Overview
What is Madison County Hospital Inc?
Madison County Hospital Inc, located at 210 North Main Street, London, Ohio 43140, is a nonprofit organization dedicated to the stewardship of investments and assets. This stewardship is in support of the exempt purpose of Madison County Community Hospital, a 501(c)(3) entity. The mission of Madison County Hospital Inc is to manage the assets of Madison County Community Hospital and make strategic investments, contributing to the overall exempt purpose of the hospital. While the specific activities or services provided by the hospital are not detailed in the information, it can be inferred that they contribute to the wellbeing and healthcare needs of the community.
Official website here: www.madison-health.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Madison County Hospital Inc has received a two-star rating from Charity Navigator, indicating a need for improvement, with an overall score of 69%. The organization demonstrates strengths in having a fully independent board and a strong program expense ratio, which suggests effective allocation of resources towards its mission. The presence of an audit and oversight committee further supports its financial accountability.
However, the nonprofit faces significant challenges, particularly in governance and transparency. Key policies such as conflict of interest, whistleblower, and document retention and destruction are missing, which raises concerns about ethical practices and oversight. Additionally, the organization struggles with a high liabilities to assets ratio, pointing to potential financial stability issues.
Overall, while Madison County Hospital Inc shows promise in some areas, its governance and financial management practices require substantial attention. Stakeholders may want to advocate for improvements in these areas to enhance the organization's overall effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Madison County Hospital Inc legitimate?
Madison County Hospital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison County 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.madison-health.com
What is the mission statement of Madison County Hospital Inc?
Madison County Hospital Inc's mission is centered around managing the investments and assets of a local healthcare facility, Madison County Community Hospital, with the primary aim of furthering the exempt purposes of the hospital. This non-profit entity, recognized as a 501(c)(3), diligently invests its resources to support and advance the exempt objectives of the hospital, ultimately contributing to the betterment of the healthcare services provided to the community.
Official website here: www.madison-health.com
Who is the CEO of Madison County Hospital Inc?
Dana E Engle is the Chair of Madison County Hospital Inc. The CEO's salary of Madison County Hospital Inc is $0 and their total compensation is $579,346.
Official website here: www.madison-health.com
What is the revenue of Madison County Hospital Inc?
Madison County Hospital Inc's revenue in 2022 was $2,754,741.
Official website here: www.madison-health.com
Who are the executives of Madison County Hospital Inc and what are their salaries?
Here are 11 key members and their salaries (Madison County Hospital Inc's CEO's salary is $0 and their total compensation is $579,346):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $512,768
- Other: $66,578
- Compensation: $0
- Related: $317,254
- Other: $19,316
Official website here: www.madison-health.com
Where can I find the form 990 for Madison County Hospital Inc?
Madison County Hospital Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.madison-health.com
Learn more at the official website: www.madison-health.com
Mission Statement of Madison County Hospital Inc
Madison County Hospital Inc, as a 501(C)(3) entity, is dedicated to managing the assets of the Madison County Community Hospital (MCCH), known as Madison Health, with the purpose of advancing the exempt objectives of the hospital. The organization's mission involves making strategic investments to further the charitable goals of the hospital. In essence, Madison County Hospital Inc serves as a steward, ensuring the prudent use of its resources to support the mission of the Madison County Community Hospital.
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
Madison County Hospital Inc plays a crucial role in optimizing healthcare services within the community by effectively managing the investments and assets of the Madison County Community Hospital. This stewardship ensures that resources are utilized efficiently to enhance the hospital's capacity to provide quality care and meet the health needs of the local population in London, Ohio.
By overseeing the financial health and asset management of Madison Health, Madison County Hospital Inc contributes to the hospital's ability to invest in essential services, technology, and facilities. This, in turn, empowers the hospital to maintain its commitment to delivering comprehensive healthcare and improving the overall well-being of the community it serves. The organization's focus on aligning its financial strategies with the health mission fosters a sustainable healthcare environment that prioritizes patient care and community health initiatives.
This information is meant to be a general summary of Madison County 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: $455,385
- Program Service Revenue: $2,299,356
- Gross Receipts: $3,543,160
Assets and Liabilities:
- Total Assets: $39,161,769
- Total Liabilities: $35,619,114
- Net Assets: $3,542,655
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.
AFFILIATE RENTALS
Revenue
$2,299,356
Organization Details
Founding Year
1975
Phone
(740) 845-7015Principal Officer
Dana E Engle
Main Address
210 NORTH MAIN STREET, LONDON, OH, 43140
Website
www.madison-health.comNTEE Category
Code: E220 - Health
If you are a representative of Madison County Hospital Inc 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.