Overview
What is Ryder Memorial Hospital Inc?
Ryder Memorial Hospital Inc, a non-profit institution based in Humacao, Puerto Rico, delivers essential healthcare services to the community. Established under Puerto Rican law, the organization caters to a predominantly Medicare, Puerto Rico Health Reform Program, and commercially insured population. In 2022, the hospital reported an increase of 346 admissions compared to the previous year, with a total of 3,449 inpatient admissions and 22,454 patient days. Despite the growth, the mission remains to provide indispensable healthcare services to the community. The hospital's workforce comprises 507 dedicated employees.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 70% (Two-Star out of Four Stars)
Ryder Memorial Hospital Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance in its accountability and finance practices. The organization excels in governance, with a fully independent board and robust oversight measures, scoring highly in areas such as board independence, conflict of interest policy, and documentation of board meeting minutes.
However, the overall score is diminished by its financial health, particularly due to a high liabilities-to-assets ratio, which received no points. This suggests potential concerns about the financial stability of the organization. Despite a solid program expense ratio indicating effective use of funds for its mission, the liabilities issue presents limitations in the organization's financial outlook.
In summary, while Ryder Memorial Hospital Inc demonstrates strong governance practices, the financial challenges indicated by its liabilities may warrant caution for potential donors or stakeholders assessing its long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Ryder Memorial Hospital Inc legitimate?
Ryder Memorial Hospital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ryder Memorial Hospital 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: $479,805
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Ryder Memorial Hospital Inc?
Ryder Memorial Hospital Inc is dedicated to delivering essential health care services to the community. As a non-profit organization, it offers both inpatient and outpatient care, as well as emergency services. The hospital primarily serves a population covered by Medicare, Puerto Rico Health Reform Program, and commercial insurance carriers. In the year ending December 31, 2022, the hospital recorded 3,449 inpatient admissions, a noticeable increase compared to the previous year. Patient days totaled 22,454. The organization's mission is focused on addressing the health care needs of the community.
Who is the CEO of Ryder Memorial Hospital Inc?
Carmen Coln Melndez is the Medical Dire of Ryder Memorial Hospital Inc.
What is the revenue of Ryder Memorial Hospital Inc?
Ryder Memorial Hospital Inc's revenue in 2022 was $50,065,682.
Who are the executives of Ryder Memorial Hospital Inc and what are their salaries?
The average compensation at Ryder Memorial Hospital Inc during 2022 was $946. There are 507 employees at Ryder Memorial Hospital Inc.
Here are 22 key members and their salaries:
- Compensation: $145,850
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- Compensation: $117,350
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- Compensation: $75,350
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- Compensation: $38,944
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Where can I find the form 990 for Ryder Memorial Hospital Inc?
Ryder Memorial Hospital Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ryder Memorial Hospital Inc
Ryder Memorial Hospital Inc is a non-profit organization that dedicates itself to delivering essential healthcare services to the community. The mission of Ryder Memorial Hospital Inc is focused on providing much-needed healthcare solutions to the population, catering primarily to individuals under Medicare, Puerto Rico Health Reform Program, and commercial insurance carriers.
The organization operates with a commitment to helping people access both inpatient and outpatient care, including emergency services. In the fiscal year ending December 31, 2022, Ryder Memorial Hospital Inc recorded 3,449 inpatient admissions, marking an increase of 346 admissions from the previous year. This statistic underscores the organization's vital role in the community and its unwavering dedication to serving its patient base.
In addition to inpatient care, the hospital offers a substantial number of patient days totaling 22,454 for the same timeframe. The organization's contributions to the community extend beyond just medical care, with its focus on ensuring that individuals receive the necessary healthcare services to support their overall well-being.
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Impact
October, 2024
Ryder Memorial Hospital Inc significantly impacts the community by providing essential healthcare services. The hospital caters to both inpatient and outpatient needs, including critical emergency services, ensuring that the population has access to immediate medical care. In the year ending December 31, 2022, the hospital recorded 3,449 inpatient admissions, reflecting a substantial increase from the previous year, indicating growing reliance on its services. Additionally, with 22,454 patient days logged, Ryder Memorial plays a pivotal role in addressing the healthcare demands of the community, particularly for those enrolled in programs like Medicare, the Puerto Rico Health Reform Program, and various commercial insurance plans. This underscores the hospital's commitment to promoting health and well-being within the community it serves.
This information is meant to be a general summary of Ryder Memorial Hospital 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: -$258,301
- Program Service Revenue: $50,323,983
- Gross Receipts: $50,065,682
Assets and Liabilities:
- Total Assets: $29,823,478
- Total Liabilities: $22,280,315
- Net Assets: $7,543,163
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOSPITAL & MEDICAL SERVICES
Revenue
$32,436,701
CAPITATION REVENUE
Revenue
$16,106,833
ALL OTHER SERVICE REVENUE
Revenue
$1,318,023
PANDEMIC RELIEF FUND COVID-19
Revenue
$367,200
EHR INCOME
Revenue
$95,226
Organization Details
Founding Year
1914
Phone
(787) 852-0768Principal Officer
Carmen Coln Melndez
NTEE Category
Code: E220 - Health
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