Overview
What is Shands Teaching Hospital And Clinics Inc?
Shands Teaching Hospital and Clinics Inc, also known as UF Health Shands, is a Florida-based nonprofit organization that operates a multihospital system. The system includes a 1,030-bed tertiary care teaching institution, an inpatient psychiatric and substance abuse facility of 81 beds, and a hospital-based home care agency. Shands focuses on community benefit, aimed at improving health and quality of life for residents, especially the underprivileged. Their offerings include financial assistance, community health services, health professions education, research, and donations. The hospital's community benefit initiatives are identified through a needs assessment, strategic priorities, and partnership areas. UF Health Shands has a long history of providing community benefits by offering free or discounted health services, community health education, scholarships for health professional education, and research initiatives. The organization supports the University of Florida's clinical, education, and research missions in over 100 medical specialties. UF Health Shands' mission is to improve health and deliver excellent patient care, train future healthcare professionals, and advance healthcare knowledge through research.
Official website here: www.ufhealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star Rating
Shands Teaching Hospital and Clinics Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 88%. This rating indicates strong performance in accountability and finance, with a particular emphasis on good fiscal management practices. The organization has demonstrated solid financial health, with a program expense ratio of 84.81%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs.
The nonprofit boasts a well-structured governance system, with 41% independent board members and a comprehensive set of policies in place, including conflict of interest and whistleblower policies. The organization has successfully passed its audit and oversight committee requirements, further enhancing its credibility. Additionally, there have been no material diversions of assets, which is a positive sign for potential donors and stakeholders.
However, the rating also indicates that the board could improve in terms of independent membership, as it currently falls short of having a majority of independent members. This aspect may raise some concerns regarding the oversight of the organization, although the existing independent members and the other governance practices provide a level of reassurance about its operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Shands Teaching Hospital And Clinics Inc legitimate?
Shands Teaching Hospital And Clinics Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shands Teaching Hospital And Clinics 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: $10,695,886
Professional Fundraising Fees: $0
Other Salaries and Wages: $649,232,796
For more financial information, click here
Official website here: www.ufhealth.org
What is the mission statement of Shands Teaching Hospital And Clinics Inc?
Shands Teaching Hospital and Clinics Inc (STHC) is a Florida-based not-for-profit organization dedicated to advancing healthcare, education, and research missions in various medical specialties. Their mission lies in enhancing overall health and improving quality of life, particularly for underserved groups. STHC's approach to community benefit is a planned and measured effort aimed at addressing identified community needs, focusing on financial assistance, community health services, health professions education, research, and donations. They provide free or discounted health services to those in need, offer community health education and support services, engage in health professions education, and conduct research studies. The organization's long-standing commitment to the community is reflected in its policies, projects, and services.
Official website here: www.ufhealth.org
Who is the CEO of Shands Teaching Hospital And Clinics Inc?
Donald Henderson is the CEO of Shands Teaching Hospital And Clinics Inc The CEO's salary of Shands Teaching Hospital And Clinics Inc is $385,687 and their total compensation is $392,694.
Official website here: www.ufhealth.org
What is the revenue of Shands Teaching Hospital And Clinics Inc?
Shands Teaching Hospital And Clinics Inc's revenue in 2023 was $2,320,612,965.
Official website here: www.ufhealth.org
Who are the executives of Shands Teaching Hospital And Clinics Inc and what are their salaries?
The average compensation at Shands Teaching Hospital And Clinics Inc during 2023 was $48,978. There are 13474 employees and 1427 volunteers at Shands Teaching Hospital And Clinics Inc.
Here are 45 key members and their salaries (Shands Teaching Hospital And Clinics Inc's CEO's salary is $385,687 and their total compensation is $392,694):
- Compensation: $0
- Related: $1,566,779
- Other: $51,184
- Compensation: $2,899,973
- Related: $0
- Other: $38,142
- Compensation: $939,771
- Related: $0
- Other: $37,867
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $911,601
- Other: $38,962
- Compensation: $0
- Related: $748,858
- Other: $102,891
- Compensation: $0
- Related: $1,041,689
- Other: $38,612
- Compensation: $0
- Related: $394,207
- Other: $50,294
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,039,177
- Other: $40,307
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $648,726
- Other: $40,291
- Compensation: $0
- Related: $812,623
- Other: $40,618
- Compensation: $0
- Related: $792,666
- Other: $51,268
- 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: $699,898
- Other: $51,375
- Compensation: $0
- Related: $1,147,887
- Other: $120,025
- Compensation: $185,010
- Related: $0
- Other: $31,184
- Compensation: $249,272
- Related: $0
- Other: $39,923
- Compensation: $0
- Related: $550,657
- Other: $51,010
- Compensation: $0
- Related: $418,420
- Other: $60,189
- Compensation: $830,638
- Related: $0
- Other: $37,061
- Compensation: $334,531
- Related: $0
- Other: $39,557
- Compensation: $411,042
- Related: $0
- Other: $48,570
- Compensation: $422,566
- Related: $0
- Other: $34,535
- Compensation: $673,716
- Related: $0
- Other: $39,248
- Compensation: $447,951
- Related: $0
- Other: $40,580
- Compensation: $515,563
- Related: $0
- Other: $36,215
- Compensation: $407,667
- Related: $0
- Other: $35,683
- Compensation: $0
- Related: $334,414
- Other: $28,531
- Compensation: $410,933
- Related: $0
- Other: $37,397
- Compensation: $220,753
- Related: $0
- Other: $35,735
- Compensation: $520,133
- Related: $0
- Other: $46,072
- Compensation: $257,884
- Related: $0
- Other: $40,440
- Compensation: $327,477
- Related: $0
- Other: $22,797
- Compensation: $413,025
- Related: $0
- Other: $35,026
- Compensation: $545,405
- Related: $0
- Other: $33,069
- Compensation: $502,666
- Related: $0
- Other: $34,451
- Compensation: $625,365
- Related: $0
- Other: $41,131
- Compensation: $586,770
- Related: $53,240
- Other: $62,014
- Compensation: $385,687
- Related: $0
- Other: $7,007
Official website here: www.ufhealth.org
Where can I find the form 990 for Shands Teaching Hospital And Clinics Inc?
Shands Teaching Hospital And Clinics Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ufhealth.org
Learn more at the official website: www.ufhealth.org
Mission Statement of Shands Teaching Hospital And Clinics Inc
Shands Teaching Hospital and Clinics, Inc. (STHC) is a prominent not-for-profit corporation that runs a multi-hospital system, including a tertiary care teaching institution of 1030 beds, an inpatient psychiatric and substance abuse facility of 81 beds, and a hospital-based home care agency. STHC's overarching goal is to support the University of Florida's clinical, education, and research missions across over 100 specialty and subspecialty medical areas.
In alignment with its vision to improve health, STHC is deeply committed to the community. It takes a systematic and organized approach to meeting identified community health needs, focusing particularly on underprivileged groups. Its community benefit initiatives are the result of comprehensive assessments, strategic priorities, and partnerships. STHC's community benefit categories encompass financial assistance, community health services, health professions education, research, and donations.
Financially, STHC offers assistance to patients requiring care but lack the means to pay, providing free or discounted health and health-related services to those who qualify based on certain income and asset criteria. In terms of community health services, STHC offers education, counseling, and support services, as well as health care screenings. Health professions education is another significant area of focus, with STHC providing opportunities for physicians, nurses, and allied health professionals, in addition to scholarships for health professional education related to community health improvement services and specialty in-service programs for professionals in the community. STHC's research initiatives involve studies on healthcare delivery, unreimbursed studies on therapeutic protocols, evaluations of innovative treatments, and research papers prepared for professional journals. Lastly, donations include funds and in-kind services that benefit the community at large.
Through its various programs and initiatives, Shands Teaching Hospital and Clinics, Inc. demonstrates its unwavering dedication to improving the health and well-being of its community members.
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Impact
October, 2024
Shands Teaching Hospital and Clinics Inc. (STHC) plays a crucial role in enhancing community health and well-being in Gainesville, Florida, and its surrounding areas. As a comprehensive medical facility, it operates a multi-hospital system that includes a 1,030-bed tertiary care teaching institution and an 81-bed inpatient psychiatric and substance abuse facility. This extensive infrastructure supports the University of Florida's clinical, educational, and research initiatives across more than 100 medical specialties.
The impact of STHC is evident in its commitment to addressing the health needs of the community, particularly for vulnerable populations. Through its community benefit programs, STHC leverages a structured approach to community health needs assessments, enabling it to identify and respond to specific local health challenges. These initiatives are designed to improve overall health status and enhance the quality of life for residents, notably the poor and underserved groups.
Financial assistance plays a significant role in STHC’s operations, as it provides free or discounted health services to individuals meeting certain income and asset criteria. This effort ensures access to necessary care for those with limited financial resources. Furthermore, STHC promotes health education and preventive services through community health programs offering counseling, support, and health screenings.
The organization also emphasizes the training of future health care providers through its health professions education programs, which include internships and various educational opportunities for physicians, nurses, and allied health professionals. By nurturing the next generation of health care workers, STHC contributes to long-term improvements in local health care delivery.
Research is another cornerstone of STHC's impact. The hospital engages in studies focused on health care delivery, therapeutic protocols, and innovative treatments, thereby advancing medical knowledge and improving clinical practices.
In summary, Shands Teaching Hospital and Clinics Inc. not only plays a pivotal role in providing high-quality medical care but also serves as a catalyst for health improvement, education, and research in the community, reinforcing its commitment to enhancing the health and health outcomes of the population it serves.
This information is meant to be a general summary of Shands Teaching Hospital And Clinics 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 2023.
- Investment Income: $4,613,936
- Program Service Revenue: $2,251,904,251
- Gross Receipts: $2,321,570,458
Assets and Liabilities:
- Total Assets: $3,014,268,135
- Total Liabilities: $1,537,472,331
- Net Assets: $1,476,795,804
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Net Patient Service Revenue
Revenue
$2,243,444,512
Affiliate Rents
Revenue
$4,313,090
Addiction Recovery Programs
Revenue
$4,146,649
Organization Details
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