Overview
What is Methodist Children's Hospital?
Methodist Children's Hospital is a nonprofit organization that has been steadfast in serving communities, especially the vulnerable population, across seven states including Alaska, California, Montana, New Mexico, Oregon, Texas, and Washington. With a team of over 11,000 caregivers, they operate 51 hospitals, 1,000 clinics, and a comprehensive range of health and social services. Their mission is to deliver high-quality, compassionate care for everyone, regardless of coverage or ability to pay. They are also committed to advocating for needed reforms in healthcare and pursuing innovative ways to make services more convenient, accessible, and affordable. Through community benefit programs and other investments, they work to ensure basic health needs are met, reduce barriers to care, build community resilience, and innovate for the future. The organization is deeply rooted in a social responsibility framework, with a strong commitment to diversity, equity, inclusion, and environmental stewardship. In 2022, they reported a 13% reduction in carbon emissions in their acute care facilities since the baseline in 2019.
Official website here: www.providence.org/
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Methodist Children's Hospital has earned a remarkable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial stability. The charity's total score is based solely on its impressive Accountability & Finance score of 96%, indicating robust governance and transparency practices. The organization demonstrates a high level of oversight with an independent board that meets the maximum criteria for independence and robustness.
The nonprofit excels in various financial metrics, showcasing an outstanding program expense ratio of 97.29%, which means that a significant portion of its funds is directed towards its mission rather than administrative costs. Additionally, the organization has no reported material diversions of assets, ensuring that resources are effectively managed and utilized for the benefit of the children it serves.
While the charity's financial health appears to be very strong, no limitations or negative feedback were noted in the data provided. This suggests that Methodist Children's Hospital operates with a high standard of integrity and performance, making it a trusted choice for donors looking to support pediatric healthcare initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Methodist Children's Hospital legitimate?
Methodist Children's Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Methodist Children's 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: $1,199,315
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,878,090
For more financial information, click here
Official website here: www.providence.org/
What is the mission statement of Methodist Children's Hospital?
Methodist Children's Hospital is dedicated to serving all individuals, with a particular focus on those who are poor and vulnerable. Through their ministry, they strive to embody God's healing love. The hospital advocates for vulnerable populations and needed healthcare reforms. They are also pursuing innovative ways to transform healthcare, keeping people healthy, and making their services more convenient, accessible, and affordable for everyone. Regardless of coverage or ability to pay, the hospital is committed to providing high-quality, compassionate care for everyone. Their mission is to serve millions of more lives and enhance the health of communities, transforming care for the next generation and beyond. The organization works to ensure basic health needs are met and removes barriers to care, building community resilience, and innovating for the future.
Official website here: www.providence.org/
Who is the CEO of Methodist Children's Hospital?
Amy Thompson Md is the Ceo Children'S Hospital of Methodist Children's Hospital. The CEO's salary of Methodist Children's Hospital is $690,306 and their total compensation is $808,637.
Official website here: www.providence.org/
What is the revenue of Methodist Children's Hospital?
Methodist Children's Hospital's revenue in 2022 was $402,566,418.
Official website here: www.providence.org/
Who are the executives of Methodist Children's Hospital and what are their salaries?
The average compensation at Methodist Children's Hospital during 2022 was $51,629. There are 1183 employees and 76 volunteers at Methodist Children's Hospital.
Here are 29 key members and their salaries (Methodist Children's Hospital's CEO's salary is $690,306 and their total compensation is $808,637):
- Compensation: $0
- Related: $1,449,843
- Other: $234,647
- Compensation: $0
- Related: $1,092,096
- Other: $178,610
- Compensation: $0
- Related: $752,735
- Other: $78,768
- Compensation: $690,306
- Related: $0
- Other: $118,331
- Compensation: $0
- Related: $697,501
- Other: $45,248
- Compensation: $0
- Related: $691,883
- Other: $36,460
- Compensation: $0
- Related: $604,046
- Other: $83,353
- Compensation: $0
- Related: $650,555
- Other: $32,883
- Compensation: $0
- Related: $442,055
- Other: $27,120
- Compensation: $370,809
- Related: $0
- Other: $28,265
- Compensation: $337,524
- Related: $0
- Other: $53,153
- Compensation: $208,978
- Related: $0
- Other: $47,416
- Compensation: $211,423
- Related: $0
- Other: $40,125
- Compensation: $0
- Related: $225,368
- Other: $22,300
- Compensation: $202,718
- Related: $0
- Other: $33,174
- Compensation: $193,959
- Related: $0
- Other: $26,321
- Compensation: $0
- Related: $30,510
- 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.providence.org/
Where can I find the form 990 for Methodist Children's Hospital?
Methodist Children's Hospital's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.providence.org/
Learn more at the official website: www.providence.org/
Mission Statement of Methodist Children's Hospital
Methodist Children's Hospital, a steadfast organization driven by expressions of God's healing love, is devoted to serving all, especially the poor and vulnerable. The hospital's mission is to advocate for vulnerable populations and needed reforms in healthcare. They are also pursuing innovative ways to transform healthcare by keeping people healthy and making their services more convenient, accessible, and affordable for all. Despite an uncertain world, Methodist Children's Hospital remains committed to providing high-quality, compassionate care for everyone, regardless of coverage or ability to pay.
With a team of over 117,000 caregivers, Methodist Children's Hospital operates in various states, including Alaska, California, Montana, New Mexico, Oregon, Texas, and Washington. Their services consist of hospitals, clinics, and a comprehensive range of health and social services. As a comprehensive healthcare organization, they are touching millions of more lives and enhancing the health of the American West to transform care for the next generation and beyond.
Methodist Children's Hospital demonstrates a strong commitment to social responsibility by focusing on diversity, equity, inclusion, and environmental stewardship. In 2022, they elevated their work on DEI by restructuring resources and aligning and scaling DEI strategies across their organization. They continue to execute on their strategic and financial plan, which clearly expresses their commitment and acceleration of this important work to address social, racial, and economic disparities in the communities they serve. Additionally, Methodist Children's Hospital has implemented an environmental stewardship system strategy that encourages waste reductions, efficient energy and water usage, local agriculture partnerships, and less toxic and fewer chemical use. They have also made reducing carbon from travel a top priority for their leadership incentive program. In April 2022, they published their first environmental stewardship report, which reported a 12 percent reduction in carbon emissions in seven key categories in their acute care facilities since their 2019 baseline. As of September 30, 2022, they have increased that reduction to 13 percent.
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Impact
October, 2024
Methodist Children's Hospital plays a crucial role in enhancing the health and well-being of communities, particularly among vulnerable populations. By focusing on high-quality, compassionate care, the hospital ensures that everyone has access to necessary medical services, regardless of their ability to pay.
The hospital's commitment extends beyond immediate health care, striving to advocate for reforms that create a more equitable health care system. This dedication is evident through community benefit programs aimed at removing barriers to care and improving access to essential health services. With a network of over 117,000 caregivers in more than 50 hospitals and 1,000 clinics across several states, Methodist Children's Hospital effectively addresses a wide range of health needs while championing the holistic health of communities.
Furthermore, the hospital actively pursues innovative health care models that prioritize preventive care, aiming to keep people healthy and reduce long-term health costs. Its focus on collaboration with local non-profits, such as those serving the homeless and those in need of mental health services, illustrates its comprehensive approach to community health.
By advocating for diversity, equity, and inclusion, Methodist Children's Hospital is also taking steps to address social, racial, and economic disparities, ensuring that its mission of service is realized in a manner that resonates with the cultural and social dynamics of the communities it serves. The ongoing commitment to transform health care for future generations demonstrates its role as a vital safety net, providing essential support to some of society's most vulnerable members.
This information is meant to be a general summary of Methodist Children's 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,980,024
- Program Service Revenue: $387,339,465
- Gross Receipts: $402,566,418
Assets and Liabilities:
- Total Assets: $391,400,681
- Total Liabilities: $30,782,943
- Net Assets: $360,617,738
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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
$387,339,465
Organization Details
Founding Year
1998
Phone
(806) 725-1011Principal Officer
Amy Thompson Md
Main Address
1801 LIND AVE SW ATTN TAX DEPT, RENTON, WA, 98057
Website
www.providence.org/NTEE Category
Code: E24Z - Health
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