Mcleod Health Cheraw
- Assets
- $22.3m
- Revenue
- $61.4m
- Investments
- $0.0
- Employees
- 437
- Location
- Florence, SC
- Founding
- 09/2015
- Data as of
- 09/2021
- EIN
- 47-3712858
Organization Overview
Mcleod Health Cheraw is located in Florence, SC. 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 09/2021, Mcleod Health Cheraw employed 437 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mcleod Health Cheraw 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 09/2021, Mcleod Health Cheraw generated $61.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $57.2m during the year ending 09/2021. While expenses have increased by 8.9% per year over the past 6 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
ACUTE CARE HOSPITAL
Describe the Organization's Program Activity:
Part 3 - Line 4a
MCLEOD HEALTH CHERAW IS A 59 BED COMMUNITY HOSPITAL LOCATED IN CHERAW, SOUTH CAROLINA. MCLEOD HEALTH CHERAW OPERATES AS PART OF THE OVERALL MCLEOD HEALTH SYSTEM. SEE ALSO THE COMMUNITY BENEFIT REPORT ON SCHEDULE H.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Foy Connell MD Staff Physician | 40 | $510,550 | |
Timothy Holdredge MD Staff Physician | 40 | $499,612 | |
Andre Dyer MD Staff Physician | 40 | $425,344 | |
Benjamin Weston MD Staff Physician | 40 | $402,258 | |
Benjamin Hinman MD Staff Physician | 40 | $378,947 | |
Daniel G Simpson MD Chief Of Staff/staff Physician | OfficerTrustee | 40 | $358,993 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Qualivis Llc Contract Labor | 9/29/21 | $1,101,691 |
Medical Properties Trust Operation Partn Rent | 9/29/21 | $867,439 |
Therex Llc Dba Kindred Hospital Rehabil Medical Services | 9/29/21 | $749,346 |
American Anesthesiology Of Sc Contract Labor | 9/29/21 | $451,844 |
Weatherby Healthcare Medical Services | 9/29/21 | $409,771 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $98,418 |
| Government grants | $7,069,886 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,168,304 |
| Total Program Service Revenue | $54,059,553 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$32,192 |
| 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 | $61,438,962 |
| 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. | $613,059 |
| Compensation of current officers, directors, key employees. | $27,027 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,818,303 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,461,341 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $94,091 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,284,814 |
| Advertising and promotion | $50,042 |
| Office expenses | $7,116,033 |
| Information technology | $51,607 |
| Royalties | $0 |
| Occupancy | $1,723,333 |
| Travel | $17,944 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,156 |
| Interest | $8,282 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,784,363 |
| Insurance | $711,891 |
| All other expenses | $0 |
| Total functional expenses | $57,222,532 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,156 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,944,037 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $547,474 |
| Prepaid expenses and deferred charges | $612,048 |
| Net Land, buildings, and equipment | $18,086,191 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $38,051 |
| Total assets | $22,315,957 |
| Accounts payable and accrued expenses | $3,649,860 |
| 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 | $21,894,859 |
| Total liabilities | $25,544,719 |
| Net assets without donor restrictions | -$3,228,762 |
| 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 | $22,315,957 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mcleod Health Cheraw has recieved totaling $21,871.
| Awarding Organization | Amount |
|---|---|
Mcleod Medical Center Foundation Florence, SC PURPOSE: HEALTH SERVICES | $21,871 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Piedmont Mountainside Hospital Inc Jasper, GA | $64,178,508 | $116,427,064 |
Halifax Regional Medical Center Inc Roanoke Rapids, NC | $82,510,666 | $101,675,102 |
The Outer Bank Hospital Inc Greenville, NC | $114,163,426 | $117,236,071 |
Phoebe Sumter Medical Center Inc Americus, GA | $158,309,975 | $104,741,740 |
Hughston Hospital Inc Columbus, GA | $85,972,460 | $96,015,417 |
Roper St Francis Hospital-Berkeley Inc Ladson, SC | $140,288,245 | $111,471,895 |
Piedmont Walton Hospital Inc Monroe, GA | $55,011,766 | $113,861,474 |
Unc Rockingham Health Care Inc Eden, NC | $39,584,223 | $64,914,459 |
Navicent Health Baldwin Macon, GA | $43,642,825 | $64,021,397 |
Mcleod Health Cheraw Florence, SC | $22,315,957 | $61,438,962 |
Home & Community Services Inc Gray, GA | $20,053,363 | $49,149,203 |
St Marys Sacred Heart Hospital Inc Lavonia, GA | $24,588,274 | $42,261,595 |