Overview
What is North Mississippi Medical Center Inc?
North Mississippi Medical Center Inc, based in Tupelo, MS, serves over 700,000 residents in north Mississippi, northwest Alabama, and portions of Tennessee. With 5,343 employees, the medical center offers inpatient and outpatient care, emergency services, and rural health clinics. Its team of medical professionals covers over 40 medical specialties and features centers of excellence in various fields, including cancer treatment and research, neurology, and cardiology. The organization also operates a home health agency, providing complex procedures for patients in 17 counties. As a Level II trauma center, the medical center provides round-the-clock emergency care and maintains a commitment to meet national healthcare standards. With a focus on community service, NMMC offers charity care to those in need, with approximately 4.84% of services provided on a charity basis in fiscal year 2022.
Official website here: www.nmhs.net/
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
North Mississippi Medical Center Inc has achieved an impressive 96% score from Charity Navigator, reflecting its strong commitment to accountability and finance. This rating signifies a high level of trustworthiness and responsible management of resources, which is vital for nonprofit organizations. The evaluation is based entirely on accountability and financial practices, indicating a focus on transparency and effective governance.
The organization boasts a fully independent board with 13 members, scoring maximally on board independence and size. Additionally, it has a robust audit and oversight committee, alongside multiple policies in place, such as conflict of interest and whistleblower protections. This governance framework enhances the nonprofit's credibility and assures donors of its ethical operations.
Financially, North Mississippi Medical Center demonstrates efficiency with an impressive program expense ratio of 88.25%, meaning most of its expenditures directly support its mission. The liabilities to assets ratio of 36.40% further indicates solid financial health. No material diversion of assets has been reported, showcasing a commitment to integrity and responsible stewardship of funds. Overall, the organization stands out as a reputable entity within the nonprofit sector, though continued vigilance and engagement with stakeholders will be essential for maintaining this standing.
This AI summary has been generated from information found on Charity Navigator.
Is North Mississippi Medical Center Inc legitimate?
North Mississippi Medical Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Mississippi Medical Center Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $4,538,265
Professional Fundraising Fees: $0
Other Salaries and Wages: $305,646,722
For more financial information, click here
Official website here: www.nmhs.net/
What is the mission statement of North Mississippi Medical Center Inc?
The North Mississippi Medical Center Inc is dedicated to improving the health of the people in its region. As a 650-bed referral center, it serves over 700,000 individuals across 24 counties in Mississippi, northwest Alabama, and portions of Tennessee. The organization, which is part of the North Mississippi Health Services, strives to provide conveniently accessible, cost-effective, and high-quality healthcare to meet the needs of its growing population. By continually improving the health of the people, North Mississippi Medical Center aims to make a significant impact on the well-being of the community it serves.
Official website here: www.nmhs.net/
Who is the CEO of North Mississippi Medical Center Inc?
Sharon Nobles is the Physician of North Mississippi Medical Center Inc.
Official website here: www.nmhs.net/
What is the revenue of North Mississippi Medical Center Inc?
North Mississippi Medical Center Inc's revenue in 2022 was $817,395,126.
Official website here: www.nmhs.net/
Who are the executives of North Mississippi Medical Center Inc and what are their salaries?
The average compensation at North Mississippi Medical Center Inc during 2022 was $58,054. There are 5343 employees and 44 volunteers at North Mississippi Medical Center Inc.
Here are 33 key members and their salaries:
- Compensation: $1,721,759
- Related: $0
- Other: $10,470
- Compensation: $1,456,019
- Related: $0
- Other: $14,160
- Compensation: $1,364,304
- Related: $0
- Other: $27,406
- Compensation: $1,348,235
- Related: $0
- Other: $27,096
- Compensation: $1,265,542
- Related: $0
- Other: $28,422
- Compensation: $0
- Related: $1,217,017
- Other: $15,756
- Compensation: $1,172,917
- Related: $0
- Other: $17,143
- Compensation: $0
- Related: $913,073
- Other: $14,472
- Compensation: $896,442
- Related: $0
- Other: $10,050
- Compensation: $0
- Related: $420,651
- Other: $11,155
- Compensation: $394,056
- Related: $0
- Other: $28,422
- Compensation: $373,702
- Related: $0
- Other: $28,232
- Compensation: $361,246
- Related: $0
- Other: $9,994
- Compensation: $269,030
- Related: $0
- Other: $7,556
- Compensation: $259,650
- Related: $0
- Other: $11,045
- Compensation: $249,117
- Related: $0
- Other: $10,928
- Compensation: $242,081
- Related: $0
- Other: $7,937
- Compensation: $209,052
- Related: $0
- Other: $9,708
- Compensation: $202,639
- Related: $0
- Other: $14,760
- Compensation: $159,205
- Related: $0
- Other: $26,073
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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Official website here: www.nmhs.net/
Where can I find the form 990 for North Mississippi Medical Center Inc?
North Mississippi Medical Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nmhs.net/
Learn more at the official website: www.nmhs.net/
Mission Statement of North Mississippi Medical Center Inc
North Mississippi Medical Center, a prominent 650-bed regional referral center, is dedicated to enhancing the health of over 700,000 individuals residing in 24 counties across north Mississippi, northwest Alabama, and portions of Tennessee. This institution, the largest within the North Mississippi Health Services organization, aims to provide cost-effective, high-quality healthcare that is easily accessible to those in the region. The corporate mission of North Mississippi Medical Center is to continually improve the health of the people of its region, working tirelessly to deliver convenient healthcare solutions that cater to the diverse needs of its community. The organization's unwavering commitment to quality healthcare is reflected in its ongoing efforts to deliver the best possible care to its patients. North Mississippi Medical Center's unyielding dedication to its mission lies at the heart of its operations, ensuring that it remains at the forefront of the healthcare landscape in the region.
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Impact
October, 2024
North Mississippi Medical Center (NMMC) serves as a critical healthcare hub for over 700,000 residents across 24 counties in north Mississippi, northwest Alabama, and parts of Tennessee. As a 650-bed regional referral center located in Tupelo, NMMC provides comprehensive medical care that includes an extensive range of inpatient and outpatient services. In fiscal year 2022, NMMC recorded 20,679 inpatient admissions, received 66,513 emergency department visits, and facilitated an impressive 603,255 outpatient visits, highlighting its vital role in the community's health.
The center boasts a diverse medical staff representing over 40 specialties, and includes renowned centers of excellence in areas such as cancer treatment and research, neurology, cardiac care, and pulmonary health. Additionally, NMMC is designated as a Level II trauma center, offering advanced trauma care capabilities that meet essential national standards, which underscores its commitment to high-quality emergency medical services.
NMMC is also deeply committed to community health, providing financial assistance to individuals at or below 150% of the federal poverty level. In fiscal year 2022, the hospital provided approximately $107 million in charity care, demonstrating its dedication to ensuring access to necessary healthcare for all community members, regardless of their financial situation.
Recognized for its innovative practices, NMMC received the Malcolm Baldrige National Quality Award in 2006, a prestigious honor signifying excellence in organizational performance. As part of its continuous improvement efforts, NMMC participates in the QUEST initiative, focusing on enhancing quality and safety while managing healthcare costs effectively.
Through its extensive services and community-focused programs, North Mississippi Medical Center plays an indispensable role in promoting the health and well-being of individuals in the region it serves, embodying a mission to deliver accessible and high-quality healthcare to all.
This information is meant to be a general summary of North Mississippi Medical Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $9,670,717
- Program Service Revenue: $773,227,138
- Gross Receipts: $2,482,799,367
Assets and Liabilities:
- Total Assets: $1,429,253,469
- Total Liabilities: $520,406,693
- Net Assets: $908,846,776
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE REVENUE
Revenue
$767,573,167
Wellness Center Revenue
Revenue
$2,066,731
Related Rental Income
Revenue
$1,564,677
Medicaid Part D Revenue
Revenue
$1,202,893
Child Development Center Revenue
Revenue
$819,670
Organization Details
Founding Year
1982
Phone
(662) 377-3978Principal Officer
Sharon Nobles
Main Address
830 South Gloster Street, Tupelo, MS, 38801
Website
www.nmhs.net/NTEE Category
Code: E220 - Health
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