Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $885,000

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

  total $17,192,928 · related or exempt $17,192,928

• 2b · Program service revenue: WELLNESS CENTER REVENUE

  total $107,919 · related or exempt $107,919

• 2c · Program service revenue: RELATED RENTAL REVENUE

  total $4,620 · related or exempt $4,620

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $5,030 · excluded $5,030

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $39,506

• 7c · Gain or loss

  securities $39,506 · other assets $0

• 7d · Net gain or loss

  total $39,506 · excluded $39,506

• 11a · Other revenue: EMPLOYEE DRUGS

  total $658,417 · excluded $658,417

• 11b · Other revenue: REBATE INCOME

  total $54,444 · excluded $54,444

• 11d · All other revenue

  total $2,029 · related or exempt $0 · unrelated business $0 · excluded $2,029

• 11e · Other revenue, total

  $714,890

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $0 · program services $0

• 2 · Grants to domestic individuals

  total $0 · program services $0

• 3 · Grants to foreign organizations and individuals

  total $0 · program services $0

• 4 · Benefits paid to or for members

  total $0 · program services $0

• 5 · Compensation of officers, directors and key employees

  total $0 · program services $0

• 6 · Compensation of disqualified persons

  total $0 · program services $0

• 7 · Other salaries and wages

  total $9,024,561 · program services $8,107,983 · management and general $916,578

• 8 · Pension plan contributions

  total $587,577 · program services $587,577

• 9 · Other employee benefits

  total $1,476,035 · program services $1,476,035

• 10 · Payroll taxes

  total $622,186 · program services $583,278 · management and general $38,908

• 11a · Fees: management

  total $149,956 · management and general $149,956

• 11b · Fees: legal

  total $7,176 · management and general $7,176

• 11c · Fees: accounting

  total $31,040 · management and general $31,040

• 11g · Fees: other

  total $1,936,315 · program services $1,936,315 · management and general $0 · fundraising $0

• 12 · Advertising and promotion

  total $11,212 · program services $11,212

• 13 · Office expenses

  total $210,952 · program services $210,952

• 14 · Information technology

  total $402,603 · program services $402,603

• 16 · Occupancy

  total $493,471 · program services $493,471

• 17 · Travel

  total $49,159 · program services $49,159

• 19 · Conferences, conventions and meetings

  total $21,686 · program services $21,686

• 22 · Depreciation, depletion and amortization

  total $832,724 · program services $832,724

• 23 · Insurance

  total $81,733 · management and general $81,733

• 24a · Other expenses: MEDICAL SUPPLIES

  total $2,699,967 · program services $2,699,967

• 24b · Other expenses: REPAIRS AND MAINTENANCE

  total $120,045 · program services $120,045

• 24c · Other expenses: COLLECTION FEES

  total $107,358 · program services $107,358

• 24d · Other expenses: TAXES AND LICENSES

  total $59,086 · program services $59,086

• 24e · All other expenses

  total $99,623 · program services $99,623 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,410 · end of year $1,310

• 2 · Savings and temporary cash investments

  beginning of year $526,394 · end of year $191,394

• 4 · Accounts receivable

  beginning of year $772,825 · end of year $733,121

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 8 · Inventories for sale or use

  beginning of year $422,627 · end of year $392,739

• 9 · Prepaid expenses and deferred charges

  beginning of year $15,741 · end of year $260

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

  $24,802,337

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

  $16,817,305

• 10c · Land, buildings and equipment, net

  beginning of year $8,616,417 · end of year $7,985,032

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $736,237 · end of year $381,357

• 17 · Accounts payable and accrued expenses

  beginning of year $6,012,180 · end of year $5,526,251

• 22 · Loans and payables to officers and key people

  end of year $0

• 25 · Other liabilities

  beginning of year $15,398,620 · end of year $14,058,351

• 27 · Net assets without donor restrictions

  beginning of year -$10,389,276 · end of year -$9,972,319

• 28 · Net assets with donor restrictions

  beginning of year $70,127 · end of year $72,930

The filer's explanations (Part III)

Schedule J, Part I, Line 3

NORTH MISSISSIPPI HEALTH SERVICES (NMHS) ESTABLISHES THE PAY OF THE CEO AND COMPENSATES HIM. NMHS USES THE FOLLOWING METHODS FOR ESTABLISHING THE COMPENSATION: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

Schedule J, Part I, Line 4b

THE FOLLOWING PEOPLE PARTICIPATED IN OR RECEIVED PAYMENT FROM A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: SHARON NOBLES - $54,519 MICHAEL SHANE SPEES - $111,507 BRUCE TOPPIN - $40,061

Schedule J, Part I, Line 7

PHYSICIAN BONUSES ARE ALL CONTINGENT INCOME DEPENDING UPON EITHER THE NUMBER OF SERVICES PROVIDED OR THE QUALITY OF PERFORMANCE PERFORMED. ALL ARE SPECIFIED IN THEIR CONTRACTS. ANY OTHER INCENTIVES ARE PAID OUT AS CONTINGENT INCOME ALSO BASED ON QUALITY AND FINANCIAL PERFORMANCE METRICS.

Related partnerships

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

• MEDICAL IMAGING LLC

  MEDICAL IMAGING · MS

  Directly controlled by NA

• CENTER FOR DIGESTIVE HEALTH LLC

  DIGESTIVE CARE · MS

  Directly controlled by NA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• NORTH MISSISSIPPI HEALTH LINK INC

  C Corporation · MEDICAL SERVICES · DE · controlled entity

  Directly controlled by NMHS

• NORTH MS ENTERPRISES INC

  C Corporation · MEDICAL SERVICES · DE · controlled entity

  Directly controlled by NMHS

• PROFESSIONAL PRACTICE MANAGEMENT INC

  C Corporation · MED SERV MGMT · DE · controlled entity

  Directly controlled by NMMCL

• ACCLAIM INC

  C Corporation · HLTH CARE CLAIMS · DE · controlled entity

  Directly controlled by HEALTHLINK

• NORTH MS SUPPORT SERVICES INC

  C Corporation · SUPPORT SERVICES · DE · controlled entity

  Directly controlled by NMHS