Civic Intelligence

Jennie Stuart Medical Center

EIN 61-0482973 • 501(c)3 • Hopkinsville, KY

Profile

Jsmc is committed to excellence in service, and we exist to promote, preserve and accommodate the growing healthcare needs of our community.

320 W 18th StreetHopkinsville, KY 42240

www.jsmc.org

Siviq Scores

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

Liabilities / Assets

66th percentile

0.47x

Higher debt load relative to assets than 66% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

60th percentile

0.61x

Higher debt load relative to revenue than 60% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Net Margin

56th percentile

5.9%

Higher net margin than 56% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

58th percentile

$1,006,952

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Asset Growth

73rd percentile

11%

Faster asset growth than 73% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

72nd percentile

18%

Faster revenue growth than 72% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Assets

Up

$305,435,030

Up $31,069,461 (+11%) from 2023

Liabilities

Up

$144,053,930

Up $14,541,420 (+11%) from 2023

Net Assets

Up

$161,381,100

Up $16,528,041 (+11%) from 2023

Revenue

Up

$234,294,141

Up $35,213,565 (+18%) from 2023

Expenses

Up

$220,461,431

Up $23,546,841 (+12%) from 2023

Net Income

Up

$13,832,710

Up $11,666,724 (+539%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400M$300M$200M$100M$0Assets 2010: $155,997,278Liabilities 2010: $85,747,308Net Assets 2010: $70,249,9702010Assets 2011: $153,225,911Liabilities 2011: $83,409,116Net Assets 2011: $69,816,7952011Assets 2012: $163,876,641Liabilities 2012: $86,103,773Net Assets 2012: $77,772,8682012Assets 2013: $163,893,376Liabilities 2013: $82,713,338Net Assets 2013: $81,180,0382013Assets 2014: $159,940,822Liabilities 2014: $81,585,122Net Assets 2014: $78,355,7002014Assets 2015: $156,460,121Liabilities 2015: $84,156,051Net Assets 2015: $72,304,0702015Assets 2016: $160,409,174Liabilities 2016: $92,561,616Net Assets 2016: $67,847,5582016Assets 2017: $167,488,577Liabilities 2017: $94,094,349Net Assets 2017: $73,394,2282017Assets 2018: $167,725,732Liabilities 2018: $94,783,957Net Assets 2018: $72,941,7752018Assets 2019: $188,196,666Liabilities 2019: $95,464,263Net Assets 2019: $92,732,4032019Assets 2020: $247,841,315Liabilities 2020: $131,842,718Net Assets 2020: $115,998,5972020Assets 2021: $272,583,736Liabilities 2021: $123,065,363Net Assets 2021: $149,518,3732021Assets 2022: $257,029,546Liabilities 2022: $121,359,863Net Assets 2022: $135,669,6832022Assets 2023: $274,365,569Liabilities 2023: $129,512,510Net Assets 2023: $144,853,0592023Assets 2024: $305,435,030Liabilities 2024: $144,053,930Net Assets 2024: $161,381,1002024

Highlighted filing

2024

Assets$305,435,030
Liabilities$144,053,930
Net Assets$161,381,100

Operations Trend

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

$300M$200M$100M$0-$100MExpenses 2010: $106,139,9392010Expenses 2011: $107,722,3192011Expenses 2012: $115,430,2262012Revenue 2013: $122,774,663Expenses 2013: $121,907,861Net Income 2013: $866,8022013Revenue 2014: $117,897,720Expenses 2014: $123,983,879Net Income 2014: -$6,086,1592014Revenue 2015: $123,268,637Expenses 2015: $128,172,086Net Income 2015: -$4,903,4492015Revenue 2016: $129,084,367Expenses 2016: $131,295,498Net Income 2016: -$2,211,1312016Revenue 2017: $133,018,205Expenses 2017: $132,608,486Net Income 2017: $409,7192017Revenue 2018: $134,428,319Expenses 2018: $129,717,699Net Income 2018: $4,710,6202018Revenue 2019: $146,137,923Expenses 2019: $135,588,218Net Income 2019: $10,549,7052019Revenue 2020: $153,968,176Expenses 2020: $139,116,612Net Income 2020: $14,851,5642020Revenue 2021: $179,170,943Expenses 2021: $156,171,777Net Income 2021: $22,999,1662021Revenue 2022: $175,299,607Expenses 2022: $175,068,279Net Income 2022: $231,3282022Revenue 2023: $199,080,576Expenses 2023: $196,914,590Net Income 2023: $2,165,9862023Revenue 2024: $234,294,141Expenses 2024: $220,461,431Net Income 2024: $13,832,7102024

Highlighted filing

2024

Revenue$234,294,141
Expenses$220,461,431
Net Income$13,832,710

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$305$144$161$234$220$13.8
2023Summary only. Only limited summary data is available for this year.$274$130$145$199$197$2.17
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$257$121$136$175$175$0.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$273$123$150$179$156$23.0
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$248$132$116$154$139$14.9
2019Summary only. Only limited summary data is available for this year.$188$95.5$92.7$146$136$10.5
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$168$94.8$72.9$134$130$4.71
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$167$94.1$73.4$133$133$0.41
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$160$92.6$67.8$129$131$2.21
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$156$84.2$72.3$123$128$4.90
2014Detailed filing. Detailed filing data is available for this year.$160$81.6$78.4$118$124$6.09
2013Detailed filing. Detailed filing data is available for this year.$164$82.7$81.2$123$122$0.87
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$164$86.1$77.8$115
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$153$83.4$69.8$108
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$156$85.7$70.2$106
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 16, 2025
Return Version
2024v5.1
Gross Receipts
$242,582,991
Mission and Program Overview

Mission

Jsmc is committed to excellence in service, and we exist to promote, preserve and accommodate the growing healthcare needs of our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$110,243,339$120,824,182▲ $10,580,843
Land, Buildings, and Equipment, Net$89,702,037$99,322,813▲ $9,620,776
Cash and Non-Interest-Bearing Accounts$18,621,489$24,549,443▲ $5,927,954
Accounts Receivable$22,777,846$24,508,504▲ $1,730,658
Prepaid Expenses and Deferred Charges$2,825,032$3,288,174▲ $463,142
Inventories for Sale or Use$2,506,397$2,825,022▲ $318,625
Investments Program Related$1,125,441$864,650▼ $260,791
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Loans From Officers Directors$0$0→ $0
Total Assets$274,365,569$305,435,030▲ $31,069,461
Other Assets Total$26,563,988$29,252,242▲ $2,688,254
Liabilities
Tax Exempt Bond Liabilities$78,245,482$87,548,092▲ $9,302,610
Other Liabilities$28,726,317$31,641,595▲ $2,915,278
Accounts Payable and Accrued Expenses$18,656,302$21,381,150▲ $2,724,848
Mortgage Notes Payable Secured by Investment Property$3,884,409$3,483,093▼ $401,316
Total Liabilities$129,512,510$144,053,930▲ $14,541,420
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$140,581,150$157,050,054▲ $16,468,904
Net Assets With Donor Restrictions$4,271,909$4,331,046▲ $59,137
Total Net Assets Fund Balance$144,853,059$161,381,100▲ $16,528,041
Total Liabilities and Net Assets / Fund Balance$274,365,569$305,435,030▲ $31,069,461

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$68,758,602$72,811,510$141,570,112
Equipment$19,655,788$59,160,553$78,816,341
Land$9,946,909-$9,946,909
Other Land Buildings$861,793-$861,793
Leasehold Improvements$99,721$139,644$239,365
Other Assets Org$710,392--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,524,944-▲ $163,631$36,566$1,652,009
2023$1,392,198-▲ $162,761$30,015$1,524,944
2022$1,592,509$0▼ $190,897$0$1,392,198
2021$1,422,853$0▲ $205,136$0$1,592,509
2020$1,304,660$0▲ $155,745$0$1,422,853
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tanner ParrentPhysicianFT$468,977$537,975$1,006,952
David BeallePhysicianFT$640,057$314,705$954,762
Frederick Robbe IiiPhysicianFT$645,103$279,402$924,505
Gerame WellsPhysicianFT$412,152$426,489$838,641
Ramesh PatelPhysicianFT$679,299$68,400$747,699
Matthew Robinson MdPresident, Medical Staff-$378,939$282,623$661,562
Tarek ToubiaPresident Elect, Medical Staff-$346,027$121,841$467,868
Keith TomsVP Clinical Providers/CMOFT$222,350$17,740$240,090
Beth MccrawChief Nursing OfficerFT$208,104$13,320$221,424
Lauren HaydenVP Ofprovider Based ClinicsFT$204,387$52$204,439
Gwendolyn HarrisChief Compliance and Risk OfficerFT$180,564$10,302$190,866
Mary ScrogginsAvp of Nursing ServicesFT$148,420$14,969$163,389
Jasmine EmersonAvp of Human ResourcesFT$146,155$14,938$161,093

Board Members and Trustees

NameTitle
Leslie CarrollBoard Chair
Casey Covington MdPresident
Hollis WhiteBoard Vice Chair
Janet DixonBoard Vice Chair
Alissa YoungBoard Member
Betsy SheltonBoard Member
Deeanna SovaBoard Member
Marty BozarthBoard Member
Steve TribbleBoard Member
Joseph SiskBoard Member (resigned 9/19/24)
Eric LeeCEO
Mark LarameeCFO
Carter HendricksMember at Large
Charles TurnerSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Therapy Staffing Specialists INCStaffing755 EVERETT LANE, SUITE 450, Hopkinsville, KY 42240$3,144,178
Fep Of Kentucky LLCStaffing320 W 18TH ST, Hopkinsville, KY 42240$1,571,587
Kaufman Hall & Associates LLCConsultingPO BOX 845330, Dallas, TX 75284-5330$1,488,868
Currance INCRevenue Mgmt15615 ALTON PARKWAY, Irvine, CA 92618$998,394
Ent Surgery Solutions LLCMedical8310 PELICAN POINTE DR, Evansville, IN 47725$727,994
Revenue and Support

Revenue Composition

Contributions and Grants
$682,643
Program Service Revenue
$222,130,769
Investment Income
$10,498,612
Other Revenue
$982,117
All Other Contributions
$682,643
Change in Net Assets
$13,832,710

Audited Revenue Reconciliation

Revenue per Audited Statements
$0
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Form 990
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$118,646,523
Salaries, Compensation, and Employee Benefits$101,604,464
Grants and Similar Amounts Paid$210,444
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$72,432,568$11,654,038-$84,086,606
Fees for Services Other$16,539,590$8,601,445$0$25,141,035
Depreciation Depletion$8,807,318$1,521,866-$10,329,184
Other Employee Benefits$8,414,408$1,599,064-$10,013,472
Payroll Taxes$4,565,631$867,647-$5,433,278
Information Technology$1,907,450$3,345,782-$5,253,232
Interest$4,266,129--$4,266,129
Office Expenses$1,759,503$1,836,188-$3,595,691
Occupancy$2,937,320$8,910-$2,946,230
All Other Expenses$260,253$1,833,700$0$2,093,953
Insurance$137,126$1,795,681-$1,932,807
Fees for Services Management-$1,518,161-$1,518,161
Current Officers, Directors, Trustees, and Key Employees-$1,110,075-$1,110,075
Fees for Services Legal$35,200$933,991-$969,191
Pension Plan Contributions$807,564$153,469-$961,033
Other Expenses$53,236$714,456-$767,692
Advertising-$446,552-$446,552
Grants to Domestic Orgs$210,444--$210,444
Travel$177,253$31,660-$208,913
Fees for Services Accounting-$205,470-$205,470
Conferences and Meetings$52,245--$52,245
Total Functional Expenses$172,970,653$47,490,778$0$220,461,431

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Expenses per Audited Statements$0
Other Expense Adjustments$0
Total Expenses per Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Jennie Stuart Health FoundationHopkinsville, KY501(c)(3)Admin Support$210,444
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Medical Malpractice Liability$17,598,262
Third Party Settlements$10,107,885
Federal Income Taxes$3,935,448
Lease Liabilities-
Medicare Advance Payments-

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACounty of Christian Kentucky2016-12-21$62,052,293Refund outstanding bonds/capital
BCounty of Christian Kentucky2022-11-29$32,000,000Remodel of er and cancer center

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$62,052,293$0$1,615,000$1,146,961
B$32,000,000$0$0$0

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
Yes
Exception to rebate
No
Corrective action procedures
Yes
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
Yes
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 19 MAKING DOCUMENTS AVAILABLE TO THE PUBLIC

The hospital does not make its governing documents, conflict of interest policy and financial statements available to the public.

Form 990, Part VI, Line 3 Delegation of management duties

The medical center contracts with quorum health resources, llc dba ovation healthcare to provide management services under an agreement which expires august 31, 2026.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The organization engages an outside accounting firm to prepare its form 990. Once the form 990 is prepared by the accounting firm and reviewed by management, the final form is provided to the finance committee for review prior to filing. Questions and comments raised by the finance committee are addressed prior to filing. The final form 990 is provided to the entire board prior to filing.

Form 990, Part VI, Line 12C Conflict of interest policy

Each officer from department manager to the president, member of medical staff, qualified professional or licensed independent practitioner, each member of the board, and each member of a committee with board delegated powers must sign annually a statement and make disclosures which are presented to the board for review, before the first board meeting of each new year. Documentation of the annual board review will be recorded in the minutes. Periodic review shall be conducted to ensure the medical center operates in a manner consistent with its charitable purposes and that it does not engage in activities that could jeopardize its status as an organization exempt from federal income tax.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

An annual compensation review was conducted in 2024 for the organization's top management officials and other officers and key employees.

Form 990, Part VI, Line 15B Process to establish compensation of other employees

An annual compensation review was conducted in 2024 for the organization's top management officials and other officers and key employees.

Form 990, Part VI, Line 19 Required documents available to the public

The hospital does not make its governing documents, conflict of interest policy and financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
Jennie Stuart Medical Center Inc
EIN
61-0482973
Phone
2708870100
Address
320 W 18TH STREET, HOPKINSVILLE, KY 42240

Signing Officer

Name
Mark Laramee
Title
CFO
Phone
2708870251
Signed
2025-11-16
Discuss with paid preparer
Yes

Organization Details

Formed
1914
Legal Domicile
Ky
Voting Board Members
12
Independent Board Members
10
Employees
1,418
Volunteers
10

Preparer

Firm
Forvis Mazars LLP
Address
1222 Demonbreun St Suite 950, Nashville, TN 37203-3357
Preparer
Jeff Smith
Phone
6154549800
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G Other Fees

PHYSICIANS/PROFESSIONAL FEES - Total Expense: 25141035, Program Service Expense: 16539590, Management and General Expenses: 8601445, Fundraising Expenses: ;

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

DISTRIBUTIONS TO NONCONTROLLING INTEREST - -208120; Total - -208120;

Financial Statement Notes

Schedule D, Part X, Line 2 UNCERTAIN TAX POSITIONS

The organization's audited financial statements did not include a footnote that addressed the organization's liability for uncertain tax positions under fin48 (asc 740). Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

Schedule D, Part V, Line 4 Intended uses of endowment funds

Investments to be held in perpetuity, the income of which is restricted for operations of the medical center.

Raw XML AppendixShowing 400 of 1,488 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
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IRS990/ActivityOrMissionDesc0JSMC IS COMMITTED TO EXCELLENCE IN SERVICE, AND WE EXIST TO PROMOTE, PRESERVE AND ACCOMMODATE THE GROWING HEALTHCARE NEEDS OF OUR COMMUNITY.
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IRS990/BooksInCareOfDetail/PhoneNum02708870251
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0320 W 18TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0HOPKINSVILLE
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IRS990/ContractorCompensationGrp/CompensationAmt03144178
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IRS990/Desc0PROVIDE HOSPITAL INPATIENT, OUTPATIENT, AND EMERGENCY ROOM SERVICES TO AREA RESIDENTS. IN RECOGNITION OF ITS MISSION, JSMC WILL STRIVE TO PASSIONATELY PURSUE A CULTURE OF EXCEPTIONAL SERVICE AND A COMMITMENT TO CONTINUOUS QUALITY IMPROVEMENT. THE AMOUNT OF CHARITY CARE AT COST WAS APPROXIMATELY $622,000 FOR THE YEAR ENDED DECEMBER 31, 2024.
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