Search results
Results from the WOW.Com Content Network
Non-profit hospitals are the most common type, but for-profit and government hospitals also play substantial roles. A non-profit hospital, or not-for-profit hospital, is a hospital which is organized as a non-profit corporation. Non-profit hospitals are mostly funded by charity, religion or research/educational funds. A non-profit hospital, or ...
[36] [37] A private nonprofit organization, GuideStar, provides information on 501(c)(3) organizations. [38] [39] ProPublica's Nonprofit Explorer provides copies of each organization's Form 990 and, for some organizations, audited financial statements. [40] Open990 is a searchable database of information about organizations over time. [41]
A charitable hospital, or charity hospital, is a non-profit hospital that provides treatment for poor and uninsured people who can not purchase treatment. [1] [2] [3] An example would be St. Jude Children's Hospital that provides assistance to children and funds research for pediatric ailments.
Kaiser Permanente (/ ˈ k aɪ z ər p ɜːr m ə ˈ n ɛ n t eɪ /; KP) is an American integrated managed care consortium headquartered in Oakland, California.Founded in 1945 by industrialist Henry J. Kaiser and physician Sidney R. Garfield, the organization was initially established to provide medical services at Kaiser's shipyards, steel mills and other facilities, before being opened to the ...
Nonprofit hospitals don't pay taxes. They are expected to return a fair share through free or reduced-cost care to low-income patients. Nonprofit hospitals saved $37 billion in taxes.
The predecessor of IRC 501(c)(6) was enacted as part of the Revenue Act of 1913 [87] likely due to a U.S. Chamber of Commerce request for an exemption for nonprofit "civic" and "commercial" organizations, which resulted in IRC 501(c)(4) for nonprofit "civic" organizations and IRC 501(c)(6) for nonprofit "commercially-oriented" organizations. [76]
There’s growing scrutiny of how much the nation’s nonprofit hospitals spend — and on what — to justify billions in state and federal tax breaks. In exchange for these savings, hospitals ...
Republican Sen. Chuck Grassley of Iowa and Democrat Sen. Elizabeth Warren of Massachusetts joined forces to call on the IRS to crack down on hospitals that abuse their non-profit status. Their ...