Overview
What is Silver Cross Hospital And Medical Centers?
Silver Cross Hospital and Medical Centers is a nonprofit organization located in New Lenox, Illinois, with a workforce of 3469 employees. They are dedicated to delivering both inpatient and outpatient healthcare services, with a total of 106,676 hospital inpatient and observation days provided during the specified time frame. Their mission encompasses establishing, maintaining, and operating hospitals and community medical centers, as well as offering additional facilities for the care of individuals suffering from illnesses or injuries. In summary, Silver Cross Hospital and Medical Centers is a reputable healthcare provider in New Lenox, Illinois, committed to serving a significant number of patients and offering comprehensive medical care.
Official website here: www.silvercross.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 93%, Four-Star out of Four Star rating.
Silver Cross Hospital and Medical Centers has achieved a strong 93% score on Charity Navigator, reflecting its exceptional performance in accountability and finance. The organization boasts an impressive structure with 86% of its board members being independent, which enhances governance and reduces potential conflicts of interest. The financial oversight mechanisms are robust, as indicated by full scores in audit and oversight, conflict of interest policy, and other governance practices.
The program expense ratio is also commendable at 94.91%, suggesting that a significant portion of its expenses directly supports its programs. This high ratio underscores the hospital's commitment to allocating funds effectively to serve its community's healthcare needs. The organization has no reported material diversion of assets, further indicating a solid financial management framework.
While the liabilities to assets ratio is at 54.05%, which is manageable, it does highlight that there is still room for improvement in balancing its financial obligations. Overall, Silver Cross Hospital and Medical Centers demonstrates strong organizational strengths, but continuous monitoring of financial ratios will be necessary to maintain its operational stability.
This AI summary has been generated from information found on Charity Navigator.
Is Silver Cross Hospital And Medical Centers legitimate?
Silver Cross Hospital And Medical Centers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Silver Cross Hospital And Medical Centers 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: $164,356,926
For more financial information, click here
Official website here: www.silvercross.org
What is the mission statement of Silver Cross Hospital And Medical Centers?
Silver Cross Hospital and Medical Centers are dedicated to establishing, managing, and operating hospitals and community medical centers, providing facilities for the care of individuals suffering from illnesses or injuries. Their primary focus is on delivering inpatient and outpatient healthcare services. During the specified period, the hospital accommodated 106,676 inpatient days and attended to a total of 257,738 patients.
Official website here: www.silvercross.org
Who is the CEO of Silver Cross Hospital And Medical Centers?
Unavailable The CEO's salary of Silver Cross Hospital And Medical Centers is $0 and their total compensation is $1,420,026.
Official website here: www.silvercross.org
What is the revenue of Silver Cross Hospital And Medical Centers?
Silver Cross Hospital And Medical Centers's revenue in 2022 was $519,921,362.
Official website here: www.silvercross.org
Who are the executives of Silver Cross Hospital And Medical Centers and what are their salaries?
The average compensation at Silver Cross Hospital And Medical Centers during 2022 was $47,379. There are 3469 employees and 587 volunteers at Silver Cross Hospital And Medical Centers.
Here are 22 key members and their salaries (Silver Cross Hospital And Medical Centers's CEO's salary is $0 and their total compensation is $1,420,026):
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- Related: $1,360,675
- Other: $59,351
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- Related: $771,940
- Other: $219,533
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- Compensation: $248,474
- Related: $0
- Other: $49,709
- Compensation: $439,699
- Related: $0
- Other: $60,260
- Compensation: $322,779
- Related: $0
- Other: $56,375
- Compensation: $278,212
- Related: $0
- Other: $43,751
- Compensation: $250,063
- Related: $0
- Other: $45,654
Official website here: www.silvercross.org
Where can I find the form 990 for Silver Cross Hospital And Medical Centers?
Silver Cross Hospital And Medical Centers's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.silvercross.org
Learn more at the official website: www.silvercross.org
Mission Statement of Silver Cross Hospital And Medical Centers
Silver Cross Hospital and Medical Centers is a dedicated healthcare organization that aims to establish, conduct, maintain, and operate hospitals and community medical centers. Their mission is to provide comprehensive care for individuals suffering from illnesses or injuries. With a focus on both inpatient and outpatient services, Silver Cross Hospital and Medical Centers served a total of 257,738 patients during the specified timeframe. An impressive 106,676 hospital inpatient days and observation days were provided over this period.
In their pursuit of delivering top-tier healthcare, Silver Cross Hospital and Medical Centers offer various essential services to those in need. These services extend beyond the basic care provided in a hospital setting, ensuring a holistic approach to patient wellbeing. By providing a wide range of medical treatments and resources, they contribute significantly to the recovery and overall health of their patients.
Silver Cross Hospital and Medical Centers' commitment to their mission is demonstrated through their provision of inpatient and outpatient healthcare services. Their staff works tirelessly to ensure every patient receives the necessary care and attention to support their recovery. The organization's dedication to excellence has undoubtedly made a positive impact on the lives of countless individuals throughout their care.
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Impact
October, 2024
Silver Cross Hospital and Medical Centers plays a crucial role in the health and wellness of the community in New Lenox, Illinois. With a strong commitment to providing comprehensive health care services, the facility offers both inpatient and outpatient care, ensuring that a wide range of medical needs are met.
In the recent reporting period, Silver Cross hosted a remarkable total of 106,676 inpatient and observation days, illustrating its capacity to accommodate a significant number of patients requiring diverse medical attention. Over the same period, the hospital served a total of 257,738 patients, highlighting its extensive impact on the health of the local population.
The mission of Silver Cross is focused on establishing and maintaining facilities designed to care for individuals facing illnesses or injuries. By doing so, it fosters a healthier community, contributing not only to immediate medical needs but also promoting long-term health outcomes. The hospital's presence is vital for enhancing the well-being of the community it serves, making it an indispensable resource for healthcare in the region.
This information is meant to be a general summary of Silver Cross Hospital And Medical Centers. 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: $40,095,477
- Program Service Revenue: $474,459,670
- Gross Receipts: $670,192,907
Assets and Liabilities:
- Total Assets: $973,396,878
- Total Liabilities: $547,480,477
- Net Assets: $425,916,401
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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
$467,990,807
DEPARTMENT REVENUE
Revenue
$2,447,006
CANCER CENTER JV INCOME
Revenue
$2,743,241
SURGERY CENTER JV INCOME
Revenue
$599,322
SILVER OAKS JV INCOME
Revenue
$384,399
Organization Details
Founding Year
1895
Phone
(815) 300-7007Main Address
1900 SILVER CROSS BLVD, NEW LENOX, IL, 60451
Website
www.silvercross.orgNTEE Category
Code: E220 - Health
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