Overview
What is Goleta Valley Cottage Hospital?
Goleta Valley Cottage Hospital is a 52-bed acute-care facility based in the City of Goleta, California. In 2022, the hospital reported 2,496 patient days and served over 62,000 outpatients, including 23,000 emergency cases. With a commitment to ensuring access to healthcare for all, uninsured patients are screened for government assistance and aided in application processes. Goleta Valley Cottage Hospital extends its support beyond patient care, allocating funds for community health programs, financial assistance, and external grants. These grants focus on addressing specific community needs for at-risk populations, such as indigent health, substance abuse recovery, elderly care, and family counseling. The hospital also invests in nursing education, health fairs, and community flu shot provisions. Dedicated to excellence, integrity, and compassion, Goleta Valley Cottage Hospital's mission is to enhance the overall health and wellbeing of its communities.
Official website here: www.cottagehealth.org/locations/goleta-valley-cottage-hospital
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Goleta Valley Cottage Hospital has achieved an impressive 96% rating, reflecting strong accountability and finance practices. This organization stands out with 100% of its board members being independent, which is a positive indicator of governance. The audit and oversight committee has been noted for its thoroughness, and the hospital maintains a clean record with no material diversion of assets.
The financial health of Goleta Valley Cottage Hospital is robust, as evidenced by a low liabilities to assets ratio of 4.84%. Their program expense ratio is also commendable at 88.27%, indicating a significant portion of their funds is directed toward their programs rather than administrative costs. This focus on program delivery suggests a commitment to their mission and the well-being of the community they serve.
Despite its strengths, the summary does not highlight specific programmatic outcomes or community impact metrics, which could provide a more comprehensive view of the hospital's effectiveness. Overall, the financial and governance metrics indicate a well-managed organization, but additional information on its operational achievements would enhance understanding of its contributions to the community.
This AI summary has been generated from information found on Charity Navigator.
Is Goleta Valley Cottage Hospital legitimate?
Goleta Valley Cottage Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goleta Valley Cottage Hospital 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: $1,260,197
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,010,860
For more financial information, click here
Official website here: www.cottagehealth.org/locations/goleta-valley-cottage-hospital
What is the mission statement of Goleta Valley Cottage Hospital?
Goleta Valley Cottage Hospital is dedicated to delivering excellent healthcare to the community through a strong commitment to integrity and compassion. Their mission is to enhance the overall healthcare standard and improve the health and wellbeing of the population they serve. The hospital offers a broad spectrum of inpatient and outpatient services, catering to various health needs including cardiac, orthopedic, wound care, breast care, and emergency services. They ensure that uninsured patients receive the necessary assistance, helping them apply for government health programs or financial aid when needed. The hospital invests in community health initiatives, providing critical funding for programs addressing specific population needs, such as indigent health, substance abuse recovery, elderly care, and family counseling. Additionally, they support nursing education, health fairs, and flu shot provision within the community. In 2022, the hospital invested over $17.7 million in community benefit programs.
Official website here: www.cottagehealth.org/locations/goleta-valley-cottage-hospital
Who is the CEO of Goleta Valley Cottage Hospital?
Unavailable The CEO's salary of Goleta Valley Cottage Hospital is $0 and their total compensation is $1,899,989.
Official website here: www.cottagehealth.org/locations/goleta-valley-cottage-hospital
What is the revenue of Goleta Valley Cottage Hospital?
Goleta Valley Cottage Hospital's revenue in 2022 was $117,551,628.
Official website here: www.cottagehealth.org/locations/goleta-valley-cottage-hospital
Who are the executives of Goleta Valley Cottage Hospital and what are their salaries?
The average compensation at Goleta Valley Cottage Hospital during 2022 was $85,338. There are 343 employees and 102 volunteers at Goleta Valley Cottage Hospital.
Here are 31 key members and their salaries (Goleta Valley Cottage Hospital's CEO's salary is $0 and their total compensation is $1,899,989):
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- Related: $453,374
- Other: $37,556
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- Related: $614,726
- Other: $92,852
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- Related: $1,049,601
- Other: $162,968
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- Related: $1,816,036
- Other: $83,953
- Compensation: $593,150
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- Other: $128,846
- Compensation: $257,831
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- Other: $63,135
- Compensation: $237,658
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- Other: $31,112
- Compensation: $288,436
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- Other: $51,386
- Compensation: $222,554
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- Other: $48,623
- Compensation: $211,516
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- Other: $53,722
- Compensation: $195,117
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- Other: $50,088
- Compensation: $252,666
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- Other: $41,044
Official website here: www.cottagehealth.org/locations/goleta-valley-cottage-hospital
Where can I find the form 990 for Goleta Valley Cottage Hospital?
Goleta Valley Cottage Hospital's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cottagehealth.org/locations/goleta-valley-cottage-hospital
Learn more at the official website: www.cottagehealth.org/locations/goleta-valley-cottage-hospital
Mission Statement of Goleta Valley Cottage Hospital
Goleta Valley Cottage Hospital is a dedicated healthcare provider, committed to enhancing the wellbeing of communities through superior care and a steadfast dedication to the values of excellence, integrity, and compassion. This mission drives the hospital to deliver a broad range of inpatient and outpatient services, catering to various medical needs such as cardiac, orthopedic, wound care, breast care, and emergency services.
Goleta Valley Cottage Hospital's unwavering commitment to healthcare access extends to patients without insurance. The hospital ensures that these individuals are screened for eligibility in government health programs and assisted in applying for financial assistance. Despite facing shortfalls in Medicare, Medi-Cal, and indigent care, the hospital continues to invest in community benefit programs, providing critical funding for initiatives focused on indigent health, substance abuse recovery, elderly care, and family counseling.
Additionally, Goleta Valley Cottage Hospital supports various community initiatives, such as nursing education, health fairs, and the provision of flu shots. In 2022, the hospital spent over $17.7 million on these programs, demonstrating their deep-rooted dedication to enhancing the overall health and wellbeing of the communities they serve.
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Impact
October, 2024
Goleta Valley Cottage Hospital plays a vital role in enhancing the health and well-being of the Santa Barbara community. As a 52-bed acute-care facility, it provides comprehensive healthcare services that include cardiac, orthopedic, wound care, and emergency services. In 2022 alone, the hospital recorded 2,496 patient days and managed 62,154 outpatient visits, demonstrating its significance as a healthcare provider for both inpatient and outpatient needs.
The hospital is dedicated to ensuring all patients have access to care, offering support and assistance for those without insurance to apply for government health programs and financial assistance. This commitment to accessibility reflects its mission to improve healthcare outcomes within the community, especially for vulnerable populations.
In addition to direct patient care, Goleta Valley Cottage Hospital invests heavily in community health initiatives. In 2022, it allocated over $17.7 million to community benefit programs, which include support for nursing education, health fairs, and flu vaccination clinics. Furthermore, the hospital addresses specific community needs through external grants focused on at-risk populations, such as that for indigent health, substance abuse recovery, and family counseling.
By prioritizing excellence, integrity, and compassion in all its operations, Goleta Valley Cottage Hospital not only addresses immediate healthcare needs but also fosters long-term health improvements and educational support for the broader community.
This information is meant to be a general summary of Goleta Valley Cottage Hospital. 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: $4,489,679
- Program Service Revenue: $111,932,983
- Gross Receipts: $133,599,480
Assets and Liabilities:
- Total Assets: $238,193,880
- Total Liabilities: $11,560,662
- Net Assets: $226,633,218
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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
Revenue
$108,760,695
CA HOSPITAL FEE PROGRAM
Revenue
$3,172,288
Organization Details
Founding Year
1965
Phone
(805) 287-6903Main Address
PO BOX 689 Attn Finance Dept, Santa Barbara, CA, 931020689
NTEE Category
Code: E220 - Health
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