Overview
What is Lakeland Regional Health Systems Inc?
Lakeland Regional Health Systems Inc is a nonprofit organization located at 1324 Lakeland Hills Boulevard, Lakeland, Florida, with a ZIP code of 33805. The mission of this organization is to establish itself as a leading, financially robust, and expanding collaborative regional health system. By providing safe, top-notch, accessible, and affordable healthcare, Lakeland Regional Health Systems Inc aims to enhance lives and demonstrate an equal dedication to the promotion of individual and community health, wellness, and disease prevention. The organization employs 984 individuals and is committed to improving lives through quality healthcare and community welfare.
Official website here: www.mylrh.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Lakeland Regional Health Systems Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting exceptional accountability and financial health. The organization demonstrates a strong governance structure with a fully independent board and robust oversight protocols, ensuring transparency in its operations. Its high scores in areas such as financial statements and the absence of material diversion of assets further reinforce the organization's commitment to effective management.
The organization allocates a significant portion of its expenses, 83.34%, directly to its programs, showcasing its dedication to fulfilling its mission. This program expense ratio indicates that Lakeland Regional Health Systems prioritizes service delivery over administrative costs. Such a focus is essential for building donor trust and ensuring that contributions are directed towards impactful outcomes.
While the data highlights many strengths, it is important to remain aware that financial ratings do not encompass all aspects of a nonprofit's operations or community impact. Potential donors and stakeholders should consider additional factors, such as program effectiveness and community feedback, to gain a comprehensive view of the organization's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Lakeland Regional Health Systems Inc legitimate?
Lakeland Regional Health Systems Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeland Regional Health Systems 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $107,942,152
For more financial information, click here
Official website here: www.mylrh.org
What is the mission statement of Lakeland Regional Health Systems Inc?
Lakeland Regional Health Systems Inc strives to establish itself as a leading, financially robust and expanding collaborative healthcare organization. It aspires to make a positive impact on people's lives by delivering safe, top-notch, inclusive, and economical healthcare services. The organization is deeply dedicated to promoting individual and community health, wellness, and disease prevention in equal measure.
Official website here: www.mylrh.org
Who is the CEO of Lakeland Regional Health Systems Inc?
Danielle Drummond is the President/Chief Exec. Officer of Lakeland Regional Health Systems Inc. The CEO's salary of Lakeland Regional Health Systems Inc is $0 and their total compensation is $462,661.
Official website here: www.mylrh.org
What is the revenue of Lakeland Regional Health Systems Inc?
Lakeland Regional Health Systems Inc's revenue in 2022 was $93,957,120.
Official website here: www.mylrh.org
Who are the executives of Lakeland Regional Health Systems Inc and what are their salaries?
The average compensation at Lakeland Regional Health Systems Inc during 2022 was $109,697. There are 984 employees at Lakeland Regional Health Systems Inc.
Here are 22 key members and their salaries (Lakeland Regional Health Systems Inc's CEO's salary is $0 and their total compensation is $462,661):
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- Related: $1,125,808
- Other: $89,605
- Compensation: $0
- Related: $576,208
- Other: $104,209
- Compensation: $1,034,652
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- Other: $28,178
- Compensation: $1,105,582
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- Other: $18,008
- Compensation: $1,264,833
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- Other: $46,455
- Compensation: $954,524
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- Other: $43,746
- Compensation: $1,143,722
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- Other: $43,148
- Compensation: $0
- Related: $454,732
- Other: $7,929
Official website here: www.mylrh.org
Where can I find the form 990 for Lakeland Regional Health Systems Inc?
Lakeland Regional Health Systems Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mylrh.org
Learn more at the official website: www.mylrh.org
Mission Statement of Lakeland Regional Health Systems Inc
Lakeland Regional Health Systems Inc, a leading organization in the healthcare sector, is dedicated to the development of a nationally recognized, financially stable, and expanding collaborative regional health system. By prioritizing safety, high-quality care, equity, and affordability, this organization strives to significantly improve the lives of individuals and communities. Committed to the dual goals of providing exceptional healthcare services and promoting individual and community health, wellness, and disease prevention, Lakeland Regional Health Systems Inc is making a profound impact in the lives of many.
In pursuit of this mission, the organization is deeply invested in offering healthcare that is not only effective but also accessible and affordable for all. By fostering a culture of collaboration, Lakeland Regional Health Systems Inc aims to create a healthcare ecosystem that delivers top-tier services, ensuring that individuals receive the care they need to lead healthy, fulfilling lives. Furthermore, the organization places equal emphasis on the importance of prevention and wellness, recognizing that a proactive approach to healthcare is essential to ensuring long-term health and reducing the burden of disease.
Lakeland Regional Health Systems Inc's commitment to the well-being of individuals and communities extends beyond the walls of its healthcare facilities. The organization is a trailblazer in the healthcare sector, consistently pushing the boundaries of innovation and excellence to make a positive impact on people's lives. Through its dedication to safe, high-quality, equitable, and affordable healthcare, Lakeland Regional Health Systems Inc continues to lead the charge in improving lives and creating healthier communities.
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Impact
October, 2024
Lakeland Regional Health Systems Inc significantly impacts its community by striving to become a leading regional health system recognized for its quality and affordability. It focuses on delivering safe and equitable healthcare, ensuring that individuals have access to the medical services they need without financial barriers. The organization emphasizes the importance of health and wellness, not just through treatment, but by actively promoting disease prevention and community well-being.
By fostering collaboration among healthcare providers and engaging with the community, Lakeland Regional Health is creating a more integrated healthcare experience. This approach enhances overall health outcomes and encourages a proactive stance towards individual and public health. The organization’s commitment to high-quality care and prevention initiatives not only improves lives but also aims to build a healthier, more resilient community.
This information is meant to be a general summary of Lakeland Regional Health Systems 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 2022.
- Investment Income: $5,341,604
- Program Service Revenue: $85,670,555
- Gross Receipts: $93,957,120
Assets and Liabilities:
- Total Assets: $666,507,402
- Total Liabilities: $111,797,185
- Net Assets: $554,710,217
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Net Patient Services
Revenue
$83,654,416
Rental Income
Revenue
$219,929
Organization Details
Founding Year
1986
Phone
(863) 687-1100Principal Officer
Danielle Drummond
Main Address
1324 Lakeland Hills Boulevard, Lakeland, FL, 33805
Website
www.mylrh.orgNTEE Category
Code: E210 - Health
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