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Nonprofiteer
← FERRELL HOSPITAL COMMUNITY FOUNDATION

Form 990 for tax year 2024

Filed by FERRELL HOSPITAL COMMUNITY FOUNDATION.

Totals

Total revenue
$68,770,063
Total expenses
$73,405,573
Contributions and grants received
$192,873
Grants paid
$0
Program service revenue
$57,534,834
Investment income
$252,388
Other revenue
$10,789,968
Total assets, end of year
$56,996,654
Total liabilities, end of year
$51,687,327
Net assets or fund balances, end of year
$5,309,327
Program services expenses (Part IX)
$56,466,928
Management and general expenses
$16,938,645
Fundraising expenses
$0
Program service expenses (Part III)
$56,466,928

Program services were 76.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $50,322

  • 1f · All other contributions, gifts and grants

    $142,551

  • 2a · Program service revenue: NET PATIENT SERVICE REVENUE

    total $57,066,341 · related or exempt $57,066,341

  • 2b · Program service revenue: PHARMACY SERVICES (340B)

    total $468,493 · related or exempt $468,493

  • 3 · Investment income

    total $252,388 · excluded $252,388

  • 6a · Gross rents

    real property $6,360

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $6,360

  • 6d · Net rental income or loss

    total $6,360 · excluded $6,360

  • 8a · Fundraising events: gross income

    $6,990

  • 8a · Fundraising events: contributions included on line 1c

    $50,322

  • 8b · Fundraising events: direct expenses

    $10,791

  • 8c · Net income from fundraising events

    total -$3,801 · excluded -$3,801

  • 11a · Other revenue: FLOOD INSURANCE PROCEEDS

    total $10,000,000 · related or exempt $10,000,000

  • 11b · Other revenue: IRCCO MSSP REVENUE

    total $297,401 · related or exempt $297,401

  • 11c · Other revenue: REBATES

    total $236,119 · related or exempt $236,119

  • 11d · All other revenue

    total $253,889 · related or exempt $253,889

  • 11e · Other revenue, total

    $10,787,409

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $741,547 · program services $543,386 · management and general $198,161

  • 7 · Other salaries and wages

    total $22,723,822 · program services $16,651,416 · management and general $6,072,406

  • 8 · Pension plan contributions

    total $327,240 · program services $211,507 · management and general $115,733

  • 9 · Other employee benefits

    total $4,817,326 · program services $3,113,605 · management and general $1,703,721

  • 10 · Payroll taxes

    total $1,542,468 · program services $996,951 · management and general $545,517

  • 11a · Fees: management

    total $1,693,495 · management and general $1,693,495

  • 11b · Fees: legal

    total $181,179 · program services $113,873 · management and general $67,306

  • 11c · Fees: accounting

    total $198,481 · program services $124,748 · management and general $73,733

  • 11g · Fees: other

    total $14,271,233 · program services $9,405,298 · management and general $4,865,935

  • 12 · Advertising and promotion

    total $153,271 · program services $105,851 · management and general $47,420

  • 13 · Office expenses

    total $931,359 · program services $643,211 · management and general $288,148

  • 14 · Information technology

    total $253,821 · program services $175,293 · management and general $78,528

  • 16 · Occupancy

    total $645,071 · program services $645,071

  • 17 · Travel

    total $58,087 · program services $40,116 · management and general $17,971

  • 19 · Conferences, conventions and meetings

    total $60,783 · program services $41,978 · management and general $18,805

  • 20 · Interest

    total $921,050 · program services $876,527 · management and general $44,523

  • 22 · Depreciation, depletion and amortization

    total $2,476,685 · program services $2,075,973 · management and general $400,712

  • 23 · Insurance

    total $703,717 · program services $354,737 · management and general $348,980

  • 24a · Other expenses: MEDICAL SUPPLIES & DRUG

    total $19,106,252 · program services $19,106,252

  • 24b · Other expenses: PROVIDER TAX

    total $736,984 · program services $736,984

  • 24c · Other expenses: REPAIRS AND MAINTENANCE

    total $411,706 · program services $193,376 · management and general $218,330

  • 24d · Other expenses: MINOR EQUIPMENT

    total $308,892 · program services $213,326 · management and general $95,566

  • 24e · All other expenses

    total $141,104 · program services $97,449 · management and general $43,655

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,940,314 · end of year $5,113,279

  • 2 · Savings and temporary cash investments

    beginning of year $1,758,208 · end of year $3,002,434

  • 4 · Accounts receivable

    beginning of year $5,398,094 · end of year $5,416,622

  • 8 · Inventories for sale or use

    beginning of year $1,178,122 · end of year $1,098,131

  • 9 · Prepaid expenses and deferred charges

    beginning of year $544,184 · end of year $615,318

  • 10a · Land, buildings and equipment: cost or other basis

    $50,901,273

  • 10b · Land, buildings and equipment: accumulated depreciation

    $17,222,795

  • 10c · Land, buildings and equipment, net

    beginning of year $36,131,686 · end of year $33,678,478

  • 14 · Intangible assets

    beginning of year $39,600 · end of year $178,446

  • 15 · Other assets

    beginning of year $927,420 · end of year $7,893,946

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,828,460 · end of year $11,532,640

  • 20 · Tax-exempt bond liabilities

    beginning of year $33,231,629 · end of year $33,221,709

  • 23 · Secured mortgages and notes payable

    beginning of year $2,773,254 · end of year $1,858,678

  • 25 · Other liabilities

    beginning of year $2,320,338 · end of year $5,074,300

  • 27 · Net assets without donor restrictions

    beginning of year $6,763,947 · end of year $5,309,327

Mission and programs · 2024

Mission

OPERATE ACUTE CARE HOSPITAL - DEDICATED TO IMPROVING THE HEALTH AND QUALITY OF LIFE FOR THE PEOPLE AND COMMUNITIES WE SERVE.

  • FERRELL HOSPITAL COMMUNITY FOUNDATION (FHCF) OFFERS QUALITY HEALTHCARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, AGE OR ABILITY TO PAY. FHCF PROVIDES MEDICAL CARE TO OUTPATIENTS AND INPATIENTS AS WELL AS PROVIDES VARIOUS COMMUNITY BENEFITS TO THE COMMUNITY.

    Expenses $56,466,928 · Revenue $68,322,243

As filed on the 2024 return.

Listed in Part VII

  • Nate Oldham MD

    BOARD MEMBER/PHYSICIAN

    Total calculated
    $597,866
    From this org
    $541,331
    From related orgs
    $0
    Other
    $56,535
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $413,779
    Bonus
    $125,374
    Other
    $2,178
    Deferred
    $8,244
    Nontaxable benefits
    $48,291
    Filer's total
    $597,866

  • Clifford Eugene Morris

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    5

  • E T Seely

    VICE-CHAIRMAN

    Total calculated
    $0
    Hours/week
    5

  • Barb Devous

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Jeff Campbell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Ayn Bartok

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Nikki Roser

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Jared Florence

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Dr James Porter MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Austin Rahmoeller

    BOARD MEMBER (TERM END 06/24))

    Total calculated
    $0
    Hours/week
    2

  • Caleigh Bruce

    CHIEF COMPLIANCE OFFICER

    Total calculated
    $120,979
    From this org
    $114,453
    From related orgs
    $0
    Other
    $6,526
    Hours/week
    40

  • Rachel Prather

    CHIEF NURSING OFFICER

    Total calculated
    $0
    Hours/week
    40

  • Tony Keene

    CEO

    Total calculated
    $0
    Hours/week
    50

  • Greg Wright

    CFO

    Total calculated
    $0
    Hours/week
    50

  • Joseph A Jackson MD

    PHYSICIAN

    Total calculated
    $453,535
    From this org
    $393,003
    From related orgs
    $0
    Other
    $60,532
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $345,280
    Bonus
    $47,723
    Other
    $0
    Deferred
    $9,684
    Nontaxable benefits
    $50,848
    Filer's total
    $453,535

  • Janna Pathi MD

    SURGEON

    Total calculated
    $479,707
    From this org
    $460,997
    From related orgs
    $0
    Other
    $18,710
    Hours/week
    30

    Schedule J breakdown matched by us

    Base
    $460,997
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $18,710
    Filer's total
    $479,707

  • Caleb Mitchell Do

    PHYSICIAN

    Total calculated
    $531,393
    From this org
    $474,921
    From related orgs
    $0
    Other
    $56,472
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $385,735
    Bonus
    $89,186
    Other
    $0
    Deferred
    $6,836
    Nontaxable benefits
    $49,636
    Filer's total
    $531,393

  • Clayton Ford

    PHYSICIAN

    Total calculated
    $447,437
    From this org
    $388,583
    From related orgs
    $0
    Other
    $58,854
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $290,012
    Bonus
    $81,071
    Other
    $17,500
    Deferred
    $8,419
    Nontaxable benefits
    $50,435
    Filer's total
    $447,437

  • David Gunzel

    PHYSICIAN

    Total calculated
    $397,150
    From this org
    $357,466
    From related orgs
    $0
    Other
    $39,684
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $270,097
    Bonus
    $62,369
    Other
    $25,000
    Deferred
    $5,892
    Nontaxable benefits
    $33,792
    Filer's total
    $397,150

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
13 February 2026
IRS schema version
2024v5.5
Source object
202610449349301036

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