Overview
What is Holy Name Medical Center Inc?
Holy Name Medical Center Inc, located at 718 Teaneck Road, Teaneck, New Jersey, is a prominent nonprofit organization committed to providing medically necessary healthcare services to individuals in the community, irrespective of race, color, creed, sex, gender identity, national origin, age, disability, or ability to pay. With a staff of 3410 employees, the center adheres to Catholic principles while pursuing professional excellence and conscientious stewardship. Their mission encompasses prevention, education, and treatment, helping the community reach the highest attainable level of health. The organization offers non-discriminatory healthcare services, as outlined in their community benefit statement.
Official website here: www.holyname.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 100%, Four-Star out of Four Star rating.
Holy Name Medical Center Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial transparency. The organization has attained a perfect score in the accountability and finance category, showcasing its solid fiscal management and governance practices. This high rating reflects its majority independent board, comprehensive audit and oversight committee, and effective policies for conflict of interest and whistleblowing.
The nonprofit demonstrates exceptional financial health, with a program expense ratio of 89.20%, meaning that a significant portion of its funds directly supports its programs and services. Additionally, the organization maintains a low liabilities-to-assets ratio of 45.61%, suggesting prudent financial management and sustainability. The availability of crucial documents, such as tax forms and board meeting minutes, further reinforces its commitment to transparency.
Despite its strengths, the review does not highlight any specific areas for improvement, indicating that Holy Name Medical Center Inc operates at a high standard. Overall, the organization's strong performance in all metrics presents it as a reliable and trustworthy nonprofit within its sector.
This AI summary has been generated from information found on Charity Navigator.
Is Holy Name Medical Center Inc legitimate?
Holy Name Medical Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holy Name Medical Center 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: $7,683,965
Professional Fundraising Fees: $0
Other Salaries and Wages: $198,696,460
For more financial information, click here
Official website here: www.holyname.org
What is the mission statement of Holy Name Medical Center Inc?
Holy Name Medical Center Inc is dedicated to providing medically necessary healthcare services to individuals in the community, welcoming all regardless of race, color, creed, sex, gender identity, national origin, age, or ability to pay. Embracing Catholic principles and striving for professional excellence, the organization works to help the community attain the highest level of health through prevention, education, and treatment. They prioritize equitable access to healthcare and aim to make a difference in people's lives by offering non-discriminatory outpatient services.
Official website here: www.holyname.org
Who is the CEO of Holy Name Medical Center Inc?
Michael Maron is the CEO of Holy Name Medical Center Inc The CEO's salary of Holy Name Medical Center Inc is $2,346,088 and their total compensation is $2,402,083.
Official website here: www.holyname.org
What is the revenue of Holy Name Medical Center Inc?
Holy Name Medical Center Inc's revenue in 2023 was $560,855,952.
Official website here: www.holyname.org
Who are the executives of Holy Name Medical Center Inc and what are their salaries?
The average compensation at Holy Name Medical Center Inc during 2023 was $63,133. There are 3269 employees and 479 volunteers at Holy Name Medical Center Inc.
Here are 33 key members and their salaries (Holy Name Medical Center Inc's CEO's salary is $2,346,088 and their total compensation is $2,402,083):
- Compensation: $2,346,088
- Related: $0
- Other: $55,995
- Compensation: $1,070,192
- Related: $0
- Other: $24,070
- Compensation: $777,710
- Related: $0
- Other: $201,518
- Compensation: $756,534
- Related: $0
- Other: $164,696
- Compensation: $773,675
- Related: $0
- Other: $34,830
- Compensation: $694,601
- Related: $0
- Other: $49,289
- Compensation: $587,422
- Related: $0
- Other: $50,350
- Compensation: $532,838
- Related: $0
- Other: $54,222
- Compensation: $526,601
- Related: $0
- Other: $57,417
- Compensation: $540,495
- Related: $0
- Other: $33,884
- Compensation: $502,345
- Related: $0
- Other: $59,564
- Compensation: $459,411
- Related: $0
- Other: $41,983
- Compensation: $418,544
- Related: $0
- Other: $57,030
- Compensation: $285,658
- Related: $0
- Other: $40,801
- Compensation: $302,210
- Related: $0
- Other: $21,075
- Compensation: $0
- Related: $197,537
- Other: $24,295
- Compensation: $0
- Related: $188,817
- Other: $20,965
- 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
- 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.holyname.org
Where can I find the form 990 for Holy Name Medical Center Inc?
Holy Name Medical Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.holyname.org
Learn more at the official website: www.holyname.org
Mission Statement of Holy Name Medical Center Inc
Holy Name Medical Center Inc, a dedicated community of caregivers, embodies a ministry of healing rooted in Catholic principles. Committed to professional excellence and conscientious stewardship, this organization sets out to help individuals in their community attain the highest level of health. Through prevention, education, and treatment, Holy Name Medical Center, Inc. provides essential outpatient services to all, regardless of race, color, creed, sex, national origin, or ability to pay. In doing so, it upholds a non-discriminatory approach to healthcare. The center's mission extends beyond mere medical care, embracing the pursuit of overall wellbeing for each person it serves.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Holy Name Medical Center Inc's impact lies in its commitment to providing medically necessary healthcare services to individuals in the community regardless of various factors such as race, color, creed, sex, gender identity, national origin, age, disability, or ability to pay. By offering these services in a non-discriminatory manner and embracing the tradition of Catholic principles, the organization contributes to the well-being of the community it serves. Through its mission of healing, professional excellence, and conscientious stewardship, Holy Name Medical Center Inc helps individuals achieve the highest attainable level of health through prevention, education, and treatment.
This information is meant to be a general summary of Holy Name Medical Center 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 2023.
- Investment Income: $2,504,714
- Program Service Revenue: $519,772,538
- Gross Receipts: $561,438,317
Assets and Liabilities:
- Total Assets: $497,398,141
- Total Liabilities: $207,506,867
- Net Assets: $289,891,274
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE REVENUE
Revenue
$507,927,642
OTHER HEALTHCARE RELATED REVENUE
Revenue
$10,439,280
SCHOOL OF NURSING
Revenue
$1,405,616
Organization Details
Founding Year
1958
Principal Officer
Michael Maron
Website
www.holyname.orgNTEE Category
Code: E220 - Health
If you are a representative of Holy Name Medical Center Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.