Overview
What is Healthnet Inc?
Healthnet Inc, a nonprofit organization based in Indianapolis, Indiana, provides primary medical care and support services at various sites throughout the city. These sites include Barrington Health Center, Southeast Health Center, Southwest Health Center, People's Health Center, Martindale-Brightwood Health Center, The OB/GYN Care Center at The Towers, The Pediatric & Adolescent Care Center, West Health Center, Northeast Health Center, and Northwest Health Center. In 2022, Healthnet Inc delivered 151,222 patient care medical visits, 23,911 dental visits, and 34,312 behavioral health visits, serving a total of 54,244 medical patients, 9,525 dental patients, and 6,994 behavioral health patients. Their mission is to improve lives with compassionate healthcare and support services, regardless of ability to pay. In 2022, they delivered 1,187 babies and provided prenatal care to 2,376 women. With a workforce of 941 employees, Healthnet Inc is dedicated to providing comprehensive healthcare services to the Indianapolis community.
Official website here: www.indyhealthnet.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Healthnet Inc has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a score of 96%, the organization demonstrates strong management practices and transparency, essential for donor confidence. Key strengths include a fully independent board and excellent scores in financial oversight, ensuring that funds are used effectively towards their mission.
The organization excels in several areas, such as maintaining an independent board with 14 members and implementing robust policies like conflict of interest and whistleblower protection. Additionally, their program expense ratio stands at 79.37%, meaning a significant portion of their budget is allocated directly to their programs, which is a positive sign for potential donors looking to understand the impact of their contributions.
However, while the financial health of Healthnet Inc appears solid, the summary does not provide insights into the specific programs they offer or the direct impact of their services. Understanding these aspects could enhance the overall evaluation of their effectiveness in addressing the health needs they aim to serve.
This AI summary has been generated from information found on Charity Navigator.
Is Healthnet Inc legitimate?
Healthnet Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Healthnet 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: $2,338,016
Professional Fundraising Fees: $0
Other Salaries and Wages: $47,939,864
For more financial information, click here
Official website here: www.indyhealthnet.org
What is the mission statement of Healthnet Inc?
Healthnet Inc is dedicated to enhancing lives through compassionate healthcare and support services, disregarding the ability to pay. Their mission encompasses the provision of primary medical care, dental services, and behavioral health visits. In 2022, they delivered 151,222 medical visits, 23,911 dental visits, and 34,312 behavioral health visits. Their team of healthcare professionals also attended to the needs of 2,376 pregnant women and delivered 1,187 babies. Healthnet Inc strives to ensure access to essential healthcare services for all.
Official website here: www.indyhealthnet.org
Who is the CEO of Healthnet Inc?
Ricardo Diaz is the CEO of Healthnet Inc The CEO's salary of Healthnet Inc is $392,558 and their total compensation is $415,492.
Official website here: www.indyhealthnet.org
What is the revenue of Healthnet Inc?
Healthnet Inc's revenue in 2023 was $85,532,246.
Official website here: www.indyhealthnet.org
Who are the executives of Healthnet Inc and what are their salaries?
The average compensation at Healthnet Inc during 2023 was $55,311. There are 909 employees and 11 volunteers at Healthnet Inc.
Here are 27 key members and their salaries (Healthnet Inc's CEO's salary is $392,558 and their total compensation is $415,492):
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- Compensation: $392,558
- Related: $0
- Other: $22,934
- Compensation: $208,198
- Related: $0
- Other: $18,675
- Compensation: $265,473
- Related: $0
- Other: $26,545
- Compensation: $189,610
- Related: $0
- Other: $17,023
- Compensation: $189,087
- Related: $0
- Other: $11,516
- Compensation: $235,608
- Related: $0
- Other: $14,186
- Compensation: $149,132
- Related: $0
- Other: $13,015
- Compensation: $49,562
- Related: $0
- Other: $1,999
- Compensation: $320,740
- Related: $0
- Other: $27,377
- Compensation: $79,686
- Related: $0
- Other: $5,594
- Compensation: $88,211
- Related: $0
- Other: $11,289
- Compensation: $412,287
- Related: $0
- Other: $21,667
- Compensation: $363,865
- Related: $0
- Other: $20,540
- Compensation: $333,389
- Related: $0
- Other: $31,790
- Compensation: $309,792
- Related: $0
- Other: $12,365
- Compensation: $297,118
- Related: $0
- Other: $31,144
Official website here: www.indyhealthnet.org
Where can I find the form 990 for Healthnet Inc?
Healthnet Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.indyhealthnet.org
Learn more at the official website: www.indyhealthnet.org
Mission Statement of Healthnet Inc
Healthnet Inc, a dedicated nonprofit organization, strives to enhance lives through compassionate healthcare and support services, disregarding the ability to pay. In their unwavering commitment to this cause, they offer primary medical care at multiple sites, reaching 54,244 medical patients in a year, who received a total of 151,222 patient care medical visits. The organization extends its reach to dental patients, providing 9,525 individuals with 23,911 dental visits, and 6,994 behavioral health patients with 34,312 visits. Healthnet Inc's team of obstetrical gynecologists and certified nurse midwives deliver approximately 1,187 babies per year and provide prenatal care to 2,376 women, contributing significantly to the community's well-being.
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Impact
October, 2024
HealthNet Inc plays a pivotal role in enhancing the health and well-being of the Indianapolis community by providing comprehensive medical services to individuals regardless of their financial circumstances. Their commitment to compassionate care is evident through various health facilities across the city, where they deliver a wide range of services, including primary medical care, dental care, and behavioral health support.
In 2022, HealthNet Inc made significant contributions to public health by conducting over 151,000 medical visits, serving more than 54,000 patients. Their efforts in dental care also resulted in nearly 24,000 visits for approximately 9,500 individuals, while their focus on behavioral health yielded over 34,000 consultations for nearly 7,000 patients. This extensive reach highlights their ability to cater to diverse health needs within the community.
Additionally, HealthNet's specialized services, including prenatal care, underscore their commitment to maternal and child health. In the same year, their OB/GYNs and certified nurse midwives successfully delivered 1,187 babies and provided essential prenatal services to over 2,300 women, emphasizing their integral role in supporting families and ensuring healthy starts for new lives.
By addressing both physical and mental health needs, HealthNet Inc significantly impacts the overall health landscape of Indianapolis, making vital healthcare accessible to those who need it most.
This information is meant to be a general summary of Healthnet 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $429,243
- Program Service Revenue: $59,221,576
- Gross Receipts: $85,532,246
Assets and Liabilities:
- Total Assets: $45,218,082
- Total Liabilities: $20,760,193
- Net Assets: $24,457,889
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT REVENUE
Revenue
$47,252,901
340B PHARMACY REVENUE
Revenue
$11,105,516
SCHOOL BASED SERVICES
Revenue
$783,887
RESIDENT PROVIDER CARE
Revenue
$79,272
Organization Details
Founding Year
1983
Phone
(317) 957-2000Principal Officer
Joseph Lackey
Main Address
3403 E RAYMOND STREET, INDIANAPOLIS, IN, 46203
Website
www.indyhealthnet.orgNTEE Category
Code: E20 - Health
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