Overview
What is Stoughton Hospital Association?
Stoughton Hospital Association, located in Stoughton, Wisconsin, is a fully accredited acute care hospital with 407 employees. It is licensed by the state of Wisconsin and a member of notable healthcare organizations. The hospital offers inpatient and outpatient services, including medical/surgical telemetry, intensive care, rehabilitative care, geriatric psychiatry care, emergency room care, urgent care, medical imaging, surgical services, an ambulatory infusion center, occupational health, and rehabilitation services. In 2022, there were approximately 3,748 inpatient days and 79,000 outpatient visits. To serve the community, the hospital offers charity care to eligible patients without charge or at reduced rates. Direct and indirect costs related to charity care and discounts for uninsured patients amounted to $490,000 in 2022. The hospital also provides services to patients under certain government-reimbursed public aid programs and invests significantly in community initiatives. Its mission is to deliver safe, quality healthcare with exceptional personalized service to meet the evolving needs of the communities it serves.
Official website here: www.stoughtonhealth.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Stoughton Hospital Association has received a commendable Four-Star rating from Charity Navigator, reflecting exceptional performance in accountability and finance. The organization's overall score is notably high, indicating strong governance practices, including a fully independent board and robust financial oversight mechanisms.
Strengths highlighted in the evaluation include a majority of independent board members, a well-structured Audit and Oversight Committee, and a comprehensive set of policies addressing conflicts of interest, whistleblower protections, and document retention. Additionally, the organization has demonstrated a solid financial position with a favorable liabilities-to-assets ratio and a significant portion of expenses directed toward programs.
Despite the glowing evaluation, the summary focuses heavily on financial metrics, and while it showcases strong governance and transparency, further insights into programmatic impact or community feedback could provide a more rounded perspective on the organization's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Stoughton Hospital Association legitimate?
Stoughton Hospital Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stoughton 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: $2,559,240
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,295,975
For more financial information, click here
Official website here: www.stoughtonhealth.com
What is the mission statement of Stoughton Hospital Association?
The Stoughton Hospital Association is dedicated to delivering quality healthcare that caters to the evolving needs of the communities it serves. Its mission is to provide safe, top-notch healthcare with a personalized touch. The organization offers both inpatient and outpatient services, including intensive care, rehabilitative care, emergency room care, imaging services, and surgical services, among others. To ensure equitable access to healthcare, the hospital provides care to eligible patients under its charity care policy at no charge or reduced rates. The hospital's efforts extend beyond its financial commitments, as it also dedicates time and resources to addressing unmet community needs through various initiatives, many of which may not be financially viable.
Official website here: www.stoughtonhealth.com
Who is the CEO of Stoughton Hospital Association?
Daniel C Degroot is the Principal Officer of Stoughton Hospital Association. The CEO's salary of Stoughton Hospital Association is $339,242 and their total compensation is $351,270.
Official website here: www.stoughtonhealth.com
What is the revenue of Stoughton Hospital Association?
Stoughton Hospital Association's revenue in 2022 was $59,666,840.
Official website here: www.stoughtonhealth.com
Who are the executives of Stoughton Hospital Association and what are their salaries?
The average compensation at Stoughton Hospital Association during 2022 was $48,784. There are 407 employees and 20 volunteers at Stoughton Hospital Association.
Here are 26 key members and their salaries (Stoughton Hospital Association's CEO's salary is $339,242 and their total compensation is $351,270):
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- Compensation: $339,242
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- Compensation: $266,935
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- Other: $38,281
- Compensation: $241,629
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- Other: $31,715
- Compensation: $241,091
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- Other: $39,208
- Compensation: $143,336
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- Other: $15,566
Official website here: www.stoughtonhealth.com
Where can I find the form 990 for Stoughton Hospital Association?
Stoughton Hospital Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stoughtonhealth.com
Learn more at the official website: www.stoughtonhealth.com
Mission Statement of Stoughton Hospital Association
Stoughton Hospital Association, a fully accredited acute care hospital, is dedicated to delivering top-notch healthcare services that cater to the evolving health needs of the communities it serves. With a strong commitment to quality and personalized care, this Wisconsin-based organization's mission comes alive through its provision of safe and effective health solutions.
The Stoughton Hospital Association prides itself on its ability to offer a wide array of healthcare services, both inpatient and outpatient. Inpatient care includes medical/surgical telemetry, intensive care, inpatient rehabilitative care, and geriatric psychiatry care. Additionally, the hospital provides various outpatient services such as emergency room care, urgent care, medical imaging, surgical services, an ambulatory infusion center, and occupational health and rehabilitation services. In doing so, the association ensures that individuals in need receive comprehensive and accessible healthcare solutions.
Moreover, the Stoughton Hospital Association demonstrates its dedication to the community by offering care to patients who meet certain criteria under its charity care policy, free of charge or at reduced rates. This unwavering commitment to community service has resulted in an impressive 3,748 inpatient days and approximately 79,000 outpatient visits in 2022. Despite the financial implications, the hospital recognizes the importance of providing essential healthcare services to those in need, regardless of their ability to pay.
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Impact
October, 2024
Stoughton Hospital Association has a profound impact on the health and well-being of the communities it serves. As an acute care, critical access hospital, it provides a comprehensive range of quality healthcare services, ensuring that community members have access to essential medical care. With fully accredited status by The Joint Commission and membership in the Wisconsin Hospital Association and Rural Wisconsin Health Cooperative, the hospital is devoted to meeting evolving health care needs.
In 2022, the hospital reported a significant volume of activity with 3,748 inpatient days and approximately 79,000 outpatient visits. This breadth of service encompasses medical/surgical telemetry, intensive care, rehabilitative care, emergency services, and specialty outpatient services such as MRI imaging and surgical interventions. By offering these varied services, Stoughton Hospital plays a critical role in addressing both immediate and long-term health care challenges within the community.
Moreover, the hospital prioritizes community service by extending charity care to patients who qualify, providing services without charge or at reduced rates. In the fiscal year ending September 30, 2022, Stoughton Hospital recorded approximately $182,000 in forgone charity charges and $208,000 in discounts for uninsured patients. This commitment not only alleviates financial burdens for vulnerable populations but also ensures that all community members, regardless of their economic status, can receive necessary medical attention.
In addition to direct patient care, Stoughton Hospital invests in resources and programs to tackle unfulfilled community health needs, understanding that some endeavors may not break even financially. This engagement reflects the hospital’s mission to deliver safe, quality healthcare with exceptional personalized service and underscores its dedication to improving the overall health landscape in Stoughton, Wisconsin.
This information is meant to be a general summary of Stoughton 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: -$77,717
- Program Service Revenue: $58,356,131
- Gross Receipts: $73,711,897
Assets and Liabilities:
- Total Assets: $89,496,434
- Total Liabilities: $15,359,968
- Net Assets: $74,136,466
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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
$56,773,443
Joint Venture Earnings
Revenue
$271,835
Organization Details
Founding Year
1924
Phone
(608) 873-6611Principal Officer
Daniel C Degroot
Main Address
900 Ridge Street, Stoughton, WI, 53589
Website
www.stoughtonhealth.comNTEE Category
Code: E220 - Health
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