Overview
What is Meritus Medical Center Inc?
Meritus Medical Center Inc, located in Hagerstown, Maryland, is a nonprofit organization dedicated to enhancing the health and wellbeing of the community at the intersection of Western Maryland, southern Pennsylvania, and the Eastern Panhandle of West Virginia. Their mission involves offering a wide range of healthcare services to individuals and families, with a commitment to improving overall health status within their reach.
Official website here: www. meritushealth.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Meritus Medical Center Inc has achieved a high score of 96% on Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The rating indicates that the organization has a robust governance structure, including a board comprised of 75% independent members and comprehensive financial oversight measures in place. This level of accountability is significant for donors seeking assurance that their contributions are managed effectively.
The organization excels in its financial metrics, demonstrating a program expense ratio of 82.96%, which shows a high proportion of its expenditures are directed toward its mission-related programs. Additionally, the lack of material diversion of assets and solid fiscal management, indicated by a liabilities to assets ratio of 48.93%, suggests sound financial health and operational efficacy.
While the overall rating is commendable, it's important for potential donors to consider that the assessment is based solely on accountability and finance metrics. This focus, while critical, does not encompass other areas such as program effectiveness or community impact, which could provide a more comprehensive view of the nonprofit's overall performance and influence.
This AI summary has been generated from information found on Charity Navigator.
Is Meritus Medical Center Inc legitimate?
Meritus Medical Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Meritus 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: $2,618,115
Professional Fundraising Fees: $0
Other Salaries and Wages: $232,649,338
For more financial information, click here
Official website here: www. meritushealth.com
What is the mission statement of Meritus Medical Center Inc?
Meritus Medical Center Inc is dedicated to enhancing the health and wellbeing of individuals within their community. The organization's mission is to provide comprehensive health services that improve the overall health status. Situated at the intersection of Western Maryland, southern Pennsylvania, and the Eastern Panhandle of West Virginia, Meritus Health aims to cater to the medical needs of patients and families residing in these areas. Through their offerings, they strive to make a positive impact on the health landscape of their community.
Official website here: www. meritushealth.com
Who is the CEO of Meritus Medical Center Inc?
Maulik Joshi Dr Ph is the President & Ceo of Meritus Medical Center Inc. The CEO's salary of Meritus Medical Center Inc is $953,794 and their total compensation is $1,149,525.
Official website here: www. meritushealth.com
What is the revenue of Meritus Medical Center Inc?
Meritus Medical Center Inc's revenue in 2022 was $532,373,187.
Official website here: www. meritushealth.com
Who are the executives of Meritus Medical Center Inc and what are their salaries?
The average compensation at Meritus Medical Center Inc during 2022 was $60,982. There are 3858 employees and 251 volunteers at Meritus Medical Center Inc.
Here are 33 key members and their salaries (Meritus Medical Center Inc's CEO's salary is $953,794 and their total compensation is $1,149,525):
- Compensation: $953,794
- Related: $0
- Other: $195,731
- Compensation: $94,352
- Related: $0
- Other: $0
- Compensation: $36,349
- Related: $0
- Other: $0
- Compensation: $26,908
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $1,385
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $570,102
- Related: $0
- Other: $75,880
- Compensation: $245,564
- Related: $0
- Other: $52,562
- Compensation: $375,347
- Related: $0
- Other: $63,160
- Compensation: $382,227
- Related: $0
- Other: $19,493
- Compensation: $1,028,390
- Related: $0
- Other: $40,269
- Compensation: $688,582
- Related: $0
- Other: $40,180
- Compensation: $597,504
- Related: $0
- Other: $29,013
- Compensation: $602,836
- Related: $0
- Other: $14,798
- Compensation: $550,398
- Related: $0
- Other: $33,186
- Compensation: $133,070
- Related: $0
- Other: $229
Official website here: www. meritushealth.com
Where can I find the form 990 for Meritus Medical Center Inc?
Meritus Medical Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www. meritushealth.com
Learn more at the official website: www. meritushealth.com
Mission Statement of Meritus Medical Center Inc
Meritus Medical Center Inc, headquartered in Maryland, is dedicated to enhancing the health and well-being of individuals and families in its community. The organization's primary mission is to offer comprehensive health services that cater to the unique needs of patients and their families. Meritus Health, as it is known, strives to elevate the health status of the population residing at the intersection of Western Maryland, southern Pennsylvania, and the Eastern Panhandle of West Virginia.
In pursuit of this objective, Meritus Health provides a broad spectrum of healthcare services tailored to the diverse population it serves. These services encompass various aspects of healthcare, ensuring that patients receive holistic care and attention. By focusing on the health needs of individuals and families, Meritus Health aims to contribute to the overall well-being and vitality of its community.
Meritus Health's commitment to improving the health of its community transcends beyond the walls of its medical facilities. The organization's team of healthcare professionals is dedicated to delivering personalized and compassionate care, ensuring that patients and their families feel supported and empowered during their healthcare journey. Meritus Health's unwavering dedication to the health and well-being of its community sets it apart as a trusted and essential partner in the quest for better health and wellness.
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Impact
October, 2024
Meritus Medical Center Inc enhances the health of the community by delivering comprehensive health services aimed at improving the overall health status of individuals and families in Hagerstown, Maryland, and the surrounding regions. Located at a strategic crossroads serving Western Maryland, southern Pennsylvania, and the Eastern Panhandle of West Virginia, Meritus Medical Center plays a crucial role in providing accessible healthcare solutions. Through its dedicated efforts, the center addresses the diverse medical needs of the population, fostering a healthier community and contributing significantly to the wellbeing of its residents.
This information is meant to be a general summary of Meritus 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: $34,826,527
- Program Service Revenue: $486,169,068
- Gross Receipts: $1,185,694,287
Assets and Liabilities:
- Total Assets: $783,798,667
- Total Liabilities: $428,447,838
- Net Assets: $355,350,829
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT REVENUE
Revenue
$472,902,485
340B PROGRAM REVENUE
Revenue
$4,140,506
MDPCP FEES
Revenue
$3,106,150
SCHOOL NURSING PROGRAM
Revenue
$2,757,776
CAFETERIA SALES
Revenue
$1,443,918
Organization Details
Founding Year
1904
Phone
(301) 790-8872Principal Officer
Maulik Joshi Dr Ph
Main Address
11116 MEDICAL CAMPUS ROAD, HAGERSTOWN, MD, 21742
Website
www. meritushealth.comNTEE Category
Code: E220 - Health
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