Overview
What is Regions Hospital?
Regions Hospital, located in Minneapolis, Minnesota, is a prominent nonprofit healthcare provider with a team of over 7,300 employees. Their mission is to enhance the health of their patients and community by delivering top-notch healthcare services that cater to the diverse needs of all individuals. The hospital's vision is to be the preferred choice for patient-centered care in their community. Regions Hospital's activities encompass a wide range of services aimed at improving overall health and wellbeing.
Official website here: www.regionshospital.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Regions Hospital has achieved a high rating of 96% from Charity Navigator, indicating a strong level of accountability and financial management. The score reflects the organization’s solid performance in various categories, particularly in its financial oversight and governance practices. The charity benefits from an independent board, with a majority of its members meeting the independence criteria, which enhances its operational integrity.
The fiscal responsibility of Regions Hospital is highlighted by its impressive program expense ratio of 91.84%, showing that a significant portion of its funding is allocated directly to its programs. Additionally, the organization has established various policies, including a conflict of interest and a whistleblower policy, which demonstrate its commitment to ethical governance and transparency.
While Regions Hospital shows exemplary accountability practices, the focus on financial health alone does not provide a complete picture of its impact in the community. Potential donors may seek more insights into the actual outcomes of its programs and services. Nonetheless, the organization's high ratings suggest it is a trustworthy option for those looking to support health-related initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Regions Hospital legitimate?
Regions Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Regions 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: $1,950,678
Professional Fundraising Fees: $0
Other Salaries and Wages: $477,532,200
For more financial information, click here
Official website here: www.regionshospital.com
What is the mission statement of Regions Hospital?
Regions Hospital is dedicated to enhancing the health of patients and the community by delivering top-notch healthcare services. Their mission is to provide healthcare that caters to the needs of all people, aiming to be the preferred choice for patients. The hospital's commitment extends beyond individual patients, as they envision being the patient-centered healthcare provider of their community. Their goal is to improve the overall health and wellbeing of those they serve.
Official website here: www.regionshospital.com
What is the revenue of Regions Hospital?
Regions Hospital's revenue in 2023 was $1,059,136,492.
Official website here: www.regionshospital.com
Who are the executives of Regions Hospital and what are their salaries?
The average compensation at Regions Hospital during 2023 was $64,927. There are 7385 employees and 291 volunteers at Regions Hospital.
Here are 37 key members and their salaries:
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- Related: $535,290
- Other: $100,863
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- Related: $290,532
- Other: $89,669
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- Related: $965,209
- Other: $314,288
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- Related: $2,738,020
- Other: $892,297
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- Related: $1,383,266
- Other: $284,988
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- Related: $897,009
- Other: $58,656
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- Compensation: $0
- Related: $999,887
- Other: $169,547
- Compensation: $255,513
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- Other: $47,452
- Compensation: $317,545
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- Other: $40,401
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- Related: $574,234
- Other: $112,052
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- Related: $411,732
- Other: $66,856
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- Related: $730,568
- Other: $113,054
- Compensation: $423,586
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- Other: $64,029
- Compensation: $282,887
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- Other: $36,089
- Compensation: $0
- Related: $811,272
- Other: $238,674
- Compensation: $353,358
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- Other: $62,962
- Compensation: $282,265
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- Other: $47,188
- Compensation: $409,934
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- Other: $64,811
- Compensation: $409,116
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- Other: $64,799
- Compensation: $406,663
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- Other: $64,760
- Compensation: $317,244
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- Other: $49,345
- Compensation: $276,819
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- Other: $55,200
- Compensation: $313,382
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- Other: $49,364
- Compensation: $319,807
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- Other: $62,106
- Compensation: $288,483
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- Other: $54,438
- Compensation: $458,283
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- Other: $24,623
- Compensation: $0
- Related: $179,908
- Other: $46,240
Official website here: www.regionshospital.com
Where can I find the form 990 for Regions Hospital?
Regions Hospital's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.regionshospital.com
Learn more at the official website: www.regionshospital.com
Mission Statement of Regions Hospital
Regions Hospital, a leading nonprofit healthcare provider, is dedicated to enhancing the health and wellbeing of its patients and the community. With a strong commitment to delivering top-tier healthcare services, Regions Hospital strives to meet the needs of every individual. In line with its mission, the organization envisions becoming the preferred patient-centered hospital of choice in the community.
At the heart of Regions Hospital's mission lies its unwavering dedication to providing high-quality healthcare. The team at Regions Hospital understands that each patient's needs are unique, and they work tirelessly to ensure that their care reflects that. By focusing on the individual needs of its patients, Regions Hospital not only improves health outcomes but also fosters a deep sense of trust and comfort within its community.
Regions Hospital's vision extends beyond individual patient care. It aspires to be the go-to healthcare provider for the community at large. By maintaining a patient-centered approach, the organization continues to build strong relationships with its patients, ensuring that they receive the best possible care throughout their healthcare journey. Through its commitment to excellence, Regions Hospital continues to make a positive impact on the lives of countless individuals and families.
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Impact
October, 2024
Regions Hospital plays a vital role in enhancing the health of both its patients and the broader community. By providing high-quality healthcare services, the hospital addresses the diverse health needs of all individuals, ensuring access to care for everyone. Its commitment to patient-centered care not only improves individual health outcomes but also fosters a sense of trust and relationship within the community. As a cornerstone of local health services in Minneapolis, Regions Hospital aims to be the hospital of choice for its residents, focusing on excellence in healthcare delivery and supporting the overall well-being of the population it serves. The hospital’s initiatives and programs are designed to meet the varying health challenges faced by the community, making a significant impact on public health in the region.
This information is meant to be a general summary of Regions 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 2023.
- Investment Income: $23,020,458
- Program Service Revenue: $1,025,302,091
- Gross Receipts: $1,059,450,178
Assets and Liabilities:
- Total Assets: $1,088,798,516
- Total Liabilities: $363,324,533
- Net Assets: $725,473,983
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICES
Revenue
$961,529,116
CONTRACT REVENUE
Revenue
$39,979,718
MEDICAL RETAIL
Revenue
$19,965,964
CAFETERIA
Revenue
$2,716,831
PARKING
Revenue
$1,110,462
Organization Details
Founding Year
1986
Principal Officer
Megan M Remark
Website
www.regionshospital.comNTEE Category
Code: E220 - Health
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