Central Peninsula General Hospital Inc
100% goes to programs $0 to raise $100 Growing revenue
Central Peninsula General Hospital Inc is a 501(c)(3) organization based in Soldotna, Alaska, registered in 1994, with $657,693,734 in FY2023 revenue. CharityIndex grades it A+, and it directs about 100% of spending to programs.
250 Hospital Pl, Soldotna, AK, 99669 EIN 92-0077523 Since 1994
Revenue (FY2023)
$657.7M
▲ 8.5% vs prior year
Health median: $840K
Expenses (FY2023)
$641.0M
Net assets
$249.8M
Employees
1,378
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating100% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Central Peninsula General Hospital Inc: 100% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating5 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Central Peninsula General Hospital Inc: 5 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Central Peninsula General Hospital Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Central Peninsula General Hospital Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The mission of central peninsula hospital is to nurture our community by promoting health and wellness through quality healthcare. our vision is to focus on the needs of individuals guided by people's preferences and values, in a culture of quality, compassion, and partnership.
What they do
Skilled nursing and long term care services were provided by our 60 bed skilled nursing facility. heritage place provides healing and compassionate residential care in a home like setting. total resident days of care for the 2023 tax year were 17,121 days. an average of 47 residents per day were provided long term care and nursing. ancillary services for residents included 4,649 therapy treatments.
The hospital operates 16 family and specialty physician services clinics providing care in the following areas: family medicine, pediatrics, neurology, surgery, urology, podiatry, internal medicine, women's health, orthopedics, oncology, pain management, spine, diabetes management, gastroenterology, and outpatient substance abuse treatment. during the 2023 tax year physician and specialty services were provided for 51,230 visits. the urgent care clinic which began operations in tax year 2020 to provide for emergent care visits outside of the hospital had 8,087 visits during the year.
Contact & location
- Address
- 250 Hospital Pl, Soldotna, AK, 99669
- City
- Soldotna
- State
- Alaska
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $234.7M (FY2013) to $657.7M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $68.3MNet assets $249.8M
Operating margin
2.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$318.2M
Total liabilities
$68.3M
Net assets
$249.8M
Salaries & benefits
$136.9M
21% of expenses
Board members
11
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $657,693,734▲8.5% | $641,005,771▲9.7% | $249,842,704▲7.2% | $318,187,566▲3.2% | 990 |
| 2022 | $606,209,846▲11.7% | $584,234,257▲12.2% | $233,154,741▲10.4% | $308,441,653▲7.0% | 990 |
| 2021 | $542,948,022▲18.4% | $520,519,915▲15.4% | $211,194,170▲11.9% | $288,336,932▲7.3% | 990 |
| 2020 | $458,667,044▲12.9% | $451,041,379▲14.4% | $188,766,063▲4.2% | $268,737,849▼6.8% | 990 |
| 2019 | $406,184,448▲5.9% | $394,185,823▲5.0% | $181,140,398▲7.1% | $288,332,055▲8.4% | 990 |
| 2018 | $383,657,463▲6.6% | $375,524,898▲6.7% | $169,141,773▲5.1% | $266,081,604▲1.2% | 990 |
| 2017 | $360,071,311▲18.1% | $352,060,779▲15.7% | $161,009,208▲5.2% | $262,953,280▲16.3% | 990 |
| 2016 | $304,833,978▼2.2% | $304,282,326▲5.8% | $152,998,676▲0.4% | $226,141,503▼1.8% | 990 |
| 2015 | $311,745,897▲13.4% | $287,710,159▲11.7% | $152,447,024▲18.7% | $230,377,060▲8.6% | 990 |
| 2014 | $274,858,927▲17.1% | $257,681,957▲16.3% | $128,411,286▲15.4% | $212,108,821▲10.5% | 990 |
| 2013 | $234,698,782 | $221,471,715▲7.1% | $111,234,316▲13.5% | $191,966,077▲31.2% | 990 |
| 2012 | — | $206,803,942▲8.6% | $98,007,249▲17.0% | $146,313,507▲10.5% | 990 |
| 2011 | — | $190,425,166▲20.9% | $83,799,137▲11.8% | $132,450,612▲8.6% | 990 |
| 2010 | — | $157,463,167▲11.9% | $74,965,274▲7.9% | $121,920,884▲0.4% | 990 |
| 2009 | — | $140,691,328 | $69,491,373 | $121,468,958 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Michael Reyes — $1,405,512 (0.22% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michael Reyes | Orthopedic Surgeon | 40 | $1,405,512 |
| Herbert Bote | Orthopedic Surgeon | 40 | $1,100,877 |
| John Andreshak | Spine Surgeon | 40 | $1,052,197 |
| Robert Cadoff | Urologist | 40 | $945,284 |
| David King | Surgeon | 40 | $936,044 |
| Gregg Motonaga | Anesthesiologist/board Member | 40 | $849,041 |
| Gregory Hough | Surgeon | 40 | $809,721 |
| Jason Lattin | Surgeon | 40 | $768,531 |
| Darren Mullins | Oncologist | 40 | $670,945 |
| John Bramante | Physician/board Member | 40 | $563,158 |
| Shaun Keef | Ceo | 40 | $559,377 |
| Karen Scoggins | Cno/coo | 40 | $333,443 |
| Michael Haggerty | Cfo | 40 | $305,811 |
| Rick Davis | Ceo | 40 | $62,390 |
| Denise Plano | Cno | 40 | $44,616 |
| Steve Horn | Board President | 8 | $15,000 |
| Carrie Couey | Board Secretary/treasurer | 4 | $3,550 |
| Jay Rohloff | Board Member | 4 | $3,500 |
| Paul Ostrander | Board Vice President | 4 | $3,450 |
| Maxwell Best | Board Member | 4 | $3,100 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Medical Solutions LLC | Contract Employee Provider | $10,581,259 |
| Heath Systems Informatics | Healthcare Consulting Svcs | $3,111,431 |
| Alaska Hospitalist Group LLC | Physician Services - Hospitalist | $1,877,470 |
| Tegria Services Group - Us | Healthcare Consulting Svcs | $1,554,084 |
| Ettain Group | It Professional Resourcing | $1,488,308 |
Grants received · $1.0M total
1 grant to Central Peninsula General Hospital Inc totaling $1.0M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Alaska Community Foundation | Operational support | 2020 | $1,000,000 |
Grants made · $109K in FY2023
6 grants totaling $109K in FY2023. All grants made by Central Peninsula General Hospital Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Hospice of the Central Peninsula Inc | Bereavement program and annual wine event sponsorship | $36,400 |
| Kenai Peninsula Food Bank Inc | Sponsorship of soup supper, spring festival, and it's scary to be hungry | $25,000 |
| American Cancer Society Inc | Hooked on a cure sponsorship | $20,000 |
| Soldotna Chamber of Commerce | Diamond level community partner sponsorship and music in the park sponsor | $11,000 |
| Kenai Watershed Forum | Salmon run sponsorship | $10,000 |
| Bridges Community Resource Network Inc | Sponsorship of imagination library, soldotna equestrian, and women's rugby team | $6,500 |
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Frequently asked questions
- Is Central Peninsula General Hospital Inc a legitimate nonprofit?
- Yes. Central Peninsula General Hospital Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 92-0077523, based in Soldotna, Alaska. Donations are tax-deductible.
- What is Central Peninsula General Hospital Inc's EIN?
- Central Peninsula General Hospital Inc's Employer Identification Number (EIN) is 92-0077523.
- How much revenue does Central Peninsula General Hospital Inc report?
- Central Peninsula General Hospital Inc reported $657,693,734 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Central Peninsula General Hospital Inc's spending goes to programs?
- Central Peninsula General Hospital Inc spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Central Peninsula General Hospital Inc have?
- CharityIndex grades Central Peninsula General Hospital Inc A+, based on program efficiency and fundraising cost.
- How much does Central Peninsula General Hospital Inc's highest-paid employee make?
- The highest reported compensation on Central Peninsula General Hospital Inc's latest Form 990 is $1,405,512, paid to Michael Reyes (Orthopedic Surgeon).
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Data for Central Peninsula General Hospital Inc (EIN 92-0077523) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.