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Bon Secours - Richmond Health System Inc

Bon Secours Virginia

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521988421 ✦ Richmond, VA ✦ Designated as a 501(c)(3)

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Overview

What is Bon Secours - Richmond Health System Inc?

Bon Secours-Richmond Health System Inc is a mission-driven, nonprofit healthcare organization based in Richmond, Virginia. With a workforce of 6994 employees, they operate acute care hospitals, home health agencies, ambulatory agencies, and other healthcare organizations. This compassionate, Catholic health system is dedicated to providing quality healthcare services to those in need, particularly the poor and dying, to alleviate human suffering and bring people to wholeness in times of pain and loss. Bon Secours-Richmond Health System embodies core values of human dignity, integrity, compassion, stewardship, and service, extending the healing ministry of Jesus to improve the health and well-being of their communities.


Official website here: www.bonsecours.com

What are the reviews and ratings of this charity?

Charity Navigator Rating 96% - Four-Star out of Four Star rating

Bon Secours - Richmond Health System Inc has achieved a remarkable Four-Star rating from Charity Navigator, reflecting an impressive score of 96% in Accountability & Finance. This high rating signifies a strong commitment to ethical operational practices, and financial transparency, which is crucial for donor confidence. The organization's effective governance is evidenced by 85% of its board members being independent, ensuring unbiased oversight.

The nonprofit exhibits exceptional fiscal responsibility, highlighted by a low liabilities-to-assets ratio of 16.39%, indicating effective management of resources. Additionally, a high program expense ratio of 83.41% suggests that a significant portion of funds is directed toward its mission-driven programs rather than administrative costs. The presence of thorough policies regarding conflict of interest, whistleblower protection, and document retention further underscores its dedication to accountability.

While the organization's strengths in financial management and transparency are evident, the summary does not detail any specific programs or services provided by Bon Secours. However, the robust governance structure and operational integrity position it well for continued support and success in its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Bon Secours - Richmond Health System Inc legitimate?

Bon Secours - Richmond Health System Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bon Secours - Richmond 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: $1,642,980
Professional Fundraising Fees: $0
Other Salaries and Wages: $477,049,575

For more financial information, click here


Official website here: www.bonsecours.com

What is the mission statement of Bon Secours - Richmond Health System Inc?

Bon Secours-Richmond Health System is a mission-driven, non-profit healthcare organization dedicated to improving the health and well-being of communities. The system is committed to bringing compassion to healthcare and providing good help to those in need, with a focus on serving the poor and dying. As a network of caregivers, Bon Secours-Richmond Health System strives to help individuals and communities reach health and wholeness. The organization's core values include human dignity, integrity, compassion, stewardship, and service, and its activities extend to operating acute care hospitals, home health agencies, ambulatory agencies, and other healthcare organizations. The mission is to alleviate human suffering and bring people to wholeness during times of pain and loss.


Official website here: www.bonsecours.com

Who is the CEO of Bon Secours - Richmond Health System Inc?

Unavailable The CEO's salary of Bon Secours - Richmond Health System Inc is $0 and their total compensation is $561,779.


Official website here: www.bonsecours.com

What is the revenue of Bon Secours - Richmond Health System Inc?

Bon Secours - Richmond Health System Inc's revenue in 2022 was $1,889,841,622.


Official website here: www.bonsecours.com

Who are the executives of Bon Secours - Richmond Health System Inc and what are their salaries?

The average compensation at Bon Secours - Richmond Health System Inc during 2022 was $68,443. There are 6994 employees and 1749 volunteers at Bon Secours - Richmond Health System Inc.


Here are 34 key members and their salaries (Bon Secours - Richmond Health System Inc's CEO's salary is $0 and their total compensation is $561,779):


Elizabeth Crowther (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Faraaz Yousuf (President/Ceo - Richmond (End 04/22))
  • Compensation: $0
  • Related: $652,591
  • Other: $11,494
Michael Lutes (President/Ceo - Richmond (Beg 10/22))
  • Compensation: $0
  • Related: $448,454
  • Other: $113,325
Paul Smith (President, Providence Group (End 07/22); Interim President - Richmond (End 10/22))
  • Compensation: $0
  • Related: $1,760,664
  • Other: $507,249
Shannon Sinclair (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Birdie Jamison (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Yanofchick (Chief Sponsorship Officer)
  • Compensation: $0
  • Related: $480,901
  • Other: $17,043
Chandrashekar Challa (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Hairston-White (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Schilling (Board Member (01/22 - 03/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Woolfolk Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lang Liebman Md (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Rigsby Esq (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Makola Abdullah (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Regina Albert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosalyn Hobson Hargraves Md (Board Member (End 03/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Sr Anne Marie Mack Cbs (Board Member (End 02/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Sr Mary Shimo Cbs (Board Member (Beg 02/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Bunting (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rhodes Ritenour (Secretary, Vp External & Regulatory Affairs)
  • Compensation: $0
  • Related: $275,370
  • Other: $32,630
William Kusnierz (Treasurer/Cfo - Richmond)
  • Compensation: $0
  • Related: $565,581
  • Other: $47,539
Brenda Woodcock (Chief Nursing Officer - Richmond)
  • Compensation: $0
  • Related: $377,102
  • Other: $45,790
Christopher Accashian (Chief Operating Officer - Richmond)
  • Compensation: $643,484
  • Related: $0
  • Other: $87,317
Peter Charvat (Chief Clinical Officer - Richmond)
  • Compensation: $623,157
  • Related: $0
  • Other: $37,694
Ryan Stuhlreyer (Vp Service Line Strategy - Richmond)
  • Compensation: $225,570
  • Related: $0
  • Other: $25,758
Bryan Lee (Hospital President - Smh)
  • Compensation: $552,657
  • Related: $0
  • Other: $64,476
Joseph Wilkins (Hospital President - Sfmc)
  • Compensation: $452,357
  • Related: $0
  • Other: $58,529
Leigh Sewell (Hospital President - Mrmc And Rgh)
  • Compensation: $527,859
  • Related: $0
  • Other: $35,228
Mark Wood Md (General Surgeon)
  • Compensation: $430,053
  • Related: $0
  • Other: $24,623
Yvette Johnson-Threat (Vp Medical Affairs)
  • Compensation: $469,187
  • Related: $0
  • Other: -$127,823
James Godwin (Former Svp Hr - Richmond)
  • Compensation: $0
  • Related: $146,539
  • Other: $7,455
Jill Kennedy (Former Chief Nursing Executive - Richmond)
  • Compensation: $0
  • Related: $487,055
  • Other: -$423,600
Mark Townsend (Former Chief Clinical Officer - Richmond)
  • Compensation: $0
  • Related: $635,422
  • Other: $129,942
Paul Junod (Former Vp Hr - Richmond)
  • Compensation: $0
  • Related: $354,335
  • Other: $12,315


Official website here: www.bonsecours.com

Where can I find the form 990 for Bon Secours - Richmond Health System Inc?

Bon Secours - Richmond Health System Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bonsecours.com

Learn more at the official website: www.bonsecours.com

Mission Statement of Bon Secours - Richmond Health System Inc

Bon Secours-Richmond Health System Inc, a mission-driven, nonprofit, Catholic health system, is dedicated to extending the healing ministry of Jesus by improving the health and well-being of communities and bringing good help to those in need, especially the poor and dying. The organization's core values include human dignity, integrity, compassion, stewardship, and service.

In line with its mission, Bon Secours-Richmond Health System operates various healthcare organizations, such as acute care hospitals, home health agencies, ambulatory agencies, and other healthcare entities. The system is committed to supporting its subsidiary members in providing compassionate, quality healthcare services to those in need. With a focus on alleviating human suffering, the health system aims to bring people and communities to health and wholeness, even in the midst of pain and loss.

Bon Secours-Richmond Health System is more than just a healthcare provider; it is a system of caregivers, dedicated to making a difference in the lives of individuals and communities. By upholding its core values, the organization goes beyond the provision of medical treatments and prioritizes the overall well-being of its patients. With compassion at the forefront, Bon Secours-Richmond Health System continues to be a beacon of hope for those in need, offering comfort and healing to the vulnerable population it serves.

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Impact




October, 2024

Bon Secours - Richmond Health System Inc significantly impacts the community by extending compassionate healthcare services and improving the overall health and well-being of the population. By operating acute care hospitals, home health agencies, and ambulatory services, the health system serves as a vital resource for those in need, particularly the underserved, poor, and dying.

The organization embodies core values of human dignity, integrity, compassion, stewardship, and service, ensuring that their approach to healthcare is not just about treatment but also about holistic healing. This commitment to alleviating human suffering and fostering wholeness in the face of pain and loss is central to their mission. Through their efforts, Bon Secours - Richmond Health System fosters a supportive environment that prioritizes the health of the community and underscores the importance of quality care for all individuals.




This information is meant to be a general summary of Bon Secours - Richmond 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.

Revenue
$1,889,841,622 (2022)
Expenses
$1,703,859,246 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $11,737,181
  • Program Service Revenue: $1,862,098,770
  • Gross Receipts: $1,889,841,622

Assets and Liabilities:

  • Total Assets: $2,650,091,746
  • Total Liabilities: $434,630,925
  • Net Assets: $2,215,460,821

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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

$1,713,495,257

SHARED SERVICE ASSESSMENTS

Revenue

$116,245,769

HOME CARE & HOSPICE

Revenue

$23,356,677

COLLEGE OF NURSING

Revenue

$5,052,619

EXEMPT FUNCTION INCOME

Revenue

$3,354,117

Organization Details

Founding Year

1996

Main Address

8580 Magellan Parkway Building IV, Richmond, VA, 23227

NTEE Category

Code: E21 - Health

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