Overview
What is Shore Health System Inc?
Shore Health System Inc, located in the Maryland mid-shore area, is a nonprofit organization that operates as a 164-bed community hospital, providing a comprehensive range of inpatient and outpatient clinical services. Their offerings include general hospital care, emergency services, and specialized services. In addition, they run outpatient centers for primary care, diagnostics, treatment, education, and rehabilitation. The organization prioritizes community health awareness and offers free educational programs. In FY 2022, they cared for 6,493 inpatients, treated 55,333 patients in the ER, performed 9,133 surgeries, and recorded 228,641 outpatient encounters. Shore Health System's mission is to create healthier communities and be the region's leader in patient-centered healthcare. Their mission statement is "To excel in quality care and patient satisfaction," with the strategic principle of "Exceptional care, every day," and the values statement of "Every interaction with another is an opportunity to care." They provide charity care to patients unable to pay, offering over $4.7 million in FY 2022.
Official website here: www.umms.org/shore
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Shore Health System Inc has achieved a high rating of 96%, indicating strong performance in accountability and finance. The organization's score is entirely derived from its accountability measures, showcasing its commitment to transparency and responsible stewardship of resources. The presence of a majority of independent board members and a rigorous audit and oversight committee further underscores its governance strength.
The nonprofit demonstrates excellent financial health, with a program expense ratio of nearly 77%, suggesting that a significant portion of its budget is allocated directly to its programs. Additionally, the liabilities to assets ratio of 32.84% reflects a solid financial position, allowing for stability and sustainability in its operations.
However, while the organization excels in governance and financial accountability, specific programmatic outcomes and impact metrics are not detailed in the provided data. This may limit potential donors and stakeholders from understanding the direct effects of the organization’s work in the community. Overall, Shore Health System Inc stands out for its governance practices and financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Shore Health System Inc legitimate?
Shore Health System Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shore Health 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: $2,404,134
Professional Fundraising Fees: $0
Other Salaries and Wages: $79,526,571
For more financial information, click here
Official website here: www.umms.org/shore
What is the mission statement of Shore Health System Inc?
Shore Health System Inc is dedicated to enhancing the health of communities by delivering top-notch, patient-centered healthcare services. Their goal is to provide comprehensive, accessible, and convenient healthcare that caters to the needs of patients and their families. The organization offers a full range of inpatient and outpatient clinical services, including emergency care, surgeries, and specialized treatments. In addition to medical care, Shore Health System Inc provides free educational programs and services to promote health awareness in the community. During the fiscal year 2022, they cared for over 6,000 inpatients, treated nearly 56,000 patients in the ER, and performed around 9,000 surgeries. The organization's mission statement is "to excel in quality care and patient satisfaction," and its strategic principle is "exceptional care, every day." Shore Health System Inc values every interaction as an opportunity to care for others and provides charity care to patients unable to pay, offering more than $4.7 million in such assistance during FY 2022.
Official website here: www.umms.org/shore
Who is the CEO of Shore Health System Inc?
Unavailable The CEO's salary of Shore Health System Inc is $781,933 and their total compensation is $809,062.
Official website here: www.umms.org/shore
What is the revenue of Shore Health System Inc?
Shore Health System Inc's revenue in 2022 was $313,920,138.
Official website here: www.umms.org/shore
Who are the executives of Shore Health System Inc and what are their salaries?
The average compensation at Shore Health System Inc during 2022 was $43,978. There are 1863 employees and 115 volunteers at Shore Health System Inc.
Here are 29 key members and their salaries (Shore Health System Inc's CEO's salary is $781,933 and their total compensation is $809,062):
- Compensation: $0
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- Other: $0
- Compensation: $781,933
- Related: $0
- Other: $27,129
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- Other: $0
- Compensation: $0
- Related: $273,085
- Other: $31,961
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- Related: $3,357
- Other: $915
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- Compensation: $0
- Related: $3,436,975
- Other: $40,732
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- Related: $896,447
- Other: $12,830
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- Compensation: $438,158
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- Other: $43,489
- Compensation: $297,187
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- Other: $47,962
- Compensation: $297,172
- Related: $0
- Other: $42,069
- Compensation: $589,683
- Related: $0
- Other: $35,075
- Compensation: $272,482
- Related: $0
- Other: $51,999
- Compensation: $260,314
- Related: $0
- Other: $40,988
- Compensation: $265,426
- Related: $0
- Other: $28,785
- Compensation: $249,136
- Related: $0
- Other: $38,963
- Compensation: $190,583
- Related: $0
- Other: $8,796
Official website here: www.umms.org/shore
Where can I find the form 990 for Shore Health System Inc?
Shore Health System Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.umms.org/shore
Learn more at the official website: www.umms.org/shore
Mission Statement of Shore Health System Inc
Shore Health System Inc, a not-for-profit network based in Maryland, is dedicated to creating healthier communities by leading in patient-centered healthcare. With a mission to provide comprehensive, accessible, and convenient healthcare services that cater to the needs of patients and their families, Shore Health System aims to be the regional leader in this field.
The organization offers a full range of inpatient and outpatient clinical services, including general hospital care, emergency services, and specialized treatments. Shore Health System's outpatient centers provide primary care, diagnostics, treatment, education, and rehabilitation. Moreover, the organization extends its reach through free education programs and services to promote health awareness within the community.
In the previous fiscal year, Shore Health System cared for 6,493 inpatients, resulting in 30,537 days of patient care. The emergency room treated 55,333 patients, and the operating room performed 9,133 surgeries. The ancillary service departments recorded 228,641 outpatient encounters. The organization's mission statement reflects its commitment to excellence in quality care and patient satisfaction. Shore Health System's strategic principle is "Exceptional Care, Every Day," and its values statement underscores that "Every interaction with another is an opportunity to care." In line with its mission, Shore Health System also provides charity care to patients unable to pay, offering over $4.7 million of charity care in the last fiscal year.
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Impact
October, 2024
Shore Health System Inc plays a vital role in enhancing the health and well-being of the communities it serves in Talbot, Dorchester, Caroline, and Queen Anne's counties. With a 164-bed community hospital, it offers a comprehensive range of inpatient and outpatient services designed to meet diverse healthcare needs. In FY 2022, SHS provided care to over 6,493 inpatients and treated more than 55,000 patients in its emergency department, emphasizing its commitment to accessibility and quality care.
The system not only focuses on immediate medical needs but also prioritizes community health education and wellness. It offers free educational programs aimed at promoting health awareness, which helps empower individuals to take charge of their health. Additionally, with over $4.7 million dedicated to charity care for those unable to pay, SHS ensures that financial barriers do not prevent individuals from receiving necessary medical attention.
With its mission to create healthier communities and its strategic principle of "exceptional care, every day," Shore Health System Inc is dedicated to delivering high-quality healthcare services that are patient-centered and tailored to the needs of families and the broader community. The emphasis on nurturing every interaction as an opportunity to provide care reflects its commitment to building a healthier future for the region.
This information is meant to be a general summary of Shore Health 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 2022.
- Investment Income: $7,362,391
- Program Service Revenue: $302,490,571
- Gross Receipts: $335,674,999
Assets and Liabilities:
- Total Assets: $620,349,756
- Total Liabilities: $252,477,439
- Net Assets: $367,872,317
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Service Revenue SHS
Revenue
$301,380,775
SHO Therapy
Revenue
$1,109,796
Organization Details
Founding Year
1906
Phone
(410) 822-1000Main Address
219 South Washington Street, Easton, MD, 21601
Website
www.umms.org/shoreNTEE Category
Code: E220 - Health
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