Margaretville Memorial Hospital

Organization Overview

Margaretville Memorial Hospital is located in Margaretville, NY. The organization was established in 1944. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Margaretville Memorial Hospital employed 131 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Margaretville Memorial Hospital is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Margaretville Memorial Hospital generated $15.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $17.5m during the year ending 12/2021. While expenses have increased by 3.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO OPERATE A CRITICAL ACCESS HOSPITAL FOR QUALITY MEDICAL CARE AND DIAGNOSTIC SERVICES TO MEDICALLY UNDESERVED COMMUNITIES IN THE AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MARGARETVILLE MEMORIAL HOSPITAL IS A CRITICAL ACCESS HOSPITAL THAT PROVIDES ACUTE HEALTH CARE SERVICES TO RESIDENTS AND VISITORS TO THE COMMUNITES SERVICED. MARGARETVILLE MEMORIAL HOSPITAL RECORDED 1,280 PATIENT DAYS. 3,331 EMERGENCY ROOM VISITS, 126 OUTPATIENT SURGERIES, 160 DISCHARGES AND 195 INFUSION THERAPIES IN 2021.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Seco Physical Occupational Therap
Consulting
$222,878
Morrison Management Specialists In
Food Services
$517,014
Laboratory Corp Of America
Laboratory Services
$714,797
Crothall
Housekeeping
$306,695
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,613,450
All other contributions, gifts, grants, and similar amounts not included above$27,254
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,640,704
Total Program Service Revenue$12,269,387
Investment income $2,452
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $77,982
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $15,666,335

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Margaretville Memorial Hospital has recieved totaling $169,278.

Awarding OrganizationAmount
Margaretville Health Foundation

Margaretville, NY

PURPOSE: General support

$169,278
View Grant Recipient Profile

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