Overview
What is Calverthealth Medical Center Inc?
Calverthealth Medical Center Inc, located in Prince Frederick, Maryland, is a nonprofit organization dedicated to providing top-quality inpatient and outpatient healthcare services to the residents of Southern Maryland. With a mission to offer accessible, cost-effective, and compassionate care, the hospital serves a diverse population, regardless of race, creed, sex, national origin, disability, age, or ability to pay. In FY 2022, the hospital cared for 5,908 inpatients, 30,919 outpatients, and treated 35,410 emergency room visits. It generated a community benefit of $7,985,178 and provided over $2,799,501 in charity care to those unable to pay. The hospital, as the sole community provider, offers essential healthcare services like obstetrics, psychiatry, emergency care, urgent care, and long-term care that would otherwise be unavailable within Calvert County or provided by the government. By partnering with the community and offering various healthcare programs, Calverthealth Medical Center enhances the health status of its members.
Official website here: www.calverthealthmedicine.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 88%, Three-Star out of Four Star rating.
Calverthealth Medical Center Inc has received a commendable 88% score from Charity Navigator, indicating a strong commitment to accountability and financial health. The organization excels in governance with a fully independent board and effective oversight measures in place, as highlighted by their perfect scores in areas like the audit committee and policies related to conflict of interest and whistleblower protections.
The financial metrics reveal that Calverthealth maintains a solid program expense ratio of 86.54%, suggesting that a significant majority of its expenditures go directly toward fulfilling its mission. However, the liabilities to assets ratio stands at 60.01%, which may indicate some financial obligations that could be a point of concern for potential donors assessing the organization's long-term sustainability.
Overall, Calverthealth Medical Center Inc demonstrates a strong operational framework with robust governance and efficient use of resources. Nonetheless, prospective supporters might want to consider the organization’s financial liabilities when making their contribution decisions.
This AI summary has been generated from information found on Charity Navigator.
Is Calverthealth Medical Center Inc legitimate?
Calverthealth Medical Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Calverthealth Medical Center 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: $5,419,878
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,647,673
For more financial information, click here
Official website here: www.calverthealthmedicine.org
What is the mission statement of Calverthealth Medical Center Inc?
Calvertheath Medical Center Inc is dedicated to delivering quality inpatient and outpatient healthcare services to the people of Maryland with accessibility, affordability, and compassion. The organization collaborates with the community to enhance the overall health status of its members. Calvertheath Medical Center provides medical care to individuals regardless of race, creed, sex, national origin, handicap, age, or ability to pay. In FY 2022, the hospital served 5,908 inpatients, 30,919 outpatients, and 35,410 emergency room visits. The hospital's financial surpluses are dedicated to furthering its charitable purposes. The hospital is governed by a community board of civic leaders committed to addressing the healthcare needs of the community. In FY 2022, the hospital provided over $2.8 million in charity care to residents who could not pay for the services they received. Calvertheath Medical Center serves as a sole community provider, offering essential healthcare services such as obstetrics, psychiatry, emergency services, urgent care, and long-term care, which would not be available otherwise.
Official website here: www.calverthealthmedicine.org
Who is the CEO of Calverthealth Medical Center Inc?
Dean Teague is the President & Ceo of Calverthealth Medical Center Inc. The CEO's salary of Calverthealth Medical Center Inc is $1,009,827 and their total compensation is $1,166,460.
Official website here: www.calverthealthmedicine.org
What is the revenue of Calverthealth Medical Center Inc?
Calverthealth Medical Center Inc's revenue in 2022 was $151,646,353.
Official website here: www.calverthealthmedicine.org
Who are the executives of Calverthealth Medical Center Inc and what are their salaries?
The average compensation at Calverthealth Medical Center Inc during 2022 was $53,030. There are 1227 employees and 50 volunteers at Calverthealth Medical Center Inc.
Here are 34 key members and their salaries (Calverthealth Medical Center Inc's CEO's salary is $1,009,827 and their total compensation is $1,166,460):
- Compensation: $0
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- Compensation: $29,750
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $519,792
- Other: $31,853
- Compensation: $305,213
- Related: $0
- Other: $16,233
- Compensation: $692,092
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $788
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- Other: $0
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- Compensation: $1,009,827
- Related: $0
- Other: $156,633
- Compensation: $0
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- Compensation: $0
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- Other: $0
- Compensation: $588,913
- Related: $0
- Other: $72,517
- Compensation: $304,868
- Related: $0
- Other: $33,867
- Compensation: $213,222
- Related: $0
- Other: $9,427
- Compensation: $544,735
- Related: $0
- Other: $62,088
- Compensation: $212,989
- Related: $0
- Other: $23,079
- Compensation: $164,453
- Related: $0
- Other: $6,085
- Compensation: $216,348
- Related: $0
- Other: $9,107
- Compensation: $240,102
- Related: $0
- Other: $26,767
- Compensation: $235,119
- Related: $0
- Other: $32,053
- Compensation: $496,185
- Related: $0
- Other: $44,095
- Compensation: $165,274
- Related: $0
- Other: $9,147
- Compensation: $239,926
- Related: $0
- Other: $13,366
- Compensation: $204,376
- Related: $0
- Other: $10,464
- Compensation: $187,273
- Related: $0
- Other: $8,011
- Compensation: $183,203
- Related: $0
- Other: $10,884
- Compensation: $172,815
- Related: $0
- Other: $10,871
Official website here: www.calverthealthmedicine.org
Where can I find the form 990 for Calverthealth Medical Center Inc?
Calverthealth Medical Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.calverthealthmedicine.org
Learn more at the official website: www.calverthealthmedicine.org
Mission Statement of Calverthealth Medical Center Inc
Calverthealth Medical Center Inc, a charitable organization, is committed to delivering safe, high-quality inpatient and ambulatory healthcare services to the people of Southern Maryland. The Center's mission is accessible, cost-effective, and compassionate, making healthcare a reachable goal for all members of the community. The organization collaborates with the community to improve overall health and wellbeing, ensuring that healthcare services are available regardless of race, creed, sex, national origin, handicap, age, or ability to pay.
Calverthealth Medical Center Inc served a substantial number of patients in FY 2022, with 5,908 inpatients, 30,919 outpatients, 35,410 emergency room visits, and 2,562 medical observation patients receiving essential care. The Center's commitment to community service was evident in the $7,985,178 in community benefit it provided in the same year, as documented in its community benefit report. All financial surpluses generated by the organization are used exclusively to further its charitable purposes.
Calverthealth Medical Center Inc's Board of Directors, comprised of civic leaders throughout Calvert County, governs the organization and represents the healthcare needs of the community. The hospital's services, which include obstetrics, psychiatry, emergency services, urgent care, and long-term care, are essential to the community as they would otherwise be unavailable or provided by the government. Many of these services are unprofitable due to their high cost and low reimbursement, making the Center's involvement crucial to ensuring that these vital healthcare services continue to be accessible to the residents of Southern Maryland.
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Impact
October, 2024
Calverthealth Medical Center Inc significantly impacts the health and well-being of residents in Southern Maryland. By providing accessible, high-quality inpatient and outpatient healthcare services, the center caters to a diverse population, focusing on compassion and cost-effectiveness.
In fiscal year 2022, Calverthealth served 5,908 inpatients and 30,919 outpatients, along with managing 35,410 emergency room visits. This extensive reach underscores the medical center’s role as a vital healthcare resource. Moreover, the center treated an additional 2,562 medical observation patients, ensuring comprehensive care for those in need.
Calverthealth also plays a critical role in addressing community health disparities. It reported a significant contribution of $7,985,178 in community benefits, which includes over $2.8 million dedicated to charity care for residents unable to pay for services. These efforts demonstrate Calverthealth's commitment to providing care regardless of race, creed, sex, national origin, disability, age, or financial status.
As a sole community provider, Calverthealth offers essential services such as obstetrics, psychiatry, emergency services, urgent care, and long-term care. These services often come with high costs and low reimbursement rates, making their provision financially challenging for most healthcare facilities. Without Calverthealth stepping in to provide these services, many residents would lack access to critical healthcare options.
Governed by a community board of civic leaders committed to addressing local healthcare needs, Calverthealth Medical Center continues to focus on improving the health status of Southern Maryland's population, reinforcing its role as a cornerstone of community health and well-being.
This information is meant to be a general summary of Calverthealth Medical Center 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: $150,684
- Program Service Revenue: $148,576,586
- Gross Receipts: $151,646,353
Assets and Liabilities:
- Total Assets: $154,534,269
- Total Liabilities: $89,010,741
- Net Assets: $65,523,528
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INPATIENT REVENUE
Revenue
$66,261,032
OUTPATIENT REVENUE
Revenue
$54,535,214
EMERGENCY REVENUE
Revenue
$27,375,185
CARES ACT PROVIDER RELIEF FUNDING
Revenue
$252,855
OTHER OPERATING REVENUE
Revenue
$152,300
Organization Details
Founding Year
1918
Phone
(410) 535-4000Principal Officer
Dean Teague
Main Address
100 HOSPITAL ROAD, PRINCE FREDERICK, MD, 20678
NTEE Category
Code: E220 - Health
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