Overview
What is Mayo Clinic?
Mayo Clinic is a renowned, not-for-profit medical group practice headquartered in Rochester, Minnesota. With a team of experts, they provide comprehensive, high-quality care to patients, prioritizing their needs above all. Mayo Clinic's mission is to inspire hope and contribute to health and well-being through integrated clinical practice, education, and research. The organization operates in multiple locations across the United States and worldwide, working collaboratively to offer specialized medical care in various fields and provide healthcare-related services and knowledge delivery to the public. Mayo Clinic's approach is consistent, high quality, and employing common governance, shared systems, and standardized policies and procedures. It is overseen by a board of trustees, ensuring it remains dedicated to serving the public's health care needs rather than private benefit. Mayo Clinic has a significant presence in the digital transformation of healthcare and is a top-ranked healthcare organization, delivering care to people from all 50 states and approximately 130 countries.
Official website here: www.mayoclinic.org
What are the reviews and ratings of this charity?
The Mayo Clinic is not currently rated by Charity Navigator, as it lacks certain necessary beacon scores like Accountability & Finance or Impact & Measurement. This absence of a rating doesn't imply a positive or negative judgment, but rather reflects data limitations when appraising the nonprofit's overall performance.
Historically, the Mayo Clinic's evaluations have been focused on Accountability and Finance, highlighting financial transparency and efficiency. The available data indicate that key executives are highly compensated, which is not uncommon for large medical organizations. Mayo Clinic serves as a central entity with a parent status in its organizational hierarchy.
There are currently no user reviews on GreatNonprofits for Mayo Clinic, offering no additional public sentiment or personal experiences to consider. This lack of feedback emphasizes a gap in community-sourced perspectives, which might otherwise shed light on its broader impact and communal engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Mayo Clinic legitimate?
Mayo Clinic is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mayo Clinic 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: $19,794,836
Professional Fundraising Fees: $1,233,879
Other Salaries and Wages: $2,716,487,843
For more financial information, click here
Official website here: www.mayoclinic.org
What is the mission statement of Mayo Clinic?
The Mayo Clinic is a renowned integrated medical group practice dedicated to delivering high-quality, affordable, and compassionate patient care. Its mission is to inspire hope and contribute to health and well-being by providing the best care to every patient through integrated clinical practice, education, and research. The healthcare organization is committed to improving patient outcomes by coordinating existing practice models with transformational initiatives, better engaging patients, supporting patient wellness goals, and helping patients manage chronic illnesses. Mayo Clinic's focus on patient care extends beyond its facilities, collaborating with diverse community members to help community medical providers incorporate practice-based and research-based knowledge to improve overall community health outcomes. Through its comprehensive patient care services, the Mayo Clinic aims to transform the way healthcare is delivered and improve patient quality of life while reducing overall healthcare costs.
Official website here: www.mayoclinic.org
Who is the CEO of Mayo Clinic?
Morice Md William G is the CEO of Mayo Clinic The CEO's salary of Mayo Clinic is $979,922 and their total compensation is $1,068,014.
Official website here: www.mayoclinic.org
What is the revenue of Mayo Clinic?
Mayo Clinic's revenue in 2023 was $7,424,970,925.
Official website here: www.mayoclinic.org
Who are the executives of Mayo Clinic and what are their salaries?
The average compensation at Mayo Clinic during 2023 was $94,212. There are 29044 employees and 374 volunteers at Mayo Clinic.
Here are 77 key members and their salaries (Mayo Clinic's CEO's salary is $979,922 and their total compensation is $1,068,014):
- Compensation: $0
- Related: $4,213,853
- Other: $95,852
- Compensation: $0
- Related: $2,497,385
- Other: $97,748
- Compensation: $0
- Related: $2,486,103
- Other: $88,170
- Compensation: $0
- Related: $1,853,748
- Other: $83,740
- Compensation: $0
- Related: $1,785,236
- Other: $97,398
- Compensation: $0
- Related: $1,824,113
- Other: $50,799
- Compensation: $0
- Related: $1,611,747
- Other: $103,349
- Compensation: $0
- Related: $1,601,782
- Other: $95,873
- Compensation: $1,513,030
- Related: $0
- Other: $89,353
- Compensation: $1,523,588
- Related: $0
- Other: $68,994
- Compensation: $1,491,256
- Related: $0
- Other: $49,170
- Compensation: $1,433,287
- Related: $0
- Other: $45,987
- Compensation: $1,368,740
- Related: $0
- Other: $99,740
- Compensation: $1,359,482
- Related: $0
- Other: $65,364
- Compensation: $1,129,852
- Related: $0
- Other: $79,237
- Compensation: $1,118,928
- Related: $0
- Other: $87,590
- Compensation: $0
- Related: $1,081,879
- Other: $80,108
- Compensation: $0
- Related: $1,066,055
- Other: $91,946
- Compensation: $974,122
- Related: $0
- Other: $94,582
- Compensation: $979,922
- Related: $0
- Other: $88,092
- Compensation: $967,487
- Related: $0
- Other: $81,398
- Compensation: $956,903
- Related: $0
- Other: $84,231
- Compensation: $944,092
- Related: $0
- Other: $89,358
- Compensation: $923,200
- Related: $0
- Other: $73,238
- Compensation: $0
- Related: $848,587
- Other: $86,008
- Compensation: $824,218
- Related: $0
- Other: $90,276
- Compensation: $803,551
- Related: $0
- Other: $98,613
- Compensation: $812,814
- Related: $0
- Other: $85,285
- Compensation: $797,010
- Related: $0
- Other: $75,540
- Compensation: $0
- Related: $808,214
- Other: $44,264
- Compensation: $764,839
- Related: $0
- Other: $84,740
- Compensation: $767,820
- Related: $0
- Other: $79,210
- Compensation: $0
- Related: $743,054
- Other: $87,410
- Compensation: $750,960
- Related: $0
- Other: $73,330
- Compensation: $707,560
- Related: $0
- Other: $83,787
- Compensation: $0
- Related: $716,933
- Other: $58,240
- Compensation: $676,037
- Related: $0
- Other: $81,029
- Compensation: $0
- Related: $712,086
- Other: $40,305
- Compensation: $657,287
- Related: $0
- Other: $76,033
- Compensation: $0
- Related: $656,330
- Other: $66,603
- Compensation: $626,342
- Related: $0
- Other: $81,904
- Compensation: $641,488
- Related: $0
- Other: $43,084
- Compensation: $0
- Related: $613,020
- Other: $60,271
- Compensation: $579,171
- Related: $0
- Other: $83,092
- Compensation: $612,562
- Related: $0
- Other: $43,144
- Compensation: $0
- Related: $568,925
- Other: $66,276
- Compensation: $0
- Related: $563,459
- Other: $70,949
- Compensation: $553,593
- Related: $0
- Other: $65,010
- Compensation: $573,111
- Related: $0
- Other: $41,995
- Compensation: $532,183
- Related: $0
- Other: $78,189
- Compensation: $527,499
- Related: $0
- Other: $65,003
- Compensation: $417,434
- Related: $0
- Other: $81,419
- Compensation: $456,677
- Related: $0
- Other: $39,136
- Compensation: $0
- Related: $404,237
- Other: $91,421
- Compensation: $0
- Related: $385,612
- Other: $76,286
- Compensation: $407,261
- Related: $0
- Other: $43,588
- Compensation: $153,621
- Related: $27,551
- Other: $11,141
- Compensation: $0
- Related: $174,083
- Other: $36,325
- Compensation: $0
- Related: $158,633
- Other: $0
- Compensation: $0
- Related: $140,483
- Other: $0
- Compensation: $0
- Related: $110,892
- Other: $0
- Compensation: $0
- Related: $105,805
- Other: $0
- Compensation: $0
- Related: $20,511
- Other: $0
- Compensation: $0
- Related: $13,595
- Other: $0
- Compensation: $0
- Related: $9,688
- Other: $0
- Compensation: $0
- Related: $6,521
- Other: $0
- Compensation: $0
- Related: $5,978
- Other: $0
- Compensation: $0
- Related: $5,118
- Other: $0
- Compensation: $0
- Related: $1,445
- 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: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mayoclinic.org
Where can I find the form 990 for Mayo Clinic?
Mayo Clinic's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mayoclinic.org
Learn more at the official website: www.mayoclinic.org
Mission Statement of Mayo Clinic
Mayo Clinic, a renowned not-for-profit medical group practice, is dedicated to delivering high-quality, affordable, and compassionate patient care through a team of experts. Their mission is to inspire hope and contribute to health and well-being by providing the best care to every patient, driven by integrated clinical practice, education, and research. The organization's standard of care puts the needs of the patients first, offering a thorough and personal approach to healthcare.
Mayo Clinic's history of collaborative medical expertise is combined with careful attention to individual patient needs, leading to a comprehensive and sustainable medical center dedicated to providing comprehensive diagnosis and treatment in virtually every medical and surgical specialty. Their leadership in patient care, research, and education drives the transformation of healthcare over the next decade, with a focus on digital innovations and new technologies.
By utilizing common governance, shared systems, and standardized policies and procedures, Mayo Clinic strives to provide consistent, high-quality healthcare services and knowledge delivery within every aspect of care. Their 31-member Board of Trustees, comprised of a majority of public members, Mayo physicians, and administrators, ensures the organization remains true to its mission and culture of providing for the healthcare needs of the public, rather than for private benefit.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Mayo Clinic significantly impacts healthcare through its multifaceted approach, emphasizing patient care, research, and education. The organization operates as an integrated medical group, consistently prioritizing the needs of patients to deliver high-quality, affordable, and compassionate care. This commitment is manifest in its collaborative teams of experts who are dedicated to addressing a wide spectrum of medical and surgical specialties.
In its mission to inspire hope and enhance health and well-being, Mayo Clinic serves as a global health leader. In 2022 alone, it recorded approximately 1.4 million patient visits from individuals in all 50 states and around 130 countries, offering specialized and primary care services that cater to diverse populations. The organization is particularly invested in caring for underrepresented groups, providing extensive uncompensated care valued at over $2.9 billion for Medicare and Medicaid patients.
Mayo Clinic's advancements in medical research and education underpin its patient care capabilities. With significant investments in digital healthcare transformation, it is equipped to tackle complex medical challenges while optimizing both patient and clinician experiences. By fostering community-based healthcare through initiatives like the Mayo Clinic Care Network, it extends its expertise to independent healthcare organizations worldwide, promoting quality and evidence-based medical care.
Additionally, Mayo Clinic actively engages in community health initiatives and contributes to local vitality, recognizing that effective patient care flourishes within robust social frameworks. Its library and health information resources enhance public health literacy, making vital healthcare information accessible to patients and the community at large.
Through its unwavering commitment to healthcare excellence, Mayo Clinic not only meets immediate medical needs but also strives to shape the future of health care delivery on a national and global scale.
This information is meant to be a general summary of Mayo Clinic. 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: $366,315,677
- Program Service Revenue: $3,356,722,496
- Gross Receipts: $17,736,970,092
Assets and Liabilities:
- Total Assets: $22,107,639,425
- Total Liabilities: $9,578,170,747
- Net Assets: $12,529,468,678
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT CARE
Revenue
$3,282,830,352
EDUCATION
Revenue
$67,691,094
RESEARCH
Revenue
$6,201,050
Organization Details
Founding Year
1919
Principal Officer
Farrugia Md Gianrico
Website
www.mayoclinic.orgNTEE Category
Code: E21 - Health
If you are a representative of Mayo Clinic and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.