Overview
What is Hendrick Medical Center?
Hendrick Medical Center, a Baptist organization based in Abilene, Texas, maintains a charitable program to ensure access to healthcare services for those with financial limitations. With a mission rooted in delivering high-quality healthcare emphasizing excellence and compassion, they follow this commitment by providing services to families with incomes below 250% of the federal poverty guidelines, free of charge. Families above this threshold receive care with partial financial responsibility. Hendrick offers financial counselors and social workers to help patients identify community resources and government-sponsored programs. The organization is dedicated to participating in government-funded programs, despite the cost often exceeding the reimbursement provided.
Official website here: www.hendrickhealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96%
Hendrick Medical Center has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The overall score is based solely on accountability metrics, indicating that the organization meets high standards in governance and financial practices.
The center scores exceptionally well across various criteria, including having a fully independent board and comprehensive financial oversight measures. It has demonstrated effective management of assets, with no reported diversion, and maintains rigorous policies related to conflicts of interest and whistleblowing. The ratio of program expenses to total expenses is also notable, at over 80%, showing a strong focus on its mission-driven activities.
While the rating is highly favorable, it is important to consider ongoing monitoring of the organization's financial health and governance practices to ensure continued compliance with established standards. Overall, Hendrick Medical Center stands out for its robust administrative practices and dedication to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Hendrick Medical Center legitimate?
Hendrick Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hendrick Medical Center 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: $9,437,020
Professional Fundraising Fees: $0
Other Salaries and Wages: $253,258,943
For more financial information, click here
Official website here: www.hendrickhealth.org
What is the mission statement of Hendrick Medical Center?
Hendrick Medical Center is dedicated to delivering high-quality healthcare with a focus on excellence and compassion, aligned with the healing ministry of Jesus Christ. The organization maintains a generous charity care program, ensuring individuals with limited financial means have access to essential healthcare services. Families with incomes below 250% of the federal poverty guidelines are eligible for services with no personal financial responsibility, while those above this threshold have partial financial responsibility. Hendrick provides financial counselors and social workers to help patients navigate their healthcare needs and identify community resources or government-sponsored programs. The medical center is committed to participating in government-funded programs such as Medicare, Medicaid, Tricare, and county indigency, despite the costs often exceeding the reimbursement provided by these programs.
Official website here: www.hendrickhealth.org
Who is the CEO of Hendrick Medical Center?
Brad Holland is the CEO of Hendrick Medical Center The CEO's salary of Hendrick Medical Center is $1,339,936 and their total compensation is $1,554,436.
Official website here: www.hendrickhealth.org
What is the revenue of Hendrick Medical Center?
Hendrick Medical Center's revenue in 2023 was $810,096,639.
Official website here: www.hendrickhealth.org
Who are the executives of Hendrick Medical Center and what are their salaries?
The average compensation at Hendrick Medical Center during 2023 was $56,677. There are 4635 employees and 68 volunteers at Hendrick Medical Center.
Here are 44 key members and their salaries (Hendrick Medical Center's CEO's salary is $1,339,936 and their total compensation is $1,554,436):
- Compensation: $1,339,936
- Related: $0
- Other: $214,500
- Compensation: $640,246
- Related: $0
- Other: $85,738
- Compensation: $610,703
- Related: $0
- Other: $82,357
- Compensation: $545,760
- Related: $0
- Other: $73,704
- Compensation: $470,213
- Related: $0
- Other: $74,369
- Compensation: $413,554
- Related: $0
- Other: $68,408
- Compensation: $420,312
- Related: $0
- Other: $56,022
- Compensation: $365,539
- Related: $0
- Other: $74,860
- Compensation: $353,229
- Related: $0
- Other: $0
- Compensation: $300,683
- Related: $0
- Other: $39,913
- Compensation: $0
- Related: $285,738
- Other: $52,818
- Compensation: $325,879
- Related: $0
- Other: $12,023
- Compensation: $280,508
- Related: $0
- Other: $55,061
- Compensation: $296,928
- Related: $0
- Other: $33,067
- Compensation: $266,699
- Related: $0
- Other: $36,665
- Compensation: $263,617
- Related: $0
- Other: $35,381
- Compensation: $235,227
- Related: $0
- Other: $43,477
- Compensation: $225,699
- Related: $0
- Other: $47,500
- Compensation: $229,220
- Related: $0
- Other: $43,921
- Compensation: $246,698
- Related: $0
- Other: $24,438
- Compensation: $256,854
- Related: $0
- Other: $12,954
- Compensation: $220,440
- Related: $0
- Other: $31,076
- Compensation: $215,348
- Related: $0
- Other: $33,023
- Compensation: $180,704
- Related: $0
- Other: $50,264
- Compensation: $178,952
- Related: $0
- Other: $49,804
- Compensation: $186,232
- Related: $0
- Other: $41,403
- Compensation: $176,056
- Related: $0
- Other: $46,849
- Compensation: $158,804
- Related: $0
- Other: $47,971
- Compensation: $170,953
- Related: $0
- Other: $24,578
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hendrickhealth.org
Where can I find the form 990 for Hendrick Medical Center?
Hendrick Medical Center's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hendrickhealth.org
Learn more at the official website: www.hendrickhealth.org
Mission Statement of Hendrick Medical Center
Hendrick Medical Center, a Baptist organization, is dedicated to delivering high-quality healthcare with a strong emphasis on excellence and compassion. In line with its healing ministry of Jesus Christ, the center strives to make a difference in people's lives by providing essential healthcare services.
One of Hendrick Medical Center's most notable initiatives is its Charity Care Program, which ensures access to healthcare for those in need. Families with incomes below 250% of the federal poverty guidelines are eligible for services with no personal financial responsibility. For families with incomes above this threshold, care is provided with partial financial responsibility increasing as family income exceeds the federal poverty guidelines. The center provides financial counselors and social workers to assist patients in identifying community resources and qualifying for government-sponsored programs. Additionally, Hendrick participates in government-funded programs such as Medicare, Medicaid, Tricare, and county indigency, despite the costs of services often exceeding the reimbursement provided by these programs.
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Impact
October, 2024
Hendrick Medical Center significantly impacts the community by providing high-quality healthcare with a focus on excellence and compassion. Through its extensive charity care program, the center ensures that individuals and families who are economically disadvantaged can access necessary medical services without financial burden. This initiative supports families with incomes below 250% of the federal poverty guidelines, offering them full access to care, while those with slightly higher incomes receive services with partial financial responsibility.
In addition to charity care, Hendrick Medical Center participates in government-funded programs such as Medicare and Medicaid, despite often facing financial losses from these reimbursements. The center goes further by offering financial counseling and social work services to help patients navigate healthcare needs and identify community resources, ensuring that they are informed about and can access available assistance.
Located in Abilene, Texas, Hendrick Medical Center embodies a commitment not only to healthcare excellence but also to the foundational values of compassion and support for those in need, effectively serving as a vital resource for the community.
This information is meant to be a general summary of Hendrick Medical Center. 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: $11,392,683
- Program Service Revenue: $790,539,129
- Gross Receipts: $977,505,876
Assets and Liabilities:
- Total Assets: $1,304,235,338
- Total Liabilities: $442,355,745
- Net Assets: $861,879,593
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Net Patient Revenue
Revenue
$751,386,152
Fees for Provision of Medical Care
Revenue
$28,905,754
Related Rental Income
Revenue
$10,247,223
Organization Details
Founding Year
1923
Principal Officer
Jeremy Walker
Website
www.hendrickhealth.orgNTEE Category
Code: E220 - Health
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