Overview
What is Leon M & Hazel F Fitch Tr Fbo Elliot Hospital?
Leon M & Hazel F Fitch TR Fbo Elliot Hospital is a grantmaking foundation situated in Johnston, Rhode Island. Their primary objective is to support Elliot Hospital, ensuring its continued operation and well-being. As a grantmaker, they provide financial aid and resources to further the hospital's mission and goals. The foundation's purpose is to contribute to the hospital's overall success and improve the health services it offers to its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (74%)
The Leon M & Hazel F Fitch Tr Fbo Elliot Hospital has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas. While the organization excels in accountability and finance with a perfect score of 100%, it lacks independent board members, which raises concerns about governance. The absence of independent board members may impact the effectiveness of oversight and decision-making processes.
The nonprofit has demonstrated solid performance in areas such as material diversion of assets, maintaining a liability to assets ratio of 0.00%, and a high program expense ratio of 77.47%. These figures suggest that the organization is focused on its mission and uses the majority of its resources for programmatic purposes. However, the organization has shortcomings in its transparency, specifically failing to maintain an accessible website listing essential documents like tax forms.
Strengths include having a conflict of interest policy, a whistleblower policy, and a documented retention and destruction policy, all of which contribute positively to organizational governance. Despite these strengths, the lack of an independent board and missing vital documents online indicates areas where the organization could enhance its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Leon M & Hazel F Fitch Tr Fbo Elliot Hospital legitimate?
Leon M & Hazel F Fitch Tr Fbo Elliot Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leon M & Hazel F Fitch Tr Fbo Elliot Hospital 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: $21,944
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Leon M & Hazel F Fitch Tr Fbo Elliot Hospital?
Leon M & Hazel F Fitch Tr Fbo Elliot Hospital is a grantmaking organization with a mission to support Elliot Hospital. In essence, this foundation aims to assist Elliot Hospital in its operations and initiatives. Their primary goal is to provide resources and funding to enhance the hospital's capabilities and services. By doing so, they contribute to the overall wellbeing of the community and the individuals who rely on Elliot Hospital for healthcare. The foundation's activities are geared towards enhancing the hospital's capabilities and ensuring it can continue to deliver quality healthcare services.
Who is the CEO of Leon M & Hazel F Fitch Tr Fbo Elliot Hospital?
Unavailable
What is the revenue of Leon M & Hazel F Fitch Tr Fbo Elliot Hospital?
Leon M & Hazel F Fitch Tr Fbo Elliot Hospital's revenue in 2023 was $152,963.
Who are the executives of Leon M & Hazel F Fitch Tr Fbo Elliot Hospital and what are their salaries?
There is 1 key member and their salary:
- Compensation: $21,944
- Related: $0
- Other: $0
Where can I find the form 990 for Leon M & Hazel F Fitch Tr Fbo Elliot Hospital?
Leon M & Hazel F Fitch Tr Fbo Elliot Hospital's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Leon M & Hazel F Fitch Tr Fbo Elliot Hospital
Leon M & Hazel F Fitch TR Fbo Elliot Hospital is a foundation or grantmaking organization with a mission to support Elliot Hospital. In simple terms, this organization exists to provide for the needs and operations of Elliot Hospital, without specifying the nature or extent of these needs. The mission of Leon M & Hazel F Fitch TR Fbo Elliot Hospital is to ensure the hospital's continued operation and success, thereby contributing to the wellbeing of the community it serves.
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Impact
October, 2024
The Leon M & Hazel F Fitch Trust for the benefit of Elliot Hospital plays a crucial role in supporting the hospital's operations and services. By providing financial resources, the trust enhances the hospital’s ability to deliver quality healthcare to the community. This support may contribute to various initiatives, such as improving medical facilities, advancing healthcare technology, funding patient care programs, and ensuring access to necessary medical services for the residents in the area.
Through these efforts, the trust helps to foster a healthier community, ensuring that the hospital can address both immediate medical needs and long-term healthcare challenges. This philanthropic engagement not only benefits patients but also supports healthcare professionals and contributes to the overall well-being of the community served by Elliot Hospital.
This information is meant to be a general summary of Leon M & Hazel F Fitch Tr Fbo Elliot Hospital. 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 2023.
- Investment Income: $152,963
- Gross Receipts: $579,859
Assets and Liabilities:
- Total Assets: $3,002,796
- Total Liabilities: $0
- Net Assets: $3,002,796
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Organization Details
Founding Year
1989
Phone
(603) 634-7350Main Address
ONE CITIZENS BANK WAY JCB115, JOHNSTON, RI, 02919
NTEE Category
Code: T00 - Philanthropy
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