Overview
What is Norton Hospitals Inc?
Norton Hospitals Inc, headquartered in Louisville, Kentucky, is a renowned nonprofit organization dedicated to delivering high-quality healthcare services to the community. With a workforce of over 12,000 employees, they operate five hospitals: Norton Hospital, Norton Children's Hospital, Norton Audubon Hospital, Norton Women's and Children's Hospital, and Norton Brownsboro Hospital, which together have a combined total of 1,907 licensed beds. Their mission revolves around providing healthcare facilities and services to the sick and injured, conducting educational activities, and promoting scientific research. In 2022, they attended to 65,959 inpatients, 659,044 outpatients, and provided care to 254,632 emergency department visits, among other impressive statistics. Additionally, they offer free care through their charity program and provide substantial educational support, primarily to the University of Louisville School of Medicine. Norton Hospitals Inc's commitment to community health improvement and support to community groups further underscores their dedication to enhancing the well-being of the communities they serve.
Official website here: www.nortonhealthcare.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Norton Hospitals Inc has achieved an impressive 96% rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. This rating is based entirely on a single beacon score focused on accountability and finance, indicating that the organization has solid operational practices in place.
The nonprofit demonstrates exceptional governance with a board consisting of 95% independent members and a total of 21 board members, which is a positive sign of organizational integrity. Furthermore, Norton Hospitals Inc excels in various financial metrics, including a high program expense ratio of 97.78%, suggesting that a significant portion of its funds is directed toward its mission-related programs.
While the organization shows no material diversion of assets and maintains robust policies like conflict of interest and whistleblower protections, the data does not provide specific information on program outcomes or community impact. This leaves potential supporters with limited insight into how effectively the organization is achieving its mission beyond financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Norton Hospitals Inc legitimate?
Norton Hospitals Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Norton Hospitals 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: $3,099,288
Professional Fundraising Fees: $0
Other Salaries and Wages: $699,496,632
For more financial information, click here
Official website here: www.nortonhealthcare.com
What is the mission statement of Norton Hospitals Inc?
Norton Hospitals Inc is dedicated to delivering quality healthcare to all those it serves, aligning its services with the needs of the community and in accordance with its faith heritage. The organization was established to provide hospital and healthcare facilities and services for the care and treatment of ill and injured individuals, as well as to conduct educational activities and scientific research related to healthcare. With a total of 1,907 licensed beds and 24/7 operation, Norton Hospitals served over 659,000 outpatients and 65,959 inpatients in 2022. Through its charity care program, the organization provided free care to 6,574 patients and discounted rates to an additional 6,183 patients. Additionally, Norton Hospitals contributed $77.5 million in educational support and clinical funding, primarily to the University of Louisville School of Medicine. Residency programs, which are part of this educational support, enable 211 residents to complete clinical rotations in 50 specialties at Norton Healthcare facilities.
Official website here: www.nortonhealthcare.com
Who is the CEO of Norton Hospitals Inc?
Unavailable The CEO's salary of Norton Hospitals Inc is $0 and their total compensation is $4,959,205.
Official website here: www.nortonhealthcare.com
What is the revenue of Norton Hospitals Inc?
Norton Hospitals Inc's revenue in 2022 was $2,627,705,210.
Official website here: www.nortonhealthcare.com
Who are the executives of Norton Hospitals Inc and what are their salaries?
The average compensation at Norton Hospitals Inc during 2022 was $54,976. There are 12780 employees and 289 volunteers at Norton Hospitals Inc.
Here are 39 key members and their salaries (Norton Hospitals Inc's CEO's salary is $0 and their total compensation is $4,959,205):
- Compensation: $0
- Related: $4,778,102
- Other: $181,103
- Compensation: $0
- Related: $2,000
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $2,000
- Other: $0
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- Related: $2,000
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $2,000
- Other: $0
- Compensation: $0
- Related: $2,000
- Other: $0
- Compensation: $0
- Related: $2,000
- Other: $0
- Compensation: $0
- Related: $2,000
- Other: $0
- Compensation: $0
- Related: $2,000
- Other: $0
- Compensation: $0
- Related: $2,000
- Other: $0
- Compensation: $0
- Related: $2,000
- Other: $0
- Compensation: $0
- Related: $2,000
- Other: $0
- Compensation: $0
- Related: $2,000
- Other: $0
- Compensation: $0
- Related: $2,000
- Other: $0
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- Related: $2,000
- Other: $0
- Compensation: $0
- Related: $2,000
- Other: $0
- Compensation: $0
- Related: $2,000
- Other: $0
- Compensation: $0
- Related: $2,000
- Other: $0
- Compensation: $0
- Related: $2,000
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $2,000
- Other: $0
- Compensation: $0
- Related: $2,000
- Other: $0
- Compensation: $0
- Related: $1,039,507
- Other: $178,515
- Compensation: $0
- Related: $1,834,089
- Other: $133,598
- Compensation: $0
- Related: $1,116,031
- Other: $90,244
- Compensation: $499,691
- Related: $0
- Other: $552,632
- Compensation: $395,341
- Related: $198,638
- Other: $126,651
- Compensation: $535,504
- Related: $0
- Other: $118,697
- Compensation: $957,323
- Related: $0
- Other: $153,513
- Compensation: $489,592
- Related: $0
- Other: $69,933
- Compensation: $582,984
- Related: $0
- Other: $105,848
- Compensation: $1,770,254
- Related: $0
- Other: $78,433
- Compensation: $1,331,996
- Related: $0
- Other: $60,328
- Compensation: $1,395,625
- Related: $0
- Other: $64,291
- Compensation: $1,379,763
- Related: $0
- Other: $56,784
- Compensation: $1,473,156
- Related: $0
- Other: $56,738
Official website here: www.nortonhealthcare.com
Where can I find the form 990 for Norton Hospitals Inc?
Norton Hospitals Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nortonhealthcare.com
Learn more at the official website: www.nortonhealthcare.com
Mission Statement of Norton Hospitals Inc
Norton Hospitals, Inc., a renowned nonprofit organization, is dedicated to delivering high-quality healthcare to all individuals it serves. This commitment is rooted in the organization's deep connection to the communities it serves and its faith heritage.
Founded with the mission to provide hospital or health care facilities and services for the care and treatment of ill and injured persons, as well as conduct educational activities and scientific research related to health care, Norton Hospitals, Inc. operates five hospitals with a combined total of 1,907 licensed beds. These hospitals, Norton Hospital, Norton Children's Hospital, Norton Audubon Hospital, Norton Women's and Children's Hospital, and Norton Brownsboro Hospital, are open 24 hours a day, seven days a week.
In the year 2022, these hospitals and diagnostic centers catered to 65,959 inpatients, 659,044 outpatients, 254,632 emergency department visits, and 33,332 observation cases. Moreover, they cared for 16,402 inpatient surgical patients and 38,876 outpatient surgical patients. In addition, 8,356 deliveries were performed at Norton Healthcare birthing centers.
Norton Hospitals, Inc. is deeply committed to improving the health of its community. In 2022, the organization provided free care to 6,574 patients under its charity care program, at a cost of $15.4 million. It also granted discounts from billed charges to 6,183 uninsured or underprivileged patients. Furthermore, Norton Healthcare made significant contributions to community health improvement services, totaling $27.1 million, and to community groups, amounting to $2.2 million.
The organization also supports the University of Louisville (UofL) School of Medicine through funding and facilities, providing clinical rotations for 211 residents in 50 specialties. Norton Healthcare's educational support and clinical funding to the medical school amounted to $77.5 million in 2022. These residency programs are an essential component of Norton Healthcare's dedication to the health and well-being of its community.
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Impact
October, 2024
Norton Hospitals Inc. significantly impacts the health and well-being of the communities it serves in Kentucky. With a total of 1,907 licensed beds across its various facilities, including Norton Hospital, Norton Children's Hospital, and others, it plays a crucial role in delivering comprehensive healthcare services. In 2022, the organization attended to a substantial number of patients, with over 65,000 inpatients and nearly 660,000 outpatients, demonstrating its capacity to meet diverse healthcare needs.
The hospitals operated by Norton Hospitals Inc. are equipped to handle emergency situations, evidenced by over 254,000 emergency department visits. Furthermore, their surgical services highlight their commitment to advanced medical procedures, having cared for over 55,000 surgical patients across various settings, including 8,356 deliveries in birthing centers.
Norton Hospitals Inc. is dedicated to enhancing community health beyond direct care. It provided $15.4 million in charity care, helping 6,574 patients access essential medical services free of charge. Additionally, the organization supports patients lacking insurance through discounted care, benefitting over 6,100 individuals at reduced rates.
Educational initiatives are also a significant focus for Norton Hospitals Inc., with $77.5 million allocated to support the University of Louisville School of Medicine. This investment fosters medical education and training, exemplified by the 211 residents who completed clinical rotations at Norton facilities, ensuring a pipeline of skilled healthcare professionals for the future.
Overall, Norton Hospitals Inc. plays a vital role in not only treating illness and injury but also promoting health education and supporting community welfare, thereby advancing the overall health landscape of Louisville and surrounding areas.
This information is meant to be a general summary of Norton Hospitals 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.
- Program Service Revenue: $2,590,071,928
- Gross Receipts: $2,629,119,272
Assets and Liabilities:
- Total Assets: $3,620,090,960
- Total Liabilities: $166,386,443
- Net Assets: $3,453,704,517
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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
$2,589,779,491
Healthcare Education
Revenue
$292,437
Organization Details
Founding Year
1969
Phone
(502) 629-8263Main Address
Accounting 224 E Broadway 5th Floor, Louisville, KY, 40202
Website
www.nortonhealthcare.comNTEE Category
Code: E220 - Health
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