Overview
What is Springfield Hospital Inc?
Springfield Hospital Inc, based in Springfield, VT, is a 25-bed critical access hospital that prioritizes personalized and quality care. The organization runs The Windham Center, a mental health program, and offers off-site physical therapy services, seven hospital-owned specialty clinics, and an adult day care center. Their mission is to excel in patient care, be the preferred provider, and create a nurturing environment for both patients and staff. They empower their team through education and opportunities, foster collaborative relationships, and offer educational resources for prevention and wellness. Springfield Hospital serves a wide population, including the elderly, underprivileged, and uninsured, with minimal reimbursement. Their charity care policy offers assistance to those in need, with 50% assistance up to 300% of the federal poverty guideline. They provide charitable support to patients and offer on-site clinics for medical oncology and infusion services, plus cardiology services six days a month.
Official website here: www.springfieldhospital.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 85%, Three-Star out of Four Star rating.
Springfield Hospital Inc has received a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and financial health. The organization scored particularly well in various governance aspects, including having a fully independent board and robust financial oversight mechanisms. Their accountability measures are well-structured, with clear policies on conflict of interest, whistleblowing, and document retention.
The financial management of Springfield Hospital is noteworthy, with a program expense ratio of 82.16%, suggesting that a high percentage of their funds are directed toward their programs rather than administrative costs. Additionally, the absence of material diversion of assets highlights their commitment to ethical management. However, the liabilities to assets ratio indicates some financial concerns, scoring only 4 out of 15 points in that category.
Overall, Springfield Hospital Inc demonstrates strong practices in governance and financial accountability, making it a reliable nonprofit in the healthcare sector. While the liabilities to assets ratio suggests potential areas for improvement, their commitment to transparency and responsible financial practices is evident.
This AI summary has been generated from information found on Charity Navigator.
Is Springfield Hospital Inc legitimate?
Springfield Hospital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Springfield Hospital Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $811,578
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,477,948
For more financial information, click here
Official website here: www.springfieldhospital.org
What is the mission statement of Springfield Hospital Inc?
Springfield Hospital Inc is dedicated to delivering exceptional care with a strong focus on the individual. Their mission is to provide personalized, high-quality care in a professional environment where patients, clinicians, and employees thrive. They empower their caregivers through education, technology, and opportunities for growth. The hospital fosters collaborative relationships among healthcare professionals, staff, and patients. With a commitment to prevention and wellness, they offer educational resources to help communities make informed decisions. Springfield Hospital Inc aims to be the preferred choice for care by creating a supportive and nurturing atmosphere for all.
Official website here: www.springfieldhospital.org
Who is the CEO of Springfield Hospital Inc?
Robert Adcock is the Ceo/President of Springfield Hospital Inc. The CEO's salary of Springfield Hospital Inc is $142,280 and their total compensation is $142,280.
Official website here: www.springfieldhospital.org
What is the revenue of Springfield Hospital Inc?
Springfield Hospital Inc's revenue in 2022 was $61,425,493.
Official website here: www.springfieldhospital.org
Who are the executives of Springfield Hospital Inc and what are their salaries?
The average compensation at Springfield Hospital Inc during 2022 was $36,289. There are 504 employees and 15 volunteers at Springfield Hospital Inc.
Here are 20 key members and their salaries (Springfield Hospital Inc's CEO's salary is $142,280 and their total compensation is $142,280):
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- Other: $29,081
- Compensation: $142,280
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Official website here: www.springfieldhospital.org
Where can I find the form 990 for Springfield Hospital Inc?
Springfield Hospital Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.springfieldhospital.org
Learn more at the official website: www.springfieldhospital.org
Mission Statement of Springfield Hospital Inc
Springfield Hospital Inc, a 25-bed Critical Access Hospital, is dedicated to delivering exceptional, personalized care where patients take priority. The organization's mission is geared towards achieving excellence in healthcare provision, with a focus on creating a professional setting that attracts patients, healthcare professionals, and employees alike.
To accomplish this mission, Springfield Hospital Inc empowers its caregivers through education, technology, and opportunities for growth. By investing in the professional development of its staff, the hospital fosters an environment in which clinicians are motivated to practice medicine at their highest potential. This, in turn, contributes to the overall quality of care delivered to patients.
Moreover, Springfield Hospital Inc values collaboration and builds strong relationships between its clinicians, staff, and patients. This team-oriented approach ensures that each patient receives comprehensive care, tailored to their unique needs.
In addition, the hospital prioritizes community engagement and education, offering resources and support for individuals to make informed decisions about their health. By emphasizing prevention and wellness, Springfield Hospital Inc strives to not only provide safe, personalized care but also contribute to the overall health and well-being of the communities it serves.
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Impact
October, 2024
Springfield Hospital Inc. plays a vital role in the health and well-being of the Springfield, VT community and surrounding areas. As a 25-bed critical access hospital, it ensures that residents have access to essential medical services, particularly benefiting vulnerable populations such as the elderly, low-income individuals, and those without insurance.
The hospital provides a range of services, including a comprehensive inpatient mental health program through The Windham Center, outpatient physical therapy, and a network of specialty clinics in areas such as orthopedics, gynecology, and pain management. By offering these specialized services, Springfield Hospital not only addresses immediate health needs but also reduces the burden on patients who would otherwise have to travel long distances for care.
With a commitment to personalized, quality care, Springfield Hospital emphasizes collaboration among clinicians, staff, and patients, fostering an environment where everyone feels involved in the care process. The hospital also prioritizes education and preventative health resources, empowering community members to make informed decisions about their health.
Importantly, Springfield Hospital's charity care policy underscores its dedication to serving all individuals, irrespective of their financial situation. With significant charitable support—including providing gas and medication cards—the hospital ensures that cost does not become a barrier to necessary medical services. In fiscal year 2022, the hospital forewent substantial charges for charity care, demonstrating its commitment to assisting those in need.
Overall, Springfield Hospital Inc. stands as a cornerstone of the community's healthcare system, striving for excellence by meeting diverse health needs, promoting wellness, and ensuring access to high-quality medical services for all.
This information is meant to be a general summary of Springfield Hospital Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $21,918
- Program Service Revenue: $54,917,401
- Gross Receipts: $61,439,147
Assets and Liabilities:
- Total Assets: $30,767,524
- Total Liabilities: $20,074,244
- Net Assets: $10,693,280
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Patient Service Revenue
Revenue
$113,412,718
Miscellaneous Revenue
Revenue
$3,754,005
MSSA Revenue
Revenue
$1,026,065
Adult Daycare Revenue
Revenue
$684,394
Contractual Allowances
Revenue
-$63,959,781
Organization Details
Founding Year
1914
Phone
(802) 885-2151Principal Officer
Robert Adcock
Main Address
PO Box 2003, Springfield, VT, 05156
Website
www.springfieldhospital.orgNTEE Category
Code: E220 - Health
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