels at or below 100% of the federal poverty level. the policy further provides, patients with household income levels between 101% and 150% of the federal poverty level are eligible to receive services at a discounted rate. the discount will be pro-rated based on the patient's gross family income as a percentage of the federal poverty level. the policy applies to individuals who reside in clay county. patients from outside the county may also be granted charity care based on the judgment of nmmc-west point management depending on their individual circumstances. the policy also requires the patient to cooperate fully with nmmc-west point'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 $3,484,952 in fiscal year 2021. based on the gross charges provided to charity patients compared to total hospital gross charges, 4.45% of all services in fiscal year 2021 were provided on a charity basis. the net cost of charity care provided by nmmc-west point was approximately $1,829,328 in fiscal year 2021. the total cost estimate is based on the ratio of costs to charges for nmmc-west point. all of 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.
Contact & location
- Address
- 830 S Gloster St, Tupelo, MS, 38801
- City
- Tupelo
- State
- Mississippi
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $34.7M (FY2013) to $66.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $16.0MNet assets $35.5M
Operating margin
23.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$51.5M
Total liabilities
$16.0M
Net assets
$35.5M
Salaries & benefits
$26.2M
52% of expenses
Board members
12
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $66,055,190▲35.1% | $50,636,318▲8.0% | $35,461,791▲83.0% | $51,458,086▲9.5% | 990 |
| 2022 | $48,876,333 | $46,906,177▲5.2% | $19,381,322▲12.9% | $46,992,710▲20.4% | 990 |
| 2021 | $48,869,621▲10.7% | $44,592,428▲4.6% | $17,173,110▲40.1% | $39,018,764▲20.2% | 990 |
| 2020 | $44,137,468▲1.0% | $42,635,100▼0.7% | $12,254,256▲54.7% | $32,451,174▼2.9% | 990 |
| 2019 | $43,713,814▼9.8% | $42,918,986▼5.2% | $7,920,420▲17.8% | $33,424,438▲54.3% | 990 |
| 2018 | $48,486,494▲4.0% | $45,259,702▲6.9% | $6,721,077▼17.8% | $21,667,501▲11.1% | 990 |
| 2017 | $46,619,442▲19.7% | $42,357,477▲7.0% | $8,180,982▲342% | $19,496,478▲7.1% | 990 |
| 2016 | $38,936,449▼6.9% | $39,569,543▼1.7% | $1,850,163▲101% | $18,201,067▼5.7% | 990 |
| 2015 | $41,808,695▲24.1% | $40,265,306▲10.8% | $919,654▼49.1% | $19,302,998▼6.0% | 990 |
| 2014 | $33,693,027▼3.0% | $36,330,259▲4.0% | $1,806,986▼65.5% | $20,524,683▼6.5% | 990 |
| 2013 | $34,723,772 | $34,948,244▼0.9% | $5,233,346▼35.2% | $21,948,672▼2.9% | 990 |
| 2012 | — | $35,253,108▲2.8% | $8,072,676▲72.7% | $22,608,429▼9.9% | 990 |
| 2011 | — | $34,308,195▲4.8% | $4,673,683▼34.6% | $25,103,389▲11.0% | 990 |
| 2010 | — | $32,752,110▲9.3% | $7,148,899▼30.8% | $22,622,680▼3.6% | 990 |
| 2009 | — | $29,954,406 | $10,333,123 | $23,461,059 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Kenneth Thomas — $556,537 (1.10% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kenneth Thomas | Physician | 40 | $556,537 |
| Stephen Wilkerson | Physician | 40 | $430,774 |
| Barry Keel | Administrator | 20 | $372,428 |
| Woodrow Brand | Physician | 40 | $347,853 |
| Clifton Story | Physician | 40 | $334,315 |
| Byron K Watson | Physician | 40 | $324,160 |
| Alice Pitts | Director | 1 | — |
| Bily Milican | Director | 1 | — |
| Bruce Toppin | Secretary | 1 | — |
| Bruff Sanders | Director | 1 | — |
| Dr Stacie Moore | Director | 1 | — |
| Edmund M Miller | Director | 1 | — |
| Fred Zepponi III | Director | 1 | — |
| George Purnell | Director | 1 | — |
| Karen Mooney | Director | 1 | — |
| Lisa Klutts | Director | 1 | — |
| Michael S Spees | President | 0.5 | — |
| Ronald Powell Do | Director | 1 | — |
| Sharon Nobles | Treasurer | 1 | — |
| Sonny Jameson | Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Relias Emergency Medicine Specialists | Er Physician, Hospitalist | $1,424,147 |
| Pontchartrain Lithotripsy LLC | Lithotriptor Rental | $423,846 |
| Morrison Healthcare | Food & Nutrition Management | $307,232 |
| Ortho-clinical Diagnostic | Diagnostic Testing | $301,623 |
| Alliance Healthcare | Behavioral Health Nursing | $198,097 |
Similar organizations in Health
Health
Monroe Health Services Inc
Tupelo, MS
$63.4M
A+annual revenue
North Mississippi Health Services Inc
Tupelo, MS
$60.1M
C+annual revenue
Health
Medical Foundation of Central Mississippi Inc
Jackson, MS
$76.0M
Cannual revenue
North Mississippi Medical Clinics
Tupelo, MS
$56.0M
Cannual revenue
Health
Mississippi Methodist Hospital Rehabilitation Center Inc
Jackson, MS
$78.8M
Aannual revenue
Health
North Mississippi Primary Health Care Inc
Ashland, MS
$80.4M
C+annual revenue
Health
Independent Healthcare Management Inc
Magee, MS
$49.9M
Bannual revenue
Health
Medical Foundation Inc Non Profit Organization
Meridian, MS
$43.1M
Cannual revenue
Health
Coastal Family Health Center Inc
Gulfport, MS
$38.7M
Bannual revenue
- Health
Mississippi State University Educational Building Corporation
Ms State, MS
$94.9M
Cannual revenue
Compare Clay County Medical Corporation
Frequently asked questions
- Is Clay County Medical Corporation a legitimate nonprofit?
- Yes. Clay County Medical Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 64-0668465, based in Tupelo, Mississippi. Donations are tax-deductible.
- What is Clay County Medical Corporation's EIN?
- Clay County Medical Corporation's Employer Identification Number (EIN) is 64-0668465.
- How much revenue does Clay County Medical Corporation report?
- Clay County Medical Corporation reported $66,055,190 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Clay County Medical Corporation's spending goes to programs?
- Clay County Medical Corporation spends about 96% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Clay County Medical Corporation have?
- CharityIndex grades Clay County Medical Corporation A+, based on program efficiency and fundraising cost.
- How much does Clay County Medical Corporation's highest-paid employee make?
- The highest reported compensation on Clay County Medical Corporation's latest Form 990 is $556,537, paid to Kenneth Thomas (Physician).
More nonprofits in Tupelo
Explore more
Data for Clay County Medical Corporation (EIN 64-0668465) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.