Overview
What is Lake Pointe Operating Company Llc?
Lake Pointe Operating Company Llc, doing business as Baylor Scott & White Medical Center-Lake Pointe, is a faith-based, nonprofit organization located in Dallas, Texas. Established in 1987, it has grown to become a 176-bed acute care hospital providing comprehensive healthcare services to the communities of Forney, Greenville, Rockwall, Rowlett, and Wylie. The hospital, which began operations as a tax-exempt nonprofit in 2019, is affiliated with Baylor Scott & White Health (BSWH), a prominent healthcare network in North and Central Texas. With over 978 employees, BSW Lake Pointe offers a wide range of medical specialties and services, including emergency care, intensive care, women's services, and pediatric care. During the fiscal year, the hospital admitted 9,094 patients and provided community benefits totaling approximately $40.7 million. BSW Lake Pointe is dedicated to promoting the health and well-being of individuals, families, and communities in accordance with its Christian mission.
Official website here: www.bswhealth.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Lake Pointe Operating Company LLC has achieved an impressive 96% rating from Charity Navigator, indicative of a strong commitment to accountability and financial health. This rating is derived solely from their Accountability & Finance score, showcasing their effective management of resources and transparency. The organization has demonstrated exceptional practices, such as ensuring that 80% of its board members are independent and maintaining a robust oversight committee.
Strengths highlighted in the evaluation include a clean record with no material diversion of assets and a solid program expense ratio of 86.64%, meaning a significant portion of their funding is directed toward their mission. The comprehensive policies in place, including conflict of interest, whistleblower, and document retention policies, further exemplify their dedication to ethical governance and operational integrity.
While the nonprofit excels in accountability and finance, the summary does not detail their specific programmatic impacts or community engagement, which could provide a more rounded understanding of their overall effectiveness. Nevertheless, the high rating and strong governance practices position Lake Pointe Operating Company LLC as a trustworthy organization within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Pointe Operating Company Llc legitimate?
Lake Pointe Operating Company Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Pointe Operating Company Llc 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: $1,884,507
Professional Fundraising Fees: $0
Other Salaries and Wages: $61,793,870
For more financial information, click here
Official website here: www.bswhealth.com
What is the mission statement of Lake Pointe Operating Company Llc?
Lake Pointe Operating Company Llc, also known as Baylor Scott & White Medical Center, is a faith-based, nonprofit hospital dedicated to delivering exceptional patient care services in Texas. Founded as a Christian ministry of healing, the organization is part of Baylor Scott & White Health, a renowned network of hospitals and healthcare entities. With over 1,200 patient access points across Texas, including hospitals, clinics, and ambulatory surgery centers, the system offers a wide range of medical specialties and services. The mission of Lake Pointe Operating Company Llc is to promote the well-being of all individuals, families, and communities through its patient care services. The hospital provides access to various departments, such as emergency care, intensive care, women's services, and diagnostic imaging, among others. The organization also invests in community benefits, amounting to millions of dollars annually, ensuring the health and well-being of the communities it serves.
Official website here: www.bswhealth.com
Who is the CEO of Lake Pointe Operating Company Llc?
Donas Cole is the President/Ceo of Lake Pointe Operating Company Llc. The CEO's salary of Lake Pointe Operating Company Llc is $540,597 and their total compensation is $689,922.
Official website here: www.bswhealth.com
What is the revenue of Lake Pointe Operating Company Llc?
Lake Pointe Operating Company Llc's revenue in 2022 was $257,913,706.
Official website here: www.bswhealth.com
Who are the executives of Lake Pointe Operating Company Llc and what are their salaries?
The average compensation at Lake Pointe Operating Company Llc during 2022 was $65,111. There are 978 employees and 35 volunteers at Lake Pointe Operating Company Llc.
Here are 24 key members and their salaries (Lake Pointe Operating Company Llc's CEO's salary is $540,597 and their total compensation is $689,922):
- Compensation: $0
- Related: $1,169,406
- Other: $248,474
- Compensation: $540,597
- Related: $0
- Other: $149,325
- Compensation: $0
- Related: $516,517
- Other: $38,357
- Compensation: $0
- Related: $489,639
- Other: $41,766
- Compensation: $0
- Related: $374,172
- Other: $67,603
- Compensation: $0
- Related: $385,479
- Other: $39,632
- Compensation: $276,083
- Related: $0
- Other: $40,639
- Compensation: $275,458
- Related: $0
- Other: $1,031
- Compensation: $240,118
- Related: $0
- Other: $32,802
- Compensation: $114,280
- Related: $85,804
- Other: $28,702
- Compensation: $54,875
- Related: $144,423
- Other: $22,238
- Compensation: $176,562
- Related: $0
- Other: $30,795
- Compensation: $27,934
- Related: $169,487
- Other: $7,823
- Compensation: $176,721
- Related: $0
- Other: $19,307
- Compensation: $188,247
- Related: $0
- Other: $858
- 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.bswhealth.com
Where can I find the form 990 for Lake Pointe Operating Company Llc?
Lake Pointe Operating Company Llc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bswhealth.com
Learn more at the official website: www.bswhealth.com
Mission Statement of Lake Pointe Operating Company Llc
Lake Pointe Operating Company Llc, also known as Baylor Scott & White Medical Center, is a faith-based, nonprofit healthcare organization delivering exceptional patient care services in Texas and its surrounding communities. Established as a Christian ministry of healing, this acute care hospital has been committed to promoting the well-being of individuals, families, and communities since its inception in 1987.
Baylor Scott & White Health (BSWH), the parent organization of Lake Pointe Operating Company, is a renowned, nationally acclaimed network of healthcare entities, boasting over 1,200 patient access points across Texas. These access points include 51 hospitals, 590 specialty care clinics, 254 outpatient clinics, 158 primary care clinics, 32 pharmacies, 30 ambulatory surgery centers, and more than 7,000 active physicians.
Lake Pointe Operating Company provides a comprehensive range of medical specialties and services to cater to the diverse health needs of its community. These services include a Fast-Track Emergency Department, intensive care unit, women's services, Level III obstetric and maternity care, Level II NICU, interventional cardiology, diagnostic imaging, robotic-assisted surgery, orthopedics, vascular surgery, neurosurgery, urology, and advanced cardiovascular healthcare.
The hospital's mission is reflected in its daily operations, which go beyond providing medical care to include medical education, medical research, and community services. During the fiscal year, Lake Pointe Operating Company admitted 9,094 patients, delivered 2,047 babies, and received 62,667 emergency department visits. Additionally, the organization reported community benefits totaling $40,752,022 during the tax year, as reported to both the Texas Department of State Health Services and the Internal Revenue Service.
By offering a wide range of medical care and community services, Lake Pointe Operating Company demonstrates its unwavering commitment to the health and well-being of its community members. Through its faith-based approach, the organization strives to make a difference in the lives of those it serves, going beyond the scope of traditional healthcare to prioritize the overall well-being of individuals and families.
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Impact
October, 2024
Lake Pointe Operating Company LLC plays a pivotal role in enhancing healthcare access and quality for residents in Rowlett, Texas, Rockwall County, and the surrounding areas. As a 176-bed acute care facility, the hospital offers a comprehensive range of services including emergency care, intensive care, maternity services, and advanced surgical procedures, assisting over 9,000 patients annually.
The hospital is a critical player in community health, addressing local medical needs with specialized services such as interventional cardiology and neurosurgery. Its emergency department alone handled over 62,000 visits, underscoring the facility's importance as a healthcare resource in times of crisis.
The organization also emphasizes medical education and research, aligning with Baylor Scott & White Health's broader mission to deliver exemplary patient care and innovation in healthcare practices. Through its affiliation with this extensive network, Lake Pointe integrates community service into its operations, fostering a collaborative approach to health improvement.
Financially, Lake Pointe demonstrates a strong commitment to community well-being by reporting substantial community benefits, including significant contributions to services that support vulnerable populations. This includes unreimbursed Medicare costs and charity care, which collectively amount to millions annually.
In summary, Lake Pointe Operating Company LLC significantly impacts the communities it serves by providing essential health services, fostering education, and delivering substantial community support, ultimately promoting the overall well-being of individuals and families in the region.
This information is meant to be a general summary of Lake Pointe Operating Company Llc. 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: $4,890,927
- Program Service Revenue: $251,075,635
- Gross Receipts: $296,721,072
Assets and Liabilities:
- Total Assets: $409,613,860
- Total Liabilities: $56,256,076
- Net Assets: $353,357,784
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Patient Care
Revenue
$250,165,607
Shared Savings
Revenue
$855,618
Rent
Revenue
$53,200
Settlement payment
Revenue
$1,210
Organization Details
Founding Year
2007
Phone
(214) 820-4135Principal Officer
Donas Cole
Main Address
301 N Washington Avenue, Dallas, TX, 75246
Website
www.bswhealth.comNTEE Category
Code: E22 - Health
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