Overview
What is Faulkton Area Medical Center?
Faulkton Area Medical Center (FAMC) is a vital healthcare provider situated in Faulkton, South Dakota. As a nonprofit entity, FAMC operates a 12-bed Critical Access Hospital and a Rural Health Clinic, catering to the medical needs of Faulk County. In the fiscal year 2022, the facility handled 150 acute admissions, 59 swingbed admissions, and provided care for 422 and 477 patient days, respectively, through its hospital and swingbed services. The Rural Health Clinic recorded an impressive 6,059 clinic visits during the same period. FAMC's mission is to offer a comprehensive range of healthcare services, ranging from clinic and outpatient care to emergency services, routine inpatient care, skilled and intermediate swing-bed services. The center is committed to delivering the most appropriate level of healthcare to its community using the available resources, ensuring the well-being of its population. It currently employs 99 individuals, further bolstering its capacity to serve the medical needs of the area.
Official website here: www.faulktonmedical.org
What are the reviews and ratings of this charity?
Faulkton Area Medical Center has received a commendable rating of 98% from Charity Navigator, earning it a Four-Star out of Four Star rating. This high score reflects the organization's strong performance in Accountability & Finance, indicating a commitment to transparency and effective management of resources. The organization demonstrates exemplary independence on its board, with a majority of members being independent, contributing to its overall governance strength.
The strong financial metrics highlight Faulkton Area Medical Center’s operational efficiency, with a significant portion of its expenses directed towards programs. Additionally, they have well-documented policies in place for conflict of interest, whistleblowing, and document retention, which further reinforces their commitment to accountability. However, it is worth noting that certain areas, such as Impact & Measurement and Culture & Community, have not yet been scored, leaving some aspects of the organization unassessed.
Unfortunately, user reviews from GreatNonprofits were not available for this organization. Nonetheless, the robust rating from Charity Navigator provides a solid foundation for the nonprofit's credibility and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Faulkton Area Medical Center legitimate?
Faulkton Area Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faulkton Area Medical Center 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: $646,928
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,032,655
For more financial information, click here
Official website here: www.faulktonmedical.org
What is the mission statement of Faulkton Area Medical Center?
The Faulkton Area Medical Center (FAMC) is committed to providing a range of healthcare services to meet the needs of its community. Their mission is to deliver appropriate healthcare on various levels, including clinic and outpatient/outreach care, emergency care, routine inpatient care, skilled swing-bed, and intermediate swing-bed. Dedicated to serving the medical needs of the community with the resources available to the facility, FAMC strives to offer the best possible healthcare services. In fiscal year 2022, FAMC had 150 acute admissions and 59 swingbed admissions, with a total of 422 and 477 patient days, respectively. Additionally, the FAMC rural health clinic saw 6,059 clinic visits during the same period.
Official website here: www.faulktonmedical.org
Who is the CEO of Faulkton Area Medical Center?
Heather Bode is the CEO of Faulkton Area Medical Center The CEO's salary of Faulkton Area Medical Center is $167,478 and their total compensation is $178,115.
Official website here: www.faulktonmedical.org
What is the revenue of Faulkton Area Medical Center?
Faulkton Area Medical Center's revenue in 2023 was $11,431,178.
Official website here: www.faulktonmedical.org
Who are the executives of Faulkton Area Medical Center and what are their salaries?
The average compensation at Faulkton Area Medical Center during 2023 was $59,162. There are 96 employees and 9 volunteers at Faulkton Area Medical Center.
Here are 17 key members and their salaries (Faulkton Area Medical Center's CEO's salary is $167,478 and their total compensation is $178,115):
- Compensation: $249,739
- Related: $0
- Other: $60,413
- 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: $167,478
- Related: $0
- Other: $10,637
- Compensation: $142,470
- Related: $0
- Other: $23,497
- Compensation: $148,910
- Related: $0
- Other: $48,278
- Compensation: $144,606
- Related: $0
- Other: $23,786
- Compensation: $163,219
- Related: $0
- Other: $11,600
- Compensation: $128,884
- Related: $0
- Other: $23,643
- Compensation: $126,036
- Related: $0
- Other: $22,577
Official website here: www.faulktonmedical.org
Where can I find the form 990 for Faulkton Area Medical Center?
Faulkton Area Medical Center's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.faulktonmedical.org
Learn more at the official website: www.faulktonmedical.org
Mission Statement of Faulkton Area Medical Center
Faulkton Area Medical Center (FAMC) is committed to delivering appropriate healthcare services across various levels, spanning from clinic and outpatient/outreach care, emergency care, routine inpatient care, skilled swing-bed, and intermediate swing-bed. The primary goal of FAMC is to serve the medical needs of its community effectively using the resources it has at its disposal. The medical center operates a 12-bed critical access hospital and a rural health clinic, demonstrating its commitment to providing comprehensive healthcare services. In fiscal year 2022, FAMC admitted 150 acute patients and 59 swing-bed patients, totalling 422 and 477 patient days, respectively, in the acute and swing-bed wards, respectively. Additionally, the rural health clinic reported 6,059 clinic visits during the same period, underscoring its dedication to serving the community's healthcare needs.
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Impact
October, 2024
Faulkton Area Medical Center (FAMC) plays a vital role in ensuring the health and well-being of the community in Faulk County, South Dakota. Operating a 12-bed critical access hospital and a rural health clinic, FAMC serves as a crucial healthcare resource for the local population. In fiscal year 2022, the facility recorded 150 acute admissions and 59 swing-bed admissions, along with 422 and 477 patient days, respectively. The rural health clinic alone facilitated 6,059 visits, demonstrating its accessibility and importance to residents seeking medical care.
FAMC's mission is to offer a comprehensive range of healthcare services, including emergency care, routine inpatient care, skilled swing-bed, and outreach services. By providing these essential services, FAMC not only addresses immediate health needs but also supports ongoing wellness within the community. The center's commitment to best serving the medical needs of Faulkton ensures that residents have access to quality healthcare, enhancing the overall public health landscape of the area.
This information is meant to be a general summary of Faulkton Area Medical Center. 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 2023.
- Investment Income: $21,444
- Program Service Revenue: $11,364,803
- Gross Receipts: $11,431,178
Assets and Liabilities:
- Total Assets: $13,290,338
- Total Liabilities: $7,030,639
- Net Assets: $6,259,699
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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
$11,312,028
Organization Details
Founding Year
1952
Principal Officer
Heather Bode
Website
www.faulktonmedical.orgNTEE Category
Code: E22 - Health
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