Overview
What is Virtua Our Lady Of Lourdes Hospitalinc?
Virtua Our Lady of Lourdes Hospitalinc, located in Marlton, New Jersey, is a prominent nonprofit healthcare provider. With over 2,100 employees, they are dedicated to improving the well-being of their community by delivering outstanding healthcare experiences. The hospital offers a range of services, from inpatient and outpatient care to emergency department treatments and clinic appointments. Despite receiving less reimbursement than the cost of services provided, which totals approximately $26.2 million, they continue to serve numerous community members with insurance under Medical Assistance programs. Their mission is to help their patients get well, be well, and stay well, ensuring the highest quality care. They provide their healthcare team with essential resources, technology, training, and opportunities for professional growth.
Official website here: www.virtua.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Virtua Our Lady Of Lourdes Hospitalinc has achieved an impressive Four-Star rating from Charity Navigator, indicating strong performance in accountability and finance. The organization scored 94% in this category, reflecting its commitment to transparency and responsible financial management, which is essential for fostering trust among donors and stakeholders.
The hospital demonstrates robust governance practices, with 90% of its board members being independent. This high level of independence, along with a sizable board of 18 members, enhances oversight and decision-making. The organization also excels in its audit and oversight practices, showcasing no material diversion of assets and a strong presence of conflict of interest and whistleblower policies.
One notable strength is its program expense ratio of 87.27%, which suggests that a significant portion of its resources is allocated towards fulfilling its mission. However, while the overall financial health appears solid, the liabilities to assets ratio of 53.24% indicates that the organization carries some level of debt relative to its assets, which could be a point of consideration for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Virtua Our Lady Of Lourdes Hospitalinc legitimate?
Virtua Our Lady Of Lourdes Hospitalinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virtua Our Lady Of Lourdes Hospitalinc 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: $1,265,393
Professional Fundraising Fees: $0
Other Salaries and Wages: $129,112,612
For more financial information, click here
Official website here: www.virtua.org
What is the mission statement of Virtua Our Lady Of Lourdes Hospitalinc?
Virtua Our Lady of Lourdes Hospitalinc is committed to helping the community be well, get well, and stay well. They ensure each patient and their family receive an exceptional healthcare experience and strive for the highest quality care. The organization provides its healthcare team with essential resources, technology, and training, as well as opportunities for professional growth. Despite receiving less reimbursement than the cost of the services provided through Medicaid, Virtua continues to serve many community members insured under these programs. Their services are accessible both inpatient and outpatient, including through emergency departments and clinics.
Official website here: www.virtua.org
Who is the CEO of Virtua Our Lady Of Lourdes Hospitalinc?
Dennis W Pullin End 73123 is the CEO of Virtua Our Lady Of Lourdes Hospitalinc The CEO's salary of Virtua Our Lady Of Lourdes Hospitalinc is $0 and their total compensation is $3,487,539.
Official website here: www.virtua.org
What is the revenue of Virtua Our Lady Of Lourdes Hospitalinc?
Virtua Our Lady Of Lourdes Hospitalinc's revenue in 2023 was $485,053,756.
Official website here: www.virtua.org
Who are the executives of Virtua Our Lady Of Lourdes Hospitalinc and what are their salaries?
The average compensation at Virtua Our Lady Of Lourdes Hospitalinc during 2023 was $56,222. There are 2319 employees and 37 volunteers at Virtua Our Lady Of Lourdes Hospitalinc.
Here are 34 key members and their salaries (Virtua Our Lady Of Lourdes Hospitalinc's CEO's salary is $0 and their total compensation is $3,487,539):
- Compensation: $0
- Related: $3,429,773
- Other: $57,766
- Compensation: $0
- Related: $1,086,183
- Other: $47,908
- Compensation: $0
- Related: $1,707,436
- Other: $57,766
- Compensation: $543,487
- Related: $0
- Other: $46,783
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $1,237,401
- Other: $44,861
- Compensation: $0
- Related: $854,261
- Other: $42,031
- Compensation: $313,620
- Related: $0
- Other: $56,982
- Compensation: $259,823
- Related: $0
- Other: $44,698
- Compensation: $566,124
- Related: $0
- Other: $47,189
- Compensation: $285,463
- Related: $0
- Other: $42,003
- Compensation: $249,619
- Related: $0
- Other: $25,135
- Compensation: $247,445
- Related: $0
- Other: $52,593
- Compensation: $245,400
- Related: $0
- Other: $24,399
- Compensation: $0
- Related: $1,541,855
- Other: $56,571
- Compensation: $0
- Related: $437,894
- Other: $41,798
Official website here: www.virtua.org
Where can I find the form 990 for Virtua Our Lady Of Lourdes Hospitalinc?
Virtua Our Lady Of Lourdes Hospitalinc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.virtua.org
Learn more at the official website: www.virtua.org
Mission Statement of Virtua Our Lady Of Lourdes Hospitalinc
Virtua Our Lady of Lourdes Hospitalinc is a mission-driven healthcare organization dedicated to helping the community be well, get well, and stay well. The team at Virtua Our Lady of Lourdes Hospitalinc is committed to delivering an exceptional patient experience and ensuring the highest quality of care for every individual they serve. They consider it a privilege to provide their healthcare team with the necessary resources, technology, and opportunities for professional growth, enabling them to excel in their roles.
The organization's unwavering commitment to the community extends to caring for numerous individuals who are insured under various medical assistance programs. Despite receiving less reimbursement than the cost of services provided, which totals approximately $26.2 million, according to management estimates, Virtua Our Lady of Lourdes Hospitalinc continues to deliver essential healthcare services on both an inpatient and outpatient basis. These services span emergency departments and clinics, ensuring that the community's needs are met comprehensively.
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Impact
August, 2024
Virtua Our Lady Of Lourdes Hospitalinc's impact is significant in its community. By providing care to many individuals insured under medical assistance programs, including Medicaid, the hospital shoulders a substantial financial burden with approximately $26.2 million in unreimbursed costs. Despite this challenge, the hospital remains committed to its mission of helping the community be well, get well, and stay well.
Through its services delivered on both inpatient and outpatient basis, including emergency care, Virtua Our Lady Of Lourdes Hospitalinc plays a vital role in ensuring access to quality healthcare. The organization's dedication to providing outstanding experiences for patients and families, as well as investing in its healthcare team's resources, technology, and training, underscores its commitment to the well-being of the community.
This information is meant to be a general summary of Virtua Our Lady Of Lourdes Hospitalinc. 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: $119,086
- Program Service Revenue: $478,761,865
- Gross Receipts: $487,445,868
Assets and Liabilities:
- Total Assets: $283,727,300
- Total Liabilities: $151,078,903
- Net Assets: $132,648,397
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICES
Revenue
$367,523,563
NET LAB REVENUE
Revenue
$106,856,215
SCHOOL OF NURSING
Revenue
$3,222,213
RESIDENT PROGRAM REVEN
Revenue
$483,952
QIP NJ PROGRAM
Revenue
$442,240
Organization Details
Founding Year
1950
Principal Officer
Dennis W Pullin
Website
www.virtua.orgNTEE Category
Code: E220 - Health
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