Overview
What is Virginia Mason Institute?
Virginia Mason Institute is a dedicated nonprofit organization with a mission to substantially enhance patient safety, enhance patient experiences, and optimize the quality, cost, and delivery of healthcare services. Based on the provided information, the Institute has set an ambitious goal to become a leading resource and source of inspiration for transforming healthcare and improving patient safety, patient experience, and the overall value of healthcare.
Official website here: www.virginiamasoninstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 95%
Virginia Mason Institute has received a Four-Star out of Four Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The charity's overall score reflects its commitment to transparency and effective management, particularly highlighted by a 95% accountability and finance score derived from various metrics.
The organization boasts an impressive structure, with 85% of its board members being independent, ensuring that decision-making processes are objective and focused on the mission. Furthermore, the institute has established comprehensive policies including conflict of interest and whistleblower protections, reinforcing its governance standards. Financial oversight is robust, with no material diversion of assets reported, pointing to the integrity of its financial practices.
Despite its strengths, the program expense ratio stands at 69.33%, which, while generally good, suggests there is room for improvement in allocating funds directly to program services. Overall, Virginia Mason Institute demonstrates a solid financial health and governance model, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Virginia Mason Institute legitimate?
Virginia Mason Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Mason Institute 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: $2,317,457
For more financial information, click here
Official website here: www.virginiamasoninstitute.org
What is the mission statement of Virginia Mason Institute?
Virginia Mason Institute has set a vision to become a leading resource and inspiration for transforming healthcare and enhancing patient safety, experience, and the overall quality and value of healthcare services. In line with this vision, the institution's mission is to persistently strive for the improvement of patient safety, patient experience, and the quality, cost, and delivery of healthcare services. The institute is dedicated to relentlessly pursuing these objectives, aiming to make significant contributions to the healthcare sector.
Official website here: www.virginiamasoninstitute.org
Who is the CEO of Virginia Mason Institute?
Ingrid Gerbino is the Principal Officer of Virginia Mason Institute. The CEO's salary of Virginia Mason Institute is $0 and their total compensation is $0.
Official website here: www.virginiamasoninstitute.org
What is the revenue of Virginia Mason Institute?
Virginia Mason Institute's revenue in 2022 was $2,320,072.
Official website here: www.virginiamasoninstitute.org
Who are the executives of Virginia Mason Institute and what are their salaries?
There 45 volunteers at Virginia Mason Institute.
Here are 16 key members and their salaries (Virginia Mason Institute's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $2,247,519
- Other: $21,376
- Compensation: $0
- Related: $484,800
- Other: $31,745
- Compensation: $0
- Related: $405,916
- Other: $37,627
- Compensation: $244,798
- Related: $0
- Other: $27,599
- Compensation: $235,887
- Related: $0
- Other: $8,308
- Compensation: $195,943
- Related: $0
- Other: $33,830
- Compensation: $170,825
- Related: $0
- Other: $29,353
- Compensation: $166,639
- Related: $0
- Other: $21,350
- Compensation: $162,310
- Related: $0
- Other: $32,708
- Compensation: $152,953
- Related: $0
- Other: $20,330
- 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.virginiamasoninstitute.org
Where can I find the form 990 for Virginia Mason Institute?
Virginia Mason Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.virginiamasoninstitute.org
Learn more at the official website: www.virginiamasoninstitute.org
Mission Statement of Virginia Mason Institute
Virginia Mason Institute, a leading resource in the field, is dedicated to becoming an inspiration for transforming healthcare and enhancing patient safety, experience, and the overall quality and value of healthcare services. Their mission, in pursuit of this vision, is to tirelessly strive for improvements in patient safety, patient experience, and the efficiency of healthcare delivery, while also focusing on reducing costs.
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Impact
October, 2024
Virginia Mason Institute has a profound impact on health care by relentlessly pursuing improvements in patient safety, patient experience, and the overall quality, cost, and delivery of healthcare services. Based in Seattle, WA, the institute serves as a vital resource and source of inspiration for healthcare transformation. Its comprehensive approach focuses on educating healthcare professionals and organizations, equipping them with the tools and knowledge necessary to enhance care delivery. By emphasizing the importance of patient-centered care, the institute contributes significantly to raising industry standards and fostering a culture of continuous improvement in healthcare practices.
This information is meant to be a general summary of Virginia Mason Institute. 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.
- Program Service Revenue: $2,319,408
- Gross Receipts: $2,320,072
Assets and Liabilities:
- Total Assets: $16,568,083
- Total Liabilities: $421,529
- Net Assets: $16,146,554
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRANSFORMATION SERVICE
Revenue
$1,479,121
EDUCATION SERVICES
Revenue
$840,287
Organization Details
Founding Year
2008
Phone
(206) 341-1600Principal Officer
Ingrid Gerbino
Main Address
1100 NINTH AVENUE, SEATTLE, WA, 98101
NTEE Category
Code: B99 - Education
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