Overview
What is Meriter Hospital Inc?
Meriter Hospital Inc, a locally governed, not-for-profit community hospital based in Madison, Wisconsin, delivers quality care with a strong commitment to patient safety. With 448 beds, it is the region's leading provider of child and adolescent psychiatry services, and sexual assault nurse examiner services. Meriter prides itself on its numerous accolades, such as the Healthgrades Patient Safety Award, being named a top 150 place to work in healthcare, and recognition as one of the best maternity hospitals. The hospital's dedication to excellence extends to its elder care, earning an American Geriatrics Society Help site recognition. Meriter's workforce of 3829 includes diverse leaders recognized in their communities. The hospital also provides essential services like donating sight to recipients through the Lions Eye Bank of Wisconsin. Meriter offers ambulatory healthcare with an emphasis on education, outreach, and referral programs, focusing on wellness and disease prevention. The hospital's adult primary care clinics offer diabetes management services, and health psychology services are available for emotional support.
Official website here: www.unitypoint.org (see sch o)
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
Meriter Hospital Inc has received a commendable Four-Star out of Four Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The high score is derived solely from its robust performance in the Accountability & Finance beacon, indicating that the organization effectively manages its resources and adheres to best practices in governance.
The organization showcases a well-structured board, with 93% of its members being independent, ensuring unbiased oversight. Their financial practices are sound, evidenced by a low liabilities-to-assets ratio and a high percentage of expenses directed toward programs, which highlights their focus on mission-driven activities. Additionally, they have established comprehensive policies regarding conflicts of interest and whistleblower protections, contributing to a culture of integrity.
While the charity demonstrates exemplary financial management and governance, ongoing monitoring and engagement with stakeholders will be essential to maintaining its high standards and addressing any future challenges. Overall, Meriter Hospital Inc stands as a strong example of a nonprofit committed to transparency and effective service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Meriter Hospital Inc legitimate?
Meriter Hospital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Meriter Hospital Inc 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: $12,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $222,821,773
For more financial information, click here
Official website here: www.unitypoint.org (see sch o)
What is the mission statement of Meriter Hospital Inc?
Meriter Hospital Inc is a dedicated not-for-profit community hospital providing comprehensive patient-focused inpatient and outpatient services. The mission of Meriter Hospital is to improve the health of the people and communities they serve. With a 448-bed capacity, they specialize in solutions for various community healthcare needs, including child and adolescent psychiatry services and sexual assault nurse examiner services. Meriter Hospital's commitment to quality care and patient safety has earned them numerous awards, including recognition for patient safety and excellence, top workplace awards, and best maternity hospital designations. They are also recognized for their dedication to elder care and diversity initiatives. Meriter provides educational, outreach, and referral programs, enabling individuals to receive wellness and disease prevention services. Their multidisciplinary teams offer specialized diabetes management services, health psychology services, and educational sessions for school personnel.
Official website here: www.unitypoint.org (see sch o)
Who is the CEO of Meriter Hospital Inc?
James Arnett is the Principal Officer of Meriter Hospital Inc. The CEO's salary of Meriter Hospital Inc is $0 and their total compensation is $566,811.
Official website here: www.unitypoint.org (see sch o)
What is the revenue of Meriter Hospital Inc?
Meriter Hospital Inc's revenue in 2022 was $605,087,481.
Official website here: www.unitypoint.org (see sch o)
Who are the executives of Meriter Hospital Inc and what are their salaries?
The average compensation at Meriter Hospital Inc during 2022 was $58,196. There are 3829 employees and 521 volunteers at Meriter Hospital Inc.
Here are 26 key members and their salaries (Meriter Hospital Inc's CEO's salary is $0 and their total compensation is $566,811):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $300
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $770,752
- Other: $152,817
- Compensation: $0
- Related: $10,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $17,750
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $6,550
- Related: $8,750
- Other: $0
- Compensation: $0
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- 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: $0
- Related: $331,631
- Other: $15,250
- Compensation: $0
- Related: $475,197
- Other: $91,614
- Compensation: $0
- Related: $424,474
- Other: $84,425
- Compensation: $0
- Related: $581,759
- Other: $86,293
- Compensation: $0
- Related: $369,475
- Other: $53,362
- Compensation: $0
- Related: $289,738
- Other: $44,033
- Compensation: $208,344
- Related: $0
- Other: $30,047
- Compensation: $197,808
- Related: $0
- Other: $28,975
- Compensation: $191,151
- Related: $0
- Other: $25,086
- Compensation: $197,690
- Related: $0
- Other: $17,263
- Compensation: $221,310
- Related: $0
- Other: $29,432
- Compensation: $0
- Related: $814,375
- Other: $0
Official website here: www.unitypoint.org (see sch o)
Where can I find the form 990 for Meriter Hospital Inc?
Meriter Hospital Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.unitypoint.org (see sch o)
Learn more at the official website: www.unitypoint.org (see sch o)
Mission Statement of Meriter Hospital Inc
Meriter Hospital Inc, a locally governed community hospital, is dedicated to improving the health of the people and communities it serves. This not-for-profit organization provides a comprehensive array of patient-focused inpatient and outpatient services, striving for quality care and patient safety. Meriter Hospital is renowned for its expertise in various community healthcare needs, offering the region's only available child and adolescent psychiatry services and sexual assault nurse examiner services. The hospital has received numerous accolades, including the Healthgrades Patient Safety Award for delivering safe, high-quality patient care, and recognition as one of the best maternity hospitals. Meriter Hospital's mission extends to addressing diverse healthcare requirements, demonstrating a commitment to the well-being of all individuals. With a focus on delivering quality, Meriter Hospital continues to set the standard for healthcare excellence in its community.
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Impact
October, 2024
Meriter Hospital Inc plays a significant role in enhancing the health and well-being of the Madison community and beyond. With 448 beds, it is equipped to provide a comprehensive range of inpatient and outpatient services tailored to meet diverse health needs.
The hospital stands out as a key provider in crucial areas, such as children's and adolescent psychiatric care, thereby addressing gaps in mental health services within the region. It also excels in maternity care, delivering more babies than any other hospital in Wisconsin and earning recognition as one of the best maternity hospitals in the country.
Patient safety and quality of care are paramount at Meriter, as evidenced by the hospital's accolades, including the Patient Safety Excellence Award from Healthgrades and the Get With The Guidelines Stroke Gold Plus Award from the American Heart Association. Such achievements highlight Meriter's commitment to maintaining high standards of care, even during challenging times.
Meriter's impact extends to its commitment to community health education and outreach. The hospital actively provides wellness and disease prevention programs, offering resources that empower individuals and families to manage their health proactively. Specialized services, such as diabetes management and educational sessions for school personnel on mental health, further demonstrate its dedication to community engagement.
Meriter also fosters a supportive work environment for its employees, recognized as one of the top places to work in healthcare, which reflects its investment in staff well-being and professional growth. This positive workplace culture ultimately contributes to a better experience for patients.
In summary, Meriter Hospital Inc is a vital healthcare institution committed to delivering exceptional patient-centered care, advancing community health initiatives, and fostering an inclusive and supportive environment for both patients and staff.
This information is meant to be a general summary of Meriter Hospital Inc. 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: $42,513,499
- Program Service Revenue: $554,333,455
- Gross Receipts: $856,553,646
Assets and Liabilities:
- Total Assets: $926,629,829
- Total Liabilities: $238,845,582
- Net Assets: $687,784,247
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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
$500,179,127
JOINT OPERATING AGREEMENT
Revenue
$32,056,557
PHARMACY
Revenue
$10,367,345
SUBS & JOINT VENTURES
Revenue
$7,067,214
Organization Details
Founding Year
1898
Phone
(608) 417-6000Principal Officer
James Arnett
Main Address
202 SOUTH PARK STREET, MADISON, WI, 537151596
NTEE Category
Code: E220 - Health
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