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Virginia Gay Hospital Inc.

Virginia Gay Hospital Inc.

Vinton, IA 523492254
Tax ID42-1231996

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About this organization

Revenue

$28,891,057

Expenses

$28,085,814

Mission

Provision of health care services

About

Virginia Gay Hospital leads delivery of healthcare to its region through over 280 associates (including 19 providers) who coordinate care to deliver patient care as an integrated unit. Virginia Gay Hospital and its affiliates also work seamlessly to meet the needs of the communities they serve. The Hospital provides care to patients and residents who meet certain criteria under its charity care policy without charge or at amounts less than established rates. Because the Hospital does not pursue collection of amounts determined to qualify as charity care, they are not reported as revenue. The amounts of charges foregone for services provided under the Hospital's charity care policy were $127,759 for the year ended June 30, 2019. Total direct and indirect costs related to these charges foregone were approximately $66,000 at June 30, 2019, based on an average ratio of cost to gross charges.In addition, the Hospital provides services to other patients under certain government-reimbursed public aid programs. Such programs pay providers amounts which are less than established charges for the services provided to the recipients, and for some services the payments are less than the cost of rendering the services provided.The Hospital also commits significant time and resources to endeavors and critical services which meet otherwise unfulfilled community needs. Many of these activities are sponsored with the knowledge that they will not be self-supporting or financially viable.Virginia Gay Hospital also makes medical care accessible to the entire community it serves. The Hospital operates a full-time emergency room and provides emergency care regardless of ability to pay. Virginia Gay Hospital had over 3,347 emergency room visits this year. The Hospital provides clinical services needed to operate the emergency room and provides on-site emergency medical care and medical transportation services through an area ambulance service, van service, and an onsite helipad.The Hospital had 32,649 outpatient visits and the rural health clinics had 39,531 visits.

Interesting data from their 2020 990 filing

The filing outlines the non-profit's goal as “Our purpose is to provide quality health care services by using innovative, growth-oriented techniques and maintaining a sound financial base.”.

When explaining its purpose, the activities were outlined as: “Provision of health care services”.

  • As per legal reporting requirements, the state of operation for the non-profit is IA.
  • The non-profit's address for 2020 is listed as 502 N 9th Avenue, Vinton, IA, 523492254 in the filing.
  • As per the non-profit's form, they have 356 employees as of 2020.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $805,243.
  • The organization has 5 independent voting members.
  • The organization was formed in 1923.
  • The organization pays $15,813,984 in salary, compensation, and benefits to its employees.
  • The organization pays $79,189 in fundraising expenses.

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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