Overview
What is Nazareth Hospital?
Nazareth Hospital, based in Newtown Square, Pennsylvania, has been serving Northeast Philadelphia and the surrounding region for over 70 years. With over 100 inpatient beds and a host of outpatient services, the hospital offers diagnostic, medical, surgical, and therapeutic care using state-of-the-art technology. The organization, which employs more than 1,200 staff members and 350 physicians and specialists, is dedicated to treating patients and their families with respect, compassion, and excellent healthcare services. Nazareth Hospital provides free care and subsidizes the care of Medicare and Medicaid patients, while also sponsoring community programs. These initiatives include wellness programs, community education, and support for the elderly, disabled, medically underserved, and various community activities. The hospital offers a wide range of services, including inpatient and outpatient care, 24-hour emergency care, surgical services, cancer care, stroke care, and knee and hip replacement, among others. In FY22, Nazareth Hospital provided 40,620 patient days of healthcare services to the community. The hospital is a part of Trinity Health of the Mid-Atlantic Region and Trinity Health.
Official website here: www.trinityhealthma.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
Nazareth Hospital has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization scored 83% overall, with its score derived completely from its accountability and finance metrics. This strong score reflects the hospital's commitment to transparency and effective management of its financial resources.
The hospital showcases several strengths, including a high percentage of independent board members (71%) and a robust independent board size of ten members. Additionally, it has achieved full marks in several governance areas, such as its audit and oversight committee, conflict of interest policy, and whistleblower policy, all highlighting strong organizational practices.
However, there are some areas of concern, notably the liabilities to assets ratio, which stands at 66.98%. This metric suggests that the hospital may face a considerable amount of liabilities relative to its assets, which could impact financial stability. Despite this, the program expense ratio of 84.48% indicates a significant portion of its resources is directed towards mission-related activities. Overall, Nazareth Hospital demonstrates a commitment to ethical oversight, though it may need to address its financial ratios for long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Nazareth Hospital legitimate?
Nazareth Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nazareth 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: $913,309
Professional Fundraising Fees: $0
Other Salaries and Wages: $64,390,967
For more financial information, click here
Official website here: www.trinityhealthma.org
What is the mission statement of Nazareth Hospital?
Nazareth Hospital is a healthcare provider dedicated to serving communities with compassion and transformative healing. As part of Trinity Health of the Mid-Atlantic Region and Trinity Health, the hospital operates in accordance with the spiritual values of the gospel. Nazareth Hospital has over 70 years of experience in delivering diagnostic, medical, surgical, and therapeutic care using state-of-the-art technology. The hospital's committed team of over 1,200 employees and 350 physicians and specialists provide care to patients and their families with respect and compassion. Nazareth Hospital offers a wide range of services including wellness programs, community education, and specialized care for the elderly, disabled, and medically underserved. In the previous fiscal year, the hospital provided 40,620 patient days of healthcare services.
Official website here: www.trinityhealthma.org
Who is the CEO of Nazareth Hospital?
Michael Magro is the President of Nazareth Hospital. The CEO's salary of Nazareth Hospital is $0 and their total compensation is $1,319,466.
Official website here: www.trinityhealthma.org
What is the revenue of Nazareth Hospital?
Nazareth Hospital's revenue in 2022 was $170,013,992.
Official website here: www.trinityhealthma.org
Who are the executives of Nazareth Hospital and what are their salaries?
The average compensation at Nazareth Hospital during 2022 was $48,231. There are 1354 employees and 20 volunteers at Nazareth Hospital.
Here are 28 key members and their salaries (Nazareth Hospital's CEO's salary is $0 and their total compensation is $1,319,466):
- Compensation: $0
- Related: $1,250,608
- Other: $68,858
- Compensation: $0
- Related: $859,042
- Other: $205,061
- Compensation: $0
- Related: $501,770
- Other: $83,011
- Compensation: $0
- Related: $475,708
- Other: $107,270
- Compensation: $0
- Related: $458,309
- Other: $94,860
- Compensation: $374,414
- Related: $0
- Other: $39,708
- Compensation: $0
- Related: $365,572
- Other: $41,409
- Compensation: $306,974
- Related: $0
- Other: $46,308
- Compensation: $305,684
- Related: $0
- Other: $46,054
- Compensation: $304,861
- Related: $0
- Other: $18,203
- Compensation: $225,468
- Related: $0
- Other: $38,263
- Compensation: $185,897
- Related: $0
- Other: $23,402
- Compensation: $0
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Official website here: www.trinityhealthma.org
Where can I find the form 990 for Nazareth Hospital?
Nazareth Hospital's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.trinityhealthma.org
Learn more at the official website: www.trinityhealthma.org
Mission Statement of Nazareth Hospital
Nazareth Hospital, a compassionate and transforming healing presence within the community, is on a mission to provide exceptional healthcare services. As part of Trinity Health of the Mid-Atlantic Region and Trinity Health, the hospital serves with the spirit of the gospel, treating patients and their families with respect and compassion.
For over seven decades, Nazareth Hospital has been a pillar of Northeast Philadelphia, offering outstanding diagnostic, medical, surgical, and therapeutic care with state-of-the-art technology. With a team of more than 1,200 employees and 350 physicians and specialists, the hospital is dedicated to responding to the changing needs of the community. Nazareth Hospital extends its services beyond inpatient care, embracing a full range of outpatient services and 24-hour emergency care.
The dedicated team at Nazareth Hospital goes above and beyond, providing free care and subsidizing the care of Medicaid and Medicare patients when government reimbursements fall below cost. In line with their commitment to the community, the hospital sponsors health programs and activities. These initiatives encompass wellness programs, community education programs, special programs for the elderly, disabled, medically underserved, and a variety of broad community support activities. In FY22, Nazareth Hospital provided 40,620 patient days of healthcare services to the community.
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Impact
October, 2024
Nazareth Hospital has significantly impacted Northeast Philadelphia and the surrounding region by providing vital healthcare and hospital services for over 70 years. With more than 100 inpatient beds and a comprehensive range of outpatient services, the hospital offers exceptional diagnostic, medical, surgical, and therapeutic care utilizing state-of-the-art technology.
The commitment of over 1,200 employees and 350 physicians ensures that patients and their families are treated with respect and compassion, addressing the evolving health needs of the community. Notably, Nazareth Hospital plays a crucial role in offering free care, subsidizing services for Medicare and Medicaid patients whose government reimbursements fall short, and supporting diverse health programs aimed at enhancing community wellness.
Services include 24-hour emergency care, surgical services, cancer care, stroke care, and specialized treatments like knee and hip replacements. In FY22 alone, the hospital provided 40,620 patient days of healthcare services, reflecting its unwavering dedication to the health and well-being of the community. Through its programs and initiatives, Nazareth Hospital remains a cornerstone of support for the medically underserved, the elderly, and individuals with disabilities, reinforcing its status as a transformative healing presence in the community.
This information is meant to be a general summary of Nazareth 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: -$20,554
- Program Service Revenue: $167,131,604
- Gross Receipts: $170,034,546
Assets and Liabilities:
- Total Assets: $76,611,103
- Total Liabilities: $37,916,319
- Net Assets: $38,694,784
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE REVENUE
Revenue
$167,131,604
Organization Details
Founding Year
1994
Phone
(215) 335-6000Principal Officer
Michael Magro
Main Address
3805 WEST CHESTER PIKE SUITE 100, NEWTOWN SQUARE, PA, 19073
Website
www.trinityhealthma.orgNTEE Category
Code: E220 - Health
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