Sidney Regional Medical Center

Legal name: Cheyenne County Hospital Association Inc

Nonprofit profile at a glance

EIN
470408242
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Sidney, NE, US
Phone
308-254-5825
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Hospital, General

Official website

Reported finances

Revenue
$88,488,589
Expenses
$87,136,958
Assets
$121,972,149
Liabilities
$60,805,763

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

18 people listed

Executive titles in this filing

  • JASON PETIK (CEO)

Highest reported compensation

  • KELLY CASEY MD (SURGEON): $965,397 total reported compensation
  • REBECCA L ALLARD MD (PHYSICIAN): $855,277 total reported compensation
  • JOSHUA CALDWELL (UROLOGIST): $739,162 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

At Sidney Regional Medical Center (SRMC), we know how important – and rare it is – to find extraordinary care close to home. This is why we bring quality services to you. Our family practice providers and visiting specialists allow our healthcare team of professionals to offer you affordable care close to home without the travel or time constraints. At SRMC, you will always receive the best care from our highly skilled team of professionals.

What it reported doing in 2024

In 2024, the hospital nursing department provided 2,048 patient days of care, including general inpatient, icu patients and swing bed patients, and delivered 71 newborns for the seven county area that sidney regional medical center (srmc) serves. Srmc had 4,436 patients seek care in the emergency department during 2024 and cared for 351 oservation patients who needed care but did not qualify for inpatient services under cms rules.

Operating model

Revenue model
Other-operating. 97% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 76
  • Accountability: 85
  • Sustainability: 39
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.4%; rating input score 86
  • Program expense ratio: 87.7%; rating input score 88
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 8th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 79.8%; rating input score 80; 17th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 81.8%; rating input score 82; 29th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.5%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 1.4; rating input score 51; 51st percentile among comparable filings
  • Liabilities to assets ratio: 0.5; rating input score 36; 36th percentile among comparable filings
  • Officer compensation ratio: 7%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: 5.7% per year; rating input score 100; 46th percentile among comparable filings
  • Revenue growth: 7.1% per year; rating input score 100; 61st percentile among comparable filings
  • Asset growth: 8.7% per year; rating input score 100; 63rd percentile among comparable filings

Details

  • What they do: 16 programs and campaigns described on the official site · 2 operating locations identified
  • Where the money goes: 86.4% of revenue deployed · 87.7% of spending went to programs
  • Governance: 9 of 11 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $76.4M in reported program spending
  • Leadership: top reported pay $965K · 18 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $20.9M reported
  • Consistency: 34 of 35 current checks pass · 1 finding to review
  • Schedules: 11 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 12 filed money-flow records
  • Related organizations: 6 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 40/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 51/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 36/100.