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 06/2021, 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 06/2021, Salem Regional Medical Center generated $130.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $104.6m during the year ending 06/2021. 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
2021
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 2021, SRMC PROVIDED COMPREHENSIVE HEALTHCARE SERVICES INCLUDING: 2,842 ADMISSIONS; 2,968 SURGERIES; AND 18,850 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 2021, COSTS INCURRED BY SRMC FOR UNPAID COSTS OF THE MEDICAID PROGRAM WERE $2,736,150 AND UNREIMBURSED COSTS FROM OTHER GOVERNMENTAL PROGRAMS WERE $1,950,397. 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 $560,708 TO PATIENTS WHO QUALIFIED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Anita Hackstedde President/ceo | Officer | 35 | $416,644 |
Mike Giangardella VP Finance/administration | Officer | 38 | $218,906 |
Keith Meredith VP Clinical Operations | Officer | 40 | $168,596 |
Sue Bryarly Director Of Pharmacy | 40 | $143,254 | |
Deborah Pietrzak Asst VP Marketing & Planning | 40 | $127,638 | |
Diane Spalding Pharmacist | 40.5 | $124,047 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Laboratory Corporation Of America Laboratory Services | 6/29/21 | $728,854 |
Xanitos Housekeeping Services | 6/29/21 | $1,752,996 |
Northstar Anesthesia Medical Services | 6/29/21 | $1,706,895 |
Avi Food Systems Food Services/vending | 6/29/21 | $1,335,700 |
University Hospitals Medical Services | 6/29/21 | $1,061,718 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $7,591,650 |
All other contributions, gifts, grants, and similar amounts not included above | $33,758 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,625,408 |
Total Program Service Revenue | $112,202,916 |
Investment income | $10,193,406 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $23,321 |
Net Gain/Loss on Asset Sales | $89,289 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $130,270,087 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $948,044 |
Compensation of current officers, directors, key employees. | $948,044 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $30,766,720 |
Pension plan accruals and contributions | $2,507,266 |
Other employee benefits | $4,610,088 |
Payroll taxes | $2,308,937 |
Fees for services: Management | $194,516 |
Fees for services: Legal | $170,134 |
Fees for services: Accounting | $80,842 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $14,246,856 |
Advertising and promotion | $149,404 |
Office expenses | $2,827,366 |
Information technology | $2,621,206 |
Royalties | $0 |
Occupancy | $2,224,593 |
Travel | $33,864 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,043,907 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $9,489,241 |
Insurance | $344,850 |
All other expenses | $164,610 |
Total functional expenses | $104,591,146 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,519,420 |
Savings and temporary cash investments | $12,032,805 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $10,028,619 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,878,717 |
Prepaid expenses and deferred charges | $3,868,883 |
Net Land, buildings, and equipment | $75,973,649 |
Investments—publicly traded securities | $177,739,959 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $290,042,052 |
Accounts payable and accrued expenses | $9,923,791 |
Grants payable | $0 |
Deferred revenue | $100,000 |
Tax-exempt bond liabilities | $40,472,530 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $64,956 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $13,331,983 |
Total liabilities | $63,893,260 |
Net assets without donor restrictions | $226,148,792 |
Net assets with donor restrictions | $0 |
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 | $290,042,052 |
Over the last fiscal year, we have identified 1 grants that Salem Community Hospital has recieved totaling $96,237.
Awarding Organization | Amount |
---|---|
The Research And Educational Foundation Of The Ohio Hospital Columbus, OH PURPOSE: COVID-19 preparedness and response activities | $96,237 |
Organization Name | Assets | Revenue |
---|---|---|
Presbyterian Medical Center Of The University Of Pennsylvania Health Philadelphia, PA | $864,132,692 | $1,007,924,819 |
Deaconess Hospital Inc Evansville, IN | $1,921,220,397 | $1,102,144,618 |
Kettering College Miamisburg, OH | $1,728,903,615 | $1,055,020,178 |
Abington Memorial Hospital Philadelphia, PA | $948,017,930 | $858,404,541 |
Saint Joseph Health System Inc Lexington, KY | $961,743,109 | $864,115,504 |
Covenant Medical Center Inc Saginaw, MI | $1,038,790,282 | $776,913,978 |
Uofl Health-Louisville Inc Louisville, KY | $577,142,236 | $950,019,808 |
Tower Health Reading, PA | $1,567,530,050 | $562,187,138 |
Cabell Huntington Hospital Inc Huntington, WV | $1,087,986,142 | $722,910,695 |
Allegiance Health Jackson, MI | $830,742,312 | $709,583,429 |
Pennsylvania Hospital Of The Univ Of Pennsylvania Health System Philadelphia, PA | $773,767,590 | $678,080,811 |
Indiana University Health Bloomingon Inc Indianapolis, IN | $990,966,337 | $700,343,585 |