MOREHEAD MEMORIAL HOSPITAL Charity Report

Tax-exempt status may be revoked

MOREHEAD MEMORIAL HOSPITAL

EIN 56-0591294 · Textile MillsT

What they do

AS A COMMUNITY HOSPITAL, to PROVIDE QUALITY CARE WITH A COMMITMENT to PATIENT SAFETY and CLINICAL EXCELLENCE. - to PROVIDE QUALITY CARE WITH A COMMITMENT to PATIENT SAFETY and CLINICAL EXCELLENCE.

Before you give

Should I give to this charity?

Easy charity check

Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

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 checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2015The report may be old. Ask for a newer one.

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

They name their leaders22 people are listed in the latest report.

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

Money made simple

92.77%of revenue went to mission work87.6% of expenses · Program services

$105.91spent for every $100 of revenueSpending was higher than revenue this year.

13.14%of revenue went to management and office costs12.4% of expenses

$0.67in assets for every $1 spent this yearSome assets cannot be spent right away.

0.8%of its money came from giftsOther money may come from services or investments.

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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 $5,315,858 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $599,897 for CHRISTOPHER BENSON MD (GASTORENTEROLOGIST). 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 2015

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$89,934,499

Mission workProgram services$83,434,94592.77% of revenue87.6% of expenses

ManagementOffice and general costs$11,815,41213.14% of revenue12.4% of expenses

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

Total expenses$95,250,357105.91% of revenue

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

Money in and money out

Revenue$89,934,499

Expenses$95,250,357

Annual shortfall $5,315,858 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)$83,434,945 · 87.6% of expenses

Management and office costs$11,815,412 · 12.4% of expenses

See all reported dollar amounts

Revenue$89,934,499

Expenses$95,250,357

Assets$63,883,681

Income$90,066,045

Contributions$724,670

Mission work (program services)$83,434,945

Management and general$11,815,412

Executive compensation (total)$1,068,559

Accounting fees$175,311

People

Leadership and board

Tax year 2015

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

People reported as paid

Person and titleCompensation

CHRISTOPHER BENSON MDGASTORENTEROLOGIST · 25 hrs/week $599,897Base $573,095 · Other $26,802

STEVEN CASE MDORTHOPEDIST · 40 hrs/week $557,712Base $538,207 · Other $19,505

JOHN R DABBS DCTRUSTEE · 2 hrs/week $448,655Base $421,646 · Other $27,009

MARK ROY MDNEUROSURGEON · 40 hrs/week $385,183Base $355,887 · Other $29,296

MARC DEMASON MDGENERAL SURGEON · 40 hrs/week $380,136Base $369,741 · Other $10,395

BRAD BAUER MDUROLOGIST · 40 hrs/week $369,738Base $359,343 · Other $10,395

WILLIAM MCLEOD MDTRUSTEE/PHYSICIAN - OB/GYN · 2 hrs/week $349,361Base $320,065 · Other $29,296

HOWARD AINSLEYCEO (FORMER) · 60 hrs/week $339,562Base $329,167 · Other $10,395

MOHAMMAD ANWARD MDTRUSTEE/PHYSICIAN - HOSPITALIST · 2 hrs/week $217,402Base $216,138 · Other $1,264

KENNETH K BOGGSINTERIM CFO · 60 hrs/week $170,059

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 (22)

CHRISTOPHER BENSON MDGASTORENTEROLOGIST

STEVEN CASE MDORTHOPEDIST

JOHN R DABBS DCTRUSTEE

MARK ROY MDNEUROSURGEON

MARC DEMASON MDGENERAL SURGEON

BRAD BAUER MDUROLOGIST

WILLIAM MCLEOD MDTRUSTEE/PHYSICIAN - OB/GYN

HOWARD AINSLEYCEO (FORMER)

MOHAMMAD ANWARD MDTRUSTEE/PHYSICIAN - HOSPITALIST

KENNETH K BOGGSINTERIM CFO

JAMES C BURNETTEPAST CHAIR

JEFFREY PARRISSECRETARY/TREASURER

JUDY G ROUSECHAIR

GLENN L MARTINTRUSTEE

MARK COLLINSTRUSTEE

DEL BOOTHETRUSTEE

R SCOTT BARHAMTRUSTEE

RAYMOND C OWINGSINTERIM CFO

ROBERT L CROUCHTRUSTEE

DANA M WESTONPRESIDENT AND CEO

TERRY DANIEL MDCHIEF OF STAFF

W EUGENE RUSSELLVICE CHAIR

About this charity

Location: 117 EAST KINGS HIGHWAY, EDEN, NC 27288
County: Rockingham
In care of: DANA WESTON

How to reach them

WebsiteVisit the charity’s website Phone(336) 627-6337

Filing and classification

Latest tax year: 2015
Tax period began: October 1, 2015
Tax preparer: CLIFTONLARSONALLEN LLP
IRS tax category: Textile MillsT
Revocation date: February 15, 2020