Overview
What is Richland Memorial Hospital?
Richland Memorial Hospital, Inc., doing business as Carle Richland Memorial Hospital (RMH), is a tax-exempt Illinois not-for-profit corporation located in Olney, IL. Established to operate a hospital and conduct patient care activities, RMH is a 104-bed facility that provides a range of ancillary and support services. The hospital, which recorded 10,386 patient days in 2022, is fully accredited and has an emergent stroke ready designation, a level II nursery designation, and is a clinical hub site for Southern Illinois University Physician Assistant Program. RMH offers healthcare services regardless of race, creed, gender, national origin, disability, age, or ability to pay. In addition to the hospital, the organization operates three rural health clinics and provides services through professional services, an apothecary shoppe, and financial assistance programs. Its mission is to serve the community with respect in providing healthcare services and healthcare education.
Official website here: www.carle.org/locations/carle-richland-memorial-hospital
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating from Charity Navigator)
Richland Memorial Hospital has received a high rating of 95%, reflecting its strong accountability and financial practices. The organization demonstrates a commitment to transparency, with a fully independent board and comprehensive oversight mechanisms in place. It has notably achieved full points in various metrics, including its conflict of interest and whistleblower policies, showcasing a robust governance structure.
The hospital's financial health is further illustrated by its favorable liabilities to assets ratio of 51.22% and a program expense ratio of 81.45%. These figures indicate that a significant portion of its resources is dedicated to programs rather than administrative costs, which is a positive sign for donors and stakeholders looking for impactful contributions.
While the overall rating is commendable, the summary does not highlight any specific limitations or areas for improvement. This suggests that Richland Memorial Hospital is managing its resources and governance effectively, making it a reliable choice for those interested in supporting healthcare initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Richland Memorial Hospital legitimate?
Richland Memorial Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richland Memorial 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,736,175
For more financial information, click here
Official website here: www.carle.org/locations/carle-richland-memorial-hospital
What is the mission statement of Richland Memorial Hospital?
Richland Memorial Hospital is dedicated to providing excellent healthcare, promoting wellness, and educating patients, staff, and the community. As a not-for-profit Illinois corporation, it operates a hospital and conducts patient care activities. The hospital, with 104 beds, records approximately 1,200 annual patient admissions and provides a range of ancillary and support services. In addition to the hospital, it runs three rural health clinics offering various medical services. The hospital's mission extends beyond providing healthcare to offering free care to qualified individuals and discounted care to those covered by governmental programs or commercial insurance. It also provides community health activities and programs to support and educate the population. Despite relying on reimbursements, the hospital serves its community regardless of financial ability.
Official website here: www.carle.org/locations/carle-richland-memorial-hospital
Who is the CEO of Richland Memorial Hospital?
Unavailable The CEO's salary of Richland Memorial Hospital is $0 and their total compensation is $2,801,918.
Official website here: www.carle.org/locations/carle-richland-memorial-hospital
What is the revenue of Richland Memorial Hospital?
Richland Memorial Hospital's revenue in 2022 was $62,829,384.
Official website here: www.carle.org/locations/carle-richland-memorial-hospital
Who are the executives of Richland Memorial Hospital and what are their salaries?
The average compensation at Richland Memorial Hospital during 2022 was $66,541. There are 507 employees and 54 volunteers at Richland Memorial Hospital.
Here are 27 key members and their salaries (Richland Memorial Hospital's CEO's salary is $0 and their total compensation is $2,801,918):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,363,262
- Other: $394,190
- 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: $492,079
- Related: $0
- Other: $53,171
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $456,156
- Other: $89,543
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,286,099
- Other: $414,800
- Compensation: $0
- Related: $2,140,109
- Other: $661,809
- Compensation: $0
- Related: $274,210
- Other: $66,893
- Compensation: $0
- Related: $623,336
- Other: $63,263
- Compensation: $0
- Related: $772,322
- Other: $228,747
- Compensation: $0
- Related: $281,961
- Other: $73,600
- Compensation: $0
- Related: $498,065
- Other: $49,931
- Compensation: $275,825
- Related: $0
- Other: $49,335
- Compensation: $163,562
- Related: $0
- Other: $13,512
- Compensation: $298,367
- Related: $0
- Other: $49,414
- Compensation: $283,968
- Related: $0
- Other: $51,636
- Compensation: $280,568
- Related: $0
- Other: $50,832
- Compensation: $0
- Related: $162,492
- Other: $0
Official website here: www.carle.org/locations/carle-richland-memorial-hospital
Where can I find the form 990 for Richland Memorial Hospital?
Richland Memorial Hospital's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.carle.org/locations/carle-richland-memorial-hospital
Learn more at the official website: www.carle.org/locations/carle-richland-memorial-hospital
Mission Statement of Richland Memorial Hospital
Richland Memorial Hospital, a not-for-profit Illinois corporation, is committed to providing excellent healthcare, promoting wellness, and educating patients, staff, and the community. With a 104-bed capacity, the hospital offers a range of ancillary and support services, admitting approximately 1,200 patients annually. Richland is fully accredited by the Healthcare Facilities Accreditation Program (HFAP), boasts an emergent stroke ready designation and a level II nursery designation, and serves as a clinical hub site for Southern Illinois University Physician Assistant Program.
Beyond its hospital facilities, Richland has three rural health clinics: Carle Bridgeport, Carle Olney, and Carle West Salem. These clinics offer a variety of services, including audiology and hearing, behavioral health, cardiovascular medicine, family medicine, midwifery, orthopedics, and otolaryngology (ENT). Richland's mission extends beyond medical care, providing services under RMH Professional Services, The Apothecary Shoppe, and other departments.
Richland Memorial Hospital prides itself on serving its community with respect, regardless of race, creed, gender, national origin, disability, age, or ability to pay. The organization recognizes that not all individuals possess the means to purchase essential medical services. To that end, it offers free care to qualified individuals under the RMH Financial Assistance Program, care to persons covered by governmental programs at below cost, and health activities and programs to support and educate the community. The hospital's dedication to these services is integral to its mission to provide healthcare services and healthcare education to all members of the community.
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
Richland Memorial Hospital (RMH) plays a crucial role in the health and wellness of the Olney, Illinois community. With a capacity of 104 beds, the hospital admits around 1,200 patients annually and recorded over 10,000 patient days in 2022. It offers a wide range of services, including emergency care, family medicine, behavioral health, orthopedics, and more, ensuring comprehensive healthcare support.
The hospital's commitment to excellence is underscored by its full accreditation from the Healthcare Facilities Accreditation Program and its emergent stroke-ready designation. RMH also operates three rural health clinics, expanding access to vital medical services for residents in surrounding areas. These clinics provide essential healthcare services, including audiology, cardiovascular medicine, and convenient care, with extended hours to accommodate the community's needs.
Moreover, RMH demonstrates a strong commitment to inclusivity by providing quality healthcare regardless of patients' financial situations. The hospital offers free care through its financial assistance program and serves individuals covered by governmental programs and commercial insurance at discounted rates. This ensures that all community members have access to necessary medical services, fostering a healthier population.
Additionally, RMH actively engages in health education and wellness promotion through various programs aimed at community support and education. These initiatives are vital for enhancing the overall health literacy of the population and encouraging preventive health practices.
Overall, Richland Memorial Hospital significantly impacts the community by delivering essential healthcare services, ensuring equitable access to care, and promoting health and wellness through education.
This information is meant to be a general summary of Richland Memorial 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: $40,627
- Program Service Revenue: $59,309,027
- Gross Receipts: $63,787,432
Assets and Liabilities:
- Total Assets: $26,663,290
- Total Liabilities: $13,457,935
- Net Assets: $13,205,355
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 SERVICE REVENUE
Revenue
$59,297,962
RENT FROM RELATED ORGS
Revenue
$10,176
ALL OTHER PROGRAM SERVICES REVENUE
Revenue
$889
Organization Details
Founding Year
1953
Phone
(618) 395-2131Main Address
800 EAST LOCUST STREET, OLNEY, IL, 62450
NTEE Category
Code: E22Z - Health
If you are a representative of Richland Memorial Hospital 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.