Overview
What is Mary Washington Healthcare?
Mary Washington Healthcare is a parent corporation based in Fredericksburg, Virginia, with a workforce of 827 employees. Its mission is dedicated to enhancing the health and well-being of the communities it serves. Through its subsidiaries, Mary Washington Healthcare offers inpatient and outpatient hospital services as well as various medical services. As the strategic director and manager, it provides support to affiliated group members.
Official website here: www.marywashingtonhealthcare.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Mary Washington Healthcare has achieved a Four-Star rating from Charity Navigator, indicating exceptional accountability and financial health. The organization’s score reflects a strong commitment to transparency and governance, as evidenced by its majority independent board members and well-documented financial practices. With no reported material diversion of assets and robust oversight mechanisms in place, the organization demonstrates a high level of integrity in its operations.
One of the notable strengths of Mary Washington Healthcare is its impressive program expense ratio of 98.58%, suggesting that a significant portion of its funds is directed towards its mission-related activities rather than administrative costs. This financial efficiency is complemented by comprehensive policies that address potential conflicts of interest, whistleblower protections, and document retention, reinforcing the organization’s commitment to ethical governance.
While the data presents a largely positive view of Mary Washington Healthcare, it is essential for stakeholders to continuously monitor the organization’s operations and financial practices. Overall, the high ratings reflect a well-managed nonprofit that prioritizes accountability and the effective use of resources in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Mary Washington Healthcare legitimate?
Mary Washington Healthcare is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mary Washington Healthcare 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: $7,024,709
Professional Fundraising Fees: $0
Other Salaries and Wages: $54,947,301
For more financial information, click here
Official website here: www.marywashingtonhealthcare.com
What is the mission statement of Mary Washington Healthcare?
Mary Washington Healthcare is dedicated to enhancing the health and well-being of the communities it serves. Through its subsidiaries, the organization offers inpatient and outpatient hospital services, as well as various medical care. As the parent corporation of the MWHC affiliated group, Mary Washington Healthcare provides strategic guidance, management, and corporate support services to its members. The mission is centered around improving the overall health of the population it caters to.
Official website here: www.marywashingtonhealthcare.com
Who is the CEO of Mary Washington Healthcare?
Michael P Mcdermott Md Mba is the CEO of Mary Washington Healthcare The CEO's salary of Mary Washington Healthcare is $1,937,224 and their total compensation is $1,980,866.
Official website here: www.marywashingtonhealthcare.com
What is the revenue of Mary Washington Healthcare?
Mary Washington Healthcare's revenue in 2023 was $138,151,550.
Official website here: www.marywashingtonhealthcare.com
Who are the executives of Mary Washington Healthcare and what are their salaries?
The average compensation at Mary Washington Healthcare during 2023 was $79,656. There are 778 employees and 15 volunteers at Mary Washington Healthcare.
Here are 47 key members and their salaries (Mary Washington Healthcare's CEO's salary is $1,937,224 and their total compensation is $1,980,866):
- Compensation: $1,937,224
- Related: $0
- Other: $43,642
- Compensation: $390,671
- Related: $0
- Other: $40,456
- 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: $1,004,837
- Related: $0
- Other: $43,240
- Compensation: $918,023
- Related: $0
- Other: $35,351
- Compensation: $671,612
- Related: $0
- Other: $39,729
- Compensation: $612,300
- Related: $0
- Other: $21,672
- Compensation: $600,171
- Related: $0
- Other: $21,025
- Compensation: $0
- Related: $573,904
- Other: $37,403
- Compensation: $543,835
- Related: $0
- Other: $44,601
- Compensation: $554,663
- Related: $0
- Other: $26,100
- Compensation: $533,838
- Related: $0
- Other: $11,744
- Compensation: $0
- Related: $520,089
- Other: $11,721
- Compensation: $493,822
- Related: $0
- Other: $6,579
- Compensation: $437,237
- Related: $0
- Other: $35,284
- Compensation: $0
- Related: $462,320
- Other: $36,495
- Compensation: $0
- Related: $456,382
- Other: $39,760
- Compensation: $0
- Related: $415,027
- Other: $38,956
- Compensation: $400,843
- Related: $0
- Other: $43,058
- Compensation: $370,992
- Related: $0
- Other: $33,298
- Compensation: $355,008
- Related: $0
- Other: $10,849
- Compensation: $349,048
- Related: $0
- Other: $8,604
- Compensation: $352,886
- Related: $0
- Other: $38,290
- Compensation: $369,487
- Related: $0
- Other: $40,058
- Compensation: $233,899
- Related: $0
- Other: $6,989
- Compensation: $194,031
- Related: $0
- Other: $4,958
- Compensation: $158,247
- Related: $0
- Other: $5,612
- Compensation: $93,388
- Related: $0
- Other: $2,649
- Compensation: $0
- Related: $30,799
- Other: $2,323
- Compensation: $208,786
- Related: $0
- Other: $14,002
- Compensation: $195,669
- Related: $0
- Other: $17,815
- Compensation: $186,890
- Related: $0
- Other: $19,129
- Compensation: $181,161
- Related: $0
- Other: $22,829
- Compensation: $185,585
- Related: $0
- Other: $18,558
- Compensation: $127,968
- Related: $0
- Other: $0
Official website here: www.marywashingtonhealthcare.com
Where can I find the form 990 for Mary Washington Healthcare?
Mary Washington Healthcare's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.marywashingtonhealthcare.com
Learn more at the official website: www.marywashingtonhealthcare.com
Mission Statement of Mary Washington Healthcare
Mary Washington Healthcare, a leading organization, is committed to enhancing the health and well-being of the communities it serves. As the parent corporation of the MWHC affiliated group, this mission-driven entity provides strategic direction, management, and corporate support services to its members. In practice, this involves delivering both inpatient and outpatient hospital services, as well as other essential medical offerings. Through these subsidiaries, Mary Washington Healthcare aims to improve the overall health status of the individuals within the communities it touches.
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Impact
October, 2024
Mary Washington Healthcare has a significant impact on the communities it serves by enhancing the health and well-being of the population in and around Fredericksburg, Virginia. Through its comprehensive range of inpatient and outpatient hospital services, along with various medical offerings, it addresses the diverse healthcare needs of local residents.
The organization provides strategic direction and management support to its affiliated group, ensuring that high-quality healthcare services are accessible and effectively delivered. By focusing on improving health outcomes, Mary Washington Healthcare not only contributes to individual well-being but also fosters a healthier community overall, promoting preventive care and holistic health initiatives. Its commitment to serving the community underlines the importance of accessible healthcare and responsive medical services, which are vital for a thriving population.
This information is meant to be a general summary of Mary Washington Healthcare. 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 2023.
- Investment Income: $6,554,359
- Program Service Revenue: $133,212,009
- Gross Receipts: $231,190,988
Assets and Liabilities:
- Total Assets: $548,892,209
- Total Liabilities: $88,442,245
- Net Assets: $460,449,964
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT SERVICES REVENUE
Revenue
$120,176,912
MWHA PHYSICIAN PROGRAMS
Revenue
$7,695,682
AFFILIATE CAPTIVE INSURANCE
Revenue
$3,832,585
OTHER OPERATING INCOME
Revenue
$534,989
COLLECTION SERVICES
Revenue
$318,824
Organization Details
Founding Year
1983
Principal Officer
Michael P Mcdermott Md
NTEE Category
Code: E210 - Health
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