Overview
What is Meriter Health Services Inc?
Meriter Health Services Inc, situated in Madison, Wisconsin, is a renowned, community-governed, not-for-profit healthcare organization. With a vision to offer exceptional healthcare experiences to all, Meriter employs over 8 individuals and collaborates with local partners to address community health needs. Committed to the motto of 'Heal this day, teach for tomorrow, embrace excellence always, serve our communities for a lifetime of quality healthcare,' Meriter provides comprehensive support to Meriter Hospital, Meriter Medical Group, Meriter Home Health, and Meriter Labs. The organization's mission is to enhance the health of the people and communities it serves, demonstrating its dedication to continuous improvement and community care.
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What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
Meriter Health Services Inc has received a One-Star rating from Charity Navigator, indicating concerns regarding its overall accountability and financial management. The charity performed well in governance-related areas, showing strong independence among board members and having solid policies in place for conflict of interest, whistleblowing, and document retention. However, the organization's financial metrics reveal significant issues that have affected its rating.
The charity's program expense ratio is notably low at 17.80%, suggesting that a minimal portion of its budget is allocated directly to programs and services. Additionally, the liabilities to assets ratio of 0.40% raises concerns about its financial stability and ability to manage its obligations effectively. This lack of financial transparency has contributed to its low score, as reflected in the missing posting of tax forms on its website, which further detracts from its accountability.
Overall, while Meriter Health Services Inc demonstrates strong governance practices, the financial management and allocation of resources need considerable improvement to enhance its rating and community trust.
This AI summary has been generated from information found on Charity Navigator.
Is Meriter Health Services Inc legitimate?
Meriter Health Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Meriter Health Services 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: $3,020,990
Professional Fundraising Fees: $0
Other Salaries and Wages: -$304,815
For more financial information, click here
Official website here: www.unitypoint.org (see sch o)
What is the mission statement of Meriter Health Services Inc?
Meriter Health Services Inc is committed to improving the health of the individuals and communities they serve. Their mission is to provide the best healthcare experience to everyone they serve, embracing excellence at all times. They are a collaborative organization, working closely with other healthcare partners to address the healthcare needs of their community. Meriter Health Services Inc is known for its dedication to providing comprehensive healthcare services, including Meriter Hospital, Meriter Medical Group, Meriter Home Health, and Meriter Labs. Their activities are focused on enhancing the well-being of their patients and promoting health in their communities for a lifetime.
Official website here: www.unitypoint.org (see sch o)
Who is the CEO of Meriter Health Services Inc?
James Arnett is the Principal Officer of Meriter Health Services Inc. The CEO's salary of Meriter Health Services Inc is $475,198 and their total compensation is $566,812.
Official website here: www.unitypoint.org (see sch o)
What is the revenue of Meriter Health Services Inc?
Meriter Health Services Inc's revenue in 2022 was $4,085,322.
Official website here: www.unitypoint.org (see sch o)
Who are the executives of Meriter Health Services Inc and what are their salaries?
The average compensation at Meriter Health Services Inc during 2022 was $339,522. There are 8 employees and 25 volunteers at Meriter Health Services Inc.
Here are 21 key members and their salaries (Meriter Health Services Inc's CEO's salary is $475,198 and their total compensation is $566,812):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $300
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $438,686
- Related: $332,066
- 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: $6,250
- Related: $9,050
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $331,631
- Other: $15,250
- Compensation: $475,198
- Related: $0
- Other: $91,614
- Compensation: $424,473
- Related: $0
- Other: $84,425
- Compensation: $581,759
- Related: $0
- Other: $86,293
- Compensation: $369,475
- Related: $0
- Other: $53,361
- Compensation: $289,738
- Related: $0
- Other: $44,033
- 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 Health Services Inc?
Meriter Health Services 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 Health Services Inc
Meriter Health Services Inc, a not-for-profit organization, is committed to enhancing the health of the people and communities it serves. With a vision to provide the best total healthcare experience to everyone, Meriter demonstrates a dedication to collaboration with other healthcare partners to address the community's healthcare needs. Its mission, in essence, is to heal individuals today while preparing them for a healthier tomorrow, embodying excellence throughout its services. Meriter Health Services Inc's philosophy is to serve its communities for a lifetime, ensuring the delivery of quality healthcare to all it serves.
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Impact
July, 2024
Meriter Health Services Inc plays a crucial role in providing comprehensive healthcare services to the community of Madison, Wisconsin. As one of the largest private employers in the area, Meriter Health Services Inc is dedicated to improving the health of individuals and communities. Through its various entities such as Meriter Hospital, Meriter Medical Group, Meriter Home Health, and Meriter Labs, the organization strives to provide the best total healthcare experience to everyone it serves. The collaborative efforts of Meriter Health Services Inc with other healthcare partners demonstrate its commitment to addressing the healthcare needs of the community. Overall, Meriter Health Services Inc's impact lies in its mission to promote quality healthcare and contribute to the well-being of individuals and the community.
This information is meant to be a general summary of Meriter Health Services 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: $340,768
- Program Service Revenue: $3,744,554
- Gross Receipts: $4,085,322
Assets and Liabilities:
- Total Assets: $717,079,189
- Total Liabilities: $2,919,538
- Net Assets: $714,159,651
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$3,744,554
Organization Details
Founding Year
1898
Phone
(608) 417-6000Principal Officer
James Arnett
Main Address
202 SOUTH PARK STREET, MADISON, WI, 537151596
NTEE Category
Code: E210 - Health
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