COMMUNITY HOSPITAL OF ANDERSON AND… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1961

Legal Domicile

Principal Officer

ELIZABETH S THARP MBA B

Phone

7652985125

Tax Period

2023-01-01 to 2023-12-31

COMMUNITY HOSPITAL OF ANDERSON AND MADISON COUNTY INC, founded in 1961, is a major nonprofit in the Health Care sector that reported $233.2M in total revenue in fiscal year 2023. Expenses of $216.1M left a modest 7% surplus.

Mission

DEEPLY COMMITTED TO THE COMMUNITIES WE SERVE, WE ENHANCE HEALTH AND WELL-BEING. TO SIMPLY DELIVER AN EXCEPTIONAL EXPERIENCE - WITH EVERY LIFE WE TOUCH.

Program Service Accomplishments

Program 1

Expenses: $148,429,880 Revenue: $225,848,282

COMMUNITY HOSPITAL OF ANDERSON AND MADISON COUNTY, INC. ("CHA") IS AN ACUTE CARE MEDICAL FACILITY WITH 117 STAFFED BEDS (EXCLUDING NURSERY). IN 2023, THERE WERE 6,217 ADMISSIONS, 7,306 SURGERIES...

COMMUNITY HOSPITAL OF ANDERSON AND MADISON COUNTY, INC. ("CHA") IS AN ACUTE CARE MEDICAL FACILITY WITH 117 STAFFED BEDS (EXCLUDING NURSERY). IN 2023, THERE WERE 6,217 ADMISSIONS, 7,306 SURGERIES PERFORMED, 630 BIRTHS WITH A TOTAL OF 256,139 PATIENTS SERVED IN ALL DISCIPLINES. CHA PARTICIPATES IN MEDICARE, MEDICAID, CHAMPUS, TRICARE, AND OTHER GOVERNMENT-SPONSORED HEALTH CARE PROGRAMS. WE PROVIDE AN EMERGENCY ROOM THAT IS OPEN TO ALL PERSONS REGARDLESS OF ABILITY TO PAY. OUR STAFF MAKES EVERY EFFORT TO PROVIDE AN EFFECTIVE AND EFFICIENT HEALTH CARE DELIVERY SYSTEM. FINALLY, WE HAVE A GOVERNING BODY IN WHICH INDEPENDENT PERSONS REPRESENTATIVE OF THE COMMUNITY COMPRISE THE MAJORITY.

Program 2

Expenses: $99,540

COMMUNITY HOSPITAL OF ANDERSON AND MADISON COUNTY, INC. CONTRIBUTED TO SEVERAL CHARITABLE ORGANIZATIONS. THE LARGEST DONATIONS ARE LISTED ON SCHEDULE I.

Program 3

N/A

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,582,523

Program Service Revenue $225,373,068

Investment Income $3,633,424

Other Revenue $1,594,817

TOTAL REVENUE $233,183,832

Expense Breakdown

Grants Paid $99,540

Salaries & Benefits $90,680,414

Fundraising Expenses $0

Program Expenses $148,529,420

Other Expenses $125,368,672

TOTAL EXPENSES $216,148,626

Year-over-Year Comparison

	2023	2022	Change
Revenue	$233,183,832	$220,717,179	+0.1%
Expenses	$216,148,626	$203,980,332	+0.1%
Net Income	$17,035,206	$16,736,847	+0.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

1230

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,625,491

Total Directors

$5,576,377

Key Employees

$405,410

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES CALLAHAN MD	DIRECTOR THROUGH JUNE 2023	2.00	Director	$0	$307,508	$2,232,331
JASON FAHRLANDER	DIRECTOR	2.00	Director	$0	$611,851	$1,461,011
ELIZABETH S THARP MBA BSN RN	SVP-HOSPITAL ACUTE SERVICES/CNO	2.00	Officer Director	$0	$299,033	$842,307
ANNE FORD MD	DIRECTOR	2.00	Director	$0	$94,927	$541,339
MARSHA MECKEL	VP-CNE	50.00	Officer	$314,445	$121,908	$436,353
SHERRY SIDWELL	COO/VP INTEGRATED SERVICES	50.00	Key Emp	$292,515	$112,895	$405,410
TONY MCHERRON MD	DIRECTOR	2.00	Director	$0	$50,908	$374,900
MARY GAMACHE	VP - FINANCE	45.00	Officer	$0	$95,361	$346,831
HOMAND BAHRAMI	PHARMACY DIRECTOR	50.00	Highest	$203,322	$51,644	$254,966
CONNIE RICHWINE	RN - HOUSE SUPERVISOR	50.00	Highest	$206,107	$41,897	$248,004
JONI BRINKMAN	NURSING DIRECTOR	50.00	Highest	$182,469	$63,195	$245,664
KARI HOWELL	RN	50.00	Highest	$188,408	$22,029	$210,437
LAURA ROGGY	CLINICAL PHARMACIST	50.00	Highest	$181,908	$22,944	$204,852
THOMAS SHORT MD	DIRECTOR	16.00	Director	$124,189	$300	$124,489
TREVA BOSTIC	DIRECTOR	2.00	Director	$0	$0	$0
THOMAS DICKEY	DIRECTOR	2.00	Director	$0	$0	$0
JULIE HETTINGA	VICE CHAIR	2.00	Officer Director	$0	$0	$0
JASON JAMERSON	SECRETARY	2.00	Officer Director	$0	$0	$0
ARTHUR J LEAK	DIRECTOR	2.00	Director	$0	$0	$0
MARIE MORRIS PHD	CHAIR	2.00	Officer Director	$0	$0	$0
BILL O'NEAL PHD	SECRETARY THROUGH JUNE 2023	2.00	Officer Director	$0	$0	$0
WILLIAM O'NEAL	DIRECTOR	2.00	Director	$0	$0	$0
LEROY QUASHIE PHD	DIRECTOR	2.00	Director	$0	$0	$0
JAY B RICKER	DIRECTOR THROUGH JUNE 2023	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$233,183,832	$216,148,626	$396,308,502	$17,035,206
2022	$220,717,179	$203,980,332	$366,670,126	$16,736,847
2021	$221,228,961	$236,129,049	$308,098,503	$-14,900,088
2020	$191,209,463	$211,381,238	$295,520,113	$-20,171,775
2019	$214,025,188	$224,209,848	$328,184,932	$-10,184,660
2018	$209,525,150	$171,893,789	$307,261,619	$37,631,361

COMMUNITY HOSPITAL OF ANDERSON AND MADISON COUNTY INC