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
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Southcoast Hospitals Group Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization's overall score is solely based on its accountability and finance metrics, indicating a high level of transparency and responsible financial management. With a score of 96 in this category, Southcoast demonstrates a commitment to effective governance and ethical practices.
Strengths highlighted include a predominantly independent board, which consists of 12 members, with over half being independent. Additional strengths include robust financial oversight, as evidenced by perfect scores in audit and oversight and various governance policies such as whistleblower and conflict of interest policies. The organization also shows a solid program expense ratio of 78.94%, indicating that the majority of its resources are directed towards programmatic activities.
While the data does not highlight specific limitations, the focus on accountability and finance suggests that users may want to explore other aspects of the organization, such as program impact and community feedback, to gain a more comprehensive understanding of its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
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.
Heare 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 6718 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):
- Compensation: $2,073,393
- Related: $0
- Other: $344,963
- Compensation: $0
- Related: $1,247,543
- Other: $45,373
- Compensation: $1,054,119
- Related: $0
- Other: $181,423
- Compensation: $1,093,794
- Related: $0
- Other: $34,680
- Compensation: $737,705
- Related: $0
- Other: $93,913
- Compensation: $654,570
- Related: $0
- Other: $123,263
- Compensation: $617,574
- Related: $0
- Other: $128,879
- Compensation: $544,116
- Related: $0
- Other: $118,013
- Compensation: $0
- Related: $591,757
- Other: $25,541
- Compensation: $566,658
- Related: $0
- Other: $32,358
- Compensation: $390,936
- Related: $0
- Other: $38,044
- Compensation: $0
- Related: $408,612
- Other: $15,780
- Compensation: $0
- Related: $363,990
- Other: $46,863
- Compensation: $367,856
- Related: $0
- Other: $34,680
- Compensation: $354,519
- Related: $0
- Other: $17,280
- Compensation: $329,893
- Related: $0
- Other: $1,391
- Compensation: $0
- Related: $6,802
- Other: $408
- Compensation: $1,100
- 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.southcoast.org
Where can I find the form 990 for Southcoast Hospitals Group Inc?
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.
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Impact
October, 2024
Southcoast Hospitals Group Inc profoundly impacts the health and well-being of individuals and families in its service areas. With a comprehensive range of inpatient and outpatient healthcare services, the organization provides vital medical care to enhance the overall wellness of the community.
In recent statistics, Southcoast recorded significant patient interactions, including 196,749 inpatient days and over 15,726 surgeries, highlighting its role as a crucial healthcare provider. The group also conducted 10,341 endoscopies, 415,113 radiological procedures, and 3,220,426 laboratory tests, showcasing its extensive diagnostic and therapeutic capabilities.
Emergency care is another critical aspect of Southcoast's services, with 155,154 emergency room visits handled year-round, ensuring that urgent healthcare needs are met regardless of a patient's financial situation. During the COVID-19 pandemic, the hospital managed 21,576 interactions, including inpatient discharges and outpatient visits, affirming its adaptability and commitment to public health during challenging times.
Southcoast also offers specialized treatments such as radiation and medical chemotherapy, alongside complex procedures like open-heart surgeries and electrophysiology cases. This breadth of care emphasizes the organization's dedication to promoting optimal health and addressing diverse medical needs within the community it serves.
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.
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: $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
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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
Phone
(508) 961-5000Principal Officer
Rayford Kruger
Main Address
101 Page Street, New Bedford, MA, 02740
Website
www.southcoast.orgNTEE Category
Code: E200 - Health
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