nonprofit logo

The Methodist Hospitals Inc

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

EIN: 350868133 ✦ Gary, IN ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is The Methodist Hospitals Inc?

The Methodist Hospitals Inc, based in Indiana, is a renowned nonprofit healthcare organization with a commitment to serving diverse communities through high-quality services. Established since 1923, Methodist Hospitals boasts a strong reputation for excellence. Governed by a board of directors, this organization operates two full-service acute care campuses in Gary and Merrillville, with a combined bed capacity of 562, including nurseries. Methodist Hospitals offers a comprehensive range of diagnostic, therapeutic, emergency, rehabilitation, inpatient, outpatient, and ancillary services. Committed to reinvesting in the communities, they engage in charitable giving, community education programs, economic development forums, support services, and advocating for quality care for the most vulnerable populations. With a mission to provide compassionate, quality healthcare services to all, Methodist Hospitals employs over 2,000 people and is one of the top employers in northwest Indiana.


Official website here: www.methodisthospitals.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)

The Methodist Hospitals Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The rating is based entirely on a single beacon score, which emphasizes the organization's dedication to transparency, ethical governance, and effective financial management.

One of the key strengths of The Methodist Hospitals Inc is its independent board composition, with 92% of board members being independent, ensuring a balanced and impartial decision-making process. Additionally, the organization scored perfectly in various areas such as financial statements oversight, material diversion of assets, and the presence of essential policies like conflict of interest and whistleblower protection, indicating robust governance practices.

While the organization demonstrates high efficiency with a program expense ratio of 87.36%, which indicates a significant majority of funds are directed toward its mission, there are no noted limitations within the data. Overall, The Methodist Hospitals Inc stands out as a well-managed nonprofit committed to serving its community effectively.


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

Is The Methodist Hospitals Inc legitimate?

The Methodist Hospitals Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Methodist Hospitals Inc 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: $3,321,432
Professional Fundraising Fees: $0
Other Salaries and Wages: $146,921,717

For more financial information, click here


Official website here: www.methodisthospitals.org

What is the mission statement of The Methodist Hospitals Inc?

The Methodist Hospitals Inc is dedicated to providing quality healthcare services to all individuals, regardless of their race, religion, sex, national origin, disability, age, or ability to pay. As a non-profit corporation, Methodist strives to be a responsible member of its communities by reinvesting in them through charitable giving, community education programs, economic development forums, and advocacy for quality care for the most vulnerable and underserved. The organization's mission is to deliver compassionate care to those in need, and it achieves this by offering a broad range of diagnostic, therapeutic, emergency, rehabilitation, inpatient, outpatient, and ancillary services. Methodist is committed to promoting community health initiatives and serving populations with high incidents of acute illnesses. With a team of over 400 physicians representing nearly 40 medical specialties, Methodist is a top employer in the area and continues to be a leader in healthcare innovation.


Official website here: www.methodisthospitals.org

Who is the CEO of The Methodist Hospitals Inc?

Matthew Doyle is the Board Member of The Methodist Hospitals Inc. The CEO's salary of The Methodist Hospitals Inc is $651,980 and their total compensation is $670,392.


Official website here: www.methodisthospitals.org

What is the revenue of The Methodist Hospitals Inc?

The Methodist Hospitals Inc's revenue in 2022 was $448,961,964.


Official website here: www.methodisthospitals.org

Who are the executives of The Methodist Hospitals Inc and what are their salaries?

The average compensation at The Methodist Hospitals Inc during 2022 was $54,674. There are 2748 employees at The Methodist Hospitals Inc.


Here are 26 key members and their salaries (The Methodist Hospitals Inc's CEO's salary is $651,980 and their total compensation is $670,392):


Bharat H Barai Md (Board Member)
  • Compensation: $88,235
  • Related: $0
  • Other: $0
Glenn S Vician (Board Secretary)
  • Compensation: $6,500
  • Related: $0
  • Other: $0
John A Lowenstine Cpa (Board Vice-Chairman)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Mattison A Dilts (Board Treasurer)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Scott J May Cpa (Board Member)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Cheryl L Pruitt Phd (Board Member)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Shelice R Tolbert (Board Member)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Curtis A Whittaker Sr Cpa (Board Member)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Katrina Wright Md (Board Member)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Robert E Johnson Iii (Board Chairman)
  • Compensation: $5,500
  • Related: $0
  • Other: $0
Rita R Jackson (Board Member)
  • Compensation: $3,500
  • Related: $0
  • Other: $0
Scott T Ribordy (Board Member - Thru 6/22)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Marti G Lundy Phd (Board Member)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
Mamon Powers Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Doyle (President, Chief Executive Officer)
  • Compensation: $651,980
  • Related: $0
  • Other: $18,412
Lauren Trumbo Cpa (Chief Financial Officer)
  • Compensation: $305,748
  • Related: $0
  • Other: $7,401
Vincent L Sevier Md (Senior Vp, Chief Medical Officer)
  • Compensation: $447,060
  • Related: $0
  • Other: $29,169
Marla Hoyer-Lareau (Senior Vp, Chief Nursing & Operation)
  • Compensation: $360,141
  • Related: $0
  • Other: $21,833
Wright Alcorn (Vice President, Operations)
  • Compensation: $324,572
  • Related: $0
  • Other: $18,678
Rick Rhew (Vp, Human Resources - Beg 6/22)
  • Compensation: $207,139
  • Related: $0
  • Other: $23,775
Kurt Meyer (Vp, Human Resources - Thru 6/22)
  • Compensation: $159,721
  • Related: $0
  • Other: $8,943
Mihas Kodenchery (Physician)
  • Compensation: $851,679
  • Related: $0
  • Other: $26,717
Andre Artis (Physician)
  • Compensation: $839,009
  • Related: $0
  • Other: $24,010
Mohammed K Aslam (Physician)
  • Compensation: $733,126
  • Related: $0
  • Other: $10,181
Harish A Shah (Physician)
  • Compensation: $719,833
  • Related: $0
  • Other: $22,585
Thach Nguyen (Physician)
  • Compensation: $616,294
  • Related: $0
  • Other: $10,104


Official website here: www.methodisthospitals.org

Where can I find the form 990 for The Methodist Hospitals Inc?

The Methodist Hospitals Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.methodisthospitals.org

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

Mission Statement of The Methodist Hospitals Inc

The Methodist Hospitals Inc, a prominent Indiana nonprofit corporation, is dedicated to delivering high-quality healthcare services to all individuals, regardless of their race, religion, sex, national origin, handicap, age, or ability to pay. This mission is carried out through two general acute care hospitals situated in Northwest Indiana. As comprehensive healthcare facilities, The Methodist Hospitals offer a wide array of diagnostic, therapeutic, emergency, rehabilitation, inpatient, outpatient, and ancillary services.

Compassionately responding to the needs of their diverse communities, The Methodist Hospitals have cultivated a regional reputation for excellence since 1923. As stewards of their mission, they invest in their communities through charitable giving, community education programs, economic development forums, support services, screenings, and advocacy for quality care for the most vulnerable and underserved. With a commitment to innovation, The Methodist Hospitals continue to be a trailblazer in promoting community health initiatives and serving populations with high incidents of acute illnesses.

The Methodist Hospitals are governed by a Board of Directors and employ over 2,000 staff members, including more than 400 physicians representing nearly 40 medical specialties. They provide compassionate care with a broad range of diagnostic, therapeutic, and rehabilitative services. The hospitals' commitment to serving their communities extends beyond the walls of their facilities, as they work to address the needs of the most vulnerable and underserved populations. Their vision is to be the best place for employees to work, the best place for patients to receive care, and the best place for physicians to practice medicine.

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

The Methodist Hospitals, Inc. plays a critical role in the healthcare landscape of Northwest Indiana, operating two general acute care hospitals known for their commitment to providing high-quality healthcare services. With a capacity of 562 beds across its campuses in Gary and Merrillville, the hospitals offer a comprehensive range of diagnostic, therapeutic, emergency, rehabilitation, inpatient, outpatient, and ancillary services. This broad spectrum ensures that diverse community health needs are met effectively.

Recognized for its regional excellence since its founding in 1923, Methodist Hospitals actively engages in community initiatives aimed at enhancing health education, wellness, and preventive care. The organization is particularly focused on serving vulnerable and underserved populations, making a significant impact on public health through screening programs and advocacy for quality care.

Supported by a medical staff of over 400 physicians across nearly 40 specialties, the hospitals not only provide advanced medical services but also contribute to the local economy by being one of the top employers in the region with over 2,000 staff members. Through charitable contributions and community education programs, Methodist Hospitals reinvests its resources to address the needs of its diverse communities, thereby fostering a healthier environment for residents.

Overall, The Methodist Hospitals, Inc. is dedicated to being a responsible community partner and strives to create a compassionate healthcare experience for all individuals, regardless of their circumstances.




This information is meant to be a general summary of The Methodist Hospitals Inc. 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
$448,961,964 (2022)
Expenses
$459,386,937 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,553,541
  • Program Service Revenue: $438,213,782
  • Gross Receipts: $464,150,005

Assets and Liabilities:

  • Total Assets: $395,467,551
  • Total Liabilities: $139,466,836
  • Net Assets: $256,000,715

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.

HEALTHCARE AND SOCIAL ASSISTANCE

Revenue

$358,647,998

MEDICAID DISPROPORTIONATE SHARE

Revenue

$69,205,698

OTHER PATIENT SERVICES

Revenue

$9,962,386

EMR INCENTIVE PAYMENTS

Revenue

$397,700

Organization Details

Founding Year

1941

Principal Officer

Matthew Doyle

Main Address

600 GRANT STREET, GARY, IN, 46402

NTEE Category

Code: E220 - Health

If you are a representative of The Methodist Hospitals Inc 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.