Overview
What is Hospital De La Concepcion Inc?
Hospital De La Concepcion Inc is a nonprofit organization located primarily in the southwestern area of Puerto Rico. With a commitment to providing high-quality healthcare services, the organization served over 46,000 patient days and 39,000 emergency visits, along with 7,000 inpatient and rehabilitation admissions during the year ending December 31, 2022. The mission of Hospital De La Concepcion Inc is to cater to the physical and spiritual needs of its patients according to Christian moral values. With a workforce of 1,053 employees, the organization provides a range of healthcare services, including inpatient, outpatient, and emergency care.
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star rating
Hospital De La Concepcion Inc has received a commendable Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The organization excels in its financial practices, achieving a perfect score in most metrics, including having a fully independent board and robust oversight mechanisms.
The nonprofit demonstrates effective management with a program expense ratio of 70.53%, showcasing its dedication to allocating funds towards its mission rather than administrative costs. Additionally, the organization has no reported issues with asset diversion and maintains comprehensive policies regarding conflicts of interest and document retention, reflecting a high degree of transparency.
Despite the positive assessment, the rating is solely based on financial accountability metrics, which suggests that potential donors may want to consider other aspects of the organization's performance and impact. Overall, Hospital De La Concepcion Inc stands out for its responsible financial management and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Hospital De La Concepcion Inc legitimate?
Hospital De La Concepcion Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hospital De La Concepcion 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: $3,792,320
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,420,773
For more financial information, click here
What is the mission statement of Hospital De La Concepcion Inc?
Hospital De La Concepcion Inc is dedicated to delivering high-quality healthcare services that cater to both the physical and spiritual needs of its patients, adhering to Christian moral principles. The organization offers inpatient, outpatient, and emergency services primarily for residents in the southwestern region of Puerto Rico. During the previous year, the hospital recorded 7,169 admissions, 45,769 patient days, 6,474 patient rehabilitation days, and 39,877 emergency visits, among other services. By prioritizing the well-being of its patients in a compassionate and ethical manner, Hospital De La Concepcion Inc strives to make a positive impact on their lives.
Who is the CEO of Hospital De La Concepcion Inc?
Gustavo A Almodovar is the Ceo of Hospital De La Concepcion Inc. The CEO's salary of Hospital De La Concepcion Inc is $762,722 and their total compensation is $762,722.
What is the revenue of Hospital De La Concepcion Inc?
Hospital De La Concepcion Inc's revenue in 2022 was $94,733,146.
Who are the executives of Hospital De La Concepcion Inc and what are their salaries?
The average compensation at Hospital De La Concepcion Inc during 2022 was $29,642. There are 1053 employees at Hospital De La Concepcion Inc.
Here are 22 key members and their salaries (Hospital De La Concepcion Inc's CEO's salary is $762,722 and their total compensation is $762,722):
- Compensation: $762,722
- Related: $0
- Other: $0
- Compensation: $409,444
- Related: $0
- Other: $0
- Compensation: $373,845
- Related: $0
- Other: $0
- Compensation: $251,098
- Related: $0
- Other: $0
- Compensation: $236,736
- Related: $0
- Other: $0
- Compensation: $205,444
- Related: $0
- Other: $0
- Compensation: $166,064
- Related: $0
- Other: $0
- Compensation: $153,058
- Related: $0
- Other: $0
- Compensation: $144,491
- Related: $0
- Other: $0
- Compensation: $143,413
- Related: $0
- Other: $0
- Compensation: $129,271
- Related: $0
- Other: $0
- Compensation: $127,489
- Related: $0
- Other: $0
- Compensation: $125,917
- Related: $0
- Other: $0
- Compensation: $123,348
- Related: $0
- Other: $0
- Compensation: $115,990
- Related: $0
- Other: $0
- Compensation: $110,350
- Related: $0
- Other: $0
- Compensation: $109,284
- Related: $0
- Other: $0
- Compensation: $104,356
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hospital De La Concepcion Inc?
Hospital De La Concepcion Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hospital De La Concepcion Inc
Hospital De La Concepcion Inc, a mission-driven organization, is dedicated to delivering top-tier healthcare services that cater to both the physical and spiritual needs of its patients, in accordance with Christian moral values. This nonprofit entity prioritizes the wellbeing of individuals in the southwestern region of Puerto Rico by offering a range of healthcare services.
During the year ending December 31, 2022, Hospital De La Concepcion Inc provided an impressive array of healthcare services. These services encompassed 7,169 inpatient admissions, 45,769 patient days, 6,474 patient rehabilitation days, and 39,877 emergency visits. The organization's efforts extended beyond the hospital walls, demonstrating its commitment to the community it serves.
Hospital De La Concepcion Inc's unwavering dedication to its patients is evident in its provision of comprehensive healthcare services. Its team of healthcare professionals works diligently to ensure that every patient's unique needs are met, aligning with the organization's mission to provide high-quality care that resonates with the spiritual aspects of care. By delivering services that address both the physical and spiritual aspects of healing, Hospital De La Concepcion Inc sets itself apart as a compassionate and dedicated healthcare provider.
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Impact
October, 2024
Hospital De La Concepcion Inc significantly impacts the health and wellbeing of the community in southwestern Puerto Rico by providing high-quality healthcare services that address both the physical and spiritual needs of patients. In the year ending December 31, 2022, the hospital recorded 7,169 patient admissions and facilitated a remarkable 45,769 patient days, demonstrating its capacity to serve a large number of individuals in need of care.
The facility's commitment to rehabilitation is evident, with 6,474 patient rehabilitation days, highlighting its role in aiding recovery and improving the quality of life for those it serves. Furthermore, the hospital handled 39,877 emergency visits, ensuring that critical care is accessible for urgent medical situations.
Through these comprehensive services, Hospital De La Concepcion Inc plays a crucial role in enhancing community health outcomes, fostering a supportive environment that aligns with its mission to care for patients holistically.
This information is meant to be a general summary of Hospital De La Concepcion 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: -$826,001
- Program Service Revenue: $92,411,476
- Gross Receipts: $118,602,432
Assets and Liabilities:
- Total Assets: $103,342,046
- Total Liabilities: $22,164,831
- Net Assets: $81,177,215
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$86,872,282
CAPITATION REVENUE
Revenue
$4,082,677
PANDEMIC RELIEF FUNDS
Revenue
$967,400
EHR INCENTIVE FROM CMS
Revenue
$489,117
Organization Details
Founding Year
1956
Phone
(787) 892-1860Principal Officer
Gustavo A Almodovar
NTEE Category
Code: E22 - Health
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