Overview
What is Baylor College Of Medicine?
Baylor College of Medicine is a reputable institution based in Houston, Texas, with a workforce of over 14,000 employees. Their mission encompasses the advancement of human health through integrated patient care, research, education, and community services. Patients receive quality care at their affiliated teaching hospitals, where Baylor faculty also provides treatment. The college prioritizes community health in all its endeavors and strives to make a positive impact through its seven primary care-affiliated hospitals.
Official website here: www.bcm.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star rating
Baylor College of Medicine has achieved an impressive 96% rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high score indicates that the organization meets rigorous standards for transparency, governance, and financial health, which is crucial for maintaining donor trust and ensuring effective use of funds.
The organization boasts an entirely independent board with 49 members, which enhances its governance practices. It has received full points in various areas, such as financial oversight and the presence of critical policies like conflict of interest and whistleblower protections. Additionally, a significant program expense ratio of 92.64% demonstrates that a large portion of its expenditures is directed toward its mission-driven programs.
While the data highlights the nonprofit's financial acumen and governance excellence, there are no noted limitations in the provided feedback. Overall, Baylor College of Medicine stands out as a well-managed organization committed to accountability and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Baylor College Of Medicine legitimate?
Baylor College Of Medicine is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baylor College Of Medicine 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: $16,360,255
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,394,621,119
For more financial information, click here
Official website here: www.bcm.edu
What is the mission statement of Baylor College Of Medicine?
Baylor College of Medicine is dedicated to advancing human health through the integration of patient care, research, education, and community services. The institution reaffirms its commitment to serving the community, with a focus on patient care in both clinical practice and affiliated hospitals. Baylor College of Medicine aims to improve public health and serve the community in all aspects of this process. Students and residents spend a significant portion of their education and training at the college's primary care affiliated teaching hospitals, where Baylor faculty also provides patient care.
Official website here: www.bcm.edu
Who is the CEO of Baylor College Of Medicine?
Paul E Klotman Md is the CEO of Baylor College Of Medicine The CEO's salary of Baylor College Of Medicine is $2,772,192 and their total compensation is $2,913,622.
Official website here: www.bcm.edu
What is the revenue of Baylor College Of Medicine?
Baylor College Of Medicine's revenue in 2023 was $2,554,771,609.
Official website here: www.bcm.edu
Who are the executives of Baylor College Of Medicine and what are their salaries?
The average compensation at Baylor College Of Medicine during 2023 was $93,940. There are 15020 employees and 611 volunteers at Baylor College Of Medicine.
Here are 77 key members and their salaries (Baylor College Of Medicine's CEO's salary is $2,772,192 and their total compensation is $2,913,622):
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Official website here: www.bcm.edu
Where can I find the form 990 for Baylor College Of Medicine?
Baylor College Of Medicine's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bcm.edu
Learn more at the official website: www.bcm.edu
Mission Statement of Baylor College Of Medicine
Baylor College of Medicine, or BCM, is dedicated to enhancing human health through a combination of patient care, research, education, and community services. This esteemed institution's mission is to integrate these essential aspects of health care, focusing on providing exceptional patient care, spearheading groundbreaking research, educating the next generation of medical professionals, and engaging with local communities.
BCM is unwavering in its commitment to serving the community, first and foremost through its patient care initiatives. This commitment extends to both its clinical practice and its affiliated hospitals. The college's students and residents receive a significant portion of their education and training in the seven primary care affiliated teaching hospitals, where Baylor faculty members also deliver patient care. BCM aims to improve public health in all its projects and actively contributes to the community in various ways.
Furthermore, BCM's dedication to patient care is not limited to its clinical practice. The college's faculty members, students, and staff are devoted to providing comprehensive care that addresses all aspects of patients' health and wellbeing. By integrating patient care, research, education, and community services, BCM sets itself apart as a leader in advancing human health and fostering a healthier community.
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Impact
October, 2024
Baylor College of Medicine (BCM) plays a significant role in enhancing human health through a multifaceted approach that integrates patient care, research, education, and community services. Located in Houston, Texas, BCM is dedicated to improving public health and prioritizes a strong commitment to serving its community. This commitment is exemplified in their clinical practices and collaborations with affiliated hospitals, where the education and training of students and residents take place in real-world settings.
By focusing on the integration of scientific research and clinical practice, BCM fosters advancements in medical knowledge and treatment methodologies that benefit both patients and the broader community. The institution's emphasis on education ensures that future healthcare professionals are well-equipped to address contemporary health challenges, thereby reinforcing BCM’s role as a cornerstone of health advancement in the region. With a mission that prioritizes both education and service, Baylor College of Medicine significantly contributes to the overall well-being of the communities it serves.
This information is meant to be a general summary of Baylor College Of Medicine. 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 2023.
- Investment Income: $27,759,407
- Program Service Revenue: $1,682,086,159
- Gross Receipts: $2,791,177,776
Assets and Liabilities:
- Total Assets: $2,864,921,260
- Total Liabilities: $1,276,142,849
- Net Assets: $1,588,778,411
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT CARE
Revenue
$355,332,058
AFFILIATE AGREEMENT REVENUE
Revenue
$1,295,988,889
TUITION AND FEES
Revenue
$24,313,177
RESEARCH SERVICES
Revenue
$6,591,399
CLINICAL TRIALS
Revenue
$22,287,876
Organization Details
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