The Outer Bank Hospital Inc
- Assets
- $139.6m
- Revenue
- $128.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Greenville, NC
- Founding
- 03/2000
- Data as of
- 09/2023
- EIN
- 56-2112733
Organization Overview
The Outer Bank Hospital Inc, operating under the name Outer Banks Health, is located in Greenville, NC. The organization was established in 2000. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Outer Banks Health 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 09/2023, Outer Banks Health generated $128.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $116.9m during the year ending 09/2023. While expenses have increased by 6.2% 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.
Since 2019, Outer Banks Health has awarded 50 individual grants totaling $857,587. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE AND SUPPORT THE HEALTHCARE NEEDS OF THE COMMUNITIES OF EASTERN NORTH CAROLINA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUTPATIENT AND EMERGENCY SERVICES: PROVIDED EMERGENCY SERVICES TO 20,897 PATIENTS 24 HOURS A DAY FOR 365 DAYS. PROVIDED OUTPATIENT DIAGNOSTIC AND THERAPEUTIC SERVICES TO 32,110 PATIENTS. PERFORMED 2,273 OUTPATIENT SURGICAL PROCEDURES.
INPATIENT SERVICES: PROVIDED INPATIENT CARE 24 HOURS A DAY FOR 365 DAYS TO 1,473 PATIENTS. DELIVERED 314 BABIES. PERFORMED 189 INPATIENT SURGICAL PROCEDURES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Mann Physician | 40 | $646,473 | |
Charles Shelton Physician | 40 | $548,535 | |
Matthew Mckenna Physician | 40 | $540,372 | |
Jeffrey Chase Physician | 40 | $536,824 | |
Jay Briley Board Member | Trustee | 2 | $0 |
Amanda Pettibone Pond Physician | 40 | $524,408 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Amn Healthcare Temp Labor Services | 9/29/23 | $4,036,130 |
Sodexo Inc Affiliates Contract Labor & Mgt | 9/29/23 | $789,199 |
Weatherby Locums Supplier - Locums | 9/29/23 | $805,285 |
Chesapeake Regional Medical Group Physician | 9/29/23 | $601,004 |
Aureus Healthcare One Llc Supplier - Locums | 9/29/23 | $727,889 |
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 | $181,402 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $181,402 |
| Total Program Service Revenue | $125,064,152 |
| Investment income | $1,587,441 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $215,891 |
| Net Gain/Loss on Asset Sales | -$60,402 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $128,710,391 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $236,405 |
| 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. | $810,556 |
| Compensation of current officers, directors, key employees. | $810,556 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $40,979,208 |
| Pension plan accruals and contributions | $1,058,108 |
| Other employee benefits | $3,553,431 |
| Payroll taxes | $2,720,525 |
| Fees for services: Management | $49,583 |
| Fees for services: Legal | $15,468 |
| Fees for services: Accounting | $57,958 |
| Fees for services: Lobbying | $3,142 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,944,769 |
| Advertising and promotion | $384,521 |
| Office expenses | $374,000 |
| Information technology | $96,052 |
| Royalties | $0 |
| Occupancy | $1,238,316 |
| Travel | $244,769 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $218,106 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,642,545 |
| Insurance | $716,665 |
| All other expenses | $0 |
| Total functional expenses | $116,906,754 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,521,141 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,239,758 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,033,403 |
| Prepaid expenses and deferred charges | $157,394 |
| Net Land, buildings, and equipment | $50,790,003 |
| Investments—publicly traded securities | $38,300,939 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,605,376 |
| Total assets | $139,648,014 |
| Accounts payable and accrued expenses | $20,342,186 |
| 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 | $2,223,632 |
| Total liabilities | $22,565,818 |
| Net assets without donor restrictions | $117,082,196 |
| 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 | $139,648,014 |
Grants Awarded
Over the last fiscal year, The Outer Bank Hospital Inc has awarded $205,750 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
CROSS ROADS OBX ASSOCIATION PURPOSE: Community Benefit Grant Program | $10,000 |
CHILDREN & YOUTH PARTNERSHIP PURPOSE: Community Benefit Grant Program | $6,250 |
COLLEGE OF THE ALBEMARLE FOUNDATION PURPOSE: COA Capital Campaign | $11,500 |
COMMUNITY CARE CLINIC OF DARE PURPOSE: Support in hiring executive director | $100,000 |
DARE COUNTY ARTS COUNCIL PURPOSE: Community Benefit Grant Program | $5,750 |
DARE COUNTY HEALTH DEPARTMENT PURPOSE: Community Benefit Grant Program | $22,500 |