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Brockton Hospital Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222472997 ✦ Brockton, MA ✦ Designated as a 501(c)(3)

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Overview

What is Brockton Hospital Inc?

Brockton Hospital Inc, established in 1896, is a long-standing, community-based not-for-profit organization, serving as the oldest and largest inpatient facility in its designated area, which includes the city of Brockton and twenty-one surrounding municipalities. The organization, now known as Signature Healthcare Brockton Hospital, offers essential healthcare services to its local community.


Official website here: www.signature-healthcare.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Brockton Hospital Inc has earned a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance with a score of 81%. This rating reflects a strong emphasis on maintaining high standards of financial integrity and organizational transparency, as assessed based on their fiscal year 2021 data.

The nonprofit demonstrates commendable practices, such as having a majority of independent board members and comprehensive conflict of interest and whistleblower policies. Their program expense ratio is particularly impressive at 93%, showing that a significant portion of their expenses directly supports their mission. This suggests a commitment to effective resource allocation and operational efficiency.

However, the organization has a notable weakness in its liabilities to assets ratio, which is at 70.27%. This indicates that a substantial portion of their assets is tied up in liabilities, which may raise concerns about financial stability. Overall, while Brockton Hospital Inc shows strengths in governance and program funding, attention may be needed regarding their financial leverage.


This AI summary has been generated from information found on Charity Navigator.

Is Brockton Hospital Inc legitimate?

Brockton Hospital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brockton Hospital 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: $3,568,206
Professional Fundraising Fees: $0
Other Salaries and Wages: $155,074,845

For more financial information, click here


Official website here: www.signature-healthcare.org

What is the mission statement of Brockton Hospital Inc?

Established in 1896, Brockton Hospital Inc is a long-standing, community-based not-for-profit healthcare organization. As the oldest and largest inpatient facility in its designated service area, the hospital provides essential healthcare services to the cities of Brockton and twenty-one surrounding municipalities. The organization's mission focuses on delivering comprehensive healthcare solutions, catering to the needs of the local community. By maintaining a commitment to quality care, Brockton Hospital Inc continues to make a significant impact in the lives of its patients.


Official website here: www.signature-healthcare.org

Who is the CEO of Brockton Hospital Inc?

Robert J Haffey is the President/Ceo (Until 01/2022) of Brockton Hospital Inc. The CEO's salary of Brockton Hospital Inc is $49,155 and their total compensation is $49,397.


Official website here: www.signature-healthcare.org

What is the revenue of Brockton Hospital Inc?

Brockton Hospital Inc's revenue in 2022 was $372,320,315.


Official website here: www.signature-healthcare.org

Who are the executives of Brockton Hospital Inc and what are their salaries?

The average compensation at Brockton Hospital Inc during 2022 was $61,922. There are 2562 employees and 100 volunteers at Brockton Hospital Inc.


Here are 32 key members and their salaries (Brockton Hospital Inc's CEO's salary is $49,155 and their total compensation is $49,397):


Kim N Hollon (President/Ceo (Until 01/2022))
  • Compensation: $821,713
  • Related: $0
  • Other: $31,606
David Drinkwater Md (Physician Elect)
  • Compensation: $0
  • Related: $667,205
  • Other: $35,421
Kevin G Murphy (Cfo)
  • Compensation: $447,170
  • Related: $0
  • Other: $27,178
Karen E Murphy (Senior Vp General Counsel)
  • Compensation: $416,165
  • Related: $0
  • Other: $3,021
Kimberly Walsh (Senior Vp/Chief Nursing Ofcr)
  • Compensation: $361,560
  • Related: $0
  • Other: $13,079
Nicholas Szymanski (Vp/Chief Information Officer)
  • Compensation: $300,812
  • Related: $0
  • Other: $11,269
Jeffrey C Miller (Vp Philanthropy)
  • Compensation: $252,867
  • Related: $0
  • Other: $32,622
Michelle L Pac Tautkus (Physician Assistant)
  • Compensation: $239,157
  • Related: $0
  • Other: $30,316
Brenda W Brassard (Interim Vp, Human Resources)
  • Compensation: $234,267
  • Related: $0
  • Other: $32,583
Stephen Borges (Interim Cfo)
  • Compensation: $240,552
  • Related: $0
  • Other: $24,578
Robert S Greenberg Md (Trustee)
  • Compensation: $0
  • Related: $204,439
  • Other: $11,772
Michael L Dern Md (Trustee)
  • Compensation: $0
  • Related: $201,231
  • Other: $1,713
Robert Haffey (President/Ceo (As Of 01/2022))
  • Compensation: $49,155
  • Related: $0
  • Other: $242
Dale Ellenberg Md (Trustee (As Of 01/2022))
  • Compensation: $0
  • Related: $350
  • Other: $0
Khaled Sorour Md (President Medical)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Drier (Chairman Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0
David F Engelkemeyer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Frenette (Trustee (Until 11/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Harris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Leary (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugene Marrow (Trustee (Until 11/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Marturano (Trustee (As Of 01/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Luke Mccabe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clara Miranda (Trustee (As Of 01/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Niccoli (Chair Dev. Office Board Of Gov)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Offutt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patti Roland (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deepti Seshadri Md (Presi. Medical (As Of 07/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Sullivan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph L Tansey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Tortorella (Trustee (Until 12/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
David Wolohojian (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.signature-healthcare.org

Where can I find the form 990 for Brockton Hospital Inc?

Brockton Hospital Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.signature-healthcare.org

Learn more at the official website: www.signature-healthcare.org

Mission Statement of Brockton Hospital Inc

Brockton Hospital Inc, founded in 1896, is a community-based, not-for-profit healthcare organization with a rich history as the oldest and largest inpatient facility in its designated service area. Located in the city of Brockton and serving twenty-one surrounding municipalities, this esteemed institution has been a pillar of healthcare provision for over a century.

In simple terms, Brockton Hospital Inc's mission is to deliver quality healthcare services to the residents of its community. The hospital's longevity and reputation attest to its commitment to this goal. As a beacon of hope and healing, it provides essential medical care to individuals from various backgrounds, creating a welcoming and inclusive environment for all.

Brockton Hospital Inc's legacy stretches back to its founding in 1896, making it the oldest inpatient facility in its region. With a service area that encompasses the city of Brockton and twenty-one neighboring municipalities, the hospital plays a pivotal role in promoting health and wellbeing for thousands of people. The organization's unwavering dedication to its community has positioned it as a trusted and reliable healthcare provider for almost a century and a half.

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Impact




October, 2024

Brockton Hospital Inc has a significant impact on the healthcare landscape of Brockton and its surrounding communities. Established in 1896, it stands as the oldest and largest inpatient facility in the region, providing essential medical services to the city of Brockton and twenty-one adjacent municipalities.

The hospital plays a critical role in enhancing community health by offering a range of services, including emergency care, surgical procedures, and specialized treatments. Its presence ensures that residents have access to quality healthcare close to home, which is vital for timely medical interventions, especially in emergencies.

Moreover, Brockton Hospital fosters community wellness through health education initiatives, screenings, and outreach programs, addressing public health concerns and promoting preventive care. By serving as a healthcare hub, it not only improves individual health outcomes but also contributes to the overall well-being of the community.

In summary, Brockton Hospital Inc is a cornerstone of healthcare in the region, providing vital services that positively impact the health and safety of the communities it serves.




This information is meant to be a general summary of Brockton Hospital 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.

Revenue
$372,320,315 (2022)
Expenses
$361,299,918 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,559,575
  • Program Service Revenue: $323,492,751
  • Gross Receipts: $402,492,875

Assets and Liabilities:

  • Total Assets: $282,009,414
  • Total Liabilities: $189,356,930
  • Net Assets: $92,652,484

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PATIENT SERVICE REVENUE

Revenue

$305,166,130

INTERCOMPANY REVENUE

Revenue

$12,284,320

SCHOOL OF NURSING

Revenue

$3,374,499

INTERCOMPANY RENT

Revenue

$855,816

NONPATIENT LAB REVENUE

Revenue

$17,286

Organization Details

Founding Year

1983

Principal Officer

Robert J Haffey

Main Address

680 centre street, Brockton, MA, 02302

NTEE Category

Code: E220 - Health

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