Mennonite General Hospital Inc

Nonprofit profile at a glance

EIN
660219758
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Cidra, PR, USA
Phone
7874341700
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Hospitals
Affiliation
Christianity

Official website

Reported finances

Revenue
$417,752,399
Expenses
$295,777,208
Assets
$929,845,114
Liabilities
$166,063,447

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

23 people listed

Executive titles in this filing

  • RICARDO HERNANDEZ RIVERA (CEO)
  • SRA EMERITA RIVERA RIOS (PRESIDENT)
  • DR JUAN D ORTIZ RIVERA (PRESIDENT ME)

Highest reported compensation

  • RICARDO HERNANDEZ RIVERA (CEO): $2,461,159 total reported compensation
  • JOSE E SOLIVAN RIVERA (ACEO): $747,397 total reported compensation
  • LYMARI COLN COLN (CFO): $743,129 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide to the community integrated and excellent health care services in a warmth atmosphere, without discrimination of race, color, sex, religion, political belief, nationality, age or disability.

What it reported doing in 2024

Patient care- the hospital provides general health care services to patients within its geographical location. Expenses include health care and general and administrative. Medical expense assistance- the hospital provides charity care without charge of an amount less than established ratios to patients who meet certain criteria. Charges forgone based on standard rates.

Operating model

Revenue model
Earned-program. 76% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 54
  • Transparency & Controls: 66
  • Accountability: 95
  • Sustainability: 80
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 51.9%; rating input score 52
  • Program expense ratio: 74.2%; rating input score 74
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 29.2%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 3.14; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0.18; rating input score 72; 72nd percentile among comparable filings
  • Officer compensation ratio: 2.2%; rating input score 51; 51st percentile among comparable filings

Growth

  • Program expense growth: 2.9% per year; rating input score 100; 21st percentile among comparable filings
  • Revenue growth: 6.7% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: 12.3% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: 51.9% of revenue deployed · 74.2% of spending went to programs
  • Governance: 12 of 12 board members independent · 8 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $219.3M in reported program spending
  • Leadership: top reported pay $2.5M · 23 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $16.8M reported
  • Consistency: 24 of 24 current checks pass
  • Schedules: 7 filed schedules · includes executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 11 filed money-flow records
  • Related organizations: 9 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 52/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • Review — Sustainability: Officer compensation ratio scored 51/100.