Overview
What is Community Memorial Hospital?
Community Memorial Hospital (CMH) is a vital nonprofit healthcare institution located in South Hill, Virginia. With a mission to provide excellence in healthcare delivery, CMH is a crucial component of the local community, serving as a safety net and enhancing overall health. The organization is governed by a volunteer board of directors and designated as a sole community hospital and disproportionate share hospital by Medicare. Despite being located in a rural area with limited access to other hospitals, CMH offers a comprehensive range of services, including in-patient acute care, post-acute care, long-term care, out-patient services, home health, and hospice. The hospital is particularly dedicated to serving low-income individuals and offers financial assistance to uninsured patients based on their income level. CMH employs a financial specialist to help patients navigate these programs and also offers free mammograms and breast exams to underserved women. By participating in community events and supporting local chambers of commerce, CMH plays a significant role in the area's growth and economic stability. As a major employer, the hospital provides jobs at various skill levels and purchases goods and services locally, contributing to the community's income and job creation. With volunteer support and a foundation dedicated to fundraising, CMH maintains state-of-the-art facilities and technologies to better serve the community.
Official website here: www.vcu-cmh.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81% (Three-Star out of Four Star rating)
Community Memorial Hospital has received a solid Three-Star rating from Charity Navigator, indicating a reasonably strong performance in accountability and finance. The organization has demonstrated good governance practices, with a high percentage of independent board members and comprehensive policies in place, including conflict of interest and whistleblower protections.
The financial health of Community Memorial Hospital reflects positively, especially with an impressive program expense ratio of 87.50%, which suggests that a significant portion of their expenditures is directed towards their mission-related activities. However, the organization does have a high liabilities to assets ratio of 96.85%, which may raise concerns regarding its financial stability in the long term.
Overall, while Community Memorial Hospital displays several strengths in governance and program spending, the high liabilities compared to assets could be a potential limitation. Stakeholders may want to monitor this aspect to ensure the organization remains sustainable and capable of fulfilling its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Community Memorial Hospital legitimate?
Community Memorial Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Memorial Hospital 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: $518,044
Professional Fundraising Fees: $0
Other Salaries and Wages: $56,694,896
For more financial information, click here
Official website here: www.vcu-cmh.org
What is the mission statement of Community Memorial Hospital?
Community Memorial Hospital is dedicated to delivering high-quality healthcare to its patients. The hospital, led by a volunteer board of directors, provides a comprehensive range of services including inpatient, post-acute, long-term care, outpatient, home health, and hospice. It is a vital resource in its community, serving as a safety net and enhancing overall health. The mission extends to offering financial assistance to uninsured patients, with free care for those below the federal poverty level and sliding scale discounts for those with incomes up to 300% of the federal poverty level. The hospital also belongs to and supports various chambers of commerce, participating in community events and health-related notices. By providing jobs and purchasing goods locally, hospitals act as engines of economic growth and stability. Community Memorial Hospital is the largest employer in the area and relies on volunteers for healthcare, governance, and fundraising.
Official website here: www.vcu-cmh.org
Who is the CEO of Community Memorial Hospital?
Unavailable
Official website here: www.vcu-cmh.org
What is the revenue of Community Memorial Hospital?
Community Memorial Hospital's revenue in 2022 was $128,623,380.
Official website here: www.vcu-cmh.org
Who are the executives of Community Memorial Hospital and what are their salaries?
The average compensation at Community Memorial Hospital during 2022 was $53,024. There are 1079 employees and 32 volunteers at Community Memorial Hospital.
Here are 23 key members and their salaries:
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- Related: $237,701
- Other: $237,701
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- Related: $601,965
- Other: $33,300
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- Related: $506,206
- Other: $30,381
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- Related: $485,339
- Other: $33,007
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- Related: $272,517
- Other: $22,620
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- Related: $613,690
- Other: $64,468
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- Compensation: $474,820
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- Other: $43,224
- Compensation: $694,947
- Related: $0
- Other: $35,944
- Compensation: $606,146
- Related: $0
- Other: $38,852
- Compensation: $691,094
- Related: $0
- Other: $37,652
- Compensation: $555,321
- Related: $0
- Other: $39,777
- Compensation: $608,272
- Related: $0
- Other: $38,092
- Compensation: $0
- Related: $811,125
- Other: $28,168
Official website here: www.vcu-cmh.org
Where can I find the form 990 for Community Memorial Hospital?
Community Memorial Hospital's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vcu-cmh.org
Learn more at the official website: www.vcu-cmh.org
Mission Statement of Community Memorial Hospital
Community Memorial Hospital (CMH), a vital component in the healthcare landscape, is dedicated to delivering top-notch healthcare services. The organization's unwavering commitment to excellence is reflected in its mission to provide superior healthcare to patients. With a volunteer board of directors leading the way, the hospital serves as a vital part of the safety net and enhances community health.
Despite being located in a rural area, 35 miles away from other hospitals, and serving a population with below-average per capita income and above-average poverty percentage, CMH offers a comprehensive range of healthcare services. These include in-patient acute care, post-acute and long-term care, out-patient services, home health, and hospice. The emergency department sees patients regardless of their ability to pay, and the hospital provides financial assistance to uninsured patients with incomes below the federal poverty level, offering them free care, or sliding scale discounts up to 300% of the federal poverty level.
In addition to its robust healthcare services, Community Memorial Hospital supports its community in various ways. It belongs to and supports eight Chambers of Commerce, participates in their community events, and shares health-related event notices. The hospital is also the largest single employer in the area, creating jobs at a wide range of skill levels and contributing to the local economy by purchasing goods and services locally. By providing jobs in the region, residents have a better opportunity to receive preventative care through their health insurance programs. The hospital's involvement in the Town Revitalization Committee helps make the town more attractive to new businesses and contributes to the growth and stability of the community. With a strong focus on community engagement, volunteers and the CMH Foundation play crucial roles in strengthening the hospital and enhancing the quality of care for patients and their families.
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Impact
October, 2024
Community Memorial Hospital (CMH) serves as a cornerstone of healthcare in the Southside Virginia area, delivering vital services to a population in need. As a designated Sole Community Hospital, it ensures access to comprehensive medical care for residents in a rural setting, situated 35 miles from other hospitals. CMH provides a safety net for low-income individuals, addressing the healthcare disparities in its primary service area, which experiences higher poverty rates and lower per capita income than the state average.
The hospital offers a full spectrum of services, including inpatient acute care, post-acute and long-term care, outpatient services, home health, and hospice. CMH remains committed to equity in healthcare by treating all patients without regard to their ability to pay, providing financial assistance and free care to uninsured patients who qualify based on their income. This dedication is further underscored by initiatives such as offering complimentary mammograms and breast exams to underserved women, demonstrating its proactive approach to community health.
As the largest single employer in the area, CMH plays a significant economic role, supporting local employment and purchasing goods and services from nearby businesses. This economic activity contributes to the community’s stability and growth, attracting new businesses and retaining skilled workers. The hospital also fosters local engagement through participation in chambers of commerce and community events, enhancing its role as a community leader.
Volunteers further strengthen CMH’s impact, contributing thousands of hours annually through the hospital's auxiliary. Their efforts enhance patient care and assist with governance and fundraising, highlighting the community’s investment in the hospital's operations. Overall, Community Memorial Hospital embodies a commitment to excellence in healthcare delivery, community well-being, and economic vitality, making it an essential asset to Southside Virginia.
This information is meant to be a general summary of Community Memorial Hospital. 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: $754,438
- Program Service Revenue: $122,569,010
- Gross Receipts: $128,623,380
Assets and Liabilities:
- Total Assets: $428,867,466
- Total Liabilities: $370,420,043
- Net Assets: $58,447,423
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SRVC REV
Revenue
$122,569,010
Organization Details
Founding Year
1954
Phone
(434) 447-3151Main Address
1755 N MECKLENBURG AVE PO BOX 90, SOUTH HILL, VA, 23970
Website
www.vcu-cmh.orgNTEE Category
Code: E220 - Health
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