Overview
What is Margaretville Memorial Hospital?
Margaretville Memorial Hospital is a critical access hospital, located in Margareville, New York (NY), along State Route 28, and provides essential acute healthcare services to the nearby communities. The hospital recorded significant activity in 2022, including 1,509 patient days, 3,696 emergency room visits, 107 outpatient surgeries, 187 discharges, and 118 infusion therapies. The mission of this nonprofit organization is to deliver quality medical care and diagnostic services to medically underserved communities in the area. Employing a team of 117 individuals, the hospital aims to improve the health and wellbeing of its residents and visitors.
Official website here: www.margaretvillehosp.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Margaretville Memorial Hospital received an overall score of 81%, reflecting a strong performance in accountability and finance. This rating is predominantly based on its financial practices, which have been assessed favorably, indicating a well-managed organization. The hospital's governance structure is robust, with an independent board comprising 85% of its members, ensuring effective oversight.
The organization excels in areas such as financial statements and conflict of interest policies, scoring full points in these categories. Additionally, the hospital has established comprehensive policies for document retention and whistleblower protections, further demonstrating its commitment to transparency and accountability. The program expense ratio is also commendable at 77.51%, indicating that a significant portion of its budget is directed towards its programs.
However, the hospital's liabilities to assets ratio received a lower score, suggesting potential concerns regarding its financial stability. This aspect may warrant attention and improvement to enhance the overall financial health of the organization. Despite this limitation, the hospital's commitment to good governance and financial transparency stands out positively in its evaluation.
This AI summary has been generated from information found on Charity Navigator.
Is Margaretville Memorial Hospital legitimate?
Margaretville Memorial Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Margaretville Memorial Hospital 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,227,666
For more financial information, click here
Official website here: www.margaretvillehosp.org/
What is the mission statement of Margaretville Memorial Hospital?
Margaretville Memorial Hospital operates a critical access hospital, dedicated to delivering quality medical care and diagnostic services to medically underserved communities in the area. Their mission is to ensure access to essential healthcare for those in need. In 2022, the hospital recorded over 1,500 patient days, 3,700 emergency room visits, 100 outpatient surgeries, 180 discharges, and 120 infusion therapies, demonstrating the significant impact of their services. The team at Margaretville Memorial Hospital is committed to enhancing the health and wellbeing of their community through continuous care and dedication.
Official website here: www.margaretvillehosp.org/
Who is the CEO of Margaretville Memorial Hospital?
Unavailable
Official website here: www.margaretvillehosp.org/
What is the revenue of Margaretville Memorial Hospital?
Margaretville Memorial Hospital's revenue in 2022 was $15,749,636.
Official website here: www.margaretvillehosp.org/
Who are the executives of Margaretville Memorial Hospital and what are their salaries?
The average compensation at Margaretville Memorial Hospital during 2022 was $61,775. There are 117 employees at Margaretville Memorial Hospital.
Here are 23 key members and their salaries:
- Compensation: $0
- Related: $80,962
- Other: $4,154
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $463,831
- Other: $61,455
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- Compensation: $0
- Related: $619,034
- Other: $8,701
- Compensation: $0
- Related: $357,908
- Other: $49,462
- Compensation: $132,567
- Related: $0
- Other: $31,911
- Compensation: $0
- Related: $204,432
- Other: $46,066
- Compensation: $0
- Related: $210,568
- Other: $29,209
- Compensation: $171,418
- Related: $0
- Other: $4,285
- Compensation: $150,273
- Related: $0
- Other: $12,718
- Compensation: $0
- Related: $202,304
- Other: $0
Official website here: www.margaretvillehosp.org/
Where can I find the form 990 for Margaretville Memorial Hospital?
Margaretville Memorial Hospital's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.margaretvillehosp.org/
Learn more at the official website: www.margaretvillehosp.org/
Mission Statement of Margaretville Memorial Hospital
Margaretville Memorial Hospital, a vital institution, is dedicated to delivering top-notch medical care and diagnostic services to medically underserved communities in its area. Established with a mission to operate a Critical Access Hospital, this organization goes above and beyond to cater to the health needs of residents and visitors alike.
In the past year, the hospital recorded significant achievements, with 1,509 patient days, 3,696 emergency room visits, 107 outpatient surgeries, 187 discharges, and 118 infusion therapies. These figures are a testament to the critical role Margaretville Memorial Hospital plays in ensuring access to essential healthcare services within its community.
As a beacon of hope, the hospital offers acute health care services around the clock, addressing various medical concerns and providing much-needed relief to those in need. By focusing on medically underserved communities, Margaretville Memorial Hospital ensures that individuals who might otherwise face barriers to healthcare have access to the care they deserve. This commitment to quality medical care and diagnostic services is a cornerstone of the hospital's mission.
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Impact
October, 2024
Margaretville Memorial Hospital plays a vital role in providing essential healthcare services to medically underserved communities in the area. As a critical access hospital, it ensures that residents and visitors have access to quality medical care and diagnostic services. In 2022, the hospital supported the health needs of the region with 1,509 patient days, 3,696 emergency room visits, and 107 outpatient surgeries, demonstrating its commitment to acute healthcare services.
The hospital's operations are particularly crucial for local populations who may not otherwise have prompt access to necessary medical attention. With a focus on quality care, Margaretville Memorial Hospital addresses both routine healthcare needs and emergent health crises, significantly impacting community health outcomes. By providing infusion therapies and a range of other medical services, it stands as a cornerstone of health support in Margaretville, New York, fulfilling its mission to improve the lives of residents through accessible and comprehensive healthcare options.
This information is meant to be a general summary of Margaretville Memorial Hospital. 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: $3,654
- Program Service Revenue: $11,616,816
- Gross Receipts: $15,769,231
Assets and Liabilities:
- Total Assets: $7,682,051
- Total Liabilities: $5,503,541
- Net Assets: $2,178,510
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE REVENUE
Revenue
$11,616,816
Organization Details
Founding Year
1930
Phone
(845) 943-6084Main Address
42084 STATE ROUTE 28, MARGARETVILLE, NY, 12445
Website
www.margaretvillehosp.org/NTEE Category
Code: E22Z - Health
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