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Commonwealth Regional Specialty Hospital Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 542142034 ✦ Bowling green, KY ✦ Designated as a 501(c)(3)

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Overview

What is Commonwealth Regional Specialty Hospital Inc?

Commonwealth Regional Specialty Hospital Inc, located in Bowling Green, Kentucky, serves as a vital resource for the community. This nonprofit facility offers long-term acute care services to chronically and critically ill patients, providing medical treatment and rehabilitation. With a 16-bed facility, the hospital admits approximately 202 patients annually, offering 4,914 days of patient care during fiscal year 2022. The hospital's mission is to cater to the medical, therapeutic, and familial needs of individuals suffering from critical diseases or disorders, ensuring comprehensive care and support. With a workforce of 54 employees, Commonwealth Regional Specialty Hospital Inc is committed to making a difference in the lives of its patients and their families.


Official website here: www.medcenterhealth.org/location/commonwealth-reg

What are the reviews and ratings of this charity?

Commonwealth Regional Specialty Hospital Inc has received an impressive Four-Star out of Four Star rating from Charity Navigator, with a score of 96%. This high rating is solely based on accountability and financial metrics, indicating that the organization maintains strong governance practices and effectively manages its finances. Key strengths include a majority of independent board members and excellent scoring in areas like audit oversight, conflict of interest policies, and asset management.

Financially, the organization shows significant commitment to its services, with a program expense ratio of nearly 90%. This means a large portion of their funds is directed towards fulfilling their mission. However, while their overall score remains strong, it is noted that the tax documentation on their website is incomplete, which may impact transparency.

User reviews from GreatNonprofits could not be fetched, leaving a gap in community feedback. However, the charity's solid financial standing and governance practices suggest a well-managed organization, albeit with the need for improved transparency regarding their published financial documents.


This AI summary has been generated from information found on Charity Navigator.

Is Commonwealth Regional Specialty Hospital Inc legitimate?

Commonwealth Regional Specialty Hospital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Commonwealth Regional Specialty 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: $30,883
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,946,849

For more financial information, click here


Official website here: www.medcenterhealth.org/location/commonwealth-reg

What is the mission statement of Commonwealth Regional Specialty Hospital Inc?

Commonwealth Regional Specialty Hospital Inc's mission is centered around meeting the medical, therapeutic, and familial needs of individuals requiring long-term acute care due to critical diseases or disorders. The hospital strives to provide comprehensive services that cater to the unique needs of these patients, ensuring their well-being and recovery. By offering long-term acute care, the hospital aims to enhance the quality of life for its patients, providing them with the necessary medical treatment and rehabilitation. During the fiscal year 2022, the hospital admitted 202 patients and offered 4,914 days of patient care. While additional information can be found in Schedule O, the primary focus of Commonwealth Regional Specialty Hospital Inc is to deliver specialized care to those with critical health conditions, supporting them and their families throughout their recovery journey.


Official website here: www.medcenterhealth.org/location/commonwealth-reg

Who is the CEO of Commonwealth Regional Specialty Hospital Inc?

Christa Atkins is the Principal Officer of Commonwealth Regional Specialty Hospital Inc. The CEO's salary of Commonwealth Regional Specialty Hospital Inc is $0 and their total compensation is $1,354,657.


Official website here: www.medcenterhealth.org/location/commonwealth-reg

What is the revenue of Commonwealth Regional Specialty Hospital Inc?

Commonwealth Regional Specialty Hospital Inc's revenue in 2022 was $8,130,553.


Official website here: www.medcenterhealth.org/location/commonwealth-reg

Who are the executives of Commonwealth Regional Specialty Hospital Inc and what are their salaries?

The average compensation at Commonwealth Regional Specialty Hospital Inc during 2022 was $55,143. There are 54 employees at Commonwealth Regional Specialty Hospital Inc.


Here are 17 key members and their salaries (Commonwealth Regional Specialty Hospital Inc's CEO's salary is $0 and their total compensation is $1,354,657):


Ms Connie D Smith (President / Ceo)
  • Compensation: $0
  • Related: $1,333,801
  • Other: $20,856
Mr Wade Stone (Executive Vice President)
  • Compensation: $0
  • Related: $434,345
  • Other: $29,943
Mr David Gray (Executive Vice President)
  • Compensation: $0
  • Related: $374,445
  • Other: $43,440
Ms Michele Lawless (Executive Vice President / Cfo)
  • Compensation: $0
  • Related: $371,796
  • Other: $3,505
Mr Eric Hagan (Vp Of Rural Hospitals)
  • Compensation: $28,878
  • Related: $259,906
  • Other: $20,046
Mr Ronald G Sowell (Evp/Cfo - Retired 3/31/2021)
  • Compensation: $0
  • Related: $270,499
  • Other: $5,145
Ms Jill Payne (Evp/Cno - Resigned 6/25/2021)
  • Compensation: $0
  • Related: $166,490
  • Other: $6,935
Ms Elizabeth Schmidt (Pharmacy Manager)
  • Compensation: $107,488
  • Related: $0
  • Other: $39,819
Ms Christa Atkins (Administrator)
  • Compensation: $91,937
  • Related: $0
  • Other: $22,220
Dr D Ghayth Hammad (Director)
  • Compensation: $8,636
  • Related: $0
  • Other: $0
Mr Tom Forte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Tommy Holderfield (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Cheri Natcher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Susan Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Vickie Elrod (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Joe Davis (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Muhammad Ahmed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.medcenterhealth.org/location/commonwealth-reg

Where can I find the form 990 for Commonwealth Regional Specialty Hospital Inc?

Commonwealth Regional Specialty Hospital Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.medcenterhealth.org/location/commonwealth-reg

Learn more at the official website: www.medcenterhealth.org/location/commonwealth-reg

Mission Statement of Commonwealth Regional Specialty Hospital Inc

Commonwealth Regional Specialty Hospital Inc is committed to addressing the medical, therapeutic, and familial needs of individuals who require long-term acute care services due to critical diseases or disorders. The hospital's mission is to provide a comprehensive and supportive environment that caters to both the medical treatment and rehabilitation of chronically and critically ill patients. By offering long-term acute care services, Commonwealth Regional Specialty Hospital Inc aims to contribute positively to the health and well-being of its patients, ensuring they receive the necessary care to manage their health challenges effectively. The hospital admits a significant number of patients each year and provides extensive care, as demonstrated by admitting 202 patients and providing 4,914 days of patient care during Fiscal Year 2022.

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Impact




July, 2024

Commonwealth Regional Specialty Hospital Inc's impact can be seen in its provision of long-term acute care services to chronically and critically ill patients in the community of Bowling Green, Warren County, Kentucky. The hospital admitted 202 patients and provided 4,914 days of patient care during fiscal year 2022. By offering medical treatment and rehabilitation services to individuals with critical diseases or disorders in its 16-bed facility, Commonwealth Regional Specialty Hospital contributes significantly to the health and well-being of those in need within its local community.




This information is meant to be a general summary of Commonwealth Regional Specialty 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.

Revenue
$8,130,553 (2022)
Expenses
$7,929,614 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $42,376
  • Program Service Revenue: $7,793,539
  • Gross Receipts: $9,239,531

Assets and Liabilities:

  • Total Assets: $5,028,714
  • Total Liabilities: $1,797,958
  • Net Assets: $3,230,756

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INPATIENT SVCS PROVIDED

Revenue

$7,793,539

Organization Details

Founding Year

2003

Principal Officer

Christa Atkins

Main Address

800 PARK STREET, BOWLING GREEN, KY, 42101

NTEE Category

Code: E24 - Health

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