Overview
What is North Mississippi Medical Clinics Inc?
North Mississippi Medical Clinics Inc is a nonprofit organization based in Tupelo, Mississippi, operating 34 primary care and internal medicine clinics primarily within the region. With a workforce of 691 employees, the organization is part of the North Mississippi Health Services (NMHS) and is dedicated to improving the health of people in the area by providing accessible, cost-effective healthcare of high quality. In fiscal year 2022, they served over 427,000 visits and offered charity care to individuals based on their income levels, forgiving approximately $1,882,205 in charges. The charity care policy covers patients from the county where the applicable clinic is located, with potential eligibility for patients from outside the county based on individual circumstances. In fiscal year 2022, the net cost of providing charity care was approximately $1,489,814.
Official website here: www.nmhs.net/clinics.php
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
North Mississippi Medical Clinics Inc has earned a three-star rating from Charity Navigator, signifying a solid performance in accountability and finance with an overall score of 81%. This rating is particularly driven by a comprehensive evaluation of their financial practices, highlighting their transparency and good governance.
The organization demonstrates a robust structure with a majority of independent board members and strong oversight mechanisms in place. Notably, they have achieved full points in areas such as financial statements, conflict of interest policies, and the material diversion of assets, indicating a commitment to ethical management and financial integrity. Their program expense ratio of 93.83% suggests that a substantial portion of their resources is directed toward their mission.
However, a notable concern arises from their liabilities to assets ratio, which significantly exceeds the norm at 144.25%. This may imply potential financial risk or over-leverage, suggesting that while the organization is well-managed in many aspects, stakeholders should be mindful of this financial metric when assessing the overall health of the nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is North Mississippi Medical Clinics Inc legitimate?
North Mississippi Medical Clinics Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Mississippi Medical Clinics 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: $1,474,440
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,788,247
For more financial information, click here
Official website here: www.nmhs.net/clinics.php
What is the mission statement of North Mississippi Medical Clinics Inc?
North Mississippi Medical Clinics Inc is dedicated to enhancing the health of the population they serve. The organization operates 34 primary care and internal medicine clinics, primarily in North Mississippi and Northwest Alabama. North Mississippi Medical Clinics is part of the North Mississippi Health Services (NMHS) organization. NMHS's corporate mission is to continuously improve the health of the people in their region. The clinics work towards achieving this mission by providing conveniently accessible, cost-effective healthcare of the highest quality. They aim to improve the health of the community by delivering comprehensive healthcare services. North Mississippi Medical Clinics prioritize affordability and accessibility, ensuring that high-quality healthcare is within reach for all.
Official website here: www.nmhs.net/clinics.php
Who is the CEO of North Mississippi Medical Clinics Inc?
Sharon Nobles is the Treasurer & Cfo of North Mississippi Medical Clinics Inc.
Official website here: www.nmhs.net/clinics.php
What is the revenue of North Mississippi Medical Clinics Inc?
North Mississippi Medical Clinics Inc's revenue in 2022 was $61,010,414.
Official website here: www.nmhs.net/clinics.php
Who are the executives of North Mississippi Medical Clinics Inc and what are their salaries?
The average compensation at North Mississippi Medical Clinics Inc during 2022 was $72,739. There are 691 employees and 6 volunteers at North Mississippi Medical Clinics Inc.
Here are 17 key members and their salaries:
- Compensation: $0
- Related: $1,217,017
- Other: $15,756
- Compensation: $0
- Related: $913,073
- Other: $14,472
- Compensation: $0
- Related: $709,424
- Other: $30,422
- Compensation: $588,811
- Related: $0
- Other: $28,662
- Compensation: $576,407
- Related: $0
- Other: $27,498
- Compensation: $551,464
- Related: $0
- Other: $31,172
- Compensation: $548,876
- Related: $0
- Other: $28,422
- Compensation: $546,801
- Related: $0
- Other: $24,072
- Compensation: $534,543
- Related: $0
- Other: $30,768
- Compensation: $487,657
- Related: $0
- Other: $26,178
- Compensation: $372,044
- Related: $0
- Other: $5,106
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nmhs.net/clinics.php
Where can I find the form 990 for North Mississippi Medical Clinics Inc?
North Mississippi Medical Clinics Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nmhs.net/clinics.php
Learn more at the official website: www.nmhs.net/clinics.php
Mission Statement of North Mississippi Medical Clinics Inc
North Mississippi Medical Clinics, Inc. (NMHC), a significant player in the healthcare sector, is dedicated to continuously improving the health of the people in its region. The mission of NMHC is twofold: it owns and operates 34 primary care and internal medicine clinics, primarily in North Mississippi and Northwest Alabama, and is committed to providing conveniently accessible, cost-effective healthcare of the highest quality. Through its parent organization, North Mississippi Health Services (NMHS), NMHC strives to enhance the health of the population it serves by delivering top-tier healthcare services. With a presence in North Mississippi and Northwest Alabama, NMHC is deeply rooted in the community it serves, and its mission is to make a positive impact on the health and wellbeing of its patients. By providing accessible healthcare services, NMHC aims to ensure that individuals in the region have the opportunity to receive quality medical care, ultimately contributing to the overall health and vitality of the community.
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Impact
October, 2024
North Mississippi Medical Clinics Inc. makes a significant impact on the health and well-being of communities across 24 counties in north Mississippi and northwest Alabama. Operating 34 medical clinics, the organization plays a crucial role in providing accessible healthcare to a diverse population, with 427,680 patient visits recorded in fiscal year 2022.
A cornerstone of their service is the focus on populations who might otherwise face barriers to healthcare, including those without insurance or with limited financial means. The Clinics maintain a robust charity care policy, ensuring that necessary medical services are available at no cost to needy residents within their service area. In fiscal year 2022, the organization forgave approximately $1,882,205 in charges for services rendered to charity patients, emphasizing its commitment to community health.
Despite the financial challenges associated with providing care at reduced or no cost, North Mississippi Medical Clinics Inc. remains dedicated to its mission of offering high-quality, cost-effective healthcare. The net cost of the charity care provided was about $1,489,814 in the same fiscal period, representing 2.04% of all services delivered. This model of care not only helps improve individual health outcomes but also strengthens the overall community, promoting wellness and ensuring that all members receive the medical attention they need.
This information is meant to be a general summary of North Mississippi Medical Clinics 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: -$62,927
- Program Service Revenue: $59,799,583
- Gross Receipts: $61,095,536
Assets and Liabilities:
- Total Assets: $157,824,227
- Total Liabilities: $227,665,902
- Net Assets: -$69,841,675
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Patient Service Revenue
Revenue
$55,467,525
ACO RESERVE INCOME
Revenue
$3,459,031
Related Rental Income
Revenue
$728,919
Worklink Revenue
Revenue
$140,502
Clinical Trial Revenue
Revenue
$3,606
Organization Details
Founding Year
1990
Phone
(662) 377-3978Principal Officer
Sharon Nobles
Main Address
830 South Gloster Street, Tupelo, MS, 38801
Website
www.nmhs.net/clinics.phpNTEE Category
Code: E320 - Health
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