Overview
What is Northwestern Memorial Healthcare Group?
Northwestern Memorial Healthcare Group is an integrated healthcare system composed of multiple hospitals, including Northwestern Memorial Hospital, an academic medical center, and networks of physicians and healthcare professionals. With a mission to put patients first, this nonprofit organization aspires to provide high-quality, cost-effective, and patient-satisfying care. They serve diverse communities, delivering a broad range of services with sensitivity to individual patient needs and their families. The group is bonded with Feinberg School of Medicine of Northwestern University, enhancing the quality of their services through academic integration and research. Their team of caregivers consists of over 33,000 employees, making a significant impact on the health of the communities they serve.
Official website here: www.nm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Northwestern Memorial Healthcare Group has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 96%, indicating a high level of transparency and effective financial management. The rating is particularly noteworthy as it is derived entirely from its Accountability & Finance score, showcasing a solid foundation in these critical areas.
One of the highlighted strengths of Northwestern Memorial Healthcare Group is its governance structure, with 83% of its board members being independent. Additionally, the organization has a robust audit and oversight committee that has received full marks, which reinforces its commitment to financial integrity and accountability. The absence of material asset diversion and the presence of comprehensive policies for conflict of interest, whistleblower protections, and document retention further bolster its reputation.
While the nonprofit's strong performance is commendable, the data does not indicate any specific limitations or areas for improvement. Overall, the high accountability and finance score suggests that Northwestern Memorial Healthcare Group is well-managed and dedicated to fulfilling its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Northwestern Memorial Healthcare Group legitimate?
Northwestern Memorial Healthcare Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwestern Memorial Healthcare Group 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: $21,850,830
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,816,223,752
For more financial information, click here
Official website here: www.nm.org
What is the mission statement of Northwestern Memorial Healthcare Group?
Northwestern Memorial Healthcare Group is a comprehensive healthcare system, comprised of multiple hospitals and networks of healthcare professionals. Their primary mission is to prioritize the needs of their patients and their families, delivering high-quality, cost-effective, and patient-satisfying care. They are dedicated to enhancing the health of the communities they serve through the provision of a broad range of services, tailored to the individual needs of their patients. The organization fosters an essential academic and service relationship with Feinberg School of Medicine of Northwestern University, which enhances the quality of their services through integration with education and research, promoting a culture of excellence in practice, critical inquiry, and learning.
Official website here: www.nm.org
Who is the CEO of Northwestern Memorial Healthcare Group?
Unavailable
Official website here: www.nm.org
What is the revenue of Northwestern Memorial Healthcare Group?
Northwestern Memorial Healthcare Group's revenue in 2022 was $8,405,195,352.
Official website here: www.nm.org
Who are the executives of Northwestern Memorial Healthcare Group and what are their salaries?
The average compensation at Northwestern Memorial Healthcare Group during 2022 was $83,773. There are 33878 employees and 1100 volunteers at Northwestern Memorial Healthcare Group.
Here are 166 key members and their salaries:
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- Compensation: $320,972
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- Other: $26,286
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- Other: $72,675
- Compensation: $1,334,542
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- Compensation: $583,683
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- Other: $47,245
- Compensation: $503,543
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- Other: $17,619
- Compensation: $480,310
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- Other: $72,191
- Compensation: $467,694
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- Other: $37,408
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- Other: $26,906
- Compensation: $799,293
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- Other: $29,651
- Compensation: $180,325
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- Other: $33,185
- Compensation: $1,477,329
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- Other: $51,059
- Compensation: $1,120,559
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- Other: $42,875
- Compensation: $1,344,358
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- Other: $186,383
- Compensation: $1,594,056
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- Other: $39,453
- Compensation: $2,707,227
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- Other: $46,609
- Compensation: $758,789
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- Other: $31,290
- Compensation: $577,619
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- Other: $68,493
- Compensation: $1,470,246
- Related: $0
- Other: $28,361
Official website here: www.nm.org
Where can I find the form 990 for Northwestern Memorial Healthcare Group?
Northwestern Memorial Healthcare Group'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 Group
Northwestern Memorial Healthcare Group, a leading integrated healthcare system, is driven by a primary mission to be the preferred destination for patients. Consisting of multiple hospitals and networks of physicians and healthcare professionals, this organization prioritizes high standards of quality, cost-effectiveness, and patient satisfaction. Northwestern Memorial Healthcare is a community of caregivers dedicated to improving the health of the populations they serve.
With sensitivity to the unique needs of their patients and their families, Northwestern Memorial Healthcare delivers a broad range of services. Their commitment to excellence is further enhanced by their academic and service relationship with Feinberg School of Medicine of Northwestern University. The integration of education and research within their practice encourages critical inquiry and learning, resulting in improved patient care. The organization aspires to consistently meet the needs of each individual patient, going above and beyond to deliver exceptional healthcare services.
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Impact
October, 2024
Northwestern Memorial Healthcare Group significantly impacts the healthcare landscape in Chicago and surrounding areas by providing comprehensive medical services across a diverse network of facilities. With a primary mission to be the destination of choice for patient care, the group encompasses eighteen tax-exempt organizations, including nine hospitals, two medical groups, and a foundation, collectively prioritizing healthcare access regardless of patients' ability to pay.
At the core of its offerings is Northwestern Memorial Hospital, a major academic medical center that stands out as a teaching facility for the Northwestern University Feinberg School of Medicine. The hospital not only delivers high-quality patient care but also plays a pivotal role in training the next generation of healthcare professionals, contributing to research and education initiatives that shape the future of medicine.
The healthcare group is recognized for addressing the needs of complex and vulnerable patient populations, including low-income and minority communities. As a major teaching hospital, it accounts for a significant portion of Medicaid and Medicare discharges, offering critical care services such as trauma care, neonatal intensive care, and advanced oncology treatments, including the first proton therapy center in Illinois.
In addition to Northwestern Memorial Hospital, the system includes other key facilities like Central DuPage Hospital, Lake Forest Hospital, and more, each delivering essential services tailored to their communities. These hospitals provide a range of specialties from emergency and inpatient care to outpatient services, ensuring that residents have access to quality medical treatment nearby.
Northwestern Memorial Healthcare Group also emphasizes community health by offering programs like the Transitional Care Clinic, which assists patients in navigating the healthcare system after significant health events, showcasing their commitment to patient-centered care.
Overall, the impact of Northwestern Memorial Healthcare Group is profound, as it not only prioritizes patient care excellence but also enhances community health and well-being through education, research, and comprehensive medical services.
This information is meant to be a general summary of Northwestern Memorial Healthcare Group. 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: $5,114,487
- Program Service Revenue: $8,135,452,131
- Gross Receipts: $8,406,359,700
Assets and Liabilities:
- Total Assets: $12,725,993,747
- Total Liabilities: $3,207,506,221
- Net Assets: $9,518,487,526
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NMH-PATIENT SERVICE AND OTHER REVENUE
Revenue
$2,656,920,015
CDH-PATIENT SERVICE AND OTHER REVENUE
Revenue
$1,218,219,934
NMG-PATIENT SERVICE AND OTHER REVENUE
Revenue
$1,437,649,351
NIMC-PATIENT SERVICE AND OTHER REVENUE
Revenue
$637,737,699
NLFH PATIENT SERVICE AND OTHER REVENUE
Revenue
$492,004,812
Organization Details
Phone
(312) 926-4237Main Address
541 N Fairbanks Ct Rm 1630, Chicago, IL, 606113319
Website
www.nm.orgNTEE Category
Code: E22 - Health
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