Overview
What is Corry Memorial Hospital Association?
The Corry Memorial Hospital Association is a Pennsylvania-based, not-for-profit organization operating a critical access hospital in Corry. With 232 employees, the association provides essential medical care through a 20-bed acute care facility. Serving residents from northwestern Pennsylvania and southwestern New York, they offer inpatient, outpatient, and emergency services. The organization maintains records to monitor the charitable care they extend and is known as LECOM Health Corry Memorial Hospital. Their mission is to provide quality care with a commitment to excellence.
Official website here: www.corryhospital.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Corry Memorial Hospital Association has received a Two-Star out of Four Star rating from Charity Navigator, reflecting a need for improvement with an overall score of 66%. The organization demonstrates strong financial oversight, as indicated by perfect scores in areas like audit and oversight committees, material diversion of assets, and various policy implementations. However, the lack of independent board members and a concerning liabilities to assets ratio raise flags about governance and financial health.
Despite its strengths in transparency and policy adherence, the organization faces significant challenges in board independence and financial stability. The absence of independent board members and a poor liabilities to assets ratio suggest potential risks that could affect its long-term viability. Additionally, the nonprofit has not posted its tax forms on its website, which is an area for improvement in transparency.
Overall, while Corry Memorial Hospital Association shows commitment to financial accountability and has a solid program expense ratio, it must address governance issues and improve its financial position to enhance its rating and effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Corry Memorial Hospital Association legitimate?
Corry Memorial Hospital Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corry Memorial Hospital Association 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: $419,224
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,579,793
For more financial information, click here
Official website here: www.corryhospital.com
What is the mission statement of Corry Memorial Hospital Association?
The Corry Memorial Hospital Association is a non-profit organization dedicated to providing top-notch medical care. Based in Pennsylvania, they run a critical access hospital with 20 beds, offering inpatient, outpatient, and emergency services to residents in northwestern Pennsylvania and southwestern New York. The association is committed to maintaining records and monitoring the amount of charity care they provide. In essence, the Corry Memorial Hospital Association is a community of caregivers striving for excellence in healthcare delivery. Their mission is to ensure that individuals receive the necessary medical attention, regardless of their circumstances. The organization's unwavering commitment to quality care and dedication to the community is reflected in their daily operations.
Official website here: www.corryhospital.com
Who is the CEO of Corry Memorial Hospital Association?
John M Ferretti Do is the Chair, Lecom Ceo of Corry Memorial Hospital Association. The CEO's salary of Corry Memorial Hospital Association is $278,189 and their total compensation is $293,252.
Official website here: www.corryhospital.com
What is the revenue of Corry Memorial Hospital Association?
Corry Memorial Hospital Association's revenue in 2022 was $32,542,093.
Official website here: www.corryhospital.com
Who are the executives of Corry Memorial Hospital Association and what are their salaries?
The average compensation at Corry Memorial Hospital Association during 2022 was $51,720. There are 232 employees and 60 volunteers at Corry Memorial Hospital Association.
Here are 13 key members and their salaries (Corry Memorial Hospital Association's CEO's salary is $278,189 and their total compensation is $293,252):
- Compensation: $0
- Related: $1,113,801
- Other: $29,239
- Compensation: $0
- Related: $316,961
- Other: $34,354
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $664,228
- Other: $24,263
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $278,189
- Related: $0
- Other: $15,063
- Compensation: $104,870
- Related: $0
- Other: $21,102
- Compensation: $0
- Related: $285,044
- Other: $29,818
- Compensation: $115,992
- Related: $0
- Other: $12,745
- Compensation: $190,954
- Related: $0
- Other: $10,678
- Compensation: $105,623
- Related: $0
- Other: $12,067
- Compensation: $262,411
- Related: $0
- Other: $16,573
Official website here: www.corryhospital.com
Where can I find the form 990 for Corry Memorial Hospital Association?
Corry Memorial Hospital Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.corryhospital.com
Learn more at the official website: www.corryhospital.com
Mission Statement of Corry Memorial Hospital Association
Corry Memorial Hospital Association, a not-for-profit organization, is dedicated to providing top-notch inpatient, outpatient, and emergency care services to communities in northwestern Pennsylvania and southwestern New York. Committed to excellence, the association operates a 20-bed acute care facility that caters to the medical needs of residents in these regions. Corry Memorial Hospital Association's mission is driven by a team of caregivers who are deeply invested in the wellbeing of their patients.
Founded on the principles of compassion and healing, Corry Memorial Hospital Association strives to make a difference in people's lives. Its team of healthcare professionals works tirelessly to ensure that every patient receives the best possible care. The association's focus on quality and patient-centered care sets it apart, making it a trusted beacon of hope for those in need. Corry Memorial Hospital Association's meticulous record-keeping allows it to monitor and identify the extent of charity care it offers, underscoring its commitment to serving the community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Corry Memorial Hospital Association significantly impacts the community by providing essential inpatient and outpatient medical care to residents in northwestern Pennsylvania and southwestern New York. As a critical access hospital with a 20-bed acute care facility, it ensures access to emergency services, comprehensive healthcare, and specialized treatments tailored to the needs of the local population.
The hospital’s commitment to excellence is evident in its approach to patient care, fostering a community of caregivers dedicated to delivering high-quality health services. By maintaining detailed records to identify and monitor the level of charity care provided, Corry Memorial Hospital actively addresses healthcare disparities, ensuring that financial challenges do not prevent individuals from receiving necessary medical attention.
Overall, Corry Memorial Hospital Association plays a vital role in enhancing the health and wellbeing of its community, making quality healthcare accessible to all residents.
This information is meant to be a general summary of Corry Memorial Hospital Association. 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: $1,145,917
- Program Service Revenue: $27,055,347
- Gross Receipts: $32,542,093
Assets and Liabilities:
- Total Assets: $56,047,485
- Total Liabilities: $39,816,007
- Net Assets: $16,231,478
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENUE
Revenue
$27,055,347
Organization Details
Founding Year
1894
Phone
(814) 664-4641Principal Officer
John M Ferretti Do
Main Address
965 SHAMROCK LANE, CORRY, PA, 16407
Website
www.corryhospital.comNTEE Category
Code: E220 - Health
If you are a representative of Corry Memorial Hospital Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.