Overview
What is Grace Medical Center Inc?
Grace Medical Center Inc, located within Bon Secours Baltimore Health System, is a nonprofit organization dedicated to providing compassionate and quality health care for all residents in west Baltimore. Their mission goes beyond treating patients; they offer community-based services aimed at improving the overall health and wellbeing of the area. With a focus on serving those in need, particularly the disadvantaged and low-income populations, Grace Medical Center ensures that socio-economic status does not hinder access to essential healthcare services.
Official website here: www.lifebridgehealth.org/grace/grace.aspx
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
Grace Medical Center Inc has achieved an 81% overall score, reflecting a solid performance in both accountability and financial management. The organization has a high percentage of independent board members and demonstrates effective governance practices, which contribute positively to its credibility and operational integrity. Their financial statements are well-audited, and they have no material diversion of assets, showcasing a commitment to transparency.
Strengths highlighted in user feedback include a strong program expense ratio of 82.31%, indicating that a significant portion of their funds is directed towards programs rather than administrative costs. The presence of comprehensive policies such as conflict of interest and whistleblower protections further underscores their commitment to ethical standards. Additionally, their website is appropriately listed on tax forms, enhancing public access to information.
However, while the organization shows strong governance and program efficiency, the three-star rating suggests there is room for improvement. Engaging with stakeholders and increasing community outreach could enhance their overall impact and visibility, ultimately contributing to an even higher rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Grace Medical Center Inc legitimate?
Grace Medical Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Medical Center 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: $1,028,023
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,860,035
For more financial information, click here
Official website here: www.lifebridgehealth.org/grace/grace.aspx
What is the mission statement of Grace Medical Center Inc?
Grace Medical Center Inc is dedicated to delivering quality, compassionate healthcare services to all individuals, regardless of their socio-economic status or ability to pay. The organization's mission is to enhance community health by providing caring healthcare services. With a strong commitment to serving those in need, the center places a special focus on assisting the underprivileged population. The provision of healthcare is approached with compassion and a desire to make a positive impact on people's lives. Grace Medical Center Inc works to ensure that everyone has access to essential medical care, striving to improve overall community health.
Official website here: www.lifebridgehealth.org/grace/grace.aspx
Who is the CEO of Grace Medical Center Inc?
Daniel Blum is the President & Coo Sinai & Grace of Grace Medical Center Inc. The CEO's salary of Grace Medical Center Inc is $0 and their total compensation is $3,163,301.
Official website here: www.lifebridgehealth.org/grace/grace.aspx
What is the revenue of Grace Medical Center Inc?
Grace Medical Center Inc's revenue in 2022 was $23,241,096.
Official website here: www.lifebridgehealth.org/grace/grace.aspx
Who are the executives of Grace Medical Center Inc and what are their salaries?
The average compensation at Grace Medical Center Inc during 2022 was $29,250. There are 509 employees and 4 volunteers at Grace Medical Center Inc.
Here are 18 key members and their salaries (Grace Medical Center Inc's CEO's salary is $0 and their total compensation is $3,163,301):
- Compensation: $0
- Related: $3,103,147
- Other: $60,154
- Compensation: $0
- Related: $1,586,119
- Other: $227,190
- Compensation: $0
- Related: $908,657
- Other: $145,235
- Compensation: $0
- Related: $921,795
- Other: $103,756
- Compensation: $0
- Related: $835,822
- Other: $161,645
- Compensation: $0
- Related: $401,095
- Other: $73,792
- Compensation: $429,230
- Related: $0
- Other: $30,286
- Compensation: $351,353
- Related: $0
- Other: $30,790
- Compensation: $336,284
- Related: $0
- Other: $31,049
- Compensation: $333,339
- Related: $0
- Other: $11,503
- Compensation: $293,798
- Related: $0
- Other: $30,430
- Compensation: $274,232
- Related: $0
- Other: $29,748
- Compensation: $283,699
- Related: $0
- Other: $2,746
- Compensation: $217,889
- Related: $0
- Other: $26,390
- 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.lifebridgehealth.org/grace/grace.aspx
Where can I find the form 990 for Grace Medical Center Inc?
Grace Medical Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lifebridgehealth.org/grace/grace.aspx
Learn more at the official website: www.lifebridgehealth.org/grace/grace.aspx
Mission Statement of Grace Medical Center Inc
Grace Medical Center Inc is a noble organization dedicated to supplying top-notch, compassionate healthcare services to the community. The mission of this center is to extend a helping hand to all individuals, irrespective of their socio-economic status and ability to pay. With a strong commitment towards improving the health and well-being of people, Grace Medical Center Inc goes above and beyond to provide comprehensive, compassionate healthcare.
In practice, this mission translates to offering accessible healthcare services that cater to the unique needs of community members. Grace Medical Center Inc understands that healthcare should not be a luxury, but a fundamental right for all. In pursuit of this goal, the center provides services with a caring and respectful approach, ensuring that each patient receives the best possible care.
Moreover, Grace Medical Center Inc is deeply rooted in the belief that quality healthcare should be accessible to everyone, regardless of their financial circumstances. The organization's unwavering dedication to this principle sets it apart as a beacon of hope for those in need, offering them the chance to regain their health and vitality. By offering accessible and affordable healthcare services, Grace Medical Center Inc is making a tangible difference in the lives of countless individuals and families every day.
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Impact
October, 2024
Grace Medical Center Inc significantly enhances the well-being of the Baltimore community by delivering compassionate, quality health care and community-based services. Its mission focuses on improving community health and promoting wholeness, particularly for underserved populations. By ensuring access to healthcare services for all, regardless of socio-economic status or ability to pay, Grace Medical Center plays a crucial role in addressing health disparities. The center’s commitment to serving the most vulnerable individuals fosters a healthier community and strengthens overall health outcomes in West Baltimore.
This information is meant to be a general summary of Grace Medical Center 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 2022.
- Investment Income: -$337,361
- Program Service Revenue: $21,402,433
- Gross Receipts: $23,799,704
Assets and Liabilities:
- Total Assets: $106,741,883
- Total Liabilities: $90,324,904
- Net Assets: $16,416,979
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENUE
Revenue
$21,402,433
Organization Details
Founding Year
1920
Phone
(410) 601-6161Principal Officer
Daniel Blum
Main Address
2000 W BALTIMORE STREET, BALTIMORE, MD, 21223
NTEE Category
Code: E220 - Health
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