Conway Hospital Inc
84% goes to programs $0 to raise $100 Strong reserves Growing revenue
Conway Hospital Inc is a 501(c)(3) organization based in Conway, South Carolina, registered in 1955, with $358,196,264 in FY2023 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
300 Singleton Ridge Rd, Conway, SC, 29526 EIN 57-0314381 Since 1955
Revenue (FY2023)
$358.2M
▲ 10.8% vs prior year
Health median: $840K
Expenses (FY2023)
$351.3M
Net assets
$527.9M
Employees
2,380
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating84% 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 Conway Hospital Inc: 84% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating18 mo reserves · +2% 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 Conway Hospital Inc: 18 mo reserves · +2% 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 Conway Hospital Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Conway Hospital Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To improve overall health of the community by being a leader in health care.
Contact & location
- Address
- 300 Singleton Ridge Rd, Conway, SC, 29526
- City
- Conway
- State
- South Carolina
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $158.1M (FY2013) to $358.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $270.3MNet assets $527.9M
Operating margin
1.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$798.3M
Total liabilities
$270.3M
Net assets
$527.9M
Salaries & benefits
$177.1M
50% of expenses
Board members
21
19 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $358,196,264▲10.8% | $351,269,512▲13.6% | $527,929,455▲14.9% | $798,279,238▲10.0% | 990 |
| 2022 | $323,204,485▲16.5% | $309,085,981▲7.8% | $459,273,743▲14.1% | $725,784,264▲20.4% | 990 |
| 2021 | $277,441,794▲9.8% | $286,711,364▲15.8% | $402,661,767▼10.2% | $602,891,822▼4.8% | 990 |
| 2020 | $252,727,872▲16.4% | $247,657,263▲20.9% | $448,639,853▲6.5% | $633,399,313▲14.2% | 990 |
| 2019 | $217,207,956▲9.5% | $204,872,807▲25.9% | $421,176,229▲1.7% | $554,679,264▲1.4% | 990 |
| 2018 | $198,377,116▲11.6% | $162,674,811▲0.6% | $413,934,403▲9.9% | $547,033,854▲5.6% | 990 |
| 2017 | $177,803,634▲12.5% | $161,702,266▲4.1% | $376,785,240▲3.2% | $518,162,163▲1.3% | 990 |
| 2016 | $158,084,838▼4.9% | $155,341,242▲8.0% | $365,071,055▲3.3% | $511,639,806▲15.6% | 990 |
| 2015 | $166,168,716▲4.0% | $143,886,376▲6.5% | $353,308,575▲6.7% | $442,657,878▲4.3% | 990 |
| 2014 | $159,773,555▲1.1% | $135,128,520▲9.0% | $331,000,455▲5.9% | $424,315,697▲8.7% | 990 |
| 2013 | $158,072,481 | $123,991,432▲0.3% | $312,492,076▲12.4% | $390,224,540▲8.9% | 990 |
| 2012 | — | $123,658,287▲0.8% | $278,119,644▲11.2% | $358,229,547▲4.9% | 990 |
| 2011 | — | $122,731,794▼15.1% | $250,042,786▲10.0% | $341,352,922▲6.1% | 990 |
| 2010 | — | $144,613,105 | $227,271,673▲6.2% | $321,635,685▲4.1% | 990 |
| 2009 | — | $144,618,556 | $213,918,284 | $309,034,146 | 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: Brian Argo — $961,045 (0.27% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Brian Argo | Ceo | 40 | $961,045 |
| Bret Barr | Trustee/former Ceo | 40 | $952,412 |
| George Sandoz | Physician | 40 | $937,610 |
| Aaron Epstein | Physician | 40 | $849,486 |
| Daniel Reid | Physician | 40 | $808,770 |
| Yumeng Li | Physician | 40 | $793,687 |
| Michael Odle | Physician | 40 | $789,310 |
| Hafez Hayek | Trustee (as of 04/24)/chief of Staff | 40 | $633,295 |
| Paul Richardson | Chief Medical Officer | 40 | $588,224 |
| David Mier | Cfo | 40 | $416,787 |
| Angela Williford | Chief Risk Officer | 40 | $370,193 |
| Ted Milford | Chief Development Officer | 40 | $353,289 |
| Andrea Erickson | Chief Nursing Officer | 40 | $319,793 |
| Kevin Lovett | Former Vp of Facilities(thru 2/23) | 40 | $266,457 |
| Barb Biehner | Trustee | 1 | — |
| Bill Schiff | Trustee (thru 03/24) | 1 | — |
| Bryan Dunn | Trustee (as of 04/24) | 1 | — |
| Christy Everette | Trustee | 1 | — |
| Curt Shaw | Trustee (thru 03/24) | 1 | — |
| Delan Stevens | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Qualivis LLC | Nurse Staffing | $6,828,321 |
| Cerner | It Computer Systems and Support Services | $3,959,695 |
| Locumtenens | Physician Coverage Services | $2,712,133 |
| Hospital Medicine Associates LLC | Hospitalist and Intensivist Services | $2,368,889 |
| Trimedx | Clinical Equipment and Asset Management | $2,094,726 |
Grants made · $321K in FY2023
4 grants totaling $321K in FY2023. All grants made by Conway Hospital Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Coastal Carolina University | General purpose | $240,000 |
| Conway Hospital Foundation Inc | General purpose | $64,068 |
| United Way of Horry County Inc | General purpose | $10,000 |
| Horry-georgetown Technical College Foundation Incorporated | General purpose | $6,667 |
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Frequently asked questions
- Is Conway Hospital Inc a legitimate nonprofit?
- Yes. Conway Hospital Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 57-0314381, based in Conway, South Carolina. Donations are tax-deductible.
- What is Conway Hospital Inc's EIN?
- Conway Hospital Inc's Employer Identification Number (EIN) is 57-0314381.
- How much revenue does Conway Hospital Inc report?
- Conway Hospital Inc reported $358,196,264 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Conway Hospital Inc's spending goes to programs?
- Conway Hospital Inc spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Conway Hospital Inc have?
- CharityIndex grades Conway Hospital Inc A, based on program efficiency and fundraising cost.
- How much does Conway Hospital Inc's highest-paid employee make?
- The highest reported compensation on Conway Hospital Inc's latest Form 990 is $961,045, paid to Brian Argo (Ceo).
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Data for Conway Hospital Inc (EIN 57-0314381) 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.