Form 990 for tax year 2024
Filed by SHELBY COUNTY MEMORIAL HOSPITAL ASSOCIATION INC.
Totals
- Total revenue
- $128,665,963
- Total expenses
- $128,951,958
- Contributions and grants received
- $354,718
- Grants paid
- $0
- Program service revenue
- $115,981,491
- Investment income
- $5,556,582
- Other revenue
- $6,773,172
- Total assets, end of year
- $156,348,091
- Total liabilities, end of year
- $14,156,231
- Net assets or fund balances, end of year
- $142,191,860
- Program services expenses (Part IX)
- $106,856,444
- Management and general expenses
- $22,095,514
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $106,856,444
Program services were 82.9% 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.
-
1d · Related organizations
$354,718
-
2a · Program service revenue: NET PATIENT REVENUE
total $115,981,491 · related or exempt $115,981,491
-
3 · Investment income
total $4,840,446 · excluded $4,840,446
-
6a · Gross rents
real property $755,632
-
6b · Less rental expenses
real property $129,098
-
6c · Rental income or loss
real property $626,534
-
6d · Net rental income or loss
total $626,534 · excluded $626,534
-
7a · Gross sales of assets other than inventory
securities $10,939,419
-
7b · Less cost or other basis and sales expenses
securities $10,223,283
-
7c · Gain or loss
securities $716,136
-
7d · Net gain or loss
total $716,136 · excluded $716,136
-
11a · Other revenue: MISCELLANEOUS
total $3,296,566 · related or exempt $2,101,261 · excluded $1,195,305
-
11b · Other revenue: INVESTMENT IN JOINT VENTURES
total $2,350,330 · related or exempt $2,350,330
-
11c · Other revenue: DIETARY
total $499,742 · excluded $499,742
-
11e · Other revenue, total
$6,146,638
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $2,109,699 · program services $1,784,927 · management and general $324,772
-
7 · Other salaries and wages
total $47,233,114 · program services $39,961,944 · management and general $7,271,170
-
8 · Pension plan contributions
total $2,196,373 · program services $1,788,848 · management and general $407,525
-
9 · Other employee benefits
total $6,633,703 · program services $5,402,857 · management and general $1,230,846
-
10 · Payroll taxes
total $3,413,882 · program services $2,780,456 · management and general $633,426
-
11a · Fees: management
total $125,000 · program services $101,015 · management and general $23,985
-
11b · Fees: legal
total $66,142 · program services $53,451 · management and general $12,691
-
11c · Fees: accounting
total $99,750 · program services $80,610 · management and general $19,140
-
11g · Fees: other
total $37,496,727 · program services $30,301,924 · management and general $7,194,803
-
12 · Advertising and promotion
total $431,324 · program services $341,945 · management and general $89,379
-
13 · Office expenses
total $1,301,895 · program services $1,280,569 · management and general $21,326
-
14 · Information technology
total $298,462 · program services $236,615 · management and general $61,847
-
16 · Occupancy
total $1,485,777 · program services $1,177,894 · management and general $307,883
-
17 · Travel
total $193,166 · program services $153,138 · management and general $40,028
-
19 · Conferences, conventions and meetings
total $287,447 · program services $227,882 · management and general $59,565
-
20 · Interest
total $15,094 · program services $15,094
-
22 · Depreciation, depletion and amortization
total $6,418,050 · program services $3,536,233 · management and general $2,881,817
-
23 · Insurance
total $1,503,586 · program services $1,192,013 · management and general $311,573
-
24a · Other expenses: MEDICAL AND OTHER SUPPL
total $12,849,512 · program services $12,639,032 · management and general $210,480
-
24b · Other expenses: FRANCHISE FEE
total $2,644,575 · program services $2,096,566 · management and general $548,009
-
24c · Other expenses: DUES AND SUBSCRIPTIONS
total $811,700 · program services $643,500 · management and general $168,200
-
24d · Other expenses: DIETARY
total $622,176 · program services $493,249 · management and general $128,927
-
24e · All other expenses
total $714,804 · program services $566,682 · management and general $148,122
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,829,365 · end of year $8,477,359
-
2 · Savings and temporary cash investments
beginning of year $349,138 · end of year $350,261
-
4 · Accounts receivable
beginning of year $13,180,420 · end of year $12,908,978
-
8 · Inventories for sale or use
beginning of year $1,448,222 · end of year $1,550,526
-
9 · Prepaid expenses and deferred charges
beginning of year $1,719,697 · end of year $1,767,517
-
10a · Land, buildings and equipment: cost or other basis
$148,299,257
-
10b · Land, buildings and equipment: accumulated depreciation
$105,919,669
-
10c · Land, buildings and equipment, net
beginning of year $43,310,523 · end of year $42,379,588
-
11 · Investments: publicly traded securities
beginning of year $60,519,974 · end of year $61,966,081
-
12 · Investments: other securities
beginning of year $6,351,115 · end of year $4,864,398
-
15 · Other assets
beginning of year $20,171,508 · end of year $22,083,383
-
17 · Accounts payable and accrued expenses
beginning of year $11,270,765 · end of year $12,369,808
-
20 · Tax-exempt bond liabilities
beginning of year $1,820,329 · end of year $615,281
-
25 · Other liabilities
beginning of year $670,512 · end of year $1,171,142
-
27 · Net assets without donor restrictions
beginning of year $122,457,843 · end of year $124,079,507
-
28 · Net assets with donor restrictions
beginning of year $15,660,513 · end of year $18,112,353
Mission and programs · 2024
Mission
TO MAINTAIN A PATIENT-CENTERED ENVIRONMENT THAT ENCOURAGES AND SUPPORTS INNOVATION AND TEAMWORK IN ACHIEVING EXCELLENCE. TO MAXIMIZE CUSTOMER SATISFACTION BY MEETING THE HIGHEST STANDARDS OF VALUE, SERVICE, AND PERFORMANCE. TO PROVIDE COMMUNITY LEADERSHIP BY ASSURING ACCESS TO THE HIGHEST QUALITY, COMPREHENSIVE HEALTH CARE SERVICES.
-
HEALTH CARE SERVICES RELATED TO IMPROVING THE HEALTH OF THE COMMUNITY FOR BOTH INPATIENT AND OUTPATIENT PROGRAMS.INPATIENT HEALTHCARE SERVICES - THERE WERE 2,910 ADMISSIONS TO THE HOSPITAL IN 2024, REPRESENTING 6,551 PATIENT DAYS OF CARE. THERE WERE 375 INPATIENT SURGERIES PERFORMED DURING 2024. OUTPATIENT HEALTHCARE SERVICES - THERE WERE 100,016 OUTPATIENT REGISTRATIONS RECORDED IN 2024. SAME DAY SURGERY - THERE WERE 3,590 OUTPATIENT SURGERIES PERFORMED AT THE HOSPITAL IN 2024. EMERGENCY SERVICES - 18,573; HOME HEALTH VISITS - 17,465; HOSPICE - 8,034; OCCUPATIONAL HEALTH VISITS - 16,632; WILSON HEALTH MEDICAL GROUP OFFICE VISITS - 128,952
Expenses $106,856,444 · Revenue $120,433,082
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Janice BenanzerJANICE BENANZER
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Tom MilliganTOM MILLIGAN
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jackie DavisJACKIE DAVIS
TREASURER/SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
John DeedsJOHN DEEDS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Marian SpicerMARIAN SPICER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Andy CountsANDY COUNTS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Charles EdelenCHARLES EDELEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Paul DentingerPAUL DENTINGER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Shelly GassonSHELLY GASSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Gary HeitmeyerGARY HEITMEYER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rudy KeisterRUDY KEISTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Eric PrengerDR ERIC PRENGER
TRUSTEE
- Total calculated
- $345,449
- From this org
- $300,383
- From related orgs
- $0
- Other
- $45,066
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $208,096
- Bonus
- $84,732
- Other
- $7,555
- Deferred
- $10,090
- Nontaxable benefits
- $34,976
- Filer's total
- $345,449
-
Jason StiverJASON STIVER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Matthew VaskoDR MATTHEW VASKO
TRUSTEE
- Total calculated
- $383,888
- From this org
- $335,222
- From related orgs
- $0
- Other
- $48,666
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $250,733
- Bonus
- $47,239
- Other
- $37,250
- Deferred
- $13,514
- Nontaxable benefits
- $35,152
- Filer's total
- $383,888
-
Dr Fred HaussmanDR FRED HAUSSMAN
TRUSTEE PARTIAL TERM
- Total calculated
- $0
- Hours/week
- 1
-
Devon BeerDEVON BEER
TRUSTEE PARTIAL TERM
- Total calculated
- $0
- Hours/week
- 1
-
Mark KlostermanMARK KLOSTERMAN
CEO
- Total calculated
- $676,805
- From this org
- $621,885
- From related orgs
- $0
- Other
- $54,920
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $460,242
- Bonus
- $147,850
- Other
- $13,793
- Deferred
- $20,100
- Nontaxable benefits
- $34,820
- Filer's total
- $676,805
-
Julie CovaultJULIE COVAULT
COO
- Total calculated
- $512,970
- From this org
- $458,555
- From related orgs
- $0
- Other
- $54,415
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $360,320
- Bonus
- $75,450
- Other
- $22,785
- Deferred
- $20,700
- Nontaxable benefits
- $33,715
- Filer's total
- $512,970
-
Melissa TallmadgeMELISSA TALLMADGE
CHIEF NURSING OFFICER
- Total calculated
- $190,585
- From this org
- $185,673
- From related orgs
- $0
- Other
- $4,912
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $185,467
- Bonus
- $0
- Other
- $206
- Deferred
- $1,881
- Nontaxable benefits
- $3,031
- Filer's total
- $190,585
-
Michael J ViettiMICHAEL J VIETTI
PHYSICIAN
- Total calculated
- $733,664
- From this org
- $681,243
- From related orgs
- $0
- Other
- $52,421
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $486,422
- Bonus
- $186,457
- Other
- $8,364
- Deferred
- $15,525
- Nontaxable benefits
- $36,896
- Filer's total
- $733,664
-
Andrew David McDonaldANDREW DAVID MCDONALD
PHYSICIAN
- Total calculated
- $594,192
- From this org
- $542,471
- From related orgs
- $0
- Other
- $51,721
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $443,159
- Bonus
- $58,045
- Other
- $41,267
- Deferred
- $15,525
- Nontaxable benefits
- $36,196
- Filer's total
- $594,192
-
Daniel John DilworthDANIEL JOHN DILWORTH
PHYSICIAN
- Total calculated
- $551,872
- From this org
- $502,445
- From related orgs
- $0
- Other
- $49,427
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $461,400
- Bonus
- $32,100
- Other
- $8,945
- Deferred
- $15,525
- Nontaxable benefits
- $33,902
- Filer's total
- $551,872
-
Kristi L PedlerKRISTI L PEDLER
PHYSICIAN
- Total calculated
- $509,270
- From this org
- $494,133
- From related orgs
- $0
- Other
- $15,137
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $280,000
- Bonus
- $198,355
- Other
- $15,778
- Deferred
- $12,645
- Nontaxable benefits
- $2,492
- Filer's total
- $509,270
-
Rosemary McCarthyROSEMARY MCCARTHY
PHYSICIAN
- Total calculated
- $538,382
- From this org
- $493,285
- From related orgs
- $0
- Other
- $45,097
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $287,964
- Bonus
- $164,127
- Other
- $41,194
- Deferred
- $13,545
- Nontaxable benefits
- $31,552
- Filer's total
- $538,382
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 · Compensation survey or study
- 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.
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.
-
WILSON MEMORIAL HOSPITAL FOUNDATION
501(C)(3) · SUPPORTING HOSPITAL ACTIVITIES · OH · controlled entity
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.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
WILSON CARE LLC
PHYSICIAN OFFICES · OH · income $17,248,441 · assets $2,486,045
Directly controlled by WILSON MEMORIAL HOSPITAL
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
WILSON SLEEP LLC
RELATED · SLEEP LAB STUDIES · OH · 60% owned · share of income $167,170 · share of assets $64,370
Directly controlled by SHELBY COUNTY MEMORIAL HOSPITAL
-
VALLEY REGIONAL SURGERY CENTER
RELATED · SURGICAL SERVICES · OH · 51% owned · share of income $13,545 · share of assets $304,806
Directly controlled by SHELBY COUNTY MEMORIAL HOSPITAL
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513219349312401
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