Overview
What is Portercare Adventist Health System?
Portercare Adventist Health System is a faith-based nonprofit organization located in Centennial, Colorado. With five acute care hospitals, the organization reports 32,748 patient admissions, 150,399 patient days, and 299,607 outpatient visits annually. Beyond hospital operations, Portercare Adventist Health System offers various healthcare services such as urgent care centers, physician clinics, home health services, hospice services, sleep centers, wound centers, and therapy and rehabilitation. The organization is committed to charitable care and community programs, aiming to promote and enhance the health of people in Colorado through its mission, which is to extend the healing ministry of Christ. With a workforce of 6,723 employees, Portercare Adventist Health System is dedicated to providing comprehensive healthcare services to the community.
Official website here: www.adventhealth.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Portercare Adventist Health System has received an overall score of 81%, indicating a solid performance in the area of accountability and finance. The score is derived entirely from the Accountability & Finance beacon, which reflects the charity's commitment to transparency and responsible financial management. The absence of material diversion of assets and well-structured financial oversight practices contribute positively to its evaluation.
Strengths of Portercare include a high program expense ratio of 85.08%, which suggests that a significant portion of its expenses directly supports its programs and services. The organization also scored full points in multiple governance areas, such as having a conflict of interest policy and a whistleblower policy, further underscoring its dedication to ethical practices and accountability. These factors enhance the trustworthiness of the nonprofit.
While the charity demonstrates strong financial practices, the single beacon score highlights a reliance on one area of assessment. This may limit a comprehensive view of the organization's overall impact or effectiveness, as other aspects such as outcomes and community feedback are not reflected in the rating. Nonetheless, Portercare Adventist Health System appears to maintain sound financial health and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Portercare Adventist Health System legitimate?
Portercare Adventist Health System is a legitimate nonprofit organization registered as a 501(c)(3) entity. Portercare Adventist Health System 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: $4,580,643
Professional Fundraising Fees: $0
Other Salaries and Wages: $242,298,217
For more financial information, click here
Official website here: www.adventhealth.com
What is the mission statement of Portercare Adventist Health System?
Portercare Adventist Health System, a faith-based organization, is dedicated to enriching the health and wellbeing of people in their communities. Through charitable care, community programs, and sponsorships, the system embodies the healing ministry of Christ to those in need. Their mission is to extend compassionate care to the ill and nurture the overall health of the population. The organization operates several hospitals, offering inpatient and outpatient services, as well as various healthcare facilities such as urgent care centers, physician clinics, home health services, hospice services, sleep centers, and therapy and rehabilitation centers. By providing a range of medical care options, Portercare Adventist Health System aims to keep individuals healthy and support them throughout their healthcare journey.
Official website here: www.adventhealth.com
Who is the CEO of Portercare Adventist Health System?
Finch Kenneth is the CEO of Portercare Adventist Health System The CEO's salary of Portercare Adventist Health System is $0 and their total compensation is $306,000.
Official website here: www.adventhealth.com
What is the revenue of Portercare Adventist Health System?
Portercare Adventist Health System's revenue in 2023 was $731,175,522.
Official website here: www.adventhealth.com
Who are the executives of Portercare Adventist Health System and what are their salaries?
The average compensation at Portercare Adventist Health System during 2023 was $501,786. There are 492 employees and 566 volunteers at Portercare Adventist Health System.
Here are 31 key members and their salaries (Portercare Adventist Health System's CEO's salary is $0 and their total compensation is $306,000):
- Compensation: $0
- Related: $1,770,929
- Other: $273,737
- Compensation: $0
- Related: $2,205,351
- Other: $180,461
- Compensation: $0
- Related: $24,761
- Other: $0
- Compensation: $0
- Related: $1,008,974
- Other: $93,772
- Compensation: $0
- Related: $2,198,983
- Other: $169,849
- Compensation: $0
- Related: $2,655,900
- Other: $503,993
- Compensation: $0
- Related: $956,760
- Other: $35,847
- Compensation: $0
- Related: $6,503
- Other: $0
- Compensation: $0
- Related: $5,706
- Other: $0
- Compensation: $0
- Related: $3,016,062
- Other: $311,180
- Compensation: $0
- Related: $3,099,191
- Other: $262,309
- Compensation: $0
- Related: $910,939
- Other: $129,417
- Compensation: $0
- Related: $400,025
- Other: $37,930
- Compensation: $0
- Related: $1,270,050
- Other: $156,472
- Compensation: $0
- Related: $284,361
- Other: $14,530
- Compensation: $0
- Related: $1,001,751
- Other: $122,478
- Compensation: $0
- Related: $681,679
- Other: $128,327
- Compensation: $0
- Related: $520,487
- Other: $51,540
- Compensation: $0
- Related: $375,424
- Other: $65,321
- Compensation: $0
- Related: $359,020
- Other: $6,723
- Compensation: $0
- Related: $296,582
- Other: $34,017
- Compensation: $0
- Related: $306,000
- Other: $0
- Compensation: $1,055,986
- Related: $0
- Other: $52,860
- Compensation: $1,163,346
- Related: $0
- Other: $52,435
- Compensation: $1,109,169
- Related: $0
- Other: $55,060
- Compensation: $1,672,543
- Related: $0
- Other: $49,807
- Compensation: $1,158,921
- Related: $0
- Other: $48,361
- Compensation: $0
- Related: $8,101,604
- Other: $876,505
- Compensation: $0
- Related: $584,185
- Other: $97,877
- Compensation: $0
- Related: $647,906
- Other: $121,514
- Compensation: $0
- Related: $930,653
- Other: $118,304
Official website here: www.adventhealth.com
Where can I find the form 990 for Portercare Adventist Health System?
Portercare Adventist Health System's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.adventhealth.com
Learn more at the official website: www.adventhealth.com
Mission Statement of Portercare Adventist Health System
Portercare Adventist Health System, a faith-based organization, is committed to extending the healing ministry of Christ by caring for the sick and nurturing the health of communities. The mission of this organization goes beyond the walls of its hospitals, as it invests in various charity care, community programs, and sponsorships, with the ultimate goal of keeping people healthy.
Through its operations, Portercare Adventist Health System runs five acute care hospitals, which have catered to 32,748 patient admissions, 150,399 patient days, and 299,607 outpatient visits in the current year. The corporation's reach extends beyond hospital care, as it provides medical services through a variety of other activities. This includes urgent care centers, physician clinics, home health services, hospice services, sleep centers, and therapy and rehabilitation centers. By offering these additional services, Portercare Adventist Health System ensures that it caters to the diverse healthcare needs of the population it serves.
Portercare Adventist Health System's dedication to community well-being is evident in its charitable endeavors. The organization invests in the health of its communities by providing essential care and resources, fostering an environment where people can thrive and live healthy lives. Through its faith-based perspective, Portercare Adventist Health System strives to make a difference in people's lives, not only by treating their physical ailments but also by addressing their emotional and spiritual needs.
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Impact
October, 2024
Portercare Adventist Health System significantly impacts the health and well-being of the Colorado community through its comprehensive healthcare services and community engagement initiatives. Operating five acute care hospitals, the system has managed 32,748 patient admissions and 150,399 patient days, alongside 299,607 outpatient visits within the current year.
In addition to acute care, Portercare offers a variety of medical services, including urgent care centers, physician clinics, home health services, hospice care, and specialized centers for sleep and wound management. This diverse array of services demonstrates a commitment to addressing various healthcare needs and providing accessible treatment options for individuals in different stages of health.
Furthermore, Portercare's investment in charity care and community programs is tailored to nurture overall health, aiming to prevent illness and enhance quality of life for people in the region. Their mission to extend the healing ministry of Christ reflects a holistic approach to healthcare, prioritizing not just treatment but also the health promotion of various communities. Overall, Portercare Adventist Health System plays a pivotal role in enhancing healthcare access and community wellness in Colorado.
This information is meant to be a general summary of Portercare Adventist Health System. 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: $7,218,113
- Program Service Revenue: $723,753,234
- Gross Receipts: $734,552,664
Assets and Liabilities:
- Total Assets: $1,937,409,919
- Total Liabilities: $503,031,555
- Net Assets: $1,434,378,364
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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
$717,621,044
Cafeteria Revenue
Revenue
$1,927,224
Pharmacy Revenue
Revenue
$1,798,430
Medical Office Building Rentals
Revenue
$1,619,630
Gift Shop Revenue
Revenue
$129,048
Organization Details
Founding Year
1930
Principal Officer
Spenst Brett
Website
www.adventhealth.comNTEE Category
Code: E220 - Health
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