Community Health Systems Inc
- Assets
- $92.8m
- Revenue
- $312.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Orange Beach, AL
- Founding
- 02/1984
- Data as of
- 06/2021
- EIN
- 63-0849233
Organization Overview
Community Health Systems Inc is located in Orange Beach, AL. The organization was established in 1984. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Health Systems 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 06/2021, Community Health Systems Inc generated $312.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $70.7k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY HEALTH SYSTEMS, INC. IS ORGANIZED TO PROMOTE, ADVANCE AND STRENGTHEN, WITHIN THE MEANING OF SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, COMMUNITY SENIOR LIFE, INC., AN ALABAMA NONPROFIT CORPORATION DESCRIBED IN SECTIONS 501(C)(3) AND 509 (A)(1) OF THE CODE, AND TO SUPPORT OTHER NONPROFIT HEALTHCARE PROVIDERS ORGANIZED FOR CHARITABLE AND CIVIC PURPOSES AND RELATED HEALTH AND HUMANITARIAN ENDEAVORS WHICH ENHANCE THE PHYSICAL, MENTAL AND SOCIAL WELL-BEING OF FRAIL ELDERLY PERSONS, AND PROVIDE, PROMOTE AND ASSIST IN ENHANCING THE QUALITY OF LIFE OF AGED PERSONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FINANCIAL SUPPORT AND GENERAL SERVICES TO AFFILIATED AND NON-AFFILIATED HEALTH CARE ORGANIZATIONS, IN ADDITION TO PROVIDING HOSPICE SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Mcclary Vice President & CFO | Officer | 30 | $0 |
Douglas Warren President & CEO | Officer | 10 | $0 |
Steven Globetti Executive Vice President | Officer | 30 | $0 |
Daniel Scarbrough Medical Director | Officer | 20 | $0 |
Patrick Willingham Chairman | Trustee | 4 | $0 |
Harold Wade Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $192,796 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $42,302 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $312,214 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $70,724 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $70,724 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,580,035 |
| Savings and temporary cash investments | $16,168,215 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,246,208 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $66,845,823 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $92,840,281 |
| Accounts payable and accrued expenses | $12,433 |
| 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 | $0 |
| Total liabilities | $12,433 |
| Net assets without donor restrictions | $92,827,848 |
| 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 | $92,840,281 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Health Corporation Sarasota, FL | $16,466,586 | $10,162,637 |
Baptist Health System Inc Birmingham, AL | $221,068,420 | $14,965,128 |
Memorial Foundation Inc Hendersonville, TN | $144,950,295 | $26,657,914 |
The Urban Child Institute Memphis, TN | $142,913,369 | $7,151,914 |
Foundation For A Healthy St Petersburg Inc St Petersburg, FL | $167,608,325 | $8,878,473 |
Baptist Health Properties Inc Jacksonville, FL | $119,152,906 | $9,788,818 |
Coastal Health Systems Of Brevard Inc Rockledge, FL | $8,057,581 | $9,003,462 |
Live Well Foundation Of South Lake Clermont, FL | $165,195,594 | $16,473,467 |
Space Coast Health Foundation Inc Rockledge, FL | $69,317,022 | $23,011,138 |
Florida Health Care Association Tallahassee, FL | $9,438,416 | $6,581,595 |
Morselife Hospice Institute Inc West Palm Beach, FL | $2,892,854 | $3,213,853 |
Curae Health Inc Clinton, TN | $11,361,305 | $4,382,300 |