Overview
What is Franciscan Health System?
Franciscan Health System, founded on the principle of compassionate care for all, is a nonprofit organization based in Tacoma, Washington. The system comprises several facilities, hospice services, and an expanding network of clinics, all under the umbrella of Commonspirit Health. Their mission is to enhance the health and well-being of the community, with a particular focus on supporting vulnerable individuals. As an affiliate of Commonspirit Health, Franciscan Health System embodies a commitment to advancing social justice for all. Ketul Patel leads the organization in its mission to provide quality healthcare services to everyone, regardless of their ability to pay or social status.
Official website here: www.vmfh.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating
Franciscan Health System has achieved a commendable score of 92%, indicating strong performance in Accountability & Finance. This high rating reflects the organization’s commitment to transparency and responsible financial management, with an emphasis on independent oversight and governance. The charity is particularly noted for its all-independent board members and thorough financial auditing processes.
Strengths of the organization include a high program expense ratio of 86.01%, which suggests that a significant portion of its resources is directed towards its charitable mission. Additionally, the presence of robust policies, such as a conflict of interest policy and a whistleblower policy, demonstrates a commitment to ethical practices and accountability. The organization also effectively documents its board meetings, further reinforcing its transparency.
While the organization shows exemplary financial health and governance, there are no specific limitations noted in the available data. Overall, Franciscan Health System stands out as a responsible and effective nonprofit, making a positive impact in its community.
This AI summary has been generated from information found on Charity Navigator.
Is Franciscan Health System legitimate?
Franciscan Health System is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franciscan 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: $8,955,379
Professional Fundraising Fees: $0
Other Salaries and Wages: $613,636,241
For more financial information, click here
Official website here: www.vmfh.org
What is the mission statement of Franciscan Health System?
Franciscan Health System is committed to providing compassionate care to all individuals, disregarding their ability to pay or social status. As part of Commonspirit Health, this health system strives to enhance the wellbeing of the people it serves, with a particular focus on those who are vulnerable. Franciscan Health System's mission extends beyond medical care, as it also advocates for social justice for all. The organization encompasses multiple facilities, hospice, and an expanding network of clinics. Through its efforts, it aims to make a healing presence known in the world.
Official website here: www.vmfh.org
Who is the CEO of Franciscan Health System?
Ketul Patel is the CEO of Franciscan Health System The CEO's salary of Franciscan Health System is $0 and their total compensation is $3,097,504.
Official website here: www.vmfh.org
What is the revenue of Franciscan Health System?
Franciscan Health System's revenue in 2023 was $1,585,832,705.
Official website here: www.vmfh.org
Who are the executives of Franciscan Health System and what are their salaries?
The average compensation at Franciscan Health System during 2023 was $70,033. There are 8890 employees and 181 volunteers at Franciscan Health System.
Here are 42 key members and their salaries (Franciscan Health System's CEO's salary is $0 and their total compensation is $3,097,504):
- Compensation: $0
- Related: $3,067,968
- Other: $29,536
- Compensation: $1,580,530
- Related: $0
- Other: $10,982
- Compensation: $861,501
- Related: $0
- Other: $31,879
- Compensation: $828,895
- Related: $0
- Other: $32,879
- Compensation: $770,412
- Related: $0
- Other: $47,058
- Compensation: $789,116
- Related: $0
- Other: $24,460
- Compensation: $741,153
- Related: $0
- Other: $39,129
- Compensation: $679,374
- Related: $0
- Other: $43,336
- Compensation: $300
- Related: $615,075
- Other: $25,965
- Compensation: $602,286
- Related: $0
- Other: $34,438
- Compensation: $553,240
- Related: $0
- Other: $40,938
- Compensation: $542,132
- Related: $0
- Other: $13,287
- Compensation: $483,291
- Related: $0
- Other: $49,834
- Compensation: $499,924
- Related: $0
- Other: $25,813
- Compensation: $491,896
- Related: $0
- Other: $32,884
- Compensation: $475,674
- Related: $0
- Other: $38,922
- Compensation: $414,832
- Related: $0
- Other: $1,107
- Compensation: $333,629
- Related: $0
- Other: $50,891
- Compensation: $338,598
- Related: $0
- Other: $38,691
- Compensation: $0
- Related: $321,605
- Other: $46,418
- Compensation: $299,071
- Related: $0
- Other: $51,371
- Compensation: $0
- Related: $280,676
- Other: $26,197
- Compensation: $267,846
- Related: $0
- Other: $37,915
- Compensation: $214,521
- Related: $0
- Other: $22,423
- Compensation: $151,254
- Related: $0
- Other: $8,706
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.vmfh.org
Where can I find the form 990 for Franciscan Health System?
Franciscan Health System's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.vmfh.org
Learn more at the official website: www.vmfh.org
Mission Statement of Franciscan Health System
Franciscan Health System, a compassionate care provider, is on a mission to make a difference in the world by enhancing the health of the people it serves, with a particular focus on the vulnerable population. This affiliate of Commonspirit Health is dedicated to extending the healing presence of God to all, irrespective of their ability to pay or social status.
Franciscan Health System's commitment to compassionate care is reflected in its inclusive approach, which encompasses multiple facilities, hospice, and an expanding network of clinics. With a strong belief in the intrinsic worth of every individual, Franciscan Health System aims to improve the health and wellbeing of those it serves, ensuring that everyone has access to essential healthcare services.
Moreover, Franciscan Health System is deeply committed to advancing social justice for all. By prioritizing the unique needs of vulnerable populations, this nonprofit organization goes beyond providing healthcare services. It strives to create a more equitable society where everyone has access to the resources they need to lead healthy, fulfilling lives.
Ketul Patel, an inspiring leader, guides Franciscan Health System from Tacoma, Washington. Under his leadership, the organization continues to embody the principles of compassion, care, and social justice, making a profound impact on the lives of countless individuals.
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Impact
October, 2024
Franciscan Health System significantly impacts the community by providing compassionate healthcare services to all individuals, regardless of their ability to pay or social status. Operating multiple facilities and a hospice, along with an expanding network of clinics, FHS addresses the diverse health needs of its patients. Under the leadership of Ketul Patel, the organization focuses on improving the health of vulnerable populations, ensuring equitable access to quality care.
In addition to its direct healthcare services, Franciscan Health System emphasizes the importance of social justice, aiming to uplift not only individual health outcomes but also the overall well-being of the community. By integrating these values into its mission, FHS plays a crucial role in fostering a healthier and more just society in Tacoma, WA, and beyond. Its commitment to serving those in need creates a positive ripple effect, contributing to improved public health and community resilience.
This information is meant to be a general summary of Franciscan 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: $1,426,576
- Program Service Revenue: $1,505,568,321
- Gross Receipts: $1,586,120,583
Assets and Liabilities:
- Total Assets: $1,007,410,025
- Total Liabilities: $453,967,738
- Net Assets: $553,442,287
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICES
Revenue
$1,502,826,479
RENTAL INCOME
Revenue
$2,741,842
Organization Details
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