Overview
What is Community Hospital Corporation?
Community Hospital Corporation, previously known as VHA Southwest Community Health Corporation, is a Plano, Texas-based not-for-profit organization with a mission to help community-owned and governed hospitals thrive. By providing essential resources and expertise, this corporation enhances healthcare quality, patient satisfaction, and financial performance for hospitals such as Yoakum Community Hospital, St. Marks Medical Center, Jellico Community Hospital, Huntsville Community Hospital, Gainesville Community Hospital, and Southwest Community Hospital. The organization also manages and operates long-term acute care hospitals through Community LTACH, LLC, CHC Community Care, LLC, and Carolinas Community Care Inc. The ultimate goal is to strengthen the mission of community hospitals and healthcare providers.
Official website here: www.communityhospitalcorp.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Community Hospital Corporation received a two-star rating from Charity Navigator, indicating that while the organization exhibits solid accountability and financial management, there are significant concerns regarding its financial health. With a score of 72%, it highlights an effective governance structure, featuring a mostly independent board and comprehensive policies in place, such as conflict of interest and whistleblower protections.
Despite these strengths, the organization struggles notably with its liabilities to assets ratio, showing a concerning 125.11%, and has a program expense ratio of 62.83%, which suggests that a smaller portion of its expenses is directed towards its programs compared to administrative costs. Additionally, the absence of the tax form on the nonprofit's website points to a lack of transparency that may impact public trust.
Overall, while Community Hospital Corporation demonstrates strong governance and accountability, the financial indicators raise flags that could hinder its mission effectiveness and sustainability. Improvements in financial health and transparency could enhance its standing and overall impact in the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Community Hospital Corporation legitimate?
Community Hospital Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Hospital Corporation 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: $252,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,628,690
For more financial information, click here
Official website here: www.communityhospitalcorp.com
What is the mission statement of Community Hospital Corporation?
Community Hospital Corporation is a not-for-profit organization dedicated to supporting and enhancing the missions of community hospitals and healthcare providers. By providing essential resources and experience, this corporation helps improve healthcare quality, patient satisfaction, and financial performance. The organization has affiliations with several community hospitals, including but not limited to Yoakum Community Hospital, St. Marks Medical Center, and Huntsville Community Hospital. Through its memberships and holding companies, Community Hospital Corporation also manages and operates long-term acute care hospitals in partnership with other not-for-profit organizations.
Official website here: www.communityhospitalcorp.com
Who is the CEO of Community Hospital Corporation?
Unavailable The CEO's salary of Community Hospital Corporation is $0 and their total compensation is $1,537,557.
Official website here: www.communityhospitalcorp.com
What is the revenue of Community Hospital Corporation?
Community Hospital Corporation's revenue in 2022 was $12,360,131.
Official website here: www.communityhospitalcorp.com
Who are the executives of Community Hospital Corporation and what are their salaries?
The average compensation at Community Hospital Corporation during 2022 was $103,700. There are 76 employees at Community Hospital Corporation.
Here are 18 key members and their salaries (Community Hospital Corporation's CEO's salary is $0 and their total compensation is $1,537,557):
- Compensation: $0
- Related: $1,387,544
- Other: $150,013
- Compensation: $27,000
- Related: $0
- Other: $0
- Compensation: $24,000
- Related: $0
- Other: $0
- Compensation: $24,000
- Related: $0
- Other: $0
- Compensation: $27,000
- Related: $0
- Other: $0
- Compensation: $24,000
- Related: $0
- Other: $0
- Compensation: $33,000
- Related: $0
- Other: $0
- Compensation: $24,000
- Related: $0
- Other: $0
- Compensation: $24,000
- Related: $0
- Other: $0
- Compensation: $14,500
- Related: $0
- Other: $0
- Compensation: $24,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $397,284
- Other: $32,639
- Compensation: $0
- Related: $365,303
- Other: $35,016
- Compensation: $0
- Related: $448,543
- Other: $42,290
- Compensation: $0
- Related: $473,349
- Other: $37,486
- Compensation: $0
- Related: $369,563
- Other: $23,162
- Compensation: $0
- Related: $446,734
- Other: $54,259
- Compensation: $0
- Related: $412,366
- Other: $46,037
Official website here: www.communityhospitalcorp.com
Where can I find the form 990 for Community Hospital Corporation?
Community Hospital Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.communityhospitalcorp.com
Learn more at the official website: www.communityhospitalcorp.com
Mission Statement of Community Hospital Corporation
Community Hospital Corporation (CHC) is a not-for-profit organization dedicated to supporting and enhancing the missions of community hospitals and healthcare providers. With a mission to guide and assist these institutions, CHC aims to help them improve the quality of healthcare, patient satisfaction, and financial performance. CHC's extensive expertise and resources enable community hospitals to meet the evolving needs of their communities and deliver high-quality care. As the sole member organization of several hospitals and healthcare providers, CHC plays a crucial role in ensuring these institutions remain community-operated and governed. By collaborating with these organizations, CHC empowers them to provide essential healthcare services and make a positive impact on the lives of their patients. Through its unwavering commitment to community hospitals and healthcare providers, Community Hospital Corporation is an invaluable partner in the healthcare industry.
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Impact
October, 2024
Community Hospital Corporation significantly impacts the healthcare landscape by guiding, supporting, and enhancing the missions of community hospitals and healthcare providers. Based in Plano, Texas, it equips these organizations with vital resources and expertise needed to improve healthcare quality, elevate patient satisfaction, and bolster financial performance. Its commitment ensures that hospitals remain community-operated and governed, which is essential for maintaining local healthcare access.
Through its involvement with various hospitals, including Yoakum Community Hospital, St. Mark’s Medical Center, and others, Community Hospital Corporation fosters a collaborative environment that prioritizes regional healthcare needs. By focusing on community engagement and local governance, CHC helps create tailored healthcare solutions that reflect the unique demographics and requirements of the populations they serve.
Additionally, Community Hospital Corporation plays a critical role in operating Long-Term Acute Care Hospitals through its affiliations, further enhancing the continuum of care available to patients. By addressing the infrastructure and operational challenges faced by community hospitals, CHC ensures that these vital healthcare institutions can thrive amidst evolving industry demands.
This information is meant to be a general summary of Community Hospital Corporation. 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: -$304,369
- Program Service Revenue: $12,273,150
- Gross Receipts: $12,362,787
Assets and Liabilities:
- Total Assets: $27,610,874
- Total Liabilities: $31,057,365
- Net Assets: -$3,446,491
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CORPORATE ALLOCATION
Revenue
$9,466,547
GPO REVENUE
Revenue
$2,806,603
Organization Details
Founding Year
1996
Phone
(972) 943-6400Main Address
7950 LEGACY DRIVE 1000, PLANO, TX, 75024
NTEE Category
Code: E21Z - Health
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