Overview
What is Hospital Authority Of Floyd County?
The Hospital Authority of Floyd County is a nonprofit organization based in Rome, Georgia. Since January 1998, it has leased its operations at Floyd Medical Center in Rome to Floyd Healthcare Management, Inc. (FHMI), a nonprofit corporation established under its sponsorship. As per the lease agreement, FHMI assumes the responsibility to fund the Authority's pension plan and covers its financial needs. The primary mission of the Hospital Authority is to support Floyd Medical Center, a 501(C)(3) hospital located in Rome, Georgia.
Official website here: www.floyd.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating.
The Hospital Authority of Floyd County has received a Three-Star rating from Charity Navigator, indicating a solid performance in its operations, particularly in Accountability & Finance. With a score of 82%, the organization excels in its governance and transparency practices, reflecting strong management and ethical standards.
The nonprofit boasts a fully independent board, scoring a perfect 10 out of 10 for the majority of independent members. Additionally, it has no issues with asset diversion and maintains a robust set of policies including conflict of interest and whistleblower protections. Program expenses are well-managed, with an impressive 93.42% of expenses going directly to its programs, which enhances its financial credibility.
While the organization demonstrates commendable strengths, the rating is based solely on financial accountability metrics, limiting the overall assessment of its impact or effectiveness in fulfilling its mission. Nonetheless, the high scores in areas of governance and financial management suggest that it is a reliable entity in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Hospital Authority Of Floyd County legitimate?
Hospital Authority Of Floyd County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hospital Authority Of Floyd County 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: $0
For more financial information, click here
Official website here: www.floyd.org
What is the mission statement of Hospital Authority Of Floyd County?
The Hospital Authority of Floyd County's mission is primarily focused on supporting Floyd Medical Center, a 501(c)(3) hospital. Since January 1, 1998, the Authority has leased its operations to Floyd Healthcare Management, Inc. (FHMI), a non-profit corporation, under whose management, FHMI assumes the obligation to fund the Authority's pension plan and covers its financial needs. The Authority's role, therefore, is centered around facilitating the operations of Floyd Medical Center through this partnership.
Official website here: www.floyd.org
Who is the CEO of Hospital Authority Of Floyd County?
Kurt Stuenkel is the Secretary/Ce of Hospital Authority Of Floyd County.
Official website here: www.floyd.org
What is the revenue of Hospital Authority Of Floyd County?
Hospital Authority Of Floyd County's revenue in 2022 was $3,209.
Official website here: www.floyd.org
Who are the executives of Hospital Authority Of Floyd County and what are their salaries?
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $2,971,233
- Other: $24,408
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- Related: $432,294
- Other: $48,127
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- Other: $0
Official website here: www.floyd.org
Where can I find the form 990 for Hospital Authority Of Floyd County?
Hospital Authority Of Floyd County's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.floyd.org
Learn more at the official website: www.floyd.org
Mission Statement of Hospital Authority Of Floyd County
The Hospital Authority Of Floyd County, as a nonprofit entity, has a mission centered around supporting Floyd Medical Center, a 501(C)(3) hospital located elsewhere. Since January 1, 1998, the Authority has leased its operations of Floyd Medical Center to Floyd Healthcare Management, Inc. (FHMI), a nonprofit corporation established under the Authority's sponsorship. As per this lease agreement, FHMI assumes the obligation to fund the Authority's pension plan and provides financial resources to cover the Authority's financial needs. In essence, the Hospital Authority Of Floyd County's mission revolves around supporting Floyd Medical Center's operations and ensuring its financial stability.
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Impact
August, 2024
The Hospital Authority of Floyd County's impact is evident in its support of Floyd Medical Center, a 501(c)(3) hospital located in Rome, GA. Since January 1, 1998, the authority has leased all of its operations of Floyd Medical Center to Floyd Healthcare Management, Inc., a corporation created under its sponsorship. This arrangement ensures the continued provision of essential healthcare services to the community while also addressing financial and operational needs. By supporting Floyd Medical Center, the Hospital Authority of Floyd County plays a vital role in promoting the health and well-being of individuals in Rome and the surrounding areas.
This information is meant to be a general summary of Hospital Authority Of Floyd County. 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: $3,209
- Gross Receipts: $3,209
Assets and Liabilities:
- Total Assets: $10,592,789
- Total Liabilities: $10,627,884
- Net Assets: -$35,095
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Organization Details
Founding Year
1942
Phone
(706) 509-6900Principal Officer
Kurt Stuenkel
Main Address
304 TURNER MCCALL BLVD, ROME, GA, 301620233
Website
www.floyd.orgNTEE Category
Code: Y30 - Mutual benefit
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