Overview
What is Mohawk Valley Health System?
Mohawk Valley Health System is a nonprofit organization based in Utica, New York. Their primary mission is to enhance the quality of healthcare services delivered by their hospitals and affiliated tax-exempt healthcare providers. They aim to avoid redundancy and promote economies of scale. The organization's goal is to provide excellent healthcare for their communities, as stated in their description and mission.
Official website here: www.mvhealthsystem.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
Mohawk Valley Health System has achieved an 86% rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization boasts a large majority of independent board members (88%), and maintains robust financial oversight with no material diversions of assets. The program expense ratio stands impressively at 96.97%, reflecting a commitment to using funds for its core mission rather than administrative costs.
The organization has established solid governance policies, including conflict of interest and whistleblower policies, which contribute to its transparency and accountability. Additionally, there are no loans to or from officers, and the organization excels in fundraising efficiency. The working capital ratio of 22.73 years suggests a strong financial buffer, allowing for sustainability in operations.
However, the liabilities to assets ratio of 48.60% might raise some concerns regarding financial leverage. The salary of key personnel is notably high, which could be a point of contention among donors and stakeholders who prioritize maximizing programmatic impact over administrative costs. Overall, while Mohawk Valley Health System shows strong financial health and governance, attention to executive compensation in relation to service delivery may enhance its standing among supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Mohawk Valley Health System legitimate?
Mohawk Valley Health System is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mohawk Valley Health System 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,882,680
For more financial information, click here
Official website here: www.mvhealthsystem.org
What is the mission statement of Mohawk Valley Health System?
Mohawk Valley Health System is dedicated to delivering top-notch healthcare services to its communities. Its mission is geared towards enhancing the quality of healthcare provided by its hospitals and tax-exempt affiliates, which are healthcare providers. By doing so, the system aims to prevent duplication of efforts and foster economies of scale. The organization strives to improve the overall healthcare experience for individuals, ensuring they receive the best possible care. Its efforts are focused on enhancing the effectiveness and efficiency of healthcare services, ultimately leading to better health outcomes for all.
Official website here: www.mvhealthsystem.org
Who is the CEO of Mohawk Valley Health System?
Louis Aiello is the President/Ceo of Mohawk Valley Health System. The CEO's salary of Mohawk Valley Health System is $0 and their total compensation is $1,207,286.
Official website here: www.mvhealthsystem.org
What is the revenue of Mohawk Valley Health System?
Mohawk Valley Health System's revenue in 2022 was $104,558,940.
Official website here: www.mvhealthsystem.org
Who are the executives of Mohawk Valley Health System and what are their salaries?
Here are 23 key members and their salaries (Mohawk Valley Health System's CEO's salary is $0 and their total compensation is $1,207,286):
- Compensation: $0
- Related: $1,183,762
- Other: $23,524
- Compensation: $0
- Related: $687,154
- Other: $29,549
- Compensation: $0
- Related: $633,862
- Other: $13,488
- Compensation: $0
- Related: $596,869
- Other: $31,112
- Compensation: $0
- Related: $466,597
- Other: $29,153
- Compensation: $0
- Related: $281,019
- Other: $4,904
- Compensation: $0
- Related: $128,463
- Other: $4,654
- Compensation: $0
- Related: $50,504
- 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.mvhealthsystem.org
Where can I find the form 990 for Mohawk Valley Health System?
Mohawk Valley Health System's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mvhealthsystem.org
Learn more at the official website: www.mvhealthsystem.org
Mission Statement of Mohawk Valley Health System
Mohawk Valley Health System, with its mission to provide excellence in healthcare for communities, strives to improve the quality of services delivered by its hospitals and other tax-exempt affiliates that function as healthcare providers. By avoiding duplication of effort and fostering economies of scale, this nonprofit organization ensures that it makes a significant impact on the health and wellbeing of the populations it serves.
In essence, Mohawk Valley Health System is dedicated to offering top-notch healthcare services to the communities it caters to. Its mission transcends mere provision of healthcare; it aspires to ensure that the healthcare services it offers are of the highest possible standard. Furthermore, the nonprofit endeavors to collaborate with its hospitals and affiliates in a way that aids in the efficient delivery of healthcare services and prevents unnecessary redundancy.
By focusing on excellence in healthcare, Mohawk Valley Health System sets itself apart as a trusted and effective healthcare provider. Its commitment to the communities it serves is evident in its efforts to improve the quality of services and foster economies of scale within the healthcare sector. Through its mission, the organization plays a vital role in ensuring that the individuals it serves have access to the best possible healthcare, ultimately contributing to better health outcomes and overall community wellbeing.
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Impact
October, 2024
Mohawk Valley Health System plays a crucial role in enhancing healthcare quality for communities in and around Utica, NY. By focusing on excellence in healthcare delivery, they work to improve the services provided by hospitals and affiliated healthcare providers. Their commitment to avoiding duplication of efforts fosters collaboration, which helps to create economies of scale that ultimately benefit patients and the local healthcare system. Through these efforts, Mohawk Valley Health System contributes significantly to the overall health and well-being of the communities they serve.
This information is meant to be a general summary of Mohawk Valley Health System. 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: $67,241
- Program Service Revenue: $11,924,610
- Gross Receipts: $104,558,940
Assets and Liabilities:
- Total Assets: $627,584,604
- Total Liabilities: $305,012,100
- Net Assets: $322,572,504
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTNERSHIP INTEREST, CMIC
Revenue
$4,263
SR. NETWORK HEALTH, LLC
Revenue
$11,920,347
Organization Details
Founding Year
1991
Phone
(315) 624-6143Principal Officer
Louis Aiello
Main Address
PO Box 4308, Utica, NY, 135044308
Website
www.mvhealthsystem.orgNTEE Category
Code: E21 - Health
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