Overview
What is Chicot Memorial Medical Center?
Chicot Memorial Medical Center is a private, not-for-profit corporation based in Lake Village, Chicot County, Arkansas. They operate a 25-bed critical access hospital, providing quality healthcare to the community in a caring and efficient manner. The center also manages a provider-based health clinic with a general surgeon, a home health agency, a provider-based dental clinic, and a community-based fitness center, all on a not-for-profit basis. Their mission is to enhance the quality of life in their community by delivering convenient healthcare services with compassion, dignity, and respect. The organization employs 197 individuals dedicated to promoting community wellness.
Official website here: www.chicotmemorial.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Chicot Memorial Medical Center has achieved a strong 96% rating from Charity Navigator, indicating a high level of accountability and financial health. The score is derived solely from its Accountability & Finance metrics, showcasing the organization's commitment to transparency and responsible management of resources.
The nonprofit has an independent board of directors, with 100% of its members being independent, which enhances its governance structure. It has scored perfectly in various areas such as financial oversight and conflict of interest policies, demonstrating effective management practices. Furthermore, a significant portion of its expenses is allocated to programs, reflecting its focus on mission-driven activities.
While the organization exhibits numerous strengths in its governance and financial accountability, the summary does not provide insight into program outcomes or community impact. As a result, while the financial aspects appear sound, potential donors and stakeholders may seek additional information regarding the effectiveness of the programs offered by Chicot Memorial Medical Center.
This AI summary has been generated from information found on Charity Navigator.
Is Chicot Memorial Medical Center legitimate?
Chicot Memorial Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicot Memorial 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: $672,803
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,446,025
For more financial information, click here
Official website here: www.chicotmemorial.com
What is the mission statement of Chicot Memorial Medical Center?
Chicot Memorial Medical Center is dedicated to delivering convenient and quality healthcare to everyone in a caring, efficient, and financially responsible manner. Their mission is to enhance the quality of life in the community and promote community wellness, all while treating those they serve with compassion, dignity, and respect. As a private, not-for-profit corporation, they provide various healthcare services, including acute care, clinic services, home health agency, dental clinic, and fitness center, maintaining a commitment to making healthcare accessible and effective for all.
Official website here: www.chicotmemorial.com
Who is the CEO of Chicot Memorial Medical Center?
John Heard is the Chairman of Chicot Memorial Medical Center. The CEO's salary of Chicot Memorial Medical Center is $160,507 and their total compensation is $160,507.
Official website here: www.chicotmemorial.com
What is the revenue of Chicot Memorial Medical Center?
Chicot Memorial Medical Center's revenue in 2023 was $21,736,014.
Official website here: www.chicotmemorial.com
Who are the executives of Chicot Memorial Medical Center and what are their salaries?
The average compensation at Chicot Memorial Medical Center during 2023 was $36,136. There are 197 employees and 20 volunteers at Chicot Memorial Medical Center.
Here are 15 key members and their salaries (Chicot Memorial Medical Center's CEO's salary is $160,507 and their total compensation is $160,507):
- Compensation: $0
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- Other: $0
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- Other: $0
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- Compensation: $126,393
- Related: $0
- Other: $12,948
- Compensation: $160,507
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $385,903
- Related: $0
- Other: $23,858
- Compensation: $183,600
- Related: $0
- Other: $18,342
- Compensation: $140,498
- Related: $0
- Other: $0
- Compensation: $111,586
- Related: $0
- Other: $8,194
- Compensation: $103,325
- Related: $0
- Other: $11,842
Official website here: www.chicotmemorial.com
Where can I find the form 990 for Chicot Memorial Medical Center?
Chicot Memorial Medical Center's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.chicotmemorial.com
Learn more at the official website: www.chicotmemorial.com
Mission Statement of Chicot Memorial Medical Center
Chicot Memorial Medical Center, a private, not-for-profit corporation, is dedicated to providing convenient, quality healthcare to everyone in a caring, efficient, and financially responsible manner. The organization strives to enhance the quality of life in the community by delivering healthcare services with compassion, dignity, and respect for those they serve.
At the heart of Chicot Memorial Medical Center's mission is a 25-bed critical access hospital. The medical center not only provides acute care but also operates a provider-based health clinic, with a general surgery specialist, and a home health agency. In addition, Chicot Memorial Medical Center runs a provider-based dental clinic and a community-based fitness center, all on a not-for-profit basis.
The medical center's commitment to community wellness extends beyond its clinical services. By offering a range of health and wellness programs, Chicot Memorial Medical Center aims to promote overall health and prevent illness. The organization's caring approach and dedication to providing essential services have made it an integral part of the community, enhancing the lives of those it serves with compassion, dignity, and respect.
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Impact
October, 2024
Chicot Memorial Medical Center (CMMC) significantly enhances the quality of life in Lake Village and the surrounding Chicot County community through its comprehensive healthcare services. Operating as a 25-bed critical access hospital, CMMC ensures accessible and quality healthcare for all residents, prioritizing compassionate care that respects the dignity of every individual.
In addition to general acute care, CMMC hosts a provider-based health clinic featuring a physician who specializes in general surgery, thereby expanding surgical care options for the community. The center also runs a home health agency, a dental clinic, and a community fitness center, promoting overall wellness and preventive health measures.
Through its multifaceted approach to healthcare, CMMC not only addresses immediate medical needs but also fosters a healthier and more engaged community by emphasizing wellness and preventive care. Ultimately, CMMC's commitment to efficient and financially responsible healthcare delivery makes it a vital asset for the residents of Lake Village and beyond.
This information is meant to be a general summary of Chicot Memorial 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: $221,830
- Program Service Revenue: $19,811,936
- Gross Receipts: $21,736,014
Assets and Liabilities:
- Total Assets: $19,443,980
- Total Liabilities: $4,719,878
- Net Assets: $14,724,102
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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
$17,836,841
SALES TAX REVENUE
Revenue
$1,791,193
COUNTY TAX PROCEEDS
Revenue
$183,902
Organization Details
Founding Year
2010
Phone
(870) 265-9229Principal Officer
John Heard
Main Address
2729 HWYS 65 82 SOUTH, LAKE VILLAGE, AR, 71653
Website
www.chicotmemorial.comNTEE Category
Code: E22 - Health
If you are a representative of Chicot Memorial Medical Center 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.