Civic Intelligence

Carroll County Memorial Hospital

EIN 44-0629397 • 501(c)3 • Carrollton, MO

Profile

Carroll county memorial hospital is committed to meeting the changing needs of our community by providing comprehensive, innovative and professional quality healthcare services.

1502 N Jefferson StreetCarrollton, MO 64633

carrollcountyhospital.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

50th percentile

0.22x

Higher debt load relative to assets than 50% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

41st percentile

0.19x

Higher debt load relative to revenue than 41% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

40th percentile

1.3%

Higher net margin than 40% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

87th percentile

$625,645

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

36th percentile

1.7%

Faster asset growth than 36% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

63rd percentile

14%

Faster revenue growth than 63% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$40,220,804

Up $663,337 (+1.7%) from 2023

Liabilities

Down

$8,729,759

Down $381,307 (-4.2%) from 2023

Net Assets

Up

$31,491,045

Up $1,044,644 (+3.4%) from 2023

Revenue

Up

$45,100,344

Up $5,534,563 (+14%) from 2023

Expenses

Up

$44,534,980

Up $3,783,210 (+9.3%) from 2023

Net Income

Up

$565,364

Up $1,751,353 (+148%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2010: $22,779,169Liabilities 2010: $1,049,342Net Assets 2010: $21,729,8272010Assets 2011: $23,189,013Liabilities 2011: $1,624,253Net Assets 2011: $21,564,7602011Assets 2012: $24,796,834Liabilities 2012: $2,874,488Net Assets 2012: $21,922,3462012Assets 2013: $25,902,518Liabilities 2013: $4,206,204Net Assets 2013: $21,696,3142013Assets 2014: $25,849,563Liabilities 2014: $4,435,889Net Assets 2014: $21,413,6742014Assets 2015: $27,014,071Liabilities 2015: $5,169,454Net Assets 2015: $21,844,6172015Assets 2016: $38,387,275Liabilities 2016: $15,925,414Net Assets 2016: $22,461,8612016Assets 2017: $40,608,294Liabilities 2017: $17,503,993Net Assets 2017: $23,104,3012017Assets 2018: $41,454,466Liabilities 2018: $18,187,910Net Assets 2018: $23,266,5562018Assets 2019: $38,922,388Liabilities 2019: $16,610,872Net Assets 2019: $22,311,5162019Assets 2020: $47,527,402Liabilities 2020: $21,747,114Net Assets 2020: $25,780,2882020Assets 2021: $46,592,122Liabilities 2021: $16,912,423Net Assets 2021: $29,679,6992021Assets 2022: $41,868,787Liabilities 2022: $10,409,202Net Assets 2022: $31,459,5852022Assets 2023: $39,557,467Liabilities 2023: $9,111,066Net Assets 2023: $30,446,4012023Assets 2024: $40,220,804Liabilities 2024: $8,729,759Net Assets 2024: $31,491,0452024

Highlighted filing

2024

Assets$40,220,804
Liabilities$8,729,759
Net Assets$31,491,045

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $12,257,4722010Expenses 2011: $13,081,8762011Expenses 2012: $12,487,0752012Expenses 2013: $14,984,1172013Revenue 2014: $16,928,841Expenses 2014: $17,308,928Net Income 2014: -$380,0872014Revenue 2015: $18,604,093Expenses 2015: $18,170,759Net Income 2015: $433,3342015Revenue 2016: $20,291,067Expenses 2016: $19,897,230Net Income 2016: $393,8372016Revenue 2017: $27,027,829Expenses 2017: $26,384,818Net Income 2017: $643,0112017Revenue 2018: $33,298,184Expenses 2018: $33,106,058Net Income 2018: $192,1262018Revenue 2019: $31,222,684Expenses 2019: $32,281,004Net Income 2019: -$1,058,3202019Revenue 2020: $36,923,105Expenses 2020: $33,623,232Net Income 2020: $3,299,8732020Revenue 2021: $43,303,197Expenses 2021: $39,805,472Net Income 2021: $3,497,7252021Revenue 2022: $42,326,157Expenses 2022: $40,292,224Net Income 2022: $2,033,9332022Revenue 2023: $39,565,781Expenses 2023: $40,751,770Net Income 2023: -$1,185,9892023Revenue 2024: $45,100,344Expenses 2024: $44,534,980Net Income 2024: $565,3642024

Highlighted filing

2024

Revenue$45,100,344
Expenses$44,534,980
Net Income$565,364

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.2$8.73$31.5$45.1$44.5$0.57
2023Summary only. Only limited summary data is available for this year.$39.6$9.11$30.4$39.6$40.8$1.19
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.9$10.4$31.5$42.3$40.3$2.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$46.6$16.9$29.7$43.3$39.8$3.50
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$47.5$21.7$25.8$36.9$33.6$3.30
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.9$16.6$22.3$31.2$32.3$1.06
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.5$18.2$23.3$33.3$33.1$0.19
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.6$17.5$23.1$27.0$26.4$0.64
2016Summary only. Only limited summary data is available for this year.$38.4$15.9$22.5$20.3$19.9$0.39
2015Detailed filing. Detailed filing data is available for this year.$27.0$5.17$21.8$18.6$18.2$0.43
2014Detailed filing. Detailed filing data is available for this year.$25.8$4.44$21.4$16.9$17.3$0.38
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.9$4.21$21.7$15.0
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.8$2.87$21.9$12.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.2$1.62$21.6$13.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.8$1.05$21.7$12.3
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 6, 2025
Return Version
2023v6.0
Gross Receipts
$45,148,606
Mission and Program Overview

Mission

Carroll county memorial hospital is dedicated to the health and well-being of all we serve.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$15,121,937$13,569,119▼ $1,552,818
Savings and Temporary Cash Investments$12,558,998$12,332,443▼ $226,555
Accounts Receivable$4,212,410$5,514,797▲ $1,302,387
Investments in Publicly Traded Securities$1,901,536$3,434,101▲ $1,532,565
Investments Other Securities$1,217,101$1,110,874▼ $106,227
Inventories for Sale or Use$902,610$940,982▲ $38,372
Prepaid Expenses and Deferred Charges$479,880$513,459▲ $33,579
Cash and Non-Interest-Bearing Accounts$135,368$1,172▼ $134,196
Total Assets$39,557,467$40,220,804▲ $663,337
Other Assets Total$3,027,627$2,803,857▼ $223,770
Liabilities
Accounts Payable and Accrued Expenses$3,421,142$4,434,799▲ $1,013,657
Mortgage Notes Payable Secured by Investment Property$5,542,641$4,217,299▼ $1,325,342
Other Liabilities$147,283$77,661▼ $69,622
Total Liabilities$9,111,066$8,729,759▼ $381,307
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$29,817,653$30,774,817▲ $957,164
Net Assets With Donor Restrictions$628,748$716,228▲ $87,480
Total Net Assets Fund Balance$30,446,401$31,491,045▲ $1,044,644
Total Liabilities and Net Assets / Fund Balance$39,557,467$40,220,804▲ $663,337

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,902,913$20,511,579$30,414,492
Equipment$2,800,504$7,176,740$9,977,244
Other Land Buildings$597,587$1,597,190$2,194,777
Land$268,115-$268,115
Other Assets Org$247,972--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gregory Hubbard MdPhysicianFT$568,014$57,769$625,783
Richard Smith MdPhysicianFT$368,736$212,388$581,124
Andrew Horine MdPhysicianFT$393,259$125,013$518,272
Jeremy Stayton MdPhysicianFT$434,220$55,817$490,037
Timothy Reid MdMember/physicianFT$241,320$121,133$362,453
Pamela Ralls MdPhysicianFT$205,346$124,025$329,371
Scott ThoresonCEOFT$231,016$40,879$271,895
Lesley DelaneyCFOFT$131,522$34,810$166,332

Board Members and Trustees

NameTitle
Wade MertensmeyerPresident
Anna BarlowVice President
Janice BurnsideMember
Jennifer LinkMember
Jennifer PostonMember
Ken BrownMember
Kevin BrownMember
Matt LockMember
Kim RitchhartMember Thru 9/2023
Tom BurkhartSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Hospital Care Consultants INCHospitalist Services17304 PRESTON ROAD SUITE 1400, Dallas, TX 75252$754,675
Oracle CernerEmrPO BOX 203448, Dallas, TX 75320$685,074
Emergency Staffing Solutions INCHospitalist Services17304 PRESTON ROAD SUITE 1400, Dallas, TX 75252$674,122
Creative PlanningIt Managed ServicesPO BOX 950443, St Louis, MO 63195$660,934
Have A Nice Day AnesthesiaAnesthesia Services2106 WOODCREST DR, Chillicothe, MO 64601$460,206
Revenue and Support

Revenue Composition

Contributions and Grants
$41,873
Program Service Revenue
$44,618,672
Investment Income
$174,823
Other Revenue
$264,976
Change in Net Assets
$565,364

Audited Revenue Reconciliation

Revenue per Audited Statements
$45,100,344
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$498,880
Total Revenue per Audited Statements
$45,599,224
Total Revenue per Form 990
$45,100,344
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$22,503,544
Other Expenses$22,031,436
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$14,451,516$2,117,101-$16,568,617
Fees for Services Other$10,880,033$653,841-$11,533,874
Other Employee Benefits$3,546,094$728,292-$4,274,386
Depreciation Depletion$1,912,409$488,840-$2,401,249
Office Expenses$804,659$305,674-$1,110,333
Occupancy$734,921$181,474-$916,395
Pension Plan Contributions$719,810$132,633-$852,443
Current Officers, Directors, Trustees, and Key Employees$351,337$456,761-$808,098
Information Technology$595,437$60,178-$655,615
Other Expenses$257,459$4,847-$262,306
Travel$142,357$59,780-$202,137
Insurance$142,869$58,673-$201,542
Interest$126,857$54,630-$181,487
Fees for Services Accounting-$124,438-$124,438
Advertising$34,383$24,948-$59,331
Fees for Services Legal-$36,999-$36,999
Total Functional Expenses$38,707,109$5,827,871$0$44,534,980

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$44,554,580
Expenses per Audited Statements$44,534,980
Total Expenses per Form 990$44,534,980
Expenses Not Reported on Form 990$19,600
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Finance Lease Liability$61,461
Rental Deposits$16,200
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

The executive committee, comprised of the elected officers and two other members of the board appointed by the president, has the authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

A separate accounting firm prepares and reviews the 990. The 990 is then reviewed by the organization's officers and accounting personnel. Any questions and concerns the organization's officers and accounting personnel have are addressed and any corrections or clarifications that need to be made are made. The final form 990 with all required schedules is then provided to all voting members of the board prior to filing the form 990 with the irs.

Form 990, Part VI, Section B, Line 12C

The board sets the conflict of interest policy and administration is charged with assuring that compliance is maintained. The conflict of interest policy is reviewed annually and each board member signs a conflict of interest disclosure form. If a conflict arises the conflicted person does not take part in the vote on the issue.

Form 990, Part VI, Section B, Line 15A

The board conducts an annual salary review for the ceo. The board approves the amount of compensation. The last review was conducted in 2022. All other management positions are hired, reviewed, and monitored by the ceo and leadership team. Compensation reviews occur annually.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
Carroll County Memorial Hospital
EIN
44-0629397
Phone
6605421695
Address
1502 N JEFFERSON STREET, CARROLLTON, MO 64633

Signing Officer

Name
Scott Thoreson
Title
CEO
Phone
6605421695
Signed
2025-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Thoreson
Formed
1957
Legal Domicile
Mo
Voting Board Members
10
Independent Board Members
9
Employees
305
Volunteers
12

Preparer

Firm
Eide Bailly Llp
Address
18081 BURT ST STE 200, OMAHA, NE 68022-4722
Preparer
Megan L Koziol CPA
Phone
4023302660
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Pharmacy expense: program service expenses 3,547,441. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,547,441. Other contract services: program service expenses 7,332,592. Management and general expenses 653,841. Fundraising expenses 0. Total expenses 7,986,433.

FORM 990, PART XI, LINE 9:

Change in beneficial interest - fnd 87,480.

Part XII, Line 2C

The board of directors assumes the responsibility for oversight of the audit of its financial statements and the selection of an independent accountant. This process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The hospital accounts for uncertainties in accounting for income tax assets and liabilities using guidance included in financial accounting standards board (fasb) asc 740, income taxes. The hospital recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. As of june 30, 2024 and 2023, the hospital had no uncertain tax positions accrued.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Change in beneficial interest of foundation 87,480. Rental expenses 19,600.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

RENTAL EXPENSES 19,600.

Raw XML AppendixShowing 400 of 968 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03421142
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04434799
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IRS990/AccountsReceivableGrp/EOYAmt05514797
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0CARROLL COUNTY MEMORIAL HOSPITAL IS DEDICATED TO THE HEALTH AND WELL-BEING OF ALL WE SERVE.
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