Lakeland Community Hospital Inc

Organization Overview

Lakeland Community Hospital Inc is located in Haleyville, AL. The organization was established in 2015. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2023, Lakeland Community Hospital Inc employed 290 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakeland Community Hospital Inc 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 12/2023, Lakeland Community Hospital Inc generated $19.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $22.1m during the year ending 12/2023. While expenses have increased by 4.1% per year over the past 8 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

LAKELAND COMMUNITY HOSPITAL, INC. SEEKS TO IMPROVE THE DELIVERY OF HEALTHCARE SERVICES IN RURAL AMERICA BY GIVING LOCAL HEALTHCARE ORGANIZATIONS AN ALTERNATIVE TO FOR-PROFIT HOSPITAL COMPANIES OR TERTIARY HEALTH SYSTEMS THAT VIEW RURAL HOSPITALS AS REFERRAL SOURCES AND WHICH ARE AGGRESSIVELY DIVESTING OR EVEN CLOSING DISTRESSED RURAL HOSPITALS. LAKELAND COMMUNITY HOSPITAL, INC. HAS CREATED A NONPROFIT HEALTHCARE SYSTEM THAT FOCUSES ON STABILIZING RURAL HOSPITALS BY PROVIDING THEM WITH RURAL HEALTHCARE MANAGEMENT EXPERTISE AND MORE EFFICIENT, LOW COST SERVICES THAT ARE TRADITIONALLY ONLY AVAILABLE THROUGH LARGER HEALTHCARE SYSTEMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEEKS TO IMPROVE THE DELIVERY OF HEALTHCARE SERVICES IN RURAL AMERICA BY GIVING LOCAL HEALTHCARE ORGANIZATIONS AN ALTERNATIVE TO FOR-PROFIT HOSPITAL COMPANIES OR TERTIARY HEALTH SYSTEMS THAT VIEW RURAL HOSPITAL AS REFERRAL SOURCES AND WHICH ARE AGGRESSIVELY DIVESTING OR EVEN CLOSING DISTRESSED RURAL HOSPITALS.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Chariman Of Board
$0
Name Not Listed
Board Member (half Year)
$0
Name Not Listed
Board Member
$0
Name Not Listed
Board Member
$0
Name Not Listed
Board Member (half Year)
$0
Name Not Listed
Board Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Manly J Sullivan Md
Er Physician Services
$344,065
Minh Huynh Md
Er Physician Services
$345,570
Tennessee Valley Medical Solutions
Billing Services
$252,786
John D Nall Md Llc
Er Physician Services
$185,755
Wallace Jake Seay Jr Md
Er Physician Services
$158,880
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$11,946
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$11,946
Total Program Service Revenue$17,223,862
Investment income $0
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 $19,887,121

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