Overview
What is Georgetown Memorial Hospital?
Georgetown Memorial Hospital is a 131-bed acute care facility located in Georgetown, South Carolina, established under the state's laws in 1946. The nonprofit hospital's primary mission is to promote health and wellness in Georgetown County and its surrounding areas by providing quality healthcare services. With a charitable purpose under IRC Section 501(c)(3), it operates a board of trustees and an open medical staff, offering emergency and non-emergency care to anyone, regardless of their ability to pay. The hospital furnished charity care worth $24,060,403 during the last fiscal year and also provides free car seats, taxi services, and participates in state programs. As part of the Georgetown Hospital System, it conducts community outreach, screening, and educational programs, including health fairs and various classes.
Official website here: www.tidelandshealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Georgetown Memorial Hospital has achieved an 82% rating from Charity Navigator, indicating a solid performance primarily in accountability and finance. The organization demonstrates a strong commitment to governance, with a fully independent board and comprehensive oversight measures in place. Key strengths include a high program expense ratio of 78.72%, which reflects its focus on utilizing funds for programmatic purposes rather than administrative costs.
While Georgetown Memorial Hospital has several strong financial practices, it does have some limitations. The most significant issue noted is the missing tax form on the nonprofit's website, which is a transparency concern. Additionally, the liabilities to assets ratio of 69.15% received a low score, suggesting potential financial risks that may need to be addressed.
Overall, Georgetown Memorial Hospital shows a commitment to responsible financial management and accountability, but it would benefit from improving transparency regarding its tax documentation and managing its liabilities to ensure long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Georgetown Memorial Hospital legitimate?
Georgetown Memorial Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Georgetown 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: $1,303,032
Professional Fundraising Fees: $7,500
Other Salaries and Wages: $62,590,154
For more financial information, click here
Official website here: www.tidelandshealth.org
What is the mission statement of Georgetown Memorial Hospital?
Georgetown Memorial Hospital is dedicated to providing top-notch healthcare services to the community and surrounding areas. Their mission is to help people live better lives through better health. Established under South Carolina law in 1946, the hospital operates as a charitable organization under IRC section 501(c)(3), with a board of trustees made up of civic leaders and physicians. The hospital provides emergency and non-emergency care to anyone, regardless of their ability to pay, and offers various community outreach programs, including free taxi services, choleisterol and blood pressure screenings, and health fairs. Additionally, the hospital participates in state programs aimed at providing preventative healthcare to low-income individuals. The hospital system also conducts community education programs offering classes on CPR, weight control, smoking cessation, and childbirth education, among others.
Official website here: www.tidelandshealth.org
Who is the CEO of Georgetown Memorial Hospital?
Bruce P Bailey is the Principal Officer of Georgetown Memorial Hospital. The CEO's salary of Georgetown Memorial Hospital is $383,420 and their total compensation is $854,134.
Official website here: www.tidelandshealth.org
What is the revenue of Georgetown Memorial Hospital?
Georgetown Memorial Hospital's revenue in 2022 was $221,697,740.
Official website here: www.tidelandshealth.org
Who are the executives of Georgetown Memorial Hospital and what are their salaries?
There 32 volunteers at Georgetown Memorial Hospital.
Here are 25 key members and their salaries (Georgetown Memorial Hospital's CEO's salary is $383,420 and their total compensation is $854,134):
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- Compensation: $6,325
- Related: $6,325
- Other: $0
- Compensation: $34,213
- Related: $948,958
- Other: $33,389
- Compensation: $613
- Related: $613
- Other: $0
- Compensation: $11,757
- Related: $11,757
- Other: $0
- Compensation: $383,420
- Related: $433,411
- Other: $37,303
- Compensation: $263,955
- Related: $298,371
- Other: $25,152
- Compensation: $287,110
- Related: $324,547
- Other: $33,784
- Compensation: $315,640
- Related: $356,794
- Other: $30,306
- Compensation: $211,216
- Related: $238,756
- Other: $14,267
- Compensation: $184,710
- Related: $208,794
- Other: $39,394
- Compensation: $131,512
- Related: $148,661
- Other: $22,271
- Compensation: $127,054
- Related: $143,620
- Other: $26,151
- Compensation: $270,133
- Related: $0
- Other: $31,479
- Compensation: $9,859
- Related: $429,586
- Other: $38,553
Official website here: www.tidelandshealth.org
Where can I find the form 990 for Georgetown Memorial Hospital?
Georgetown Memorial Hospital's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tidelandshealth.org
Learn more at the official website: www.tidelandshealth.org
Mission Statement of Georgetown Memorial Hospital
Georgetown Memorial Hospital, a non-profit organization, is dedicated to enhancing the lives of people in the community through accessible and quality healthcare services. The hospital, established under South Carolina law in 1946, aims to promote health and well-being across the region, as outlined in its charitable purpose under IRC Section 501(c)(3).
Georgetown Memorial Hospital operates with a Board of Trustees, consisting of civic leaders and medical professionals, and maintains an open medical staff, providing privileges to all qualified physicians. The hospital serves anyone in need, regardless of their ability to pay, offering emergency and non-emergency care, including Medicare and Medicaid. In the fiscal year ending September 30, 2022, the hospital extended charity care worth $24,060,403.
Beyond patient care, Georgetown Memorial Hospital extends its reach to the community through various initiatives. It offers essential items like car seats to families in need and provides free taxi services for individuals unable to afford or arrange transportation. The hospital is part of the Georgetown Hospital System, which conducts community outreach, screening, and educational programs. These programs encompass various health-related activities, such as cholesterol and blood pressure screenings, health fairs, and a variety of classes and lectures, covering topics like CPR, weight control, smoking cessation, childbirth education, pre-natal and infant nutrition, and more.
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Impact
October, 2024
Georgetown Memorial Hospital plays a crucial role in the health and wellness of the Georgetown County community and its surrounding areas. As a 131-bed acute care facility, it provides high-quality healthcare services and promotes overall health and wellness since its establishment in 1946.
The hospital ensures access to a wide range of medical care, including emergency and non-emergency services, irrespective of a patient’s ability to pay. In its commitment to community health, Georgetown Memorial Hospital offered over $24 million in charity care within a year, demonstrating its dedication to serving all residents, including those who are economically disadvantaged.
In addition to direct healthcare services, the hospital actively engages in community outreach initiatives. It provides essential resources such as car seats for newborns and free transportation to patients who cannot afford it. Furthermore, the hospital collaborates with state programs to facilitate preventative healthcare testing, especially targeting low-income populations.
Georgetown Memorial Hospital also conducts various health promotion activities, including cholesterol and blood pressure screenings, health fairs, and educational programs. These programs cover essential topics such as CPR, smoking cessation, and prenatal nutrition, thereby empowering the community with knowledge and resources to improve their health.
By prioritizing both immediate healthcare and preventative education, Georgetown Memorial Hospital significantly enhances the quality of life for individuals in Georgetown County, helping people live better lives through better health.
This information is meant to be a general summary of Georgetown 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: $5,650,478
- Program Service Revenue: $197,927,156
- Gross Receipts: $221,762,650
Assets and Liabilities:
- Total Assets: $380,747,584
- Total Liabilities: $263,316,254
- Net Assets: $117,431,330
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE REVENUE
Revenue
$185,000,754
OTHER RELATED SERVICES
Revenue
$9,974,864
FITNESS CENTER
Revenue
$1,276,912
PHARMACY
Revenue
$1,229,165
MEALS
Revenue
$301,709
Organization Details
Founding Year
1946
Phone
(843) 527-7102Principal Officer
Bruce P Bailey
Main Address
PO BOX 421718, GEORGETOWN, SC, 29442
Website
www.tidelandshealth.orgNTEE Category
Code: E220 - Health
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