Overview
What is Hoag Memorial Hospital Presbyterian?
Hoag Memorial Hospital Presbyterian is a reputable not-for-profit healthcare provider located in Orange County, California. Rooted in faith-based values, Hoag's primary objective is to deliver top-tier healthcare services to the local communities they serve. With a commitment to excellence, they are recognized as a trusted and leading healthcare organization in the region.
Official website here: www.hoag.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 91%, Four-Star out of Four Star rating.
Hoag Memorial Hospital Presbyterian demonstrates solid financial health and governance, reflected in its high score of 91%. The organization boasts a fully independent board, with 93% of its members meeting this criterion, and has no reported material diversions of assets. Its commitment to transparency is evident through well-maintained conflict of interest and whistleblower policies.
In terms of financial management, the hospital maintains a healthy liabilities-to-assets ratio of 33.90%, indicating a strong financial position. While the program expense ratio stands at 66.20%, suggesting that a significant portion of its expenses is allocated to programmatic activities, it is slightly below the benchmark set by Charity Navigator, which may indicate potential areas for improvement in maximizing program funding. Overall, Hoag Memorial Hospital Presbyterian is recognized for its accountability and commitment to effective governance.
This AI summary has been generated from information found on Charity Navigator.
Is Hoag Memorial Hospital Presbyterian legitimate?
Hoag Memorial Hospital Presbyterian is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hoag Memorial Hospital Presbyterian 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: $10,830,271
Professional Fundraising Fees: $0
Other Salaries and Wages: $554,876,768
For more financial information, click here
Official website here: www.hoag.org
What is the mission statement of Hoag Memorial Hospital Presbyterian?
Hoag Memorial Hospital Presbyterian is a non-profit, faith-based health care provider dedicated to delivering exceptional healthcare services to the communities it serves. The mission of the hospital is to provide the highest quality of care, upholding the trust and confidence placed in it as a leading healthcare institution. Hoag's commitment to its communities extends beyond providing healthcare services, aiming to maintain a trusted and respected reputation within the industry. By focusing on the wellbeing of its patients, Hoag Memorial Hospital Presbyterian strives to make a meaningful difference in people's lives.
Official website here: www.hoag.org
Who is the CEO of Hoag Memorial Hospital Presbyterian?
Robert Braithwaite is the Ceo of Hoag Memorial Hospital Presbyterian. The CEO's salary of Hoag Memorial Hospital Presbyterian is $3,232,319 and their total compensation is $3,547,892.
Official website here: www.hoag.org
What is the revenue of Hoag Memorial Hospital Presbyterian?
Hoag Memorial Hospital Presbyterian's revenue in 2022 was $1,646,507,596.
Official website here: www.hoag.org
Who are the executives of Hoag Memorial Hospital Presbyterian and what are their salaries?
The average compensation at Hoag Memorial Hospital Presbyterian during 2022 was $60,568. There are 9340 employees and 1500 volunteers at Hoag Memorial Hospital Presbyterian.
Here are 32 key members and their salaries (Hoag Memorial Hospital Presbyterian's CEO's salary is $3,232,319 and their total compensation is $3,547,892):
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- Compensation: $3,232,319
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- Other: $315,573
- Compensation: $1,096,127
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- Other: $76,089
- Compensation: $799,566
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- Other: $53,594
- Compensation: $826,218
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- Other: $65,502
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- Other: $55,193
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- Other: $44,596
- Compensation: $861,155
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- Other: $44,444
- Compensation: $519,401
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- Other: $66,957
- Compensation: $641,980
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- Other: $47,027
- Compensation: $770,145
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- Other: $58,587
- Compensation: $737,341
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- Other: $37,275
- Compensation: $636,051
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- Compensation: $737,582
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- Other: $52,390
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- Other: $53,183
- Compensation: $490,664
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- Other: $28,801
Official website here: www.hoag.org
Where can I find the form 990 for Hoag Memorial Hospital Presbyterian?
Hoag Memorial Hospital Presbyterian's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hoag.org
Learn more at the official website: www.hoag.org
Mission Statement of Hoag Memorial Hospital Presbyterian
Hoag Memorial Hospital Presbyterian, a renowned not-for-profit, faith-based healthcare provider, is dedicated to delivering top-tier healthcare services to the communities it serves. With a deep-rooted commitment to quality and compassion, Hoag Hospital prioritizes the well-being of its patients above all else.
As a leading healthcare organization, Hoag Memorial Hospital Presbyterian prides itself on offering exceptional healthcare services to the communities it reaches. Established with a mission to provide the highest quality healthcare, Hoag Hospital's team of skilled professionals is driven by their compassionate care and dedication to patient recovery. By maintaining a strong focus on patient needs, the hospital fosters an environment that promotes healing and supports the overall well-being of those under its care.
Hoag Memorial Hospital Presbyterian's unwavering commitment to excellence has earned it a trusted reputation and national recognition. As a faith-based organization, Hoag Hospital is grounded in the belief that compassionate care and a focus on the needs of the individual are crucial components of effective healthcare. By upholding these values, Hoag Memorial Hospital Presbyterian continues to provide essential healthcare services to its communities and make a meaningful impact on the lives of those it serves.
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Impact
October, 2024
Hoag Memorial Hospital Presbyterian significantly impacts the communities it serves by providing high-quality healthcare services in Orange County, California. As a trusted and nationally recognized healthcare leader, Hoag acts as a regional health care delivery network, ensuring that individuals receive compassionate and reliable medical attention. The hospital’s mission emphasizes a commitment to excellence in healthcare, driven by a faith-based foundation that prioritizes the well-being of its patients. This dedication not only improves health outcomes but also fosters a sense of community and support among its diverse population. Hoag’s focus on superior healthcare delivery solidifies its role as an essential institution for the region's health and wellness.
This information is meant to be a general summary of Hoag Memorial Hospital Presbyterian. 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: $76,013,312
- Program Service Revenue: $1,485,406,894
- Gross Receipts: $1,690,491,800
Assets and Liabilities:
- Total Assets: $4,246,917,299
- Total Liabilities: $1,440,069,401
- Net Assets: $2,806,847,898
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENU
Revenue
$1,329,937,078
HMO CAPITATED REVENUE
Revenue
$98,832,101
MOB RENTAL INCOME
Revenue
$45,280,304
CLINICAL TRIAL REVENUE
Revenue
$7,769,566
CAFETERIA SALES
Revenue
$3,587,845
Organization Details
Founding Year
1944
Phone
(949) 764-4624Principal Officer
Robert Braithwaite
Main Address
ONE HOAG DRIVE PO BOX 6100, NEWPORT BEACH, CA, 926586100
Website
www.hoag.orgNTEE Category
Code: E220 - Health
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