Overview
What is Sparrow Health System?
Sparrow Health System (SHS) is a Michigan-based, integrated healthcare network headquartered in Lansing, serving a core eight-county region. The system comprises six hospitals with 845 licensed beds, over 150 ambulatory locations, hundreds of employed physicians, a health plan, and a post-acute care network, including outreach laboratory, homecare, hospice, pharmacy, and DME services. SHS also owns and operates the Michigan Athletic Club, the largest hospital-owned fitness club in the U.S. SHS collaborates with over 1,240 physicians and other providers through Sparrow Care Network, a clinically integrated network. A nonprofit tax-exempt corporation, SHS is the parent corporation of several tax-exempt, 501(C)(3) entities, such as Edward W. Sparrow Hospital Association, Sparrow Carson Hospital, Sparrow Clinton Hospital, Sparrow Eaton Hospital, Sparrow Ionia Hospital, Sparrow Specialty Hospital, Sparrow Community Care, and Sparrow Foundation. Sparrow Foundation serves as the fundraising arm of SHS. SHS's mission is to improve the health of people in their communities by providing quality, compassionate care to everyone, every time.
Official website here: www.sparrow.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 56%, One-Star out of Four Stars
Sparrow Health System has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial practices and accountability. While the organization excels in governance aspects, such as having an independent board and effective oversight committees, its financial ratios raise red flags, particularly with a very low program expense ratio of 9.60% and a high liabilities to assets ratio of 4.59%. These metrics suggest that the organization may not be allocating its resources effectively towards its mission-driven programs.
The strengths of Sparrow Health System include robust governance practices, with 81% of its board members being independent, along with comprehensive policies in place for conflict of interest, whistleblower protections, and document management. However, despite these positive attributes, the lack of transparency regarding its financial information—specifically, the absence of the tax form on its website—detracts from its overall accountability to donors and stakeholders.
In summary, while Sparrow Health System demonstrates a solid governance framework, its financial health and commitment to transparency appear to be lacking. Prospective donors and stakeholders may want to consider these factors carefully before contributing, as the organization's low program expense ratio suggests a need for improvement in its mission-related spending.
This AI summary has been generated from information found on Charity Navigator.
Is Sparrow Health System legitimate?
Sparrow Health System is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sparrow Health System 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: $3,925,035
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,688,592
For more financial information, click here
Official website here: www.sparrow.org
What is the mission statement of Sparrow Health System?
Sparrow Health System is dedicated to enhancing the health and well-being of individuals in their communities. This mission is achieved by delivering quality, compassionate care to every person, without exception. The healthcare system encompasses various entities, including multiple hospitals and numerous outpatient locations, employing hundreds of physicians and operating a health plan. As a non-profit organization, it also has a charitable foundation that serves as its fundraising arm. Sparrow Health System aims to provide comprehensive healthcare services, ensuring that individuals receive the care they need at every stage.
Official website here: www.sparrow.org
What is the revenue of Sparrow Health System?
Sparrow Health System's revenue in 2023 was $77,434,170.
Official website here: www.sparrow.org
Who are the executives of Sparrow Health System and what are their salaries?
The average compensation at Sparrow Health System during 2023 was $81,703. There 1025 volunteers at Sparrow Health System.
Here are 31 key members and their salaries:
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Official website here: www.sparrow.org
Where can I find the form 990 for Sparrow Health System?
Sparrow Health System's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sparrow.org
Learn more at the official website: www.sparrow.org
Mission Statement of Sparrow Health System
Sparrow Health System, a Michigan-based healthcare organization, is committed to enhancing the wellbeing of individuals in their communities. Through its mission, the system strives to provide top-notch, compassionate care to every person, regardless of the situation.
Sparrow Health System's expansive healthcare network comprises six hospitals, over 150 ambulatory locations, hundreds of employed physicians, a health plan, and a post-acute care network. The system's entities, including Edward W. Sparrow Hospital, Sparrow Carson Hospital, Sparrow Clinton Hospital, Sparrow Eaton Hospital, Sparrow Ionia Hospital, Sparrow Specialty Hospital, Sparrow Community Care, and Sparrow Foundation, all work together to deliver integrated and comprehensive care. Sparrow Foundation functions as the fundraising arm of the organization.
The non-profit organization prides itself on its dedication to excellence, integrity, and compassion. It operates as a Michigan non-stock, non-profit tax-exempt corporation, and is the parent corporation of Sparrow Development, Inc. (SDI), a for-profit entity that includes businesses like the Michigan Athletic Club (MAC), MAC Restaurant, and St. Lawrence or Management Company, LLC. Sparrow Health System's entities file their individual 990 returns.
In summary, Sparrow Health System is a leading healthcare provider dedicated to improving the lives of people in their communities through quality, compassionate care. Its extensive network of entities and services ensures comprehensive care for every person, making it an essential resource for healthcare in Michigan.
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Impact
October, 2024
Sparrow Health System significantly impacts the health and wellbeing of communities in mid-Michigan by delivering quality, compassionate care across a broad spectrum of services. With headquarters in Lansing, Michigan, Sparrow operates a fully integrated healthcare network that includes six hospitals with 845 licensed beds, a health plan, and a comprehensive post-acute care network encompassing various services such as homecare and hospice.
By offering more than 150 outpatient locations, Sparrow Health System ensures accessibility to healthcare for a diverse population. The organization collaborates with over 1,240 physicians through the Sparrow Care Network, promoting a clinically integrated approach that enhances patient care. Moreover, its mission is evident in their commitment to serving all individuals, prioritizing both quality and compassion in every encounter.
Sparrow also contributes to the community’s physical health through initiatives like the Michigan Athletic Club, the largest hospital-owned fitness facility in the United States, encouraging active lifestyles among residents. Overall, Sparrow Health System promotes improved health outcomes and fosters community wellness, making it a crucial provider and advocate for quality healthcare in the region.
This information is meant to be a general summary of Sparrow Health System. 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 2023.
- Investment Income: $233,649
- Program Service Revenue: $3,387,783
- Gross Receipts: $77,750,697
Assets and Liabilities:
- Total Assets: $1,041,796,926
- Total Liabilities: $47,824,437
- Net Assets: $993,972,489
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPARROW CARE NETWORK
Revenue
$2,808,621
OTHER CONTRACT REVENUE
Revenue
$579,162
Organization Details
Founding Year
1984
Principal Officer
Margaret Dimond Phd
Website
www.sparrow.orgNTEE Category
Code: E120 - Health
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