Jellico Community Hospital Inc

Nonprofit profile at a glance

EIN
620924706
IRS 990 coverage
2010–2021
Forms available
Form 990 2021
Location
Plano, TX, USA
Phone
9729436400
Rating confidence
Limited
Sector
Hospital, General

Reported finances

Revenue
$0
Expenses
$0
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • JOE THOMASON (DIR./PRESIDENT)

People named in this filing

  • JOE THOMASON (DIR./PRESIDENT)
  • JAMES HILL (Director/TREASURER)
  • Tod Beasley (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Jellico community hospital, inc. Was operated by community hospital corporation to bring health to the communities we serve as we integrated a faith-grounded approach into our relationships and community to ensure every person feels valued, cared for, and respected. On march 1, 2019, substantially all of the assets of jellico community hospital, including the hospital license, were sold. All of the hospital operations, including the operations of jellico healthcare associates, llc and careplus rural health clinic llc, were included in the sale. The organization's sole member approved articles of dissolution for jellico community hospital on april 20, 2021 and they were subsequently filed with the division of business services of the Tennessee department of state on april 27, 2021. On october 29, 2021 the organization's remaining cash in bank was distributed. Hence, the organization is filing this final return for the short period ended october 29, 2021. Dissolution of entity - final re

What it reported doing in 2021

JELLICO COMMUNITY HOSPITAL, INC. (THE HOSPITAL) OPERATED A 54 BED ACUTE CARE HOSPITAL IN JELLICO, TN. In March 2019, substantially all of the assets of Jellico Community Hospital were sold, including the hospital license. All hospital operations were included in the sale. The organization filed articles of dissolution on April 20, 2021. On October 29, 2021 the organization's remaining cash in bank was distributed. Hence, the organization is filing this final return for the short period ended October 29, 2021.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 81
  • Accountability: 30
  • Sustainability: NotEnoughData
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 13th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 9th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -27.2% per year; rating input score 0; 17th percentile among comparable filings
  • Revenue growth: -16.7% per year; rating input score 0; 25th percentile among comparable filings
  • Asset growth: -23.5% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 0 of 3 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 10 of 11 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules
  • Filing history: 12 filing years from 2010 to 2021
  • Contacts: How to reach this organization
  • Related organizations: 26 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.

  • High — Accountability: Independent voting board scored 0/100.
  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.