Overview
What is Sharp Healthcare?
Sharp Healthcare is a California-based nonprofit organization with a mission to support and operate hospitals and other healthcare-related facilities in the state. With a team of over 14,000 employees, they provide outpatient services through multispecialty medical group practices across San Diego County. Their primary purpose is to offer administrative support to their tax-exempt subsidiaries, ensuring their responsiveness to community needs. Additionally, they engage in various activities to enhance community health, from disease prevention to health status improvement. Sharp Healthcare's commitment extends beyond direct patient care, as they offer benefit services to help community members access treatment. Their focus on San Diego County results in 2,051,187 patient visits annually.
Official website here: www.sharp.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Sharp Healthcare has received a Three-Star rating from Charity Navigator, indicating a good level of accountability and financial health. The score reflects a comprehensive evaluation of the organization, with an impressive 81% specifically in the Accountability & Finance category. This rating is derived from various factors, including strong governance practices and the absence of any material diversion of assets.
The organization demonstrates notable strengths in its governance, with 84% of its board members being independent, which is a positive indicator of its commitment to transparency and ethical management. Additionally, Sharp Healthcare maintains robust policies such as conflict of interest and whistleblower protections, along with a well-documented process for board meeting minutes. These elements showcase a commitment to accountability and comprehensive oversight.
Despite its strengths, the overall rating indicates room for improvement, particularly in areas that could enhance community engagement and program efficiency. While the program expense ratio is favorable at 71.59%, ongoing efforts to boost overall effectiveness and transparency would further strengthen its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Sharp Healthcare legitimate?
Sharp Healthcare is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sharp Healthcare 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: $8,453,437
Professional Fundraising Fees: $0
Other Salaries and Wages: $451,581,072
For more financial information, click here
Official website here: www.sharp.com
What is the mission statement of Sharp Healthcare?
Sharp Healthcare is dedicated to advancing healthcare through the support and management of tax-exempt subsidiaries, operating both directly and indirectly. Their primary goal is to fulfill the needs of these subsidiaries, ensuring their success in delivering healthcare services. Additionally, they offer benefit services to community members to help them access necessary treatments and provide educational resources on various health-related topics. Their mission encompasses promoting wellness and improving health status for individuals.
Official website here: www.sharp.com
Who is the CEO of Sharp Healthcare?
Unavailable The CEO's salary of Sharp Healthcare is $707,188 and their total compensation is $728,957.
Official website here: www.sharp.com
What is the revenue of Sharp Healthcare?
Sharp Healthcare's revenue in 2022 was $2,370,888,826.
Official website here: www.sharp.com
Who are the executives of Sharp Healthcare and what are their salaries?
The average compensation at Sharp Healthcare during 2022 was $31,244. There are 14724 employees at Sharp Healthcare.
Here are 45 key members and their salaries (Sharp Healthcare's CEO's salary is $707,188 and their total compensation is $728,957):
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- Compensation: $2,399,076
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- Other: $22,311
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- Compensation: $132
- Related: $1,252
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- Related: $26,400
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- Related: $29,400
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- Compensation: $1,195,887
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- Other: $10,425
- Compensation: $1,293,772
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- Other: $32,410
- Compensation: $1,382,434
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- Other: $22,433
- Compensation: $858,570
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- Other: $16,557
- Compensation: $1,049,196
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- Other: $17,130
- Compensation: $935,794
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- Other: $33,303
- Compensation: $918,560
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- Other: $31,294
- Compensation: $761,506
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- Other: $20,417
- Compensation: $1,179,912
- Related: $0
- Other: $16,888
- Compensation: $707,188
- Related: $0
- Other: $21,769
- Compensation: $1,087,701
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- Other: $22,294
- Compensation: $794,714
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- Other: $27,707
- Compensation: $634,217
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- Other: $9,799
- Compensation: $667,641
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- Other: $42,905
- Compensation: $1,135,307
- Related: $0
- Other: $16,888
- Compensation: $818,074
- Related: $0
- Other: $34,264
Official website here: www.sharp.com
Where can I find the form 990 for Sharp Healthcare?
Sharp Healthcare's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sharp.com
Learn more at the official website: www.sharp.com
Mission Statement of Sharp Healthcare
Sharp Healthcare, a leading healthcare organization, is committed to promoting health and wellbeing through the support and management of tax-exempt subsidiaries that operate hospitals and other medically-related facilities in California. With a primary focus on administering assistance to its subsidiaries, Sharp Healthcare ensures they meet the needs of the public. In addition to this, the organization offers outpatient services to individuals residing in the greater San Diego area via multispecialty medical group practices.
Beyond administrative support, Sharp Healthcare extends its reach to the wider community by providing various benefit services. These services are designed to aid community members in accessing essential treatment and gaining knowledge on health-related topics, from disease prevention to overall health improvement. By doing so, Sharp Healthcare demonstrates its dedication to enhancing the health and wellbeing of the population it serves.
In summary, Sharp Healthcare, a crucial player in California's healthcare sector, exists to support and manage tax-exempt healthcare subsidiaries. Through its administrative support, it enables these organizations to meet the public's needs effectively. Moreover, by offering outpatient services and community benefit programs, Sharp Healthcare extends its reach to the wider population, ensuring they have access to essential healthcare services and resources for improving their overall health status.
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Impact
October, 2024
Sharp HealthCare significantly impacts the San Diego community by providing extensive outpatient and urgent care services through its multiple clinics throughout the region. With over 2 million patient visits reported in the past year, the organization plays a crucial role in addressing the healthcare needs of local residents.
By offering a range of benefits and informational resources on disease prevention and health improvement, Sharp HealthCare empowers community members to take proactive steps toward better health. Their commitment to delivering high-quality medical services ensures that individuals have access to necessary treatments, fostering overall health and wellness in the community.
Moreover, Sharp HealthCare supports its tax-exempt subsidiaries, enhancing the capacity of healthcare facilities and services in California. This comprehensive approach not only promotes individual health but also strengthens the overall healthcare infrastructure, making a lasting positive impact on the community's well-being.
This information is meant to be a general summary of Sharp Healthcare. 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: $81,681,022
- Program Service Revenue: $2,230,139,651
- Gross Receipts: $2,688,398,075
Assets and Liabilities:
- Total Assets: $4,882,274,751
- Total Liabilities: $4,784,474,865
- Net Assets: $97,799,886
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Revenue from affiliated entities
Revenue
$767,246,895
Outpatient care
Revenue
$733,088,996
Capitation revenue
Revenue
$673,369,694
Medicare/Medicaid payments
Revenue
$42,024,614
Rental income
Revenue
$6,533,101
Organization Details
Founding Year
1946
Phone
(858) 499-5150Main Address
8695 Spectrum Center Blvd, San Diego, CA, 921231489
Website
www.sharp.comNTEE Category
Code: E210 - Health
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