Overview
What is Northwestern Memorial Healthcare?
Northwestern Memorial Healthcare (NMHC) is a not-for-profit organization headquartered in Chicago, Illinois. It serves as the parent company of various hospitals, including Northwestern Memorial Hospital, Lake Forest Hospital, and Central DuPage Hospital, among others. NMHC's mission is to provide comprehensive inpatient care and support to these institutions, working together under the brand "Northwestern Medicine." Northwestern University Feinberg School of Medicine shares a vision with NMHC to advance medical care through clinical innovation, breakthrough research, and academic excellence to positively impact people's lives and the health of their communities. Northwestern Memorial Healthcare's work extends beyond clinical care, collaborating with public health experts to determine the root causes and develop solutions to tackle complex public health issues such as chronic diseases and community violence. As an integrated academic medical health system, NMHC supports some of the nation's most advanced research programs, pushing the boundaries of science and medicine to prevent and cure diseases.
Official website here: www.nm.org
Is Northwestern Memorial Healthcare legitimate?
Northwestern Memorial Healthcare is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwestern Memorial Healthcare 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.
Here are some key statistics you may want to consider:
Executive Compensation: $13,296,386
Professional Fundraising Fees: $0
Other Salaries and Wages: $462,529,512
For more financial information, click here
What is the mission statement of Northwestern Memorial Healthcare?
Northwestern Memorial Healthcare is a healthcare organization dedicated to delivering high-quality, cost-effective care with a strong focus on patient satisfaction. They strive to enhance the health of the communities they serve by providing a broad range of services, taking into account the unique needs of their patients and their families. The organization is academically affiliated with Feinberg School of Medicine of Northwestern University, allowing for the integration of education and research to further enhance the quality of care. Northwestern Memorial Healthcare's mission is to uphold consistent standards and foster an environment that encourages excellence in practice, critical inquiry, and learning.
Official website here: www.nm.org
What is the revenue of Northwestern Memorial Healthcare?
Northwestern Memorial Healthcare's revenue in 2022 was $2,009,411,319.
Official website here: www.nm.org
Who are the executives of Northwestern Memorial Healthcare and what are their salaries?
The average compensation at Northwestern Memorial Healthcare during 2022 was $94,316. There are 5,045 employees at Northwestern Memorial Healthcare.
There is 1 key member and their salary:
- Group Number 5878 (Per Regulation 1.6033-2(D)(5), This Data Is Found On The Group Return) [Trustee/Director]
Official website here: www.nm.org
Where can I find the form 990 for Northwestern Memorial Healthcare?
The Northwestern Memorial Healthcare’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.nm.org
Learn more at the official website: www.nm.org
Mission Statement of Northwestern Memorial Healthcare
Northwestern Memorial Healthcare is a dedicated organization of caregivers committed to delivering high-quality, cost-effective, and patient-satisfying healthcare services. Their mission extends beyond individual patient care, as they aim to improve the health of the communities they serve. This is achieved through a broad range of services tailored to the unique needs of patients and their families.
Northwestern Memorial Healthcare's unwavering dedication to excellence is reflected in its essential academic and service relationship with Feinberg School of Medicine of Northwestern University. This partnership enhances the quality of care provided by Northwestern Memorial Healthcare through the integration of education and research. The environment fosters critical inquiry and learning, encouraging the application of best practices and innovative approaches.
As a leading healthcare provider, Northwestern Memorial Healthcare aspires to consistently meet and exceed the expectations of its patients. Their team of compassionate caregivers is dedicated to providing sensitive, quality care, ensuring that each patient receives the attention and support they need during their time of need. Through their commitment to improving health outcomes, Northwestern Memorial Healthcare continues to make a positive impact on the lives of the individuals and families they serve.
Impact
This information is meant to be a general summary of Northwestern Memorial Healthcare. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Northwestern Memorial Healthcare, through its various hospitals, physician care practices, and research initiatives, has a significant impact on the healthcare landscape in the Chicago area and beyond. By providing comprehensive inpatient care at multiple hospital facilities, including Northwestern Memorial Hospital and Northwestern Lake Forest Hospital, Northwestern Memorial Healthcare plays a crucial role in improving the health of the communities it serves.
As the parent organization of the Northwestern Memorial Health System, Northwestern Memorial Healthcare supports cutting-edge research programs led by physician scientists at the Feinberg School of Medicine of Northwestern University. This research aims to address a wide range of public health issues, from chronic diseases like cardiovascular disease, cancer, and diabetes to the underlying causes of obesity, poor mental health, and community violence.
By integrating clinical care, education, and research, Northwestern Memorial Healthcare is able to push the boundaries of science and medicine, working towards preventing and curing diseases and ultimately making a positive difference in people's lives and the health of the communities it serves.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Management Services
Revenue
$1,305,481,000
Underwriting Income
Revenue
$141,570,415
Professional Service Fees
Revenue
$62,008,819
Quality Improvement Program
Revenue
$8,679,462
Registration & Fees
Revenue
$328,050
Organization Details
Founding Year
1982
Phone
(312) 926-4237
Main Address
541 N Fairbanks Ct 1630, Chicago, IL, 606113319
Website
www.nm.org
NTEE Category
Code: E21 - Health
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