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Virginia Gay Hospital Inc

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

EIN: 421231996 ✦ Vinton, IA ✦ Designated as a 501(c)(3)

Overview

What is Virginia Gay Hospital Inc?

Virginia Gay Hospital Inc is a 25-bed acute care hospital and a 40-bed long-term care facility located in Vinton, Iowa, employing over 300 associates, including 18 providers. The organization delivers comprehensive healthcare services to its region, collaborating with affiliates to address community needs. Through its charity care policy and participation in public aid programs, Virginia Gay Hospital provides healthcare to individuals who may not otherwise have access. The hospital offers emergency care to all, regardless of ability to pay, and operates a full-time emergency room along with essential medical transportation services. Despite some activities not being financially viable, the hospital's mission is to provide quality healthcare services using innovative techniques and maintaining a solid financial base. In the past year, they had a total of 79,122 outpatient visits between the hospital and rural health clinics.


Official website here: www.myvghinc.org

Is Virginia Gay Hospital Inc legitimate?

Virginia Gay Hospital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Gay Hospital Inc 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: $1,346,578
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,423,766

For more financial information, click here


Official website here: www.myvghinc.org

What is the mission statement of Virginia Gay Hospital Inc?

Virginia Gay Hospital Inc is dedicated to delivering quality health care services using innovative techniques and maintaining a stable financial base. The organization, comprised of over 300 associates, including medical providers, aims to meet the diverse needs of the communities it serves. Virginia Gay Hospital provides care to certain patients without charge or at reduced rates through its charity care policy. These uncompensated charges amounted to $158,433 in the previous fiscal year, with associated costs approximating $81,000. In addition, the Hospital offers services to patients under various government-funded programs with reimbursements that do not cover the full cost of services. Virginia Gay Hospital also invests significantly in community initiatives that may not be financially viable and makes emergency medical care accessible to everyone, regardless of their ability to pay. The Hospital had a total of 79,122 outpatient visits between its facility and rural health clinics.


Official website here: www.myvghinc.org

Who is the CEO of Virginia Gay Hospital Inc?

Michele Schoonover is the Director of Virginia Gay Hospital Inc. The CEO's salary of Virginia Gay Hospital Inc is $171,164 and their total compensation is $197,745.


Official website here: www.myvghinc.org

What is the revenue of Virginia Gay Hospital Inc?

Virginia Gay Hospital Inc's revenue in 2022 was $35,333,852.


Official website here: www.myvghinc.org

Who are the executives of Virginia Gay Hospital Inc and what are their salaries?

The average compensation at Virginia Gay Hospital Inc during 2022 was $40,541. There are 389 employees and 25 volunteers at Virginia Gay Hospital Inc.

Here are 17 key members and their salaries (Virginia Gay Hospital Inc's CEO's salary is $171,164 and their total compensation is $197,745):

    Dr Brian Meeker Do (Director)
  • Compensation: $676,828
  • Related: $0
  • Other: $29,540

    • Dr Erica Silbernagel Do (Family Medicine)
  • Compensation: $321,894
  • Related: $0
  • Other: $5,275

    • Dr Michelle Elgin Do (Director)
  • Compensation: $262,497
  • Related: $0
  • Other: $28,249

    • Tammy Madsen Pa-C (Er/Hospitalist)
  • Compensation: $239,487
  • Related: $0
  • Other: $13,040

    • Rita Taylor-Stewart Pa-C (Family Medicine)
  • Compensation: $236,866
  • Related: $0
  • Other: $10,689

    • Michele Burnes Pa-C (Family Medicine)
  • Compensation: $223,062
  • Related: $0
  • Other: $23,851

    • Matthew Wilden Pa-C (Er/Hospitalist)
  • Compensation: $204,050
  • Related: $0
  • Other: $28,627

    • Michele Schoonover (Ceo)
  • Compensation: $171,164
  • Related: $0
  • Other: $26,581

    • Barry Dietsch (Cfo)
  • Compensation: $165,824
  • Related: $0
  • Other: $4,295

    • John Yundt (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Ketchen (Chair (Until Oct 2021)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Vermedahl (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sara Stuefan (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Mossman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marie Therese Foth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bud Maynard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kyle Koeppen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.myvghinc.org

    Where can I find the form 990 for Virginia Gay Hospital Inc?

    The Virginia Gay Hospital Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.myvghinc.org

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

    Mission Statement of Virginia Gay Hospital Inc

    Virginia Gay Hospital Inc, a healthcare provider, is dedicated to delivering quality health services through innovative methods while maintaining a financially stable organization. With over 300 associates, including 18 providers, the hospital collaborates to ensure comprehensive patient care as an integrated unit. Virginia Gay Hospital goes above and beyond to cater to the needs of the communities it serves, offering services to those who meet specific criteria under its charity care policy without charge or at reduced rates. The hospital does not pursue collection of unpaid charity care amounts, with foregone charges totaling $158,433 and costs related to these charges approximating $81,000 in the year ended June 30, 2022. Additionally, the hospital serves patients under various government-funded programs, offering healthcare at reduced rates. Virginia Gay Hospital invests time and resources into community services that may not be self-supporting or financially viable. The organization provides emergency care to all individuals, operating a full-time emergency room and offering medical transportation services through an area ambulance, van, and onsite helipad. In the past year, the hospital had 38,641 outpatient visits, and its rural health clinics welcomed 40,481 visits.

    Impact

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




    Thursday, August 15, 2024

    Virginia Gay Hospital Inc's impact is truly significant in the Vinton, Iowa community and beyond. As a leading healthcare provider in the region, the hospital plays a vital role in delivering integrated, high-quality care to patients and residents. With a dedicated team of over 300 associates, including 18 providers, Virginia Gay Hospital ensures that healthcare services are accessible to all, regardless of their ability to pay.

    The hospital not only offers charity care to those in need but also participates in government-reimbursed public aid programs, despite receiving payments lower than the cost of services rendered. This commitment to serving the community's healthcare needs exemplifies the hospital's dedication to prioritizing patient care above financial considerations.

    Moreover, Virginia Gay Hospital goes beyond traditional healthcare services by investing significant time and resources in initiatives that address unmet community needs. From operating a full-time emergency room to providing medical transportation services and rural health clinics, the hospital's impact extends far beyond its walls.

    In essence, Virginia Gay Hospital Inc's unwavering commitment to providing quality healthcare services through innovative and growth-oriented techniques not only benefits individual patients but also contributes to the overall well-being and health of the community it serves.





    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: $578,971
  • Program Service Revenue: $34,020,155
  • Gross Receipts: $35,333,852

    • Assets and Liabilities:
  • Total Assets: $40,884,116
  • Total Liabilities: $4,580,946
  • Net Assets: $36,303,170
  • Programs

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

    Patient & resident revenue

    Revenue

    $32,031,471

    Pharmacy Revenue

    Revenue

    $1,663,250

    Organization Details

    Founding Year

    1923

    Principal Officer

    Michele Schoonover

    Main Address

    502 N 9th Ave, Vinton, IA, 523492254

    NTEE Category

    Code: E22Z - Health

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