Overview
What is Franciscan Missionaries Of Our Lady Health System Inc?
Franciscan Missionaries Of Our Lady Health System Inc is a nonprofit organization inspired by St. Francis of Assisi's teachings and the Roman Catholic Church's healing tradition. Committed to serving God's people, particularly those in need, they manage an integrated health system to make a positive impact on their communities. Their mission is to extend the healing ministry of Jesus Christ.
Official website here: www.fmolhs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 48% (Zero-Star out of Four Stars)
Franciscan Missionaries Of Our Lady Health System Inc has received a Zero-Star rating from Charity Navigator, primarily due to its low score in Accountability & Finance. The organization scored 48%, indicating significant concerns regarding its financial management. While it does have a fully independent board and effective audit committee oversight, there are critical areas where it falls short, such as missing policies for whistleblower protections and document retention.
The organization demonstrates certain strengths with a majority of independent board members and a commitment to transparency through the listing of its website on tax forms. However, its financial ratios raise red flags, particularly the high liabilities to assets ratio of 82.11% and a very low program expense ratio of 12.05%. These figures suggest that a minimal portion of its resources are being allocated to its programs, which may impact its effectiveness and sustainability.
Overall, while there are positive aspects in terms of governance, the significant gaps in financial practices and missing policies are concerning. Potential donors and stakeholders should consider these factors carefully when evaluating the organization’s overall impact and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Franciscan Missionaries Of Our Lady Health System Inc legitimate?
Franciscan Missionaries Of Our Lady Health System Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franciscan Missionaries Of Our Lady Health System 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: $9,240,330
Professional Fundraising Fees: $0
Other Salaries and Wages: $104,746,246
For more financial information, click here
Official website here: www.fmolhs.org
What is the mission statement of Franciscan Missionaries Of Our Lady Health System Inc?
Inspired by the teachings of St. Francis of Assisi and the Roman Catholic Church, Franciscan Missionaries Of Our Lady Health System Inc strives to extend the healing ministry of Jesus Christ to those in need. guided by the vision of St. Francis, the organization aims to make a difference in communities by managing an integrated health system. Their mission is to provide compassionate care, prioritizing those who are most vulnerable. The healing system they manage embodies the values of care, respect, and dignity for all individuals. Through their efforts, they aim to bring hope and healing to God's people.
Official website here: www.fmolhs.org
Who is the CEO of Franciscan Missionaries Of Our Lady Health System Inc?
Richard R Vath is the Principal Officer of Franciscan Missionaries Of Our Lady Health System Inc. The CEO's salary of Franciscan Missionaries Of Our Lady Health System Inc is $591,647 and their total compensation is $702,125.
Official website here: www.fmolhs.org
What is the revenue of Franciscan Missionaries Of Our Lady Health System Inc?
Franciscan Missionaries Of Our Lady Health System Inc's revenue in 2022 was $290,871,746.
Official website here: www.fmolhs.org
Who are the executives of Franciscan Missionaries Of Our Lady Health System Inc and what are their salaries?
The average compensation at Franciscan Missionaries Of Our Lady Health System Inc during 2022 was $71,331. There are 1598 employees and 13 volunteers at Franciscan Missionaries Of Our Lady Health System Inc.
Here are 29 key members and their salaries (Franciscan Missionaries Of Our Lady Health System Inc's CEO's salary is $591,647 and their total compensation is $702,125):
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- Compensation: $276,533
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- Compensation: $2,415,659
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- Compensation: $803,389
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- Other: $152,100
- Compensation: $991,087
- Related: $0
- Other: $185,197
- Compensation: $1,099,455
- Related: $0
- Other: $146,527
- Compensation: $992,768
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- Other: $39,628
- Compensation: $452,879
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- Other: $31,672
- Compensation: $187,062
- Related: $0
- Other: $2,298
- Compensation: $1,128,872
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- Other: $240,484
- Compensation: $591,647
- Related: $0
- Other: $110,478
- Compensation: $648,374
- Related: $0
- Other: $32,793
- Compensation: $642,468
- Related: $0
- Other: $109,874
- Compensation: $634,011
- Related: $0
- Other: $42,886
- Compensation: $721,396
- Related: $0
- Other: $45,781
- Compensation: $1,073,019
- Related: $0
- Other: $44,560
- Compensation: $809,988
- Related: $0
- Other: $0
Official website here: www.fmolhs.org
Where can I find the form 990 for Franciscan Missionaries Of Our Lady Health System Inc?
Franciscan Missionaries Of Our Lady Health System Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fmolhs.org
Learn more at the official website: www.fmolhs.org
Mission Statement of Franciscan Missionaries Of Our Lady Health System Inc
Franciscan Missionaries Of Our Lady Health System Inc, inspired by the vision of St. Francis of Assisi and the traditions of the Roman Catholic Church, is dedicated to extending the healing ministry of Jesus Christ to those in need. With a mission rooted in compassion and faith, the organization goes beyond providing healthcare services, reaching out to the most vulnerable members of the community.
By drawing on the values of St. Francis, this nonprofit entity strives to make a difference in people's lives, prioritizing those who are most in need. Its mission is to bring hope and healing to all, instilling a sense of dignity and respect in the care it provides. The organization's commitment to its healing ministry is an echo of St. Francis' belief in the inherent worth of every person and his call to serve others selflessly.
Franciscan Missionaries Of Our Lady Health System Inc's outreach extends beyond medical care, reflecting a deep understanding of the complexities of people's lives. Through its work, the organization embodies the Franciscan values of humility, simplicity, and service, offering a caring and compassionate environment for those it serves. In doing so, it fosters a culture of healing that nurtures the physical, emotional, and spiritual well-being of the individuals it supports.
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Impact
October, 2024
Franciscan Missionaries Of Our Lady Health System Inc significantly impacts its communities through the management of an integrated health system dedicated to accessible, compassionate care. Inspired by the vision of St. Francis of Assisi and the Roman Catholic Church's tradition, the organization focuses on extending the healing ministry of Jesus Christ, prioritizing the needs of the most vulnerable populations.
Based in Baton Rouge, Louisiana, the organization addresses health disparities and fosters wellness through a holistic approach that emphasizes both physical and spiritual well-being. By providing a wide range of health services, it plays a vital role in enhancing community health, improving patient outcomes, and advocating for those in need. The dedication to service ensures that quality healthcare is attainable for all, reinforcing the importance of dignity, empathy, and support in health and wellness.
This information is meant to be a general summary of Franciscan Missionaries Of Our Lady Health System 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: $3,898,852
- Program Service Revenue: $326,884,009
- Gross Receipts: $414,156,364
Assets and Liabilities:
- Total Assets: $2,437,460,575
- Total Liabilities: $1,966,964,414
- Net Assets: $470,496,161
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$237,554,290
MEDICAL SUPPLY SALES
Revenue
$44,117,695
CLINICAL INTEGRATION N
Revenue
$25,216,447
MISCELLANEOUS REVENUE
Revenue
$15,395,477
PURCHASE DISCOUNTS
Revenue
$4,499,233
Organization Details
Founding Year
1984
Phone
(225) 923-2701Principal Officer
Richard R Vath
Main Address
4200 ESSEN LANE, BATON ROUGE, LA, 708092158
Website
www.fmolhs.orgNTEE Category
Code: E21Z - Health
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