Continuing Care Hospital Inc
- Assets
- $10.8m
- Revenue
- $12.5m
- Investments
- $0.0
- Employees
- 132
- Location
- Lexington, KY
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 61-1400619
Organization Overview
Continuing Care Hospital Inc is located in Lexington, KY. The organization was established in 1946. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2021, Continuing Care Hospital Inc employed 132 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Continuing Care 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 06/2021, Continuing Care Hospital Inc generated $12.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $12.4m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONTINUING CARE HOSPITAL, INC. IS AN EXEMPT HOSPITAL WHOSE PRIMARY EXEMPT PURPOSE IS TO PROVIDE HEALTHCARE SERVICES REGARDLESS OF RACE, RELIGION, OR ABILITY TO PAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE H
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Desotelle President And CEO Of Cch | Officer | 50 | $192,783 |
Marintha Short Pharmacist-Specialist Clinical | 50 | $151,392 | |
Regina Masters Director - Nursing | 50 | $129,914 | |
Nancy Cornett Rn-Patient Care Bedside Non-Exempt | 50 | $120,458 | |
Nancy Payne Rn-Patient Care Bedside Non-Exempt | 50 | $106,381 | |
Katherine Love Secretary/mkt VP Strat Development | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Amn Healthcare Healthcare Consultin | 6/29/20 | $314,831 |
Amn Healthcare Healthcare Consultin | 6/29/20 | $314,831 |
Bio-medical Apps Of Ky Kidney Kialysis Centers | 6/29/20 | $293,621 |
Bio-medical Apps Of Ky Kidney Kialysis Centers | 6/29/20 | $293,621 |
Amn Healthcare Healthcare Consultin | 6/29/20 | $314,831 |
Bio-medical Apps Of Ky Kidney Kialysis Centers | 6/29/20 | $293,621 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $12,455,807 |
| 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 | $12,480,256 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,000 |
| 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. | $259,913 |
| Compensation of current officers, directors, key employees. | $259,913 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,413,224 |
| Pension plan accruals and contributions | $217,692 |
| Other employee benefits | $728,522 |
| Payroll taxes | $332,950 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $37,097 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $4,926 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,182,344 |
| Advertising and promotion | $395 |
| Office expenses | $154,527 |
| Information technology | $499,464 |
| Royalties | $0 |
| Occupancy | $393,049 |
| Travel | $584 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $472 |
| Interest | $822 |
| Payments to affiliates | $398,652 |
| Depreciation, depletion, and amortization | $725,751 |
| Insurance | $97,446 |
| All other expenses | $16,519 |
| Total functional expenses | $12,419,510 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $159,893 |
| Savings and temporary cash investments | $7,626,508 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,074,408 |
| 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 | $15,204 |
| Net Land, buildings, and equipment | $901,162 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,777,175 |
| Accounts payable and accrued expenses | $1,347,347 |
| Grants payable | $0 |
| Deferred revenue | $4,781 |
| 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 | $3,307,379 |
| Total liabilities | $4,659,507 |
| Net assets without donor restrictions | $6,117,668 |
| 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 | $10,777,175 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Proton Therapy Center Llc Knoxville, TN | $90,724,481 | $22,840,271 |
Mtpc Llc Knoxville, TN | $100,207,112 | $17,070,739 |
Vcu Health Childrens Services At Brook Road Richmond, VA | $19,176,582 | $27,282,070 |
Baptist Memorial Hospital - Crittenden Inc Memphis, TN | $17,033,846 | $28,634,705 |
Community Stroke And Rehabilitation Center Inc Munster, IN | $55,866,066 | $21,660,242 |
Thompson Oncology Group Knoxville, TN | $3,058,413 | $6,910,649 |
Richmond Eye & Ear Healthcare Alliance Richmond, VA | $40,781,777 | $12,266,092 |
Ability Kc Kansas City, MO | $17,203,026 | $16,180,288 |
Lake Health-University Hospitals Seidman Cancer Center Shaker Heights, OH | $870,055 | $10,441,936 |
Continuing Care Hospital Inc Lexington, KY | $10,777,175 | $12,480,256 |
Baptist Memorial Regional Rehabilitation Services Inc Memphis, TN | $3,464,818 | $11,678,247 |
University Orthopaedic Associates Inc Indianapolis, IN | $128,725 | $10,511,925 |