Halifax Regional Hospital Inc
- Assets
- $49.6m
- Revenue
- $85.9m
- Investments
- $0.0
- Employees
- 501
- Location
- Norfolk, VA
- Founding
- 02/1956
- Data as of
- 12/2020
- EIN
- 54-0648699
Organization Overview
Halifax Regional Hospital Inc is located in Norfolk, VA. 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 12/2021, Halifax Regional Hospital Inc employed 501 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Halifax Regional 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 12/2020, Halifax Regional Hospital Inc generated $85.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $88.3m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Halifax Regional Hospital Inc has awarded 25 individual grants totaling $22,838,813. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
AS PART OF SENTARA HEALTHCARE'S INTEGRATED HEALTH CARE SYSTEM, WE IMPROVE HEALTH EVERY DAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles W Rosche Physician - Specialist | 40 | $417,415 | |
Joni O Abbott Physician - Specialist | 40 | $412,797 | |
Brian K Zwoyer President | Officer | 40 | $402,992 |
Pablo Souza MD Physician - Hf | 40 | $375,923 | |
Devmith C Gajadeera Physician - Pc (fm Im Peds) | 40 | $298,020 | |
Virgilus Ozoude Physician - Pc (fm Im Peds) | 40 | $277,122 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pulmonary Associates Of Southside Virgin Medical Professional Services | 12/30/21 | $1,276,750 |
Mep Health Llc Healthcare Services | 12/30/21 | $996,352 |
Trimedx Clinical Asset Management | 12/30/21 | $1,344,250 |
J E Burton Construction Co Inc Construction | 12/30/21 | $2,514,737 |
Health Carousel Llc Healthcare Staffing Services | 12/30/21 | $1,570,361 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,825,712 |
| All other contributions, gifts, grants, and similar amounts not included above | $104,798 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,930,510 |
| Total Program Service Revenue | $78,842,750 |
| Investment income | $27,284 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $88,064 |
| Net Gain/Loss on Asset Sales | -$1,390 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $15,797 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $85,918,796 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $708,663 |
| 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. | $389,838 |
| Compensation of current officers, directors, key employees. | $61,477 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $23,144,227 |
| Pension plan accruals and contributions | $2,423,571 |
| Other employee benefits | $2,975,977 |
| Payroll taxes | $1,674,238 |
| Fees for services: Management | $792,282 |
| Fees for services: Legal | $115,356 |
| Fees for services: Accounting | $21,440 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,554,618 |
| Advertising and promotion | $28,841 |
| Office expenses | $3,535,948 |
| Information technology | $192,769 |
| Royalties | $0 |
| Occupancy | $1,753,648 |
| Travel | $86,331 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,940 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,460,012 |
| Insurance | $291,608 |
| All other expenses | $1,144,005 |
| Total functional expenses | $88,299,139 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $179,757 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,992,782 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $158,419 |
| Inventories for sale or use | $2,523,958 |
| Prepaid expenses and deferred charges | $65,627 |
| Net Land, buildings, and equipment | $35,352,425 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,263,353 |
| Other assets | $76,387 |
| Total assets | $49,612,708 |
| Accounts payable and accrued expenses | $13,120,613 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $9,538,109 |
| Total liabilities | $22,658,722 |
| Net assets without donor restrictions | $26,433,000 |
| Net assets with donor restrictions | $520,986 |
| 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 | $49,612,708 |
Grants Awarded
Over the last fiscal year, Halifax Regional Hospital Inc has awarded $394,350 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Norfolk, VA PURPOSE: CORPORATE ALLOCATION TO PARENT | $362,569 |
South Boston, VA PURPOSE: DONATION | $10,000 |
Halifax, VA PURPOSE: DONATION | $8,000 |
TOWN OF HALIFAX HALIFAX POLICE DEPARTMENT PURPOSE: PURCHASE AEDS | $7,781 |
Halifax, VA PURPOSE: SUPPORT FOR TEACHER MINI GRANT | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Halifax Regional Hospital Inc has recieved totaling $32,000.
| Awarding Organization | Amount |
|---|---|
Halifax Regional Development Foundation Inc Norfolk, VA PURPOSE: HOSPICE SUPPORT | $32,000 |
Endowment Analysis
| Beg. Balance | $520,986 |
| Net Contributions | $715,000 |
| Other Expense | $17,739 |
| Ending Balance | $1,218,247 |
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 |