Carilion Rockbridge Community Hospital

EIN: 540568001 501(c)(3) Health Care

Roanoke, VA

Total Revenue
$83,124,781
Total Expenses
$74,145,756
Total Assets
$86,807,190
Net Assets
$65,556,277
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
VA
Phone
5402245102
Tax Period
2023-10-01 to 2024-09-30

Carilion Rockbridge Community Hospital, founded in 1955, is a mid-sized nonprofit in the Health Care sector that reported $83.1M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $74.1M left a modest 11% surplus.

Mission

Our mission is to improve the health of the communities we serve through our commitment to a common purpose of better patient care, better community health, and lower cost.

Program Service Accomplishments

Program 1
Expenses: $61,445,050 Revenue: $78,858,479

Carilion Rockridge Community Hospital, part of Carilion Clinic, is a not-for-profit healthcare organization committed to improving health outcomes for every patient while advancing the quality of...

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Carilion Rockridge Community Hospital, part of Carilion Clinic, is a not-for-profit healthcare organization committed to improving health outcomes for every patient while advancing the quality of care in the community it serves. Located in Lexington, Virginia, this 25-bed critical access hospital provides 24-hour emergency care and a full range of inpatient and outpatient services, including imaging, orthopedic, surgical and therapies. Carilion Rockbridge Community Hospital exists to serve the health care needs of its community, regardless of a patient's ability to pay. The acute hospital admitted 1,490 patients and provided 5,463 days of care during the year. Hospital programs include the provision of nursing care, swing bed services, extensive outpatient and inpatient surgical and endoscopic services, respiratory therapy, and diagnostic imaging services including CT, MRI, mammography, ultrasound, DEXA scan and nuclear medicine, women's services and sleep medicine. The hospital also offers integrated and comprehensive primary care services through multiple Rural Health Clinics, serving over 46,559 patient visits. The hospital provides several services targeting the specific health needs of its population, including diabetes management, physical, speech, and occupational therapy programs, participation in cardiac rehabilitation, pulmonary rehabilitation and disease management programs. Further, the hospital served 14,169 patient visits in its emergency department, which provides 24-hour care, emergency transportation, and a chest pain program. Emergency services are a critical component of the health safety net in the hospital's service area, acting as a vital health provider for a significant number of uninsured patients, who comprise nearly 6 percent of ED visits. The hospital supports community screenings and education on chronic disease prevention and management. In furtherance of its mission, the hospital provides extensive uncompensated care and community support. Stated at cost, financial assistance and other community benefits for the year exceeded $1.8 million.

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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 $534,217
Program Service Revenue $78,624,537
Investment Income $3,373,778
Other Revenue $592,249
TOTAL REVENUE $83,124,781

Expense Breakdown

Grants Paid $401,564
Salaries & Benefits $30,129,422
Fundraising Expenses $0
Program Expenses $61,445,050
Other Expenses $43,614,770
TOTAL EXPENSES $74,145,756

Year-over-Year Comparison

2023 2022 Change
Revenue $83,124,781 $75,880,252 +0.1%
Expenses $74,145,756 $70,231,833 +0.1%
Net Income $8,979,025 $5,648,419 +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
15
Independent Members
10
Employees
531
Volunteers
11

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
9
$4,756,849
Total Directors
15
$1,878,107
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James Williams Jr Director/Chair 2.5
Officer Director
$0 $0 $10,250
Juliet Gibson Director/Vice Chair 1.2
Officer Director
$0 $0 $0
Kimberly Shaw Director/Sec/Treasurer 1.2
Officer Director
$0 $0 $0
Alicia Devine MD Director 1.2
Director
$0 $25,916 $307,521
Amy DeHart Director 1.2
Director
$0 $0 $0
Ayesha Kelly MD Director 1.2
Director
$0 $19,835 $359,826
George Godette MD Director 1.2
Director
$0 $61,050 $636,484
Greg Madsen Director/Hospital VP 50.0
Director
$229,189 $44,461 $273,650
Josh Elrod Director 1.2
Director
$0 $0 $0
Lisa Sprinkel Director 1.2
Director
$0 $58,636 $290,376
Marylin Alexander Director 1.2
Director
$0 $0 $0
Nathan Ramsey Director 1.2
Director
$0 $0 $0
P Duaine Fitzgerald Director 1.2
Director
$0 $0 $0
Reginald Early Director 1.2
Director
$0 $0 $0
Tracy Lyons Director 1.2
Director
$0 $0 $0
Donald Halliwill Asst. Treasurer 0.5
Officer
$0 $167,911 $1,287,159
G Robert Vaughan Jr Asst. Treasurer 0.5
Officer
$0 $71,002 $529,010
J Harrison Lapuasa Asst. Treasurer 0.5
Officer
$0 $-1,202 $32,907
Julie Smith-Hamilton Asst. Secretary 0.5
Officer
$0 $18,375 $79,103
Nicholas Conte Asst. Secretary 1.0
Officer
$0 $174,893 $1,198,610
Steven Arner Asst. Secretary/COO, Carilion Clinic 2.0
Officer
$0 $209,618 $1,619,810
Aaron Glenn Nursing Senior Director 40.0
Highest
$139,923 $28,362 $168,285
Jessica Saville Pharmacy Manager 37.0
Highest
$177,925 $12,095 $190,020
Laura Mays Nurse Practitioner 50.0
Highest
$122,156 $5,258 $127,414
Phyllis Snyder RN Lead 40.0
Highest
$163,405 $52,234 $215,639
Tracy Higgins Nursing Unit Director 40.0
Highest
$157,120 $13,948 $171,068
David Hagadorn Former Officer 0.0
$0 $25,072 $184,176
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 $83,124,781 $74,145,756 $86,807,190 $8,979,025
2023 $75,880,252 $70,231,833 $85,418,994 $5,648,419
2022 $70,468,637 $65,306,722 $76,023,109 $5,161,915
2021 $65,688,825 $58,865,333 $80,568,602 $6,823,492
2020 $53,030,764 $47,343,526 $70,108,246 $5,687,238
2019 $46,106,852 $42,617,790 $63,003,950 $3,489,062
2018 $42,164,273 $39,479,184 $55,362,643 $2,685,089
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