Overview
What is Farmers Union Hospital Association?
Farmers Union Hospital Association, operating as Great Plains Regional Medical Center in Elk City, Oklahoma, is a 62-bed nonprofit hospital dedicated to delivering quality healthcare to all members of its community, regardless of their ability to pay. They serve over 1,800 inpatients annually and treat nearly 13,100 patients in the Emergency Department. Their surgical teams perform around 3,200 surgeries each year. The organization's commitment to the community includes providing free or subsidized care, serving those covered by government programs, and offering reduced-price services and community programs. They aim to provide comprehensive, cost-effective, and high-quality healthcare to their service area, collaborating with physicians and focusing on health promotion, patient education, and disease prevention. The organization employs a staff of 540 individuals.
Official website here: www.gprmc-ok.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
Farmers Union Hospital Association has earned an excellent 90% rating from Charity Navigator, which reflects a strong emphasis on accountability and finance. The rating indicates that the organization adheres to high standards in fiscal management and transparency, with a particularly noteworthy program expense ratio of 75.94%, meaning a significant portion of its funds is directed towards its mission-related activities.
The organization demonstrates solid governance practices, with 70% of its board members being independent, ensuring diverse perspectives in decision-making. Furthermore, the presence of comprehensive policies such as a conflict of interest policy and a whistleblower policy underscores its commitment to ethical operations and accountability. The financial statements are well audited, contributing to a high level of trust from stakeholders.
However, while the organization scores well on many fronts, it has a liabilities to assets ratio of 58.50%, which suggests a moderate level of financial risk that could be a point of concern for potential donors. Overall, Farmers Union Hospital Association shows a commendable commitment to transparency and effective resource management, making it a reliable choice for those looking to support a nonprofit in the healthcare sector.
This AI summary has been generated from information found on Charity Navigator.
Is Farmers Union Hospital Association legitimate?
Farmers Union Hospital Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Farmers Union 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: $1,286,406
Professional Fundraising Fees: $0
Other Salaries and Wages: $19,639,886
For more financial information, click here
Official website here: www.gprmc-ok.com
What is the mission statement of Farmers Union Hospital Association?
The Farmers Union Hospital Association is dedicated to delivering comprehensive, cost-effective, and high-quality healthcare to the communities it serves. The organization strives to be a leader in healthcare, meeting the needs of patients while ensuring affordable quality outcomes. Collaborative relationships with physicians are maintained to better cater to the healthcare demands of the population. Health promotion, patient education, and disease prevention are integral components of the Association's mission, with a focus on improving the overall well-being of patients within its service area.
Official website here: www.gprmc-ok.com
Who is the CEO of Farmers Union Hospital Association?
Corey Lively is the Chair of Farmers Union Hospital Association. The CEO's salary of Farmers Union Hospital Association is $333,317 and their total compensation is $354,328.
Official website here: www.gprmc-ok.com
What is the revenue of Farmers Union Hospital Association?
Farmers Union Hospital Association's revenue in 2022 was $65,928,678.
Official website here: www.gprmc-ok.com
Who are the executives of Farmers Union Hospital Association and what are their salaries?
The average compensation at Farmers Union Hospital Association during 2022 was $38,752. There are 540 employees and 28 volunteers at Farmers Union Hospital Association.
Here are 19 key members and their salaries (Farmers Union Hospital Association's CEO's salary is $333,317 and their total compensation is $354,328):
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- Compensation: $15,175
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- Compensation: $632,936
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- Other: $32,558
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- Compensation: $333,317
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- Other: $21,011
- Compensation: $144,743
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- Other: $17,464
- Compensation: $170,932
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- Other: $32,995
- Compensation: $859,845
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- Other: $37,039
- Compensation: $168,377
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- Other: $12,656
- Compensation: $609,396
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- Other: $41,341
- Compensation: $236,676
- Related: $0
- Other: $41,091
- Compensation: $322,282
- Related: $0
- Other: $26,047
Official website here: www.gprmc-ok.com
Where can I find the form 990 for Farmers Union Hospital Association?
Farmers Union Hospital Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gprmc-ok.com
Learn more at the official website: www.gprmc-ok.com
Mission Statement of Farmers Union Hospital Association
Farmers Union Hospital Association, a dedicated nonprofit organization, is committed to delivering comprehensive, cost-effective, and high-quality healthcare to the communities it serves. With a focus on achieving affordable outcomes, the association sets itself apart as a leader in healthcare provision in Western Oklahoma and the Eastern Texas Panhandle.
By offering a range of healthcare services, Farmers Union Hospital Association addresses the diverse needs of its patient population. Its mission is twofold: first, to meet the healthcare demands of individuals within its service area, ensuring that they receive the necessary care. Second, to maintain and enhance collaborations with local physicians, enhancing the overall healthcare network and improving patient care.
The organization places great emphasis on health promotion, patient education, and disease prevention. Farmers Union Hospital Association believes that empowering patients with knowledge and resources is essential for effective healthcare management. To achieve this, it continually invests in health education initiatives and keeps abreast of the latest medical advancements.
In summary, Farmers Union Hospital Association is a compassionate and forward-thinking nonprofit organization, dedicated to providing quality healthcare services to the communities it serves. Through its commitment to affordability, collaboration with healthcare professionals, and focus on preventative care, it is setting the standard for comprehensive and cost-effective healthcare in Western Oklahoma and the Eastern Texas Panhandle.
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Impact
October, 2024
Farmers Union Hospital Association, operating as Great Plains Regional Medical Center (GPRMC), plays a crucial role in providing accessible and high-quality healthcare to the Elk City community and surrounding areas. With a capacity of 62 beds, GPRMC ensures that all individuals, regardless of their background or financial situation, receive essential medical services.
In 2022, GPRMC recognized the healthcare needs of over 1,882 inpatients, resulting in more than 9,100 inpatient days. The hospital's Emergency Department treated 13,076 patients, illustrating its critical capacity to respond to urgent health concerns. Additionally, surgical teams performed 3,274 surgeries, showcasing the hospital's comprehensive offerings.
A key aspect of GPRMC's impact is its commitment to serve those who cannot afford care. The hospital provides free or subsidized care and engages with patients covered by government programs at rates below cost. In 2022 alone, GPRMC forgave approximately $185,000 in charges under its charity care policy, affirming its dedication to community health needs.
GPRMC's mission extends beyond immediate healthcare services, as it actively promotes health education and disease prevention initiatives to enhance community well-being. Its collaborative relationships with physicians further enhance its ability to deliver quality care, positioning GPRMC as a leader in Western Oklahoma and the Eastern Texas Panhandle for comprehensive, cost-effective healthcare. Through its various programs and services, GPRMC significantly contributes to the health and vitality of the region, ensuring that no one is left without necessary care.
This information is meant to be a general summary of Farmers Union 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: $1,901,608
- Program Service Revenue: $55,228,648
- Gross Receipts: $88,374,510
Assets and Liabilities:
- Total Assets: $75,879,737
- Total Liabilities: $45,080,180
- Net Assets: $30,799,557
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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
$52,700,387
Plains Diag Imaging
Revenue
$510,319
Cafeteria
Revenue
$421,940
Daycare center
Revenue
$119,177
Organization Details
Founding Year
1938
Phone
(580) 225-2511Principal Officer
Corey Lively
Main Address
PO Box 2339, Elk City, OK, 73648
Website
www.gprmc-ok.comNTEE Category
Code: E83Z - Health
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