Scotland Memorial Hospital Incorporated
94% goes to programs $0 to raise $100 Strong reserves Growing revenue
Scotland Memorial Hospital Incorporated is a 501(c)(3) organization based in Laurinburg, North Carolina, registered in 1947, with $296,655,740 in FY2023 revenue. CharityIndex grades it A+, and it directs about 94% of spending to programs.
500 Lauchwood Dr, Laurinburg, NC, 28352 EIN 56-0583151 Since 1947
Revenue (FY2023)
$296.7M
▲ 8.3% vs prior year
Health median: $840K
Expenses (FY2023)
$263.5M
Net assets
$277.8M
Employees
1,695
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 rating94% 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 Scotland Memorial Hospital Incorporated: 94% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating13 mo reserves · +11% 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 Scotland Memorial Hospital Incorporated: 13 mo reserves · +11% 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 Scotland Memorial Hospital Incorporated: 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 Scotland Memorial Hospital Incorporated: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To offer a full range of acute care and inpatient services to the residents of scotland county, north carolina and the surrounding area.
What they do
Community sponsored events and activities: the hospital is heavily involved in community events and sponsors numerous charitable events, such as fund drives for united way, american cancer society relay for life, march of dimes walk america (awareness for healthier babies), and north carolina smart start (providing resources for children to achieve success), with many hospital employees participating in the initiative. middle and high school students can access free annual physicials, and, for those interested in a medical career, job-shadowing pursuits with hospital employees. speaking at local job fairs and high school career day events is yet another avenue for hospital staff to spread knowledge on topics of health. during the pandemic our health care system took an active role in educating our service area about the pandemic and conducted extensive testing to residents.a variety of preventive health education programs are available to the community and to local industry, many of which are offered at no charge. among these are screenings for blood pressure, body fat, cholesterol, diabetes, bone density, and prostate cancer. health events for women and men are offered each year with local physicians as keynote speakers and educators. "scotty and "missy", 2 mobile healthcare units, visit local schools, businesses, and industry providing free blood pressure and cholesterol screenings and physicals. examples of health events offered in the community are: - physical examinations provided to special olympics athletes, and sports physicals to middle/high school students. - health & fitness day, providing focus on physical activity, where the community and hospital employees participate in healthy activities. - "look good feel better" program is designed for women undergoing cancer treatment, teaches female cancer patients beauty techniques that help restore selfimage while undergoing chemotherapy and radiation treatments. volunteer beauty professionals lead small groups of women through practical, handson exercizes using cosmetics, caring for skin and nails, and using wigs, hats, turbans, and scarves to deal with hair loss. participants receive free cosmetics and can choose from a variety of wigs and hats from which to choose. - cancer survivors day is sponsored for patients and guests, inviting participatation in an annual national celebration of life. - health-related monthly meetings are held in hospital facilities for these support groups: alzheimer's disease breastfeeding diabetes multiple sclerosis parkinson's stroke womens cancer
Contact & location
- Address
- 500 Lauchwood Dr, Laurinburg, NC, 28352
- City
- Laurinburg
- State
- North Carolina
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $135.1M (FY2013) to $296.7M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $101.2MNet assets $277.8M
Operating margin
11.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$379.0M
Total liabilities
$101.2M
Net assets
$277.8M
Salaries & benefits
$113.0M
43% of expenses
Board members
16
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $296,655,740▲8.3% | $263,544,798▲7.7% | $277,820,147▲18.6% | $379,048,273▲17.3% | 990 |
| 2022 | $273,856,736▲11.4% | $244,723,012▲8.5% | $234,288,483▲16.8% | $323,061,861▲11.6% | 990 |
| 2021 | $245,735,799▲0.6% | $225,575,704▲4.6% | $200,537,782▲3.5% | $289,460,978▼7.6% | 990 |
| 2020 | $244,240,508▲15.4% | $215,739,941▲14.3% | $193,805,746▲25.5% | $313,115,918▲20.1% | 990 |
| 2019 | $211,707,618▲10.2% | $188,753,786▲3.8% | $154,483,309▲12.7% | $260,782,357▲29.4% | 990 |
| 2018 | $192,198,424▲6.7% | $181,859,470▲11.6% | $137,090,619▼2.8% | $201,520,904▲2.4% | 990 |
| 2017 | $180,191,486▲5.0% | $162,984,925▲8.1% | $140,991,275▲11.1% | $196,786,140▲4.8% | 990 |
| 2016 | $171,625,144▲7.7% | $150,705,320▲2.6% | $126,850,309▲24.8% | $187,772,277▲12.4% | 990 |
| 2015 | $159,298,060▲3.4% | $146,919,513▲10.1% | $101,674,107▲4.1% | $166,993,972▲8.7% | 990 |
| 2014 | $154,043,858▲14.0% | $133,449,125▲7.8% | $97,670,192▲6.2% | $153,633,654▲10.8% | 990 |
| 2013 | $135,116,320 | $123,741,925▼2.5% | $92,009,732▲10.1% | $138,648,779▲10.4% | 990 |
| 2012 | — | $126,882,791▲1.7% | $83,580,134▲18.4% | $125,546,064▲2.4% | 990 |
| 2011 | — | $124,737,494▲9.2% | $70,591,121▲4.0% | $122,630,583▲3.7% | 990 |
| 2010 | — | $114,224,155▲0.7% | $67,875,631▼3.4% | $118,243,583 | 990 |
| 2009 | — | $113,453,265 | $70,295,734 | $118,226,948 | 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: Theodore Stamatakos — $824,501 (0.31% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Theodore Stamatakos | Physician | 40 | $824,501 |
| Greg Wood | Ceo (thru Dec 2023) | 40 | $644,948 |
| Linda Mitchell-frye | Physician | 40 | $612,136 |
| Mark Lavigne | Physician | 40 | $535,036 |
| Shelly Lowery Md | Cmo | 40 | $445,518 |
| Samuel Cummings | Physician | 40 | $409,054 |
| Lisa Mansur | Physician | 40 | $408,814 |
| Glenn Harris Md | Pnlc Chair | 40 | $322,596 |
| David Pope | Coo, Ceo (beg Jan 2024) | 40 | $317,731 |
| Beatrice Holt | Cno | 40 | $289,094 |
| Lucien St Onge | Assistant Treasurer | 40 | $267,479 |
| Kelvin Oxendine | Vp, Human Resources | 40 | $219,729 |
| Lee Ann Walker | Corporate Secretary | 40 | $48,657 |
| Bradley Williams | Board Member | 1 | — |
| Bryan Maynor | Board Member | 1 | — |
| Chip Shytle | Past Chair of Board | 2 | — |
| Elizabeth Munnerlyn | Board Member | 1 | — |
| Guy Mccook | Second Vice Chair | 1 | — |
| Hampton Hubbard | Board Member | 1 | — |
| Jennifer Isenhour Md | Chief of Staff | 40 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Atrium (carolina Healthcare System) | Executive Management & Healthcare System | $12,284,403 |
| Qualivis | Contract Labor | $6,967,885 |
| Scope Anesthesia of North Carolina Pllc | Anesthesia Services | $3,772,232 |
| Comphealth | Healthcare Staffing | $1,487,271 |
| Locumtenenscom | Healthcare Staffing | $1,315,322 |
Grants received · $16K total
2 grants to Scotland Memorial Hospital Incorporated totaling $16K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Cancer Society Inc | Patient support | 2024 | $6,000 |
| American Cancer Society Inc | Patient support | 2023 | $10,000 |
Grants made · $364K in FY2023
2 grants totaling $364K in FY2023. All grants made by Scotland Memorial Hospital Incorporated →
| Recipient | Purpose | Amount |
|---|---|---|
| St Andrews Presbyterian College | Department of health sciences | $250,000 |
| University of North Carolina Pembroke | Athletic department | $114,360 |
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Compare Scotland Memorial Hospital Incorporated
Frequently asked questions
- Is Scotland Memorial Hospital Incorporated a legitimate nonprofit?
- Yes. Scotland Memorial Hospital Incorporated is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-0583151, based in Laurinburg, North Carolina. Donations are tax-deductible.
- What is Scotland Memorial Hospital Incorporated's EIN?
- Scotland Memorial Hospital Incorporated's Employer Identification Number (EIN) is 56-0583151.
- How much revenue does Scotland Memorial Hospital Incorporated report?
- Scotland Memorial Hospital Incorporated reported $296,655,740 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Scotland Memorial Hospital Incorporated's spending goes to programs?
- Scotland Memorial Hospital Incorporated spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Scotland Memorial Hospital Incorporated have?
- CharityIndex grades Scotland Memorial Hospital Incorporated A+, based on program efficiency and fundraising cost.
- How much does Scotland Memorial Hospital Incorporated's highest-paid employee make?
- The highest reported compensation on Scotland Memorial Hospital Incorporated's latest Form 990 is $824,501, paid to Theodore Stamatakos (Physician).
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Explore more
Data for Scotland Memorial Hospital Incorporated (EIN 56-0583151) 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.