Overview
What is Cumberland Memorial Hospital Inc?
Cumberland Memorial Hospital Inc, also known as Cumberland Healthcare, is a nonprofit organization based in Cumberland, Wisconsin. The organization runs an independent hospital (Cumberland Memorial Hospital) and two rural health clinics, with locations in Cumberland and Turtle Lake. Established in 2005, the hospital is licensed for 25 acute care beds and offers various services including therapy, wound care, chemotherapy, radiology, lab, ambulance service, and general surgery. In fiscal year 2022, the organization reported 1,220 acute care days, 578 swing bed days, 18 inpatient and 226 outpatient surgeries, 289 scope procedures, and 3,061 emergency room visits. With a team of 256 employees, Cumberland Memorial Hospital Inc aims to provide exceptional quality care to the community of Northwest Wisconsin.
Official website here: www.cumberlandhealthcare.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%
Cumberland Memorial Hospital Inc has received a Three-Star out of Four Star rating from Charity Navigator, reflecting a solid performance in its accountability and finance practices. The score is based entirely on its accountability and finance metrics, indicating a strong emphasis on responsible management of resources and transparency. An 82% score suggests the organization is competent in financial oversight and has established policies in place to ensure ethical governance.
Key strengths of Cumberland Memorial Hospital include a fully independent board of directors, which enhances governance integrity, and a high program expense ratio of 83.21%, indicating that a significant portion of its funds are directed towards its mission-related expenses. Additionally, the organization has implemented key policies such as conflict of interest and whistleblower protections, contributing to its accountability.
However, a notable limitation is its liabilities to assets ratio of 68.83%, which may signify potential challenges in managing its financial obligations relative to its assets. This could be an area of concern for stakeholders and donors looking for long-term financial stability in the organization. Overall, while Cumberland Memorial Hospital demonstrates a commitment to sound financial practices, attention to its liability management would be advisable.
This AI summary has been generated from information found on Charity Navigator.
Is Cumberland Memorial Hospital Inc legitimate?
Cumberland Memorial Hospital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cumberland Memorial Hospital Inc 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: $501,725
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,456,008
For more financial information, click here
Official website here: www.cumberlandhealthcare.com
What is the mission statement of Cumberland Memorial Hospital Inc?
Cumberland Memorial Hospital Inc is a dedicated, independent nonprofit health system committed to delivering exceptional quality care at every stage. The organization's mission is to provide top-notch healthcare services, encompassing a range of offerings such as therapy, wound care, chemotherapy, radiology, lab services, ambulance service, general surgery, and more. In fiscal year 2022, the hospital provided care to 1,220 acute care patients and 578 swing bed patients, with a total of 18 inpatient and 226 outpatient surgeries and 289 scope procedures performed. Furthermore, there were 3,061 emergency room visits, and the affiliated clinics recorded 19,226 and 2,126 visits, respectively.
Official website here: www.cumberlandhealthcare.com
Who is the CEO of Cumberland Memorial Hospital Inc?
Michael Gutsch is the Chairperson of Cumberland Memorial Hospital Inc. The CEO's salary of Cumberland Memorial Hospital Inc is $273,739 and their total compensation is $306,930.
Official website here: www.cumberlandhealthcare.com
What is the revenue of Cumberland Memorial Hospital Inc?
Cumberland Memorial Hospital Inc's revenue in 2022 was $35,390,451.
Official website here: www.cumberlandhealthcare.com
Who are the executives of Cumberland Memorial Hospital Inc and what are their salaries?
The average compensation at Cumberland Memorial Hospital Inc during 2022 was $50,616. There are 256 employees and 50 volunteers at Cumberland Memorial Hospital Inc.
Here are 15 key members and their salaries (Cumberland Memorial Hospital Inc's CEO's salary is $273,739 and their total compensation is $306,930):
- Compensation: $3,125
- Related: $0
- Other: $0
- Compensation: $2,000
- Related: $0
- Other: $0
- Compensation: $2,000
- Related: $0
- Other: $0
- Compensation: $600
- Related: $0
- Other: $0
- Compensation: $2,000
- Related: $0
- Other: $0
- Compensation: $2,200
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $273,739
- Related: $0
- Other: $33,191
- Compensation: $173,653
- Related: $0
- Other: $8,969
- Compensation: $169,712
- Related: $0
- Other: $29,749
- Compensation: $402,793
- Related: $0
- Other: $24,131
- Compensation: $320,343
- Related: $0
- Other: $40,189
- Compensation: $273,901
- Related: $0
- Other: $6,661
- Compensation: $225,364
- Related: $0
- Other: $37,191
- Compensation: $207,464
- Related: $0
- Other: $42,184
Official website here: www.cumberlandhealthcare.com
Where can I find the form 990 for Cumberland Memorial Hospital Inc?
Cumberland Memorial Hospital Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cumberlandhealthcare.com
Learn more at the official website: www.cumberlandhealthcare.com
Mission Statement of Cumberland Memorial Hospital Inc
Cumberland Memorial Hospital Inc, a dedicated nonprofit health system, is committed to providing exceptional quality care every step of the way. This independent organization, based in Wisconsin, runs a hospital and two rural health clinics, offering a range of services from therapy and wound care to chemotherapy, radiology, lab work, ambulance service, and general surgery. With a critical access hospital license, Cumberland Memorial Hospital is equipped for 25 acute care beds. In fiscal year 2022, the organization saw 1,220 acute care days, 578 swing bed days, and 3,061 emergency room visits. The dedication to patient care resulted in 18 inpatient and 226 outpatient surgeries, along with 289 scope procedures. The clinics recorded a combined total of 19,452 visits. Cumberland Memorial Hospital Inc continues to prioritize the well-being of its patients, ensuring that they receive compassionate and top-notch care throughout their healthcare journey.
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Impact
October, 2024
Cumberland Memorial Hospital Inc significantly impacts the health landscape of Northwest Wisconsin by providing exceptional quality care to the community. As an independent facility, it serves as a critical access hospital, ensuring that residents have access to essential medical services, from acute care to outpatient procedures.
Operating with 25 licensed acute care beds, Cumberland Memorial Hospital offers a wide range of services, including therapy, wound care, chemotherapy, radiology, lab services, ambulance services, and general surgery. The hospital's commitment to addressing various health needs is evident in the 1,220 acute care days and numerous surgical procedures performed in the last fiscal year, highlighting its role in managing the community's healthcare demands.
Additionally, the organization runs two rural health clinics in Cumberland and Turtle Lake, reflecting its dedication to accessibility. With over 19,000 visits to the Cumberland clinic and more than 2,000 to the Turtle Lake clinic, it plays an essential role in preventive care and ongoing health support.
Cumberland Memorial Hospital also responds to urgent medical needs, evidenced by over 3,000 emergency room visits, which underscores its importance as a reliable healthcare resource in times of crisis. By ensuring comprehensive healthcare services are available every step of the way, Cumberland Memorial Hospital Inc enhances the overall health and well-being of the communities it serves.
This information is meant to be a general summary of Cumberland Memorial Hospital Inc. 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: $1,018,842
- Program Service Revenue: $30,986,603
- Gross Receipts: $35,413,659
Assets and Liabilities:
- Total Assets: $48,084,790
- Total Liabilities: $24,834,203
- Net Assets: $23,250,587
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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
$30,719,633
NURSING HOME REVENUE
Revenue
$210,000
Organization Details
Founding Year
1955
Phone
(715) 822-7500Principal Officer
Michael Gutsch
Main Address
1110 7TH AVENUE, CUMBERLAND, WI, 54829
Website
www.cumberlandhealthcare.comNTEE Category
Code: E22 - Health
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