IRS Form 990 · EIN 56-1844262

Murphy Medical Center Inc

Murphy, NC 28906-0000 · Tax year 2023

NTEE E22Specialty Hospital

$69.1M

Total revenue

$68.9M

Total expenses

$-400K

Net income

-0.6%

Operating margin

Financial summary

Compared to 19 organizations with NTEE E22 in NC

Avg revenue (peers)

$1.03B

This org:$69.1M

Avg net income (peers)

$2.3M

This org:$-400K

Avg top exec comp (peers)

$1.6M

This org (highest):$602K

20 officers + key employees from the most recent Schedule J filing (FY2022; the financial summary above is FY2023)

Name	Title	Hours/wk	Base comp	Total comp
MICHAEL NERNEY MD	GENERAL SURGEON	40	$540K	$602K
ERIC CLARKE MD	ORTHOPEDIC SURGEON	40	$560K	$576K
JEFFREY MARTIN MD	UROLOGIST	40	$484K	$556K
THOMAS CLAYTON MD	FAMILY MEDICINE PHYSICIAN	40	$335K	$441K
STEPHEN PURVIS DO	ORTHOPEDIC SURGEON	40	$320K	$337K
TERESA BOWLEG	CNO/ADMINISTRATOR	40	$176K	$221K
DEBBIE INGRAM	BOARD MEMBER	1	—	—
BARRY LARGE	BOARD MEMBER	1	—	—
WARREN MCEWEN	BOARD MEMBER	1	—	—
LINDA MINES	BOARD MEMBER	1	—	—
SHEILA BOYINGTON	BOARD CHAIR	1	—	—
CHRISTOPHER POOLE	BOARD MEMBER	1	—	—
LEMON WILLIAMS JR	BOARD MEMBER	1	—	—
STEPHANIE BOYNTON	CEO	40	—	—
MITCHELL MUTTER	BOARD MEMBER	1	—	—
VICKY GREGG	BOARD VICE-CHAIR	1	—	—
JIM COLEMAN	BOARD MEMBER, CEO OF ERLANGER	1	—	—
ROBERT MALONEY	BOARD MEMBER, COO OF ERLANGER	1	—	—
LYNN DEJACO	BOARD MEMBER, CFO OF ERLANGER	1	—	—
JOHN GERM	BOARD MEMBER	1	—	—

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2023	$69.1M	$68.9M	$-400K	$56.4M
2022	$61.0M	$65.2M	$129K	$51.1M
2021	$64.2M	$63.8M	$308K	$53.2M
2020	$71.9M	$71.2M	$291K	$47.3M
2019	$76.1M	$74.8M	$2.2M	$36.2M
2018	$69.2M	$72.2M	$109K	$36.3M
2017	$74.2M	$73.9M	$-19K	$41.6M
2016	$67.4M	$70.3M	$-146K	$40.8M
2015	$67.0M	$66.4M	$15K	$43.6M
2014	$61.8M	$61.6M	$15K	$44.8M

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