Salem Community Hospital

Organization Overview

Salem Community Hospital, operating under the name Salem Regional Medical Center, is located in Salem, OH. The organization was established in 1969. 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, Salem Regional Medical Center employed 812 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salem Regional Medical Center 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, Salem Regional Medical Center generated $130.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $112.3m during the year ending 06/2022. While expenses have increased by 0.8% 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

SALEM REGIONAL MEDICAL CENTER (SRMC) IS AN 87-BED, NOT-FOR-PROFIT RURAL FACILITY, WHICH PROVIDES A CONTINUUM OF MEDICAL SERVICES TO THE RESIDENTS OF COLUMBIANA AND SOUTHERN MAHONING COUNTIES, INCLUDING INPATIENT AND OUTPATIENT MEDICAL AND SURGICAL CARE, ORTHOPEDICS AND INTENSIVE CARE. THE HOSPITAL ALSO OPERATES A FULL-TIME 24-HOUR EMERGENCY DEPARTMENT, AND TREATS ALL PATIENTS REQUIRING MEDICAL CARE, IRRESPECTIVE OF THEIR FINANCIAL MEANS. THE HOSPITAL PROVIDES ITS SERVICES FREE OF CHARGE OR ON A SLIDING SCALE TO UNINSURED/UNDERINSURED PATIENTS, REGARDLESS OF RACE, CREED, ORIGIN, HANDICAP, AGE OR ABILITY TO PAY.; IN SUPPORT OF ITS MISSION- "TO SERVE. TO CARE. TO HEAL."

Describe the Organization's Program Activity:

Part 3 - Line 4a

SRMC'S MISSION AND PURPOSE IS ACHIEVED BY PROVIDING QUALITY CARE TO THE SICK AND INJURED ON BOTH AN INPATIENT AND OUTPATIENT BASIS, WHILE ADDRESSING OUR PATIENTS' HEALTHCARE NEEDS AT EACH LIFE STAGE, WITHIN OUR AVAILABLE RESOURCES. THE MEDICAL CENTER SEEKS TO PROVIDE A BROAD RANGE OF DIAGNOSTIC, INPATIENT, OUTPATIENT AND EMERGENCY SERVICES APPROPRIATE FOR A COMMUNITY HOSPITAL, WHILE ENSURING THAT SUFFICIENT, HIGH-QUALITY PRIMARY AND SPECIALTY PHYSICIAN SERVICES ARE AVAILABLE AND ACCESSIBLE TO RESIDENTS OF OUR SERVICE AREA. DURING FISCAL YEAR 2022, SRMC PROVIDED COMPREHENSIVE HEALTHCARE SERVICES INCLUDING: 2,454 ADMISSIONS; 2,632 SURGERIES; AND 19,620 EMERGENCY DEPARTMENT VISITS. IN SUPPORT OF THIS COMMITMENT, SRMC OPERATES A FULL-TIME, 24-HOUR EMERGENCY DEPARTMENT, AND TREATS ALL PATIENTS REQUIRING EMERGENCY MEDICAL CARE, IRRESPECTIVE OF THEIR FINANCIAL MEANS. THE MEDICAL CENTER ALSO ACCEPTS ALL PATIENTS COVERED BY MEDICARE, MEDICAID AND GENERAL ASSISTANCE. FOR FISCAL YEAR 2022, COSTS INCURRED BY SRMC FOR UNPAID COSTS OF THE MEDICAID PROGRAM WERE $3,374,758 AND UNREIMBURSED COSTS FROM OTHER GOVERNMENTAL PROGRAMS WERE $1,870,067. THESE COMMUNITY BENEFITS, ARISING FROM PATIENT CARE PROVIDED BY SRMC ARE DOCUMENTED TO HELP TO RELIEVE A GOVERNMENTAL FINANCIAL AND PROGRAMMATIC BURDEN AS EVIDENCED THROUGH THE MEDICAL CENTER'S CHARITABLE PURPOSE. THE ORGANIZATION ALSO PROVIDED CHARITABLE SUPPORT AT A COST OF $488,301 TO PATIENTS WHO QUALIFIED.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Xanitos
Housekeeping Services
$1,726,044
Northstar Anesthesia
Medical Services
$1,648,193
Avi Food Systems
Food Services/vending
$1,569,246
Wilmot Sanz
Architectural Services
$1,041,900
Maxim Healthcare Services
Staffing Services
$1,027,021
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $4,276,919
All other contributions, gifts, grants, and similar amounts not included above$118,725
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,395,644
Total Program Service Revenue$115,584,992
Investment income $9,911,843
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $51,416
Net Gain/Loss on Asset Sales $6,000
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $130,117,128

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