BEDFORD MEMORIAL HOSPITAL

EIN: 540566100 501(c)(3) Health Care

BEDFORD, VA

Total Revenue
$53,292,387
Total Expenses
$44,886,760
Total Assets
$36,484,228
Net Assets
$33,691,330
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Financial Trends

Organization Details

Formation Year
1957
Legal Domicile
VA
Principal Officer
STACY VAUGHT
Phone
5404257603
Tax Period
2023-01-01 to 2023-12-31

BEDFORD MEMORIAL HOSPITAL, founded in 1957, is a mid-sized nonprofit in the Health Care sector that reported $40.6M in total revenue in fiscal year 2018. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

TO IMPROVE THE HEALTH OF THE COMMUNITY IT SERVES. THE HOSPITAL PROVIDES INPATIENT AND OUTPATIENT SURGERY, EMERGENCY, GERIATRIC AND REHABILITATIVE SERVICES.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $103,496
Program Service Revenue $51,613,050
Investment Income $1,200
Other Revenue $1,574,641
TOTAL REVENUE $53,292,387

Expense Breakdown

Grants Paid $1,260
Salaries & Benefits $21,450,909
Fundraising Expenses $0
Program Expenses $33,214,832
Other Expenses $23,434,591
TOTAL EXPENSES $44,886,760

Year-over-Year Comparison

2023 2022 Change
Revenue $53,292,387 $49,940,863 +0.1%
Expenses $44,886,760 $44,842,209 +0.0%
Net Income $8,405,627 $5,098,654 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
9
Employees
418
Volunteers
59

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
5
$1,287,575
Total Directors
13
$2,969,089
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMY CARRIER CENTRA PRESIDENT/CEO 2.0
Director
$0 $275,838 $1,559,458
HOLLY TRENT DIRECTOR/SECRETARY & TREASURER 2.0
Officer Director
$0 $74,595 $816,816
DARLENE NIGRO DIRECTOR 2.0
Director
$0 $53,370 $418,557
WILLIAM BASS JR VP & BMH CEO 50.0
Officer
$281,386 $15,115 $296,501
TARA ANGE RN ACUTE CARE WEO A 50.0
Highest
$131,429 $48,954 $180,383
MEGAN HORTON MANAGER PHARMACY OPERATIONS 50.0
Highest
$166,847 $11,557 $178,404
STACEY VAUGHT CNO & INTERIM HOSP. PRESIDENT 50.0
Officer Director
$169,250 $5,008 $174,258
KATHRYN RIDILLA PHARMACIST 50.0
Highest
$150,173 $9,438 $159,611
SARAH KURTZ DIRECTOR SURGICAL SERVICES 50.0
Highest
$143,376 $10,864 $154,240
GINGER MCCALL SUPERVISOR ADMINISTRATIVE 50.0
Highest
$130,580 $286 $130,866
CYNTHIA GUNNOE CHAIR 2.0
Officer Director
$0 $0 $0
MARY ZIRKLE VICE CHAIR 2.0
Officer Director
$0 $0 $0
DAVID SENSENIG DIRECTOR 2.0
Director
$0 $0 $0
RHETTA WATKINS DIRECTOR 2.0
Director
$0 $0 $0
JANICE LUTH DIRECTOR 2.0
Director
$0 $0 $0
TIMOTHY HAYDEN DIRECTOR 2.0
Director
$0 $0 $0
LEE ANN CALVERT DIRECTOR 2.0
Director
$0 $0 $0
ROBERT FEUERSTEIN DO DIRECTOR 2.0
Director
$0 $0 $0
EDWARD D HUFF JR DIRECTOR 2.0
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 $53,292,387 $44,886,760 $36,484,228 $8,405,627
2022 $49,940,863 $44,842,209 $41,836,048 $5,098,654
2021 $58,938,493 $43,333,048 $39,050,429 $15,605,445
2020 $44,686,074 $41,839,063 $49,553,536 $2,847,011
2019 $45,271,644 $43,431,202 $46,208,603 $1,840,442
2018 $40,568,084 $44,111,198 $45,307,614 $-3,543,114
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