Community Hospital Corporation

Organization Overview

Community Hospital Corporation is located in Plano, TX. The organization was established in 1998. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 06/2021, Community Hospital Corporation employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Hospital Corporation 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, Community Hospital Corporation generated $9.2m 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 $9.8m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO GUIDE, SUPPORT AND ENHANCE THE MISSION OF COMMUNITY HOSPITALS AND HEALTHCARE PROVIDERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMUNITY HOSPITAL CORPORATION, FORMERLY KNOWN AS VHA SOUTHWEST COMMUNITY HEALTH CORPORATION, ('CHC'), IS A NOT-FOR-PROFIT COMPANY WHOSE SOLE MISSION IS TO HELP HOSPITALS REMAIN COMMUNITY-OPERATED AND GOVERNED. BASED IN PLANO, TEXAS, THE ORGANIZATION PROVIDES COMMUNITY HOSPITALS WITH THE RESOURCES AND EXPERIENCE THEY NEED TO IMPROVE THE QUALITY OF HEALTHCARE, PATIENT SATISFACTION AND FINANCIAL PERFORMANCE. CHC IS THE SOLE MEMBER ORGANIZATION OF YOAKUM COMMUNITY HOSPITAL; ST. MARKS MEDICAL CENTER; JELLICO COMMUNITY HOSPITAL; HUNTSVILLE COMMUNITY HOSPITAL; GAINESVILLE COMMUNITY HOSPITAL AND SOUTHWEST COMMUNITY HOSPITAL, THE HOLDING COMPANY FOR BAPTIST HOSPITALS OF SOUTHEAST TEXAS, THE OPERATOR OF BAPTIST HOSPITALS OF SOUTHEAST TEXAS. CHC IS THE SOLE MEMBER ORGANIZATION FOR COMMUNITY LTACH, LLC, WHICH IN TURN IS THE SOLE VOTING MEMBER ORGANIZATION OF CHC COMMUNITY CARE, LLC AND CAROLINAS COMMUNITY CARE INC, HOLDING COMPANIES OF LONG-TERM ACUTE CARE HOSPITALS THAT CHC OPERATES AND MANAGES IN CONNECTION WITH OTHER NOT-FOR-PROFIT HOSPITALS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Quantum Health Inc
Benefits Consulting
$690,803
Gjerset Lorenz Llp
Legal
$1,026,215
Health Reimbursement Partners
Consulting
$627,283
Emagined Security Inc
It Solutions
$627,985
Sai Global Compliance Inc
It Services
$595,189
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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Investment income $160,195
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $9,167,067

Peer Organizations

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