Overview
What is La Rabida Children's Hospital?
La Rabida Children's Hospital is a nonprofit institution based in Chicago, Illinois, dedicated to delivering specialized healthcare services to children with medically complex conditions, disabilities, and chronic illnesses. In the 2022 fiscal year, the hospital had 199 admissions and 10,360 patient days of care. The hospital prides itself on providing care regardless of race, creed, sex, national origin, or ability to pay, and it is the most Medicaid-dependent hospital in the state, with over 92% of its care provided to Medicaid beneficiaries. La Rabida is a local expert and offers training opportunities for medical residents and students from the University of Chicago, as well as nursing, rehabilitation therapists, social work, psychology, and respiratory therapy students. The hospital ensures a safe environment for children by providing quality initiatives, certifications, and training for its staff, including CPR, Pediatric Advanced Life Support (PALS), and emergency preparedness. La Rabida's mission is to help children and their families reach their fullest potential and strives to provide family-centered care. With a workforce of 667 employees, the hospital is committed to serving its young patients with expertise, compassion, and advocacy.
Official website here: www.larabida.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
La Rabida Children's Hospital has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a high score of 96 in this category, the organization demonstrates effective governance and sound financial practices. The majority of its board members are independent, and the organization has a clear structure for oversight, ensuring transparency in its operations.
Strengths of La Rabida Children's Hospital include a strong commitment to maintaining ethical standards, as evidenced by its comprehensive policies on conflicts of interest, whistleblowing, and document retention. The hospital's financial health is also notable, with a low liabilities-to-assets ratio and a program expense ratio of over 82%, indicating that a significant portion of its resources is dedicated to its charitable programs.
While the organization shows no signs of material diversion of assets and has established robust auditing processes, continued vigilance in governance and financial management will be essential for maintaining its high standards. Overall, La Rabida Children's Hospital stands out as a reliable nonprofit dedicated to serving children's health needs.
This AI summary has been generated from information found on Charity Navigator.
Is La Rabida Children's Hospital legitimate?
La Rabida Children's Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. La Rabida Children's Hospital 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: $3,005,232
Professional Fundraising Fees: $0
Other Salaries and Wages: $30,585,842
For more financial information, click here
Official website here: www.larabida.org
What is the mission statement of La Rabida Children's Hospital?
La Rabida Children's Hospital is dedicated to delivering specialized health care to children with complex medical conditions and disabilities. This family-centered institution prioritizes the potential of every child, irrespective of their ability to pay. Through expert care, compassionate services, and advocacy, the hospital aims to help children and their families thrive.
In fiscal year 2022, La Rabida had 199 admissions and 10,360 patient days of care. The hospital's commitment to serving all children, regardless of their racial or ethnic background, led to more than 92% of its patient days being covered by the Medicaid program.
La Rabida is a local training hub, offering valuable learning experiences for physician residents, medical students, and other healthcare professionals. This comprehensive training program covers various disciplines, including nursing, rehabilitation therapies, social work, psychology, and respiratory therapy.
To ensure a safe hospital environment, staff members undergo rigorous education on infection control, CPR certification, Pediatric Advanced Life Support (PALS), and emergency preparedness. Regular in-services and training sessions keep staff updated on new policies, products, and practices.
Official website here: www.larabida.org
Who is the CEO of La Rabida Children's Hospital?
Brenda J Wolf is the President & Ceo of La Rabida Children's Hospital. The CEO's salary of La Rabida Children's Hospital is $602,077 and their total compensation is $628,689.
Official website here: www.larabida.org
What is the revenue of La Rabida Children's Hospital?
La Rabida Children's Hospital's revenue in 2022 was $73,676,226.
Official website here: www.larabida.org
Who are the executives of La Rabida Children's Hospital and what are their salaries?
The average compensation at La Rabida Children's Hospital during 2022 was $50,361. There are 667 employees and 74 volunteers at La Rabida Children's Hospital.
Here are 50 key members and their salaries (La Rabida Children's Hospital's CEO's salary is $602,077 and their total compensation is $628,689):
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Official website here: www.larabida.org
Where can I find the form 990 for La Rabida Children's Hospital?
La Rabida Children's Hospital's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.larabida.org
Learn more at the official website: www.larabida.org
Mission Statement of La Rabida Children's Hospital
La Rabida Children's Hospital, a leading nonprofit organization, is dedicated to providing specialized, family-centered healthcare to children with medically complex conditions and disabilities. By combining expertise, compassion, and advocacy, this esteemed institution helps children and their families reach their full potential, disregarding their ability to pay.
At the heart of La Rabida Children's Hospital's efforts lies the provision of inpatient services for children with chronic illnesses and disabilities. In the 2022 fiscal year, the organization cared for 199 children, offering them a total of 10,360 patient days. Regardless of race, creed, sex, national origin, or financial capabilities, La Rabida welcomes all children to receive top-notch medical attention. With over 92% of its patient days of care dedicated to serving beneficiaries of the Medicaid program, La Rabida Children's Hospital stands out as the most Medicaid-dependent hospital in Illinois.
The organization's commitment to the community extends beyond its clinical services. La Rabida is an integral training site for various healthcare professionals, including physician residents and medical students from the University of Chicago. The institution also trains nursing, rehabilitation therapists, social work, psychology, and respiratory therapy students, contributing to the next generation of healthcare providers. To ensure a safe environment for children, La Rabida prioritizes the education of its staff in various areas, including infection control, CPR, Pediatric Advanced Life Support (PALS), and emergency preparedness.
In summary, La Rabida Children's Hospital is a dedicated nonprofit organization that offers specialized health care to children with complex medical conditions and disabilities. With a strong focus on family-centered care and disregard for a family's ability to pay, the organization strives to help children reach their full potential. By providing inpatient services, training future healthcare professionals, and prioritizing staff education, La Rabida Children's Hospital is a vital resource for the healthcare community.
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Impact
October, 2024
La Rabida Children's Hospital significantly impacts the health and well-being of children with medically complex conditions and disabilities. By providing specialized, family-centered care, they address the unique needs of this vulnerable population. In fiscal year 2022 alone, the hospital accommodated 199 admissions and delivered 10,360 days of care, demonstrating their commitment to serving children with chronic illnesses.
The hospital stands out as the most Medicaid-dependent facility in Illinois, with over 92% of patient days dedicated to Medicaid beneficiaries. This ensures that children and families have access to essential healthcare services irrespective of their financial situation.
La Rabida is not just a healthcare provider; it is a hub for medical education and training, hosting nearly 45 physician residents and medical students annually from the University of Chicago. The institution also trains various healthcare professionals, including nursing, rehabilitation therapy, social work, psychology, and respiratory therapy students, thus contributing to the overall improvement of pediatric healthcare in the community.
Moreover, La Rabida prioritizes safety and quality of care by providing comprehensive training for all staff. This includes education on infection control, CPR, Pediatric Advanced Life Support (PALS), emergency preparedness, and continuous professional development to adapt to new healthcare standards.
Overall, La Rabida Children's Hospital plays a crucial role in enhancing the quality of life for children facing significant health challenges, fostering a community of care that extends beyond the hospital walls.
This information is meant to be a general summary of La Rabida Children's Hospital. 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: $7,045,902
- Program Service Revenue: $59,657,186
- Gross Receipts: $230,721,058
Assets and Liabilities:
- Total Assets: $239,934,866
- Total Liabilities: $14,869,414
- Net Assets: $225,065,452
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Inpatient Services
Revenue
$43,204,425
Outpatient Services
Revenue
$10,648,545
Grant Funded Programs
Revenue
$4,940,822
Care Coordination Entity
Revenue
$571,592
Income from Joint Venture
Revenue
$291,802
Organization Details
Founding Year
1896
Phone
(773) 363-6700Principal Officer
Brenda J Wolf
Main Address
6501 S Promontory Drive, Chicago, IL, 60649
Website
www.larabida.orgNTEE Category
Code: E240 - Health
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