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Specialty Hospital Of Lorain

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 341902731 ✦ Amherst, OH ✦ Designated as a 501(c)(3)

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Overview

What is Specialty Hospital Of Lorain?

Specialty Hospital of Lorain is a 28-bed long-term acute care hospital (LTACH) situated in Amherst, Ohio. Its primary mission is to cater to the long-term healthcare needs of the citizens of Lorain County and its surrounding areas. This nonprofit organization is dedicated to providing a range of healthcare and healthcare-related services, aiming to improve and support the health of its community. The hospital employs a staff of 64 individuals, ensuring that it can deliver its services effectively and efficiently.


Official website here: www.specialtyhospitaloflorain.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)

Specialty Hospital Of Lorain receives a strong Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial health. The charity's overall score is solely based on its exemplary Accountability & Finance score of 96, which indicates robust management practices and transparency in its operations.

The organization showcases several strengths, including having 100% independent board members and a strong audit committee, which enhances its governance structure. Its financial health is highlighted by a program expense ratio of 80.23%, indicating that a significant portion of its expenses directly supports its mission-related programs.

There are no noted limitations or concerns in the data, suggesting that Specialty Hospital Of Lorain maintains a solid reputation in its financial stewardship and governance practices. This level of performance illustrates the organization's commitment to accountability and makes it a trustworthy choice for donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Specialty Hospital Of Lorain?

94% of 56 reviewers on Facebook recommend the Specialty Hospital of Lorain. Here’s a concise look at their experiences:

Many users express high satisfaction with the hospital's services, especially in relation to events hosted there. One reviewer highlighted the successful execution of a fundraiser, praising the exceptional coordination and attention to detail provided by staff, such as Lucy, who went above and beyond to ensure everything was perfect. The quality of food and the elegant setup of the venue also received commendations.

Overall, the sentiments lean positively, indicating that the Specialty Hospital of Lorain not only meets but exceeds expectations, particularly for those organizing events. The commitment to quality service and customer satisfaction shines through in the feedback provided.


This AI summary has been generated from reviews found on Facebook.

Is Specialty Hospital Of Lorain legitimate?

Specialty Hospital Of Lorain is a legitimate nonprofit organization registered as a 501(c)(3) entity. Specialty Hospital Of Lorain 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: $1,994,816

For more financial information, click here


Official website here: www.specialtyhospitaloflorain.org

What is the mission statement of Specialty Hospital Of Lorain?

The Specialty Hospital of Lorain is committed to providing healthcare and related services. Their mission extends to constructing, managing, and operating hospitals or facilities that cater to various healthcare needs. The hospital primarily focuses on providing long-term healthcare services, specifically for patients requiring long-term care, serving the citizens of Lorain County, Ohio, and its surrounding areas.


Official website here: www.specialtyhospitaloflorain.org

Who is the CEO of Specialty Hospital Of Lorain?

Michelle Hennis is the Trustee of Specialty Hospital Of Lorain. The CEO's salary of Specialty Hospital Of Lorain is $0 and their total compensation is $0.


Official website here: www.specialtyhospitaloflorain.org

What is the revenue of Specialty Hospital Of Lorain?

Specialty Hospital Of Lorain's revenue in 2022 was $6,879,099.


Official website here: www.specialtyhospitaloflorain.org

Who are the executives of Specialty Hospital Of Lorain and what are their salaries?

The average compensation at Specialty Hospital Of Lorain during 2022 was $31,169. There are 64 employees and 5 volunteers at Specialty Hospital Of Lorain.


Here are 8 key members and their salaries (Specialty Hospital Of Lorain's CEO's salary is $0 and their total compensation is $0):


Sue Bowers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Dennison (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Harford (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Close (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Corcoran (Trustee (Term 7/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Ison (Cno/Cco)
  • Compensation: $90,361
  • Related: $0
  • Other: $23,479
Michelle Hennis (Interim President & Ceo/Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vernita Mahone-Marn (Clinical Rn)
  • Compensation: $109,468
  • Related: $0
  • Other: $9,231


Official website here: www.specialtyhospitaloflorain.org

Where can I find the form 990 for Specialty Hospital Of Lorain?

Specialty Hospital Of Lorain's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.specialtyhospitaloflorain.org

Learn more at the official website: www.specialtyhospitaloflorain.org

Mission Statement of Specialty Hospital Of Lorain

Specialty Hospital of Lorain, as a healthcare institution, is committed to providing a wide array of healthcare-related services and activities. Their mission encompasses creating, constructing, acquiring, owning, managing, operating, controlling, or maintaining hospitals or other facilities, institutions, programs, or foundations for the delivery of healthcare services. In essence, the hospital's primary purpose is to cater to the health needs of its population by offering long-term healthcare services through its long-term care facilities.

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Impact




October, 2024

Specialty Hospital of Lorain significantly impacts the community by providing essential long-term acute care services to residents of Lorain County and the surrounding area. As a 28-bed facility, it addresses the needs of patients requiring prolonged care, filling a crucial gap in the healthcare system for individuals who need ongoing treatment and recovery support.

By focusing on long-term healthcare services, the hospital enhances the quality of life for patients with complex medical needs, ensuring they receive the specialized attention necessary for their recovery. The facility's commitment to healthcare-related services not only aids in patient rehabilitation but also alleviates pressure on other local healthcare providers, allowing them to better serve their patient populations.

Additionally, Specialty Hospital of Lorain plays a vital role in promoting community health by offering tailored care and facilitating access to crucial medical resources. Its presence helps foster a healthier community, providing families with the support and resources they need during challenging times in their healthcare journeys. Overall, the hospital's dedication to long-term care establishes it as an integral part of the local healthcare landscape, ultimately contributing to the wellbeing of the people it serves.




This information is meant to be a general summary of Specialty Hospital Of Lorain. 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.

Revenue
$6,879,099 (2022)
Expenses
$6,835,764 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,389
  • Program Service Revenue: $6,786,045
  • Gross Receipts: $6,879,099

Assets and Liabilities:

  • Total Assets: $2,831,990
  • Total Liabilities: $1,395,497
  • Net Assets: $1,436,493

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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

$6,734,763

OHA INCENTIVE PROGRAM

Revenue

$51,282

Organization Details

Founding Year

1998

Principal Officer

Michelle Hennis

Main Address

254 CLEVELAND AVENUE, AMHERST, OH, 44001

NTEE Category

Code: E20 - Health

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