Overview
What is Shore Memorial Hospital?
Shore Memorial Hospital, also known as SHORE MEDICAL CENTER, is a nonprofit organization based in Somers Point, New Jersey. With a workforce of 1,410 dedicated individuals, the hospital provides medical care to patients of all backgrounds, regardless of race, color, creed, sex, national origin, or ability to pay. Their mission is to care for and respect patients and their families. In 2022, the hospital had 6,378 patient discharges, totaling 30,012 days of medical care. The organization operates under the mission to deliver medical necessary healthcare services to all individuals, as stated in their community benefit statement (Schedule O).
Official website here: www.shoremedicalcenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating from Charity Navigator.
Shore Memorial Hospital has achieved an impressive 100% rating on Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The organization excels in maintaining a majority independent board, with all members meeting the independence criteria, which contributes to its high score in governance and oversight.
The hospital's financial management is noteworthy, with an accountability and finance score of 100. This indicates effective financial oversight and responsible spending, as evidenced by an 81.56% program expense ratio, meaning a significant portion of its budget is directed toward its programs and services. Additionally, it maintains a low liabilities-to-assets ratio, showcasing its financial stability.
While the data highlights numerous strengths, such as comprehensive policies and practices for conflict of interest and document retention, there are no noted limitations or concerns within the available information. Overall, Shore Memorial Hospital demonstrates a strong performance in its nonprofit operations, making it a trustworthy choice for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Shore Memorial Hospital legitimate?
Shore Memorial Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shore Memorial 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: $4,231,626
Professional Fundraising Fees: $0
Other Salaries and Wages: $66,833,902
For more financial information, click here
Official website here: www.shoremedicalcenter.org
What is the mission statement of Shore Memorial Hospital?
Shore Memorial Hospital is dedicated to providing compassionate care for all patients and their families. The organization's mission is to respect and attend to the health needs of individuals, regardless of their race, color, creed, sex, national origin, or ability to pay. Shore Memorial Hospital offers essential emergency and medical healthcare services to everyone in need. The team at Shore Memorial Hospital values every patient and strives to create a supportive environment where all feel respected and cared for. The hospital's commitment extends beyond individual care, as they aim to make a positive impact on the community. For further details, please refer to the community benefit statement included in Schedule O.
Official website here: www.shoremedicalcenter.org
Who is the CEO of Shore Memorial Hospital?
Ronald W Johnson is the Trustee - President/Ceo of Shore Memorial Hospital. The CEO's salary of Shore Memorial Hospital is $1,259,378 and their total compensation is $1,339,620.
Official website here: www.shoremedicalcenter.org
What is the revenue of Shore Memorial Hospital?
Shore Memorial Hospital's revenue in 2022 was $259,330,927.
Official website here: www.shoremedicalcenter.org
Who are the executives of Shore Memorial Hospital and what are their salaries?
The average compensation at Shore Memorial Hospital during 2022 was $50,401. There are 1410 employees and 80 volunteers at Shore Memorial Hospital.
Here are 33 key members and their salaries (Shore Memorial Hospital's CEO's salary is $1,259,378 and their total compensation is $1,339,620):
- Compensation: $1,259,378
- Related: $0
- Other: $80,242
- Compensation: $606,867
- Related: $0
- Other: $91,732
- Compensation: $601,535
- Related: $0
- Other: $92,338
- Compensation: $378,139
- Related: $0
- Other: $43,319
- Compensation: $316,367
- Related: $0
- Other: $54,356
- Compensation: $333,776
- Related: $0
- Other: $30,579
- Compensation: $334,611
- Related: $0
- Other: $26,698
- Compensation: $311,477
- Related: $0
- Other: $31,521
- Compensation: $276,539
- Related: $0
- Other: $21,232
- Compensation: $223,346
- Related: $0
- Other: $33,223
- Compensation: $215,875
- Related: $0
- Other: $2,183
- Compensation: $196,539
- Related: $0
- Other: $17,966
- Compensation: $0
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Official website here: www.shoremedicalcenter.org
Where can I find the form 990 for Shore Memorial Hospital?
Shore Memorial Hospital's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.shoremedicalcenter.org
Learn more at the official website: www.shoremedicalcenter.org
Mission Statement of Shore Memorial Hospital
Shore Memorial Hospital, a renowned healthcare organization, is dedicated to caring for and respecting all patients, their families, and each other. With a commitment to providing essential healthcare services, Shore Memorial Hospital extends its services to individuals regardless of race, color, creed, sex, national origin, or their ability to pay.
At the heart of Shore Memorial Hospital's mission is the prioritization of patient care and respect. The organization's team of professionals is dedicated to fostering an environment where every patient feels valued and supported throughout their healthcare journey. Shore Memorial Hospital goes above and beyond to ensure that all individuals receive the medical attention they need, regardless of their background or financial situation.
Shore Memorial Hospital's mission extends beyond the provision of emergency and necessary healthcare services. It is a place where the well-being and dignity of each person are respected, creating an atmosphere of compassion and empathy. By treating every patient with respect and compassion, Shore Memorial Hospital sets itself apart as a beacon of care within the healthcare community.
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Impact
August, 2024
Shore Memorial Hospital's impact lies in its commitment to caring for and respecting all patients, their families, and each other. The hospital provides medically necessary inpatient medical services to all individuals in a non-discriminatory manner, regardless of race, color, creed, sex, national origin, religion, or ability to pay. In 2022, the hospital had 6,378 discharges totaling 30,012 patient days. By upholding their mission to provide emergency and healthcare services for all individuals, Shore Memorial Hospital plays a vital role in enhancing the health and well-being of the community in SOMERS POINT, NJ.
This information is meant to be a general summary of Shore Memorial 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 2022.
- Investment Income: $1,135,092
- Program Service Revenue: $252,212,456
- Gross Receipts: $259,698,650
Assets and Liabilities:
- Total Assets: $334,920,102
- Total Liabilities: $102,530,811
- Net Assets: $232,389,291
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE REVENUE
Revenue
$249,833,249
OTHER HEALTHCARE RELATED REVENUE
Revenue
$2,044,199
AUXILIARY INCOME
Revenue
$335,008
Organization Details
Founding Year
1942
Phone
(609) 653-3545Principal Officer
Ronald W Johnson
Main Address
100 MEDICAL CENTER WAY, SOMERS POINT, NJ, 082442387
Website
www.shoremedicalcenter.orgNTEE Category
Code: E220 - Health
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