Overview
What is Bridgeport Hospital?
Bridgeport Hospital, an acute care hospital based in Bridgeport, Connecticut, has been integral to the community since its inception in 1878. Dedicated to delivering world-class healthcare and information based on facts and science, the hospital has played a crucial role during the Coronavirus pandemic, providing comfort and care to patients, employees, and the community. In response to the shortage of healthcare providers, Bridgeport Hospital partnered with Echo Hose Ambulance and Yale Center of Emergency Medical Services to establish a paramedic training program. The hospital also launched the Home Hospital Program, offering high-acuity, hospital-level care to patients in their homes, and a Home Infusion Program, providing safe, high-quality care for eligible patients with various conditions. In addition, Bridgeport Hospital performed innovative medical procedures such as Transcatheter Aortic Valve Replacement and Laparoscopic Radiofrequency Ablation. The hospital received accreditations for its specialized geriatric emergency care and has donated diapers, food, and resources to those in need. Bridgeport Hospital's mission is to operate an acute care hospital, providing care and treatment to individuals regardless of race, color, creed, sex, age, or ability to pay.
Official website here: www.bridgeporthospital.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 95% (Four-Star out of Four Star rating)
Bridgeport Hospital has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a perfect score in several areas, including independent board membership and financial oversight, the organization demonstrates a commitment to transparency and effective governance. The overall accountability score of 95% indicates that Bridgeport Hospital is well-managed, making it a trustworthy choice for donors.
The hospital's financial health is further underscored by a high program expense ratio of nearly 90%, which suggests that a significant portion of its resources is directed toward its mission-related programs rather than administrative costs. Additionally, the absence of material diversion of assets and the presence of robust policies, such as conflict of interest and whistleblower protections, enhance the organization’s credibility.
While the organization excels in many areas, the focus on accountability and finance means that potential donors may want to consider other performance metrics, such as impact and program effectiveness. However, the high ratings overall suggest that Bridgeport Hospital is a responsible and reliable nonprofit committed to serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Bridgeport Hospital legitimate?
Bridgeport Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridgeport Hospital 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: $3,979,699
Professional Fundraising Fees: $0
Other Salaries and Wages: $282,416,183
For more financial information, click here
Official website here: www.bridgeporthospital.org
What is the mission statement of Bridgeport Hospital?
Bridgeport Hospital operates an acute care facility dedicated to providing world-class medical care and treatment for individuals suffering from various physical or mental conditions, regardless of race, color, creed, sex, age, or ability to pay. During the coronavirus pandemic, the hospital became a reliable source of factual information and care for patients, employees, and the community. In response to the shortage of healthcare providers, Bridgeport Hospital partnered with local organizations to establish new paramedic training programs and launched home hospital and infusion programs to bring hospital-level care to patients' homes. The hospital also implemented minimally invasive treatments for conditions such as aortic stenosis and uterine fibroids, offering faster recovery times for patients. Bridgeport Hospital's commitment to community service extended to donating diapers and food to families in need through various organizations.
Official website here: www.bridgeporthospital.org
What is the revenue of Bridgeport Hospital?
Bridgeport Hospital's revenue in 2023 was $838,048,221.
Official website here: www.bridgeporthospital.org
Who are the executives of Bridgeport Hospital and what are their salaries?
The average compensation at Bridgeport Hospital during 2023 was $68,336. There are 4191 employees and 258 volunteers at Bridgeport Hospital.
Here are 27 key members and their salaries:
- Compensation: $128,871
- Related: $730,263
- Other: $141,611
- Compensation: $517,836
- Related: $2,934,402
- Other: $0
- Compensation: $0
- Related: $1,575,875
- Other: $522,756
- Compensation: $0
- Related: $989,744
- Other: $381,269
- Compensation: $1,069,502
- Related: $92,350
- Other: $45,347
- Compensation: $783,918
- Related: $0
- Other: $296,872
- Compensation: $827,549
- Related: $0
- Other: $114,505
- Compensation: $765,707
- Related: $0
- Other: $16,508
- Compensation: $0
- Related: $550,394
- Other: $222,212
- Compensation: $739,605
- Related: $0
- Other: $32,773
- Compensation: $380,217
- Related: $311,086
- Other: $49,709
- Compensation: $551,529
- Related: $0
- Other: $84,890
- Compensation: $576,978
- Related: $0
- Other: $51,954
- Compensation: $0
- Related: $573,395
- Other: $42,952
- Compensation: $455,314
- Related: $0
- Other: $52,484
- Compensation: $0
- Related: $202,589
- Other: $29,855
- Compensation: $0
- Related: $140,171
- Other: $11,136
- 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: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bridgeporthospital.org
Where can I find the form 990 for Bridgeport Hospital?
Bridgeport Hospital's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bridgeporthospital.org
Learn more at the official website: www.bridgeporthospital.org
Mission Statement of Bridgeport Hospital
Bridgeport Hospital, a leading acute care institution, is dedicated to providing top-notch medical care and treatment for individuals suffering from various physical or mental conditions, regardless of race, color, creed, sex, age, or ability to pay. Amidst the uncertainty and unease brought about by the coronavirus pandemic, Bridgeport Hospital remained a constant source of reliable care and accurate information for patients, employees, and the community.
In response to the shortage of healthcare providers and emergency medical personnel amplified by the pandemic, Bridgeport Hospital joined forces with Echo Hose Ambulance and Yale Center of Emergency Medical Services to launch a new paramedic training program. The program aims to address the ongoing paramedic shortage by equipping local EMS partners with newly trained paramedics.
Additionally, Bridgeport Hospital initiated the Home Hospital Program, which brings high-acuity, hospital-level care to patients' homes, serving Medicaid patients meeting certain clinical and social stability criteria. Through in-person visits and telehealth technology, the program offers a range of hospital services for patients with conditions like heart failure, pneumonia, chronic obstructive pulmonary disease, and cellulitis. Bridgeport Hospital also established a Home Infusion Program, continuing to provide safe, high-quality care to patients in their homes.
Bridgeport Hospital is committed to providing innovative medical solutions. It was the first facility in Connecticut to use Laparoscopic Radiofrequency Ablation, a minimally invasive treatment, for symptomatic non-cancerous uterine fibroids. This FDA-approved treatment reduces the size of fibroids by about 40-70 percent.
Bridgeport Hospital's focus on community involvement is evident in its employees' charitable efforts. They donated over 3,600 diapers to families in need through community-based organizations, and, in collaboration with the Health System, contributed approximately 34,000 additional diapers. Bridgeport Hospital also addressed food insecurity by donating 19,156 pounds of food to hunger-relief organizations during the #GiveHealthy Online Food Drive, providing nearly 16,000 meals for people in need. The hospital's free monthly community food distribution benefits over 6,000 local families, with 400 hospital staff volunteers donating their time. Bridgeport Hospital also sponsored a farm stand and food voucher program to further combat food insecurity in the communities it serves.
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Impact
October, 2024
Bridgeport Hospital significantly impacts the community by providing world-class healthcare and addressing vital local needs. Throughout the coronavirus pandemic, it served as a reliable source of care and accurate information, helping patients and the community navigate unprecedented challenges.
The hospital has enhanced healthcare accessibility by launching innovative programs, such as the Home Hospital Program, which delivers hospital-level care directly to patients’ homes, and a Home Infusion Program for safe, high-quality treatment at home. These initiatives are particularly beneficial for patients with chronic conditions like heart failure and COPD, resulting in improved recovery outcomes.
Bridgeport Hospital has also made strides in advanced clinical care, exemplified by its Heart and Vascular Center reaching a remarkable milestone in Minimally Invasive Transcatheter Aortic Valve Replacement (TAVR) procedures. Additionally, it pioneered laparoscopic radiofrequency ablation for treating symptomatic uterine fibroids, reflecting its commitment to cutting-edge, minimally invasive treatments.
Community engagement is a cornerstone of Bridgeport Hospital's mission. Employees contributed over 3,600 diapers to support families in need and participated in a food drive that yielded over 19,000 pounds of food, equating to nearly 16,000 meals. Furthermore, the hospital’s ongoing monthly food distribution program has assisted more than 6,000 local families, demonstrating a deep commitment to addressing food insecurity.
Accredited as a Geriatric Emergency Department, Bridgeport Hospital emphasizes specialized care for seniors, ensuring that vulnerable populations receive the dedicated attention they deserve.
Overall, Bridgeport Hospital plays a crucial role in enhancing the health and wellbeing of the Bridgeport community, addressing both medical needs and social challenges, thereby strengthening the fabric of the community it serves.
This information is meant to be a general summary of Bridgeport Hospital. 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: $691,305
- Program Service Revenue: $770,861,994
- Gross Receipts: $860,480,965
Assets and Liabilities:
- Total Assets: $758,228,857
- Total Liabilities: $374,648,887
- Net Assets: $383,579,970
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OUTPATIENT REVENUE
Revenue
$391,649,996
INPATIENT REVENUE
Revenue
$378,191,238
LABORATORY SERVICES
Revenue
$522,124
SESSION LEASE
Revenue
$498,636
Organization Details
Founding Year
1878
Phone
(203) 688-2603Principal Officer
Eugene Colucci
Main Address
267 GRANT ST, BRIDGEPORT, CT, 06610
Website
www.bridgeporthospital.orgNTEE Category
Code: E220 - Health
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