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Trustees Of Shannon West Texas Memorial Hospital

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 750800679 ✦ San angelo, TX ✦ Designated as a 501(c)(3)

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Overview

What is Trustees Of Shannon West Texas Memorial Hospital?

Trustees of Shannon West Texas Memorial Hospital is a nonprofit organization based in San Angelo, Texas. They are dedicated to supporting the operational, maintenance, and expansion of Shannon Medical Center in West Texas. With only two employees, they focus on contributing cash or assets to ensure the hospital remains functional and thriving. The organization's mission is to make a positive impact on the community by sustaining the hospital's services.

What are the reviews and ratings of this charity?

Charity Navigator rating: 94%, Four-Star out of Four Star rating.

The Trustees of Shannon West Texas Memorial Hospital has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a score of 94%, the organization demonstrates strong governance, including a fully independent board and effective oversight mechanisms that ensure transparency and ethical management of resources.

Strengths highlighted include a robust program expense ratio of 78.23%, suggesting that the majority of funds are allocated directly to programs rather than administrative costs. The organization also scores perfectly in key areas such as conflict of interest policies and material diversion of assets, reflecting a solid commitment to integrity and responsible management.

While the organization shows many strengths, ongoing monitoring of financial conditions and program effectiveness will be essential to maintain its high standards. Overall, the Trustees of Shannon West Texas Memorial Hospital appears to be a well-managed nonprofit that effectively supports its mission within the community.


This AI summary has been generated from information found on Charity Navigator.

Is Trustees Of Shannon West Texas Memorial Hospital legitimate?

Trustees Of Shannon West Texas Memorial Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trustees Of Shannon West Texas Memorial Hospital 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: $184,273
Professional Fundraising Fees: $0
Other Salaries and Wages: $159,384

For more financial information, click here

What is the mission statement of Trustees Of Shannon West Texas Memorial Hospital?

The Trustees of Shannon West Texas Memorial Hospital are dedicated to ensuring the successful operation of a hospital. Their mission encompasses the support, maintenance, and expansion of this healthcare facility. Through their contributions of cash or assets, they enable the hospital to function optimally, providing essential services to the community. Their efforts are geared towards enhancing the quality of healthcare and ensuring the continuity of medical services. The Trustees' commitment extends beyond day-to-day operations, as they work towards improving and expanding the hospital to meet the evolving needs of the population they serve.

Who is the CEO of Trustees Of Shannon West Texas Memorial Hospital?

Len P Mertz is the Trustee of Trustees Of Shannon West Texas Memorial Hospital.

What is the revenue of Trustees Of Shannon West Texas Memorial Hospital?

Trustees Of Shannon West Texas Memorial Hospital's revenue in 2022 was $16,760,277.

Who are the executives of Trustees Of Shannon West Texas Memorial Hospital and what are their salaries?

The average compensation at Trustees Of Shannon West Texas Memorial Hospital during 2022 was $171,828. There are 2 employees at Trustees Of Shannon West Texas Memorial Hospital.


Here are 8 key members and their salaries:


Oran H Berry Iii (Trustee)
  • Compensation: $49,808
  • Related: $23,855
  • Other: $0
Michael E Oliphant (Trustee)
  • Compensation: $49,902
  • Related: $21,255
  • Other: $0
John Steve Cecil (Trustee)
  • Compensation: $43,743
  • Related: $25,000
  • Other: $0
Michael Ted Weatherford (Trustee)
  • Compensation: $47,147
  • Related: $21,350
  • Other: $0
Jeffrey Mccormick (Trustee)
  • Compensation: $30,094
  • Related: $24,600
  • Other: $0
Freddy L Moore (Trustee)
  • Compensation: $29,050
  • Related: $24,600
  • Other: $0
Len P Mertz (Trustee)
  • Compensation: $30,240
  • Related: $0
  • Other: $0
Joe W Henderson (Former Trustee)
  • Compensation: $12,215
  • Related: $0
  • Other: $0
Where can I find the form 990 for Trustees Of Shannon West Texas Memorial Hospital?

Trustees Of Shannon West Texas Memorial Hospital's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Trustees Of Shannon West Texas Memorial Hospital

Trustees of Shannon West Texas Memorial Hospital is a dedicated nonprofit organization that plays a pivotal role in the support, maintenance, and operation of a hospital in Texas. The mission of this philanthropic entity is to contribute cash or assets towards the operation, maintenance, and expansion of the Shannon Medical Center.

The Trustees of Shannon West Texas Memorial Hospital are committed to ensuring the hospital continues to provide essential healthcare services to its community in West Texas. Through their generous donations, they help keep the hospital running smoothly and enable it to cater to the needs of the local population. Their contributions are vital for the hospital's ongoing success and its ability to offer high-quality medical care.

Moreover, the Trustees' role extends beyond just financial support. They are active partners in the hospital's efforts to maintain and expand its facilities, ensuring that the Shannon Medical Center remains a beacon of hope and healing for the people it serves. Their unwavering commitment to the hospital's mission is essential in enabling it to make a positive impact on the lives of countless individuals in the community.

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Impact




October, 2024

The Trustees Of Shannon West Texas Memorial Hospital significantly impact the healthcare landscape in West Texas by supporting the operation, maintenance, and expansion of the Shannon Medical Center. Their contributions—both financial and in-kind—enhance the hospital's ability to deliver quality medical care to the community. By ensuring that the facility is well-maintained and equipped, they play a vital role in improving healthcare access and outcomes for residents of San Angelo and surrounding areas. Furthermore, their efforts contribute to the overall well-being of the community, addressing critical health needs and fostering a healthier population.




This information is meant to be a general summary of Trustees Of Shannon West Texas Memorial Hospital. 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.

Revenue
$16,760,277 (2022)
Expenses
$28,909,909 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,425,006
  • Gross Receipts: $79,654,011

Assets and Liabilities:

  • Total Assets: $573,298,861
  • Total Liabilities: $81,916,815
  • Net Assets: $491,382,046

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Organization Details

Founding Year

1932

Principal Officer

Len P Mertz

Main Address

PO Box 49, San Angelo, TX, 76902

NTEE Category

Code: E110 - Health

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