Overview
What is Hartford Healthcare Corporation?
Hartford Healthcare Corporation, based in Hartford, Connecticut, functions as the umbrella organization for an integrated healthcare delivery system. The system comprises several entities, including hospitals, behavioral health networks, and physician groups, all serving as tax-exempt organizations under 501(c)(3) of the Code. Hartford Healthcare is a fully integrated healthcare system, offering high-quality services through its institutes, which cover cancer, heart and vascular services, neuroscience, orthopedics, urology, and behavioral health. The organization is committed to improving the quality and accessibility of healthcare, creating operational efficiency, and providing coordinated, compassionate care to all patients. With a staff of over 3,500 employees, Hartford Healthcare is a significant economic engine for Connecticut, offering essential services in five community benefit regions and collaborating with its supported organizations to address community health needs and reduce health disparities.
Official website here: www.hartfordhealthcare.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
Hartford Healthcare Corporation has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The score reflects a strong performance in financial oversight and governance, with an impressive 92% of board members being independent, which promotes unbiased decision-making. The organization has also demonstrated robust policies and procedures, such as conflict of interest and whistleblower policies, contributing to its positive evaluation.
The organization's financial management is noteworthy, with a program expense ratio of 96.93%, showing that the vast majority of its resources are allocated towards program services. However, it does face challenges with its liabilities to assets ratio, scoring 0 out of 15 in this area, which may raise concerns about financial sustainability and long-term stability. This aspect could be a potential area for improvement for the organization.
Overall, Hartford Healthcare Corporation showcases commendable accountability practices and a strong commitment to its mission. While it excels in many areas of financial management, addressing its liabilities to assets ratio could further enhance its operational health and donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Hartford Healthcare Corporation legitimate?
Hartford Healthcare Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hartford Healthcare Corporation 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: $29,706,636
Professional Fundraising Fees: $0
Other Salaries and Wages: $284,437,723
For more financial information, click here
Official website here: www.hartfordhealthcare.org
What is the mission statement of Hartford Healthcare Corporation?
Hartford HealthCare is a mission-driven organization dedicated to enhancing the health and healing of the communities it serves. Through its network of hospitals, behavioral health facilities, physician groups, and senior care services, the organization provides comprehensive healthcare solutions. Hartford HealthCare's institute model offers high-quality, specialized care for various health conditions, including cancer, heart and vascular services, neuroscience, orthopedics, urology, and behavioral health. The organization collaborates with its affiliated entities to improve healthcare accessibility and quality, create operational efficiency, and coordinate patient care. By conducting Community Health Needs Assessments (CHNAs), Hartford HealthCare aims to identify community health priorities and allocate resources to address these needs effectively. The organization's regional approach to community health improvement promotes collaboration, data-driven decision-making, and equity to enhance overall health and well-being.
Official website here: www.hartfordhealthcare.org
Who is the CEO of Hartford Healthcare Corporation?
Elliot Joseph is the CEO of Hartford Healthcare Corporation The CEO's salary of Hartford Healthcare Corporation is $107,216 and their total compensation is $176,906.
Official website here: www.hartfordhealthcare.org
What is the revenue of Hartford Healthcare Corporation?
Hartford Healthcare Corporation's revenue in 2023 was $748,124,959.
Official website here: www.hartfordhealthcare.org
Who are the executives of Hartford Healthcare Corporation and what are their salaries?
The average compensation at Hartford Healthcare Corporation during 2023 was $91,561. There are 3431 employees and 15 volunteers at Hartford Healthcare Corporation.
Here are 61 key members and their salaries (Hartford Healthcare Corporation's CEO's salary is $107,216 and their total compensation is $176,906):
- Compensation: $3,854,775
- Related: $0
- Other: $54,605
- Compensation: $1,898,482
- Related: $0
- Other: $49,210
- Compensation: $0
- Related: $1,740,859
- Other: $56,358
- Compensation: $1,533,173
- Related: $0
- Other: $190,199
- Compensation: $1,445,846
- Related: $0
- Other: $168,817
- Compensation: $1,433,652
- Related: $0
- Other: $156,125
- Compensation: $1,334,381
- Related: $0
- Other: $144,062
- Compensation: $1,347,089
- Related: $0
- Other: $56,905
- Compensation: $1,315,366
- Related: $0
- Other: $45,721
- Compensation: $1,194,539
- Related: $0
- Other: $55,823
- Compensation: $1,175,654
- Related: $0
- Other: $64,942
- Compensation: $1,078,153
- Related: $0
- Other: $156,052
- Compensation: $1,020,485
- Related: $0
- Other: $49,957
- Compensation: $984,865
- Related: $0
- Other: $70,510
- Compensation: $972,488
- Related: $0
- Other: $69,623
- Compensation: $967,419
- Related: $0
- Other: $65,005
- Compensation: $962,273
- Related: $0
- Other: $47,475
- Compensation: $813,363
- Related: $0
- Other: $135,026
- Compensation: $882,083
- Related: $0
- Other: $59,090
- Compensation: $861,012
- Related: $0
- Other: $65,730
- Compensation: $786,956
- Related: $0
- Other: $134,428
- Compensation: $891,709
- Related: $0
- Other: $26,635
- Compensation: $850,885
- Related: $0
- Other: $65,046
- Compensation: $780,327
- Related: $0
- Other: $48,419
- Compensation: $773,996
- Related: $0
- Other: $41,344
- Compensation: $680,223
- Related: $0
- Other: $121,519
- Compensation: $663,833
- Related: $0
- Other: $80,980
- Compensation: $590,841
- Related: $0
- Other: $116,798
- Compensation: $614,167
- Related: $0
- Other: $80,628
- Compensation: $644,968
- Related: $0
- Other: $42,438
- Compensation: $599,052
- Related: $0
- Other: $58,475
- Compensation: $619,995
- Related: $0
- Other: $27,576
- Compensation: $591,725
- Related: $0
- Other: $42,787
- Compensation: $585,099
- Related: $0
- Other: $40,617
- Compensation: $554,806
- Related: $0
- Other: $57,690
- Compensation: $562,519
- Related: $0
- Other: $49,455
- Compensation: $535,448
- Related: $0
- Other: $59,702
- Compensation: $533,272
- Related: $0
- Other: $54,780
- Compensation: $0
- Related: $526,342
- Other: $40,222
- Compensation: $0
- Related: $314,953
- Other: $21,350
- Compensation: $251,071
- Related: $0
- Other: $20,620
- Compensation: $107,216
- Related: $0
- Other: $69,690
- Compensation: $156,578
- Related: $0
- Other: $9,023
- Compensation: $102,158
- Related: $0
- Other: $3,144
- Compensation: $32,452
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hartfordhealthcare.org
Where can I find the form 990 for Hartford Healthcare Corporation?
Hartford Healthcare Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hartfordhealthcare.org
Learn more at the official website: www.hartfordhealthcare.org
Mission Statement of Hartford Healthcare Corporation
Hartford HealthCare Corporation, a leading health care delivery system, is dedicated to enhancing the health and healing of the individuals and communities it serves. With a mission deeply rooted in compassion and care, the organization operates as the supporting body of several tax-exempt entities, including hospitals and health care providers. These entities collaborate to provide high-quality, coordinated care in various specialties, including oncology, neuroscience, orthopedics, and urology.
Hartford HealthCare's extensive network encompasses four community hospitals, two acute care and one tertiary-care teaching hospital, a large multispecialty physician group, a regional home care system, an array of senior care services, a large physical therapy and rehabilitation network, and an accountable care organization. By integrating care and increasing access to advanced services, the organization offers patients the most technically advanced and compassionate care.
Hartford HealthCare's institute model provides clinical support, research, and education for their patients, physicians, and communities. The organization's collaboration with its supported organizations ensures the delivery of high-quality, efficient health care, with a focus on community benefit and improving the future of health care. Hartford HealthCare's commitment to community health and wellness is demonstrated through its systematic, data-driven approach to community health needs assessments and its efforts to reduce health disparities and increase diversity at leadership levels.
Through its institutes and community-based initiatives, Hartford HealthCare strives to create a shared understanding of community challenges, gather essential data, and prioritize collaborative efforts to improve health outcomes. The organization's regional approach to community health improvement fosters a greater sense of team and purpose, ensuring each region is equitably resourced and that collectively, they know and understand more about identifying community health needs and improving health equity.
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
October, 2024
Hartford Healthcare Corporation significantly impacts the health landscape of Southern New England through its comprehensive and integrated healthcare delivery system. With a mission centered on enhancing health and healing in the communities it serves, HHC comprises multiple hospitals and healthcare entities, including Hartford Hospital and several community hospitals, ensuring a broad reach and accessibility to critical medical services.
The organization serves as a vital resource in Connecticut, focusing on quality and accessibility in care. By offering a diverse array of services—from acute care and behavioral health to specialized institutes such as the Hartford HealthCare Cancer Institute and the Ayer Neuroscience Institute—HHC enhances patient outcomes and supports advanced, coordinated care. This integrated model of healthcare not only improves the efficiency and effectiveness of the services provided but also fosters an environment of compassion and community-focused care.
HHC's profound commitment to community health is exemplified through initiatives like the Community Health Needs Assessment (CHNA), which systematically identifies health challenges and priorities for local populations. By engaging community members in this process, HHC ensures that their efforts are reflective of the diverse needs within the regions they serve. Their strategies involve partnerships with other organizations to address health disparities, enhancing health equity and fostering collaboration among stakeholders.
Financially, HHC serves as a robust economic contributor to the state of Connecticut, ranking as the third-largest employer. In fiscal year 2022 alone, HHC reported approximately $342 million in community benefits, demonstrating its dedication to serving all patients, regardless of their ability to pay.
Moreover, innovative programs like the LIFE STAR critical air helicopter service highlight HHC's commitment to addressing urgent healthcare needs, providing life-saving transportation for thousands of patients over the decades.
Through these multifaceted approaches, Hartford Healthcare Corporation plays a pivotal role in advancing health outcomes, enhancing healthcare access, and enriching the quality of life for individuals and communities throughout Connecticut.
This information is meant to be a general summary of Hartford Healthcare Corporation. 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: $8,083,862
- Program Service Revenue: $760,302,234
- Gross Receipts: $787,609,380
Assets and Liabilities:
- Total Assets: $3,057,768,933
- Total Liabilities: $2,315,753,563
- Net Assets: $742,015,370
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.
System Support Svcs
Revenue
$747,940,954
ICP Program Revenue
Revenue
$13,437,052
Income From JV's
Revenue
$450,192
Ambulatory Services
Revenue
-$1,525,964
Organization Details
Founding Year
1985
Principal Officer
Jeffrey A Flaks
Website
www.hartfordhealthcare.orgNTEE Category
Code: E210 - Health
If you are a representative of Hartford Healthcare Corporation 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.