Overview
What is William Beaumont Hospital?
William Beaumont Hospital, also known as Beaumont Health System, is a Michigan-based nonprofit organization that operates a comprehensive network of healthcare delivery organizations in Oakland, Macomb, and Wayne Counties. Established in 1955, the hospital's mission is to provide top-quality healthcare services safely, effectively, and compassionately to all patients, regardless of their financial circumstances. With a bed capacity of 1,941, Beaumont Health System comprises three acute care hospitals and a large medical staff of over 3,100 physicians. The organization offers 40 accredited residency and fellowship programs, partners with universities for undergraduate training, and has affiliations with area nursing schools. Beaumont Health System is known for its advanced centers, including Heart, Cancer, and Urology Centers, and a highly regarded Neonatal Intensive Care Unit. In response to the COVID-19 pandemic, Beaumont Health put in place numerous measures, such as strategic inventory management and community programs, to support patients and adapt to the ever-changing healthcare landscape.
Official website here: www.beaumont.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars) from Charity Navigator
William Beaumont Hospital has earned a Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization scored 96%, demonstrating effective fiscal management and transparency. The high rating is primarily based on a single beacon score that emphasizes the charity's financial practices.
The hospital boasts a robust governance structure, with 68% of its board members being independent. This is complemented by a comprehensive audit and oversight committee, ensuring that financial statements are thoroughly reviewed. The organization has also implemented several policies, including conflict of interest and whistleblower policies, which enhance its accountability.
While the financial metrics are strong, including a program expense ratio of 93.91%, the data does not highlight any significant limitations or concerns. Overall, William Beaumont Hospital appears to be a well-managed organization committed to transparency and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is William Beaumont Hospital legitimate?
William Beaumont Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. William Beaumont 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: $28,086,837
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,330,499,321
For more financial information, click here
Official website here: www.beaumont.org
What is the mission statement of William Beaumont Hospital?
William Beaumont Hospital is dedicated to delivering the highest quality healthcare service to all patients, regardless of their financial circumstances. The organization provides efficient, effective, and compassionate care, striving for excellence in every aspect of patient care. With a network of healthcare delivery organizations, Beaumont focuses on providing safe, effective, and compassionate healthcare services to all patients. The hospital has three acute care hospitals and a large medical staff of over 3,100 physicians, representing 90 medical and surgical specialties. As a major teaching facility, Beaumont offers 40 accredited residency and fellowship programs and partners with universities for undergraduate training. The hospital operates state-of-the-art treatment centers for heart, cancer, and urology, among others, serving patients from the community and around the world. In response to the COVID-19 pandemic, Beaumont put various measures in place, including critical inventory management, strategic protocol activation, and community programs to support the public.
Official website here: www.beaumont.org
Who is the CEO of William Beaumont Hospital?
Christina Freese Decker is the Principal Officer of William Beaumont Hospital. The CEO's salary of William Beaumont Hospital is $3,993,442 and their total compensation is $6,170,136.
Official website here: www.beaumont.org
What is the revenue of William Beaumont Hospital?
William Beaumont Hospital's revenue in 2021 was $2,928,506,457.
Official website here: www.beaumont.org
Who are the executives of William Beaumont Hospital and what are their salaries?
The average compensation at William Beaumont Hospital during 2021 was $53,748. There are 25277 employees and 631 volunteers at William Beaumont Hospital.
Here are 38 key members and their salaries (William Beaumont Hospital's CEO's salary is $3,993,442 and their total compensation is $6,170,136):
- Compensation: $3,993,442
- Related: $0
- Other: $2,176,694
- Compensation: $4,468,665
- Related: $0
- Other: $397,959
- Compensation: $428,838
- Related: $0
- Other: $57,035
- Compensation: $0
- Related: $222,148
- Other: $90,536
- Compensation: $0
- Related: $170,550
- Other: $0
- Compensation: $0
- Related: $33,005
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $524,858
- Related: $0
- Other: $203,481
- Compensation: $538,804
- Related: $0
- Other: $25,364
- Compensation: $6,065,471
- Related: $0
- Other: $485,613
- Compensation: $978,582
- Related: $0
- Other: $536,434
- Compensation: $978,224
- Related: $0
- Other: $454,657
- Compensation: $722,071
- Related: $0
- Other: $304,940
- Compensation: $607,155
- Related: $0
- Other: $322,598
- Compensation: $725,815
- Related: $0
- Other: $169,829
- Compensation: $636,968
- Related: $0
- Other: $28,407
- Compensation: $276,987
- Related: $0
- Other: $110,198
- Compensation: $341,466
- Related: $0
- Other: $43,740
- Compensation: $331,086
- Related: $0
- Other: $22,361
- Compensation: $240,910
- Related: $0
- Other: $81,546
- Compensation: $2,218,702
- Related: $0
- Other: $62,821
- Compensation: $1,417,625
- Related: $0
- Other: $3,287
- Compensation: $1,254,025
- Related: $0
- Other: $54,753
- Compensation: $993,347
- Related: $0
- Other: $85,766
- Compensation: $993,064
- Related: $0
- Other: $55,686
- Compensation: $696,482
- Related: $0
- Other: $40,518
Official website here: www.beaumont.org
Where can I find the form 990 for William Beaumont Hospital?
William Beaumont Hospital's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.beaumont.org
Learn more at the official website: www.beaumont.org
Mission Statement of William Beaumont Hospital
William Beaumont Hospital, a Michigan non-profit corporation, is dedicated to providing the highest quality healthcare service efficiently, effectively, and compassionately to all patients, regardless of where they live or their financial circumstances. At its core, Beaumont focuses on delivering top-notch healthcare services safely, effectively, and compassionately to patients, irrespective of their ability to pay.
The institution operates a broad network of healthcare delivery organizations in Oakland, Macomb, and Wayne Counties in southeastern Michigan. Beaumont has three acute care hospitals with a combined licensed bed complement of 1,941 beds. In the tax year ended December 31, 2021, the hospitals registered 98,887 admissions, 72,742 total surgeries, 11,393 births, and 259,104 emergency visits.
Founded on January 24, 1955, as a 238-bed community hospital in Royal Oak, Michigan, Beaumont has grown to become a major academic and referral center with level 1 trauma status and over 3,100 physicians on its medical staffs. It is Michigan's first Magnet-designated hospital for nursing excellence and an associate member of the National Association of Children's Hospitals and Related Institutions. The system represents 90 medical and surgical specialties and has 40 accredited residency and fellowship programs, making it a significant teaching facility. Beaumont partners with Oakland University to establish the Oakland University William Beaumont School of Medicine and is affiliated with the University of Michigan and Wayne State University Schools of Medicine for undergraduate training.
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Impact
October, 2024
William Beaumont Hospital significantly impacts the southeastern Michigan community by delivering high-quality healthcare services to a diverse patient population. The hospital operates a comprehensive network of facilities, including three acute care hospitals with a total of 1,941 licensed beds, and provides extensive medical services. With a focus on safety, effectiveness, and compassion, Beaumont Health addresses the healthcare needs of individuals regardless of their socio-economic status.
Beaumont's robust offerings include specialized centers for heart, cancer, and urology care, drawing patients from both local and international communities. Its designation as Michigan's first Magnet-recognized hospital for nursing excellence highlights the institution's commitment to outstanding patient care. The hospital also prioritizes education and training in healthcare, housing 40 accredited residency and fellowship programs and partnering with multiple universities to train future medical professionals.
In addition to its extensive healthcare services, Beaumont actively engages in community initiatives, showcasing its commitment to the well-being of the population it serves. For instance, during the COVID-19 pandemic, Beaumont implemented various programs aimed at address public health challenges, enhancing patient care, and sharing vital information through hotlines and testing sites.
Overall, William Beaumont Hospital's impact extends beyond immediate healthcare services to encompass a commitment to community health, education, and compassionate care for all individuals.
This information is meant to be a general summary of William Beaumont 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 2021.
- Investment Income: $86,392,818
- Program Service Revenue: $2,570,389,474
- Gross Receipts: $2,932,160,929
Assets and Liabilities:
- Total Assets: $4,475,418,710
- Total Liabilities: $2,081,852,814
- Net Assets: $2,393,565,896
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OUTPATIENT
Revenue
$1,226,534,606
INPATIENT
Revenue
$1,201,144,482
EMERGENCY
Revenue
$142,710,386
Organization Details
Founding Year
1956
Phone
(616) 391-2022Principal Officer
Christina Freese Decker
Main Address
26901 BEAUMONT BLVD, SOUTHFIELD, MI, 48033
Website
www.beaumont.orgNTEE Category
Code: E21 - Health
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