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The Methodist Hospitals Inc

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

EIN: 350868133 ✦ Gary, IN ✦ Designated as a 501(c)(3)

Overview

What is The Methodist Hospitals Inc?

The Methodist Hospitals Inc, based in Indiana, is a renowned nonprofit healthcare organization with a commitment to serving diverse communities through high-quality services. Established since 1923, Methodist Hospitals boasts a strong reputation for excellence. Governed by a board of directors, this organization operates two full-service acute care campuses in Gary and Merrillville, with a combined bed capacity of 562, including nurseries. Methodist Hospitals offers a comprehensive range of diagnostic, therapeutic, emergency, rehabilitation, inpatient, outpatient, and ancillary services. Committed to reinvesting in the communities, they engage in charitable giving, community education programs, economic development forums, support services, and advocating for quality care for the most vulnerable populations. With a mission to provide compassionate, quality healthcare services to all, Methodist Hospitals employs over 2,000 people and is one of the top employers in northwest Indiana.


Official website here: www.methodisthospitals.org

Is The Methodist Hospitals Inc legitimate?

The Methodist Hospitals Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Methodist Hospitals Inc 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: $3,321,432
Professional Fundraising Fees: $0
Other Salaries and Wages: $146,921,717

For more financial information, click here


Official website here: www.methodisthospitals.org

What is the mission statement of The Methodist Hospitals Inc?

The Methodist Hospitals Inc is dedicated to providing quality healthcare services to all individuals, regardless of their race, religion, sex, national origin, disability, age, or ability to pay. As a non-profit corporation, Methodist strives to be a responsible member of its communities by reinvesting in them through charitable giving, community education programs, economic development forums, and advocacy for quality care for the most vulnerable and underserved. The organization's mission is to deliver compassionate care to those in need, and it achieves this by offering a broad range of diagnostic, therapeutic, emergency, rehabilitation, inpatient, outpatient, and ancillary services. Methodist is committed to promoting community health initiatives and serving populations with high incidents of acute illnesses. With a team of over 400 physicians representing nearly 40 medical specialties, Methodist is a top employer in the area and continues to be a leader in healthcare innovation.


Official website here: www.methodisthospitals.org

Who is the CEO of The Methodist Hospitals Inc?

Matthew Doyle is the Board Member of The Methodist Hospitals Inc. The CEO's salary of The Methodist Hospitals Inc is $651,980 and their total compensation is $670,392.


Official website here: www.methodisthospitals.org

What is the revenue of The Methodist Hospitals Inc?

The Methodist Hospitals Inc's revenue in 2022 was $448,961,964.


Official website here: www.methodisthospitals.org

Who are the executives of The Methodist Hospitals Inc and what are their salaries?

The average compensation at The Methodist Hospitals Inc during 2022 was $54,674. There are 2,748 employees at The Methodist Hospitals Inc.

Here are 26 key members and their salaries (The Methodist Hospitals Inc's CEO's salary is $651,980 and their total compensation is $670,392):

    Mihas Kodenchery (Physician)
  • Compensation: $851,679
  • Related: $0
  • Other: $26,717

    • Andre Artis (Physician)
  • Compensation: $839,009
  • Related: $0
  • Other: $24,010

    • Mohammed K Aslam (Physician)
  • Compensation: $733,126
  • Related: $0
  • Other: $10,181

    • Harish A Shah (Physician)
  • Compensation: $719,833
  • Related: $0
  • Other: $22,585

    • Matthew Doyle (President, Chief Executive Officer)
  • Compensation: $651,980
  • Related: $0
  • Other: $18,412

    • Thach Nguyen (Physician)
  • Compensation: $616,294
  • Related: $0
  • Other: $10,104

    • Vincent L Sevier Md (Senior Vp, Chief Medical Officer)
  • Compensation: $447,060
  • Related: $0
  • Other: $29,169

    • Marla Hoyer-Lareau (Senior Vp, Chief Nursing & Operation)
  • Compensation: $360,141
  • Related: $0
  • Other: $21,833

    • Wright Alcorn (Vice President, Operations)
  • Compensation: $324,572
  • Related: $0
  • Other: $18,678

    • Lauren Trumbo Cpa (Chief Financial Officer)
  • Compensation: $305,748
  • Related: $0
  • Other: $7,401

    • Rick Rhew (Vp, Human Resources - Beg 6/22)
  • Compensation: $207,139
  • Related: $0
  • Other: $23,775

    • Kurt Meyer (Vp, Human Resources - Thru 6/22)
  • Compensation: $159,721
  • Related: $0
  • Other: $8,943

    • Bharat H Barai Md (Board Member) [Trustee/Director]
  • Compensation: $88,235
  • Related: $0
  • Other: $0

    • Glenn S Vician (Board Secretary) [Trustee/Director]
  • Compensation: $6,500
  • Related: $0
  • Other: $0

    • John A Lowenstine Cpa (Board Vice-Chairman) [Trustee/Director]
  • Compensation: $6,000
  • Related: $0
  • Other: $0

    • Mattison A Dilts (Board Treasurer) [Trustee/Director]
  • Compensation: $6,000
  • Related: $0
  • Other: $0

    • Scott J May Cpa (Board Member) [Trustee/Director]
  • Compensation: $6,000
  • Related: $0
  • Other: $0

    • Cheryl L Pruitt Phd (Board Member) [Trustee/Director]
  • Compensation: $6,000
  • Related: $0
  • Other: $0

    • Shelice R Tolbert (Board Member) [Trustee/Director]
  • Compensation: $6,000
  • Related: $0
  • Other: $0

    • Curtis A Whittaker Sr Cpa (Board Member) [Trustee/Director]
  • Compensation: $6,000
  • Related: $0
  • Other: $0

    • Katrina Wright Md (Board Member) [Trustee/Director]
  • Compensation: $6,000
  • Related: $0
  • Other: $0

    • Robert E Johnson Iii (Board Chairman) [Trustee/Director]
  • Compensation: $5,500
  • Related: $0
  • Other: $0

    • Rita R Jackson (Board Member) [Trustee/Director]
  • Compensation: $3,500
  • Related: $0
  • Other: $0

    • Scott T Ribordy (Board Member - Thru 6/22) [Trustee/Director]
  • Compensation: $3,000
  • Related: $0
  • Other: $0

    • Marti G Lundy Phd (Board Member) [Trustee/Director]
  • Compensation: $1,000
  • Related: $0
  • Other: $0

    • Mamon Powers Jr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.methodisthospitals.org

    Where can I find the form 990 for The Methodist Hospitals Inc?

    The The Methodist Hospitals Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.methodisthospitals.org

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

    Mission Statement of The Methodist Hospitals Inc

    The Methodist Hospitals Inc, a prominent Indiana nonprofit corporation, is dedicated to delivering high-quality healthcare services to all individuals, regardless of their race, religion, sex, national origin, handicap, age, or ability to pay. This mission is carried out through two general acute care hospitals situated in Northwest Indiana. As comprehensive healthcare facilities, The Methodist Hospitals offer a wide array of diagnostic, therapeutic, emergency, rehabilitation, inpatient, outpatient, and ancillary services.

    Compassionately responding to the needs of their diverse communities, The Methodist Hospitals have cultivated a regional reputation for excellence since 1923. As stewards of their mission, they invest in their communities through charitable giving, community education programs, economic development forums, support services, screenings, and advocacy for quality care for the most vulnerable and underserved. With a commitment to innovation, The Methodist Hospitals continue to be a trailblazer in promoting community health initiatives and serving populations with high incidents of acute illnesses.

    The Methodist Hospitals are governed by a Board of Directors and employ over 2,000 staff members, including more than 400 physicians representing nearly 40 medical specialties. They provide compassionate care with a broad range of diagnostic, therapeutic, and rehabilitative services. The hospitals' commitment to serving their communities extends beyond the walls of their facilities, as they work to address the needs of the most vulnerable and underserved populations. Their vision is to be the best place for employees to work, the best place for patients to receive care, and the best place for physicians to practice medicine.

    Impact

    This information is meant to be a general summary of The Methodist Hospitals Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Methodist Hospitals Inc's impact is significant in providing high-quality healthcare services to all individuals, regardless of their background or ability to pay. With a strong commitment to the community's needs, Methodist Hospitals serves populations with high incidents of acute illnesses and promotes community health initiatives. The organization operates two full-service acute care campuses in Northwest Indiana, offering a wide range of diagnostic, therapeutic, emergency, rehabilitation, inpatient, outpatient, and ancillary services. Methodist Hospitals is a key player in advocating for quality care for the most vulnerable and underserved populations, making it a frontrunner in healthcare excellence since 1923. With a dedicated staff of over 2,000 employees and a medical staff representing nearly 40 specialties, Methodist Hospitals continues to be a vital healthcare provider in the region.





    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: $5,553,541
  • Program Service Revenue: $438,213,782
  • Gross Receipts: $464,150,005

    • Assets and Liabilities:
  • Total Assets: $395,467,551
  • Total Liabilities: $139,466,836
  • Net Assets: $256,000,715
  • Programs

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

    HEALTHCARE AND SOCIAL ASSISTANCE

    Revenue

    $358,647,998

    MEDICAID DISPROPORTIONATE SHARE

    Revenue

    $69,205,698

    OTHER PATIENT SERVICES

    Revenue

    $9,962,386

    EMR INCENTIVE PAYMENTS

    Revenue

    $397,700

    Organization Details

    Founding Year

    1941

    Principal Officer

    Matthew Doyle

    Main Address

    600 GRANT STREET, GARY, IN, 46402

    NTEE Category

    Code: E21 - Health

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