MONROE MEDICAL FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

MONROE MEDICAL FOUNDATION INC

EIN 31-0949874 · Health Care (E22Z)

What they do

ACUTE CARE HOSPITAL - The Mission of The Monroe Medical Foundation, Inc. is to Be A Rural Healthcare Organization Who Values Compassion, Respect and Confidentiality, and Provides Quality, Safe, Primary and Specialty Services for The Citizens of Monroe County and Surrounding Area Through Detection, Prevention and Treatment of Illness. We Achieve This By Operating A 49 Bed Acute Care Hospital, Ambulance Service, County 911 Service, 3 Employed Physicians and An Adult Daycare Service.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $90.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders17 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

94.55%of revenue went to mission work90.4% of expenses · Program services

$104.55spent for every $100 of revenueSpending was higher than revenue this year.

10.01%of revenue went to management and office costs9.6% of expenses

$1.27in assets for every $1 spent this yearSome assets cannot be spent right away.

4.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,039,396 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $675,037 for ANTHONY CARTER MD (BOARD MEMBER/ PHYSICIAN). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$22,823,614

Mission workProgram services$21,579,47094.55% of revenue90.4% of expenses

ManagementOffice and general costs$2,283,54010.01% of revenue9.6% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$23,863,010104.55% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 90.4% mission · 9.6% management · 0.0% fundraisingTotal expenses: 104.55% of revenue

2023Expense mix: 90.4% mission · 9.6% management · 0.0% fundraisingTotal expenses: 108.71% of revenue

2022Expense mix: 90.3% mission · 9.7% management · 0.0% fundraisingTotal expenses: 104.51% of revenue

2021Expense mix: 92.2% mission · 7.8% management · 0.0% fundraisingTotal expenses: 91.12% of revenue

2020Expense mix: 91.9% mission · 8.1% management · 0.0% fundraisingTotal expenses: 90.48% of revenue

2019Expense mix: 91.9% mission · 8.1% management · 0.0% fundraisingTotal expenses: 102.10% of revenue

2018Expense mix: 91.1% mission · 8.9% management · 0.0% fundraisingTotal expenses: 97.52% of revenue

2017Expense mix: 90.0% mission · 10.0% management · 0.0% fundraisingTotal expenses: 100.40% of revenue

Money in and money out

Revenue$22,823,614

Expenses$23,863,010

Annual shortfall $1,039,396 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$21,579,470 · 90.4% of expenses

Management and office costs$2,283,540 · 9.6% of expenses

See all reported dollar amounts

Revenue$22,823,614

Expenses$23,863,010

Assets$30,210,940

Income$22,823,614

Contributions$945,480

Mission work (program services)$21,579,470

Management and general$2,283,540

Accounting fees$37,392

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ANTHONY CARTER MDBOARD MEMBER/ PHYSICIAN · 40 hrs/week $675,037

WILLIAM MICHAEL CARTER MDPHYSICIAN · 40 hrs/week $390,144

CAYLAN D MCPHERSONPHYSICIAN · 40 hrs/week $287,075

ANDREA L RICH MCLERRANEXEC DIRECTOR/CEO · 40 hrs/week $190,035

RONNIE RAINESNURSE PRACTITIONER · 40 hrs/week $163,271

ANDREA MCALPINDIRECTOR OF PHARMACY · 40 hrs/week $158,307

TRACEY PAGEPHYSICAL THERAPIST · 40 hrs/week $136,203

PENNI HIGHCARDIOPULMONARY DIRECTOR · 40 hrs/week $119,476

L CAITLIN HAGANCHIEF FINANCIAL OFFICER · 40 hrs/week $86,381

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (17)

ANTHONY CARTER MDBOARD MEMBER/ PHYSICIAN

WILLIAM MICHAEL CARTER MDPHYSICIAN

CAYLAN D MCPHERSONPHYSICIAN

ANDREA L RICH MCLERRANEXEC DIRECTOR/CEO

RONNIE RAINESNURSE PRACTITIONER

ANDREA MCALPINDIRECTOR OF PHARMACY

TRACEY PAGEPHYSICAL THERAPIST

PENNI HIGHCARDIOPULMONARY DIRECTOR

L CAITLIN HAGANCHIEF FINANCIAL OFFICER

DONNIE PEDENBOARD MEMBER

FOWLER ROSS JR ODBOARD MEMBER

GREG CRABTREE DMDBOARD MEMBER

JACK ANDERSON DOBOARD MEMBER/PHYSICIAN

JIMMY GOODMANBOARD MEMBER

JUDY ROWLANDBOARD MEMBER

KEM COE 2ND VICE PRESIDENT SECBOARD MEMBER

POLLY BAKERBOARD PRESIDENT

About this charity

Recognized since: January 1979
Location: 529 CAPP HARLAN RD, TOMPKINSVILLE, KY 42167-1808
County: Monroe
In care of: % DBA MONROE COUNTY MEDICAL CENTER
Primary officer: Caitlin Hagan, Chief Financial Officer

How to reach them

WebsiteVisit the charity’s website Emailwebmaster@mcmccares.com Phone(270) 487-9231

Filing and classification

Latest tax year: 2024
Tax period began: March 1, 2024
Return type: 990
NTEE classification: Health Care (E22Z)