Overview
What is Fairfield Memorial Hospital Association?
Fairfield Memorial Hospital Association is a not-for-profit community hospital based in Fairfield, Illinois. Established with the goal of advancing the health of Wayne County and surrounding communities, the hospital operates a rural healthcare facility with 25 acute care beds and 30 skilled care beds. In 2008, they opened an outpatient physician clinic to expand their services. Fairfield Memorial Hospital provides quality medical care to everyone, regardless of race, creed, sex, national origin, handicap, age, or ability to pay. Reimbursement for services is crucial, but the hospital acknowledges that not all individuals can afford essential medical services. Therefore, they offer free care, subsidized care, and services for those covered by governmental programs at reduced costs. The hospital's community benefits are measured through direct patient care, screenings, education, fundraising, and community service efforts. With a total of 446 employees, they continue their mission to maintain and improve the health of the communities they serve.
Official website here: www.fairfieldmemorial.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 92%, Four-Star out of Four Star rating.
Fairfield Memorial Hospital Association has achieved a commendable 92% score, reflecting strong accountability and financial health. The organization boasts a fully independent board, which ensures unbiased governance, and has received top marks for its financial oversight. With a solid program expense ratio of 87.15%, the majority of its resources are directed toward fulfilling its mission.
The organization also has effective policies in place, including a conflict of interest policy and a whistleblower policy, both of which have received full scores. Additionally, their practices around document retention and board meeting transparency demonstrate a commitment to accountability. However, there is room for improvement in the liabilities to assets ratio, which stands at 55.14%, indicating a moderate level of debt relative to its assets.
Overall, Fairfield Memorial Hospital Association appears to operate with high standards of governance and financial integrity, making it a trustworthy organization for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Fairfield Memorial Hospital Association legitimate?
Fairfield Memorial Hospital Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fairfield 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: $767,672
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,452,815
For more financial information, click here
Official website here: www.fairfieldmemorial.org
What is the mission statement of Fairfield Memorial Hospital Association?
Fairfield Memorial Hospital Association is a not-for-profit community hospital dedicated to improving the health of the populations it serves. As a charitable organization, it provides medical healthcare services to individuals regardless of their race, creed, sex, national origin, handicap, age, or ability to pay. The hospital operates a rural healthcare facility with acute care and skilled care beds, as well as an outpatient physician clinic. In keeping with its commitment to serve all members of the community, Fairfield Memorial Hospital offers free care and subsidized care, as well as services to persons covered by governmental programs like Medicare and Medicaid. Charity care is provided through the hospital's internal policy. The hospital's community benefits include direct patient care, screenings, education, fundraising, and community service efforts.
Official website here: www.fairfieldmemorial.org
Who is the CEO of Fairfield Memorial Hospital Association?
Katherine Bunting is the Ceo of Fairfield Memorial Hospital Association. The CEO's salary of Fairfield Memorial Hospital Association is $313,702 and their total compensation is $327,823.
Official website here: www.fairfieldmemorial.org
What is the revenue of Fairfield Memorial Hospital Association?
Fairfield Memorial Hospital Association's revenue in 2022 was $48,296,657.
Official website here: www.fairfieldmemorial.org
Who are the executives of Fairfield Memorial Hospital Association and what are their salaries?
The average compensation at Fairfield Memorial Hospital Association during 2022 was $40,853. There are 446 employees and 69 volunteers at Fairfield Memorial Hospital Association.
Here are 20 key members and their salaries (Fairfield Memorial Hospital Association's CEO's salary is $313,702 and their total compensation is $327,823):
- Compensation: $362,890
- Related: $0
- Other: $20,513
- Compensation: $335,460
- Related: $0
- Other: $20,148
- Compensation: $313,702
- Related: $0
- Other: $14,121
- Compensation: $287,529
- Related: $0
- Other: $28,224
- Compensation: $261,123
- Related: $0
- Other: $19,462
- Compensation: $251,818
- Related: $0
- Other: $10,770
- Compensation: $132,089
- Related: $0
- Other: $9,292
- Compensation: $124,689
- Related: $0
- Other: $15,228
- Compensation: $130,093
- Related: $0
- Other: $9,071
- Compensation: $78,852
- Related: $0
- Other: $1,399
- 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: $0
- Other: $0
Official website here: www.fairfieldmemorial.org
Where can I find the form 990 for Fairfield Memorial Hospital Association?
Fairfield Memorial Hospital Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fairfieldmemorial.org
Learn more at the official website: www.fairfieldmemorial.org
Mission Statement of Fairfield Memorial Hospital Association
Fairfield Memorial Hospital Association, a not-for-profit community hospital, dedicates its mission to enhancing the health and wellbeing of the populations it serves. The organization, which runs a rural healthcare facility with 25 acute care beds and 30 skilled care beds, provides essential medical services to individuals regardless of their race, creed, sex, national origin, handicap, age, or ability to pay. Though reimbursement for services rendered plays a crucial role in the hospital's operation, Fairfield Memorial prioritizes serving all members of the community.
In keeping with its commitment to serve, the hospital offers free or subsidized care to those in need, care to persons covered by governmental programs at below cost, and health activities and programs to support the community. The hospital's community benefits are measured through various means, including direct patient care, screenings, education, fundraising, and community service efforts. Fairfield Memorial also caters to both Medicare and Medicaid patients, and extends charity care through its internal policy. The hospital's mission is centered around maintaining and improving the health of the communities it serves.
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
Fairfield Memorial Hospital Association plays a significant role in enhancing the health and well-being of the communities in and around Wayne County, Illinois. By operating a rural healthcare facility with 25 acute care beds and 30 skilled care beds, the hospital addresses the essential medical needs of its local population. The opening of an outpatient physician clinic in 2008 expanded access to timely healthcare services.
The hospital is dedicated to providing quality care without discrimination, ensuring that all individuals, regardless of race, creed, gender, national origin, disability, age, or ability to pay, receive necessary medical attention. Recognizing that many residents face financial challenges, Fairfield Memorial actively offers free or subsidized care to those in need. This commitment ensures that even the most vulnerable populations can access critical health services.
The community impact of Fairfield Memorial is multifaceted. It not only delivers direct patient care but also engages in health screenings, education initiatives, and fundraising activities that promote public health. Additionally, the hospital extends its services to individuals covered by government programs, including Medicare and Medicaid, further indicating its role as a vital health partner in the region.
Through its various programs and patient care initiatives, Fairfield Memorial Hospital Association significantly contributes to maintaining and improving the overall health of the communities it serves, directly influencing health outcomes and fostering a healthier population.
This information is meant to be a general summary of Fairfield 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: $52,981
- Program Service Revenue: $43,986,120
- Gross Receipts: $48,296,657
Assets and Liabilities:
- Total Assets: $57,270,866
- Total Liabilities: $28,249,079
- Net Assets: $29,021,787
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.
NET PATIENT REVENUE
Revenue
$43,986,120
Organization Details
Founding Year
1948
Phone
(616) 842-2611Principal Officer
Katherine Bunting
Main Address
303 NW 11TH STREET, FAIRFIELD, IL, 62837
Website
www.fairfieldmemorial.orgNTEE Category
Code: E22Z - Health
If you are a representative of Fairfield 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.