Overview
What is Vail Clinic Inc Vhh Accounting Department?
Vail Clinic Inc Vhh Accounting Department is an essential part of Vail Health, a nonprofit community healthcare system based in Vail, Colorado. This organization serves patients and guests from all corners of the world and is accredited by the Joint Commission, ensuring high-quality healthcare standards. Vail Health operates a 56-bed hospital and is committed to enhancing health across mountain communities. The accounting department plays a significant role in managing the organization's financial operations, contributing to the overall mission of providing comprehensive healthcare services.
Official website here: www.vailhealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star Rating
Vail Clinic Inc's Vhh Accounting Department has achieved a remarkable Four-Star rating from Charity Navigator, reflecting exceptional accountability and financial management. The high score is entirely derived from the Accountability & Finance beacon, demonstrating the organization’s commitment to transparency and responsible stewardship of resources.
The organization boasts a strong independent board, with 86% of its members being independent, which enhances governance and oversight. Key financial indicators are positive, including a low liabilities to assets ratio of 21.75% and a program expense ratio of 71.54%, indicating that a significant portion of funds is directed towards its core mission rather than administrative costs.
No material diversions of assets have been reported, and the organization adheres to best practices with established policies for conflict of interest, whistleblowing, and document retention. Overall, Vail Clinic Inc's Vhh Accounting Department demonstrates a commendable level of accountability and operational integrity, positioning it as a reliable nonprofit in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Vail Clinic Inc Vhh Accounting Department legitimate?
Vail Clinic Inc % Vhh Accounting Department is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vail Clinic Inc % Vhh Accounting Department 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: $5,562,153
Professional Fundraising Fees: $0
Other Salaries and Wages: $112,258,310
For more financial information, click here
Official website here: www.vailhealth.org
What is the mission statement of Vail Clinic Inc Vhh Accounting Department?
Vail Health, a nonprofit community healthcare system, is dedicated to elevating the health of individuals beyond their mountain communities. The organization operates a 56-bed hospital, accredited by the Joint Commission. Their mission encompasses serving patients and guests from around the world, providing essential healthcare services to enhance overall wellbeing. By delivering high-quality care and promoting wellness strategies, Vail Health aims to make a positive impact on people's lives.
Official website here: www.vailhealth.org
Who is the CEO of Vail Clinic Inc Vhh Accounting Department?
Will Cook is the President And Ceo of Vail Clinic Inc % Vhh Accounting Department. The CEO's salary of Vail Clinic Inc Vhh Accounting Department is $673,572 and their total compensation is $745,671.
Official website here: www.vailhealth.org
What is the revenue of Vail Clinic Inc Vhh Accounting Department?
Vail Clinic Inc Vhh Accounting Department's revenue in 2022 was $342,938,577.
Official website here: www.vailhealth.org
Who are the executives of Vail Clinic Inc Vhh Accounting Department and what are their salaries?
The average compensation at Vail Clinic Inc Vhh Accounting Department during 2022 was $79,021. There are 1491 employees and 88 volunteers at Vail Clinic Inc Vhh Accounting Department.
Here are 32 key members and their salaries (Vail Clinic Inc Vhh Accounting Department's CEO's salary is $673,572 and their total compensation is $745,671):
- Compensation: $1,538,554
- Related: $0
- Other: $85,262
- Compensation: $732,796
- Related: $0
- Other: $36,195
- Compensation: $488,040
- Related: $0
- Other: $24,125
- Compensation: $408,690
- Related: $0
- Other: $43,818
- Compensation: $322,306
- Related: $0
- Other: $36,119
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- Compensation: $544,630
- Related: $0
- Other: $36,614
- Compensation: $719,762
- Related: $0
- Other: $46,794
- Compensation: $452,932
- Related: $0
- Other: $18,514
- Compensation: $582,015
- Related: $0
- Other: $3,409
- Compensation: $530,946
- Related: $0
- Other: $34,930
- Compensation: $747,256
- Related: $0
- Other: $46,774
- Compensation: $491,596
- Related: $0
- Other: $7,651
- Compensation: $519,929
- Related: $0
- Other: $44,393
- Compensation: $673,572
- Related: $0
- Other: $72,099
- Compensation: $262,491
- Related: $0
- Other: $0
Official website here: www.vailhealth.org
Where can I find the form 990 for Vail Clinic Inc Vhh Accounting Department?
Vail Clinic Inc Vhh Accounting Department's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vailhealth.org
Learn more at the official website: www.vailhealth.org
Mission Statement of Vail Clinic Inc Vhh Accounting Department
Vail Health, a renowned nonprofit community health care system, is dedicated to enhancing the health and well-being of individuals across various mountain communities. Established as Vail Valley Medical Center, this institution boasts a 56-bed hospital that holds accreditation from the Joint Commission.
In line with its commitment to improving health, Vail Health's mission extends beyond the walls of its medical facility. The team at Vail Health strives to provide top-notch care and services to patients and guests hailing from all corners of the globe. By maintaining a nonprofit status, Vail Health ensures that its resources are directed towards the betterment of its community, rather than turning a profit.
At the core of Vail Health's operations lies a team of dedicated professionals, who work tirelessly to diagnose, treat, and care for a diverse range of patients. This nonprofit organization's commitment to excellence is reflected in its accredited hospital, which upholds the highest standards in medical care and patient safety.
The Accounting Department of Vail Clinic Inc, a vital component of Vail Health, plays a crucial role in managing the financial aspects of the organization. By meticulously managing finances, this department enables Vail Health to allocate its resources effectively and sustainably, ultimately ensuring the provision of exceptional health care services to those in need.
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Impact
October, 2024
The Vail Clinic Inc Vhh Accounting Department plays a critical role in elevating health across mountain communities by ensuring the financial stability and efficiency of Vail Health. This department meticulously manages the financial operations that support the healthcare system's ability to provide high-quality medical services to patients and guests from around the world.
By maintaining accurate financial records, monitoring budgets, and facilitating resource allocation, the accounting team enables Vail Health to operate its 56-bed hospital effectively. Their efforts directly contribute to the hospital's accreditation by the Joint Commission, ensuring that it meets rigorous healthcare standards. This financial oversight not only supports day-to-day operations but also allows for long-term planning and investment in essential medical services, technology, and community health initiatives.
Overall, the impact of the Vail Clinic Inc Vhh Accounting Department is profound, facilitating the seamless operation of healthcare services and enhancing the overall health of the communities they serve.
This information is meant to be a general summary of Vail Clinic Inc Vhh Accounting Department. 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: $11,114,781
- Program Service Revenue: $307,491,683
- Gross Receipts: $658,552,866
Assets and Liabilities:
- Total Assets: $837,495,764
- Total Liabilities: $228,504,084
- Net Assets: $608,991,680
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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
$192,189,053
MEDICARE/MEDICAID
Revenue
$67,086,712
EQUITY IN EARNINGS OF SUBSIDIARIE
Revenue
$35,713,498
PROF SERVICES/OVERHEAD SUPPORT
Revenue
$7,661,013
RETAIL PHARMACY
Revenue
$4,841,407
Organization Details
Founding Year
1965
Phone
(970) 476-2451Principal Officer
Will Cook
Main Address
PO BOX 40000, VAIL, CO, 81658
Website
www.vailhealth.orgNTEE Category
Code: E220 - Health
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