Chester River Hospital Center
- Assets
- $73.4m
- Revenue
- $44.2m
- Investments
- $1.2m
- Employees
- 246
- Location
- Chestertown, MD
- Founding
- 05/1956
- Data as of
- 06/2020
- EIN
- 52-0679694
Organization Overview
Chester River Hospital Center, operating under the name UM Shore Medical Center at Chestertown, is located in Chestertown, MD. The organization was established in 1956. 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 06/2021, UM Shore Medical Center at Chestertown employed 246 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. UM Shore Medical Center at Chestertown 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 06/2020, UM Shore Medical Center at Chestertown generated $44.2m 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 (4.2%) each year. All expenses for the organization totaled $45.7m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (2.0%) 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
CHESTER RIVER HOSPITAL CENTER (CRHC) IS AN ACUTE CARE HOSPITAL THAT SERVES THE RESIDENTS OF KENT AND QUEEN ANNE'S COUNTIES AND PORTIONS OF CAROLINE AND CECIL COUNTIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHESTER RIVER HOSPITAL CENTER, INC. (DOING BUSINESS AS UNIVERSITY OF MARYLAND SHORE MEDICAL CENTER AT CHESTERTOWN) IS A 12-BED HOSPITAL. IT IS SERVED BY APPROXIMATELY 200 ACTIVE AND CONSULTING STAFF PHYSICIANS REPRESENTING A WIDE ARRAY OF MEDICAL SPECIALTIES. THE COMMUNITY HOSPITAL, WHICH IS FULLY ACCREDITED BY THE JOINT COMMISSION ON ACCREDITATION OF HEALTHCARE ORGANIZATIONS, PROVIDES INPATIENT MEDICAL SERVICES, 24-HOUR EMERGENCY CARE, SURGICAL SERVICES, OUTPATIENT DIAGNOSTIC SERVICES, LABORATORY SERVICES, REHABILITATION, AND ONCOLOGY TO SERVE THE LOCAL COMMUNITY'S NEEDS. THE HOSPITAL WAS ESTABLISHED IN 1935. IT IS STAFFED BY APPROXIMATELY 250 EMPLOYEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gerard S O'connor Md Physician Services | 6/29/21 | $333,917 |
Md Emergency Medical Network Physician Services | 6/29/21 | $2,889,876 |
Healthcare Services Group Environmental Services | 6/29/21 | $526,963 |
Arup Lab Laboratory Services | 6/29/21 | $171,872 |
Tidewater Anesthesia Association Anesthesia Services | 6/29/21 | $1,240,786 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,605,615 |
| Investment income | $5,015 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $139,275 |
| Net Gain/Loss on Asset Sales | $18,337 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $44,166,460 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $11,673,354 |
| Pension plan accruals and contributions | $379,389 |
| Other employee benefits | $1,884,026 |
| Payroll taxes | $845,159 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $2,317 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,606,139 |
| Advertising and promotion | $0 |
| Office expenses | $101,791 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $822,814 |
| Travel | $15,068 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $187 |
| Interest | $182,173 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,934,259 |
| Insurance | $714,110 |
| All other expenses | $0 |
| Total functional expenses | $45,685,346 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,355,963 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,589,365 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $651,288 |
| Prepaid expenses and deferred charges | $6,129 |
| Investments—publicly traded securities | $1,134,743 |
| Investments—other securities | $1,217,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,702,837 |
| Total assets | $73,405,075 |
| Accounts payable and accrued expenses | $5,517,820 |
| Grants payable | $0 |
| Deferred revenue | $31,299 |
| 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 | $14,779,458 |
| Total liabilities | $20,328,577 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $53,076,498 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chester River Hospital Center has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
David A Bramble Foundation Inc Chestertown, MD PURPOSE: GENERAL FUNDING | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maryview Hospital Llc Suffolk, VA | $0 | $126,392,609 |
Lehigh Valley Hospital - Schuykill Allentown, PA | $123,931,422 | $141,448,853 |
Davis Memorial Hospital Elkins, WV | $99,450,993 | $120,748,268 |
St Lukes Quakertown Hospital Allentown, PA | $224,667,230 | $112,978,373 |
U Of M Rehab & Orthopaedic Institute Baltimore, MD | $214,130,610 | $125,454,652 |
Upmc Pittsburgh, PA | $122,342,039 | $105,892,952 |
Bon Secours-Richmond Community Hospital Richmond, VA | $200,107,508 | $168,768,277 |
Northeastern Pennsylvania Health Corporation Allentown, PA | $304,803,492 | $145,234,138 |
Reynolds Memorial Hospital Inc Glen Dale, WV | $68,940,537 | $122,482,209 |
Uva Culpeper Medical Center Culpeper, VA | $139,556,597 | $116,029,117 |
Armstrong County Memorial Hospital Kittanning, PA | $80,272,359 | $120,850,323 |
Wayne Memorial Hospital Honesdale, PA | $205,774,569 | $114,212,432 |