Nonprofit · EIN 64-0345119
RUSH MEDICAL FOUNDATION
Also known as MAGNA HOME HEALTH
Tax-exempt · MERIDIAN, MS 39301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $192,557,989 | $190,351,941 | $2,206,048 | $121,187,735 | $70,296,854 | $50,890,881 |
| December 31, 2023 | 990 | $173,833,014 | $178,057,998 | -$4,224,984 | $110,048,589 | $61,363,756 | $48,684,833 |
| December 31, 2022 | 990 | $167,156,010 | $166,998,369 | $157,641 | $602,252,649 | $548,895,076 | $53,357,573 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,101,674
- of which government grants
- $2,101,674
- Program service revenue
- $187,740,188
- Investment income
- $227,973
- Net rental income
- $196,615
- Net gain from sales of assets
- $35,450
- Net income from sales of inventory
- $2,291,539
- Other revenue
- $2,488,154
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $64,442,416
- Salaries, compensation and benefits (total)
- $80,418,393
- Professional fundraising fees
- $0
- Legal fees
- $5,923
- Occupancy
- $6,585,945
- Travel
- $103,358
- Depreciation
- $6,734,851
- Program services (functional)
- $149,515,708
- Management and general (functional)
- $40,763,641
- Fundraising (functional)
- $72,592
Balance sheet and other
- Total assets, start of year
- $110,048,589
- Total assets, end of year
- $121,187,735
- Total liabilities, end of year
- $70,296,854
- Net assets, end of year
- $50,890,881
- Land, buildings and equipment
- $77,762,386
- Net assets without donor restrictions
- $50,860,095
- Net assets with donor restrictions
- $30,786
- Gross receipts
- $195,932,599
- Employees
- 57
- Volunteers
- 0
- Year formed
- 1947
- State of legal domicile
- MS
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| D LARKIN KENNEDY | OFFICER Officer | 1 | $0 | $654,938 | $59,495 |
| FREDERICK DUGGAN MD | FORMER OFFICER Former | 0 | $0 | $438,009 | $32,089 |
| J ALLEN TYRA | OFFICER Officer | 1 | $0 | $368,777 | $27,669 |
| DAVID BUTLER | OFFICER Officer | 1 | $0 | $346,712 | $20,860 |
| ANDREW WATSONMD | FORMER HIGHEST COMP - PHYSICIAN Former | 0 | $0 | $234,536 | $35,057 |
| JAMES C MATTHEWS III MD | FORMER HIGHEST COMP - PHYSICIAN Former | 0 | $0 | $241,725 | $25,926 |
| LAURA ELIZABETH PERRY | FORMER HIGHEST COMP - NP Former | 0 | $0 | $177,444 | $4,625 |
| AMBER BOYD GUNN | FORMER HIGHEST COMP - NP Former | 0 | $0 | $166,736 | $7,657 |
| ANN ALEXANDER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| BILLY PIERCE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JAMES K PURVIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| FRED BLACKLEDGE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JAMES GRANGER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CAROL SMITH | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| BETTY VISE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| FREDERICK DUGGAN MD | FORMER OFFICER Former | 0 | $0 | $812,720 | $27,383 |
| D LARKIN KENNEDY | CEO - OCHSNER RUSH HEALTH Officer | 1 | $0 | $615,803 | $54,090 |
| J ALLEN TYRA | CEO - OCHSNER RUSH MEDICAL CENTER Officer | 1 | $0 | $350,552 | $23,546 |
| DAVID BUTLER | CFO - OCHSNER RUSH HEALTH Officer | 1 | $0 | $330,322 | $21,709 |
| JAMES C MATTHEWS III MD | FORMER HIGHEST COMP - PHYSICIAN Former | 0 | $0 | $220,035 | $22,783 |
| ANDREW WATSON MD | FORMER HIGHEST COMP - PHYSICIAN Former | 0 | $0 | $193,397 | $26,270 |
| LAURA PERRY | FORMER HIGHEST COMP - NP Former | 0 | $0 | $184,852 | $2,800 |
| AMBER BOYD GUNN | FORMER HIGHEST COMP - NP Former | 0 | $0 | $183,938 | $3,660 |
| GARY ADAM MCPHERSON | FORMER HIGHEST COMP - NP Former | 0 | $0 | $119,649 | $2,431 |
| ANN ALEXANDER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| BILLY PIERCE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JAMES K PURVIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| FRED BLACKLEDGE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JAMES GRANGER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CAROL SMITH | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| BETTY VISE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2022: 21 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| FREDERICK DUGGAN MD | BOARD MEMBER Officer | 1 | $0 | $651,615 | $53,750 |
| D LARKIN KENNEDY PRESIDENT | CEO - OCHSNER RUSH HEALTH Officer | 1 | $0 | $500,466 | $22,600 |
| J ALLEN TYRA | CEO - OCHSNER RUSH MEDICAL CENTER Officer | 1 | $0 | $294,437 | $20,873 |
| DARRELL WILDMAN | BOARD MEMBER AND SECRETARY Officer | 1 | $0 | $254,032 | $51,378 |
| DAVID BUTLER | CFO Officer | 1 | $0 | $280,801 | $17,464 |
| JAMES C MATTHEWS III MD | FORMER HIGHEST COMPENSATED EMPLOYEE Former | 1 | $0 | $194,679 | $36,151 |
| ANDREW WATSONMD | FORMER HIGHEST COMPENSATED EMPLOYEE Former | 1 | $0 | $163,143 | $48,261 |
| DONNA CAVE PALMER | NURSE PRACTITIONER Highest-paid employee | 49 | $100,278 | $76,502 | $21,772 |
| AMBER BOYD GUNN | NURSE PRACTITIONER Highest-paid employee | 1 | $47,290 | $143,923 | $6,437 |
| M CHUCK REECE MD | FORMER OFFICER Former | 1 | $0 | $155,248 | $17,357 |
| JAMES M NESTER | ADMINISTRATOR Officer | 1 | $0 | $136,843 | $23,440 |
| GARY ADAM MCPHERSON | NURSE PRACTITIONER Highest-paid employee | 49 | $93,465 | $61,279 | $390 |
| DONNA R CLARK | REGISTERED NURSE Highest-paid employee | 1 | $22,172 | $132,300 | $3 |
| LAURA ELIZABETH PERRY | NURSE PRACTITIONER Highest-paid employee | 49 | $73,522 | $75,936 | $852 |
| J RICHARD BARRY | BOARD MEMBER Officer | 1 | $0 | $9,000 | $10,489 |
| ANN ALEXANDER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| BILLY PIERCE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JAMES K PURVIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| FRED BLACKLEDGE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JAMES GRANGER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CAROL SMITH | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1314 19TH AVE, MERIDIAN, MS 39301-4116
- In care of
- % MAGNA HOME HEALTH
- Principal officer (990 for 2024)
- D LARKIN KENNEDY, 1314 19TH AVENUE, MERIDIAN, MS 39301
- Signed the 990
- JIM MOLLOY, OCF EVP, CFO, TREASURER
- Phone
- (601) 703-9992
- Website
- WWW.OCHSNERRUSH.ORG
- Return prepared by
- CRI ADVISORS LLC
Mission
TO PROVIDE ACUTE, EMERGENCY AND OUTPATIENT HEALTH CARE TO PERSONS IN LAUDERDALE COUNTY, MISSISSIPI AND THE SURROUNDING AREA.
Program accomplishments
- RUSH FOUNDATION HOSPITAL IS A 215-BED TERTIARY CARE FACILITY LOCATED IN MERIDIAN, MS IN LAUDERDALE COUNTY AND IS THE FLAGSHIP HOSPITAL FOR RUSH HEALTH SYSTEMS. WITH A 107-YEAR LEGACY OF MEDICAL INNOVATION, QUALITY CARE AND SERVICE TO OTHERS, RUSH HEALTH SYSTEMS IS COMPRISED OF 7 CARE HOSPITALS AND MORE THAN 30 CLINICS. WITH 250 STAFF AND CONTRACTED PHYSICIANS AND 95 ADVANCED-PRACTICE PROVIDERS, RUSH IS THE LARGEST NON-GOVERNMENTAL EMPLOYER IN THE REGION.Expenses $149,515,708 · revenue $186,453,440
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 64-0345119
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Hospital or medical research organization
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1950
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E22)
- Assets (IRS master file)
- $121,187,735
- Income (IRS master file)
- $195,932,599
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $192,557,989 | $190,351,941 | $121,187,735 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $173,833,014 | $178,057,998 | $110,048,589 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $167,156,010 | $166,998,369 | $602,252,649 | XML |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 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 64-0345119).
Questions about RUSH MEDICAL FOUNDATION
- What is the EIN of RUSH MEDICAL FOUNDATION?
- The employer identification number (EIN) of RUSH MEDICAL FOUNDATION is 64-0345119.
- Is RUSH MEDICAL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1950.
- Are donations to RUSH MEDICAL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RUSH MEDICAL FOUNDATION 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 RUSH MEDICAL FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RUSH MEDICAL FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of RUSH MEDICAL FOUNDATION?
- The 990 for the year ended December 31, 2024 names D LARKIN KENNEDY.
- Who are the officers and directors of RUSH MEDICAL FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
- How much revenue does RUSH MEDICAL FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $192,557,989, expenses of $190,351,941 and total assets of $121,187,735 at year end.
Other nonprofits in MERIDIAN
- ANDERSON REGIONAL MEDICAL CENTER EIN 64-0362400 · last filed 990 for 2025
- MEDICAL FOUNDATION INC NON PROFIT ORGANIZATION EIN 64-0834532 · last filed 990 for 2024
- ANDERSON PHYSICIAN ALLIANCE INC EIN 27-3274203 · last filed 990 for 2025
- KEMPER CAH EIN 27-1757642 · last filed 990 for 2024
- RUSH HOSPITAL-BUTLER INC EIN 64-0655993 · last filed 990 for 2024
- SCOTT REGIONAL MEDICAL CENTER INC EIN 26-0792328 · last filed 990 for 2024
- GREATER MERIDIAN HEALTH CLINIC INC EIN 64-0732893 · last filed 990 for 2025
- RUSH CARE INC EIN 64-0833381 · last filed 990 for 2024