Signature Healthcare Corporation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042103554 ✦ Brockton, MA ✦ Designated as a 501(c)(3)

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Overview

What is Signature Healthcare Corporation?

Signature Healthcare Corporation is a nonprofit organization situated in southeastern Massachusetts, serving as a pioneer in community-based healthcare delivery. Their operations encompass primary care, specialized medical services, hospital care, and ancillary services, all provided in a coordinated manner. They collaborate with various affiliated organizations, including medical centers, healthcare facilities, nursing homes, laboratories, clinics, and other medical spaces. These cooperative entities engage in charitable, educational, and scientific activities. The primary goal is to benefit Brockton Hospital Inc. and its corporate affiliates, as outlined in their mission statement.


Official website here: www.signature-healthcare.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: One-Star out of Four Stars (53%)

Signature Healthcare Corporation has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial health and operational effectiveness. The organization scored 53% overall, suggesting that it may face challenges in resource management and program execution. While the accountability and finance components reflect a strong governance structure with full points in board independence and oversight practices, there are notable weaknesses in its financial ratios.

The organization’s program expense ratio stands at only 6.49%, which raises questions about its commitment to direct program services relative to its overall expenditures. Furthermore, the fundraising efficiency ratio of $0.35 suggests that a considerable portion of funds raised is consumed by fundraising efforts rather than benefitting the intended cause. This efficiency metric indicates a potential issue in how effectively the organization is utilizing its resources to generate support.

Despite these challenges, Signature Healthcare Corporation demonstrates a commitment to proper governance with policies in place for conflict of interest and whistleblower protections. However, the financial data highlights an urgent need for improvement in program funding and fundraising strategies to enhance its rating and impact.


This AI summary has been generated from information found on Charity Navigator.

Is Signature Healthcare Corporation legitimate?

Signature Healthcare Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Signature Healthcare Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.signature-healthcare.org

What is the mission statement of Signature Healthcare Corporation?

Signature Healthcare Corporation is committed to spearheading the community-based healthcare delivery system in a specific region, primarily focusing on Massachusetts' southeastern area. Their services encompass primary care, specialized medical treatments, hospital care, and ancillary services. The corporation collaborates with various affiliated organizations, such as medical centers, healthcare facilities, and clinics, to carry out charitable, educational, and scientific endeavors.


Official website here: www.signature-healthcare.org

Who is the CEO of Signature Healthcare Corporation?

Robert J Haffey is the President/Ceo (Until 01/2022) of Signature Healthcare Corporation. The CEO's salary of Signature Healthcare Corporation is $0 and their total compensation is $49,397.


Official website here: www.signature-healthcare.org

What is the revenue of Signature Healthcare Corporation?

Signature Healthcare Corporation's revenue in 2022 was $2,454,583.


Official website here: www.signature-healthcare.org

Who are the executives of Signature Healthcare Corporation and what are their salaries?

There 100 volunteers at Signature Healthcare Corporation.


Here are 27 key members and their salaries (Signature Healthcare Corporation's CEO's salary is $0 and their total compensation is $49,397):


Kim N Hollon (President/Ceo (Until 01/2022))
  • Compensation: $0
  • Related: $821,713
  • Other: $31,606
David Drinkwater Md (Physician Elect)
  • Compensation: $0
  • Related: $667,205
  • Other: $35,421
Kevin G Murphy (Cfo)
  • Compensation: $0
  • Related: $447,170
  • Other: $27,178
Kimberly Walsh (Sr. Vp/Chief Nursing Officer)
  • Compensation: $0
  • Related: $361,560
  • Other: $13,079
Stephen Borges (Interim Cfo)
  • Compensation: $0
  • Related: $240,552
  • Other: $24,578
Robert S Greenberg Md (Trustee)
  • Compensation: $0
  • Related: $204,439
  • Other: $11,772
Michael L Dern Md (Trustee)
  • Compensation: $0
  • Related: $201,231
  • Other: $1,713
Robert Haffey (President/Ceo (As Of 01/2022))
  • Compensation: $0
  • Related: $49,155
  • Other: $242
Dale Ellenberg Md (Trustee (As Of 01/22))
  • Compensation: $0
  • Related: $350
  • Other: $0
Joseph Drier (Chairman Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0
David F Engelkemeyer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Frenette (Trustee (Until 11/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Harris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Leary (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugene Marrow (Trustee (Until 11/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Marturano (Trustee (As Of 01/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Luke Mccabe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clara Miranda (Trustee (As Of 01/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Niccoli (Chair Dev Office Board Of Gov)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Offutt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patti Roland (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deepti Seshadri Md (Presi. Medical (As Of 07/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Khaled Sorour Md (Presi. Medical (Until 06/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Sullivan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph L Tansey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Tortorella (Trustee (Until 12/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
David Wolohojian (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.signature-healthcare.org

Where can I find the form 990 for Signature Healthcare Corporation?

Signature Healthcare Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.signature-healthcare.org

Learn more at the official website: www.signature-healthcare.org

Mission Statement of Signature Healthcare Corporation

Signature Healthcare Corporation, as a community-focused entity, strives to spearhead the delivery of comprehensive healthcare services in southeastern Massachusetts. This organization, which includes Brockton Hospital Inc. and its affiliates, offers a wide range of healthcare solutions including primary care, specialized treatments, hospital services, and ancillary support on a coordinated basis. Additionally, Signature Healthcare Corporation encourages charitable, educational, and scientific endeavors through its affiliated medical centers, health care centers, nursing homes, laboratories, clinics, and other medical facilities. These activities are all aimed at improving the overall health and well-being of the community.

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Impact




July, 2024

Signature Healthcare Corporation plays a crucial role in leading the community-based healthcare delivery system in southeastern Massachusetts. By providing primary care, specialty care, hospital care, and related ancillary services in a coordinated manner, the organization ensures that residents in the region have access to quality healthcare. Through its physicians and affiliated organizations like medical centers, health care centers, nursing centers, laboratories, and clinics, Signature Healthcare Corporation not only delivers essential healthcare services but also fulfills charitable, educational, and scientific functions for the benefit of the community. This comprehensive approach contributes significantly to the overall well-being and health outcomes of individuals in southeastern Massachusetts.




This information is meant to be a general summary of Signature Healthcare Corporation. 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.

Revenue
$2,454,583 (2022)
Expenses
$884,368 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $236,710
  • Program Service Revenue: $234,900
  • Gross Receipts: $13,535,656

Assets and Liabilities:

  • Total Assets: $10,059,917
  • Total Liabilities: $0
  • Net Assets: $10,059,917

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENT FROM AFFILIATES

Revenue

$234,900

Organization Details

Founding Year

1890

Principal Officer

Robert J Haffey

Main Address

680 Centre Street, Brockton, MA, 02302

NTEE Category

Code: E21 - Health

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