Overview
What is Sheridan Memorial Hospital Association?
Sheridan Memorial Hospital Association is a nonprofit organization located in Plentywood, Montana, which runs a 19-bed critical access hospital, a 45-bed long-term care facility, and a rural health clinic. Being the sole medical facility in Sheridan County, serving approximately 3,500 residents, SMHA focuses on providing quality healthcare services to the local community, regardless of their ability to pay. One of their significant accomplishments during the fiscal year 2022 was the purchase of new monitoring equipment for the critical access hospital to enhance patient care and replace the old system installed in 2011. Furthermore, the Emergency Medical Services department made improvements by acquiring a new ambulance and implementing a snow removal plan for the airport to facilitate the transportation of critically sick and injured patients to higher levels of care. In total, the organization had 1,049 ED visits, 97 swing bed patients, 2,811 home care visits, 412 hospice cases, and 7,842 clinic visits.
Official website here: www.sheridanmemorial.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Sheridan Memorial Hospital Association has achieved a high rating of 96%, which reflects a strong commitment to accountability and financial transparency. This score indicates that the organization effectively manages its resources, as it has demonstrated excellence in all evaluated areas related to governance and finance. The majority of the board members are independent, ensuring unbiased decision-making and oversight.
The organization excels in maintaining rigorous financial practices, as evidenced by its perfect scores in various metrics, including the management of financial statements and absence of asset diversion. Additionally, its high program expense ratio of 78.69% signifies that a substantial portion of its expenditures directly supports its programs, aligning with the mission of providing healthcare services.
While the data highlights many strengths, no specific limitations were mentioned. The comprehensive approach to governance and fiscal responsibility positions Sheridan Memorial Hospital Association as a reliable choice for donors seeking to support a well-managed nonprofit focused on community health.
This AI summary has been generated from information found on Charity Navigator.
Is Sheridan Memorial Hospital Association legitimate?
Sheridan Memorial Hospital Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sheridan Memorial 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,683,870
For more financial information, click here
Official website here: www.sheridanmemorial.net
What is the mission statement of Sheridan Memorial Hospital Association?
The Sheridan Memorial Hospital Association is dedicated to enhancing the health and well-being of the community it serves by providing quality care, regardless of an individual's ability to pay. This non-profit organization manages a Critical Access Hospital, a Long-Term Care Facility, and a Rural Health Clinic, catering to the population in its area. In the fiscal year 2022, the hospital made significant strides in improving patient care, including purchasing new monitoring systems and equipment for the emergency services department. These advancements aimed to enhance continuous cardiac monitoring, CO2 monitoring, and temperature sensing. The hospital reported a total of 1,158 acute care inpatient admissions, 1,049 ED visits, 97 long-term care admissions, 2,811 home care visits, 412 hospice cases, and 7,842 clinic visits.
Official website here: www.sheridanmemorial.net
Who is the CEO of Sheridan Memorial Hospital Association?
Kody Nelson is the Chair of Sheridan Memorial Hospital Association. The CEO's salary of Sheridan Memorial Hospital Association is $0 and their total compensation is $0.
Official website here: www.sheridanmemorial.net
What is the revenue of Sheridan Memorial Hospital Association?
Sheridan Memorial Hospital Association's revenue in 2022 was $16,110,911.
Official website here: www.sheridanmemorial.net
Who are the executives of Sheridan Memorial Hospital Association and what are their salaries?
The average compensation at Sheridan Memorial Hospital Association during 2022 was $34,631. There are 193 employees and 19 volunteers at Sheridan Memorial Hospital Association.
Here are 13 key members and their salaries (Sheridan Memorial Hospital Association's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $219,098
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- Other: $7,575
- Compensation: $112,843
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- Other: $1,618
- Compensation: $112,597
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- Other: $10,186
- Compensation: $125,747
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- Other: $343
- Compensation: $118,208
- Related: $0
- Other: $9,030
Official website here: www.sheridanmemorial.net
Where can I find the form 990 for Sheridan Memorial Hospital Association?
Sheridan Memorial Hospital Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sheridanmemorial.net
Learn more at the official website: www.sheridanmemorial.net
Mission Statement of Sheridan Memorial Hospital Association
Sheridan Memorial Hospital Association, or SMHA, is a dedicated organization committed to providing quality care that enhances the health and well-being of the people it serves, regardless of their ability to pay. Established in the heart of its community, SMHA operates a critical access hospital, a long-term care facility, and a rural health clinic, making it the sole medical resource for the surrounding area with a population of approximately 3,500 residents.
In pursuit of its mission, SMHA has continually strived to enhance its capabilities and improve patient care. During fiscal year 22, the critical access hospital made significant strides by investing in new Mindray monitors. These modern devices have expanded the hospital's capacity to offer continuous cardiac monitoring, CO2 monitoring, and temperature sensing Foleys, replacing the old system from 2011. Moreover, the Emergency Medical Services department underwent equipment purchases and procedure enhancements. Notable advancements include the acquisition of a new ambulance, set for delivery in fall 2023, and the development of a snow removal plan for the airport to facilitate the transport of critically ill and injured patients to higher levels of care.
Throughout the fiscal year, SMHA recorded impressive volume indicators, reflecting its commitment to providing comprehensive care. In total, the organization admitted 108 acute care inpatients, welcomed 1,049 ED visits, cared for 97 swing bed patients, managed 2,811 home care visits, and served 412 hospice patients. Additionally, the clinic recorded 7,842 visits, underscoring the extensive reach of SMHA's healthcare services.
Therefore, Sheridan Memorial Hospital Association stands as a beacon of hope and care for its community, continually striving to provide the best possible care and enhance the overall health and well-being of its residents.
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Impact
October, 2024
Sheridan Memorial Hospital Association (SMHA) plays a vital role in enhancing healthcare access and quality in Sheridan County, which is home to approximately 3,500 residents. Operating a 19-bed critical access hospital, a 45-bed long-term care facility, and a rural health clinic, SMHA serves as the only medical facility in the area, ensuring that essential health services are readily available to the community.
In recent fiscal years, SMHA has made significant strides in improving patient care. For instance, the installation of new Mindray monitors at the critical access hospital enhances continuous cardiac monitoring and CO2 observation, significantly upgrading the department's capabilities. Furthermore, the Emergency Medical Services (EMS) department has invested in new equipment, including a new ambulance set to be delivered by fall 2023, and has developed a snow removal plan for the local airport to facilitate timely evacuations for critically ill patients.
SMHA’s impact is reflected in its patient care volumes, with notable statistics including 1,049 emergency department visits, 108 acute care inpatient admissions, and 7,842 clinic visits in the past year. Additionally, the association has provided extensive home care services, evidenced by 2,811 visits, and 412 hospice care experiences.
Overall, Sheridan Memorial Hospital Association is a cornerstone of public health in the region, dedicated to improving the health and well-being of the community it serves, regardless of individuals' ability to pay.
This information is meant to be a general summary of Sheridan Memorial 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: $92,890
- Program Service Revenue: $15,411,919
- Gross Receipts: $16,150,853
Assets and Liabilities:
- Total Assets: $10,733,629
- Total Liabilities: $3,722,815
- Net Assets: $7,010,814
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENUE
Revenue
$14,156,232
340B REVENUE
Revenue
$531,500
OTHER OPERATING REVENUE
Revenue
$505,043
CONTRACT REVENUE
Revenue
$219,144
Organization Details
Founding Year
1920
Phone
(406) 765-3700Principal Officer
Kody Nelson
Main Address
440 W LAUREL AVENUE, PLENTYWOOD, MT, 59254
Website
www.sheridanmemorial.netNTEE Category
Code: E220 - Health
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