Southside Community Hospital Inc
- Assets
- $139.4m
- Revenue
- $111.1m
- Investments
- $0.0
- Employees
- 573
- Location
- Farmville, VA
- Founding
- 08/1928
- Data as of
- 12/2021
- EIN
- 54-0555201
Organization Overview
Southside Community Hospital Inc, operating under the name Centra Southside Community Hospital, is located in Farmville, VA. The organization was established in 1928. 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 12/2021, Centra Southside Community Hospital employed 573 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centra Southside Community 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 12/2021, Centra Southside Community Hospital generated $111.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $83.9m during the year ending 12/2021. While expenses have increased by 1.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Centra Southside Community Hospital has awarded 11 individual grants totaling $193,750. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HEALTHCARE SERVICES FOR EIGHT COUNTIES IN CENTRAL VIRGINIA
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOUTHSIDE COMMUNITY HOSPITAL, INC. IS A 501(C)(3) HOSPITAL COMMITTED TO OFFERING AFFORDABLE HEALTHCARE TO THE RESIDENTS OF SOUTHSIDE VIRGINIA. WE ARE DEDICATED TO IMPROVING THE QUALITY OF LIFE IN THE COMMUNITIES WE SERVE BY PROVIDING HIGH QUALITY HEALTHCARE. (PLEASE SEE THE CONTINUATION ON SCHEDULE O.)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bikram S Bal MD Director | Trustee | 50 | $930,886 |
Thomas Angelo VP & Sch CEO | Officer | 50 | $304,905 |
Claudia Meinhard Chief Nursing Officer | Officer | 50 | $195,923 |
Angela Dyer Rn Acute Care Weo A Cnep 4 | 50 | $163,389 | |
Harry Elam Pharmacist | 50 | $156,551 | |
Gloria Moore Rn Acute Care Cnep 4 | 50 | $155,785 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Virginia Paving Sealcoating Paving/sealing Svcs | 12/30/21 | $107,300 |
Crothall Facilities Mgmt Housekeeping Svcs | 12/30/21 | $1,247,334 |
State Serv Equipment Rental | 12/30/21 | $173,188 |
Pathology Consultants Pathology Services | 12/30/21 | $323,997 |
Price Simpson Harvey Archt & Engr Svcs | 12/30/21 | $146,292 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $7,145 |
| Government grants | $4,145,441 |
| 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 | $4,152,586 |
| Total Program Service Revenue | $106,017,978 |
| Investment income | $167,538 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $292,341 |
| 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 | $111,131,365 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $166,050 |
| 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. | $1,509,883 |
| Compensation of current officers, directors, key employees. | $158,149 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,887,521 |
| Pension plan accruals and contributions | $699,451 |
| Other employee benefits | $5,672,892 |
| Payroll taxes | $0 |
| Fees for services: Management | $4,181,033 |
| Fees for services: Legal | $14,820 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,365,806 |
| Advertising and promotion | $227,941 |
| Office expenses | $2,614,223 |
| Information technology | $44,565 |
| Royalties | $0 |
| Occupancy | $3,697,485 |
| Travel | $477,510 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,758 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,242,630 |
| Insurance | $640,048 |
| All other expenses | $0 |
| Total functional expenses | $83,906,211 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,157,828 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,767,629 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,322,186 |
| Prepaid expenses and deferred charges | $17,398 |
| Net Land, buildings, and equipment | $24,072,126 |
| Investments—publicly traded securities | $156,671 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $78,884,754 |
| Total assets | $139,378,592 |
| Accounts payable and accrued expenses | $5,565,040 |
| Grants payable | $0 |
| Deferred revenue | $110,803 |
| 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 | $11,945,254 |
| Total liabilities | $17,621,097 |
| Net assets without donor restrictions | $121,757,495 |
| 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 | $139,378,592 |
Grants Awarded
Over the last fiscal year, Southside Community Hospital Inc has awarded $145,250 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Farmville, VA PURPOSE: EMERGENCY SHLETER | $81,000 |
Farmville, VA PURPOSE: PRODUCE DISTRIBUTED | $20,000 |
Farmville, VA PURPOSE: VACCINE TRANSPORT. | $15,000 |
Farmville, VA PURPOSE: FOOD DISTRIBUTIONS | $10,000 |
Farmville, VA PURPOSE: HOMEOWNER REPAIRS | $10,000 |
Farmville, VA PURPOSE: HEALTHCARE | $9,250 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Southside Community Hospital Inc has recieved totaling $22,400.
| Awarding Organization | Amount |
|---|---|
Robert Chamberlayne Tr Uw 12547002 Orlando, FL PURPOSE: GENERAL OPERATING | $22,400 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
First Health Of The Carolinas Inc Pinehurst, NC | $1,544,188,654 | $986,400,718 |
Sinai Hospital Of Baltimore Inc Baltimore, MD | $642,141,254 | $936,777,270 |
Saint Joseph Health System Inc Lexington, KY | $961,743,109 | $864,115,504 |
Mary Washington Healthcare Fredericksburg, VA | $593,675,918 | $863,388,863 |
Uofl Health-Louisville Inc Louisville, KY | $577,142,236 | $950,019,808 |
Mountain States Health Alliance Johnson City, TN | $556,120,495 | $805,201,599 |
Baptist Memorial Hospital Memphis, TN | $691,981,947 | $770,663,628 |
Cabell Huntington Hospital Inc Huntington, WV | $1,087,986,142 | $722,910,695 |
Johns Hopkins Bayview Medical Center Inc Baltimore, MD | $440,914,055 | $670,376,991 |
Franklin Square Hospital Center Inc Baltimore, MD | $352,871,142 | $621,968,540 |
Ashland Hospital Corporation Ashland, KY | $776,253,929 | $734,768,924 |
University Medical Center Inc Louisville, KY | $770,505,785 | $636,566,362 |