Crete Area Medical Center
Nonprofit profile at a glance
- EIN
- 470841285
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Crete, NE, US
- Phone
- 402-826-2102
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospital, General
Reported finances
- Revenue
- $36,990,955
- Expenses
- $31,087,720
- Assets
- $58,939,774
- Liabilities
- $3,471,678
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- STEPHANIE BOLDT (EX-OFFICIO MEMBER/CEO CRETE AREA MEDICAL CENTER)
Highest reported compensation
- MARIA ISQUIERDO (DIRECTOR): $640,058 total reported compensation
- JASON HESSER MD (EX-OFFICIO MEMBER/CHIEF OF STAFF CRETE AREA MEDICAL CENTER): $484,505 total reported compensation
- KATE HESSER MD (PHYSICIAN): $440,985 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To advance the health of the communities and region we serve through collaboration, prevention, innovation, and exceptional care.
What it reported doing in 2024
Crete area medical center ("camc") is a part of bryan health. Camc, located in crete, Nebraska, is a Nebraska nonprofit corporation as described in section 501(c)(3) of the internal revenue code and has received determination that it is exempt from federal income taxes on related income pursuant to section 501(a) of the code in order to provide health care services. Camc was incorporated in april 2001 and operates a 15-licensed bed critical access hospital and three physician clinics serving patients and residents principally from saline and lancaster counties. During the year ending december 31, 2024, camc provided inpatient acute, swing bed and nursery services to 312 patients. Camc performed 712 surgical procedures and provided primary care physician services with 27,176 visits. In 2024, camc also provided charity care to 898 patients and serviced 1,857 medicaid patients.
Operating model
- Revenue model
- Other-operating. 96% 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. A relatively small share of voting board members are independent and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 76
- Accountability: 75
- Sustainability: 66
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.2%; rating input score 79
- Program expense ratio: 93.3%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 57.1%; rating input score 57; 9th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 16%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 1.9; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 81; 81st percentile among comparable filings
- Officer compensation ratio: 9.9%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 5.4% per year; rating input score 100; 45th percentile among comparable filings
- Revenue growth: 4.7% per year; rating input score 100; 41st percentile among comparable filings
- Asset growth: 5% per year; rating input score 100; 35th percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 79.2% of revenue deployed · 93.3% of spending went to programs
- Governance: 4 of 7 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $29M in reported program spending
- Leadership: top reported pay $640K · 14 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $125K reported
- Consistency: 31 of 31 current checks pass
- Schedules: 9 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 14 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- Related organizations: 23 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Independent voting board scored 57/100.
- High — Sustainability: Officer compensation ratio scored 20/100.