Overview
What is Magnolia Regional Health System Inc?
Magnolia Regional Health System Inc, also known as Magnolia Regional Medical Center (MRMC), is a nonprofit healthcare organization based in Magnolia, Arkansas. Established in 1939, the medical center has been dedicated to providing comprehensive healthcare services to individuals regardless of their financial means or background. The services offered include inpatient care, surgical procedures, outpatient diagnostics, and emergency care. MRMC operates a clinic network that provides primary and specialty services, particularly in general surgery and orthopedic surgery. Embracing its mission to offer excellent healthcare and education to all, the medical center recognizes the need to help those who cannot afford essential healthcare services. During FY2022, MRMC provided discounted services worth $516,431 to individuals who qualified under its charity care guidelines. The organization goes beyond self-sustainability by dedicating significant time and resources to various community initiatives, such as health screenings, educational services, and support groups. These programs aim to meet critical community needs that would otherwise go unmet. Overall, Magnolia Regional Health System Inc is a compassionate and dedicated healthcare provider, ensuring access to essential healthcare services and education for all.
Official website here: www.magnoliarmc.org
What are the reviews and ratings of this charity?
Magnolia Regional Health System Inc. does not currently have a rating on Charity Navigator due to insufficient data for some of the metrics used for assessments, such as Impact & Measurement, Leadership & Adaptability, and Culture & Community. While historical ratings were more focused on Accountability and Finance, this organization lacks enough consecutive years of e-filed IRS Form 990 data to be evaluated comprehensively at this moment.
The absence of a rating on Charity Navigator is not indicative of either a positive or negative evaluation; rather, it signals the need for more information. This hospital or medical research organization operates independently and will require additional data submissions for a formal analysis under Charity Navigator's metrics. Total revenue and expenditure trends are available, aimed at ensuring financial transparency, but more detailed evaluations remain pending.
Unfortunately, there are no user reviews available on GreatNonprofits for Magnolia Regional Health System Inc., which means there is no additional public feedback to provide insight into the specific experiences and opinions of individuals associated with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Magnolia Regional Health System Inc legitimate?
Magnolia Regional Health System Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magnolia Regional Health System 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: $690,865
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,878,407
For more financial information, click here
Official website here: www.magnoliarmc.org
What is the mission statement of Magnolia Regional Health System Inc?
Magnolia Regional Health System Inc is dedicated to delivering excellent healthcare services and education to all individuals, regardless of their background. The medical center offers comprehensive healthcare services, including inpatient, surgical, outpatient diagnoses, and emergency services. Many individuals may not have the financial means to access essential healthcare services, so the medical center provides free or discounted care for those who qualify under its charity care guidelines. During FY2022, the medical center served 425 patients through this program. Beyond providing discounted services, the medical center also invests significant time and resources into community programs and initiatives that address unmet needs, even if they are not financially viable. These efforts include health screenings, educational services, and various support groups.
Official website here: www.magnoliarmc.org
Who is the CEO of Magnolia Regional Health System Inc?
Brett Kinman is the Ceo of Magnolia Regional Health System Inc. The CEO's salary of Magnolia Regional Health System Inc is $0 and their total compensation is $0.
Official website here: www.magnoliarmc.org
What is the revenue of Magnolia Regional Health System Inc?
Magnolia Regional Health System Inc's revenue in 2022 was $29,851,644.
Official website here: www.magnoliarmc.org
Who are the executives of Magnolia Regional Health System Inc and what are their salaries?
The average compensation at Magnolia Regional Health System Inc during 2022 was $39,776. There are 316 employees and 22 volunteers at Magnolia Regional Health System Inc.
Here are 16 key members and their salaries (Magnolia Regional Health System Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $439,747
- Related: $0
- Other: $12,583
- Compensation: $375,207
- Related: $0
- Other: $9,014
- Compensation: $327,217
- Related: $0
- Other: $12,953
- Compensation: $277,132
- Related: $0
- Other: $2,274
- Compensation: $259,798
- Related: $0
- Other: $15,258
- Compensation: $238,035
- Related: $0
- Other: $9,229
- Compensation: $160,793
- Related: $0
- Other: $7,381
- Compensation: $108,053
- Related: $0
- Other: $9,805
- Compensation: $67,365
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.magnoliarmc.org
Where can I find the form 990 for Magnolia Regional Health System Inc?
Magnolia Regional Health System Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.magnoliarmc.org
Learn more at the official website: www.magnoliarmc.org
Mission Statement of Magnolia Regional Health System Inc
Magnolia Regional Health System Inc, a leading healthcare provider, is dedicated to delivering exceptional healthcare services and education to all individuals, regardless of their race, creed, sex, national origin, or ability to pay. This nonprofit organization, which has served southwestern Arkansas and northwestern Louisiana since 1939, strives to provide comprehensive acute care services, including inpatient, surgical, outpatient diagnostics, and emergency services. In addition to these essential healthcare offerings, Magnolia Regional Medical Center (MRMC) operates a clinic network that caters to primary care and specialty services in general surgery and orthopedic surgery.
Magnolia Regional Health System Inc's commitment to its mission extends beyond its financial capabilities. The organization recognizes that many individuals face financial barriers in accessing essential healthcare services. To address this issue, MRMC offers free or discounted care to those who meet its charity care guidelines. During the fiscal year 2022, this initiative provided discounted services worth $516,431 to 425 patients.
Beyond its financial commitment, Magnolia Regional Health System Inc invests significant time and resources into various programs and services that cater to underserved community needs. These efforts include health screenings and assessments, community educational services, and various support groups. Although these programs may not be financially viable, they are essential to addressing the unique needs of the community. MRMC's dedication to its mission is a testament to its unwavering commitment to providing top-notch healthcare services and education to all individuals, prioritizing accessibility and inclusivity.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Magnolia Regional Health System Inc plays a pivotal role in delivering comprehensive healthcare services to individuals in southwestern Arkansas and northwestern Louisiana, regardless of their financial circumstances. Since its establishment in 1939, the Magnolia Regional Medical Center (MRMC) has been committed to providing acute care services, including inpatient care, surgical services, outpatient diagnostics, and emergency care.
One of its significant impacts is the accessibility it offers to underserved populations. By adhering to its mission of providing excellent healthcare services and education, MRMC addresses the challenges faced by individuals who may lack the financial resources to obtain essential healthcare. Its charity care guidelines ensure that qualified individuals can receive free or discounted services, significantly reducing health disparities in the community. In FY2022 alone, MRMC provided $516,431 in discounted services and assisted 425 patients through its charity care program.
Beyond immediate healthcare services, MRMC is devoted to fulfilling critical community needs that often go unmet. This includes providing health screenings, educational services, and support groups aimed at enhancing community health and wellness. These initiatives demonstrate MRMC's commitment to a holistic approach to healthcare, prioritizing not only treatment but also education and preventative care.
This information is meant to be a general summary of Magnolia Regional Health System 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: $42,535
- Program Service Revenue: $26,543,681
- Gross Receipts: $29,902,119
Assets and Liabilities:
- Total Assets: $44,149,724
- Total Liabilities: $5,526,308
- Net Assets: $38,623,416
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENUE
Revenue
$25,884,393
340B REVENUE
Revenue
$599,830
KIDS FIRST REVENUE
Revenue
$42,125
INCENTIVE REVENUE
Revenue
$2,198
TRICARE REVENUE
Revenue
$1,890
Organization Details
Founding Year
2020
Phone
(870) 235-3185Principal Officer
Brett Kinman
Main Address
PO BOX 629, MAGNOLIA, AR, 71754
Website
www.magnoliarmc.orgNTEE Category
Code: E20 - Health
If you are a representative of Magnolia Regional Health System Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.