Health Services Management Inc
91% goes to programs $0 to raise $100 Strong reserves
Health Services Management Inc is a 501(c)(3) organization based in Murfreesboro, Tennessee, registered in 2000, with $121,311,118 in FY2024 revenue. CharityIndex grades it A+, and it directs about 91% of spending to programs.
206 Fortress Blvd, Murfreesboro, TN, 37128 EIN 62-1808817 Since 2000
Revenue (FY2024)
$121.3M
▲ 13.2% vs prior year
Health median: $840K
Expenses (FY2024)
$111.6M
Net assets
$64.3M
Employees
3,572
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 rating91% 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 Health Services Management Inc: 91% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating7 mo reserves · +8% 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 Health Services Management Inc: 7 mo reserves · +8% 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 Health Services Management Inc: 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 Health Services Management Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To provide care for indigent and elderly individuals in nursing homes and assisted living facilities.
What they do
To provide nursing home care for indigent and elderly individuals in nursing homes in indiana, texas and florida.
Contact & location
- Address
- 206 Fortress Blvd, Murfreesboro, TN, 37128
- City
- Murfreesboro
- State
- Tennessee
- Category
- Health Care
- Subcategory
- Nursing & Home Care
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $156.1M (FY2013) to $121.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $94.8MNet assets $64.3M
Operating margin
8.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$159.0M
Total liabilities
$94.8M
Net assets
$64.3M
Salaries & benefits
$53.8M
48% of expenses
Board members
5
3 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $121,311,118▲13.2% | $111,569,768▼3.2% | $64,250,341▲25.6% | $159,018,685▲1.6% | 990 |
| 2023 | $107,136,910▼18.3% | $115,225,220▼20.0% | $51,152,019▼17.9% | $156,538,498▼13.1% | 990 |
| 2022 | $131,148,848▲5.3% | $143,947,425▲9.8% | $62,271,441▼18.1% | $180,141,587▲41.2% | 990 |
| 2021 | $124,554,790▼15.9% | $131,078,534▼0.4% | $76,040,839▼7.6% | $127,545,587▼9.3% | 990 |
| 2020 | $148,090,003▲9.0% | $131,595,312▼1.6% | $82,303,298▲25.1% | $140,595,095▲17.2% | 990 |
| 2019 | $135,900,085▲2.0% | $133,791,487▲1.8% | $65,808,607▲3.3% | $119,911,864▼0.3% | 990 |
| 2018 | $133,261,222▼2.5% | $131,415,844▼5.4% | $63,700,009▲5.5% | $120,298,786▲2.2% | 990 |
| 2017 | $136,722,007▼1.7% | $138,972,560▲2.9% | $60,390,901▼3.6% | $117,764,095▼4.5% | 990 |
| 2016 | $139,043,433 | $135,056,827▲1.4% | $62,641,454▲2.2% | $123,311,279▼0.4% | 990 |
| 2015 | $139,070,129▲0.5% | $133,132,088▲1.1% | $61,275,949▲10.7% | $123,770,135▲0.4% | 990 |
| 2014 | $138,372,950▼11.4% | $131,687,810▼11.8% | $55,337,908▲13.7% | $123,227,907▲3.3% | 990 |
| 2013 | $156,129,916 | $149,331,096▼7.7% | $48,652,768▲14.9% | $119,332,353▼3.3% | 990 |
| 2012 | — | $161,864,190▲2.9% | $42,339,466▲1.1% | $123,397,924▲2.9% | 990 |
| 2011 | — | $157,360,825▲3.4% | $41,863,400▲16.8% | $119,864,198▲1.8% | 990 |
| 2010 | — | $152,193,975 | $35,849,099 | $117,723,449 | 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 (FY2024)
Highest-paid: Jim Shatz — $649,418 (0.58% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jim Shatz | Ceo | 40 | $649,418 |
| Scott Fisher | Cfo | 40 | $649,418 |
| Josh White | Coo | 40 | $441,133 |
| Brian Jackson | Chief Quality & Risk Officer | 40 | $377,143 |
| Anita Mamone | Chief Legal & Governance Officer | 40 | $285,164 |
| Kevin Baxter | Vp of Operations | 40 | $275,367 |
| Samantha Allen | Chief Nursing Officer | 40 | $273,915 |
| Clint Wells | Vp, Revenue Cycle Management | 40 | $253,282 |
| Jerald Erlandson | Director of Client Services | 40 | $236,487 |
| Shelby Jackson | Administrator | 40 | $201,637 |
| Mark Richardson | Corporate Director of Compliance & A | 40 | $197,308 |
| Randy Shuck | Chairman, Director | 1 | $100,500 |
| Robert Conroy | Director | 1 | $100,500 |
| Timothy Priddy | Director | 1 | $97,000 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Crestmark Pharmacy | Pharmacy | $13,979,373 |
| Reliant Rehabiliatation | Therapy | $5,435,866 |
| Us Foods | Food & Dietary Supplies | $2,364,104 |
| Medline | Medical Supplies | $2,109,959 |
| Quality Care Rehab | Therapy | $799,950 |
Grants made · $557K in FY2019
1 grant totaling $557K in FY2019. All grants made by Health Services Management Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Arrowhead Ranch Inc | To provide assistance to arrowhead operations inc. | $556,668 |
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Frequently asked questions
- Is Health Services Management Inc a legitimate nonprofit?
- Yes. Health Services Management Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 62-1808817, based in Murfreesboro, Tennessee. Donations are tax-deductible.
- What is Health Services Management Inc's EIN?
- Health Services Management Inc's Employer Identification Number (EIN) is 62-1808817.
- How much revenue does Health Services Management Inc report?
- Health Services Management Inc reported $121,311,118 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Health Services Management Inc's spending goes to programs?
- Health Services Management Inc spends about 91% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Health Services Management Inc have?
- CharityIndex grades Health Services Management Inc A+, based on program efficiency and fundraising cost.
- How much does Health Services Management Inc's highest-paid employee make?
- The highest reported compensation on Health Services Management Inc's latest Form 990 is $649,418, paid to Jim Shatz (Ceo).
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Data for Health Services Management Inc (EIN 62-1808817) 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.