Gainesville Community Hospital Inc

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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

2018

Legal Domicile

Phone

9406651751

Tax Period

2022-07-01 to 2023-06-30

Gainesville Community Hospital Inc, founded in 2018, is a mid-sized nonprofit in the Health Care sector that reported $43.7M in total revenue in fiscal year 2022.

Mission

NONE

Program Service Accomplishments

Program 1

Expenses: $29,855,821 Revenue: $42,855,331

GCH IS A COMMUNITY HEALTH PROVIDER THAT SERVES THE COMMUNITY REGARDLESS OF ANY INDIVIDUAL'S RACE, CREED, NATIONALITY, OR ABILITY TO PAY FOR SERVICES INCLUDING INPATIENT, OUTPATIENT, AND EMERGENCY...

GCH IS A COMMUNITY HEALTH PROVIDER THAT SERVES THE COMMUNITY REGARDLESS OF ANY INDIVIDUAL'S RACE, CREED, NATIONALITY, OR ABILITY TO PAY FOR SERVICES INCLUDING INPATIENT, OUTPATIENT, AND EMERGENCY CARE IN SUPPORT OF THE HOSPITAL'S HEALTHCARE MISSION. DURING THE YEAR ENDED JUNE 30, 2023, WE HAD 1,539 ADMISSIONS, 6,470 PATIENT DAYS, 18,037 ER VISITS, 223 INPATIENT SURGERIES AND 1,122 OUTPATIENT SURGERIES. THE AVERAGE DAILY CENSUS WAS 17.7 PATIENTS AND THE AVERAGE LENGTH OF STAY WAS 4.2 DAYS. GCH UTILIZES THE MOST ADVANCED TECHNOLOGIES RIVALING THOSE OF MAJOR CITIES IN A COMFORTABLE ENVIRONMENT CLOSE TO HOME. WE OFFER INPATIENT, OUTPATIENT, AND EMERGENCY SERVICES WITH COMPASSIONATE CARE, FOCUSING ON RESPECT AND CARE FOR THE WHOLE PERSON. AT GCH, WE ARE DETERMINED TO BUILD AN UNRIVALED REPUTATION FOR OUR OUTSTANDING SERVICE AND DELIVERY OF CARE. WE OFFER ADVANCED SERVICES AND PROGRAMS INCLUDING A SERENE BIRTHING CENTER, SPECIALTY CLINICS, COMPREHENSIVE PUBLIC HEALTH SERVICES AND SPECIALIZED NUTRITION PROGRAMS FOR WOMEN, INFANTS AND CHILDREN. WORKING TOGETHER, OUR GOAL IS TO PROVIDE MEMBERS OF THE COMMUNITY WITH 'ADVANCED HOMETOWN WORKING TOGETHER, OUR GOAL IS TO PROVIDE MEMBERS OF THE COMMUNITY WITH "ADVANCED HOMETOWN HEALTHCARE."

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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 (2022)

Revenue Breakdown

Contributions & Grants $853,582

Program Service Revenue $42,634,731

Investment Income $0

Other Revenue $244,219

TOTAL REVENUE $43,732,532

Expense Breakdown

Grants Paid $0

Salaries & Benefits $23,332,855

Fundraising Expenses $0

Program Expenses $29,855,821

Other Expenses $21,583,393

TOTAL EXPENSES $44,916,248

Year-over-Year Comparison

	2022	2021	Change
Revenue	$43,732,532	$45,244,281	0.0%
Expenses	$44,916,248	$43,822,359	+0.0%
Net Income	$-1,183,716	$1,421,922	-1.8%

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

N/A

Employees

418

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

$2,065,936

Total Directors

$2,185,710

Key Employees

$153,943

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Director/President	1.0	Officer Director	$0	$52,506	$525,109
N/A	Director	0.2	Director	$0	$138,727	$1,660,601
N/A	Director	1.0	Director	$0	$0	$0
N/A	Treasurer	0.4	Officer	$0	$38,701	$432,784
N/A	Secretary	0.1	Officer	$0	$33,792	$457,957
N/A	CFO (Until 12/22)	40.0	Officer	$0	$52,265	$270,026
N/A	CFO (Start 12/22)	40.0	Officer	$0	$795	$14,906
N/A	CEO	40.0	Officer	$0	$52,265	$365,154
N/A	CNO	40.0	Key Emp	$0	$10,002	$153,943
N/A	GENERAL SURGEON	40.0	Highest	$676,891	$0	$676,891
N/A	Internal Med. Physician	40.0	Highest	$241,410	$0	$241,410
N/A	ORTHOPEDIC SURGEON	40.0	Highest	$635,215	$0	$635,215
N/A	OB/GYN Physician	40.0	Highest	$305,564	$0	$305,564
N/A	OB/GYN PHYSICIAN	40.0	Highest	$365,984	$0	$365,984

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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$43,732,532	$44,916,248	$15,857,179	$-1,183,716
2022	$45,244,281	$43,822,359	$17,103,108	$1,421,922
2021	$44,869,331	$42,207,297	$14,528,916	$2,662,034
2020	$42,038,520	$38,349,873	$19,111,234	$3,688,647
2019	$32,496,888	$30,196,238	$13,693,455	$2,300,650