Overview
What is Lester E Cox Medical Centers?
Lester E Cox Medical Centers is a community-owned, non-profit hospital based in Springfield, Missouri, with a significant employee count of 12,713. This organization is committed to providing essential healthcare services for underinsured and uninsured individuals within their communities. Their comprehensive initiatives include short-falls in reimbursement and charity care, community outreach services such as education, health screenings, support groups, and immunizations, healthcare professionals' education and research, and foundation grants, financial contributions, and in-kind donations. The hospital also operates Cox College, a private, non-profit institution accredited to offer academic programming in various allied health fields. Their mission is to enhance the health of the communities they serve through quality healthcare, education, and research.
Official website here: www.coxhealth.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star rating
Lester E Cox Medical Centers has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The rating is based solely on their accountability and finance beacon score, which indicates that the organization adheres to high standards in financial management and oversight.
The organization boasts a majority of independent board members, ensuring unbiased governance. With 66% of board members being independent, along with a fully audited financial statement and robust policies in place for conflict of interest and whistleblowing, Lester E Cox Medical Centers demonstrates a solid framework for responsible management. Their program expense ratio is also impressive at 86.01%, showing that the majority of funds are directed towards their programs and services.
However, while the data reveals strong financial practices, details regarding the impact of their programs and services on the community are not provided. This lack of information could limit comprehensive assessments of their overall effectiveness and outreach in meeting community needs.
This AI summary has been generated from information found on Charity Navigator.
Is Lester E Cox Medical Centers legitimate?
Lester E Cox Medical Centers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lester E Cox Medical Centers 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: $3,515,281
Professional Fundraising Fees: $0
Other Salaries and Wages: $487,533,616
For more financial information, click here
Official website here: www.coxhealth.com
What is the mission statement of Lester E Cox Medical Centers?
The Lester E Cox Medical Centers are dedicated to enhancing the health of the communities they serve. Their mission is to deliver quality healthcare, education, and research to improve community health. As a community-owned, non-profit hospital, they cater to the needs of vulnerable populations, including the underinsured and uninsured. In 2022, they reported a total community benefit of over $1.22 billion system-wide, encompassing shortfalls in reimbursement and charity care, community outreach services, health professionals' education and research, and foundation grants. Their commitment to the community extends beyond hospital services, as they also operate Cox College, a private, non-profit educational institution offering academic programming in various allied health fields.
Official website here: www.coxhealth.com
Who is the CEO of Lester E Cox Medical Centers?
Unavailable The CEO's salary of Lester E Cox Medical Centers is $0 and their total compensation is $438,195.
Official website here: www.coxhealth.com
What is the revenue of Lester E Cox Medical Centers?
Lester E Cox Medical Centers's revenue in 2022 was $1,579,841,659.
Official website here: www.coxhealth.com
Who are the executives of Lester E Cox Medical Centers and what are their salaries?
The average compensation at Lester E Cox Medical Centers during 2022 was $38,626. There are 12713 employees and 16 volunteers at Lester E Cox Medical Centers.
Here are 37 key members and their salaries (Lester E Cox Medical Centers's CEO's salary is $0 and their total compensation is $438,195):
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $475,816
- Other: $18,038
- Compensation: $0
- Related: $1,586,625
- Other: $18,038
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $434,598
- Related: $0
- Other: $47,225
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $986,042
- Other: $214,862
- Compensation: $0
- Related: $364,546
- Other: $73,649
- Compensation: $0
- Related: $1,973,321
- Other: $323,705
- Compensation: $0
- Related: $68,896
- Other: $11,409
- Compensation: $265,040
- Related: $0
- Other: $22,132
- Compensation: $214,416
- Related: $0
- Other: $19,029
- Compensation: $178,249
- Related: $0
- Other: $16,075
- Compensation: $0
- Related: $261,420
- Other: $32,954
- Compensation: $200,902
- Related: $200,903
- Other: $82,562
- Compensation: $217,135
- Related: $0
- Other: $19,955
- Compensation: $255,668
- Related: $0
- Other: $10,523
- Compensation: $236,960
- Related: $0
- Other: $21,197
- Compensation: $174,017
- Related: $0
- Other: $22,792
- Compensation: $552,109
- Related: $0
- Other: $49,592
- Compensation: $198,823
- Related: $0
- Other: $23,189
- Compensation: $671,510
- Related: $0
- Other: $32,188
- Compensation: $690,125
- Related: $0
- Other: $49,977
- Compensation: $803,327
- Related: $0
- Other: $32,213
- Compensation: $733,877
- Related: $0
- Other: $30,815
- Compensation: $687,227
- Related: $0
- Other: $8,789
- Compensation: $228,243
- Related: $0
- Other: $32,602
- Compensation: $195,443
- Related: $0
- Other: $24,968
Official website here: www.coxhealth.com
Where can I find the form 990 for Lester E Cox Medical Centers?
Lester E Cox Medical Centers's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coxhealth.com
Learn more at the official website: www.coxhealth.com
Mission Statement of Lester E Cox Medical Centers
Lester E Cox Medical Centers, a community-owned, non-profit hospital, is dedicated to improving the health of the communities it serves. Through quality healthcare, education, and research, the organization strives to address the unique needs of some of the most vulnerable populations - the underinsured and uninsured (Activity or Mission Description).
The mission of Lester E Cox Medical Centers is clear: to enhance the health of the communities it serves through the provision of top-notch healthcare, education, and research (Mission Description). In practice, this means offering a range of essential services to meet the needs of underserved individuals. The hospital's community benefit totaled an impressive $1,223,983,404 system-wide, with categories including short-falls in reimbursement and charity care, community outreach services, health professionals education and research, and foundation grants, financial contributions, and in-kind donations (Desc).
By focusing on these areas, Lester E Cox Medical Centers is able to provide vital services to those who might otherwise go without. The organization's commitment extends beyond basic healthcare, with community outreach initiatives such as education, health screenings, support groups, and immunizations. Additionally, Lester E Cox Medical Centers invests in the education and research of future healthcare professionals through its Cox College, a private, non-profit single-purpose college accredited to offer academic programming in various allied health fields. Together, these efforts reinforce the organization's dedication to fostering healthier communities.
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Impact
October, 2024
Lester E. Cox Medical Centers significantly impacts the health and well-being of the communities it serves by providing quality healthcare, education, and research initiatives. The organization addresses the needs of some of the most vulnerable populations, including the underinsured and uninsured, ensuring access to essential medical services.
In the past year, the community benefit provided by Cox Medical Centers reached over $1.2 billion. This impressive figure reflects a commitment to covering shortfalls in reimbursement and charitable care. The organization extends its reach through community outreach services, offering health screenings, immunizations, and support groups to educate and empower residents about their health.
Cox Medical Centers also plays a vital role in developing future healthcare professionals through educational programs, including the Cox Family Medicine Residency and various allied health profession schools. By investing in healthcare education and research, Cox contributes not only to immediate patient care but also to the long-term improvement of health outcomes in the region.
In addition, the operation of Cox College, which offers academic programming in allied health fields, reinforces the organization’s dedication to enhancing healthcare quality through training and education. Overall, Lester E. Cox Medical Centers serves as a cornerstone of health improvement in Springfield, Missouri, fostering a healthier community through its various initiatives and programs.
This information is meant to be a general summary of Lester E Cox Medical Centers. 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: $49,520,326
- Program Service Revenue: $1,447,887,706
- Gross Receipts: $1,694,222,024
Assets and Liabilities:
- Total Assets: $1,842,947,814
- Total Liabilities: $796,226,092
- Net Assets: $1,046,721,722
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE REVENUE
Revenue
$1,377,925,951
NET PATIENT SERVICE - UNRELATED LAB
Revenue
$814,860
NET PATIENT SERVICE - UNRELATED RETAIL D
Revenue
$73,339
TUITION AND FEES
Revenue
$12,983,464
FITNESS CENTERS
Revenue
$1,541,032
Organization Details
Founding Year
1923
Phone
(417) 269-3000Main Address
1423 N JEFFERSON ST, SPRINGFIELD, MO, 65802
Website
www.coxhealth.comNTEE Category
Code: E220 - Health
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