Overview
What is Mass General Brigham Incorporated?
Mass General Brigham Incorporated is a nonprofit organization headquartered with the affiliation of Brigham, Inc., The Massachusetts General Hospital, NSMC Healthcare, Inc., Newton-Wellesley Health Care System, Inc., and Spaulding Rehabilitation, Inc. The mission of this consortium encompasses patient care, educating future healthcare professionals, conducting groundbreaking research, and giving back to the community. These organizations collaborate to deliver top-notch medical services while fostering innovation and progress in the healthcare industry.
Official website here: www.massgeneralbrigham.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 56% (One-Star out of Four Stars)
Mass General Brigham Incorporated has received a low rating of 56%, reflecting significant concerns regarding its financial practices. While the organization scores well in governance areas such as having a majority of independent board members and strong policies in place for conflict of interest, whistleblowing, and document retention, its financial health raises red flags. The liabilities to assets ratio is particularly troubling at 89.85%, indicating a heavy burden of debt relative to its assets.
Additionally, the organization has a program expense ratio of only 23.65%, suggesting that a small portion of its budget is allocated to its programs. This could imply limited direct impact on its mission, which is a critical aspect for potential donors and stakeholders to consider. The failure to post its tax form on its website also detracts from its transparency efforts.
In summary, while Mass General Brigham demonstrates good governance practices, its financial metrics indicate challenges that might concern current and prospective supporters. Potential donors should carefully weigh these factors when considering their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Mass General Brigham Incorporated legitimate?
Mass General Brigham Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mass General Brigham Incorporated 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: $34,418,809
Professional Fundraising Fees: $0
Other Salaries and Wages: $604,941,694
For more financial information, click here
Official website here: www.massgeneralbrigham.org
What is the mission statement of Mass General Brigham Incorporated?
Mass General Brigham Incorporated is dedicated to overseeing the affiliation of various healthcare organizations, including Brigham, Inc., The Massachusetts General Hospital, NSMC Healthcare, Inc., Newton-Wellesley Health Care System, Inc., and Spaulding Rehabilitation, Inc. The mission of this organization encompasses patient care, teaching, research, and serving the community. Through their work, Mass General Brigham Incorporated strives to provide quality healthcare services, educate future healthcare professionals, advance medical knowledge, and contribute to the well-being of the community. By focusing on these key areas, Mass General Brigham Incorporated aims to make a positive impact on the lives of many. Additionally, the organization collaborates with various partners and initiatives to address the broader healthcare needs of the population.
Official website here: www.massgeneralbrigham.org
Who is the CEO of Mass General Brigham Incorporated?
Anne Klibanski Md is the CEO of Mass General Brigham Incorporated The CEO's salary of Mass General Brigham Incorporated is $5,942,832 and their total compensation is $6,002,742.
Official website here: www.massgeneralbrigham.org
What is the revenue of Mass General Brigham Incorporated?
Mass General Brigham Incorporated's revenue in 2023 was $2,053,039,249.
Official website here: www.massgeneralbrigham.org
Who are the executives of Mass General Brigham Incorporated and what are their salaries?
The average compensation at Mass General Brigham Incorporated during 2023 was $71,294. There are 8968 employees and 21 volunteers at Mass General Brigham Incorporated.
Here are 42 key members and their salaries (Mass General Brigham Incorporated's CEO's salary is $5,942,832 and their total compensation is $6,002,742):
- Compensation: $5,942,832
- Related: $0
- Other: $59,910
- Compensation: $0
- Related: $935,434
- Other: $62,524
- Compensation: $0
- Related: $723,035
- Other: $62,724
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $1,746,250
- Related: $0
- Other: $40,991
- Compensation: $1,740,552
- Related: $0
- Other: $60,819
- Compensation: $204,547
- Related: $0
- Other: $19,632
- Compensation: $3,317,055
- Related: $0
- Other: $62,951
- Compensation: $2,831,669
- Related: $0
- Other: $60,668
- Compensation: $2,590,238
- Related: $0
- Other: $62,939
- Compensation: $1,594,233
- Related: $0
- Other: $62,541
- Compensation: $1,312,935
- Related: $0
- Other: $68,971
- Compensation: $1,214,982
- Related: $0
- Other: $68,905
- Compensation: $1,773,719
- Related: $0
- Other: $58,761
- Compensation: $1,749,472
- Related: $0
- Other: $59,705
- Compensation: $1,320,844
- Related: $0
- Other: $70,991
- Compensation: $1,313,218
- Related: $0
- Other: $68,490
- Compensation: $1,264,353
- Related: $0
- Other: $54,628
- Compensation: $1,950,362
- Related: $0
- Other: $329
- Compensation: $765,169
- Related: $0
- Other: $67,791
- Compensation: $954,467
- Related: $0
- Other: $62,564
- Compensation: $831,912
- Related: $0
- Other: $45,265
Official website here: www.massgeneralbrigham.org
Where can I find the form 990 for Mass General Brigham Incorporated?
Mass General Brigham Incorporated's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.massgeneralbrigham.org
Learn more at the official website: www.massgeneralbrigham.org
Mission Statement of Mass General Brigham Incorporated
Mass General Brigham Incorporated, a leading organization, is dedicated to the mission of patient care, teaching, research, and community service. This nonprofit entity, which oversees the affiliation of Brigham, Inc., The Massachusetts General Hospital, NSMC Healthcare, Inc., Newton-Wellesley Health Care System, Inc., and Spaulding Rehabilitation, Inc., is committed to delivering top-notch healthcare services and fostering academic growth.
With a focus on patient care, Mass General Brigham Incorporated strives to provide compassionate and exceptional care to every individual who seeks its services. By combining the expertise of its various entities, it ensures that patients receive comprehensive, coordinated care. In addition, the organization places a strong emphasis on teaching, helping to cultivate the next generation of healthcare professionals. By fostering a learning environment, Mass General Brigham Incorporated contributes to the advancement of medical knowledge and the development of innovative treatments.
Furthermore, research is a crucial component of Mass General Brigham Incorporated's mission. The organization's commitment to scientific discovery is instrumental in improving patient care and ultimately, leading to better health outcomes. Through groundbreaking research and collaborative efforts, Mass General Brigham Incorporated plays a vital role in expanding the horizons of medical knowledge and pushing the boundaries of scientific exploration.
In serving the community, Mass General Brigham Incorporated goes beyond the walls of its healthcare institutions. By integrating community engagement into its mission, it fosters partnerships and collaborations that help address the unique needs of various populations. Whether it's through educational programs, outreach initiatives, or the provision of essential services, the organization remains dedicated to improving the overall health and wellbeing of the communities it serves.
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Impact
October, 2024
Mass General Brigham Incorporated plays a pivotal role in the healthcare landscape, significantly impacting patient care, education, research, and community service. By overseeing a network that includes well-respected institutions like Brigham and Women's Hospital, Massachusetts General Hospital, NSMC Healthcare, Newton-Wellesley Hospital, and Spaulding Rehabilitation Hospital, it enhances the quality and accessibility of healthcare in the region.
The organization focuses on delivering comprehensive patient care, ensuring that individuals receive high-quality medical attention tailored to their needs. In addition to direct patient services, Mass General Brigham emphasizes teaching and training the next generation of healthcare professionals, fostering a skilled workforce equipped to address evolving health challenges.
Through its robust research initiatives, it contributes to advancements in medical science and public health, driving innovations that can lead to better treatment options and health outcomes. Moreover, Mass General Brigham is committed to serving the community, addressing health disparities, and ensuring that underserved populations have access to essential healthcare resources.
Overall, Mass General Brigham Incorporated's multifaceted approach not only enhances healthcare delivery but also promotes a culture of education, innovation, and community engagement, solidifying its role as a leader in the healthcare sector.
This information is meant to be a general summary of Mass General Brigham Incorporated. 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 2023.
- Investment Income: $7,463,524
- Program Service Revenue: $1,302,825,972
- Gross Receipts: $2,053,039,249
Assets and Liabilities:
- Total Assets: $8,691,364,928
- Total Liabilities: $7,809,927,895
- Net Assets: $881,437,033
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEE
Revenue
$1,302,825,972
Organization Details
Founding Year
1993
Principal Officer
Anne Klibanski Md
Website
www.massgeneralbrigham.orgNTEE Category
Code: E21 - Health
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