Bon Secours Hampton Roads Health Systems Llc
- Assets
- $1.0
- Revenue
- $515.0
- Investments
- $0.0
- Employees
- 0
- Location
- Suffolk, VA
- Founding
- 03/1946
- Data as of
- 12/2019
- EIN
- 52-1538513
Organization Overview
Bon Secours Hampton Roads Health Systems Llc is located in Suffolk, VA. The organization was established in 1946. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Bon Secours Hampton Roads Health Systems Llc 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 12/2019, Bon Secours Hampton Roads Health Systems Llc generated $515.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (60.8%) each year. All expenses for the organization totaled $1.0k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (95.4%) per year over the past 2 years. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
BON SECOURS HAMPTON ROADS HEALTH SYSTEM , INC. IS THE HAMPTON ROADS MARKET PARENT, AND IT HOLDS THE DISREGARDED ENTITY HAMPTON ROADS GOOD HELP ACO, LLC, AN ACCOUNTABLE CARE ORGANIZATION (ACO).
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTS THE SUBSIDIARY MEMBERS OF THE BON SECOURS HAMPTON ROADS HEALTH SYSTEM, INC. IN THEIR EFFORT TO PROVIDE COMPASSIONATE, QUALITY HEALTHCARE SERVICES TO THOSE IN NEED, INCLUDING THE POOR AND DYING, FOR THE PURPOSE OF ALLEVIATING HUMAN SUFFERING AND BRINGING PEOPLE TO WHOLENESS IN THE MIDST OF PAIN AND LOSS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arthur Collins Chairman | OfficerTrustee | 3 | $0 |
Michael Kerner Secretary/ceo-Bshr (end 09/17) | OfficerTrustee | 2 | $0 |
Br Arthur Caliman President - Bshr/dmc/mmc/mncc | OfficerTrustee | 2 | $0 |
Mark Nantz Secretary/int. Ceo-Bshr (09/17-05/18) | OfficerTrustee | 2 | $0 |
Amy Carrier Secretary, President-Bshr (beg 05/18) | Officer | 2 | $0 |
Michael Dooley Interim VP Finance (end 09/17) | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $515 |
| 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 | $515 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $970 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $42 |
| Total functional expenses | $1,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bon Secours Hampton Roads Health Systems Llc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
American Cancer Society Inc Kennesaw, GA PURPOSE: BREAST EDUCATION AND HEALTH | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North Carolina Health Care Facilities Association Raleigh, NC | $7,250,917 | $10,174,822 |
Adventist Healthcare Urgent Care Centers Inc Gaithersburg, MD | $14,130,477 | $7,741,186 |
Community Access Network Inc Lynchburg, VA | $3,366,772 | $9,205,498 |
Memorial Foundation Inc Hendersonville, TN | $144,950,295 | $26,657,914 |
The Urban Child Institute Memphis, TN | $142,913,369 | $7,151,914 |
Triad Health Systems Inc Warsaw, KY | $7,319,417 | $8,634,969 |
Blue Ridge Healthcare Systems Inc Morganton, NC | $118,344,901 | $7,568,628 |
Granville Health Inc Oxford, NC | $57,936 | $7,607,147 |
Charlotte Community Health Clinic Inc Charlotte, NC | $4,027,705 | $6,375,972 |
Montgomery County Collaboration Council Rockville, MD | $3,343,828 | $5,705,798 |
Mid-Valley Healthcare Inc Wheeling, WV | $0 | $3,750,883 |
Gbmc Healthcare Inc Baltimore, MD | $760,895,419 | $3,121,010 |