Halifax Regional Hospital Inc
75% goes to programs $0 to raise $100
Halifax Regional Hospital Inc is a 501(c)(3) organization based in Virginia Bch, Virginia, registered in 1956, with $98,174,906 in FY2024 revenue. CharityIndex grades it C+, and it directs about 75% of spending to programs.
1300 Sentara Park, Virginia Bch, VA, 23464 EIN 54-0648699 Since 1956
Revenue (FY2024)
$98.2M
▼ 1.1% vs prior year
Health median: $840K
Expenses (FY2024)
$124.2M
Net assets
$26.6M
Employees
466
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →B+Program efficiency40% of the rating75% 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 Halifax Regional Hospital Inc: 75% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating3 mo reserves · -27% 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 Halifax Regional Hospital Inc: 3 mo reserves · -27% margin earns a D 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 Halifax Regional 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 Halifax Regional Hospital Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
As part of sentara health's integrated health care system, we improve health every day.
Contact & location
- Address
- 1300 Sentara Park, Virginia Bch, VA, 23464
- City
- Virginia Bch
- State
- Virginia
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $96.0M (FY2014) to $98.2M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $26.4MNet assets $26.6M
Operating margin
-26.5%
Spent more than it raised in the latest fiscal year.
Total assets
$53.0M
Total liabilities
$26.4M
Net assets
$26.6M
Salaries & benefits
$45.4M
37% of expenses
Board members
13
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $98,174,906▼1.1% | $124,199,272▼3.6% | $26,600,366▼31.2% | $52,977,021▲3.8% | 990 |
| 2023 | $99,256,514▼4.3% | $128,841,718▲5.3% | $38,662,181▲8.3% | $51,020,502▼8.5% | 990 |
| 2022 | $103,666,091▲0.1% | $122,363,127▲12.2% | $35,710,746▲7.4% | $55,731,524▲4.1% | 990 |
| 2021 | $103,521,526▲20.5% | $109,096,142▲23.6% | $33,234,858▲23.3% | $53,542,456▲7.9% | 990 |
| 2020 | $85,918,796▼1.7% | $88,299,139▼2.4% | $26,953,986▼35.6% | $49,612,708▼1.1% | 990 |
| 2019 | $87,405,897▲4.4% | $90,426,609▲5.9% | $41,881,249▼6.3% | $50,187,984▼1.4% | 990 |
| 2018 | $83,730,729▼5.0% | $85,389,837▼6.4% | $44,686,886▼0.2% | $50,881,985▼0.9% | 990 |
| 2017 | $88,173,203▼1.1% | $91,242,269▲3.8% | $44,769,926▼64.2% | $51,362,748▼66.1% | 990 |
| 2016 | $89,190,172▲4.6% | $87,885,986▼5.3% | $124,923,288▲28.0% | $151,635,157▲11.9% | 990 |
| 2015 | $85,275,913▼11.2% | $92,770,444▲1.5% | $97,589,701▲11.2% | $135,505,367▲2.0% | 990 |
| 2014 | $96,032,477 | $91,392,490▼11.7% | $87,798,206▲7.1% | $132,809,118▲4.7% | 990 |
| 2012 | — | $103,460,136▲9.9% | $81,988,275▲28.1% | $126,841,705▲15.1% | 990 |
| 2011 | — | $94,174,042▲13.3% | $63,993,819▼6.3% | $110,244,949▼2.5% | 990 |
| 2010 | — | $83,082,955▲3.2% | $68,326,033▲6.6% | $113,048,825▲4.2% | 990 |
| 2009 | — | $80,510,552 | $64,110,132 | $108,473,291 | 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 (FY2024)
Highest-paid: Victor Mihal — $383,598 (0.31% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Victor Mihal | Physician | 40 | $383,598 |
| Pablo Souza Md | Physician | 40 | $379,510 |
| Sowmya Srimanthula Md | Physician | 40 | $341,508 |
| Brian K Zwoyer | President | 40 | $336,387 |
| Joni O Abbott | Physician | 40 | $293,671 |
| Candace Clocker | Physician | 40 | $281,652 |
| Nicole L Dockery | Ke (vp, Cno) | 40 | $230,625 |
| Sherri F Bee | Ke (dir Cardiac Svcs) | 40 | $184,016 |
| Habib Bassil Md | Director/secretary | 1 | $68,375 |
| Terrance J Truitt Md | Director | 1 | $19,138 |
| Carol C Thomas | Director/chair | 1.6 | — |
| Dabney Tp Gilliam Jr | Director | 1 | — |
| David H White Jr | Director | 1 | — |
| Jeremy Satterfield | Director | 1 | — |
| J Kenneth Morgan | Director | 1 | — |
| Joanne M Inman | Director | 1 | — |
| Kathryn F Roberts | Director | 1 | — |
| Megan R Perry | Director/treasurer | 1 | — |
| Paul A Gaden | Director/vice Chair | 1 | — |
| Said B Iskandar Md | Director (voting Ex-officio) | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Premier Anesthesia of Va | Healthcare Staffing Solutions | $3,398,802 |
| Wm Jordan Company Inc | Construction | $2,638,318 |
| Pulmonary Associates of Southside Va | Medical Professional Services | $2,172,406 |
| Kahler Slater Inc | Architectural Services | $2,126,869 |
| Mep Health LLC | Healthcare Services | $2,026,310 |
Grants made · $1.6M in FY2024
1 grant totaling $1.6M in FY2024. All grants made by Halifax Regional Hospital Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Sentara Health | Corporate allocation to parent | $1,576,120 |
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Compare Halifax Regional Hospital Inc
Frequently asked questions
- Is Halifax Regional Hospital Inc a legitimate nonprofit?
- Yes. Halifax Regional Hospital Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-0648699, based in Virginia Bch, Virginia. Donations are tax-deductible.
- What is Halifax Regional Hospital Inc's EIN?
- Halifax Regional Hospital Inc's Employer Identification Number (EIN) is 54-0648699.
- How much revenue does Halifax Regional Hospital Inc report?
- Halifax Regional Hospital Inc reported $98,174,906 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Halifax Regional Hospital Inc's spending goes to programs?
- Halifax Regional Hospital Inc spends about 75% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Halifax Regional Hospital Inc have?
- CharityIndex grades Halifax Regional Hospital Inc C+, based on program efficiency and fundraising cost.
- How much does Halifax Regional Hospital Inc's highest-paid employee make?
- The highest reported compensation on Halifax Regional Hospital Inc's latest Form 990 is $383,598, paid to Victor Mihal (Physician).
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Data for Halifax Regional Hospital Inc (EIN 54-0648699) 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.