Cheyenne County Hospital Association Inc
- Assets
- $103.3m
- Revenue
- $70.8m
- Investments
- $0.0
- Employees
- 479
- Location
- Sidney, NE
- Founding
- 08/1956
- Data as of
- 12/2021
- EIN
- 47-0408242
Organization Overview
Cheyenne County Hospital Association Inc, operating under the name Sidney Regional Medical Center, is located in Sidney, NE. The organization was established in 1956. 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, Sidney Regional Medical Center employed 479 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sidney 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 12/2021, Sidney Regional Medical Center generated $70.8m 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 $62.2m during the year ending 12/2021. While expenses have increased by 3.7% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO REVOLUTIONIZE HEALTHCARE SERVICES IN THE REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SIDNEY REGIONAL MEDICAL CENTER IS A NOT-FOR-PROFIT ACUTE CARE HOSPITAL WHICH PROVIDES INPATIENT, OUTPATIENT AND EMERGENCY ROOM CARE SERVICE TO PATIENTS IN AND AROUND SIDNEY, NEBRASKA AND THE REGION. IT ALSO OPERATES LONG-TERM CARE FACILITIES AND TWO PROVIDER-BASED RURAL HEALTH CLINICS IN SIDNEY, NEBRASKA.
IN 2021, THE HOSPITAL NURSING DEPARTMENT PROVIDED 2,131 PATIENT DAYS OF CARE, INCLUDING GENERAL INPATIENT, ICU PATIENTS AND SWING BED PATIENTS, AND DELIVERED 83 NEWBORNS FOR THE SEVEN COUNTY AREA THAT SIDNEY REGIONAL MEDICAL CENTER (SRMC) SERVES. SRMC HAD 3,663 PATIENTS SEEK CARE IN THE EMERGENCY DEPARTMENT DURING 2021 AND CARED FOR 263 OBSERVATION PATIENTS WHO NEEDED CARE BUT DID NOT QUALIFY FOR INPATIENT SERVICES UNDER CMS RULES.
THE EXTENDED CARE UNIT PROVIDED CARE FOR AN AVERAGE OF 43 PATIENTS DAILY DURING 2021. SRMC PROVIDED 15,467 RESIDENT DAYS OF CARE FOR IT'S RESIDENTS FROM THE CHEYENNE, DEUEL, KIMBALL AND SURROUNDING AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca L Allard MD Chief Of Staff | Trustee | 40 | $684,896 |
Matthew Jansen MD Doctor | 40 | $633,007 | |
Sara Sholar MD Doctor | 40 | $566,053 | |
James Popovich MD Doctor | 40 | $565,954 | |
Kelly Casey MD Doctor | 40 | $491,236 | |
April Smith MD Doctor | 40 | $399,453 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ge Precision Healthcare Llc Service Contracts | 12/30/21 | $748,373 |
Rural Partners In Medicine Llc Physician Services | 12/30/21 | $2,296,422 |
University Of Colorado Health System Support | 12/30/21 | $874,105 |
Fusion Medical Staffing Llc Temporary Staffing Services | 12/30/21 | $704,869 |
Rural Medical Solutions Llc Implant Services | 12/30/21 | $625,322 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,220,918 |
| All other contributions, gifts, grants, and similar amounts not included above | $128,004 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,348,922 |
| Total Program Service Revenue | $63,840,923 |
| Investment income | $467,466 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $70,779,074 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $28,700 |
| 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. | $1,358,226 |
| Compensation of current officers, directors, key employees. | $223,429 |
| Compensation to disqualified persons | $186,196 |
| Other salaries and wages | $25,512,245 |
| Pension plan accruals and contributions | $798,683 |
| Other employee benefits | $8,691,939 |
| Payroll taxes | $0 |
| Fees for services: Management | $289,740 |
| Fees for services: Legal | $24,124 |
| Fees for services: Accounting | $40,673 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,416,809 |
| Advertising and promotion | $0 |
| Office expenses | $1,251,053 |
| Information technology | $1,246,771 |
| Royalties | $0 |
| Occupancy | $1,198,634 |
| Travel | $85,704 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $120,239 |
| Interest | $1,213,302 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,780,846 |
| Insurance | $746,478 |
| All other expenses | $382,039 |
| Total functional expenses | $62,211,785 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $361,790 |
| Savings and temporary cash investments | $41,877,043 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,892,268 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $462,821 |
| Inventories for sale or use | $1,698,330 |
| Prepaid expenses and deferred charges | $871,738 |
| Net Land, buildings, and equipment | $37,450,147 |
| Investments—publicly traded securities | $9,258,356 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,389,518 |
| Total assets | $103,262,011 |
| Accounts payable and accrued expenses | $6,063,295 |
| Grants payable | $0 |
| Deferred revenue | $4,312,837 |
| Tax-exempt bond liabilities | $7,901,171 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $29,414,730 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,030,865 |
| Total liabilities | $52,722,898 |
| Net assets without donor restrictions | $50,539,113 |
| 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 | $103,262,011 |
Grants Awarded
Over the last fiscal year, Cheyenne County Hospital Association Inc has awarded $23,700 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Sidney, NE PURPOSE: SIDNEY PARK PROJECT | $12,500 |
DICKEY AND ASSOCIATES AUCTIONEERS PURPOSE: YOUTH LIVESTOCK SPONSORSHIP | $11,200 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Cheyenne County Hospital Association Inc has recieved totaling $25,500.
| Awarding Organization | Amount |
|---|---|
In Our Backyards Inc Brooklyn, NY PURPOSE: PROJECT DISBURSEMENT: CHEYENNE COUNTY HOSPITAL | $8,500 |
In Our Backyards Inc Brooklyn, NY PURPOSE: PROJECT DISBURSEMENT: CHEYENNE COUNTY HOSPITAL | $8,500 |
In Our Backyards Inc Brooklyn, NY PURPOSE: PROJECT DISBURSEMENT: CHEYENNE COUNTY HOSPITAL | $8,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Marys Hospital Ozaukee Inc St Louis, MO | $0 | $119,639,290 |
Longmont United Hospital Longmont, CO | $214,203,834 | $134,718,375 |
Fort Madison Community Hospital West Burlington, IA | $0 | $63,917,889 |
Avera Queen Of Peace Mitchell, SD | $173,794,004 | $133,877,982 |
Jane Phillips Memorial Medical Center Inc St Louis, MO | $87,499,100 | $121,263,469 |
Ivinson Memorial Hospital Laramie, WY | $330,710,233 | $138,697,602 |
Methodist Fremont Health Omaha, NE | $109,967,706 | $124,306,426 |
Jennie Edmundson Memorial Hospital Council Bluffs, IA | $159,830,825 | $120,935,401 |
San Luis Valley Regional Medical Center Alamosa, CO | $124,351,894 | $116,651,217 |
Yampa Valley Medical Center Steamboat Springs, CO | $172,296,519 | $125,137,699 |
Ascension Via Christi Hospital Pittsburg Inc St Louis, MO | $71,765,236 | $104,056,265 |
Pella Regional Health Center Pella, IA | $175,318,188 | $109,674,630 |