Overview
What is Care New England Health System?
Care New England Health System is a Providence, Rhode Island-based nonprofit organization serving as the holding company for an integrated healthcare delivery system. Their network consists of Butler Hospital, Kent County Memorial Hospital, Women and Infants Hospital of Rhode Island, Memorial Hospital, Women and Infants Corporation, VNA of Care New England, and their subsidiaries and affiliates. Care New England offers management services, including strategic planning, investment management, capital financing, legal, purchasing, information technology, revenue cycle, accounting, compliance/internal audit, contracting, risk management, marketing, wellness, printing, and credentialing, to enhance the healthcare services they provide. The organization is committed to the continuous improvement of the health and well-being of the communities they serve. (Word count: 112)
Official website here: www.carenewengland.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Care New England Health System has received an 81% rating from Charity Navigator, which reflects a strong emphasis on accountability and finance. The score indicates that the organization has a robust system in place for financial oversight, including an independent board and various policies that promote transparency and ethical conduct.
The organization demonstrates notable strengths, such as a fully independent board, which consists of 13 members, and an impressive program expense ratio of 90.02%. This ratio suggests that the majority of their expenditures are directed towards their programs rather than administrative costs, which is a positive indicator of their operational efficiency.
However, while the rating is commendable, it's based solely on accountability and finance, meaning there may be less information about other aspects of the organization's performance, such as program effectiveness. Overall, Care New England appears to maintain solid governance practices, which can instill confidence among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Care New England Health System legitimate?
Care New England Health System is a legitimate nonprofit organization registered as a 501(c)(3) entity. Care New England Health System 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: $6,003,956
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,826,527
For more financial information, click here
Official website here: www.carenewengland.org
What is the mission statement of Care New England Health System?
Care New England Health System is dedicated to enhancing the health and well-being of the communities they serve. They are committed to continuously improving the overall health and well-being of the population they cater to. The organization offers various management services, including strategic planning, investment management, and capital financing, to ensure efficient healthcare delivery. Their scope encompasses hospitals, corporations, visiting nurse associations, and their subsidiaries and affiliates. Care New England Health System's mission emphasizes their role in providing essential services and resources to maintain the health and wellness of the individuals and communities they serve.
Official website here: www.carenewengland.org
Who is the CEO of Care New England Health System?
Michael Wagner Md is the Principal Officer of Care New England Health System. The CEO's salary of Care New England Health System is $1,912,336 and their total compensation is $1,956,437.
Official website here: www.carenewengland.org
What is the revenue of Care New England Health System?
Care New England Health System's revenue in 2022 was $175,954,411.
Official website here: www.carenewengland.org
Who are the executives of Care New England Health System and what are their salaries?
The average compensation at Care New England Health System during 2022 was $80,132. There are 834 employees and 16 volunteers at Care New England Health System.
Here are 35 key members and their salaries (Care New England Health System's CEO's salary is $1,912,336 and their total compensation is $1,956,437):
- Compensation: $1,912,336
- Related: $0
- Other: $44,101
- Compensation: $867,229
- Related: $0
- Other: $52,759
- Compensation: $0
- Related: $539,743
- Other: $37,900
- Compensation: $0
- Related: $493,317
- Other: $38,488
- Compensation: $407,070
- Related: $0
- Other: $9,960
- Compensation: $362,467
- Related: $0
- Other: $38,553
- Compensation: $312,500
- Related: $0
- Other: $31,642
- Compensation: $339,116
- Related: $0
- Other: $392
- Compensation: $314,590
- Related: $0
- Other: $17,501
- Compensation: $284,648
- Related: $0
- Other: $44,093
- Compensation: $269,196
- Related: $0
- Other: $26,129
- Compensation: $256,535
- Related: $0
- Other: $36,686
- Compensation: $263,083
- Related: $0
- Other: $23,830
- Compensation: $248,822
- Related: $0
- Other: $29,491
- Compensation: $231,338
- Related: $0
- Other: $45,348
- Compensation: $252,816
- Related: $0
- Other: $23,183
- Compensation: $264,494
- Related: $0
- Other: $10,358
- Compensation: $254,764
- Related: $0
- Other: $9,449
- Compensation: $242,150
- Related: $0
- Other: $394
- Compensation: $0
- Related: $197,889
- Other: $43,361
- Compensation: $184,232
- Related: $0
- Other: $40,453
- Compensation: $0
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- Other: $0
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Official website here: www.carenewengland.org
Where can I find the form 990 for Care New England Health System?
Care New England Health System's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.carenewengland.org
Learn more at the official website: www.carenewengland.org
Mission Statement of Care New England Health System
Care New England Health System, a leading integrated healthcare delivery system, is dedicated to enhancing the health and well-being of the communities it serves. This mission-driven organization is committed to continually improving the health and well-being of the people it serves, going beyond the scope of traditional healthcare services. Care New England, comprised of Butler Hospital, Kent County Memorial Hospital, Women and Infants Hospital of Rhode Island, The Memorial Hospital, Women and Infants Corporation, Kent County Visiting Nurse Association, and their subsidiaries and affiliates, offers a broad range of services encompassing strategic planning, investment management, capital financing, legal, purchasing, information technology, revenue cycle, accounting, compliance/internal audit, contracting, risk management, marketing, wellness, printing, and credentialing. By providing essential management services, Care New England ensures the efficient and effective delivery of healthcare to those in need. While specific community benefit details can be found in the organization's Community Benefit Statement (Schedule O), Care New England's unwavering commitment to the health and well-being of its communities is at the heart of its operations.
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Impact
October, 2024
Care New England Health System significantly impacts the health and well-being of the communities it serves through an integrated healthcare delivery system. Comprising several key facilities, including Butler Hospital, Kent County Memorial Hospital, and Women and Infants Hospital of Rhode Island, it offers a comprehensive range of healthcare services aimed at improving patient outcomes and community health.
The organization is dedicated to continuous enhancement in healthcare quality and accessibility, emphasizing strategic planning, investment management, and health service innovation. Through its management services, Care New England ensures efficient operations in areas such as legal, accounting, compliance, and marketing, which support its mission.
In addition, Care New England contributes to local healthcare needs through community benefits and wellness programs, reflecting its commitment to the overall health of Rhode Island residents. The collaborative efforts of its hospitals and affiliated entities play a crucial role in addressing public health challenges and promoting healthier communities.
This information is meant to be a general summary of Care New England Health System. 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: $218,349
- Program Service Revenue: $175,192,414
- Gross Receipts: $177,410,378
Assets and Liabilities:
- Total Assets: $48,312,739
- Total Liabilities: $258,208,953
- Net Assets: -$209,896,214
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NPSR RELATED HC REVENUE
Revenue
$175,192,414
Organization Details
Founding Year
1996
Phone
(401) 921-7602Principal Officer
Michael Wagner Md
Main Address
4 RICHMOND SQUARE 4TH FLOOR, PROVIDENCE, RI, 02906
Website
www.carenewengland.orgNTEE Category
Code: E210 - Health
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