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Specialty Hospital Of Lorain

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 341902731 ✦ Amherst, OH ✦ Designated as a 501(c)(3)

Overview

What is Specialty Hospital Of Lorain?

Specialty Hospital of Lorain is a 28-bed long-term acute care hospital (LTACH) situated in Amherst, Ohio. Its primary mission is to cater to the long-term healthcare needs of the citizens of Lorain County and its surrounding areas. This nonprofit organization is dedicated to providing a range of healthcare and healthcare-related services, aiming to improve and support the health of its community. The hospital employs a staff of 64 individuals, ensuring that it can deliver its services effectively and efficiently.


Official website here: www.specialtyhospitaloflorain.org

Is Specialty Hospital Of Lorain legitimate?

Specialty Hospital Of Lorain is a legitimate nonprofit organization registered as a 501(c)(3) entity. Specialty Hospital Of Lorain submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,994,816

For more financial information, click here


Official website here: www.specialtyhospitaloflorain.org

What is the mission statement of Specialty Hospital Of Lorain?

The Specialty Hospital of Lorain is committed to providing healthcare and related services. Their mission extends to constructing, managing, and operating hospitals or facilities that cater to various healthcare needs. The hospital primarily focuses on providing long-term healthcare services, specifically for patients requiring long-term care, serving the citizens of Lorain County, Ohio, and its surrounding areas.


Official website here: www.specialtyhospitaloflorain.org

Who is the CEO of Specialty Hospital Of Lorain?

Michelle Hennis is the Trustee of Specialty Hospital Of Lorain. The CEO's salary of Specialty Hospital Of Lorain is $0 and their total compensation is $0.


Official website here: www.specialtyhospitaloflorain.org

What is the revenue of Specialty Hospital Of Lorain?

Specialty Hospital Of Lorain's revenue in 2022 was $6,879,099.


Official website here: www.specialtyhospitaloflorain.org

Who are the executives of Specialty Hospital Of Lorain and what are their salaries?

The average compensation at Specialty Hospital Of Lorain during 2022 was $31,169. There are 64 employees and 5 volunteers at Specialty Hospital Of Lorain.

Here are 8 key members and their salaries (Specialty Hospital Of Lorain's CEO's salary is $0 and their total compensation is $0):

    Vernita Mahone-Marn (Clinical Rn)
  • Compensation: $109,468
  • Related: $0
  • Other: $9,231

    • Lori Ison (Cno/Cco)
  • Compensation: $90,361
  • Related: $0
  • Other: $23,479

    • Sue Bowers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cindy Dennison (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Harford (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Close (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Corcoran (Trustee (Term 7/23))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Hennis (Interim President & Ceo/Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.specialtyhospitaloflorain.org

    Where can I find the form 990 for Specialty Hospital Of Lorain?

    The Specialty Hospital Of Lorain’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.specialtyhospitaloflorain.org

    Learn more at the official website: www.specialtyhospitaloflorain.org

    Mission Statement of Specialty Hospital Of Lorain

    Specialty Hospital of Lorain, as a healthcare institution, is committed to providing a wide array of healthcare-related services and activities. Their mission encompasses creating, constructing, acquiring, owning, managing, operating, controlling, or maintaining hospitals or other facilities, institutions, programs, or foundations for the delivery of healthcare services. In essence, the hospital's primary purpose is to cater to the health needs of its population by offering long-term healthcare services through its long-term care facilities.

    Impact

    This information is meant to be a general summary of Specialty Hospital Of Lorain. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Specialty Hospital of Lorain's impact lies in its provision of long-term acute care services to the citizens of Lorain County, Ohio, and the surrounding area. By operating as a 28-bed long-term acute care hospital, Specialty Hospital of Lorain plays a crucial role in meeting the healthcare needs of the community. Its presence ensures that individuals requiring specialized care for an extended period can access the necessary services close to home.

    Through its mission to provide healthcare and healthcare-related services, Specialty Hospital of Lorain contributes to the overall well-being of the community by offering essential medical support to those in need. By focusing on long-term care facilities, the hospital addresses the specific healthcare requirements of individuals with chronic conditions or complex medical needs, helping improve their quality of life and overall health outcomes.

    Overall, Specialty Hospital of Lorain's impact is significant in enhancing the healthcare landscape of Lorain County and its surrounding areas, ensuring that residents have access to specialized care and support when facing long-term health challenges.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,389
  • Program Service Revenue: $6,786,045
  • Gross Receipts: $6,879,099

    • Assets and Liabilities:
  • Total Assets: $2,831,990
  • Total Liabilities: $1,395,497
  • Net Assets: $1,436,493
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    NET PATIENT SERVICE REVENUE

    Revenue

    $6,734,763

    OHA INCENTIVE PROGRAM

    Revenue

    $51,282

    Organization Details

    Founding Year

    1998

    Principal Officer

    Michelle Hennis

    Main Address

    254 CLEVELAND AVENUE, AMHERST, OH, 44001

    NTEE Category

    Code: E20 - Health

    If you are a representative of Specialty Hospital Of Lorain and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.