Overview
What is The Presbyterian Hospital?
Novant Health Presbyterian Medical Center, located in Winston Salem, North Carolina, is a non-profit hospital within the Novant Health system. Committed to community welfare, its mission encompasses healthcare partnerships and the dissemination of health information and education.
Official website here: www.novanthealth.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%
The Presbyterian Hospital has achieved a perfect 100% score, earning it a Four-Star out of Four Star rating for its exceptional accountability and financial management. This high rating is exclusively based on the Accountability & Finance beacon, indicating that the organization excels in transparency and responsible stewardship of its resources.
Key strengths include a majority of independent board members, strong financial oversight with no reported material diversion of assets, and thorough policies regarding conflict of interest and whistleblower protections. Additionally, the hospital maintains a low liabilities-to-assets ratio alongside a commendable program expense ratio, demonstrating effective use of funds toward its mission.
While the organization has received high marks across the board, potential limitations are not noted in the available data. Overall, the Presbyterian Hospital stands out as a reliable and well-managed nonprofit, assuring donors and stakeholders of its commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
Is The Presbyterian Hospital legitimate?
The Presbyterian Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Presbyterian Hospital 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: $1,935,021
Professional Fundraising Fees: $0
Other Salaries and Wages: $424,988,214
For more financial information, click here
Official website here: www.novanthealth.org
What is the mission statement of The Presbyterian Hospital?
The Novant Health Presbyterian Medical Center is a non-profit hospital committed to advancing healthcare through collaborative partnerships. It strives to serve the community by delivering essential health information and education. The hospital's mission focuses on improving overall health and wellbeing, with a dedication to providing knowledge and resources to the public. Partnerships and community outreach are key elements in achieving this mission, as the hospital aims to enhance healthcare access and outcomes for individuals. By prioritizing education and collaboration, the Novant Health Presbyterian Medical Center plays a significant role in promoting better health and wellbeing within its community.
Official website here: www.novanthealth.org
Who is the CEO of The Presbyterian Hospital?
Carl Armato is the Principal Officer of The Presbyterian Hospital.
Official website here: www.novanthealth.org
What is the revenue of The Presbyterian Hospital?
The Presbyterian Hospital's revenue in 2022 was $1,695,977,463.
Official website here: www.novanthealth.org
Who are the executives of The Presbyterian Hospital and what are their salaries?
The average compensation at The Presbyterian Hospital during 2022 was $53,911. There are 7919 employees and 398 volunteers at The Presbyterian Hospital.
Here are 27 key members and their salaries:
- Compensation: $0
- Related: $550,691
- Other: $56,092
- Compensation: $1,078,074
- Related: $0
- Other: $164,953
- Compensation: $0
- Related: $319,273
- Other: $27,467
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $2,355,664
- Other: $61,852
- Compensation: $631,498
- Related: $0
- Other: $60,496
- Compensation: $1,019,356
- Related: $0
- Other: $151,767
- Compensation: $1,002,612
- Related: $0
- Other: $43,447
- Compensation: $908,142
- Related: $0
- Other: $42,141
- Compensation: $877,574
- Related: $0
- Other: $42,088
- Compensation: $841,707
- Related: $0
- Other: $41,270
- Compensation: $0
- Related: $760,714
- Other: $114,086
- Compensation: $608,910
- Related: $0
- Other: $43,321
- Compensation: $469,908
- Related: $0
- Other: $44,223
- Compensation: $0
- Related: $390,733
- Other: $36,014
Official website here: www.novanthealth.org
Where can I find the form 990 for The Presbyterian Hospital?
The Presbyterian Hospital's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.novanthealth.org
Learn more at the official website: www.novanthealth.org
Mission Statement of The Presbyterian Hospital
The Presbyterian Hospital, a notable non-profit institution, is dedicated to advancing healthcare in partnerships and disseminating health knowledge within the community. This mission-driven organization, a key constituent of the Novant Health system, strives to foster a healthier population through collaborative efforts and public education. By supporting various healthcare initiatives, The Presbyterian Hospital aims to make a lasting impact on the overall wellbeing of individuals within its reach.
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Impact
October, 2024
The Presbyterian Hospital plays a crucial role in enhancing healthcare in Winston Salem, NC, and the surrounding communities. It is dedicated to providing comprehensive medical services and fostering health through strong partnerships. The hospital focuses on health education, empowering individuals with the knowledge they need to make informed health decisions. By engaging with the community, The Presbyterian Hospital addresses public health concerns and promotes overall well-being, ensuring access to essential health resources and information. Its commitment to quality care and proactive health initiatives significantly impacts the community, improving health outcomes and fostering a healthier society.
This information is meant to be a general summary of The Presbyterian Hospital. 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: $846,119
- Program Service Revenue: $1,674,574,696
- Gross Receipts: $1,697,755,468
Assets and Liabilities:
- Total Assets: $2,871,169,174
- Total Liabilities: $216,420,231
- Net Assets: $2,654,748,943
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT REVENUE
Revenue
$1,550,625,406
PHARMACY
Revenue
$120,208,534
PASS-THRU PATIENT REVENUE
Revenue
$3,073,075
VALUE BASED INCENTIVE
Revenue
$667,681
Organization Details
Founding Year
1903
Phone
(336) 277-2411Principal Officer
Carl Armato
Main Address
2085 FRONTIS PLAZA BLVD, WINSTON SALEM, NC, 27103
Website
www.novanthealth.orgNTEE Category
Code: E220 - Health
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