Troy Community Hospital Incorporated
- Assets
- $58.0m
- Revenue
- $34.5m
- Investments
- $4.0k
- Employees
- 189
- Location
- Troy, PA
- Founding
- 03/1954
- Data as of
- 06/2022
- EIN
- 24-0800337
Organization Overview
Troy Community Hospital Incorporated is located in Troy, PA. The organization was established in 1954. 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 06/2022, Troy Community Hospital Incorporated employed 189 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Troy Community Hospital Incorporated 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 06/2022, Troy Community Hospital Incorporated generated $34.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $26.1m during the year ending 06/2022. While expenses have increased by 4.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PROVISION OF CHARITABLE HEALTHCARE SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS RACE, COLOR, CREED, SEX, NATIONAL ORIGIN OR ABILITY TO PAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TROY COMMUNITY HOSPITAL IS A 25-BED, SHORT-TERM STAY CRITICAL ACCESS HOSPITAL AND OFFERS A WIDE RANGE OF INPATIENT AND OUTPATIENT SERVICES INCLUDING DIAGNOSTIC TESTING, REHABILITATION, MEDICAL AND SURGICAL CARE. TROY COMMUNITY HOSPITAL ALSO MAINTAINS 24-HOUR EMERGENCY SERVICES, AS WELL AS VERY SUCCESSFUL SUB-ACUTE AND VENTILATOR MANAGEMENT PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul G Vervalin Director - Evp/coo Tgc | Trustee | 55 | $0 |
Francis M Macafee CFO | Officer | 55 | $0 |
Jeffrey S Jenkins Dir-Sr Dir Post Acute Care Ghc | Trustee | 55 | $0 |
Brenda L Boor Manager, Nursing | 55 | $155,778 | |
Jennifer Fleury Registered Nurse | 55 | $151,260 | |
Lori Barnett Director - President | OfficerTrustee | 55 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Emcare Physician Services Inc Ed Physician Srvcs | 6/29/19 | $1,278,686 |
Stryker Sales Corporation Contractor Services | 6/29/19 | $277,017 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $736,482 |
| All other contributions, gifts, grants, and similar amounts not included above | $272,643 |
| Noncash contributions included in lines 1a–1f | $122 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,009,125 |
| Total Program Service Revenue | $33,431,772 |
| Investment income | $11,077 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,578 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $34,517,734 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,391,663 |
| Pension plan accruals and contributions | $369,821 |
| Other employee benefits | $1,438,798 |
| Payroll taxes | $593,620 |
| Fees for services: Management | $3,478,221 |
| Fees for services: Legal | $55 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $1,748 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,510 |
| Fees for services: Other | $6,013,212 |
| Advertising and promotion | $786 |
| Office expenses | $698,169 |
| Information technology | $363,961 |
| Royalties | $0 |
| Occupancy | $442,808 |
| Travel | $4,942 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,551 |
| Interest | $685,922 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,594,413 |
| Insurance | $74,134 |
| All other expenses | $0 |
| Total functional expenses | $26,109,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,368,593 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $145,077 |
| Prepaid expenses and deferred charges | $326,984 |
| Net Land, buildings, and equipment | $17,600,091 |
| Investments—publicly traded securities | $1,007,721 |
| Investments—other securities | $3,966 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $34,574,600 |
| Total assets | $58,027,032 |
| Accounts payable and accrued expenses | $3,311,737 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $37,796,483 |
| Total liabilities | $41,108,220 |
| Net assets without donor restrictions | $16,425,634 |
| Net assets with donor restrictions | $493,178 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $58,027,032 |