Overview
What is Phelps Memorial Health Center?
Phelps Memorial Health Center, a not-for-profit Nebraska corporation based in Holdrege, operates a 25-bed critical access hospital. This community health center offers various services, including inpatient, outpatient, swing bed, emergency, clinic, and ambulance care. The admitting physicians are primarily local practitioners. Phelps Memorial Health Center prioritizes patient financial assistance to those unable to pay, not pursuing collection on these amounts. The cost of providing such assistance is estimated at approximately $550,000 annually. The organization's mission is family-centered healthcare, aiming to provide exceptional quality and compassionate care to the local community, with a workforce of 363 employees.
Official website here: www.phelpsmemorial.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Phelps Memorial Health Center has received a Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. This rating is based solely on their accountability and finance score, which stands at an impressive 96%. The organization demonstrates strong governance practices, such as having a majority of independent board members and comprehensive policies for conflict of interest and whistleblowing.
The scoring reflects Phelps Memorial's commitment to transparency and fiscal responsibility, with a program expense ratio of 85.51%, meaning a significant portion of their budget is directed towards their programs. Their financial oversight is also commendable, with no material diversion of assets and a favorable liabilities-to-assets ratio of 20.05%. These factors indicate a well-managed organization focused on effectively serving its community.
While the data showcases a robust structure and financial integrity, there are no specific programmatic outcomes or user feedback provided that detail the impact of their services. This could be an area for improvement, as potential donors and community members may seek more information on the direct effects of their contributions and programs.
This AI summary has been generated from information found on Charity Navigator.
Is Phelps Memorial Health Center legitimate?
Phelps Memorial Health Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phelps Memorial Health 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: $1,058,320
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,544,870
For more financial information, click here
Official website here: www.phelpsmemorial.com
What is the mission statement of Phelps Memorial Health Center?
The Phelps Memorial Health Center is dedicated to delivering exceptional quality and compassionate care to the families it serves. As a not-for-profit healthcare organization, it provides a range of services including inpatient, outpatient, swing bed, emergency, clinic, and ambulance care. Despite financial hardships, patients are not denied access to healthcare due to their inability to pay. The Health Center does not pursue collection of amounts deemed patient financial assistance, and instead absorbs the associated costs, which amounted to approximately $550,000 in the previous year. The Health Center's mission is rooted in ensuring that all families receive the care they need regardless of their financial situation.
Official website here: www.phelpsmemorial.com
Who is the CEO of Phelps Memorial Health Center?
Mark Harrel is the Ceo of Phelps Memorial Health Center. The CEO's salary of Phelps Memorial Health Center is $540,009 and their total compensation is $607,693.
Official website here: www.phelpsmemorial.com
What is the revenue of Phelps Memorial Health Center?
Phelps Memorial Health Center's revenue in 2022 was $74,881,466.
Official website here: www.phelpsmemorial.com
Who are the executives of Phelps Memorial Health Center and what are their salaries?
The average compensation at Phelps Memorial Health Center during 2022 was $54,003. There are 363 employees and 87 volunteers at Phelps Memorial Health Center.
Here are 22 key members and their salaries (Phelps Memorial Health Center's CEO's salary is $540,009 and their total compensation is $607,693):
- Compensation: $540,009
- Related: $0
- Other: $67,684
- Compensation: $385,699
- Related: $0
- Other: $64,928
- Compensation: $274,401
- Related: $0
- Other: $46,954
- Compensation: $257,028
- Related: $0
- Other: $62,765
- Compensation: $245,874
- Related: $0
- Other: $49,030
- Compensation: $182,982
- Related: $0
- Other: $45,442
- Compensation: $183,742
- Related: $0
- Other: $32,986
- Compensation: $0
- Related: $0
- Other: $0
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Official website here: www.phelpsmemorial.com
Where can I find the form 990 for Phelps Memorial Health Center?
Phelps Memorial Health Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.phelpsmemorial.com
Learn more at the official website: www.phelpsmemorial.com
Mission Statement of Phelps Memorial Health Center
Phelps Memorial Health Center, a not-for-profit corporation, is dedicated to providing exceptional quality and compassionate care for the families it serves. The health center, with a mission to always prioritize the well-being of the families it caters to, operates extensively in the local area.
Specializing in inpatient, outpatient, swing bed, emergency, clinic, and ambulance services, Phelps Memorial Health Center ensures comprehensive healthcare solutions for its clientele. Admission to the health center is primarily handled by local area practitioners. This community-focused organization takes pride in extending financial assistance to patients who face financial difficulties in paying for healthcare services. It is the policy of Phelps Memorial Health Center not to pursue collection of amounts that are identified as patient financial assistance. The costs associated with offering patient financial assistance are determined by aggregating direct and indirect costs, including salaries, benefits, supplies, and other operating expenses. The approximate financial burden of caring for these patients for the year ended December 31, 2022, was around half a million dollars.
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Impact
October, 2024
Phelps Memorial Health Center serves as a vital healthcare resource in Holdrege, Nebraska, by delivering progressive, family-centered health care with a commitment to exceptional quality and compassionate service. Operating a 25-bed critical access hospital, the center provides a comprehensive range of services, including inpatient, outpatient, swing bed, emergency, clinic, and ambulance services.
The impact of Phelps Memorial extends beyond immediate medical care; it plays a crucial role in ensuring that community members have access to essential healthcare services. The center's dedication to patient financial assistance highlights its commitment to serving those in need, as it does not pursue collection from patients who cannot afford care. In 2022, this initiative accounted for approximately $550,000 in costs, emphasizing the center's mission to prioritize the health and well-being of families in the region.
By employing local practitioners and focusing on community health, Phelps Memorial Health Center not only addresses immediate healthcare needs but also fosters a supportive environment where families can receive compassionate care. Its ongoing efforts contribute significantly to the overall health landscape of Holdrege, enhancing the quality of life and ensuring that all community members can access necessary medical services.
This information is meant to be a general summary of Phelps Memorial Health 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 2022.
- Investment Income: $1,511,698
- Program Service Revenue: $71,294,259
- Gross Receipts: $84,732,747
Assets and Liabilities:
- Total Assets: $157,386,632
- Total Liabilities: $31,586,922
- Net Assets: $125,799,710
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT REVENUE
Revenue
$68,970,990
AIR TRANSPORTATION
Revenue
$1,327,814
PHARMACY REVENUE
Revenue
$482,700
CAFETERIA
Revenue
$194,066
Organization Details
Founding Year
1963
Phone
(308) 995-2211Principal Officer
Mark Harrel
Main Address
1215 TIBBALS STREET, HOLDREGE, NE, 68949
Website
www.phelpsmemorial.comNTEE Category
Code: E220 - Health
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