Overview
What is Herbert J Thomas Memorial Hospital Association?
The Herbert J Thomas Memorial Hospital Association is a nonprofit organization based in South Charleston, West Virginia. Their primary mission is to offer health care services to the local community. According to the provided data, the hospital provided 36,045 inpatient days and 179,845 outpatient visits, including 21,644 emergency room visits. The organization extends charitable care to eligible patients without charge or at reduced rates, forgiving a total of $1,998,960 in such instances. In addition to medical services, the hospital engages in community education and sponsors free health screening and wellness programs.
Official website here: www.thomashealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Star rating from Charity Navigator.
Herbert J Thomas Memorial Hospital Association has demonstrated strong performance in accountability and financial practices, earning a high score of 96% on Charity Navigator. The organization is noted for its independent governance, with 100% of its board members being independent, which reflects a commitment to transparency and effective oversight.
The hospital's financial health is solid, boasting a program expense ratio of nearly 76%, indicating that a significant portion of its funds is directly invested in its programs and services. Additionally, it maintains a very low liabilities to assets ratio of 6.69%, further highlighting its stability. The organization has also implemented essential policies such as conflict of interest, whistleblower protections, and proper document retention practices.
Overall, while Herbert J Thomas Memorial Hospital Association exhibits robust financial management and governance, continuous monitoring and improvement of operational efficiencies will be essential to maintain its excellent standing and further enhance its impact within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Herbert J Thomas Memorial Hospital Association legitimate?
Herbert J Thomas Memorial Hospital Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Herbert J Thomas Memorial 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,940,930
For more financial information, click here
Official website here: www.thomashealth.org
What is the mission statement of Herbert J Thomas Memorial Hospital Association?
The Herbert J Thomas Memorial Hospital Association is dedicated to delivering healthcare services to individuals living in communities surrounding South Charleston. Their mission is geared towards extending essential medical care to residents in need. The organization provides a significant number of inpatient days and outpatient visits each year, with a notable portion being emergency room visits. They offer charitable care to eligible patients, absolving them of charges or reducing them to less than the established rates. Beyond healthcare delivery, the association engages in community education and sponsors free health screening and wellness programs.
Official website here: www.thomashealth.org
Who is the CEO of Herbert J Thomas Memorial Hospital Association?
Timothy Skeldon is the Chairman As Of 2/2022 of Herbert J Thomas Memorial Hospital Association. The CEO's salary of Herbert J Thomas Memorial Hospital Association is $0 and their total compensation is $0.
Official website here: www.thomashealth.org
What is the revenue of Herbert J Thomas Memorial Hospital Association?
Herbert J Thomas Memorial Hospital Association's revenue in 2022 was $229,054,272.
Official website here: www.thomashealth.org
Who are the executives of Herbert J Thomas Memorial Hospital Association and what are their salaries?
There 31 volunteers at Herbert J Thomas Memorial Hospital Association.
Here are 24 key members and their salaries (Herbert J Thomas Memorial Hospital Association's CEO's salary is $0 and their total compensation is $0):
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- Related: $782,152
- Other: $38,411
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- Related: $502,623
- Other: $39,309
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- Related: $496,766
- Other: $29,414
- Compensation: $147,347
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- Other: $33,103
- Compensation: $147,302
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- Other: $15,589
- Compensation: $192,043
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- Other: $11,890
- Compensation: $179,860
- Related: $0
- Other: $27,064
- Compensation: $141,130
- Related: $0
- Other: $23,483
Official website here: www.thomashealth.org
Where can I find the form 990 for Herbert J Thomas Memorial Hospital Association?
Herbert J Thomas Memorial Hospital Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thomashealth.org
Learn more at the official website: www.thomashealth.org
Mission Statement of Herbert J Thomas Memorial Hospital Association
The Herbert J Thomas Memorial Hospital Association is dedicated to extending essential healthcare services to the residents of South Charleston, West Virginia, and its surrounding communities. This nonprofit organization prides itself on providing inpatient and outpatient care, catering to a total of 179,845 visits and 36,045 hospitalization days. Among these, 21,644 emergency room visits were recorded. The hospital's commitment to serving the underprivileged extends further, as it offers care to patients who meet specific criteria under its charity care policy, either free of charge or at reduced rates, amounting to $1,998,960 in charges forgone.
To complement its healthcare offerings, the hospital contributes to the community through education and wellness programs. These initiatives include free health screenings to ensure early detection and prevention of potential health issues. The hospital's dedication to enhancing the overall wellbeing of its patients and the community is evident in its various outreach efforts.
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Impact
October, 2024
Herbert J Thomas Memorial Hospital Association significantly impacts the health and well-being of residents in South Charleston, WV, and the surrounding communities. With a substantial provision of care, the hospital recorded 36,045 inpatient days and 179,845 outpatient visits, including 21,644 emergency room visits. These services ensure that essential healthcare is readily accessible to those in need.
The hospital also plays an essential role in supporting vulnerable populations through its charity care policy, offering necessary medical services without charge or at reduced rates to patients who qualify. In the last reporting period, the charges forgone for charity care totaled nearly $2 million, demonstrating a strong commitment to patient care regardless of financial status.
Furthermore, the hospital enhances community health through educational initiatives, free health screenings, and wellness programs. These activities promote preventative care and healthy lifestyles, helping to reduce healthcare disparities and foster a healthier community overall. Through its comprehensive services and community-focused initiatives, Herbert J Thomas Memorial Hospital Association stands as a vital health resource in the region.
This information is meant to be a general summary of Herbert J Thomas Memorial 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: $248,049
- Program Service Revenue: $222,868,435
- Gross Receipts: $229,054,272
Assets and Liabilities:
- Total Assets: $241,119,649
- Total Liabilities: $14,776,413
- Net Assets: $226,343,236
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Patient services
Revenue
$208,950,946
Family Pharmacy
Revenue
$7,785,824
340B Program Revenue
Revenue
$4,883,619
Laboratory-Other
Revenue
$1,248,046
Organization Details
Founding Year
1946
Phone
(304) 766-3523Principal Officer
Timothy Skeldon
Main Address
4605 MacCorkle Avenue SW, South Charleston, WV, 25309
Website
www.thomashealth.orgNTEE Category
Code: E22Z - Health
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