Overview
What is Hot Springs Health Program?
The Hot Springs Health Program is a rural medical facility situated in Madison County, North Carolina. This nonprofit organization caters to the healthcare needs of the local community through four clinics, home health care, and other essential services. In a given year, they provided medical care to over 33,000 patients and made 2,868 nursing home visits. Their pharmacy services filled approximately 83,600 prescriptions, and they offered home care and hospice services to 8,102 patients in their residences. The organization comprises six separate healthcare facilities: Mashburn Medical Center, Hot Springs Medical Center, Mars Hill Medical Center, Laurel Medical Center, Madison Home Care, and Hospice of Madison. The Hot Springs Health Program is committed to addressing the primary healthcare requirements of the people in Madison County and its surrounding areas by operating as a community-oriented and community-directed organization.
Official website here: www.hotspringshealth-nc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Hot Springs Health Program has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization received a perfect score for its independent board members and audit committee, which underscores its commitment to governance and transparency. With a strong program expense ratio of 86.51%, the majority of its funds are directed towards its mission, reflecting effective use of resources.
The charity’s financial practices are further endorsed by a clean record regarding the material diversion of assets, showing no mismanagement. Additionally, it adheres to robust policies on conflict of interest, whistleblower protections, and document retention, providing a solid framework for ethical operations. These practices not only establish trust but also ensure the organization's sustainability and credibility.
While the data reflects positively on the Hot Springs Health Program, it is important for potential donors and stakeholders to continually assess nonprofit performance over time. Maintaining transparency and accountability will be key factors in the organization's ongoing success and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Hot Springs Health Program legitimate?
Hot Springs Health Program is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hot Springs Health Program 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: $376,187
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,535,530
For more financial information, click here
Official website here: www.hotspringshealth-nc.org
What is the mission statement of Hot Springs Health Program?
The Hot Springs Health Program is committed to addressing the primary healthcare needs of the community in Madison County and surrounding areas. Orientated and governed by the community, the organization provides essential medical services to its citizens. The program offers medical care through four clinics, home healthcare, and other services. In the past year, they delivered 33,121 patient visits and 2,868 nursing home visits, filled 83,568 prescriptions, and made 8,102 visits to patients in their homes for home care and hospice services. The organization comprises six separate healthcare facilities, including Mashburn Medical Center, Hot Springs Medical Center, Mars Hill Medical Center, Laurel Medical Center, Madison Home Care, and Hospice of Madison.
Official website here: www.hotspringshealth-nc.org
Who is the CEO of Hot Springs Health Program?
Teresa Strom is the Board Member of Hot Springs Health Program.
Official website here: www.hotspringshealth-nc.org
What is the revenue of Hot Springs Health Program?
Hot Springs Health Program's revenue in 2022 was $14,567,955.
Official website here: www.hotspringshealth-nc.org
Who are the executives of Hot Springs Health Program and what are their salaries?
The average compensation at Hot Springs Health Program during 2022 was $53,099. There are 149 employees and 1 volunteer at Hot Springs Health Program.
Here are 18 key members and their salaries:
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- Compensation: $108,930
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- Compensation: $242,222
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- Compensation: $146,251
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- Compensation: $204,998
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- Compensation: $212,971
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- Compensation: $195,899
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- Other: $19,806
- Compensation: $166,465
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- Other: $14,250
Official website here: www.hotspringshealth-nc.org
Where can I find the form 990 for Hot Springs Health Program?
Hot Springs Health Program's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hotspringshealth-nc.org
Learn more at the official website: www.hotspringshealth-nc.org
Mission Statement of Hot Springs Health Program
Hot Springs Health Program, an organization community-led and community-directed, is dedicated to addressing the primary healthcare needs of the people in Madison County and surrounding areas. This rural medical facility offers essential medical services to the citizens of Madison County through four clinics, home healthcare, and various other services. In the previous year, Hot Springs Health Program provided 33,121 patient visits and 2,868 nursing home visits. Moreover, they filled 83,568 prescriptions, and made 8,102 visits to patients in their own homes for home care and hospice services.
The Hot Springs Health Program is comprised of six separate healthcare facilities, each contributing to the organization's mission. These facilities include Mashburn Medical Center, Hot Springs Medical Center, Mars Hill Medical Center, Laurel Medical Center, Madison Home Care, and Hospice of Madison. By providing a wide range of healthcare services, this program ensures that everyone, regardless of their location or circumstances, has access to the care they require to live a healthy life. Hot Springs Health Program is not just a healthcare provider; it is an integral part of the community, committed to supporting its members in their time of need.
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Impact
October, 2024
The Hot Springs Health Program significantly enhances access to essential medical care for the residents of Madison County and its surrounding areas. Through its network of six healthcare facilities—including Mashburn Medical Center, Hot Springs Medical Center, Mars Hill Medical Center, Laurel Medical Center, Madison Home Care, and Hospice of Madison—it effectively addresses the primary health care needs of the community.
In a recent year, the program facilitated an impressive 33,121 patient visits and conducted 2,868 visits to nursing homes, demonstrating its vital role in delivering comprehensive medical services. Additionally, the program's pharmacy services filled over 83,000 prescriptions, ensuring that community members have access to necessary medications. The home care and hospice services also made a significant impact, accounting for 8,102 visits to patients in their homes, thereby promoting well-being and comfort for those with chronic illnesses or end-of-life needs.
Overall, the Hot Springs Health Program serves as a vital resource for promoting health equity, improving healthcare access, and enhancing the quality of life for its community members.
This information is meant to be a general summary of Hot Springs Health Program. 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: $10,709
- Program Service Revenue: $12,070,722
- Gross Receipts: $14,567,955
Assets and Liabilities:
- Total Assets: $9,194,764
- Total Liabilities: $3,857,843
- Net Assets: $5,336,921
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT REVENUE
Revenue
$11,997,575
CONTRACT SERVICES
Revenue
$73,147
Organization Details
Founding Year
1971
Phone
(828) 649-9566Principal Officer
Teresa Strom
Main Address
PO BOX 69-590 MEDICAL PARK DR, MARSHALL, NC, 287530069
Website
www.hotspringshealth-nc.orgNTEE Category
Code: E30 - Health
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