Chatham Hospital Inc is located in Siler City, NC. The organization was established in 1939. 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 06/2021, Chatham Hospital Inc employed 292 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chatham 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 06/2020, Chatham Hospital Inc generated $44.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $46.1m during the year ending 06/2020. While expenses have increased by 3.5% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE HEALTH AND WELL-BEING OF THOSE WE SERVE THROUGH QUALITY, EQUITABLE HEALTHCARE AND TO BUILD PARTNERSHIPS WITHIN OUR DIVERSE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHATHAM HOSPITAL IS A 25-BED CRITICAL ACCESS HOSPITAL LOCATED IN SILER CITY, NC THAT IS PART OF THE UNC HEALTH SYSTEM. WITH A LONG HISTORY OF PROVIDING HIGH QUALITY HEALTH CARE TO THE RESIDENTS OF CHATHAM AND SURROUNDING COUNTIES, CHATHAM HOSPITAL HAS RECEIVED MULTIPLE FIVE-STAR RATINGS FOR PATIENT EXPERIENCE FROM THE CENTERS FOR MEDICARE & MEDICAID SERVICES. THE HOSPITAL, ACCREDITED BY THE JOINT COMMISSION, PROVIDES SURGICAL, MEDICAL, PEDIATRIC, MATERNITY AND EMERGENCY SERVICES. COMMUNITY BASED OUTPATIENT SERVICES IN THE AREA OF DIABETES EDUCATION, LABORATORY, PHYSICAL THERAPY, OCCUPATIONAL THERAPY, SPEECH THERAPY, IMAGING, CARDIAC REHABILITATION AND PULMONARY REHABILITATION ARE ALSO OFFERED. AS A CRITICAL ACCESS HOSPITAL, CHATHAM HOSPITAL IS ABLE TO UTILIZE BEDS, TO NOT ONLY MEET THE NEEDS OF ACUTE PATIENT CARE, BUT TO ALSO PROVIDE POST-ACUTE CARE TO PATIENTS WHO NO LONGER REQUIRE ACUTE MEDICAL CARE, BUT NEED ADDITIONAL TIME AND CARE FOR STRENGTHENING AND RECOVERY BEFORE RETURNING HOME. THE 10-BED EMERGENCY DEPARTMENT PROVIDES FULL-SERVICE AROUND THE CLOCK CARE TO MORE THAN 1,200 ADULTS AND CHILDREN EACH MONTH. UNC HEALTH BASES A HELICOPTER FOR TRANSPORT ON THE GROUNDS OF CHATHAM HOSPITAL. IN SEPTEMBER 2020, CHATHAM HOSPITAL OPENED A $2.6 MILLION MATERNITY CARE CENTER. THE CHATHAM HOSPITAL MATERNITY CARE CENTER IS CLOSE TO HOME AND PROVIDES COMPASSIONATE AND EXPERT CARE FOR MOTHERS AND THEIR NEWBORNS. THE OPENING IS THE FIRST TIME SINCE 1992 THAT CHATHAM HOSPITAL HAS OFFERED MATERNITY SERVICES. DESPITE MANY RURAL HEALTHCARE FACILITIES CLOSING MATERNITY CARE WARDS ACROSS THE NATION, CHATHAM HOSPITAL'S VENTURE IS PART OF UNC HEALTH'S RURAL CARE INITIATIVE. THIS SYSTEM INITIATIVE IS DESIGNED TO BRING MUCH NEEDED SERVICES TO WHERE PATIENTS LIVE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donna Sessoms Director Of Surgical Services | 40 | $116,225 | |
Sanjay Kc Pharmacy Coordinator | 40 | $113,798 | |
Warren Stinson Director Of Emergency Services | 40 | $113,534 | |
Hans Meth Dir Of Clinical Business Ops | 40 | $113,379 | |
Scott Ratcliff Director Of Imaging Services | 40 | $111,911 | |
Jeff Strickler President & CEO | OfficerTrustee | 60 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Williams Realty Building General Contracting | 6/29/21 | $1,587,009 |
Sightpath Medical Llc Opthalmic Services | 6/29/21 | $222,595 |
Sodexo Inc And Affiliates Housekeeping Service | 6/29/21 | $393,266 |
Ellington Son Contracting Contracting Services | 6/29/21 | $211,232 |
Weiser Security Services Inc Security Services | 6/29/21 | $202,273 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $272,565 |
Investment income | $34,947 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $445,012 |
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 | $44,313,104 |
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 | $10,828,456 |
Pension plan accruals and contributions | $344,851 |
Other employee benefits | $1,267,589 |
Payroll taxes | $691,331 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $7,855 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $12,480,459 |
Advertising and promotion | $5,654 |
Office expenses | $465,162 |
Information technology | $7,949 |
Royalties | $0 |
Occupancy | $788,242 |
Travel | $134,173 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $787 |
Interest | $395,329 |
Payments to affiliates | $2,729,642 |
Depreciation, depletion, and amortization | $1,769,905 |
Insurance | $313,487 |
All other expenses | $0 |
Total functional expenses | $46,100,577 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $595 |
Savings and temporary cash investments | $2,012,806 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $3,663,073 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $808,021 |
Prepaid expenses and deferred charges | $1,294,124 |
Investments—publicly traded securities | $0 |
Investments—other securities | $522,409 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $25,669,520 |
Accounts payable and accrued expenses | $6,848,422 |
Grants payable | $0 |
Deferred revenue | $206,711 |
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 | $324,023 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $13,685,965 |
Total liabilities | $21,065,121 |
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 | $4,604,399 |
Over the last fiscal year, we have identified 2 grants that Chatham Hospital Inc has recieved totaling $169,000.
Awarding Organization | Amount |
---|---|
Duke Endowment Charlotte, NC PURPOSE: TO RE-OPEN THE MATERNITY CARE UNIT AT CHATHAM HOSPITAL USING A UNIQUE CARE MODEL THAT CAN BE REPLICATED IN OTHER RURAL COMMUNITIES. | $119,000 |
Duke Endowment Charlotte, NC PURPOSE: TO TRANSITION A GRADUATING HEALTHY PEOPLE, HEALTHY CAROLINAS COALITION AND SUPPORT ITS MENTORSHIP OF NEW COALITIONS IN NORTH CAROLINA. | $50,000 |
Organization Name | Assets | Revenue |
---|---|---|
Maryview Hospital Llc Suffolk, VA | $0 | $126,392,609 |
Leconte Medical Center Knoxville, TN | $91,240,969 | $144,185,798 |
Columbus Regional Healthcare System Whiteville, NC | $197,969,739 | $134,524,668 |
Harnett Health System Inc Dunn, NC | $119,557,525 | $137,837,447 |
Lexington Medical Center Lexington, NC | $126,269,827 | $125,126,706 |
Bon Secours-Richmond Community Hospital Richmond, VA | $200,107,508 | $168,768,277 |
Uva Culpeper Medical Center Culpeper, VA | $139,556,597 | $116,029,117 |
Crisp Regional Hospital Inc Cordele, GA | $164,464,771 | $118,380,453 |
Morristown Hamblen Hosp Knoxville, TN | $71,835,132 | $127,114,372 |
Upson County Hospital Inc Thomaston, GA | $251,563,523 | $131,936,777 |
Novant Health Thomasville Medical Center Llc Winston Salem, NC | $97,078,773 | $115,006,947 |
Meadows Regional Medical Center Inc Vidalia, GA | $156,126,750 | $94,571,212 |