Overview
What is Hoag Clinic?
Hoag Clinic is a nonprofit organization located in Newport Beach, California. Their mission is to ensure the continuous availability of healthcare services for all and promote community education to healthcare professionals. Hoag Clinic operates various outpatient healthcare facilities, providing a wide range of medical specialties including internal medicine, family practice, pediatrics, concierge medicine, obstetrics and gynecology, urgent care, oncology, and many others. They also run educational facilities that conduct health education activities, and engage in programs designed to meet the health, education, and social needs of the public. In 2022, Hoag Clinic offered primary care services, obstetrics and gynecology, and various other healthcare specialties.
Official website here: www.none
What are the reviews and ratings of this charity?
90% - This charity's score is 90%, earning it a Four-Star out of Four Star rating.
Hoag Clinic has demonstrated strong performance in accountability and finance, which is reflected in its 90% score in these areas. The organization boasts a majority of independent board members and has a well-structured board, which enhances its governance. Additionally, it has effective financial oversight mechanisms, including an audit committee, and adheres to policies that promote transparency and ethical conduct.
However, one area for improvement identified is the liabilities to assets ratio, which stands at 57.67%. While this metric does not diminish the overall strong financial position of the organization, it suggests that there may be room for better management of liabilities relative to its assets. Nonetheless, the clinic's high program expense ratio of 87.84% indicates a strong commitment to its mission and effective use of funds for direct programming.
This AI summary has been generated from information found on Charity Navigator.
Is Hoag Clinic legitimate?
Hoag Clinic is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hoag Clinic 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: $2,223,190
Professional Fundraising Fees: $0
Other Salaries and Wages: $98,220,667
For more financial information, click here
Official website here: www.none
What is the mission statement of Hoag Clinic?
Hoag Clinic's mission revolves around ensuring the continued availability of healthcare services for all individuals and providing education to healthcare professionals. The organization operates multispecialty medical clinics and other healthcare facilities, as well as educational facilities that conduct health education and engage in programs aimed at addressing the health, education, and social needs of the general public. Hoag Clinic offered primary care services, concierge medicine, obstetrics and gynecology, urgent care, oncology, and numerous other specialties in 2022.
Official website here: www.none
Who is the CEO of Hoag Clinic?
Robert Braithwaite is the CEO of Hoag Clinic The CEO's salary of Hoag Clinic is $0 and their total compensation is $2,285,373.
Official website here: www.none
What is the revenue of Hoag Clinic?
Hoag Clinic's revenue in 2023 was $325,304,223.
Official website here: www.none
Who are the executives of Hoag Clinic and what are their salaries?
There 17 volunteers at Hoag Clinic.
Here are 30 key members and their salaries (Hoag Clinic's CEO's salary is $0 and their total compensation is $2,285,373):
- Compensation: $0
- Related: $2,233,775
- Other: $51,598
- Compensation: $0
- Related: $590,833
- Other: $41,085
- Compensation: $221,494
- 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
- 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
- Compensation: $0
- Related: $1,122,664
- Other: $48,127
- Compensation: $0
- Related: $570,770
- Other: $52,832
- Compensation: $0
- Related: $393,713
- Other: $45,655
- Compensation: $0
- Related: $404,499
- Other: $39,727
- Compensation: $0
- Related: $580,347
- Other: $64,850
- Compensation: $0
- Related: $348,986
- Other: $26,334
- Compensation: $0
- Related: $257,336
- Other: $30,945
- Compensation: $0
- Related: $317,733
- Other: $15,860
- Compensation: $0
- Related: $250,423
- Other: $12,496
- Compensation: $0
- Related: $246,320
- Other: $38,419
Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Hoag Clinic
Hoag Clinic, a renowned nonprofit organization, is dedicated to promoting the continued availability of healthcare services for all individuals and providing community education to healthcare professionals. This mission is twofold; firstly, Hoag Clinic establishes, operates, and maintains charitable and educational purposes, primarily focusing on multispecialty medical clinics and other outpatient healthcare facilities. Secondly, they operate educational facilities that conduct health education activities and engage in programs and initiatives designed to meet the health, education, and social needs of the general public.
In practical terms, Hoag Clinic provides a wide range of healthcare services to cater to various health concerns. These services encompass primary care, including internal medicine, family practice, pediatrics, concierge medicine, obstetrics and gynecology, urgent care, oncology, and many other specialties. Hoag Clinic's commitment to healthcare extends beyond treating patients; they are dedicated to educating healthcare professionals to enhance the overall quality of care.
Moreover, Hoag Clinic's mission is not limited to the clinical aspect of healthcare. They recognize the importance of addressing the social needs of the community and provide educational resources to promote health and well-being. By offering these services and resources, Hoag Clinic remains at the forefront of improving the health and wellness of the individuals they serve.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Hoag Clinic significantly enhances the healthcare landscape by ensuring the availability of essential health services to all individuals. Its multifaceted approach includes the establishment and maintenance of multispecialty medical and outpatient clinics, aimed at delivering comprehensive healthcare, from primary care to specialized fields such as oncology and women's health.
In 2022, Hoag Clinic directly impacted the community by offering a wide range of services including internal medicine, family practice, pediatrics, concierge medicine, obstetrics and gynecology, and urgent care. By catering to diverse medical needs, Hoag Clinic promotes overall community health and well-being.
Additionally, Hoag Clinic emphasizes education, providing resources and training to healthcare professionals. This focus on community education not only enhances the capabilities of local providers but also empowers the general public to make informed health decisions. Clinical research conducted by Hoag Clinic further supports innovation and improvement in healthcare delivery, contributing to the advancement of medical practices.
In sum, Hoag Clinic plays a vital role in promoting health access, education, and research, ultimately enriching the health services available in Newport Beach and surrounding areas.
This information is meant to be a general summary of Hoag Clinic. 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 2023.
- Investment Income: $1,548,410
- Program Service Revenue: $315,451,287
- Gross Receipts: $325,304,223
Assets and Liabilities:
- Total Assets: $211,845,301
- Total Liabilities: $122,185,548
- Net Assets: $89,659,753
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICES
Revenue
$188,981,359
HMO CAPITATED PAYMENTS
Revenue
$122,435,858
QUALITY REVENUE
Revenue
$2,828,080
RESEARCH GRANT REVENUE
Revenue
$770,000
RENTAL INCOME
Revenue
$435,990
Organization Details
If you are a representative of Hoag Clinic and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.