Overview
What is Methodist Hospitals Of Dallas?
Methodist Hospitals of Dallas, also known as Methodist Health System, is a renowned nonprofit organization based in Dallas, Texas. Their primary goal is to serve the health needs of people in specific service areas with a commitment to Christian values and principles. This is achieved through operating six general acute-care hospitals – Methodist Dallas Medical Center, Methodist Charlton Medical Center, Methodist Mansfield Medical Center, Methodist Richardson Medical Center, Methodist Midlothian, and Methodist Southlake Medical Center – and various other healthcare services. The organization, with a workforce of 10,379 employees, is dedicated to providing compassionate, quality healthcare and fostering education and support programs for the North Central Texas community.
Official website here: www.methodisthealthsystem.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Methodist Hospitals of Dallas has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The charity's overall score is solely based on a robust Accountability & Finance beacon score, indicating a high level of confidence for donors regarding how funds are managed and allocated.
One notable strength of the organization is its governance structure, featuring a majority of independent board members and a sizable board of 28 members, which enhances oversight. Additionally, the charity demonstrates sound financial practices, with a low liabilities-to-assets ratio and a high program expense ratio, signifying that a significant portion of its resources is directed toward its programs, rather than administrative costs.
While the data showcases the organization's strengths in governance and financial management, there are no specific limitations noted in the feedback. This positions Methodist Hospitals of Dallas as a reputable entity within the nonprofit sector, promoting a positive image for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Methodist Hospitals Of Dallas legitimate?
Methodist Hospitals Of Dallas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Methodist Hospitals Of Dallas 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: $15,002,523
Professional Fundraising Fees: $0
Other Salaries and Wages: $782,743,443
For more financial information, click here
Official website here: www.methodisthealthsystem.org
What is the mission statement of Methodist Hospitals Of Dallas?
Methodist Hospitals of Dallas are dedicated to enhancing and saving lives through compassionate quality healthcare. Their primary mission is to address the health needs of specific communities effectively. This commitment to serving people reflects the Christian concepts of life and learning, as outlined in the covenant between Methodist Health System and the North Texas Conference of the United Methodist Church. Their operations encompass a system of general acute hospitals and various healthcare, educational, and support programs tailored to the needs of the North Central Texas communities.
Official website here: www.methodisthealthsystem.org
Who is the CEO of Methodist Hospitals Of Dallas?
Unavailable The CEO's salary of Methodist Hospitals Of Dallas is $2,661,978 and their total compensation is $3,057,682.
Official website here: www.methodisthealthsystem.org
What is the revenue of Methodist Hospitals Of Dallas?
Methodist Hospitals Of Dallas's revenue in 2022 was $1,856,448,774.
Official website here: www.methodisthealthsystem.org
Who are the executives of Methodist Hospitals Of Dallas and what are their salaries?
The average compensation at Methodist Hospitals Of Dallas during 2022 was $76,862. There are 10379 employees and 310 volunteers at Methodist Hospitals Of Dallas.
Here are 48 key members and their salaries (Methodist Hospitals Of Dallas's CEO's salary is $2,661,978 and their total compensation is $3,057,682):
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- Compensation: $2,661,978
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- Other: $65,987
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- Other: $90,360
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- Other: $61,703
Official website here: www.methodisthealthsystem.org
Where can I find the form 990 for Methodist Hospitals Of Dallas?
Methodist Hospitals Of Dallas's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.methodisthealthsystem.org
Learn more at the official website: www.methodisthealthsystem.org
Mission Statement of Methodist Hospitals Of Dallas
Methodist Hospitals Of Dallas is dedicated to enhancing and preserving lives through compassionate healthcare services. As a mission-driven organization, Methodist Health System aims to cater to the health requirements of communities in North Central Texas, reflecting a commitment to the Christian principles of life and learning as per the covenant between the healthcare system and the North Texas Conference of the United Methodist Church. The mission is realized through the operation of a comprehensive healthcare system, which includes general acute hospitals and a variety of educational and support programs. By pursuing this mission, Methodist Hospitals Of Dallas continues to merit identification with the United Methodist Church.
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Impact
October, 2024
Methodist Hospitals of Dallas plays a vital role in enhancing the health and well-being of the communities it serves in North Central Texas. With a commitment to compassionate quality health care, it operates six general acute-care hospitals, providing critical services to a diverse population. Each facility, including Methodist Dallas Medical Center and Methodist Charlton Medical Center, is equipped to address a wide range of health needs, ensuring accessibility to comprehensive medical services.
The hospitals not only focus on immediate medical care but also emphasize education and support programs that empower individuals to lead healthier lives. By integrating health services with community education initiatives, Methodist Hospitals fosters a holistic approach to health that resonates with its mission rooted in Christian values.
Each institution within the system contributes to a larger network of care, addressing public health challenges and improving outcomes through specialized care and advanced medical practices. The system’s extensive outreach and dedication to quality healthcare reflect a significant impact on the region, ensuring that individuals receive the necessary support for their physical and mental health needs. Through collaboration with local organizations and continuous improvements in healthcare services, Methodist Hospitals of Dallas stands as a cornerstone of health and wellness in the community.
This information is meant to be a general summary of Methodist Hospitals Of Dallas. 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: $124,004,639
- Program Service Revenue: $1,685,218,469
- Gross Receipts: $1,856,556,827
Assets and Liabilities:
- Total Assets: $2,987,780,646
- Total Liabilities: $806,420,696
- Net Assets: $2,181,359,950
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE REVENUE
Revenue
$1,683,903,712
RESEARCH REVENUE
Revenue
$1,314,757
Organization Details
Founding Year
1935
Phone
(214) 947-4512Main Address
1441 N Beckley Ave, Dallas, TX, 752031201
NTEE Category
Code: E200 - Health
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