Overview
What is Bronxcare Health System?
Bronxcare Health System is a prominent nonprofit healthcare organization based in the Bronx, New York. It operates the largest voluntary, not-for-profit hospital system in the South and Central Bronx area, with 859 beds and over 4,500 employees. The organization is composed of two major hospital divisions, a psychiatric and chemical dependency program, comprehensive outpatient network, and a 240-bed skilled nursing home facility. Bronxcare is dedicated to delivering top-notch, accessible healthcare services to the community, ensuring patient safety and satisfaction remain a priority. Their mission encompasses a safety culture that emphasizes reporting, learning, fairness, and continuous improvement in healthcare equity and excellence. With nearly one million visits annually and a bustling emergency room, Bronxcare Health System is a significant provider of healthcare services in New York City.
Official website here: www.bronxcare.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 87%, Three-Star out of Four Star rating.
Bronxcare Health System holds a solid Three-Star rating due to its strong performance in Accountability & Finance, which accounts for the entirety of its score. The organization excels in various governance metrics, such as having a majority of independent board members and a comprehensive audit and oversight framework, indicating a commitment to transparency and ethical management.
The financial health of Bronxcare is reflected in its high program expense ratio, suggesting that a significant portion of its funds is directed toward its programs. This efficiency in resource allocation aligns with the nonprofit's mission to deliver health services effectively. However, the organization faces a challenge with a liabilities to assets ratio that could be improved, showing that while it manages its finances well overall, there is room for enhancement in its financial stability.
Overall, Bronxcare Health System demonstrates a robust commitment to accountability and effective financial practices. Potential donors and stakeholders can feel confident in the organization's governance structure and operational integrity, though attention to financial leverage and liability management would strengthen its position further.
This AI summary has been generated from information found on Charity Navigator.
Is Bronxcare Health System legitimate?
Bronxcare Health System is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bronxcare 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: $6,101,421
Professional Fundraising Fees: $0
Other Salaries and Wages: $415,466,702
For more financial information, click here
Official website here: www.bronxcare.org
What is the mission statement of Bronxcare Health System?
The Bronxcare Health System is dedicated to providing top-notch healthcare services to the community. As the largest not-for-profit healthcare and teaching hospital system in the South and Central Bronx, it boasts 859 beds and over 4,500 employees. The organization manages various divisions, including psychiatric and chemical dependency programs, a long-term care facility, and an extensive outpatient network. Bronxcare delivers accessible services to the community and is among New York City's leading providers of outpatient services, with almost one million visits annually. Its emergency room is one of the busiest in the city. The mission of Bronxcare Health System emphasizes delivering the highest quality care, ensuring patient safety and satisfaction, and fostering a safety culture that reports, learns, and is fair and just. The healthcare network continually strives for health equity and excellence in care.
Official website here: www.bronxcare.org
Who is the CEO of Bronxcare Health System?
Mr Miguel A Fuentes Jr is the CEO of Bronxcare Health System The CEO's salary of Bronxcare Health System is $2,309,674 and their total compensation is $2,374,107.
Official website here: www.bronxcare.org
What is the revenue of Bronxcare Health System?
Bronxcare Health System's revenue in 2023 was $950,080,223.
Official website here: www.bronxcare.org
Who are the executives of Bronxcare Health System and what are their salaries?
The average compensation at Bronxcare Health System during 2023 was $91,625. There are 4601 employees and 101 volunteers at Bronxcare Health System.
Here are 25 key members and their salaries (Bronxcare Health System's CEO's salary is $2,309,674 and their total compensation is $2,374,107):
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- Compensation: $2,309,674
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- Other: $64,433
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- Compensation: $1,079,583
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- Other: $65,626
- Compensation: $578,668
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- Other: $71,185
- Compensation: $354,006
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- Other: $54,650
- Compensation: $566,488
- Related: $0
- Other: $63,665
- Compensation: $382,988
- Related: $0
- Other: $47,408
- Compensation: $417,873
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- Other: $45,174
- Compensation: $911,151
- Related: $0
- Other: $65,899
- Compensation: $880,599
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- Other: $63,355
- Compensation: $1,349,307
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- Other: $63,251
- Compensation: $1,267,556
- Related: $0
- Other: $59,339
- Compensation: $910,552
- Related: $0
- Other: $72,199
- Compensation: $133,269
- Related: $0
- Other: $28,579
Official website here: www.bronxcare.org
Where can I find the form 990 for Bronxcare Health System?
Bronxcare Health System's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bronxcare.org
Learn more at the official website: www.bronxcare.org
Mission Statement of Bronxcare Health System
Bronxcare Health System, a leading not-for-profit healthcare organization, is dedicated to delivering the highest quality of healthcare services to the community it serves. With 859 beds and over 4,500 employees, this comprehensive health and teaching hospital system offers a range of services including two main hospital divisions, psychiatric and chemical dependency programs, a long-term care facility, and an extensive outpatient network. Bronxcare is among the largest providers of outpatient services in New York City, with nearly one million visits annually, and boasts a busy emergency room. The organization's mission goes beyond providing top-notch healthcare; it also prioritizes an environment where patient safety and satisfaction are paramount.
Bronxcare's commitment to patient safety and satisfaction is evident in its safety culture, which emphasizes reporting, learning, fairness, and justice. This culture is designed to continually strive for health equity and excellence in care. The organization's extensive network works towards responding to the community's needs while maintaining a focus on patient-centered care. Bronxcare Health System's mission is to deliver accessible, high-quality care that prioritizes the wellbeing of its patients, ensuring they receive the best possible treatment and care. By fostering a culture of continuous learning and improvement, Bronxcare Health System remains at the forefront of healthcare, dedicated to making a positive impact on the lives of those it serves.
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Impact
October, 2024
BronxCare Health System significantly impacts the Bronx community by delivering high-quality healthcare services tailored to the needs of its residents. As the largest healthcare provider in the South and Central Bronx, BronxCare operates a comprehensive network that includes 619 hospital beds across two major hospital divisions, a psychiatric facility, and an extensive outpatient network. This system is a cornerstone of accessible healthcare, handling nearly one million outpatient visits each year and operating one of the busiest emergency rooms in New York City.
The organization prioritizes patient safety and satisfaction, fostering a culture of safety that emphasizes reporting, learning, and fairness. By addressing the unique health challenges faced by the Bronx community, BronxCare is dedicated to advancing health equity and ensuring that high-quality care is within reach for all individuals within the region. Through its diverse services, including comprehensive psychiatric and chemical dependency programs, BronxCare continuously strives to meet the evolving health needs of its population, improving overall community well-being.
This information is meant to be a general summary of Bronxcare 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 2023.
- Investment Income: $19,201,691
- Program Service Revenue: $909,431,224
- Gross Receipts: $950,080,223
Assets and Liabilities:
- Total Assets: $919,250,370
- Total Liabilities: $568,961,794
- Net Assets: $350,288,576
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOSPITAL-PATIENT SVCS
Revenue
$909,431,224
Organization Details
Founding Year
1964
Principal Officer
Victor G Demarco
Website
www.bronxcare.orgNTEE Category
Code: E220 - Health
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