Overview
What is Montgomery Hospital?
Montgomery Hospital, situated in Philadelphia, Pennsylvania, was a nonprofit organization that primarily focused on providing acute care health services to its community. Although it has ceased operations, the organization incurred revenues and costs associated with winding down operations and the destruction of its physical plant located in Norristown. Montgomery Hospital's mission was centered around delivering essential healthcare services to its community.
Official website here: www.einstein.edu
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 82% (Three-Star out of Four Star rating)
Montgomery Hospital has achieved an 82% rating from Charity Navigator, reflecting a strong commitment to accountability and financial management. The organization has a perfect score for having a fully independent board and a robust audit and oversight committee, which indicates a high level of transparency and governance. Additionally, all required policies such as conflict of interest and whistleblower protections are in place, further enhancing trust in their operations.
The financial indicators demonstrate positive performance, particularly the program expense ratio of 85.62%, signifying that a substantial portion of their funds is utilized directly for mission-related activities. However, the liabilities to assets ratio of 59.76% suggests a notable level of debt compared to assets, which could be a potential concern for long-term sustainability.
Overall, Montgomery Hospital's strong governance practices and effective use of resources position it as a reliable nonprofit organization. While the liabilities to assets ratio may warrant attention, the organization’s overall accountability and financial health reflect positively on its operations and mission delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Montgomery Hospital legitimate?
Montgomery Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montgomery Hospital 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: $0
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Official website here: www.einstein.edu
What is the mission statement of Montgomery Hospital?
Montgomery Hospital, prior to its closure, was committed to delivering acute care health services to the community. However, due to unspecified reasons, the hospital ceased operations as an acute care facility. The organization incurred revenues and costs related to the winding down of operations and the destruction of its physical plant located in Norristown. Despite Montgomery Hospital no longer providing healthcare services, its mission, in essence, was to serve the health needs of its community.
Official website here: www.einstein.edu
Who is the CEO of Montgomery Hospital?
Dixieanne James is the Principal Officer of Montgomery Hospital. The CEO's salary of Montgomery Hospital is $0 and their total compensation is $0.
Official website here: www.einstein.edu
What is the revenue of Montgomery Hospital?
Montgomery Hospital's revenue in 2022 was $8,931,253.
Official website here: www.einstein.edu
Who are the executives of Montgomery Hospital and what are their salaries?
There 2 volunteers at Montgomery Hospital.
Here are 6 key members and their salaries (Montgomery Hospital's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $965,073
- Other: $134,358
- Compensation: $0
- Related: $672,310
- Other: $22,494
- 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.einstein.edu
Where can I find the form 990 for Montgomery Hospital?
Montgomery Hospital's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.einstein.edu
Learn more at the official website: www.einstein.edu
Mission Statement of Montgomery Hospital
Montgomery Hospital, once a pillar of health care services in the community, ceased its operations as an acute care hospital. During the wind-down period, the organization incurred revenues and costs associated with discontinuing operations and the destruction of its physical plant. Although it is no longer providing direct health services, Montgomery Hospital's past mission was to offer acute care health services to the community, ensuring the well-being of its residents.
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Impact
October, 2024
Montgomery Hospital provided essential acute care health services to the community until it ceased operations. Its presence played a crucial role in delivering healthcare to residents, ensuring access to treatment and medical support in the Norristown area. The closure of the hospital has a significant impact, as it disrupts the healthcare services available to the local population, potentially leading to increased travel for medical needs and reduced access to timely care. As operations wind down and the physical plant is dismantled, the community faces a gap in healthcare resources that could affect overall community health outcomes. The hospital's legacy continues to be felt through the services it once provided and the ongoing need for accessible healthcare in the region.
This information is meant to be a general summary of Montgomery Hospital. 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: $1,806,535
- Gross Receipts: $9,430,246
Assets and Liabilities:
- Total Assets: $21,767,085
- Total Liabilities: $15,597,785
- Net Assets: $6,169,300
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Organization Details
Founding Year
1889
Phone
(215) 456-7490Principal Officer
Dixieanne James
Main Address
5501 OLD YORK ROAD, PHILADELPHIA, PA, 19141
Website
www.einstein.eduNTEE Category
Code: E220 - Health
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