Overview
What is Northeast Hospital Corporation?
Northeast Hospital Corporation, based in Massachusetts, is a nonprofit organization renowned for its dedication to delivering top-tier medical care to individuals, irrespective of their ability to pay. With a focus on health, well-being, and dignity, this corporation comprises four facilities: Beverly Hospital, Addison Gilbert Hospital, Lahey Outpatient Center Danvers, and Bayridge Hospital. Their mission extends beyond mere healthcare, as they are founded on the principles of quality, caring, and community. By offering patient-centered care, these institutions prioritize the wellness and respect of each individual they serve.
Official website here: www.beverlyhospital.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star Rating
Northeast Hospital Corporation has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. This score is entirely derived from a strong performance in the Accountability & Finance beacon, where the organization scored a perfect 100%. Such a rating reflects the nonprofit's commitment to transparency and effective governance.
The organization demonstrates significant strengths in its board composition, with 81% of members being independent. Additionally, its financial oversight is robust, shown by the presence of an active Audit and Oversight Committee. With high scores in areas such as conflict of interest policies and the retention of board meeting minutes, Northeast Hospital Corporation exemplifies best practices in nonprofit management.
No notable limitations were identified within the data, as the organization maintains a solid financial position, supported by a low liabilities-to-assets ratio of 38.97% and a program expense ratio of 87.50%. This indicates that a substantial portion of its budget is dedicated to programs rather than administrative costs, enhancing its reputation as a responsible steward of donor funds.
This AI summary has been generated from information found on Charity Navigator.
Is Northeast Hospital Corporation legitimate?
Northeast Hospital Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northeast Hospital 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: $964,569
Professional Fundraising Fees: $62,200
Other Salaries and Wages: $188,982,238
For more financial information, click here
Official website here: www.beverlyhospital.org
What is the mission statement of Northeast Hospital Corporation?
The Northeast Hospital Corporation is dedicated to delivering the highest quality medical care to individuals, irrespective of their ability to pay. Guided by the principles of quality, caring, and community, this organization operates four facilities, providing patient-centered care that prioritizes the health, well-being, and dignity of each patient. With a broad concept of care, the corporation aims to make a positive impact on the lives of those it serves.
Official website here: www.beverlyhospital.org
Who is the CEO of Northeast Hospital Corporation?
Cindy Rios is the Trustee of Northeast Hospital Corporation. The CEO's salary of Northeast Hospital Corporation is $0 and their total compensation is $1,391,877.
Official website here: www.beverlyhospital.org
What is the revenue of Northeast Hospital Corporation?
Northeast Hospital Corporation's revenue in 2022 was $460,104,090.
Official website here: www.beverlyhospital.org
Who are the executives of Northeast Hospital Corporation and what are their salaries?
The average compensation at Northeast Hospital Corporation during 2022 was $60,978. There are 3115 employees and 79 volunteers at Northeast Hospital Corporation.
Here are 43 key members and their salaries (Northeast Hospital Corporation's CEO's salary is $0 and their total compensation is $1,391,877):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $57,900
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $19,702
- Related: $102,150
- Other: $27,958
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $2,019,307
- Other: $36,905
- Compensation: $0
- Related: $515,454
- Other: $16,801
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $203,719
- Other: $25,926
- Compensation: $0
- Related: $1,255,848
- Other: $22,043
- Compensation: $0
- Related: $1,365,000
- Other: $26,877
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $5,034,628
- Other: $296,171
- Compensation: $0
- Related: $396,753
- Other: $67,148
- Compensation: $172,324
- Related: $0
- Other: $32,994
- Compensation: $0
- Related: $535,376
- Other: $66,648
- Compensation: $0
- Related: $416,644
- Other: $42,688
- Compensation: $0
- Related: $431,132
- Other: $66,820
- Compensation: $191,476
- Related: $0
- Other: $37,343
- Compensation: $450,895
- Related: $0
- Other: $1,935
- Compensation: $406,735
- Related: $0
- Other: $37,029
- Compensation: $242,490
- Related: $0
- Other: $34,456
- Compensation: $266,884
- Related: $0
- Other: $795
- Compensation: $342,726
- Related: $0
- Other: $13,707
- Compensation: $259,649
- Related: $0
- Other: $23,132
- Compensation: $0
- Related: $974,820
- Other: $47,235
- Compensation: $209,439
- Related: $0
- Other: $6,014
- Compensation: $305,421
- Related: $0
- Other: $1,492
Official website here: www.beverlyhospital.org
Where can I find the form 990 for Northeast Hospital Corporation?
Northeast Hospital Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.beverlyhospital.org
Learn more at the official website: www.beverlyhospital.org
Mission Statement of Northeast Hospital Corporation
Northeast Hospital Corporation (NHC), a mission-driven organization, is dedicated to delivering the highest standard of medical care to all individuals, irrespective of their ability to pay. This commitment extends beyond mere healthcare, encompassing the overall health, well-being, and dignity of each patient.
NHC prides itself on a continuum of care that prioritizes the unique needs of its patients. With a broad-ranging approach, the organization ensures that every individual who can benefit from its services is extended the opportunity to improve their health and wellbeing. Regardless of financial circumstances, NHC's comprehensive care model asserts the inherent worth and respect for every person it serves.
The Northeast Hospital Corporation's facilities, including Beverly Hospital, Addison Gilbert Hospital, Lahey Outpatient Center, Danvers, and Bayridge Hospital, are united in their pursuit of quality care. These institutions embody the core values of quality, caring, and community, continually striving to make a positive difference in the lives of Massachusetts' North Shore and Cape Ann residents.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Northeast Hospital Corporation significantly impacts the communities it serves by delivering high-quality, patient-centered medical care through its four facilities: Beverly Hospital, Addison Gilbert Hospital, Lahey Outpatient Center in Danvers, and Bayridge Hospital. By prioritizing health, well-being, and dignity, the organization ensures that every patient receives compassionate care without regard to their ability to pay.
The commitment to quality and community establishes NHC as a vital resource for the residents of Massachusetts' North Shore and Cape Ann. By embracing a holistic approach to healthcare, NHC supports not just the physical needs of patients but also fosters emotional and social well-being, thus enhancing overall community health outcomes. This continuum of care enables individuals to access necessary medical services and promotes inclusivity, thereby strengthening the community's health framework.
This information is meant to be a general summary of Northeast Hospital 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $47,554,565
- Program Service Revenue: $396,105,302
- Gross Receipts: $460,104,090
Assets and Liabilities:
- Total Assets: $449,917,098
- Total Liabilities: $175,386,952
- Net Assets: $274,530,146
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE RE
Revenue
$287,040,188
LABORATORY REVENUE
Revenue
$107,919,620
SERVICE AFFILIATES
Revenue
$124,466
Organization Details
Founding Year
1893
Phone
(978) 922-3000Principal Officer
Cindy Rios
Main Address
85 HERRICK STREET, BEVERLY, MA, 01915
Website
www.beverlyhospital.orgNTEE Category
Code: E220 - Health
If you are a representative of Northeast Hospital Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.