Hamilton Medical Center Inc

Nonprofit profile at a glance

EIN
581519911
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Dalton, GA, USA
Phone
7062726115
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Hospital, General

Official website

Reported finances

Revenue
$733,442,848
Expenses
$674,274,231
Assets
$1,341,601,773
Liabilities
$570,214,383

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

Leadership & pay

25 people listed

Executive titles in this filing

  • JEFFREY D MYERS (PRESIDENT/CEO)
  • SANDRA D MCKENZIE (VICE PRESIDENT)
  • ERNALDO ELEMENTO (VICE PRESIDENT)
  • ALFRED D WRIGHT (VICE PRESIDENT)
  • JUDEAN GUINN (VICE PRESIDENT)
  • NED WIGGS (VICE PRESIDENT)

Highest reported compensation

  • JEFFREY D MYERS (PRESIDENT/CEO): $2,944,136 total reported compensation
  • SANDRA D MCKENZIE (VICE PRESIDENT): $1,639,506 total reported compensation
  • JULIE A SOEKORO (CFO/ASSISTANT TREASURER): $1,068,317 total reported compensation

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

Overview

Mission

As an affiliate of hamilton health care system, hamilton medical center, inc. Supports the system mission of providing leadership, partnerships and seamless resource coordination to meet health care needs that advance the quality and dignity of life.

What it reported doing in 2024

Hamilton medical center, inc. Operates acute care hospitals, including a 24-hour emergency room, which serves the needs of communities of multiple diverse areas. During the fiscal year ended 09/30/2025, the hospitals provided 88,488 patient days and 312,065 outpatient visits. Hamilton serves the needs of area residents without discrimination and regardless of ability to pay. Accordingly, the hospital provided $94,734,080 in charity care at established rates to patients unable to pay for their health care services this fiscal year. In addition, charges of $2,202,307,370 were not collected due to shortfalls from medicare and medicaid.

Operating model

Revenue model
Earned-program. 96% of the money available for current operations came from fees and other program 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 84
  • Accountability: 87
  • Sustainability: 64
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.1%; rating input score 79
  • Program expense ratio: 83.8%; rating input score 84
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Pass
    • 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: Limited

Accountability

  • Independent voting board: 76.9%; rating input score 77; 25th 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: 8.1%; rating input score 67; 67th percentile among comparable filings
  • Total-asset coverage ratio: 1.99; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: 0.43; rating input score 42; 42nd percentile among comparable filings
  • Officer compensation ratio: 0.9%; rating input score 76; 76th percentile among comparable filings

Growth

  • Program expense growth: 10.8% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: 7.8% per year; rating input score 100; 66th percentile among comparable filings
  • Asset growth: 9.6% per year; rating input score 100; 68th percentile among comparable filings

Details

  • Where the money goes: 79.1% of revenue deployed · 83.8% of spending went to programs
  • Governance: 10 of 13 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $565.2M in reported program spending
  • Leadership: top reported pay $2.9M · 25 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $21.6M reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 10 filed money-flow records
  • Related organizations: 17 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.

  • Moderate — Sustainability: Liabilities to assets ratio scored 42/100.