Overview
What is Trinity Health Of New England Corporation Inc?
Trinity Health Of New England Corporation Inc, established in 1997, is a Hartford, Connecticut-based nonprofit organization. It is the sole member of five nonprofit hospitals and oversees their administrative functions, including finance, marketing, business development, legal, compliance, and information systems. Trinity Health of New England is an integrated healthcare delivery system consisting of hospitals, walk-in clinics, medical offices, specialized facilities, affiliated institutions, and foundations, serving nearly 3 million people in New England. They collaborate with universities and their own research institutions to advance healthcare and provide primary care, new treatments for cancer and multiple sclerosis, and more. Their mission is to serve together in the spirit of the gospel as a compassionate and transforming healing presence within their communities, making Trinity Health of New England a member of Trinity Health.
Official website here: www.trinityhealthofne.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.
Trinity Health Of New England Corporation Inc has received a commendable Three-Star rating from Charity Navigator, reflecting a solid level of accountability and financial health. The organization scored highly in several key areas, including a fully independent board and a strong program expense ratio, indicating effective management and a commitment to its mission.
The charity boasts a high percentage of independent board members and performs well in maintaining transparency through comprehensive policies on conflict of interest and whistleblowing. Additionally, their financial statements are thoroughly audited, with no material diversion of assets reported, which underscores their integrity in financial practices.
However, while the organization shows strengths in governance and financial oversight, the overall rating suggests there may still be areas for improvement to achieve an even higher score. Continuous efforts in enhancing operational efficiencies and program effectiveness could further bolster their standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Trinity Health Of New England Corporation Inc legitimate?
Trinity Health Of New England Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trinity Health Of New England Corporation 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: $3,865,106
Professional Fundraising Fees: $0
Other Salaries and Wages: $64,373,388
For more financial information, click here
Official website here: www.trinityhealthofne.org
What is the mission statement of Trinity Health Of New England Corporation Inc?
Trinity Health Of New England Corporation Inc is committed to serving communities as a compassionate and transforming healing presence. In alignment with Trinity Health, they strive to provide integrated health care delivery systems with world-class providers and facilities. Their mission encompasses the full spectrum of preventative, acute, and post-acute care, focusing on better health, better care, and lower costs for their patient populations. Through collaborations with universities and research institutions, Trinity Health Of New England advances healthcare and develops new treatments for various conditions.
Official website here: www.trinityhealthofne.org
Who is the CEO of Trinity Health Of New England Corporation Inc?
Montez Carter is the Principal Officer of Trinity Health Of New England Corporation Inc. The CEO's salary of Trinity Health Of New England Corporation Inc is $119,137 and their total compensation is $134,970.
Official website here: www.trinityhealthofne.org
What is the revenue of Trinity Health Of New England Corporation Inc?
Trinity Health Of New England Corporation Inc's revenue in 2022 was $245,426,062.
Official website here: www.trinityhealthofne.org
Who are the executives of Trinity Health Of New England Corporation Inc and what are their salaries?
The average compensation at Trinity Health Of New England Corporation Inc during 2022 was $7,468. There are 9137 employees and 15 volunteers at Trinity Health Of New England Corporation Inc.
Here are 29 key members and their salaries (Trinity Health Of New England Corporation Inc's CEO's salary is $119,137 and their total compensation is $134,970):
- Compensation: $0
- Related: $1,646,705
- Other: $318,127
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- Related: $533,139
- Other: $493,128
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- Related: $788,028
- Other: $168,742
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- Related: $888,929
- Other: $49,847
- Compensation: $0
- Related: $786,427
- Other: $122,538
- Compensation: $0
- Related: $607,055
- Other: $118,903
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- Related: $499,745
- Other: $122,264
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- Related: $449,506
- Other: $99,948
- Compensation: $0
- Related: $524,986
- Other: $15,144
- Compensation: $471,544
- Related: $0
- Other: $55,664
- Compensation: $0
- Related: $428,157
- Other: $23,281
- Compensation: $0
- Related: $372,211
- Other: $37,727
- Compensation: $119,137
- Related: $0
- Other: $15,833
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- Related: $68,750
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Official website here: www.trinityhealthofne.org
Where can I find the form 990 for Trinity Health Of New England Corporation Inc?
Trinity Health Of New England Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.trinityhealthofne.org
Learn more at the official website: www.trinityhealthofne.org
Mission Statement of Trinity Health Of New England Corporation Inc
Trinity Health Of New England Corporation Inc, a member of Trinity Health, is a compassionate and transforming healing presence within its communities. With a mission deeply rooted in the spirit of the gospel, this health care organization serves to improve lives by delivering better health, better care, and lower costs for its patient populations.
Established in 1997, Trinity Health Of New England has integrated five nonprofit hospital organizations under its administrative umbrella. This integration encompasses functions such as finance, marketing, business development, legal, compliance, and information systems, with the goal of reducing overall costs for the member organizations. Trinity Health Of New England forms part of an extensive health care delivery system, comprising world-class providers and facilities dedicated to preventative, acute, and post-acute care.
In New England, Trinity Health Of New England operates a network of hospitals, walk-in clinics, medical offices, specialized facilities, affiliated institutions, and foundations, collectively serving a population of nearly three million people. As part of Trinity Health, one of the nation's largest multi-institutional Catholic health care delivery systems, Trinity Health Of New England collaborates with esteemed academic institutions like the University of Connecticut School of Medicine and the Frank H. Netter MD School of Medicine at Quinnipiac University. Additionally, Trinity Health Of New England boasts its own research institutions committed to pioneering advancements in primary care, new cancer treatments, and multiple sclerosis therapies, among other initiatives.
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Impact
August, 2024
Trinity Health of New England Corporation Inc plays a crucial role in the healthcare system by providing management and support to a network of hospitals and healthcare facilities across New England. By integrating information systems, finance, marketing, and various administrative functions, Trinity Health of New England aims to reduce overall costs for its member organizations while delivering high-quality care to its patient population of nearly 3 million people. As part of Trinity Health, a significant Catholic healthcare delivery system, Trinity Health of New England is uniquely positioned to advance healthcare through collaborations with medical schools, research institutions, and other healthcare entities. The organization's mission of better health, better care, and lower costs underscores its commitment to serving communities with a compassionate and transforming healing presence.
This information is meant to be a general summary of Trinity Health Of New England Corporation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $13,586,556
- Program Service Revenue: $232,010,222
- Gross Receipts: $246,039,405
Assets and Liabilities:
- Total Assets: $555,288,962
- Total Liabilities: $892,739,108
- Net Assets: -$337,450,146
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUBSIDIARY FEES
Revenue
$232,010,222
Organization Details
Founding Year
1997
Phone
(860) 714-1900Principal Officer
Montez Carter
Main Address
114 WOODLAND STREET MS-510358, HARTFORD, CT, 06105
Website
www.trinityhealthofne.orgNTEE Category
Code: E21Z - Health
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