Margaret Mary Community Hospital Inc
Nonprofit profile at a glance
- EIN
- 356067049
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2023
- Location
- Batesville, IN, USA
- Phone
- 8129346624
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Hospital, General
Reported finances
- Revenue
- $139,856,673
- Expenses
- $130,096,082
- Assets
- $276,460,458
- Liabilities
- $113,317,545
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
28 people listed
Executive titles in this filing
- LIZ LEISING (PRESIDENT/CEO)
Highest reported compensation
- JOSEPH D STEPHENS MD (PHYSICIAN): $1,045,744 total reported compensation
- PAUL JARVIS MD (PHYSICIAN): $752,127 total reported compensation
- MICHAEL MAGGIO (PHYSICIAN): $736,248 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Improve the health of the communities it serves.
What it reported doing in 2024
Financial and in-kind contributions 1,811 individuals received benefits from our ems and paramedic training and subsidy programs. Mmh subsidizes a portion of the ripley county paramedic/ems director's salary. Mmh also coordinates and subsidizes training for the 4 ripley county squads located in versailles, sunman, milan, and batesville. In addition, various mmh team members serve on numerous community boards including chamber of commerce, rotary, march of dimes, relay for life, and the batesville coordinated school health board.other programs and services 350 individuals participated in additional programs and services provided by mmh, including career and workforce development for physician, nursing, and other medical students through our mentoring programs and career fairs. Mmh is involved in clinical research at the hansen center, a cancer treatment center owned and operated by mmh in batesville. Mmh continually assess community needs and health issues to address needs in the community.
Operating model
- Revenue model
- Earned-program. 95% 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. Reported officer compensation is a large share of total spending, which may reflect staffing concentration and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 88
- Accountability: 88
- Sustainability: 56
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.9%; rating input score 78
- Program expense ratio: 81%; rating input score 81
- Fundraising efficiency: $43.6 raised per $1 spent on fundraising; rating input score 72; 72nd percentile among comparable filings
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: 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: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 78.6%; rating input score 79; 27th 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: 7%; rating input score 64; 64th percentile among comparable filings
- Total-asset coverage ratio: 2.13; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: 0.41; rating input score 44; 44th percentile among comparable filings
- Officer compensation ratio: 5.6%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: 4.7% per year; rating input score 100; 38th percentile among comparable filings
- Revenue growth: 5.4% per year; rating input score 100; 47th percentile among comparable filings
- Asset growth: 4.9% per year; rating input score 100; 36th percentile among comparable filings
Details
- Where the money goes: 77.9% of revenue deployed · 81% of spending went to programs
- Governance: 11 of 14 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $105.4M in reported program spending
- Leadership: top reported pay $1M · 28 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $17.9M reported
- Consistency: 33 of 33 current checks pass
- Schedules: 10 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 16 filed money-flow records
- Related organizations: 2 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.
- High — Sustainability: Officer compensation ratio scored 13/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 44/100.