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Southcoast Hospitals Group Inc

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

EIN: 222592333 ✦ New bedford, MA ✦ Designated as a 501(c)(3)

Overview

What is Southcoast Hospitals Group Inc?

Southcoast Hospitals Group Inc, based in New Bedford, Massachusetts, is a leading healthcare provider with a commitment to enhancing the health and well-being of individuals in its communities. In FY2022, they recorded 196,749 inpatient days, performed over 15,000 surgeries and endoscopies, provided 3.2 million laboratory tests, conducted 415,000 radiological procedures, 192,000 physical medicine visits, and 665 PCI coronary interventions, among other services. They catered to 2,895 newborn admissions and offered radiation and medical chemotherapy treatments to 35,726 patients. Southcoast Hospitals Group Inc also cared for 155,154 emergency room patients 24/7, regardless of their ability to pay. With a workforce of 6,718 employees, their mission is to promote optimal health and well-being for the individuals and families in the communities they serve.


Official website here: www.southcoast.org

Is Southcoast Hospitals Group Inc legitimate?

Southcoast Hospitals Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southcoast Hospitals Group 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.

Here are some key statistics you may want to consider:

Executive Compensation: $10,420,409
Professional Fundraising Fees: $5,000
Other Salaries and Wages: $359,821,251

For more financial information, click here


Official website here: www.southcoast.org

What is the mission statement of Southcoast Hospitals Group Inc?

Southcoast Hospitals Group Inc is dedicated to enhancing the health and well-being of individuals and their families in the communities it serves. Through its provision of inpatient and outpatient healthcare services, Southcoast improves the overall health of its patient population. In the previous fiscal year (FY2022), the organization recorded 196,749 inpatient days, performed 15,726 surgeries and 10,341 endoscopies, and carried out 3,220,426 laboratory tests, among other procedures. Southcoast offers care to all individuals, regardless of their ability to pay, and provides 24/7 emergency room services. In the context of the COVID-19 pandemic, Southcoast interacted with 21,576 patients, comprising 1,291 inpatient discharges and 20,285 outpatient visits.


Official website here: www.southcoast.org

Who is the CEO of Southcoast Hospitals Group Inc?

Rayford Kruger is the Principal Officer of Southcoast Hospitals Group Inc. The CEO's salary of Southcoast Hospitals Group Inc is $0 and their total compensation is $1,292,916.


Official website here: www.southcoast.org

What is the revenue of Southcoast Hospitals Group Inc?

Southcoast Hospitals Group Inc's revenue in 2022 was $1,019,838,643.


Official website here: www.southcoast.org

Who are the executives of Southcoast Hospitals Group Inc and what are their salaries?

The average compensation at Southcoast Hospitals Group Inc during 2022 was $55,112. There are 6,718 employees and 116 volunteers at Southcoast Hospitals Group Inc.

Here are 30 key members and their salaries (Southcoast Hospitals Group Inc's CEO's salary is $0 and their total compensation is $1,292,916):

    Keith Hovan (President & Ceo (Until 1/22)) [Trustee/Director]
  • Compensation: $2,073,393
  • Related: $0
  • Other: $344,963

    • Rayford Kruger Md (President & Ceo (As Of 3/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $1,247,543
  • Other: $45,373

    • Renee Clark (Evp/Coo (Shg)/ Asst. Clerk)
  • Compensation: $1,054,119
  • Related: $0
  • Other: $181,423

    • Wade Broughman (Evp Fin/Cfo & Treasurer)
  • Compensation: $1,093,794
  • Related: $0
  • Other: $34,680

    • Michael Cofone (Svp Finance (Until 12/21))
  • Compensation: $737,705
  • Related: $0
  • Other: $93,913

    • Stephen Canessa (Svp Chief Brand Strategy Offcr)
  • Compensation: $654,570
  • Related: $0
  • Other: $123,263

    • James Feen (Svp/Cio)
  • Compensation: $617,574
  • Related: $0
  • Other: $128,879

    • Lauren Desimon Johnson (Svp/ Chro)
  • Compensation: $544,116
  • Related: $0
  • Other: $118,013

    • Ilana Feinerman Md (Trustee)
  • Compensation: $0
  • Related: $591,757
  • Other: $25,541

    • Jaqueline Somerville (Svp/Cno)
  • Compensation: $566,658
  • Related: $0
  • Other: $32,358

    • Tonya Johnson (Vp Operations)
  • Compensation: $390,936
  • Related: $0
  • Other: $38,044

    • Ana Laus (Trustee (As Of 1/22))
  • Compensation: $0
  • Related: $408,612
  • Other: $15,780

    • James Witkowski Md (Trustee (Until 12/21))
  • Compensation: $0
  • Related: $363,990
  • Other: $46,863

    • Stephen Pires (Svp Insurance & Risk Mgmt)
  • Compensation: $367,856
  • Related: $0
  • Other: $34,680

    • Robert Swann (Vp/ Acno Slh)
  • Compensation: $354,519
  • Related: $0
  • Other: $17,280

    • Jadene Elden (Vp Revenue Cycle)
  • Compensation: $329,893
  • Related: $0
  • Other: $1,391

    • Jay S Schachne Md (Trustee)
  • Compensation: $0
  • Related: $6,802
  • Other: $408

    • Salman Bashir Md (Trustee)
  • Compensation: $1,100
  • Related: $0
  • Other: $0

    • Jason Rua (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louis Cabral (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Jerome Coogan (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • W Hugh M Morton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis J Fusco (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donald G Giumetti (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Huidekoper (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Hodgson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Helena Dasilva Hughes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan L Rounds (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heidi A Kostin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carmen F Sylvester (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.southcoast.org

    Where can I find the form 990 for Southcoast Hospitals Group Inc?

    The Southcoast Hospitals Group Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.southcoast.org

    Learn more at the official website: www.southcoast.org

    Mission Statement of Southcoast Hospitals Group Inc

    Southcoast Hospitals Group Inc, a dedicated healthcare organization, strives to enhance the overall health and well-being of individuals and families residing in the communities it serves. Through its mission, the group endeavors to deliver comprehensive inpatient and outpatient healthcare services that cater to the diverse health needs of the population.

    The organization's commitment to improving health and wellness is illustrated through its impressive statistics. In the previous year, Southcoast Hospitals Group recorded 196,749 inpatient days, performed 15,726 surgeries, and 10,341 endoscopies. Additionally, they conducted 3,220,426 laboratory tests, 415,113 radiological procedures, 192,194 physical medicine visits, and 665 PCI coronary interventions, among other medical procedures. Southcoast ensured access to healthcare for all, regardless of their financial ability, recording 2,068 diagnostic catheterizations, 379 open heart surgeries, 1,538 electrophysiology cases, and 626 coronary device implants. For the newborn population, the organization admitted 2,895 newborns and provided 35,726 radiation and medical chemotherapy treatments. Southcoast also cared for 155,154 emergency room patients around the clock.

    Furthermore, in the year 2022, Southcoast Hospitals Group had 21,576 interactions with COVID cases, which consisted of 1,291 inpatient discharges and 20,285 outpatient visits. The organization's unwavering dedication to healthcare and its commitment to serving the community, regardless of financial capability, remain constant.

    Impact

    This information is meant to be a general summary of Southcoast Hospitals Group Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Southcoast Hospitals Group Inc plays a significant role in promoting the optimal health and well-being of individuals and families in the communities it serves. The organization provides a wide range of inpatient and outpatient healthcare services aimed at improving the health and wellness of community members. In a single year, Southcoast recorded nearly 200,000 inpatient days, performed thousands of surgeries and other medical procedures, conducted millions of laboratory tests and radiological procedures, and provided care for a large number of emergency room patients, including those with COVID-19 interactions.

    Southcoast Hospitals Group's impact extends beyond medical treatments to include services like physical medicine visits, coronary interventions, and newborn admissions, demonstrating a commitment to comprehensive and holistic healthcare. Moreover, the organization's dedication to serving all patients regardless of their ability to pay ensures that everyone in the community has access to essential medical care. Southcoast's efforts help enhance the overall health and well-being of the individuals and families in the New Bedford, MA area, making a tangible difference in the lives of many.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $39,683,896
  • Program Service Revenue: $939,032,538
  • Gross Receipts: $1,197,027,507

    • Assets and Liabilities:
  • Total Assets: $991,182,909
  • Total Liabilities: $449,075,037
  • Net Assets: $542,107,872
  • Programs

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

    PATIENT SVC REVENUE

    Revenue

    $845,401,021

    HEALTHCARE SVC REVENUE

    Revenue

    $87,720,488

    PARTNERSHIP INCOME

    Revenue

    $1,233,062

    GIFT SHOP INCOME

    Revenue

    $493,811

    CAFETERIA

    Revenue

    $2,202,696

    Organization Details

    Founding Year

    1986

    Principal Officer

    Rayford Kruger

    Main Address

    101 Page Street, New Bedford, MA, 02740

    NTEE Category

    Code: E22 - Health

    If you are a representative of Southcoast Hospitals Group 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.