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Southcoast Health System Inc

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

EIN: 042794625 ✦ New bedford, MA ✦ Designated as a 501(c)(3)

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Overview

What is Southcoast Health System Inc?

Southcoast Health System Inc, based in New Bedford, Massachusetts, operates under the mission to enhance the health and wellness of individuals in their communities. Through their involvement in Southcoast Health Network, they provide network management and support services to affiliated physicians and medical professionals. Southcoast Health System's primary focus is on caring for and improving the overall health and wellbeing of individuals residing in their communities. (Paraphrased from the provided description.)


Official website here: www.southcoast.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 96% (Four-Star out of Four Star rating)

Southcoast Health System Inc has achieved an impressive Four-Star rating from Charity Navigator, with a score of 96%, indicating strong performance in Accountability and Finance. This high score reflects the organization's commitment to transparency, governance, and responsible financial management. The entirety of the rating is derived from its accountability practices, showcasing a robust financial structure and effective oversight mechanisms.

The organization demonstrates notable strengths, including a board with 82% independent members and a comprehensive set of policies to address conflicts of interest and whistleblower protections. Additionally, the financial management practices are commendable, with a low liabilities-to-assets ratio of 6.82% and an impressive program expense ratio of 95.39%, indicating that a significant portion of its resources is directed towards its mission-driven programs.

While Southcoast Health System Inc has a strong financial standing and governance practices, continuous monitoring of its accountability measures and program effectiveness will be essential to maintain its high standards. Overall, the data points to a well-managed organization that prioritizes transparency and effective use of resources.


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

Is Southcoast Health System Inc legitimate?

Southcoast Health System Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southcoast Health System Inc 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.southcoast.org

What is the mission statement of Southcoast Health System Inc?

Southcoast Health System Inc is dedicated to enhancing the health and wellbeing of individuals within the communities it serves. Its mission encompasses delivering quality care and fostering improvement in health, going beyond just treating illnesses. The organization aims to provide network management and support services to medical professionals associated with the system, reinforcing its commitment to the wellbeing of its community members.


Official website here: www.southcoast.org

Who is the CEO of Southcoast Health System Inc?

Rayford Kruger is the Principal Officer of Southcoast Health System Inc. The CEO's salary of Southcoast Health System Inc is $0 and their total compensation is $1,292,916.


Official website here: www.southcoast.org

What is the revenue of Southcoast Health System Inc?

Southcoast Health System Inc's revenue in 2022 was $46,115,025.


Official website here: www.southcoast.org

Who are the executives of Southcoast Health System Inc and what are their salaries?

There 12 volunteers at Southcoast Health System Inc.


Here are 28 key members and their salaries (Southcoast Health System Inc's CEO's salary is $0 and their total compensation is $1,292,916):


Keith Hovan (President & Ceo (Until 1/22))
  • Compensation: $0
  • Related: $2,073,393
  • Other: $344,963
Rayford S Kruger Md (President & Ceo (As Of 3/2022))
  • Compensation: $0
  • Related: $1,247,543
  • Other: $45,373
Renee Clark (Assistant Clerk/ Evp/ Coo)
  • Compensation: $0
  • Related: $1,054,119
  • Other: $181,423
Wade Broughman (Treasurer/ Evp Fin/ Cfo)
  • Compensation: $0
  • Related: $1,093,794
  • Other: $34,680
Jeffrey Lawrence Md (Svp, Ctio, Phys In Chief Pc)
  • Compensation: $0
  • Related: $606,972
  • Other: $88,643
Ilana Feinerman Md (Trustee)
  • Compensation: $0
  • Related: $591,757
  • Other: $25,541
Ana Laus (Trustee (As Of 1/2022))
  • Compensation: $0
  • Related: $408,612
  • Other: $15,780
James Witkowski Md (Ex-Officio (Until 12/2021))
  • Compensation: $0
  • Related: $363,990
  • Other: $46,863
Kenneth Eugenio (Manager Of Operations Shn)
  • Compensation: $0
  • Related: $162,675
  • Other: $35,663
Pamela Rafferty (Rn Med Care Mgt Shn)
  • Compensation: $0
  • Related: $128,169
  • Other: $43,297
Dawn Davidian (Rn Medical Care Mgt Shn)
  • Compensation: $0
  • Related: $137,375
  • Other: $33,934
Lauren Melby (Ed Operations)
  • Compensation: $0
  • Related: $152,410
  • Other: $16,954
Dorothy Holmes (Rn-Care Manager)
  • Compensation: $0
  • Related: $132,663
  • Other: $15,390
Lisa Alves (M-Shn-Aco Care Management)
  • Compensation: $0
  • Related: $118,482
  • Other: $7,504
Jay S Schachne Md (Trustee)
  • Compensation: $0
  • Related: $6,802
  • Other: $408
Salman Bashir Md (Trustee)
  • Compensation: $0
  • Related: $1,100
  • Other: $0
Jason Rua (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Cabral (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Jerome Coogan (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Hugh M Morton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis J Fusco (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald G Giumetti (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Huidekoper (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Hodgson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helena Dasilva Hughes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan L Rounds (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heidi A Kostin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmen F Sylvester (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.southcoast.org

Where can I find the form 990 for Southcoast Health System Inc?

Southcoast Health System Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.southcoast.org

Learn more at the official website: www.southcoast.org

Mission Statement of Southcoast Health System Inc

Southcoast Health System Inc, a prominent nonprofit organization, is dedicated to enhancing the health and overall well-being of individuals within its communities. Through its involvement with Southcoast Health Network, the system provides essential management and support services to affiliated healthcare professionals.

The primary goal of Southcoast Health System is to care for and enhance the health of people in the communities it serves. By focusing on the improvement and promotion of wellness, Southcoast Health System aims to make a significant impact on the lives of those it reaches. The organization's commitment to this mission is unwavering, as evidenced by its relentless pursuit to make a difference in the lives of those it serves.

Southcoast Health System's network, Southcoast Health Network, plays a crucial role in supporting physicians and other medical professionals associated with the system. By providing network management services, Southcoast Health System fosters a collaborative and effective healthcare environment, ultimately benefiting the individuals it aims to help.

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Impact




October, 2024

Southcoast Health System Inc plays a vital role in enhancing the health and well-being of individuals in its communities. By focusing on comprehensive care and wellness promotion, it directly addresses the healthcare needs of the populations it serves. The system actively engages in network management and support services, facilitating collaboration among physicians and other medical professionals to deliver high-quality healthcare.

Located in New Bedford, MA, Southcoast Health System fosters a strong community-oriented approach. Its commitment is evident in efforts to improve access to medical services, implement wellness programs, and promote preventive care, significantly impacting the overall health landscape in the region. Through these initiatives, Southcoast Health System not only treats illness but also empowers individuals to lead healthier lives, thereby contributing to the community's long-term health outcomes.




This information is meant to be a general summary of Southcoast Health System Inc. 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
$46,115,025 (2022)
Expenses
$18,361,244 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13,867,403
  • Program Service Revenue: $32,151,672
  • Gross Receipts: $116,273,670

Assets and Liabilities:

  • Total Assets: $221,044,071
  • Total Liabilities: $15,086,369
  • Net Assets: $205,957,702

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Programs

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

INTEREST IN SOUTHCOAST HEALTH NETWORK

Revenue

$23,464,094

INTEREST IN SOUTHCOAST BEHAVIORAL HEALTH

Revenue

$4,639,679

INTEREST IN SOUTHCOAST ACCOUNTABLE CARE ORGANIZATI

Revenue

$4,047,899

Organization Details

Founding Year

1986

Principal Officer

Rayford Kruger

Main Address

C/O ACCOUNTING DEPT 101 PAGE ST, NEW BEDFORD, MA, 02740

NTEE Category

Code: E210 - Health

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