IRS Form 990 · EIN 61-0901605

Monticello Medical Associates Inc

Monticello, KY 42633-9472 · Tax year 2023

NTEE E30Health Treatment Facility

$10.1M

Total revenue

$8.2M

Total expenses

$1.9M

Net income

19.0%

Operating margin

Financial summary

Compared to 6 organizations with NTEE E30 in KY

Avg revenue (peers)

$334.4M

This org:$10.1M

Avg net income (peers)

$-66.3M

This org:$1.9M

Avg top exec comp (peers)

$1.7M

This org (highest):$185K

11 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
Robert Parmelee	Administrator	40	$180K	$185K
Ronald McFarland	Medical Directo	40	$83K	$83K
Joyce Bell	President	2	—	—
Sherry Barnes	Secretary	1	—	—
Barbara Turpin	Treasurer	2	—	—
Robert Leon Allen	Vice President	1	—	—
Diane Sutton	Director	1	—	—
Brenda Pryor	Director	1	—	—
Joyce Owens	Director	1	—	—
Cynthia Woods	Director	1	—	—
James Frazer	Director	1	—	—

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2023	$10.1M	$8.2M	$1.9M	$7.4M
2022	$10.1M	$7.5M	$2.6M	$2.6M
2020	$2.3M	$2.4M	$-142K	$927K
2019	—	—	—	—

This organization appears to be a hospital. Explore additional data sources: