Overview
What is Salem Community Hospital?
Salem Community Hospital, also known as Salem Regional Medical Center (SRMC), is an 87-bed, not-for-profit healthcare facility located in Salem, Ohio. With a staff of 812 employees, SRMC offers a comprehensive range of medical services to the residents of Columbiana and southern Mahoning counties. The mission of SRMC is to serve, care, and heal, providing inpatient and outpatient care, orthopedics, intensive care, and a full-time 24-hour emergency department. The Hospital is committed to ensuring high-quality care for all, irrespective of financial means or ability to pay. During fiscal year 2022, SRMC served 2,454 admissions, 2,632 surgeries, and 19,620 emergency department visits. Charitable support was also provided to patients in need, totaling $488,301. In addition to these services, SRMC incurred unpaid costs of the Medicaid program amounting to $3,374,758 and unreimbursed costs from other governmental programs totaling $1,870,067. These community benefits help alleviate governmental financial and programmatic burdens.
Official website here: www.salemregional.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Salem Community Hospital has earned an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. With an overall score derived entirely from its accountability and finance metrics, the organization demonstrates robust governance practices, including a board comprised of 88% independent members and a well-documented conflict of interest policy.
The hospital shows a high level of financial transparency, as evidenced by its perfect scores in areas such as financial statements and audit oversight. Additionally, the organization maintains a low liabilities-to-assets ratio of 26.27%, indicating solid financial stability. A significant portion of its expenses, 86.31%, is directed toward programs, illustrating that the majority of its funding is utilized effectively for its mission.
While the organization excels in various operational aspects, the data suggests no notable limitations in its governance or financial practices. Overall, Salem Community Hospital is recognized for its exemplary standards in accountability and finance, making it a trustworthy entity in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Salem Community Hospital legitimate?
Salem Community Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salem Community 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: $1,102,860
Professional Fundraising Fees: $0
Other Salaries and Wages: $30,373,372
For more financial information, click here
Official website here: www.salemregional.com
What is the mission statement of Salem Community Hospital?
Salem Regional Medical Center, a not-for-profit rural hospital, is committed to serving its community by providing high-quality medical care to all, regardless of their financial means. Its mission, "To Serve. To Care. To Heal.", reflects its dedication to delivering comprehensive healthcare services, encompassing diagnostic, inpatient, outpatient, and emergency care. The hospital aims to meet the diverse healthcare needs of its population and ensure accessibility to primary and specialty physician services. Despite being a community-based facility, it strives to offer a broad range of healthcare services appropriate for a hospital of its size. The team at Salem Community Hospital is steadfast in their mission to serve, care for, and heal their patients throughout various stages of life.
Official website here: www.salemregional.com
Who is the CEO of Salem Community Hospital?
Dr Anita Hackstedde Md is the President/Ceo of Salem Community Hospital. The CEO's salary of Salem Community Hospital is $436,963 and their total compensation is $469,221.
Official website here: www.salemregional.com
What is the revenue of Salem Community Hospital?
Salem Community Hospital's revenue in 2022 was $130,117,128.
Official website here: www.salemregional.com
Who are the executives of Salem Community Hospital and what are their salaries?
The average compensation at Salem Community Hospital during 2022 was $38,764. There are 812 employees and 50 volunteers at Salem Community Hospital.
Here are 26 key members and their salaries (Salem Community Hospital's CEO's salary is $436,963 and their total compensation is $469,221):
- Compensation: $436,963
- Related: $0
- Other: $32,258
- Compensation: $20,000
- Related: $284,785
- Other: $11,926
- Compensation: $222,117
- Related: $0
- Other: $31,444
- Compensation: $171,965
- Related: $0
- Other: $17,108
- Compensation: $146,062
- Related: $0
- Other: $38,878
- Compensation: $150,243
- Related: $0
- Other: $26,157
- Compensation: $132,035
- Related: $0
- Other: $27,777
- Compensation: $124,905
- Related: $0
- Other: $33,453
- Compensation: $126,530
- Related: $0
- Other: $17,021
- Compensation: $129,779
- Related: $0
- Other: $11,099
- Compensation: $8,500
- Related: $0
- Other: $0
- Compensation: $2,000
- Related: $0
- Other: $0
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Official website here: www.salemregional.com
Where can I find the form 990 for Salem Community Hospital?
Salem Community Hospital's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.salemregional.com
Learn more at the official website: www.salemregional.com
Mission Statement of Salem Community Hospital
Salem Community Hospital, a not-for-profit rural facility, is dedicated to serving the residents of Columbiana and southern Mahoning counties with a continuum of medical services. With a mission to "To Serve. To Care. To Heal," the hospital goes above and beyond to provide high-quality care on both an inpatient and outpatient basis.
The hospital's commitment extends to addressing patients' healthcare needs at every life stage, utilizing the resources available to them. Salem Community Hospital offers a range of diagnostic, inpatient, outpatient, and emergency services suitable for a community-based hospital. They ensure that sufficient primary and specialty physician services are accessible to the population they serve.
Salem Community Hospital stands out for its unwavering commitment to treating all patients, regardless of their financial means or background. The hospital provides essential medical care to uninsured and underinsured individuals, free of charge or on a sliding scale, ensuring equitable access to healthcare for all. This compassionate approach aligns with the hospital's mission to serve the community and prioritize the health and wellbeing of its residents.
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Impact
October, 2024
Salem Community Hospital profoundly impacts the local communities of Columbiana and southern Mahoning counties by providing essential healthcare services tailored to the needs of its residents. Operating as Salem Regional Medical Center (SRMC), this 87-bed facility delivers a comprehensive range of medical services, including inpatient and outpatient care, surgical procedures, orthopedics, and intensive care.
In fiscal year 2022 alone, SRMC accounted for 2,454 admissions, 2,632 surgeries, and 19,620 visits to its 24-hour Emergency Department. This commitment to accessible medical care encompasses all patients, regardless of their financial status. The hospital’s policy to treat individuals irrespective of their ability to pay ensures that critical health services are available to everyone in the community.
Moreover, SRMC stands out in its provision of charitable support, spending $488,301 to assist patients in need. It also incurs significant costs related to unpaid Medicaid and other governmental programs, demonstrating its role in alleviating financial and programmatic burdens on the healthcare system. The hospital's mission, "To Serve. To Care. To Heal," is not just a tagline but a reflection of its dedication to delivering high-quality care across all life stages. By ensuring that a broad spectrum of diagnostic, inpatient, outpatient, and emergency services is accessible, Salem Community Hospital plays a vital role in the overall health and well-being of the communities it serves.
This information is meant to be a general summary of Salem Community 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: $9,917,843
- Program Service Revenue: $115,584,992
- Gross Receipts: $130,177,060
Assets and Liabilities:
- Total Assets: $285,034,235
- Total Liabilities: $80,558,856
- Net Assets: $204,475,379
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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
$113,598,947
Outside Lab Revenue
Revenue
$50,402
Durable Medical Equip Revenue
Revenue
$1,668,379
Affiliated Exempt Organization Rent
Revenue
$267,264
Organization Details
Founding Year
1913
Phone
(330) 332-7214Principal Officer
Dr Anita Hackstedde Md
Main Address
1995 East State Street, Salem, OH, 44460
Website
www.salemregional.comNTEE Category
Code: E220 - Health
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