Overview
What is Lexington Medical Center?
Lexington Medical Center, an integral part of Atrium Health Wake Forest Baptist, is a nonprofit hospital located in Lexington, North Carolina. With a focus on improving health and advancing healing, they offer acute care services for various medical needs, including orthopaedic surgery, general surgery, ENT/head and neck surgery, and cancer care. Furthermore, they provide outpatient expertise in digestive health services. Their mission extends beyond hospital care, as they aim to elevate hope for all patients and their families. Lexington Medical Center boasts 94 beds and is committed to delivering specialized healthcare in its community.
Official website here: www.wakehealth.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Lexington Medical Center has achieved a 96% score, which translates to a Four-Star rating on Charity Navigator. This high rating indicates exceptional performance in accountability and finance, showcasing the organization’s strong commitment to financial transparency and responsible management of resources. The score reflects that the organization meets rigorous standards in its operational practices, ensuring donors can trust their contributions are used effectively.
The organization boasts an entirely independent board, with 68% of members being independent, which contributes to its governance integrity. Furthermore, the financial oversight is robust, evidenced by the absence of material diversion of assets and a low liabilities to assets ratio of 3.80%. These metrics highlight its sound financial health and operational efficiency, with a program expense ratio of 93.64%, indicating that a significant portion of funds is directed toward programs rather than administrative costs.
Despite these strengths, information about specific programs, impacts, or community feedback could provide a more comprehensive view of the organization’s effectiveness in serving its mission. Overall, the data points to a well-managed nonprofit that prioritizes accountability and effective use of funding.
This AI summary has been generated from information found on Charity Navigator.
Is Lexington Medical Center legitimate?
Lexington Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lexington Medical Center 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: $872,276
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,559,547
For more financial information, click here
Official website here: www.wakehealth.edu
What is the mission statement of Lexington Medical Center?
Lexington Medical Center's mission is focused on enhancing overall health and instilling hope for all individuals. As part of Atrium Health Wake Forest Baptist, this organization strives to advance healing and deliver specialized healthcare services. Their portfolio encompasses a range of medical practices, including orthopaedic surgery, general surgery, ENT/head and neck surgery, and cancer care. Moreover, they offer outpatient expertise in digestive health. In pursuit of their mission, they collaborate with Atrium Health Wake Forest Baptist to provide top-notch medical care and hope to those in need.
Official website here: www.wakehealth.edu
What is the revenue of Lexington Medical Center?
Lexington Medical Center's revenue in 2023 was $153,347,295.
Official website here: www.wakehealth.edu
Who are the executives of Lexington Medical Center and what are their salaries?
There 30 volunteers at Lexington Medical Center.
Here are 26 key members and their salaries:
- Compensation: $1,431,976
- Related: $0
- Other: $145,795
- Compensation: $0
- Related: $887,944
- Other: $41,049
- Compensation: $0
- Related: $797,934
- Other: $57,880
- Compensation: $0
- Related: $582,473
- Other: $58,420
- Compensation: $0
- Related: $468,381
- Other: $51,951
- Compensation: $0
- Related: $259,167
- Other: $39,229
- Compensation: $0
- Related: $225,979
- Other: $38,929
- Compensation: $0
- Related: $199,934
- Other: $17,041
- Compensation: $0
- Related: $210,827
- Other: $0
- Compensation: $0
- Related: $189,493
- Other: $0
- Compensation: $0
- Related: $186,581
- Other: $0
- Compensation: $0
- Related: $183,728
- Other: $0
- Compensation: $0
- Related: $74,627
- Other: $25,667
- Compensation: $0
- Related: $70,429
- Other: $15,858
- 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
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.wakehealth.edu
Where can I find the form 990 for Lexington Medical Center?
Lexington Medical Center's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wakehealth.edu
Learn more at the official website: www.wakehealth.edu
Mission Statement of Lexington Medical Center
Lexington Medical Center, a vital component of Atrium Health Wake Forest Baptist, operates with a mission to enhance health, instill hope, and foster healing for all. This nonprofit organization is dedicated to delivering exceptional healthcare services, focusing on orthopaedic surgery, general surgery, ENT/head and neck surgery, and cancer care. By providing these specialized services, it caters to a broad range of health concerns, aiming to improve the overall well-being of its patients.
Moreover, Lexington Medical Center extends its expertise to outpatient digestive health services. This commitment to comprehensive care ensures that patients receive the necessary treatment close to home, contributing to better health outcomes and peace of mind. The organization's unwavering dedication to its mission is a testament to its compassionate approach towards patients and their unique healthcare needs.
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Impact
October, 2024
Lexington Medical Center significantly impacts the local community by enhancing health outcomes and fostering hope through its comprehensive medical services. Operating a 94 acute care bed hospital, it specializes in key areas such as orthopaedic surgery, general surgery, ENT/head and neck surgery, and cancer care. The facility also offers outpatient expertise in digestive health, making it a vital resource for various health needs.
By providing accessible, high-quality care, Lexington Medical Center plays an essential role in the well-being of the Lexington, NC community and beyond. Its commitment to advancing healing ensures that patients receive the dedicated attention and innovative treatments necessary for recovery and improved quality of life. Through these efforts, Lexington Medical Center uplifts the community, ensuring that health and hope are within reach for all residents.
This information is meant to be a general summary of Lexington Medical Center. 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: $24
- Program Service Revenue: $152,514,500
- Gross Receipts: $153,347,295
Assets and Liabilities:
- Total Assets: $165,612,388
- Total Liabilities: $6,300,816
- Net Assets: $159,311,572
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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
$152,121,573
DIETARY REVENUE
Revenue
$392,927
Organization Details
Founding Year
1954
Principal Officer
William B James
Website
www.wakehealth.eduNTEE Category
Code: E220 - Health
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