Is Sunnyview Hospital And Rehabilitation Center Legit?

Sunnyview Hospital And Rehabilitation Center demonstrates consistent financial operations as a healthcare provider. Over the past decade, the organization has generally maintained a positive net income, with revenues consistently exceeding expenses in most years, such as $63,251,505 in revenue against $60,013,511 in expenses in 2021. However, the most recent two periods (2022 and 2023) show a slight deficit, with expenses exceeding revenues by approximately $4.1 million and $0.8 million respectively, indicating a recent shift in financial performance. The organization's assets have shown growth over the long term, from $49,202,131 in 2014 to $58,508,078 currently, suggesting a stable asset base. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available, indicating a commitment to public disclosure. A notable aspect of its financial reporting is the consistent 0% officer compensation reported across all available filings. This suggests that the organization's leadership may be compensated through other means not categorized as 'officer compensation' on the 990, or that executive roles are filled by individuals not receiving compensation directly from the nonprofit, which warrants further investigation for a complete understanding of executive remuneration. Overall, Sunnyview Hospital appears to be a financially stable entity with a long history of service. While the recent deficits in 2022 and 2023 bear watching, the overall trend of asset growth and consistent revenue generation points to a well-established operation. The lack of reported officer compensation on the 990s is a unique characteristic that could be interpreted as a strength in terms of minimizing administrative overhead, or as an area requiring more detailed inquiry to fully understand executive remuneration practices.