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Presbyterian Medical Center Of The University Of Pennsylvania Health System

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 232810852 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Presbyterian Medical Center Of The University Of Pennsylvania Health System?

The Presbyterian Medical Center of the University of Pennsylvania Health System is an integral part of the Perelman School of Medicine, established in 1765 and recognized as the nation's oldest medical institution. This renowned center focuses on providing charitable healthcare services, encompassing three primary areas: biomedical research, education, and patient care. By combining scientific investigation with clinical expertise and compassionate care, the Presbyterian Medical Center contributes significantly to the advancement of medical knowledge and the well-being of the community.


Official website here: www.pennmedicine.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

Presbyterian Medical Center of the University of Pennsylvania Health System has achieved a high rating indicative of strong performance in accountability and finance. With a score of 96%, the organization demonstrates transparency and effective management of resources. The majority of its board members are independent, which contributes to effective governance and oversight.

The financial efficiency of the organization is notable, with a program expense ratio of 92.10%, meaning that a significant portion of its expenditures directly supports its programs. Additionally, the organization has established robust policies and practices, including conflict of interest and whistleblower protections, which enhance its credibility and ethical standards.

While the organization exhibits numerous strengths, potential donors and stakeholders should remain aware of the broader context surrounding healthcare nonprofits, including challenges faced in meeting the diverse needs of patients. Overall, the Presbyterian Medical Center stands out as a well-managed entity with a commitment to accountability and community service.


This AI summary has been generated from information found on Charity Navigator.

Is Presbyterian Medical Center Of The University Of Pennsylvania Health System legitimate?

Presbyterian Medical Center Of The University Of Pennsylvania Health System is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presbyterian Medical Center Of The University Of Pennsylvania 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: $1,525,556
Professional Fundraising Fees: $0
Other Salaries and Wages: $368,509,877

For more financial information, click here


Official website here: www.pennmedicine.org

What is the mission statement of Presbyterian Medical Center Of The University Of Pennsylvania Health System?

The Presbyterian Medical Center, which is part of the University of Pennsylvania Health System, is dedicated to providing charitable healthcare services. Established in 1765, the Perelman School of Medicine at the University of Pennsylvania is where the medical center originated. It is now a prominent institution for biomedical research, education, and patient care in the United States. The Perelman School of Medicine's rich history and ongoing commitment to scientific advancement and healthcare delivery make it a significant contributor to the medical field. With a focus on research, education, and patient care, the Presbyterian Medical Center plays an essential role in improving health outcomes and advancing medical knowledge.


Official website here: www.pennmedicine.org

Who is the CEO of Presbyterian Medical Center Of The University Of Pennsylvania Health System?

Michele Volpe is the Principal Officer of Presbyterian Medical Center Of The University Of Pennsylvania Health System. The CEO's salary of Presbyterian Medical Center Of The University Of Pennsylvania Health System is $0 and their total compensation is $1,035,630.


Official website here: www.pennmedicine.org

What is the revenue of Presbyterian Medical Center Of The University Of Pennsylvania Health System?

Presbyterian Medical Center Of The University Of Pennsylvania Health System's revenue in 2022 was $1,144,236,840.


Official website here: www.pennmedicine.org

Who are the executives of Presbyterian Medical Center Of The University Of Pennsylvania Health System and what are their salaries?

The average compensation at Presbyterian Medical Center Of The University Of Pennsylvania Health System during 2022 was $72,928. There are 5074 employees and 17 volunteers at Presbyterian Medical Center Of The University Of Pennsylvania Health System.


Here are 18 key members and their salaries (Presbyterian Medical Center Of The University Of Pennsylvania Health System's CEO's salary is $0 and their total compensation is $1,035,630):


Kevin B Mahoney (Ex-Officio Member)
  • Compensation: $0
  • Related: $2,459,636
  • Other: $405,970
Philip A Okala (Ex-Officio Member)
  • Compensation: $0
  • Related: $1,784,108
  • Other: $213,145
Keith Kasper (Controller; Ex-Officio Member)
  • Compensation: $0
  • Related: $1,593,071
  • Other: $205,876
Michele M Volpe (Ceo; Ex-Officio Member)
  • Compensation: $0
  • Related: $1,023,624
  • Other: $12,006
James Ballinghoff Rn Msn Mba (Board Member; Cno)
  • Compensation: $413,085
  • Related: $0
  • Other: $11,908
Anthony Zumpano (Asst. Controller & Secretary)
  • Compensation: $389,213
  • Related: $0
  • Other: $17,871
Jack Ende Md (Board Member)
  • Compensation: $0
  • Related: $344,404
  • Other: $42,928
Robert J Russel Mpa Nha Fache (Asscociate Executive Director)
  • Compensation: $330,260
  • Related: $0
  • Other: $20,288
S Siu Md (Physician Advisor)
  • Compensation: $317,381
  • Related: $0
  • Other: $20,234
Kimberly A Deppert (Assoc. Exec. Dir. Card Srvcs)
  • Compensation: $308,695
  • Related: $0
  • Other: $13,258
George Iyoob (Clinical Director)
  • Compensation: $283,506
  • Related: $0
  • Other: $27,590
Gene Gofman Mba (Assc Chief Financial Officer)
  • Compensation: $261,150
  • Related: $0
  • Other: $28,368
Nishaminy Kasbekar (Chief Pharmacy Officer)
  • Compensation: $251,674
  • Related: $0
  • Other: $28,280
Margorie Michele (Chief Hr Officer)
  • Compensation: $248,217
  • Related: $0
  • Other: $31,177
Annemarie Walter (Asst. Secretary)
  • Compensation: $0
  • Related: $52,866
  • Other: $3,029
Ann Conlin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clare D'Agostino Esq (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Dr William J Shaw (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pennmedicine.org

Where can I find the form 990 for Presbyterian Medical Center Of The University Of Pennsylvania Health System?

Presbyterian Medical Center Of The University Of Pennsylvania Health System's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pennmedicine.org

Learn more at the official website: www.pennmedicine.org

Mission Statement of Presbyterian Medical Center Of The University Of Pennsylvania Health System

Presbyterian Medical Center of the University of Pennsylvania Health System, established in 1765, is a leading institution in the field of medical research, education, and patient care. Known as the Perelman School of Medicine at the University of Pennsylvania, this historic organization has been shaping the medical landscape for centuries.

Today, this esteemed nonprofit is renowned as a major hub for biomedical advancements, attracting researchers, students, and patients from around the world. Its mission is to provide charitable healthcare services, building upon its rich legacy to make a difference in people's lives.

The Perelman School of Medicine is a vibrant community of scholars, scientists, and healthcare professionals dedicated to pushing the boundaries of medical knowledge and improving patient outcomes. It fosters an environment of innovation and collaboration, where the latest discoveries in medicine are translated into clinical applications. Through its rigorous academic programs, the institution prepares the next generation of medical leaders, ensuring they are well-equipped to tackle the challenges of the ever-evolving healthcare landscape.

Additionally, the organization is deeply committed to delivering compassionate care to those in need. Its patient-centered approach ensures that every individual receives personalized attention and treatment, with a focus on their unique health concerns. By combining its groundbreaking research and cutting-edge education with a deep sense of compassion and dedication, Presbyterian Medical Center of the University of Pennsylvania Health System continues to shape the future of medicine.

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Impact




October, 2024

Presbyterian Medical Center of the University of Pennsylvania Health System plays a crucial role in advancing healthcare in Philadelphia and beyond. Founded in 1765, the institution is deeply rooted in a tradition of excellence, being closely associated with the Perelman School of Medicine, the oldest medical school in the United States. This connection enhances its capabilities in providing high-quality, cutting-edge medical care, and it fosters a robust environment for biomedical research and education.

The center excels in offering charitable healthcare services, addressing the needs of diverse populations and ensuring that quality care reaches those who may otherwise be underserved. Its commitment to patient care is reflected in various specialized programs and community health initiatives. By integrating education, research, and clinical practice, Presbyterian Medical Center not only improves patient outcomes but also contributes to the overall health landscape of the region, setting a standard for medical excellence and innovation.

Moreover, its influence extends into the realm of medical education, where it trains the next generation of healthcare professionals. This not only ensures a steady pipeline of skilled practitioners but also encourages a culture of continuous learning and improvement within the healthcare system.

In summary, Presbyterian Medical Center is a pivotal institution that enhances health services in Philadelphia through its dedication to patient care, research, and education, ultimately leaving a significant impact on community health and the broader medical field.




This information is meant to be a general summary of Presbyterian Medical Center Of The University Of Pennsylvania 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.

Revenue
$1,144,236,840 (2022)
Expenses
$1,095,515,650 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,305,916
  • Program Service Revenue: $1,084,540,232
  • Gross Receipts: $1,144,236,840

Assets and Liabilities:

  • Total Assets: $931,405,283
  • Total Liabilities: $284,795,533
  • Net Assets: $646,609,750

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

NET PATIENT SERVICE REVENUES

Revenue

$927,522,627

MEDICAL SUPPLIES/DRUG SALES

Revenue

$157,017,605

Organization Details

Founding Year

1995

Principal Officer

Michele Volpe

Main Address

51 NORTH 39TH STREET, PHILADELPHIA, PA, 191042640

NTEE Category

Code: E220 - Health

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