← SCOTLAND MEMORIAL HOSPITAL INCORPORATED

Form 990 for tax year 2024

Filed by SCOTLAND MEMORIAL HOSPITAL INCORPORATED.

Totals

Total revenue: $323,287,922
Total expenses: $281,647,182
Contributions and grants received: $2,154,078
Grants paid: $141,698
Program service revenue: $312,729,454
Investment income: $8,646,209
Other revenue: -$241,819
Total assets, end of year: $426,441,642
Total liabilities, end of year: $107,841,841
Net assets or fund balances, end of year: $318,599,801
Program services expenses (Part IX): $264,373,738
Management and general expenses: $17,273,444
Fundraising expenses: $0
Program service expenses (Part III): $264,373,738

Program services were 93.9% 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

$451,716
1f · All other contributions, gifts and grants

$1,702,362
1g · Noncash contributions included above

$90,156
2a · Program service revenue: NET PATIENT SERVICE REVENUE

total $284,806,154 · related or exempt $284,806,154
2b · Program service revenue: OTHER OPERATING REVENUE

total $27,923,300 · related or exempt $25,124,942 · unrelated business $2,798,358
2f · All other program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
3 · Investment income

total $6,041,431 · excluded $6,041,431
6c · Rental income or loss

real property $0 · personal property $0
7a · Gross sales of assets other than inventory

securities $3,319,135
7b · Less cost or other basis and sales expenses

other assets $714,357
7c · Gain or loss

securities $3,319,135 · other assets -$714,357
7d · Net gain or loss

total $2,604,778 · excluded $2,604,778
8a · Fundraising events: gross income

$0
8a · Fundraising events: contributions included on line 1c

$451,716
8b · Fundraising events: direct expenses

$241,819
8c · Net income from fundraising events

total -$241,819 · excluded -$241,819
11d · All other revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11e · Other revenue, total

$0

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $114,360 · program services $114,360
2 · Grants to domestic individuals

total $27,338 · program services $27,338
5 · Compensation of officers, directors and key employees

total $2,187,968 · program services $2,056,690 · management and general $131,278
7 · Other salaries and wages

total $96,797,859 · program services $90,989,988 · management and general $5,807,871
8 · Pension plan contributions

total $3,392,037 · program services $3,188,515 · management and general $203,522
9 · Other employee benefits

total $13,146,601 · program services $12,357,805 · management and general $788,796
10 · Payroll taxes

total $7,078,696 · program services $6,653,975 · management and general $424,721
11b · Fees: legal

total $351,639 · management and general $351,639
11c · Fees: accounting

total $229,589 · management and general $229,589
11d · Fees: lobbying

total $1,416 · management and general $1,416
11f · Fees: investment management

total $250,868 · management and general $250,868
11g · Fees: other

total $60,270,127 · program services $54,417,705 · management and general $5,852,422 · fundraising $0
12 · Advertising and promotion

total $654,333 · program services $654,333
13 · Office expenses

total $2,087,659 · management and general $2,087,659
14 · Information technology

total $400,862 · program services $356,767 · management and general $44,095
16 · Occupancy

total $1,775,197 · program services $1,366,901 · management and general $408,296
17 · Travel

total $1,062,390 · program services $818,041 · management and general $244,349
20 · Interest

total $1,116,471 · program services $1,116,471
22 · Depreciation, depletion and amortization

total $15,407,736 · program services $15,407,736
23 · Insurance

total $1,356,862 · program services $1,356,862
24a · Other expenses: MEDICAL SUPPLIES

total $53,387,621 · program services $53,387,621
24b · Other expenses: BAD DEBT

total $17,911,202 · program services $17,911,202
24c · Other expenses: MISCELLANEOUS EXPENSE

total $2,638,351 · program services $2,191,428 · management and general $446,923
24e · All other expenses

total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $315,018 · end of year $626,668
2 · Savings and temporary cash investments

beginning of year $19,997,306 · end of year $28,481,068
4 · Accounts receivable

beginning of year $26,850,949 · end of year $28,250,318
5 · Loans and receivables from officers and key people

beginning of year $0 · end of year $0
6 · Loans and receivables from disqualified persons

beginning of year $0 · end of year $0
8 · Inventories for sale or use

beginning of year $1,854,941 · end of year $2,155,133
9 · Prepaid expenses and deferred charges

beginning of year $982,765 · end of year $2,161,061
10a · Land, buildings and equipment: cost or other basis

$288,914,044
10b · Land, buildings and equipment: accumulated depreciation

$168,116,138
10c · Land, buildings and equipment, net

beginning of year $72,538,518 · end of year $120,797,906
11 · Investments: publicly traded securities

beginning of year $198,939,611 · end of year $208,225,753
12 · Investments: other securities

beginning of year $1,080,075 · end of year $1,162,947
13 · Investments: program-related

beginning of year $0
15 · Other assets

beginning of year $56,489,090 · end of year $34,580,788
17 · Accounts payable and accrued expenses

beginning of year $39,631,183 · end of year $44,210,325
19 · Deferred revenue

end of year $10,030,690
20 · Tax-exempt bond liabilities

beginning of year $41,808,968 · end of year $40,804,247
22 · Loans and payables to officers and key people

beginning of year $0 · end of year $0
25 · Other liabilities

beginning of year $19,787,975 · end of year $12,796,579
27 · Net assets without donor restrictions

beginning of year $275,840,384 · end of year $317,089,777
28 · Net assets with donor restrictions

beginning of year $1,979,763 · end of year $1,510,024

Mission and programs · 2024

Mission

THE MISSION OF SCOTLAND HEALTH CARE SYSTEM IS TO WORK WITH OUR HEALTH CARE PARTNERS TO CREATE AND OPERATE A PATIENT CENTERED, INTEGRATED SYSTEM TO PROVIDE SAFE, HIGH QUALITY, COMPASSIONATE, AND SUSTAINABLE HEALTH CARE TO THE PEOPLE WE SERVE.

Activities or mission (Part I)

TO OFFER A FULL RANGE OF ACUTE CARE AND INPATIENT SERVICES TO THE RESIDENTS OF SCOTLAND COUNTY, NORTH CAROLINA AND THE SURROUNDING AREA.

SEE SCHEDULE O

Expenses $264,373,738 · Grants $141,698 · Revenue $309,931,096

As filed on the 2024 return.

Listed in Part VII

DAVID POPE

CEO

Total calculated

$446,003

From this org

$411,277

From related orgs

$0

Other

$34,726

Hours/week

40

Schedule J breakdown matched by us

Base

$307,543

Bonus

$103,734

Other

$0

Deferred

$12,650

Nontaxable benefits

$22,076

Filer's total

$446,003
GUY MCCOOK

VICE CHAIR

Total calculated

$0

Hours/week

2
JOHN MCLAURIN

SECOND VICE CHAIR

Total calculated

$0

Hours/week

1
LEE ANN WALKER

CORPORATE SECRETARY

Total calculated

$83,924

From this org

$65,155

From related orgs

$0

Other

$18,769

Hours/week

40
MARK WARD

TREASURER

Total calculated

$0

Hours/week

2
RICHARD ALEXANDER MD

CHIEF OF STAFF

Total calculated

$0

Hours/week

2
SCOTT ANDREWS

BOARD CHAIR

Total calculated

$0

Hours/week

2
BRADLEY WILLIAMS

BOARD MEMBER

Total calculated

$0

Hours/week

1
BRYAN MAYNOR

BOARD MEMBER

Total calculated

$0

Hours/week

1
ELIZABETH MUNNERLYN

BOARD MEMBER

Total calculated

$0

Hours/week

1
EVA SKUKA

BOARD MEMBER

Total calculated

$0

Hours/week

1
GLENN HARRIS MD

PNLC CHAIR

Total calculated

$355,178

From this org

$318,297

From related orgs

$0

Other

$36,881

Hours/week

40

Schedule J breakdown matched by us

Base

$254,821

Bonus

$63,476

Other

$0

Deferred

$20,920

Nontaxable benefits

$15,961

Filer's total

$355,178
HAMPTON HUBBARD

BOARD MEMBER

Total calculated

$0

Hours/week

1
JENNIFER ISENHOUR MD

BOARD MEMBER

Total calculated

$0

Hours/week

1
JESSICA SCOTT

BOARD MEMBER

Total calculated

$0

Hours/week

1
JOHN FERGUSON

BOARD MEMBER

Total calculated

$0

Hours/week

1
RALPH CARTER MD

CQSC, CHAIR

Total calculated

$0

Hours/week

2
RAVONDA JOHN

BOARD MEMBER

Total calculated

$0

Hours/week

1
SYBIL BULLARD

PAST CHAIR OF BOARD

Total calculated

$0

Hours/week

1
LUCIEN ST ONGE

ASSISTANT TREASURER, CFO & COO

Total calculated

$354,286

From this org

$315,195

From related orgs

$0

Other

$39,091

Hours/week

40

Schedule J breakdown matched by us

Base

$216,444

Bonus

$98,751

Other

$0

Deferred

$17,015

Nontaxable benefits

$22,076

Filer's total

$354,286
BEATRICE HOLT

CNO

Total calculated

$383,032

From this org

$333,875

From related orgs

$0

Other

$49,157

Hours/week

40

Schedule J breakdown matched by us

Base

$259,319

Bonus

$74,556

Other

$0

Deferred

$36,121

Nontaxable benefits

$13,036

Filer's total

$383,032
CHRISTI MEGGS

VP, HUMAN RESOURCES

Total calculated

$303,768

From this org

$257,466

From related orgs

$0

Other

$46,302

Hours/week

40

Schedule J breakdown matched by us

Base

$199,714

Bonus

$57,752

Other

$0

Deferred

$24,269

Nontaxable benefits

$22,033

Filer's total

$303,768
SHELLY LOWERY MD

CMO

Total calculated

$541,699

From this org

$486,703

From related orgs

$0

Other

$54,996

Hours/week

40

Schedule J breakdown matched by us

Base

$380,560

Bonus

$106,143

Other

$0

Deferred

$33,463

Nontaxable benefits

$21,533

Filer's total

$541,699
AARON HOUSTON

PHYSICIAN

Total calculated

$1,393,197

From this org

$1,343,031

From related orgs

$0

Other

$50,166

Hours/week

40

Schedule J breakdown matched by us

Base

$815,980

Bonus

$527,051

Other

$0

Deferred

$23,500

Nontaxable benefits

$26,666

Filer's total

$1,393,197
JONATHAN LEWIS

PHYSICIAN

Total calculated

$968,616

From this org

$918,450

From related orgs

$0

Other

$50,166

Hours/week

40

Schedule J breakdown matched by us

Base

$751,202

Bonus

$167,248

Other

$0

Deferred

$23,500

Nontaxable benefits

$26,666

Filer's total

$968,616
KELLY GAGE

PHYSICIAN

Total calculated

$843,738

From this org

$812,738

From related orgs

$0

Other

$31,000

Hours/week

40

Schedule J breakdown matched by us

Base

$812,738

Bonus

$0

Other

$0

Deferred

$31,000

Nontaxable benefits

$0

Filer's total

$843,738
LINDA MITCHELL-FRYE

PHYSICIAN

Total calculated

$761,513

From this org

$700,097

From related orgs

$0

Other

$61,416

Hours/week

40

Schedule J breakdown matched by us

Base

$453,605

Bonus

$246,492

Other

$0

Deferred

$34,750

Nontaxable benefits

$26,666

Filer's total

$761,513
THEODORE STAMATAKOS

PHYSICIAN

Total calculated

$483,194

From this org

$408,814

From related orgs

$0

Other

$74,380

Hours/week

40

Schedule J breakdown matched by us

Base

$408,214

Bonus

$600

Other

$0

Deferred

$34,750

Nontaxable benefits

$39,630

Filer's total

$483,194

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 · Compensation committee
3 · Independent compensation consultant
3 · Form 990 of other organizations
3 · Written employment contract
3 · Compensation survey or study
3 · Approval by the board or compensation committee
4b · Supplemental nonqualified retirement plan

Answered no

4a · Severance or change-of-control payment
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

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: THE ORGANIZATION HAS A SERP PLAN IN PLACE FOR OFFICERS OF THE ORGANIZATION. NO DEFERRALS WERE MADE DURING THE FISCAL YEAR.
COMPENSATION FROM UNRELATED ORGANIZATION: THE ORGANIZATION'S CEO & CFO ARE COMPENSATED BY ATRIUM HEALTH AN UNRELATED ORGANIZATION FOR SERVICES PROVIDED TO SCOTLAND HEALTH CARE SYSTEM AND ITS RELATED ORGANIZATIONS. THIS COMPENSATION HAS BEEN REPORTED IN THE COMPENSATION PAID BY FILING ORGANIZATION COLUMN FOR PART VII AND ROW FOR SCHEDULE J.

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

UNIVERSITY OF NORTH CAROLINA PEMBROKE

$114,360

ATHLETIC DEPARTMENT

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

SCOTLAND HEALTH CARE SYSTEM INC

501(C)(3) · OPERATE FOR THE BENEFIT OF, PERFORM FUNCTIONS, AND CARRY OUT PURPOSES OF SMH · NC

Directly controlled by NA
SCOTLAND MEMORIAL FOUNDATION INC

501(C)(3) · CONDUCT FUNDRAISING ACTIVITIES FOR SCOTLAND HEALTH CARE SYSTEM · NC · controlled entity

Directly controlled by SCOTLAND HEALTH CARE SYSTEM INC
HOSPICE OF SCOTLAND COUNTY INC

501(C)(3) · HEALTHCARE FOR TERMINALLY ILL PATIENTS · NC · controlled entity

Directly controlled by SCOTLAND HEALTH CARE SYSTEM INC
SCOTLAND REGIONAL HEALTH NETWORK

501(C)(3) · OPERATES PHYSICIAN PRACTICES · NC · controlled entity

Directly controlled by SCOTLAND HEALTH CARE SYSTEM INC
SCOTLAND FAMILY COUNSELING CENTER INC

501(C)(3) · FAMILY COUNSELING · NC · controlled entity

Directly controlled by SCOTLAND HEALTH CARE SYSTEM INC

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

CARDIOVASCULAR CENTER OF SCOTLAND COUNTY LLC

RELATED · CARDIOVASCULAR SERVICE - PATIENT CARE · NC · 50% owned · share of income $139,581 · share of assets $1,207,928

Directly controlled by NA

Provenance

Return type: form_990
Tax year: 2024
IRS schema version: 2024v5.1
Source object: 202622249349300727

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