Hospital for Extended Recovery

Nonprofit profile at a glance

EIN
521277417
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Norfolk, VA, USA
Phone
7573881700
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Hospitals and Related Primary Medical Care Facilities

Official website

Reported finances

Revenue
$8,335,442
Expenses
$12,573,550
Assets
$7,160,811
Liabilities
$4,869,484

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • Aimee Marie Vergara (CEO)

Highest reported compensation

  • Aimee Marie Vergara (CEO): $265,919 total reported compensation
  • Tracey Kane (Clinical Manager): $203,701 total reported compensation
  • Jean Lassiter (RN): $165,399 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The hospital provides health care services to acutely ill individuals without regard to race, creed, color, national origin, gender, disability or ability to pay.

What it reported doing in 2024

Hospital for Extended Recovery ('HER') was formed to provide restorative care to acutely ill individuals with conditions including, but not limited to, post surgery, respiratory ailments, wound care, cancer and cardiac patients and those dependent on ventilator care whose condition is so significant that an average stay of four weeks or more is expected. "HER" meets the medical, therapeutic and rehabilitative needs of individuals using an interdisciplinary team approach incorporating medical management and therapies in an effort to restore individual quality of life to as high a degree of normalcy as possible. Treatment is structured to reduce patient dependency on others and to promote self-help and independence. "HER" is part of the continuum of care that begins with acute hospital care and continues through various venues. "HER" has 35 licensed beds and provided 5,356 days of care during the year ended 5/31/25. Because "HER" is a hospital within a hospital, our patients benefit from the expertise and technology in the region's first magnet designated hospital and the nationally ranked heart program at Sentara Norfolk General Hospital and Sentara Heart Hospital. "HER" is ranked higher than the national average in quality data from Care Compare; and more "HER" patients successfully return to home and the community. As part of Sentara Healthcare, "HER" participates in many of the Sentara initiatives to improve patient care. Examples are: improving patient safety through technology by using a protected network linking patient medical information between hospitals, physician practices and other care sites and using barcode technology to reduce bedside medication errors.

Operating model

Revenue model
Other-operating. 98% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 82
  • Accountability: 100
  • Sustainability: 12
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 92.4%; rating input score 92
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -50.8%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0.57; rating input score 20; 20th percentile among comparable filings
  • Liabilities to assets ratio: 0.68; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 10.1%; rating input score 30; 30th percentile among comparable filings

Growth

  • Program expense growth: 2% per year; rating input score 100; 22nd percentile among comparable filings
  • Revenue growth: -1.1% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: -0.5% per year; rating input score 0; 11th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 92.4% of spending went to programs
  • Governance: 6 of 6 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $11.6M in reported program spending
  • Leadership: top reported pay $266K · 13 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $4.2M reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 6 filed schedules · includes executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 2/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 20/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.
  • Moderate — Sustainability: Officer compensation ratio scored 30/100.