Overview
What is Hennepin Healthcare System Inc?
Hennepin Healthcare System Inc, also known as Hennepin Healthcare, is a renowned healthcare organization based in Minneapolis, Minnesota. With a comprehensive clinic system, a level 1 adult and pediatric trauma center, and a medical center featuring the largest emergency department in Minnesota, Hennepin Healthcare provides exceptional patient care. The system also includes an EMS service and nurse home visiting program. Hennepin Healthcare is recognized for its leadership in medical education, emergency preparedness, research, and compassionate care in numerous medical specialties. The organization operates a hospital with a capacity of 894 beds and 65 bassinets, 452 of which are available, along with 10 primary care clinics and 34 specialty care clinics. Hennepin Healthcare employs approximately 910 providers, 243 residents, and 151 pharmacists in nine pharmacy locations. As a major employer and economic engine in Hennepin County, Minnesota, the organization reaffirms its commitment to partnering with the community, patients, and their families to ensure access to outstanding care for everyone, while improving health and wellness through teaching, patient and community education, and research. Hennepin Healthcare invests in training and supporting its team members to serve the entire community, believing that equity is essential for optimal health outcomes. The organization works to eliminate barriers to access due to racism or any other consequence of social position or socially influenced circumstances experienced by historically marginalized and socioeconomically disadvantaged persons and those who are uninsured, indigent, and members of other vulnerable populations.
Official website here: www.hennepinhealthcare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 85% - Three-Star out of Four Star rating
Hennepin Healthcare System Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. This score reflects a strong commitment to transparency and effective management of resources, as the overall score is based entirely on accountability metrics. The organization has achieved an impressive 85% in this category, showcasing good practices in financial oversight and governance.
One of the notable strengths of Hennepin Healthcare is its governance structure, which includes a majority of independent board members. With 66% of its board being independent, the organization demonstrates a commitment to avoiding conflicts of interest. Furthermore, all key policies related to financial management, such as conflict of interest and whistleblower policies, are in place and well executed, which helps build trust with donors and stakeholders.
Despite its strong performance in accountability, there aren't extensive details on programmatic outcomes or impact, which could provide a fuller picture of the charity's effectiveness. Nevertheless, the high program expense ratio of 87.05% indicates that a significant portion of its funding is utilized directly for its programs, further reinforcing its responsible financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Hennepin Healthcare System Inc legitimate?
Hennepin Healthcare System Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hennepin Healthcare System 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: $6,059,657
Professional Fundraising Fees: $0
Other Salaries and Wages: $710,666,036
For more financial information, click here
Official website here: www.hennepinhealthcare.org
What is the mission statement of Hennepin Healthcare System Inc?
Hennepin Healthcare System Inc is committed to working with their community, patients, and their families to ensure access to exceptional healthcare for all. Their mission is to provide outstanding care, search for new ways to improve care, educate future healthcare providers, and ensure access to healthcare for every individual. Hennepin Healthcare System aims to improve health and wellness for their patients through teaching, patient and community education, and research. They strive to deliver the best possible care to every patient and look for innovative approaches to enhance care for tomorrow. Additionally, they are dedicated to educating the next generation of healthcare providers and ensuring equitable access to healthcare for everyone.
Official website here: www.hennepinhealthcare.org
Who is the CEO of Hennepin Healthcare System Inc?
Jennifer Decubellis Ma is the CEO of Hennepin Healthcare System Inc The CEO's salary of Hennepin Healthcare System Inc is $1,043,495 and their total compensation is $1,118,462.
Official website here: www.hennepinhealthcare.org
What is the revenue of Hennepin Healthcare System Inc?
Hennepin Healthcare System Inc's revenue in 2023 was $1,554,670,883.
Official website here: www.hennepinhealthcare.org
Who are the executives of Hennepin Healthcare System Inc and what are their salaries?
The average compensation at Hennepin Healthcare System Inc during 2023 was $84,500. There are 8482 employees and 178 volunteers at Hennepin Healthcare System Inc.
Here are 30 key members and their salaries (Hennepin Healthcare System Inc's CEO's salary is $1,043,495 and their total compensation is $1,118,462):
- Compensation: $544,099
- Related: $0
- Other: $40,510
- Compensation: $553,829
- Related: $0
- Other: $57,321
- Compensation: $1,043,495
- Related: $0
- Other: $74,967
- Compensation: $0
- Related: $116,511
- Other: $27,492
- Compensation: $0
- Related: $114,631
- Other: $27,042
- 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
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $583,983
- Related: $0
- Other: $52,100
- Compensation: $423,634
- Related: $0
- Other: $52,596
- Compensation: $34,681
- Related: $0
- Other: $3,634
- Compensation: $357,507
- Related: $0
- Other: $58,467
- Compensation: $480,142
- Related: $0
- Other: $41,603
- Compensation: $227,822
- Related: $0
- Other: $28,709
- Compensation: $359,756
- Related: $0
- Other: $61,281
- Compensation: $164,946
- Related: $0
- Other: $22,306
- Compensation: $236,820
- Related: $0
- Other: $46,525
- Compensation: $459,838
- Related: $0
- Other: $52,721
- Compensation: $829,990
- Related: $0
- Other: $54,507
- Compensation: $845,292
- Related: $0
- Other: $54,507
- Compensation: $830,000
- Related: $0
- Other: $31,108
- Compensation: $1,144,069
- Related: $0
- Other: $48,636
- Compensation: $1,134,704
- Related: $0
- Other: $54,507
Official website here: www.hennepinhealthcare.org
Where can I find the form 990 for Hennepin Healthcare System Inc?
Hennepin Healthcare System Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hennepinhealthcare.org
Learn more at the official website: www.hennepinhealthcare.org
Mission Statement of Hennepin Healthcare System Inc
Hennepin Healthcare System, a dedicated nonprofit organization, is committed to collaborating with their community, patients, and their families to deliver exceptional healthcare for all. Their mission is twofold: first, they ensure access to outstanding care for every individual, and second, they strive for continuous health and wellness improvements through teaching, patient and community education, and research.
In practice, Hennepin Healthcare System endeavors to offer the best possible care to each patient that walks through their doors. They are persistent in seeking new methods to enhance the quality of care, focusing on the advancements that will shape healthcare tomorrow. Moreover, they invest in educating future healthcare providers to uphold their mission and expand the reach of quality healthcare. Lastly, they are dedicated to securing access to healthcare for all, ensuring no one is left behind in their quest for optimal health and wellbeing.
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Impact
October, 2024
Hennepin Healthcare System Inc. plays a vital role in enhancing community health and wellness in Minneapolis and the surrounding areas. The organization is renowned for its comprehensive care offerings, which include the state’s largest emergency department, a level 1 adult and pediatric trauma center, and an extensive network of primary and specialty care clinics. This diverse range of services positions Hennepin Healthcare as a critical provider of medical care for individuals facing acute and chronic health challenges.
Through its commitment to education and research, Hennepin Healthcare is not only focused on treating patients but also on training the next generation of healthcare providers. By partnering with various community organizations, Hennepin Healthcare actively addresses health disparities, prioritizing support for historically marginalized populations, including Black, Indigenous, and other vulnerable groups. This holistic approach seeks to eliminate barriers to care that are often rooted in socioeconomic disadvantages and systemic inequities.
Additionally, Hennepin Healthcare's emphasis on teaching and community education helps empower individuals with knowledge about their health, fostering a culture of wellness and preventive care. The organization’s efforts to innovate within the healthcare delivery system further enhance its capacity to provide high-quality, compassionate care tailored to the diverse needs of the community.
As a significant employer and economic engine in Hennepin County, Hennepin Healthcare not only contributes to the local economy but also strengthens the community’s overall health infrastructure. Through its services and initiatives, Hennepin Healthcare System Inc. exemplifies the impact of a healthcare system dedicated to ensuring access to outstanding care for all, while continuously striving to improve health outcomes across the region.
This information is meant to be a general summary of Hennepin Healthcare System 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 2023.
- Investment Income: $1,709,154
- Program Service Revenue: $1,437,356,941
- Gross Receipts: $1,555,586,159
Assets and Liabilities:
- Total Assets: $808,614,378
- Total Liabilities: $752,048,072
- Net Assets: $56,566,306
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICARE/MEDICAID/MHP (MA)/MGD CA
Revenue
$897,332,209
MANAGED CARE - COMMERCIAL
Revenue
$331,889,996
RETAIL PHARMACY REVENUE
Revenue
$155,331,086
UPPER PAYMENT LIMIT REVENUE
Revenue
$38,164,028
OTHER OPERATING REVENUE
Revenue
$14,639,622
Organization Details
Founding Year
2007
Principal Officer
Jennifer Decubellis
Website
www.hennepinhealthcare.orgNTEE Category
Code: E220 - Health
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