Overview
What is Wellmont Health System?
Wellmont Health System is a leading healthcare provider in Northeast Tennessee and Southwest Virginia, committed to delivering exceptional and comprehensive healthcare services. Their mission is to honor those they serve by providing the best possible care. Wellmont Health System covers a wide range of healthcare and wellness offerings across the region, striving to make a positive impact on the health of the community.
Official website here: www.balladhealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Wellmont Health System has earned a solid Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating is primarily based on the organization's accountability and finance practices, indicating a strong adherence to financial oversight and transparency. The organization scored full points in several critical areas, including its audit oversight and conflict of interest policies, which showcases a commitment to ethical management and governance.
The financial health of Wellmont Health System appears robust, with a program expense ratio of 83.16%, suggesting that the majority of its resources are directed towards its programs rather than administrative costs. Additionally, the organization has maintained a low liabilities-to-assets ratio of 37.70%, indicating sound financial management and stability. These aspects contribute positively to its reputation among stakeholders and potential donors.
However, while the organization demonstrates strong financial accountability, the rating does not provide insights into programmatic effectiveness or community impact. Potential donors may want to consider this limitation and look for additional information regarding the outcomes of Wellmont's services and programs to make a well-informed decision.
This AI summary has been generated from information found on Charity Navigator.
Is Wellmont Health System legitimate?
Wellmont Health System is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wellmont Health System 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: $2,887,724
Professional Fundraising Fees: $0
Other Salaries and Wages: $245,452,326
For more financial information, click here
Official website here: www.balladhealth.org
What is the mission statement of Wellmont Health System?
Wellmont Health System is committed to delivering the highest quality care to those it serves. This mission drives the organization to provide top-notch healthcare and wellness services across the region. By focusing on excellence, Wellmont Health System aims to make a positive impact on the lives of its patients. The healthcare system covers a broad spectrum of services, ensuring comprehensive care for all. In addition to delivering quality care, Wellmont Health System is dedicated to improving the health of the community it serves in Northeast Tennessee and Southwest Virginia.
Official website here: www.balladhealth.org
Who is the CEO of Wellmont Health System?
Dale Clark Ceo Scch is the CEO of Wellmont Health System The CEO's salary of Wellmont Health System is $0 and their total compensation is $401,558.
Official website here: www.balladhealth.org
What is the revenue of Wellmont Health System?
Wellmont Health System's revenue in 2024 was $856,912,729.
Official website here: www.balladhealth.org
Who are the executives of Wellmont Health System and what are their salaries?
The average compensation at Wellmont Health System during 2024 was $61,853. There are 4015 employees and 223 volunteers at Wellmont Health System.
Here are 24 key members and their salaries (Wellmont Health System's CEO's salary is $0 and their total compensation is $401,558):
- Compensation: $0
- Related: $1,983,279
- Other: $264,516
- Compensation: $0
- Related: $1,073,543
- Other: $50,738
- Compensation: $0
- Related: $1,121,767
- Other: $123,774
- Compensation: $0
- Related: $567,016
- Other: $57,811
- Compensation: $0
- Related: $994,596
- Other: $120,642
- Compensation: $0
- Related: $630,028
- Other: $100,190
- Compensation: $312,807
- Related: $0
- Other: $41,791
- Compensation: $269,410
- Related: $0
- Other: $37,991
- Compensation: $670,212
- Related: $0
- Other: $102,764
- Compensation: $0
- Related: $368,116
- Other: $47,618
- Compensation: $478,955
- Related: $0
- Other: $40,315
- Compensation: $0
- Related: $341,543
- Other: $42,654
- Compensation: $0
- Related: $263,848
- Other: $34,255
- Compensation: $325,674
- Related: $0
- Other: $29,484
- Compensation: $0
- Related: $494,855
- Other: $48,168
- Compensation: $524,878
- Related: $0
- Other: $48,010
- Compensation: $503,814
- Related: $0
- Other: $11,913
- Compensation: $420,525
- Related: $0
- Other: $41,188
- Compensation: $425,074
- Related: $0
- Other: $21,325
- Compensation: $364,935
- Related: $0
- Other: $38,886
- Compensation: $0
- Related: $398,602
- Other: $62,837
- Compensation: $0
- Related: $162,508
- Other: $2,542
- Compensation: $0
- Related: $374,759
- Other: $26,799
- Compensation: $0
- Related: $586,458
- Other: $82,904
Official website here: www.balladhealth.org
Where can I find the form 990 for Wellmont Health System?
Wellmont Health System's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.balladhealth.org
Learn more at the official website: www.balladhealth.org
Mission Statement of Wellmont Health System
Wellmont Health System, a leading healthcare provider, is committed to delivering the best possible care to those it serves. Based in Northeast Tennessee and Southwest Virginia, the organization goes above and beyond to offer top-quality, comprehensive healthcare and wellness services to the region. The team at Wellmont Health System is deeply dedicated to improving the health of their community and striving for excellence in every aspect of care.
Wellmont Health System's mission is driven by a deep-rooted desire to make a positive impact on the lives of the people they serve. By providing exceptional healthcare services, they aim to honor and uplift those in need of care. The organization's ultimate goal is to create a healthier, happier community where everyone can thrive.
Ballad Health, the dedicated partner of Wellmont Health System, shares the same commitment to improving the health of the 29-county Appalachian Highlands region. Together, they work tirelessly to address the unique healthcare challenges facing their community and provide innovative solutions to help people live their best lives. With a focus on preventative care, access to healthcare services, and a patient-centered approach, Wellmont Health System and Ballad Health are making a real difference in the lives of countless individuals.
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Impact
October, 2024
Wellmont Health System has a significant impact on the healthcare landscape of Northeast Tennessee and Southwest Virginia. By delivering comprehensive healthcare and wellness services, they serve as the premier provider in the region, addressing the diverse health needs of the communities they support. Their mission is centered around honoring those they serve by ensuring the highest quality of care, which plays a crucial role in enhancing the overall health outcomes for residents in the 29-county Appalachian Highlands region. Through a commitment to quality and accessibility, Wellmont Health System contributes to the well-being of the population it serves, fostering a healthier community.
This information is meant to be a general summary of Wellmont Health System. 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 2024.
- Investment Income: $399,055
- Program Service Revenue: $847,869,552
- Gross Receipts: $859,096,810
Assets and Liabilities:
- Total Assets: $438,048,848
- Total Liabilities: $206,999,216
- Net Assets: $231,049,632
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Patient Revenue
Revenue
$846,349,726
Rent to Exempt Affiliates
Revenue
$1,179,637
Wellness Program Revenue
Revenue
$340,189
Organization Details
Founding Year
1996
Principal Officer
Alan Levine Bh Presceo
Website
www.balladhealth.orgNTEE Category
Code: E210 - Health
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