Overview
What is Presbyterian Healthcare Services?
Based in the Albuquerque metropolitan area, Presbyterian Healthcare Services is a dedicated healthcare provider in New Mexico, delivering essential services in several smaller communities. Given the significant portion of the state's population relying on being uninsured or covered through Medicaid, Presbyterian Healthcare Services and its affiliates served over 950,000 New Mexicans in 2022. Their mission is focused on ensuring all the patients, members, and communities they serve can attain their best possible health.
Official website here: www.phs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating) from Charity Navigator.
Presbyterian Healthcare Services has earned an impressive Four-Star rating from Charity Navigator, signifying a high level of accountability and financial health. With a 96% score, the organization demonstrates strong governance practices, including having 78% independent board members and a comprehensive audit and oversight committee. These metrics reflect a commitment to transparency and effective management of resources.
The financial indicators are also noteworthy, with a program expense ratio of 87.22%, indicating that a significant portion of its funding is directed towards its programs rather than administrative costs. Additionally, the liabilities to assets ratio of 48.55% suggests a solid financial footing, reducing potential risk in managing their operational obligations.
While the organization showcases a robust governance framework and sound financial management, ongoing efforts to maintain these high standards will be crucial. Overall, Presbyterian Healthcare Services stands out as a well-managed nonprofit with a clear focus on accountability and program effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Presbyterian Healthcare Services legitimate?
Presbyterian Healthcare Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presbyterian Healthcare Services 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: $21,338,115
Professional Fundraising Fees: $0
Other Salaries and Wages: $877,435,019
For more financial information, click here
Official website here: www.phs.org
What is the mission statement of Presbyterian Healthcare Services?
Presbyterian Healthcare Services is committed to helping all the patients, members, and communities it serves reach their optimal health. In a state where a significant portion of the population is uninsured or relies on Medicaid, Presbyterian Healthcare Services and its affiliates cared for over 950,000 New Mexicans in 2022. This healthcare provider offers a range of services, including general acute care, to ensure that individuals receive comprehensive healthcare, enabling them to attain their best possible health.
Official website here: www.phs.org
Who is the CEO of Presbyterian Healthcare Services?
John Wade is the CEO of Presbyterian Healthcare Services The CEO's salary of Presbyterian Healthcare Services is $420,564 and their total compensation is $466,761.
Official website here: www.phs.org
What is the revenue of Presbyterian Healthcare Services?
Presbyterian Healthcare Services's revenue in 2023 was $2,386,097,082.
Official website here: www.phs.org
Who are the executives of Presbyterian Healthcare Services and what are their salaries?
The average compensation at Presbyterian Healthcare Services during 2023 was $60,921. There are 14753 employees and 671 volunteers at Presbyterian Healthcare Services.
Here are 42 key members and their salaries (Presbyterian Healthcare Services's CEO's salary is $420,564 and their total compensation is $466,761):
- Compensation: $4,120,680
- Related: $0
- Other: $398,878
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $403,915
- Related: $0
- Other: $57,035
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $7,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $9,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $7,000
- Related: $0
- Other: $0
- Compensation: $7,000
- Related: $0
- Other: $0
- Compensation: $1,489,096
- Related: $0
- Other: $129,234
- Compensation: $852,419
- Related: $0
- Other: $75,986
- Compensation: $1,301,119
- Related: $0
- Other: $103,133
- Compensation: $509,322
- Related: $0
- Other: $40,213
- Compensation: $915,711
- Related: $0
- Other: $109,007
- Compensation: $671,420
- Related: $0
- Other: $41,491
- Compensation: $452,642
- Related: $0
- Other: $39,484
- Compensation: $677,326
- Related: $0
- Other: $24,049
- Compensation: $327,588
- Related: $0
- Other: $41,086
- Compensation: $469,571
- Related: $0
- Other: $35,797
- Compensation: $1,334,246
- Related: $0
- Other: $128,295
- Compensation: $1,018,467
- Related: $0
- Other: $87,474
- Compensation: $420,564
- Related: $0
- Other: $46,197
- Compensation: $673,176
- Related: $0
- Other: $80,833
- Compensation: $465,285
- Related: $0
- Other: $63,497
- Compensation: $427,503
- Related: $0
- Other: $35,813
- Compensation: $670,905
- Related: $0
- Other: $19,350
- Compensation: $1,120,489
- Related: $0
- Other: $110,339
- Compensation: $1,170,398
- Related: $0
- Other: $99,082
- Compensation: $2,354,874
- Related: $0
- Other: $32,941
- Compensation: $1,753,836
- Related: $0
- Other: $27,535
- Compensation: $1,307,847
- Related: $0
- Other: $45,910
- Compensation: $1,231,424
- Related: $0
- Other: $35,807
- Compensation: $1,218,988
- Related: $0
- Other: $33,263
- Compensation: $401,368
- Related: $0
- Other: $43,942
- Compensation: $156,353
- Related: $0
- Other: $10,458
- Compensation: $355,527
- Related: $0
- Other: $43,597
- Compensation: $235,715
- Related: $0
- Other: $5,299
- Compensation: $552,229
- Related: $0
- Other: $43,399
Official website here: www.phs.org
Where can I find the form 990 for Presbyterian Healthcare Services?
Presbyterian Healthcare Services's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.phs.org
Learn more at the official website: www.phs.org
Mission Statement of Presbyterian Healthcare Services
Presbyterian Healthcare Services, a prominent healthcare provider, is dedicated to ensuring that all the patients, members, and communities it serves in New Mexico can attain their best health. The organization goes beyond the bounds of traditional healthcare, serving over 950,000 New Mexicans, more than half of the state's population, who are either uninsured or covered through Medicaid in 2022.
With a mission that extends beyond individual patient care, Presbyterian Healthcare Services strives to make a meaningful impact on the health and wellbeing of the entire community. Their regional delivery system provides a wide range of healthcare services, including general acute care, in several smaller communities throughout New Mexico. By ensuring access to quality healthcare for a large and diverse population, Presbyterian Healthcare Services is committed to creating a healthier future for the people of New Mexico.
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Impact
October, 2024
Presbyterian Healthcare Services has a significant impact on the health and well-being of New Mexicans, particularly in a state where over 50% of the population is either uninsured or relies on Medicaid. In 2022, Presbyterian Healthcare Services and its affiliates served more than 950,000 individuals, ensuring access to vital healthcare services across the Albuquerque metropolitan area and various smaller communities throughout New Mexico. Their comprehensive regional delivery system prioritizes general acute care and other essential healthcare services, striving to provide every patient, member, and community with the opportunity to achieve their best health. This commitment to healthcare access and quality care is essential in addressing the unique challenges faced by the populations they serve.
This information is meant to be a general summary of Presbyterian Healthcare Services. 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: $38,736,981
- Program Service Revenue: $2,201,664,470
- Gross Receipts: $2,728,032,095
Assets and Liabilities:
- Total Assets: $3,966,520,004
- Total Liabilities: $1,925,828,297
- Net Assets: $2,040,691,707
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET MEDICARE/MEDICAID PAYMENTS
Revenue
$1,153,205,154
NET PATIENT SERVICE REVENUE
Revenue
$1,005,813,007
RETAIL PHARMACY
Revenue
$6,031,992
CAFETERIA SALES
Revenue
$4,614,128
CORPORATE SERVICE ALLOCATION
Revenue
$4,345,455
Organization Details
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