Monroe Health Services Inc is a 501(c)(3) organization based in Tupelo, Mississippi, registered in 2019, with $63,377,659 in FY2023 revenue. CharityIndex grades it A, and it directs about 96% of spending to programs.
Revenue (FY2023)
$63.4M
▲ 26.0% vs prior year
Health median: $840K
Expenses (FY2023)
$48.0M
Net assets
$38.4M
Employees
405
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 Monroe Health Services Inc: 96% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
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 Monroe Health Services Inc: 10 mo reserves · +24% margin earns a A on this criterion. See the exact thresholds →
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 Monroe Health Services Inc: 4 of 5 checks met earns a A on this criterion. See the exact thresholds →
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 Monroe Health Services Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Monroe health services operates a 95 bed hospital and related outpatient care facilities in amory, mississippi.
One of the primary ways nmmc gilmore-amory 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 gilmore-amory 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 gilmore-amory 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 monroe county. patients from outside the county may also be granted charity care based on the judgment of nmmc gilmore-amory management depending on their individual circumstances. the policy also requires the patient to cooperate fully with nmmc gilmore-amory 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 $4,464,946 in fiscal year 2021. based on the gross charges provided to charity patients compared to total hospital gross charges, 5.94% of all services in fiscal year 2021 were provided on a charity basis. the net cost of charity care provided by nmmc gilmore-amory was approximately $2,443,204 in fiscal year 2021. the total cost estimate is based on the ratio of costs to charges for nmmc gilmore-amory. all 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.
Revenue grew from $41.9M (FY2018) to $63.4M (FY2023) across 6 reported years.
Financial snapshot
Operating margin
24.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$52.0M
Total liabilities
$13.6M
Net assets
$38.4M
Salaries & benefits
$25.7M
54% of expenses
Board members
0
0 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $63,377,659▲26.0% | $47,970,990▲7.6% | $38,409,793▲72.2% | $52,045,089▲59.7% | 990 |
| 2022 | $50,310,767▲3.2% | $44,589,787▲3.5% | $22,303,800▲36.0% | $32,590,532▲24.0% | 990 |
| 2021 | $48,759,152▲7.1% | $43,082,973▲3.9% | $16,398,072▲64.4% | $26,274,701▲4.1% | 990 |
| 2020 | $45,516,589▲13.3% | $41,470,304▼4.2% | $9,971,584▲70.1% | $25,250,042▼0.2% | 990 |
| 2019 | $40,173,548▼4.2% | $43,305,998▼5.8% | $5,863,646▼29.9% | $25,287,995▲5.8% | 990 |
| 2018 | $41,940,210 | $45,961,467 | $8,363,071 | $23,890,871 | 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.
Highest-paid: Jamie Rodgers — $310,498 (0.65% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jamie Rodgers | Administrator | 20 | $310,498 |
| Angela Serio | Crna | 40 | $190,740 |
| Ricky Gault | Crna | 40 | $179,187 |
| Ronda S Sweet | Cno | 40 | $175,306 |
| Coleman N Leech | Rn | 40 | $147,481 |
| Katie L Mcclain | Rn | 40 | $143,043 |
| Bruce Toppin | Secretary | 1 | — |
| Bruce Toppin | Secretary | 0 | — |
| Michael S Spees | President & Ceo | 0.5 | — |
| Sharon Nobles | Treasurer | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Relias Healthcare | Er & Hospitalist | $1,851,532 |
| Northwest Anesthesia | Anesthesia Coverage | $614,474 |
| Healogics Wound Care | Wound Care Coverage | $590,039 |
| Cross Country Staffing | Pathology Contractor | $561,293 |
| Amory Surgery Clinic | Surgery Coverage | $365,000 |
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Data for Monroe Health Services Inc (EIN 32-0583236) 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.