Overview
What is Nordx?
Nordx is a Maine-based nonprofit organization that offers top-notch and cost-effective laboratory services to healthcare providers and institutions. Their commitment extends to hospitals, networks, physician offices, post-acute and long-term care providers, managed care organizations, and employer groups in the region. By emphasizing customer satisfaction, value, innovation, technology, and exceptional service, Nordx strives to maximize the efficiencies and quality of clinical diagnostic, blood banking, and anatomic pathology laboratory services within the MaineHealth Services Network.
Official website here: www.nordx.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Stars)
Nordx has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The charity's score is based entirely on its financial practices, indicating a strong commitment to transparency and responsible management of resources. The ratings highlight that Nordx has no material diversion of assets and scores full points in several governance areas, including its audit and oversight processes.
The organization demonstrates a high level of accountability through its documented policies, including conflict of interest and whistleblower protections. Furthermore, its program expense ratio is notably high at 90.42%, suggesting that a significant portion of funds raised is directed towards its programs rather than administrative costs. This is a positive indicator for potential donors looking for effective use of their contributions.
However, while the financial metrics are commendable, the single-beacon approach means that the overall score lacks a broader perspective on other dimensions of effectiveness that might be relevant to stakeholders. Potential donors might want to explore additional information about Nordx's programs and impact beyond financial accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Nordx legitimate?
Nordx is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nordx submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $661,648
Professional Fundraising Fees: $0
Other Salaries and Wages: $34,696,943
For more financial information, click here
Official website here: www.nordx.org
What is the mission statement of Nordx?
Nordx is dedicated to enhancing the efficiency and quality of clinical diagnostic, blood banking, and anatomical pathology laboratory services across various healthcare networks. Their mission prioritizes customer satisfaction, value, innovation, technology, and exceptional service. By offering comprehensive and reliable laboratory services, they cater to hospitals, networks, physician offices, post-acute and long-term care providers, managed care organizations, and employer groups, ensuring superior quality and cost-effective solutions.
Official website here: www.nordx.org
Who is the CEO of Nordx?
Mr Martinez-Torres is the Principal Officer of Nordx. The CEO's salary of Nordx is $0 and their total compensation is $1,020,929.
Official website here: www.nordx.org
What is the revenue of Nordx?
Nordx's revenue in 2022 was $133,548,759.
Official website here: www.nordx.org
Who are the executives of Nordx and what are their salaries?
Here are 19 key members and their salaries (Nordx's CEO's salary is $0 and their total compensation is $1,020,929):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $341,282
- Other: $38,610
- Compensation: $0
- Related: $380,364
- Other: $45,397
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $589,689
- Other: $104,045
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,119,076
- Other: $111,113
- Compensation: $0
- Related: $605,130
- Other: $90,694
- Compensation: $0
- Related: $1,079,958
- Other: $114,592
- Compensation: $0
- Related: $116,158
- Other: $28,748
- Compensation: $329,821
- Related: $0
- Other: $25,232
- Compensation: $210,696
- Related: $0
- Other: $52,942
- Compensation: $312,811
- Related: $0
- Other: $47,689
- Compensation: $166,182
- Related: $0
- Other: $39,309
- Compensation: $142,915
- Related: $0
- Other: $19,095
- Compensation: $129,710
- Related: $0
- Other: $23,596
- Compensation: $131,601
- Related: $0
- Other: $33,989
- Compensation: $0
- Related: $222,315
- Other: $56,009
- Compensation: $0
- Related: $982,134
- Other: $38,795
Official website here: www.nordx.org
Where can I find the form 990 for Nordx?
Nordx's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nordx.org
Learn more at the official website: www.nordx.org
Mission Statement of Nordx
Nordx, a leading laboratory services provider, is dedicated to enhancing the efficiency and quality of clinical diagnostic, blood banking, and anatomic pathology laboratory services throughout the MaineHealth Services Network. By prioritizing superior quality and cost-effective solutions, Nordx aims to exceed customer expectations and deliver value, innovation, technology, and exceptional service.
Nordx offers comprehensive and reliable laboratory services tailored to meet the unique needs of hospitals, networks, physician offices, post-acute and long-term care providers, managed care organizations, and employer groups. Through their commitment to customer satisfaction, Nordx enables healthcare partners to provide accurate and timely diagnoses, ensuring the best possible patient outcomes.
By emphasizing innovation and technology, Nordx integrates advanced solutions into their services, enabling their partners to access crucial information quickly and effectively. In addition, their expertise in anatomic pathology ensures that precise and reliable results are delivered, empowering healthcare providers to make informed decisions for their patients.
Nordx's mission extends beyond laboratory services, as they strive to build strong partnerships with their healthcare clients. Through a collaborative approach, they work alongside their partners to optimize workflows and streamline processes, ultimately improving overall operational efficiency and effectiveness.
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Impact
August, 2024
Nordx's impact lies in maximizing the efficiencies and quality of clinical diagnostic, blood banking, and anatomic pathology laboratory services within the MaineHealth services network. By providing superior quality and cost-effective laboratory services, Nordx supports healthcare partners with a focus on customer satisfaction, value, innovation, technology, and exceptional service. Nordx's comprehensive and dependable laboratory services benefit hospitals, networks, physician offices, post-acute and long-term care providers, managed care organizations, and employer groups throughout the region.
This information is meant to be a general summary of Nordx. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $690,907
- Program Service Revenue: $131,181,410
- Gross Receipts: $324,937,871
Assets and Liabilities:
- Total Assets: $127,939,345
- Total Liabilities: $15,834,148
- Net Assets: $112,105,197
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Lab test revenue
Revenue
$131,181,410
Organization Details
Founding Year
1997
Phone
(207) 396-7812Principal Officer
Mr Martinez-Torres
Main Address
301A US Route One, Scarborough, ME, 04074
Website
www.nordx.orgNTEE Category
Code: E99 - Health
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