Overview
What is Bethesda Memorial Sit - Workman's Comp?
Bethesda Memorial Sit - Workman's Comp, a 501(c)(3) organization, was established by Bethesda Hospital to address the high costs of workman's compensation insurance coverage. Located in Boynton Beach, Florida, this nonprofit aims to safeguard Bethesda Hospital's assets and operations from workman's compensation losses and related expenses. By operating as a self-insurance trust, Bethesda Memorial Sit - Workman's Comp provides a cost-containment solution for the hospital, ultimately supporting its overall operations.
Official website here: www.baptisthealth.net
Is Bethesda Memorial Sit - Workman's Comp legitimate?
Bethesda Memorial Sit - Workman's Comp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethesda Memorial Sit - Workman's Comp 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 - Workman's Comp?
The mission of Bethesda Memorial Sit - Workman's Comp, as a supporting organization, is to aid Bethesda Hospital by managing the costs associated with workers' compensation insurance. By establishing the Bethesda Self-Insurance Trust - Workman's Compensation, a separate 501(c)(3) organization, they aim to reduce the high expenses of workers' compensation insurance coverage and safeguard the hospital's assets and operations from potential losses and related expenses related to workers' compensation claims. This initiative is crucial for maintaining the hospital's financial stability and ensuring its continued operation.
Official website here: www.baptisthealth.net
Who is the CEO of Bethesda Memorial Sit - Workman's Comp?
Unavailable The CEO's salary of Bethesda Memorial Sit - Workman's Comp is $0 and their total compensation is $963,355.
Official website here: www.baptisthealth.net
What is the revenue of Bethesda Memorial Sit - Workman's Comp?
Bethesda Memorial Sit - Workman's Comp's revenue in 2020 was $0.
Official website here: www.baptisthealth.net
Who are the executives of Bethesda Memorial Sit - Workman's Comp and what are their salaries?
Here are 2 key members and their salaries (Bethesda Memorial Sit - Workman's Comp'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 - Workman's Comp?
Bethesda Memorial Sit - Workman's Comp'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 - Workman's Comp
Bethesda Memorial Sit - Workman's Comp, as a 501(c)(3) organization, was established by Bethesda Hospital with a mission to support its operations by containing the high costs associated with Workman's Compensation insurance coverage. Recognizing the potential financial impact of Workman's Compensation losses and related expenses, Bethesda Memorial Sit - Workman's Comp was formed to protect the hospital's assets and ensure its continued operation. By organizing a self-insurance trust, Bethesda Memorial Sit - Workman's Comp aims to mitigate the financial burden of Workman's Compensation claims, thereby supporting the overall mission and goals of Bethesda Hospital.
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Impact
October, 2024
Bethesda Memorial Sit - Workman's Comp plays a crucial role in managing and containing insurance costs for Bethesda Hospital. By establishing the Bethesda Self-Insurance Trust for Workman's Compensation, the organization seeks to reduce the high expenses associated with workman's compensation insurance. This proactive approach not only protects the hospital’s financial assets but also ensures that operational costs are kept in check, allowing Bethesda Hospital to allocate more resources to patient care and community health services. The initiative enhances the hospital's resilience against unexpected liabilities related to work-related injuries, fostering a safer working environment while simultaneously supporting its mission to provide quality care.
This information is meant to be a general summary of Bethesda Memorial Sit - Workman's Comp. 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: Y11 - Mutual benefit
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