Overview
What is Memorial Hospital Inc?
Memorial Hospital Inc, located at 213 Marie Langdon Drive, Manchester, KY 40962, is a nonprofit organization operating a 49-bed acute care hospital. The hospital, known as AdventHealth Manchester, is a part of Adventist Health System Sunbelt Healthcare Corporation and is driven by a mission to extend the healing ministry of Christ. In the current year, the hospital recorded 1,482 patient admissions, 7,632 patient days, 61,854 outpatient visits, and 141,443 physician clinic patient visits. The organization, employing 675 people, provides comprehensive medical care to the community, ensuring a connected continuum of wholistic, best practice care.
Official website here: www.adventhealth.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Memorial Hospital Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The organization scored 83% in this area, which reflects its strong oversight mechanisms and adherence to best practices, including an independent board and effective conflict of interest policies.
Strengths of the organization include a high program expense ratio of nearly 91%, showing that a significant portion of its budget is directed towards its charitable activities. The board is mostly independent, which enhances governance, and the charity has robust policies in place for financial oversight, including regular audits and documented board meeting minutes.
However, there is a noted limitation in the liabilities to assets ratio, which stands at 66.89%. This could indicate potential financial risk, as it suggests a high level of liabilities relative to assets. Overall, while the organization demonstrates strong accountability, stakeholders may want to consider its financial leverage when assessing its stability and future sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Memorial Hospital Inc legitimate?
Memorial Hospital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memorial 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: $2,997,723
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,308,633
For more financial information, click here
Official website here: www.adventhealth.com
What is the mission statement of Memorial Hospital Inc?
Memorial Hospital Inc is driven by a mission to provide healing and health services to the community, overseen by the Seventh-Day Adventist Church through Adventist Health System SunbeltHealthcare Corporation. The organization's goal is to extend the healing ministry of Christ by delivering comprehensive, best practice care across a connected continuum of services. They engage individuals in their health and focus on whole-person care, nurturing not only patients but also employees, healthcare professionals, and the communities they serve. AdventHealth, the hospital system affiliated with Memorial Hospital Inc, aspires to be widely respected for consumer-focused care and adherence to best practices.
Official website here: www.adventhealth.com
Who is the CEO of Memorial Hospital Inc?
Sissel Jacob is the Principal Officer of Memorial Hospital Inc. The CEO's salary of Memorial Hospital Inc is $0 and their total compensation is $306,127.
Official website here: www.adventhealth.com
What is the revenue of Memorial Hospital Inc?
Memorial Hospital Inc's revenue in 2022 was $74,509,151.
Official website here: www.adventhealth.com
Who are the executives of Memorial Hospital Inc and what are their salaries?
The average compensation at Memorial Hospital Inc during 2022 was $50,824. There are 675 employees and 27 volunteers at Memorial Hospital Inc.
Here are 30 key members and their salaries (Memorial Hospital Inc's CEO's salary is $0 and their total compensation is $306,127):
- Compensation: $0
- Related: $1,055,911
- Other: $57,040
- Compensation: $0
- Related: $898,843
- Other: $187,713
- Compensation: $0
- Related: $838,897
- Other: $172,435
- Compensation: $697,903
- Related: $0
- Other: $42,976
- Compensation: $0
- Related: $629,703
- Other: $102,504
- Compensation: $681,518
- Related: $0
- Other: $50,046
- Compensation: $0
- Related: $560,777
- Other: $131,096
- Compensation: $446,750
- Related: $0
- Other: $44,345
- Compensation: $422,364
- Related: $0
- Other: $38,306
- Compensation: $421,602
- Related: $0
- Other: $25,391
- Compensation: $376,850
- Related: $0
- Other: $33,425
- Compensation: $0
- Related: $305,842
- Other: $68,109
- Compensation: $0
- Related: $321,664
- Other: $50,788
- Compensation: $358,898
- Related: $0
- Other: $7,954
- Compensation: $320,007
- Related: $0
- Other: $41,552
- Compensation: $313,589
- Related: $0
- Other: $47,068
- Compensation: $0
- Related: $293,218
- Other: $54,963
- Compensation: $0
- Related: $300,059
- Other: $6,068
- Compensation: $0
- Related: $259,990
- Other: $40,528
- Compensation: $0
- Related: $247,525
- Other: $52,142
- Compensation: $161,373
- Related: $0
- Other: $20,369
- Compensation: $180
- Related: $0
- Other: $0
- Compensation: $180
- Related: $0
- Other: $0
- Compensation: $180
- Related: $0
- Other: $0
- Compensation: $180
- Related: $0
- Other: $0
- Compensation: $180
- Related: $0
- Other: $0
- Compensation: $180
- Related: $0
- Other: $0
- Compensation: $180
- Related: $0
- Other: $0
- Compensation: $180
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.adventhealth.com
Where can I find the form 990 for Memorial Hospital Inc?
Memorial Hospital Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.adventhealth.com
Learn more at the official website: www.adventhealth.com
Mission Statement of Memorial Hospital Inc
Memorial Hospital Inc, a subsidiary organization of Adventist Health System Sunbelt Healthcare Corporation, is committed to extending the healing ministry of Christ within the community. Established by the Seventh-Day Adventist Church, this 49-bed hospital aims to deliver holistic, best practice care across a connected continuum of services.
Memorial Hospital Inc's parent organization, Adventist Health System Sunbelt Healthcare Corporation, was founded with a mission to bring a ministry of healing and health to the served communities. The hospital and healthcare system, recognized as AdventHealth, is widely respected for its consumer-focused approach that engages individuals in their health. Memorial Hospital Inc embodies this mission by providing comprehensive healthcare services, nurturing its employees, and caring for those who seek their care and healing.
AdventHealth seeks to be an example of Christ in its commitment to caring for people. This commitment extends to providing for the wellbeing of its employees, engaging the community, and offering top-notch healthcare services to those who entrust them with their care. The hospital's mission is to create a connected, comprehensive continuum of services that addresses the physical, mental, and spiritual needs of its patients. In doing so, Memorial Hospital Inc embodies the healing ministry of Christ and strives to make a positive impact in the lives of those it serves.
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Impact
October, 2024
Memorial Hospital Inc plays a crucial role in the Manchester, KY community by providing essential medical care through its operation of a 49-bed acute care hospital. In the current year, the hospital has facilitated significant patient engagement, with 1,482 admissions and 7,632 patient days, underscoring its commitment to addressing local health needs. The extensive outpatient services, totaling 61,854 visits, along with 141,443 physician clinic visits, highlight the hospital's accessibility and the trust the community places in its healthcare professionals.
Aligned with the mission of AdventHealth, Memorial Hospital Inc emphasizes a holistic approach to health, seeking to extend a ministry of healing and health to the residents it serves. This commitment to patient-centered care ensures that individuals are engaged in their health journey, benefiting from a comprehensive continuum of services that address both physical and emotional well-being. By nurturing both patients and healthcare staff, the hospital fosters a supportive environment that exemplifies its dedication to care and healing in Manchester.
This information is meant to be a general summary of Memorial 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $49,452
- Program Service Revenue: $73,531,759
- Gross Receipts: $74,590,323
Assets and Liabilities:
- Total Assets: $54,963,511
- Total Liabilities: $42,489,365
- Net Assets: $12,474,146
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Net Patient Revenue
Revenue
$72,579,933
Pharmacy Revenue
Revenue
$415,556
Cafeteria Revenue
Revenue
$279,452
Gift Shop Revenue
Revenue
$147,360
Education
Revenue
$50,878
Organization Details
Founding Year
1917
Phone
(606) 598-5104Principal Officer
Sissel Jacob
Main Address
210 Marie Langdon Drive, MANCHESTER, KY, 40962
Website
www.adventhealth.comNTEE Category
Code: E220 - Health
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