Overview
What is Genesis Health System?
Genesis Health System, located in Eastern Iowa, is a nonprofit healthcare organization with three facilities in Davenport and DeWitt, Iowa. The system consists of Genesis Medical Center in Davenport, with 502 licensed acute care beds and 74,682 patient days, and 225,507 outpatient visits. Genesis Medical Center in DeWitt includes 13 licensed acute care and swing beds, with 1,361 patient days and 28,349 outpatient visits. Genesis Health System also houses a family medicine residency program, dedicated to educating future healthcare professionals. This compassionate organization aims to provide quality healthcare services to all in need, employing a workforce of 4549 individuals.
Official website here: www.genesishealth.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star rating
Genesis Health System has achieved a 96% rating from Charity Navigator, indicating a high level of accountability and financial management. This rating reflects the organization's strong emphasis on maintaining an independent board and sound financial practices, contributing to its exemplary score in this category.
The nonprofit boasts a majority of independent board members, with 61% of its board being independent, and has a well-structured audit and oversight committee. Additionally, it demonstrates transparency with its tax-related documentation and has implemented various policies that ensure ethical governance, including conflict of interest and whistleblower policies.
Despite its strengths, potential supporters should remain aware of the overall financial context in which Genesis Health System operates. Nevertheless, with a program expense ratio of 78.81%, the organization allocates a significant portion of its resources directly to its programs, underscoring its commitment to its mission and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Genesis Health System legitimate?
Genesis Health System is a legitimate nonprofit organization registered as a 501(c)(3) entity. Genesis 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: $4,039,311
Professional Fundraising Fees: $0
Other Salaries and Wages: $227,492,765
For more financial information, click here
Official website here: www.genesishealth.com
What is the mission statement of Genesis Health System?
Genesis Health System is dedicated to delivering compassionate and high-quality health services to all in need. This health system, based in Iowa, operates three hospital facilities, providing essential care to a considerable number of patients each year. Through their unwavering commitment, they attend to approximately 74,000 patient days and 225,000 outpatient visits at their larger facility, and 1,300 patient days and 28,000 outpatient visits at their secondary center. Furthermore, Genesis Health System offers a family medicine residency program, where future healthcare professionals are educated and trained in a hospital setting.
Official website here: www.genesishealth.com
Who is the CEO of Genesis Health System?
Unavailable The CEO's salary of Genesis Health System is $1,224,686 and their total compensation is $1,267,215.
Official website here: www.genesishealth.com
What is the revenue of Genesis Health System?
Genesis Health System's revenue in 2022 was $541,189,562.
Official website here: www.genesishealth.com
Who are the executives of Genesis Health System and what are their salaries?
The average compensation at Genesis Health System during 2022 was $50,897. There are 4549 employees and 138 volunteers at Genesis Health System.
Here are 30 key members and their salaries (Genesis Health System's CEO's salary is $1,224,686 and their total compensation is $1,267,215):
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- Compensation: $1,224,686
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- Other: $42,529
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- Compensation: $364,318
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- Other: $48,774
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- Compensation: $343,054
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- Other: $21,952
- Compensation: $382,346
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- Other: $45,846
- Compensation: $700,822
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- Other: $48,049
- Compensation: $771,583
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- Other: $45,350
- Compensation: $554,127
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- Other: $46,477
- Compensation: $489,366
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- Other: $20,958
- Compensation: $520,969
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- Other: $25,769
- Compensation: $636,834
- Related: $0
- Other: $24,160
- Compensation: $472,853
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- Other: $23,144
- Compensation: $515,382
- Related: $0
- Other: $907,028
- Compensation: $318,744
- Related: $0
- Other: $0
Official website here: www.genesishealth.com
Where can I find the form 990 for Genesis Health System?
Genesis Health System's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.genesishealth.com
Learn more at the official website: www.genesishealth.com
Mission Statement of Genesis Health System
Genesis Health System, a renowned health care provider, is dedicated to delivering compassionate and top-quality health services to those in need. This mission drives the organization to go above and beyond, ensuring that every individual receives the care they deserve.
Genesis Health System's commitment to quality and compassion extends to its operations. With three hospital facilities, the health system provides a comprehensive range of services to cater to various health needs. While the specific locations are unmentioned, the dedication to excellence is evident in the impressive statistics. Genesis Medical Center, with its 502 licensed acute care beds, reported 74,682 patient days and 225,507 outpatient visits. The second facility, Genesis Medical Center - DeWitt, houses 13 licensed acute care and swing beds, serving 1,361 patient days and 28,349 outpatient visits. Furthermore, Genesis Health System is home to a Family Medicine Residency Program, where future healthcare professionals continue their education in the hospital setting.
Genesis Health System's unwavering mission is to provide essential health services to all, regardless of their circumstances. Its team of dedicated professionals work tirelessly to ensure that every patient receives the best possible care, fostering an environment of healing and recovery. By focusing on the unique needs of each individual, Genesis Health System sets itself apart as a compassionate and reliable health care provider.
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Impact
October, 2024
Genesis Health System significantly impacts the community by delivering compassionate and quality healthcare services. Located in eastern Iowa, it operates three hospital facilities: two in Davenport and one in DeWitt. The Genesis Medical Center in Davenport is a substantial facility with 502 licensed acute care beds, contributing to a high volume of healthcare services—recording 74,682 patient days and 225,507 outpatient visits. Meanwhile, the Genesis Medical Center in Dewitt, with its 13 licensed acute care and swing beds, supports a further 1,361 patient days and 28,349 outpatient visits.
In addition to acute care services, Genesis Health System supports the future of healthcare through its Family Medicine Residency Program, which trains residents in a hospital setting, ensuring a steady influx of skilled healthcare providers. This commitment to both immediate and long-term health service provision underscores Genesis Health System's vital role in enhancing community well-being and accessibility to essential medical care.
This information is meant to be a general summary of Genesis 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 2022.
- Investment Income: $10,415,507
- Program Service Revenue: $510,023,398
- Gross Receipts: $1,439,595,127
Assets and Liabilities:
- Total Assets: $919,407,007
- Total Liabilities: $340,460,195
- Net Assets: $578,946,812
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OUTPATIENT REVENUE
Revenue
$820,420,209
INPATIENT REVENUE
Revenue
$547,272,926
CLINIC/NURSING REVENUE
Revenue
$138,573,623
HOME HEALTH SERVICES
Revenue
$26,353,599
PROFESSIONAL HEALTH SERVICES
Revenue
$16,631,852
Organization Details
Founding Year
1994
Phone
(563) 421-6508Main Address
1227 E Rusholme Street, Davenport, IA, 52803
Website
www.genesishealth.comNTEE Category
Code: E20 - Health
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