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Holy Redeemer Health System

Redeemer Health

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 231534300 ✦ Huntingdon valley, PA ✦ Designated as a 501(c)(3)

Overview

What is Holy Redeemer Health System?

Holy Redeemer Health System is a well-established healthcare organization based in Huntingdon Valley, Pennsylvania, with a 239-bed hospital and over 500 affiliated physicians. The system offers comprehensive outpatient community-based diagnostics, home health services, and rehabilitation programs. Known for their medical excellence, Holy Redeemer Hospital specializes in various fields such as cardiology, oncology, orthopedics, obstetrics, pediatrics, diagnostics, rehabilitation, and emergency care, catering to patients from pediatric to geriatric age groups. With approximately 10,016 patient admissions and a total of 53,275 patient service days per year, the hospital delivers excellent care through hospital, long-term care, and homecare services. Rooted in the Catholic tradition of the Sisters of the Holy Redeemer, the mission is to care, comfort, and heal, reflecting Jesus' example and offering hope during human struggles. The organization, also known as Redeemer Health, employs a workforce of 3,435 individuals.


Official website here: www.holyredeemer.com

Is Holy Redeemer Health System legitimate?

Holy Redeemer Health System is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holy Redeemer 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.

Here are some key statistics you may want to consider:

Executive Compensation: $2,388,344
Professional Fundraising Fees: $0
Other Salaries and Wages: $139,202,358

For more financial information, click here


Official website here: www.holyredeemer.com

What is the mission statement of Holy Redeemer Health System?

Holy Redeemer Health System is dedicated to providing holistic healthcare through hospital, long-term care, and homecare services. Rooted in the tradition of the Sisters of the Holy Redeemer, the organization embodies the compassionate example of Jesus. They care for, comfort, and heal individuals, offering hope amidst human struggles. Holy Redeemer Hospital, a 239-bed facility with over 500 physicians, offers medical excellence in various fields such as cardiology, oncology, orthopedics, obstetrics, pediatrics, diagnostics, rehabilitation, and emergency care. The hospital provides excellent patient services, with approximately 10,016 admissions, 53,275 patient service days, and 5,262 surgeries performed. Additionally, there were approximately 146,246 diagnostic and rehabilitative outpatient service cases.


Official website here: www.holyredeemer.com

Who is the CEO of Holy Redeemer Health System?

Michael B Laign is the Board Member, President/Ceo of Holy Redeemer Health System. The CEO's salary of Holy Redeemer Health System is $456,187 and their total compensation is $816,147.


Official website here: www.holyredeemer.com

What is the revenue of Holy Redeemer Health System?

Holy Redeemer Health System's revenue in 2022 was $323,772,009.


Official website here: www.holyredeemer.com

Who are the executives of Holy Redeemer Health System and what are their salaries?

The average compensation at Holy Redeemer Health System during 2022 was $41,220. There are 3,435 employees and 135 volunteers at Holy Redeemer Health System.

Here are 28 key members and their salaries (Holy Redeemer Health System's CEO's salary is $456,187 and their total compensation is $816,147):

    Michael B Laign (Board Member, President/Ceo) [Trustee/Director]
  • Compensation: $456,187
  • Related: $339,535
  • Other: $20,425

    • William Scarlett (Physician)
  • Compensation: $85,563
  • Related: $449,204
  • Other: $66,293

    • Thomas Harris (Senior Vp, General Counsel)
  • Compensation: $260,603
  • Related: $193,962
  • Other: $111,161

    • Carl Rosenbaum Md (Sr. Vp & Medical Director)
  • Compensation: $329,600
  • Related: $177,477
  • Other: $26,992

    • Donald F Friel (Asst Treasurer)
  • Compensation: $241,232
  • Related: $179,545
  • Other: $94,137

    • Stacy Krisher-Venticinque (Physician)
  • Compensation: $67,127
  • Related: $380,385
  • Other: $54,788

    • Henry Unger Md (Physician)
  • Compensation: $410,835
  • Related: $45,649
  • Other: $45,701

    • Catherine Egan (Senior Vp, Cao)
  • Compensation: $471,688
  • Related: $0
  • Other: $10,097

    • Michael Keen (Treasurer/Cfo)
  • Compensation: $204,403
  • Related: $152,137
  • Other: $40,893

    • Marian Thallner (Vp/Cao Hrpas)
  • Compensation: $126,444
  • Related: $189,666
  • Other: $80,580

    • Donald W Fox (Senior Vp)
  • Compensation: $174,550
  • Related: $129,914
  • Other: $69,681

    • Anne Catino (Vp Hospital)
  • Compensation: $239,374
  • Related: $0
  • Other: $29,047

    • Nancy Mandes (Vp Finance Life Care)
  • Compensation: $179,921
  • Related: $0
  • Other: $39,979

    • Cristina Peoples (Corporate Secretary)
  • Compensation: $0
  • Related: $67,376
  • Other: $2,997

    • William Sasso Esq (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marc Crespi (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charlotte Mckines (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • K Kultar Singh (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronald Brooks Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Coletta Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beth Dupree Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellyn Ito (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • S Nicholas Lezzi (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Lynch (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Guy Mcelwain Jr Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Ragg (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Rogers (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robyn Walsh (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.holyredeemer.com

    Where can I find the form 990 for Holy Redeemer Health System?

    The Holy Redeemer Health System’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.holyredeemer.com

    Learn more at the official website: www.holyredeemer.com

    Mission Statement of Holy Redeemer Health System

    Holy Redeemer Health System, a Catholic healthcare organization, is dedicated to providing holistic healthcare services through its hospital, long-term care, and homecare programs. Rooted in the tradition of the Sisters of the Holy Redeemer, the system embodies the compassionate example of Jesus, offering care, comfort, and healing. With a team of over 500 physicians, Holy Redeemer Hospital stands out for its medical excellence, providing superior service in various healthcare specialties including cardiology, oncology, orthopedics, obstetrics, pediatrics, diagnostics, rehabilitation, and emergency care for patients ranging from pediatric to geriatric. The hospital's annual patient admissions amounted to approximately 10,016, translating to around 53,275 patient service days. Boasting 5,262 surgical cases, both inpatient and outpatient, and 146,246 diagnostic and rehabilitative outpatient service cases, the hospital's expertise and commitment to compassionate care set it apart.

    Impact

    This information is meant to be a general summary of Holy Redeemer Health System. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Holy Redeemer Health System impacts the community by providing holistic healthcare through a range of services including hospital care, long-term care, and homecare. With a 239-bed hospital and a dedicated team of over 500 physicians, Holy Redeemer Hospital offers comprehensive outpatient diagnostics, home health services, and rehabilitation programs that extend compassion and care directly into the community. Known for medical excellence, the hospital's expert physicians and surgeons specialize in cardiology, oncology, orthopedics, obstetrics, pediatrics, diagnostics, and rehabilitation services. Serving patients of all ages, from pediatric to geriatric, Holy Redeemer Health System's impact is seen in the approximately 10,016 patient admissions, 5,262 surgical cases, and 146,246 diagnostic and rehabilitative outpatient service cases performed each year. Operating in Huntington Valley, PA, this Catholic health system, guided by the tradition of the Sisters of the Holy Redeemer, exemplifies the values of care, comfort, and healing as it follows the example of Jesus and offers hope in times of human struggle.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $18,525,572
  • Program Service Revenue: $295,164,761
  • Gross Receipts: $323,921,138

    • Assets and Liabilities:
  • Total Assets: $697,200,629
  • Total Liabilities: $440,728,629
  • Net Assets: $256,472,000
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PATIENT REVENUE HOSPITAL

    Revenue

    $758,825,238

    REVENUE - SNF & RESIDENTIAL

    Revenue

    $56,813,479

    ALL OTHER OPERATING REVENUE

    Revenue

    $36,605,370

    HOME CARE REVENUE

    Revenue

    $33,731,544

    MANAGEMENT FEES

    Revenue

    $3,697,483

    Organization Details

    Founding Year

    1956

    Principal Officer

    Michael B Laign

    Main Address

    667 WELSH RD, HUNTINGDON VALLEY, PA, 19006

    NTEE Category

    Code: E92 - Health

    If you are a representative of Holy Redeemer Health System and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.