Overview
What is Island Health & Wellness Foundation?
The Island Health & Wellness Foundation is a nonprofit organization situated in Deer Isle, Maine. Its primary mission is to address the health and wellness needs of the Deer Isle-Stonington community, which often faces challenges in accessing healthcare services due to its remote location. The foundation achieves this objective by providing financial support, guidance, and encouragement to local health and wellness organizations. Furthermore, it maintains the Island Medical Center, offering healthcare and dental services to the community. Additionally, the foundation has supported healthcare providers in offering free or reduced-cost services and has funded initiatives to promote healthy lifestyles among local residents. With a small team of two dedicated individuals, the Island Health & Wellness Foundation is committed to improving the overall health and well-being of its community.
Official website here: www.ihwf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)
The Island Health & Wellness Foundation has achieved a remarkable 97% score on Charity Navigator, reflecting its strong commitment to accountability and financial health. With a Four-Star rating, this indicates that the organization not only meets but exceeds the standards set by Charity Navigator for transparency and fiscal responsibility. The score is derived entirely from a single beacon focused on accountability and finance, demonstrating the foundation's dedication to maintaining high operational standards.
Strengths of the organization include a fully independent board comprised of 12 members, ensuring unbiased governance. The foundation received perfect scores for its practices, such as having no material diversion of assets and maintaining comprehensive policies for conflicts of interest, whistleblowing, and document retention. Additionally, a significant portion of its expenses, 77.06%, is allocated directly to programs, highlighting its focus on fulfilling its mission.
While the data does not indicate any specific limitations, the solid rating and clear governance policies suggest that the organization is well-managed and poised to continue making a positive impact in the community. Overall, the Island Health & Wellness Foundation stands out as a model for transparency and effective resource allocation in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Island Health & Wellness Foundation legitimate?
Island Health & Wellness Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Island Health & Wellness Foundation 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $40,045
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,788
For more financial information, click here
Official website here: www.ihwf.org
What is the mission statement of Island Health & Wellness Foundation?
The Island Health & Wellness Foundation's mission is centered around identifying and advocating for the health and wellness needs of a specific community. The foundation provides financial support, guidance, and encouragement to local health and wellness organizations. Additionally, it maintains a medical center for the provision of health and dental care. The foundation's activities also involve making medical services available to residents in an area with limited access to healthcare. Furthermore, grants are provided to healthcare providers to support free and reduced-cost services, and to local organizations to promote healthy lifestyles among the community's residents.
Official website here: www.ihwf.org
Who is the CEO of Island Health & Wellness Foundation?
Eliza Harrison is the Executive Di of Island Health & Wellness Foundation.
Official website here: www.ihwf.org
What is the revenue of Island Health & Wellness Foundation?
Island Health & Wellness Foundation's revenue in 2022 was $173,077.
Official website here: www.ihwf.org
Who are the executives of Island Health & Wellness Foundation and what are their salaries?
The average compensation at Island Health & Wellness Foundation during 2022 was $26,916. There are 2 employees and 12 volunteers at Island Health & Wellness Foundation.
Here are 14 key members and their salaries:
- Compensation: $40,045
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Official website here: www.ihwf.org
Where can I find the form 990 for Island Health & Wellness Foundation?
Island Health & Wellness Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ihwf.org
Learn more at the official website: www.ihwf.org
Mission Statement of Island Health & Wellness Foundation
The Island Health & Wellness Foundation's mission is centered around identifying and advocating for the health and wellness needs of its community. This community, specifically, is Deer Isle-Stonington. The organization's primary goal is to provide financial support, guidance, and encouragement to local health and wellness organizations. In addition to this, the foundation maintains the Island Medical Center, which serves as a vital resource for the provision of health and dental care in the area, where convenient access to such services may otherwise be lacking.
Furthermore, the Island Health & Wellness Foundation extends its support beyond just monetary means. It provides grants to healthcare providers, enabling them to offer free and reduced-care services to those in need. This proactive approach to healthcare ensures that everyone within the community, regardless of their financial situation, has access to essential medical services. Additionally, the foundation offers support to local organizations that foster healthy lifestyles among the community's residents. By taking on this multi-faceted role, the Island Health & Wellness Foundation is a key player in promoting overall health and wellness in its community.
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Impact
October, 2024
Island Health & Wellness Foundation significantly enhances the health and wellness landscape for the residents of Deer Isle, Stonington, and nearby islands. By identifying and advocating for crucial health needs, the foundation plays a vital role in ensuring access to healthcare services in an area that otherwise lacks convenient options.
The foundation owns and manages the Island Medical Center, providing essential medical and dental care services directly to the community. This facility not only serves the immediate health needs of residents but also symbolizes a commitment to maintaining local healthcare infrastructure.
Through targeted financial support, the foundation empowers local health and wellness organizations, enabling them to expand their services and reach. Grants aimed at healthcare providers facilitate free and reduced-care services, making healthcare more accessible to those in need. Furthermore, the foundation promotes healthy lifestyles among local residents, supporting initiatives that foster better health outcomes.
Overall, Island Health & Wellness Foundation's efforts create a healthier community by ensuring that residents have access to vital health services and encouraging proactive wellness practices.
This information is meant to be a general summary of Island Health & Wellness Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$16,087
- Program Service Revenue: $99,092
- Gross Receipts: $775,142
Assets and Liabilities:
- Total Assets: $2,409,831
- Total Liabilities: $2,656
- Net Assets: $2,407,175
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$99,092
Organization Details
Founding Year
1966
Phone
(207) 367-2311Principal Officer
Eliza Harrison
Main Address
P O BOX 654, DEER ISLE, ME, 046270654
Website
www.ihwf.orgNTEE Category
Code: E22Z - Health
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