Overview
What is Bethesda Memorial Sit - Malpractice?
Bethesda Memorial Sit - Malpractice is a 501(c)(3) organization established by Bethesda Hospital, aiming to mitigate the high expenses associated with malpractice insurance coverage. This nonprofit, located in Boynton Beach, Florida, serves to safeguard Bethesda Hospital's assets and operations from potential malpractice losses and related expenditures. By establishing the Bethesda Self-Insurance Trust - Malpractice, the organization helps support Bethesda Hospital's operations financially, ensuring its continued service to the community.
Official website here: www.baptisthealth.net
Is Bethesda Memorial Sit - Malpractice legitimate?
Bethesda Memorial Sit - Malpractice is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethesda Memorial Sit - Malpractice 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.baptisthealth.net
What is the mission statement of Bethesda Memorial Sit - Malpractice?
The mission of Bethesda Memorial Sit - Malpractice, as a separate 501(c)(3) organization, is to aid Bethesda Hospital by managing the high costs associated with malpractice insurance coverage. This is achieved by establishing the Bethesda Self-Insurance Trust - Malpractice. The primary goal is to safeguard the hospital's assets and operational stability from potential malpractice losses and related expenses. This initiative is intended to protect the hospital financially, thereby ensuring its continued service to the community.
Official website here: www.baptisthealth.net
Who is the CEO of Bethesda Memorial Sit - Malpractice?
Unavailable The CEO's salary of Bethesda Memorial Sit - Malpractice is $0 and their total compensation is $963,355.
Official website here: www.baptisthealth.net
What is the revenue of Bethesda Memorial Sit - Malpractice?
Bethesda Memorial Sit - Malpractice's revenue in 2020 was $0.
Official website here: www.baptisthealth.net
Who are the executives of Bethesda Memorial Sit - Malpractice and what are their salaries?
Here are 2 key members and their salaries (Bethesda Memorial Sit - Malpractice's CEO's salary is $0 and their total compensation is $963,355):
- Compensation: $0
- Related: $848,150
- Other: $115,205
- Compensation: $0
- Related: $1,371,329
- Other: $25,814
Official website here: www.baptisthealth.net
Where can I find the form 990 for Bethesda Memorial Sit - Malpractice?
Bethesda Memorial Sit - Malpractice's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.baptisthealth.net
Learn more at the official website: www.baptisthealth.net
Mission Statement of Bethesda Memorial Sit - Malpractice
Bethesda Memorial Sit - Malpractice, a 501(c)(3) organization, was established with a mission to support Bethesda Hospital. Specifically, its purpose is to contain the high costs associated with malpractice insurance coverage. By organizing the Bethesda Self-Insurance Trust - Malpractice, a fellow 501(c)(3) entity, Bethesda Memorial Sit - Malpractice aims to safeguard the hospital's assets and operations from potential malpractice losses and related expenses. This proactive approach allows Bethesda Hospital to focus on its primary mission of providing healthcare services, while also protecting itself financially from the often substantial costs associated with malpractice claims.
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Impact
October, 2024
Bethesda Memorial Sit - Malpractice plays a significant role in supporting Bethesda Hospital by managing and reducing malpractice insurance costs. By establishing the Bethesda Self-Insurance Trust - Malpractice, the organization effectively mitigates the high expenses associated with malpractice coverage. This initiative helps protect the hospital's assets and operations from potential malpractice claims and associated financial burdens.
The impact is twofold: first, it provides a more sustainable insurance solution that can lead to overall cost savings for the hospital, enabling it to allocate resources more effectively towards patient care and facility improvements. Second, by reducing financial exposure related to malpractice losses, it helps to enhance the hospital's stability and reputation, fostering trust within the community it serves. Ultimately, Bethesda Memorial Sit - Malpractice contributes to a more secure operational framework for Bethesda Hospital, ensuring that it can maintain high-quality healthcare services for its patients.
This information is meant to be a general summary of Bethesda Memorial Sit - Malpractice. 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 2020.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1959
Phone
(561) 737-7733Main Address
2815 S SEACREST BLVD, BOYNTON BEACH, FL, 33435
Website
www.baptisthealth.netNTEE Category
Code: Y20Z - Mutual benefit
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