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Main Line Health System

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

EIN: 232814503 ✦ Newtown square, PA ✦ Designated as a 501(c)(3)

Overview

What is Main Line Health System?

Main Line Health System is a Pennsylvania-based nonprofit corporation headquartered in Newtown Square, serving as the corporate holding company for Main Line Health and its affiliated healthcare organizations. These subsidiaries include Main Line Hospitals, Riddle Memorial Hospital, Mirmont Alcohol Rehabilitation Center, Lankenau Institute for Medical Research, Main Line Health Homecare and Hospice, and more. Main Line Health System is the sole obligor of certain bond indebtedness for the health system, and while it does not directly provide medical services, its role is crucial in managing and supporting the various healthcare entities under its umbrella.


Official website here: www.mainlinehealth.org

Is Main Line Health System legitimate?

Main Line Health System is a legitimate nonprofit organization registered as a 501(c)(3) entity. Main Line 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mainlinehealth.org

What is the mission statement of Main Line Health System?

Main Line Health System serves as the corporate holding company for Main Line Health and its affiliates, overseeing their operations and assuming certain bond indebtedness. Although Main Line Health System itself does not provide medical services, it plays a crucial role in the healthcare sector through its connection to various organizations. These affiliated entities include Main Line Hospitals, Riddle Memorial Hospital, Mirmont Alcohol Rehabilitation Center, Lankenau Institute for Medical Research, Main Line Health Homecare and Hospice, and others. The company's purpose is to support and manage these healthcare providers to ensure the delivery of quality healthcare services.


Official website here: www.mainlinehealth.org

Who is the CEO of Main Line Health System?

Michael J Buongiorno is the President, Ceo & Trustee of Main Line Health System. The CEO's salary of Main Line Health System is $0 and their total compensation is $4,383,034.


Official website here: www.mainlinehealth.org

What is the revenue of Main Line Health System?

Main Line Health System's revenue in 2022 was $18,608,034.


Official website here: www.mainlinehealth.org

Who are the executives of Main Line Health System and what are their salaries?

Here are 27 key members and their salaries (Main Line Health System's CEO's salary is $0 and their total compensation is $4,383,034):

    John J Lynch Iii (President, Ceo & Trustee)
  • Compensation: $0
  • Related: $3,879,228
  • Other: $503,806

    • Michael J Buongiorno (Evp, Cfo & Treasurer)
  • Compensation: $0
  • Related: $998,977
  • Other: $159,257

    • Brian T Corbett Esq (Svp, Gen Counsel & Secretary)
  • Compensation: $0
  • Related: $675,221
  • Other: $143,996

    • Ernest Gillan Md (Trustee)
  • Compensation: $0
  • Related: $225,540
  • Other: $0

    • Eileen Carr (Assistant Secretary)
  • Compensation: $0
  • Related: $126,995
  • Other: $26,655

    • Emma Simpson (Trustee)
  • Compensation: $0
  • Related: $44,983
  • Other: $0

    • Deebeanne Tavani (Trustee)
  • Compensation: $0
  • Related: $25,480
  • Other: $0

    • Cheryl Koch Md (Trustee)
  • Compensation: $0
  • Related: $9,000
  • Other: $0

    • Stephen S Aichele Esq (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Stulginsky (Vice Chairman & Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • N Peter Hamilton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Anania (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Havens (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth J Balderston (Chairman & Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Nichols Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wendell F Holland Esq (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Hong Esq (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Bruner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Nichtberger Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellen Rinaldi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Walsh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alexandre Costabile (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Frederick Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Gasper (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Havens (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alba Martinez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Higgins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mainlinehealth.org

    Where can I find the form 990 for Main Line Health System?

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


    Official website here: www.mainlinehealth.org

    Learn more at the official website: www.mainlinehealth.org

    Mission Statement of Main Line Health System

    Main Line Health System, a Pennsylvania-based non-profit corporation, serves as the corporate holding company for Main Line Health and its subsidiaries. This entity is solely responsible for the bond indebtedness of the health system. While Main Line Health System itself does not provide medical services, it plays a crucial role in overseeing various healthcare organizations under its umbrella.

    Some of the affiliated healthcare organizations under Main Line Health System include Main Line Hospitals, Riddle Memorial Hospital, Mirmont Alcohol Rehabilitation Center, Lankenau Institute for Medical Research, Main Line Health Homecare and Hospice, and others, as noted in Form 990 Schedule R. These organizations collectively contribute to the delivery of comprehensive healthcare services to their communities. Main Line Health System's mission revolves around its role as the central hub, ensuring the financial stability and coordination of these healthcare entities.

    Impact

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




    Thursday, August 15, 2024

    Main Line Health System, headquartered in Newtown Square, Pennsylvania, plays a significant role in the healthcare sector by serving as the corporate holding company for Main Line Health and its subsidiaries. Through its various affiliated healthcare organizations, such as Main Line Hospitals, Riddle Memorial Hospital, and Main Line Health Homecare and Hospice, Main Line Health System impacts the community by providing essential healthcare services and promoting overall well-being. The organization's mission to support and oversee these entities demonstrates its commitment to ensuring accessible and high-quality healthcare for individuals in the region. The diverse range of services offered by Main Line Health System contributes to the health and vitality of the community it serves.





    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: $18,426,917
  • Program Service Revenue: $0
  • Gross Receipts: $18,608,034

    • Assets and Liabilities:
  • Total Assets: $624,910,451
  • Total Liabilities: $624,554,578
  • Net Assets: $355,873
  • Organization Details

    Founding Year

    1995

    Principal Officer

    Michael J Buongiorno

    Main Address

    3803 WEST CHESTER PIKE SUITE 250, NEWTOWN SQUARE, PA, 19073

    NTEE Category

    Code: E210 - Health

    If you are a representative of Main Line 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.