Williamsburg Regional Hospital
- Assets
- $3.2m
- Revenue
- $6.7m
- Investments
- $0.0
- Employees
- 177
- Location
- Kingstree, SC
- Founding
- 02/2002
- Data as of
- 09/2023
- EIN
- 57-0468486
Organization Overview
Williamsburg Regional Hospital is located in Kingstree, SC. The organization was established in 2002. 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 09/2023, Williamsburg Regional Hospital employed 177 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Williamsburg Regional Hospital 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, Williamsburg Regional Hospital generated $6.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.8%) each year. All expenses for the organization totaled $15.1m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF AN ACUTE CARE HOSPITAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WILLIAMSBURG REGIONAL HOSPITAL IS AN ACUTE CARE HOSPITAL IN KINGSTREE, SOUTH CAROLINA. THE GOAL OF THE HOSPITAL IS TO DELIVER THE BEST HEALTHCARE AVAILABLE TO THE RESIDENTS OF WILLIAMSBURG COUNTY AND THE SURROUNDING AREA AS WE SEEK TO MAKE THE COMMUNITY HEALTHIER. THE HOSPITAL'S MISSION IS TO PROVIDE EXCELLENCE IN PATIENT CARE IN AN ENVIRONMENT THAT IS RESPECTFUL OF OTHERS, ADAPTAVE TO CHANGE, ACCOUNTABLE FOR OUTCOMES, AND ATTENTIVE TO THE NEEDS OF THE COMMUNITY. WE TREAT OUR PATIENTS AS WE WOULD OUR FAMILIES; VISITORS AND FELLOW EMPLOYEES AS WE WOULD OUR FRIENDS; THE COMMUNITY AS OUR PARTNER; AND OUR HOSPITAL AS WE WOULD OUR HOME. CONTINUED ON SCHEDULE OWILLIAMSBURG REGIONAL HOSPITAL PROVIDES EXCELLENCE IN PATIENT CARE IN AN ENVIRONMENT THAT IS RESPECTFUL OF OTHERS, ADAPTIVE TO CHANGE, ACCOUNTABLE FOR OUTCOMES, AND IS ATTENTIVE TO THE NEEDS OF THE COMMUNITY. THE HOSPITAL PROVIDES AN ARRAY OF SERVICES, INCLUDING PAIN MANAGEMENT, SURGICAL SERVICES, LABORATORY, SLEEP LAB, RADIOLOGY, MAMMOGRAPHY, INTENSIVE CARE, MEDICAL/SURGICAL INPATIENT CARE, STROKE CARE, WOUND CARE, GYNECOLOGY, OPERATION OF A RURAL HEALTH CENTER, PHYSICAL THERAPY, NEPHROLOGY, EMERGENCY SERVICES, AND CARDIOLOGY SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Jim Cherry Secretary | OfficerTrustee | 1 | $0 |
Mrs Julie Floyd Board Chair | OfficerTrustee | 1 | $0 |
Mr Frank Bradley Erwin Vice Chair | OfficerTrustee | 1 | $0 |
Mrs Mandy Shuler Board Member | Trustee | 1 | $0 |
Ms Jennifer Mcknight Board Member | Trustee | 1 | $0 |
Mr William Jenkinson Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Obrien Medical Associates Er Physician | 9/29/22 | $442,404 |
Dr Charles Bickerstaff Specialty Physician/gastroenterologist | 9/29/22 | $190,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $624,425 |
| 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 | $624,425 |
| Total Program Service Revenue | $6,080,564 |
| Investment income | $0 |
| 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 | $6,704,989 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,845,018 |
| Pension plan accruals and contributions | $27,056 |
| Other employee benefits | $522,970 |
| Payroll taxes | $353,049 |
| Fees for services: Management | $138,900 |
| Fees for services: Legal | $16,648 |
| Fees for services: Accounting | $76,966 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $536,077 |
| Advertising and promotion | $12 |
| Office expenses | $788,467 |
| Information technology | $297,036 |
| Royalties | $0 |
| Occupancy | $146,344 |
| Travel | $4,959 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $527 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $355,980 |
| Insurance | $1,770,102 |
| All other expenses | $0 |
| Total functional expenses | $15,062,551 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,528,744 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $890,172 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $819,032 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $832 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,238,780 |
| Accounts payable and accrued expenses | $85,829 |
| Grants payable | $0 |
| Deferred revenue | $246,190 |
| 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 | $332,019 |
| Net assets without donor restrictions | $2,906,761 |
| 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 | $3,238,780 |