Overview
What is Beaumont Health?
Beaumont Health is a Michigan-based non-profit organization that governs the tax-exempt healthcare systems of Botsford General Hospital, Oakwood Healthcare, and William Beaumont Hospital. Through its supervision, Beaumont Health ensures these organizations deliver quality, efficient, and accessible healthcare services in a compassionate manner. They also prioritize offering charity care and community services, making a significant impact on the health and well-being of individuals and families in their service areas. Beaumont Health's role includes strategic planning, financial control, and policy development to enhance the Supported Organizations' effectiveness in providing essential healthcare services.
Official website here: www.beaumont.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 56%, One-Star out of Four Star rating.
Beaumont Health received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization performed well in terms of board independence and governance policies, scoring full points in areas such as independent board size and conflict of interest policy. However, the low overall rating reflects serious issues, particularly in financial efficiency and transparency.
One of the primary weaknesses identified is Beaumont Health's high liabilities to assets ratio, which stands at 100%, suggesting potential financial instability. Additionally, the program expense ratio is only 29.99%, indicating that a minimal portion of its resources is dedicated to its programs, raising concerns about the effectiveness and impact of its initiatives. The absence of its tax form on the nonprofit's website further detracts from its transparency.
Despite the organization’s strong governance policies, these financial shortcomings could hinder its ability to effectively address community health needs. Stakeholders may want to consider these factors carefully when evaluating Beaumont Health’s overall performance and impact in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Beaumont Health legitimate?
Beaumont Health is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beaumont Health 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: $33,005
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.beaumont.org
What is the mission statement of Beaumont Health?
Beaumont Health is a Michigan-based parent corporation overseeing tax-exempt healthcare systems, including Botsford General Hospital, Oakwood Healthcare, and William Beaumont Hospital. Their mission is to ensure the provision of high-quality, efficient, and accessible healthcare services in a caring environment to individuals and families, regardless of their financial circumstances. Through strategic planning, financial control, and programs and policies, Beaumont Health guides its supported organizations to be essential contributors to the overall health and well-being of their communities. Their goal is to enhance the ability of these organizations to continue delivering top-notch healthcare services and making a significant impact on the lives of those they serve.
Official website here: www.beaumont.org
Who is the CEO of Beaumont Health?
Christina Freese Decker is the Principal Officer of Beaumont Health. The CEO's salary of Beaumont Health is $0 and their total compensation is $6,170,136.
Official website here: www.beaumont.org
What is the revenue of Beaumont Health?
Beaumont Health's revenue in 2021 was $92,521,029.
Official website here: www.beaumont.org
Who are the executives of Beaumont Health and what are their salaries?
There 13 volunteers at Beaumont Health.
Here are 21 key members and their salaries (Beaumont Health's CEO's salary is $0 and their total compensation is $6,170,136):
- Compensation: $0
- Related: $3,993,442
- Other: $2,176,694
- Compensation: $0
- Related: $4,468,665
- Other: $397,959
- Compensation: $0
- Related: $428,838
- Other: $57,035
- Compensation: $0
- Related: $222,148
- Other: $90,536
- Compensation: $0
- Related: $170,550
- Other: $0
- Compensation: $33,005
- 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
- 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: $524,858
- Other: $203,481
- Compensation: $0
- Related: $538,804
- Other: $25,364
Official website here: www.beaumont.org
Where can I find the form 990 for Beaumont Health?
Beaumont Health's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.beaumont.org
Learn more at the official website: www.beaumont.org
Mission Statement of Beaumont Health
Beaumont Health, a Michigan-based non-profit corporation, is the guiding force behind the tax-exempt healthcare systems of Botsford General Hospital, Oakwood Healthcare, and William Beaumont Hospital. This parent organization is committed to overseeing and managing these institutions to ensure they continue delivering high-quality, efficient, and accessible healthcare services in compassionate environments. By doing so, Beaumont Health aims to make a significant contribution to the health and well-being of individuals and families, regardless of their financial circumstances in the communities it serves.
Beaumont Health's role extends beyond just managing the day-to-day operations of its supported organizations. It provides long-term strategic planning, financial control, and sets programs and policies that enable these institutions to maintain their focus on providing top-notch healthcare services. By offering charity care and community services, these healthcare providers can extend a helping hand to those in need, ultimately solidifying their essential role in the communities they serve. Through Beaumont Health's leadership, the supported organizations can continue to make a difference in the lives of countless individuals and families.
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Impact
October, 2024
Beaumont Health plays a crucial role in enhancing the healthcare landscape in Michigan. By overseeing and strategically managing its supported organizations—Botsford General Hospital, Oakwood Healthcare, Inc., and William Beaumont Hospital—Beaumont Health ensures the delivery of high-quality, efficient, and accessible medical services. This oversight not only improves healthcare delivery but also fosters an environment of compassionate care.
The organization stands as a pillar of community health, committed to improving the well-being of individuals and families, irrespective of their financial circumstances. Through its provision of charity care and community services, Beaumont Health directly addresses health disparities and supports those in need within the communities it serves. By focusing on long-term strategic planning, financial control, and the implementation of effective programs and policies, Beaumont Health strengthens its supported organizations, ensuring that they can continue to serve as essential contributors to public health.
In sum, Beaumont Health's impact is characterized by its dedication to high-quality healthcare delivery, community engagement, and a commitment to serving all individuals, thereby reinforcing its foundational role in promoting health and wellness across the region.
This information is meant to be a general summary of Beaumont Health. 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 2021.
- Program Service Revenue: $92,521,029
- Gross Receipts: $92,521,029
Assets and Liabilities:
- Total Assets: $815,399,400
- Total Liabilities: $815,399,400
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Prog. Admin Support Sv
Revenue
$92,521,029
Organization Details
Founding Year
2014
Phone
(616) 391-2022Principal Officer
Christina Freese Decker
Main Address
26901 Beaumont Blvd, Southfield, MI, 48033
Website
www.beaumont.orgNTEE Category
Code: E21 - Health
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