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Polk Medical Center

Also known as Atrium Health Floyd Polk Medical Center

Rome, GA · EIN 45-3957368 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Polk Medical Center reported $61.2 million in revenue and $41.2 million in expenses for calendar year 2024. Of every $100 it spent, $81.24 went to program services, $18.76 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 90.0% of the total. The highest compensation it reported for one person was $2,070,494 (BOARD MEMBER, PRES/SEC). 39 people received more than $100,000 in reportable compensation. Revenue rose 89% between FY2020 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $41M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $61M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
81.2%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
18.8%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
2.9%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
90.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$2,070,494$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
5.02%1.34%
People paid over $100,000
Part VII, line 2
3927
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
37.36.6
Independent voting board members
Part VI 1a–1b
11 of 1288.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$33M expenses · 100.0% of program spending · grants $525K · revenue $55M

The filing organization operates a 25-bed, critical access hospital that offers health care services to polk county and northern haralson county with support from atrium health floyd health system's comprehensive network of care. The hospital provides a level iv traumacenter, inpatient rehabilitation, imaging, lab work, and infusion therapy. During 2024, atrium health floyd Polk Medical Center had approximately 8,000 patient days and nearly 27,000 emergency room visits

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
BOARD MEMBER, PRES/SEC
Director/trustee, officer, 1.00 hrs/week
$0$2,012,980$57,514$2,070,494
SVP, CHF LEGAL OFF & SEC
Officer, 1.00 hrs/week
$0$694,580$99,938$794,518
VP CORP/NETWORK SVC
Key employee, 1.00 hrs/week
$0$609,482$100,172$709,654
CFO
Officer, 20.00 hrs/week
$0$524,897$45,844$570,741
FORMER OFFICER (6/22)
Former, 0.00 hrs/week
$0$413,191$74,510$487,701
VP RURAL HEALTH
Key employee, 40.00 hrs/week
$0$313,093$53,590$366,683
BOARD MEMBER (TO 6/30/24)
Director/trustee, 1.00 hrs/week
$2,750$310,944$34,470$348,164
FORMER OFFICER (6/22)
Former, 0.00 hrs/week
$0$300,931$0$300,931

39 people received more than $100,000 in reportable compensation from Polk Medical Center (Part VII, line 2).

6 filings since FY2020

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpensesShort periods (after a fiscal-year change) are in the table, not the chart.
$0$20M$40M$60M$80MFY2020FY2021202220232024$61M$41M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$61M$41M81.2%$128M$2,070,494
2023 ⓘ$56M$32M80.5%$110M$1,697,674
2022 ⓘ$68M$49M95.2%$82M$1,438,385
FY2021 (6 mo.) ⓘ$21M$14M89.0%$65M$2,995,641
FY2021 ⓘ$39M$25M87.3%$57M$1,097,189
FY2020 ⓘ$32M$24M86.7%$42M$1,292,280

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b12 · 11 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50
  • Volunteers Part I, line 617

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
ARAMARK MANAGEMENT SERVICE
Food services, facilities uniforms
$1,381,541
MORRISON MANAGEMENT SPECIALISTS INC
Food services
$978,808
DELTA HEALTHCARE PROVIDERS
Contract labor
$219,317
ALLIANCE HEALTHCARE SERVICES INC
Healthcare services
$160,100

Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Polk Medical Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Polk Medical Center, you can publish a response that is linked from this page.

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Questions people ask

How much of Polk Medical Center's spending goes to programs?

In calendar year 2024, Polk Medical Center reported that 81.2% of its $41.2 million in expenses went to program services, 18.8% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Polk Medical Center pay its top executive?

The largest total compensation Polk Medical Center reported for one person in calendar year 2024 was $2,070,494, for the role of BOARD MEMBER, PRES/SEC (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Polk Medical Center get its money?

Of $61.2 million in revenue in calendar year 2024, 2.9% came from contributions and grants and 90.0% from program service revenue (Form 990, Part VIII).

Is Polk Medical Center a registered charity?

The IRS lists EIN 45-3957368 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202513219349301451 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202413209349322711 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202343189349305679 · read the filing
  • FY2021 (6 mo.): Form 990 for the 6-month short period ending December 31, 2021, object 202233199349308453 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202230539349300613 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100619349301120 · read the filing

All filings for EIN 45-3957368: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.