Overview
What is Virtua Health And Rehabilitation Center At Mt Holly Inc?
Virtua Health and Rehabilitation Center at Mt Holly Inc is a nonprofit nursing care facility located in Marlton, New Jersey. With a capacity of 180 beds, they provide continuous care to mainly geriatric patients, totaling 10,335 patient days in 2022. The majority of their patients rely on medical assistance programs such as Medicaid for coverage, with reimbursement falling short of the provided services' cost. The organization's mission is to contribute positively to the community's well-being by delivering exceptional healthcare experiences. They are committed to ensuring the highest quality care, offering resources, technology, and training to their healthcare team, and providing opportunities for professional growth. Despite the challenges in reimbursement, the team remains dedicated to their mission and aims to make a difference in the lives of their patients and their families.
Official website here: www.virtua.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
Virtua Health and Rehabilitation Center at Mt. Holly Inc has received a strong Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored 96% in Accountability & Finance, reflecting its commitment to transparency and effective management of resources. This rating is primarily based on its meticulous adherence to governance practices and financial oversight, with notable metrics such as a solid liabilities to assets ratio and a high program expense ratio.
The organization demonstrates robust governance, featuring an independent board comprised of 90% members who contribute to sound decision-making. The presence of comprehensive policies, including conflict of interest and whistleblower protections, further supports its integrity and ethical standards. These strengths contribute to the trust placed in Virtua by its stakeholders and enhance its reputation in the nonprofit sector.
While the organization shows exemplary financial practices and accountability, the summary does not highlight any specific community impact metrics or program outcomes. This may be an area for potential improvement, as stakeholders often seek to understand the direct effects of nonprofit initiatives on the communities they serve.
This AI summary has been generated from information found on Charity Navigator.
Is Virtua Health And Rehabilitation Center At Mt Holly Inc legitimate?
Virtua Health And Rehabilitation Center At Mt Holly Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virtua Health And Rehabilitation Center At Mt Holly 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,238,469
For more financial information, click here
Official website here: www.virtua.org
What is the mission statement of Virtua Health And Rehabilitation Center At Mt Holly Inc?
The Virtua Health And Rehabilitation Center At Mt Holly Inc is committed to helping the community be well, get well, and stay well. Their mission is to provide each patient and their family with an outstanding healthcare experience and ensure the highest quality of care. The center is dedicated to equipping their healthcare team with necessary resources, technology, and opportunities for professional growth. The team offers around-the-clock care, primarily for geriatric patients in their 180-bed nursing facility, with a total of 10,335 patient days in 2022. A significant number of patients receive insurance through Medicaid programs, and reimbursement for these services is less than the cost. In April 2022, the facility was sold to an unrelated third party.
Official website here: www.virtua.org
Who is the CEO of Virtua Health And Rehabilitation Center At Mt Holly Inc?
Dennis W Pullin is the President/Ceo of Virtua Health And Rehabilitation Center At Mt Holly Inc. The CEO's salary of Virtua Health And Rehabilitation Center At Mt Holly Inc is $0 and their total compensation is $3,096,351.
Official website here: www.virtua.org
What is the revenue of Virtua Health And Rehabilitation Center At Mt Holly Inc?
Virtua Health And Rehabilitation Center At Mt Holly Inc's revenue in 2022 was $24,634,939.
Official website here: www.virtua.org
Who are the executives of Virtua Health And Rehabilitation Center At Mt Holly Inc and what are their salaries?
The average compensation at Virtua Health And Rehabilitation Center At Mt Holly Inc during 2022 was $15,438. There are 145 employees and 18 volunteers at Virtua Health And Rehabilitation Center At Mt Holly Inc.
Here are 24 key members and their salaries (Virtua Health And Rehabilitation Center At Mt Holly Inc's CEO's salary is $0 and their total compensation is $3,096,351):
- Compensation: $0
- Related: $3,045,242
- Other: $51,109
- Compensation: $0
- Related: $646,422
- Other: $53,560
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- Related: $1,175,768
- Other: $40,915
- Compensation: $0
- Related: $791,678
- Other: $40,884
- Compensation: $0
- Related: $438,310
- Other: $35,943
- Compensation: $144,808
- Related: $0
- Other: $13,723
Official website here: www.virtua.org
Where can I find the form 990 for Virtua Health And Rehabilitation Center At Mt Holly Inc?
Virtua Health And Rehabilitation Center At Mt Holly Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.virtua.org
Learn more at the official website: www.virtua.org
Mission Statement of Virtua Health And Rehabilitation Center At Mt Holly Inc
Virtua Health And Rehabilitation Center At Mt Holly Inc is a dedicated healthcare provider committed to helping the community be well, get well, and stay well. The organization's mission is to deliver an exceptional experience to every patient and their family, ensuring the highest quality of care. Virtua's team is provided with essential resources, technology, and opportunities for professional growth to offer outstanding healthcare services.
The nursing care provided at Virtua Health And Rehabilitation Center At Mt Holly Inc is available 24 hours a day, seven days a week, 365 days a year. The 180-bed nursing facility primarily caters to geriatric patients. In the year 2022, the facility recorded a total of 10,335 patient days. A significant number of patients at the center are covered under medical assistance programs, such as the State Administered Medicaid Program. Despite receiving reimbursement that is less than the cost of the services provided to these patients, Virtua remains committed to their care.
In the previous year, Virtua Health And Rehabilitation Center At Mt Holly Inc was sold to an unrelated third party. Despite this change in ownership, the center's mission to provide top-notch healthcare services and a remarkable patient experience remains unwavering. The dedicated team at Virtua continues to work around the clock to ensure the well-being of their patients and enable them to live their best lives.
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Impact
October, 2024
Virtua Health And Rehabilitation Center At Mt Holly Inc plays a crucial role in the community by providing essential nursing care 24/7 to primarily geriatric patients. With 180 beds, the facility significantly impacted the lives of its residents, demonstrated by the 10,335 patient days recorded in 2022. Its commitment to patient care ensures that elderly individuals receive the medical attention they require, especially those insured under state-administered Medicaid programs, despite the challenges of reimbursement rates that fall below the cost of services.
The center is dedicated not only to patient care but also to enhancing the overall healthcare experience for patients and their families. Virtua Health is focused on maintaining high-quality care standards while supporting its healthcare team with resources, technology, and training, fostering professional growth. This comprehensive approach not only aids in immediate healthcare needs but also contributes to the long-term well-being of the community, helping individuals to be well, get well, and stay well.
Through its mission, Virtua Health And Rehabilitation Center At Mt Holly Inc ensures that vulnerable members of the community receive the support they need, highlighting its essential impact on public health and wellness.
This information is meant to be a general summary of Virtua Health And Rehabilitation Center At Mt Holly 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: $20,130,274
- Program Service Revenue: $3,739,352
- Gross Receipts: $30,911,663
Assets and Liabilities:
- Total Assets: $1,263,234
- Total Liabilities: $211,359
- Net Assets: $1,051,875
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM AND BOARD
Revenue
$2,678,368
OCCUPATIONAL THERAPY
Revenue
$428,300
PHYSICAL THERAPY
Revenue
$362,593
LABORATORY
Revenue
$129,035
PHARMACY
Revenue
$82,874
Organization Details
Founding Year
1982
Phone
(856) 355-0620Principal Officer
Dennis W Pullin
Main Address
406 LIPPINCOTT DR SUITE J, MARLTON, NJ, 08053
Website
www.virtua.orgNTEE Category
Code: E910 - Health
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