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Nonprofit · EIN 43-1240629

FREEMAN NEOSHO HOSPITAL

Tax-exempt · NEOSHO, MO 64850

Financials

$37.1M$31.9M2022$37M$31.9M2023$40.1M$32.9M2024
Revenue Expenses · by fiscal year end
Financials of FREEMAN NEOSHO HOSPITAL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$40,129,717$32,880,553$7,249,164$100,031,854$7,163,272$92,868,582
March 31, 2024990$37,028,095$31,940,373$5,087,722$90,572,258$5,029,180$85,543,078
March 31, 2023990$37,106,716$31,855,733$5,250,983$78,699,864$5,546,046$73,153,818
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$38,890
Program service revenue
$34,827,856
Investment income
$5,115,889
Net rental income
$147,082
Net gain from sales of assets
$3,096,393
Other revenue
$147,082

Expenses

Grants and similar amounts paid
$47,340
Compensation of officers, directors and key employees
$1,541,342
Other salaries and wages
$15,126,783
Salaries, compensation and benefits (total)
$19,973,274
Professional fundraising fees
$0
Occupancy
$761,246
Travel
$92,460
Depreciation
$1,200,934
Program services (functional)
$26,953,908
Management and general (functional)
$5,926,645

Balance sheet and other

Total assets, start of year
$90,572,258
Total assets, end of year
$100,031,854
Total liabilities, end of year
$7,163,272
Net assets, end of year
$92,868,582
Land, buildings and equipment
$9,600,664
Publicly traded securities
$80,335,569
Net assets without donor restrictions
$92,868,582
Gross receipts
$57,265,778
Employees
283
Volunteers
15
Year formed
1993
State of legal domicile
MO

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended March 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Paula BakerPresident and CEO
Trustee or director, Officer
6$414,954$1,659,816$40,985
Steve GraddyCFO
Officer
10$143,127$715,633$34,194
Douglas McDonald DOPhysician
Highest-paid employee
31$650,197$0$44,330
Michael Jay Pace DOPhysician
Highest-paid employee
60$482,192$0$17,405
Benjamin Hogan Cesarz DOPhysician
Highest-paid employee
40$452,765$0$20,179
Matthew T Walter MDPhysician
Highest-paid employee
60$431,613$0$20,267
Dr Brady Hesington MDPhysician/Director
Trustee or director
40$384,005$0$41,266
Adam James Field DOPhysician
Highest-paid employee
60$318,298$0$35,057
Dr Larry BarnesPhysician/Secretary
Trustee or director, Officer
40$253,321$0$30,152
Renee DentonChief Operating Officer
Officer
60$220,561$0$40,060
Mitch McCumberVice Chairman
Trustee or director, Officer
1$0$0$0
Rudy FarberChairman
Trustee or director, Officer
1$0$0$0
Dr Craig Pendergrass DODirector
Trustee or director
1$0$0$0
Dr Kent FarnsworthDirector
Trustee or director
1$0$0$0
Gary WassonDirector
Trustee or director
1$0$0$0
1 more people on this return
NameTitleHours / weekCompensation
Jim ArmstrongDirector
Trustee or director
1$0
990 for the year ended March 31, 2024: 16 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Paula BakerPresident and CEO
Trustee or director, Officer
6$365,066$1,460,265$38,297
Steve GraddyCFO
Officer
10$123,922$619,612$33,289
Douglas McDonaldPhysician
Highest-paid employee
31$374,469$249,646$32,485
Ernest Samuel Holmes MDPhysician
Highest-paid employee
60$614,219$0$31,199
Michael Jay Pace DOPhysician
Highest-paid employee
60$474,441$0$16,291
Benjamin Hogan Cesarz DOPhysician
Highest-paid employee
40$441,811$23,500$18,079
Dr Brady HesingtonPhysician/Director
Trustee or director
40$356,728$0$38,571
Adam James Field DOPhysician
Highest-paid employee
60$298,028$0$32,465
Dr Larry BarnesPhysician/Secretary
Trustee or director, Officer
40$239,438$0$26,996
Renee DentonChief Operating Officer
Key employee
60$195,563$0$37,346
Mitch McCumberVice Chairman
Trustee or director, Officer
1$0$0$0
Rudy FarberChairman
Trustee or director, Officer
1$0$0$0
Dr Craig PendergrassDirector
Trustee or director
1$0$0$0
Dr Kent FarnsworthDirector
Trustee or director
1$0$0$0
Gary WassonDirector
Trustee or director
1$0$0$0
Jim ArmstrongDirector
Trustee or director
1$0$0$0
990 for the year ended March 31, 2023: 17 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
PAULA BAKERPRESIDENT AND CEO
Trustee or director, Officer
6$354,993$1,419,973$35,396
STEVE GRADDYCFO
Officer
10$129,651$648,256$30,756
ERNEST HOLMESPHYSICIAN
Highest-paid employee
60$558,551$0$28,023
YARA TOUMAPHYSICIAN
Highest-paid employee
42$390,293$169,968$23,167
BENJAMIN CESARZPHYSICIAN
Highest-paid employee
54$390,033$46,210$14,058
MICHAEL PACEPHYSICIAN
Highest-paid employee
60$413,269$0$15,066
BRADY GRANT HESINGTONDIRECTOR
Trustee or director
40$345,741$0$35,670
ADAM FIELDPHYSICIAN
Highest-paid employee
60$278,816$0$30,399
RENEE DENTONCHIEF OPERATING OFFICER
Key employee
60$187,282$0$33,452
LARRY BARNESSECRETARY
Trustee or director, Officer
40$190,538$0$25,444
DEE ANN EVENSONDIRECTOR END 06/22
Trustee or director
1$0$0$0
RUDY FARBERCHAIRMAN
Trustee or director, Officer
1$0$0$0
GLENN MCCUMBERVICE CHAIRMAN
Trustee or director, Officer
1$0$0$0
CRAIG PENDERGRASSDIRECTOR
Trustee or director
1$0$0$0
GARY WASSONDIRECTOR
Trustee or director
1$0$0$0
JIM ARMSTRONGDIRECTOR BEG 11/22
Trustee or director
1$0$0$0
KENT FARNSWORTHDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
113 W HICKORY ST, NEOSHO, MO 64850-1705
In care of
% STEVE GRADDY
Principal officer (990 for 2024)
MATTHEW FRY, 113 W HICKORY, NEOSHO, MO 64850
Signed the 990
MATTHEW FRY, CFO
Phone
(417) 347-1111
Return prepared by
Forvis Mazars LLP

Mission

TO IMPROVE THE HEALTH OF THE COMMUNITIES WE SERVE THROUGH CONTEMPORARY, INNOVATIVE, QUALITY HEALTHCARE SOLUTIONS.

990 for the year ended March 31, 2025

Program accomplishments

  • FREEMAN NEOSHO OFFERS OUTPATIENT SERVICES INCLUDE EMERGENCY MEDICINE, WOMEN'S SERVICES, HEART CARE, ORTHOPAEDICS, OTOLARYNGOLOGY, A PHARMACY, OCCUPATIONAL MEDICINE, REHABILITATION THERAPIES, RADIOLOGY, LABORATORY SERVICES AND MORE. FOR THOSE REQUIRING EMERGENCY MEDICAL CARE, FREEMAN NEOSHO OFFERS AN EMERGENCY ROOM STAFFED BY EXPERIENCED PHYSICIANS 24 HOURS A DAY, 7 DAYS A WEEK. LEADING-EDGE COMPUTED TOMOGRAPHY (CT) AND MAGNETIC RESONANCE IMAGING (MRI) SERVICES ARE AVAILABLE FOR PATIENTS IN THE LARRY D. NEFF CT-MRI SUITE. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.
    Expenses $19,102,882 · revenue $22,892,018
  • Freeman Neosho Hospital provides intensive care, general care, and swing-bed inpatient services. Freeman Neosho inpatient services totaled 689 cases, of which, 99, or 14.4%, were Medicaid cases. Additionally, 31 inpatient cases, or 4.5% of the total, fell into the self-pay (no insurance) category. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.
    Expenses $4,169,656 · revenue $4,589,659
  • THE FREEMAN NEOSHO EMERGENCY DEPARTMENT TREATED 12,615 CASES, OF WHICH 4,462 WERE MEDICAID CASES, REPRESENTING 35.4% OF THE TOTAL EMERGENCY ROOM VOLUME. IN ADDITION, THE EMERGENCY ROOM TREATED 1,720 CASES, OR 13.6%, THAT WERE SELF-PAY (NO INSURANCE). SEE SCHEDULE O FOR ADDITIONAL INFORMATION.
    Expenses $3,634,030 · revenue $7,346,179
  • FREEMAN NEOSHO HOSPITAL PROVIDED CONTRIBUTIONS TO LOCAL ORGANIZATION.
    Expenses $47,340 · grants $47,340

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
43-1240629
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1994
Accounting year ends
March
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E22)
Assets (IRS master file)
$100,031,854
Income (IRS master file)
$57,265,778

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$40,129,717$32,880,553$100,031,854XML
990-TMarch 2025–––IRS
990March 2024$37,028,095$31,940,373$90,572,258XML
990-TMarch 2024–––IRS
990March 2023$37,106,716$31,855,733$78,699,864XML
990-TMarch 2023–––IRS
990March 2022$37,155,199$29,767,008$77,854,209IRS
990-TMarch 2022–––IRS
990March 2021–––IRS
990-TMarch 2021–––IRS
990March 2020–––IRS
990March 2019–––IRS
990March 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 43-1240629).

Questions about FREEMAN NEOSHO HOSPITAL

What is the EIN of FREEMAN NEOSHO HOSPITAL?
The employer identification number (EIN) of FREEMAN NEOSHO HOSPITAL is 43-1240629.
Is FREEMAN NEOSHO HOSPITAL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to FREEMAN NEOSHO HOSPITAL tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FREEMAN NEOSHO HOSPITAL file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FREEMAN NEOSHO HOSPITAL due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FREEMAN NEOSHO HOSPITAL last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of FREEMAN NEOSHO HOSPITAL?
The 990 for the year ended March 31, 2025 names MATTHEW FRY.
Who are the officers and directors of FREEMAN NEOSHO HOSPITAL?
The 990 for the year ended March 31, 2025 lists 16 people; 10 received compensation from the organization, the highest $414,954 (Paula Baker, President and CEO).
How much revenue does FREEMAN NEOSHO HOSPITAL have?
On its 990 for the year ended March 31, 2025 it reported revenue of $40,129,717, expenses of $32,880,553 and total assets of $100,031,854 at year end.

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