Community Health Systems Inc
- Assets
- $71.1m
- Revenue
- $67.5m
- Investments
- $0.0
- Employees
- 385
- Location
- Beckley, WV
- Founding
- 12/1967
- Data as of
- 03/2024
- EIN
- 55-0490878
Organization Overview
Community Health Systems Inc is located in Beckley, WV. The organization was established in 1967. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 03/2024, Community Health Systems Inc employed 385 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Health Systems 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 03/2024, Community Health Systems Inc generated $67.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $59.2m during the year ending 03/2024. While expenses have increased by 6.1% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY HEALTH CENTER AND PHARMACY
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE RESIDENTS OF RALEIGH COUNTY, WV AND SURROUNDING COMMUNITIES MEDICAL CARE FOR THOSE WHO ARE FACED WITH FINANCIAL BURDENS AND OTHER BARRIERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Hazuka President | OfficerTrustee | 1 | $0 |
Rebecca Lively Vice-President | OfficerTrustee | 1 | $0 |
Larry Misiti Treasurer | OfficerTrustee | 1 | $0 |
Maura Johnson Secretary | OfficerTrustee | 1 | $0 |
Carolyn Dilorenzo Director | Trustee | 1 | $825 |
Carl Bowman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,501,516 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,996 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,517,512 |
| Total Program Service Revenue | $60,111,936 |
| Investment income | $803,969 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $21,134 |
| 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 | $67,513,738 |
| 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. | $3,936,756 |
| Compensation of current officers, directors, key employees. | $457,451 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,623,502 |
| Pension plan accruals and contributions | $1,239,723 |
| Other employee benefits | $5,203,111 |
| Payroll taxes | $1,776,489 |
| 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 | $961,418 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $2,280,436 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $97,118 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $82,462 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $818,943 |
| Insurance | $218,306 |
| All other expenses | $514,896 |
| Total functional expenses | $59,181,323 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,451,020 |
| Savings and temporary cash investments | $646,294 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,423,241 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $783,555 |
| Prepaid expenses and deferred charges | $289,669 |
| Net Land, buildings, and equipment | $19,275,057 |
| Investments—publicly traded securities | $23,788,397 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,439,565 |
| Total assets | $71,096,798 |
| Accounts payable and accrued expenses | $6,761,737 |
| 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 | $1,246,486 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,736,001 |
| Total liabilities | $9,744,224 |
| Net assets without donor restrictions | $61,352,574 |
| 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 | $71,096,798 |