Overview
What is Healthnetwork Foundation Fka Health Net Foundation Inc?
The Healthnetwork Foundation, formerly known as Health Net Foundation Inc, is a nonprofit organization based in Pepper Pike, Ohio. With a team of 24 employees, this organization plays a crucial role in assisting members by helping them find suitable medical institutions that cater to their unique requirements. Their mission goes beyond just connecting members to healthcare providers; they aim to establish partnerships between business leaders and top hospitals to expand access to world-class medical care and boost philanthropic funding for advanced medical research.
Official website here: www.healthnetworkfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator rates Healthnetwork Foundation with a score of 78%, awarding it a Three-Star out of Four Star rating. This score reflects a balanced performance in the key areas of Accountability & Finance and Leadership & Adaptability, with notable strengths in leadership, achieving a perfect score of 100 in that category. The foundation's strong financial management is indicated by an impressive program expense ratio of 80.79%, suggesting a significant portion of its funding is directed towards its programs.
The organization shows a solid commitment to its strategic goals, which include providing expedited access to medical care and enhancing donor engagement. The low liabilities to assets ratio of 6.98% and a robust working capital ratio of 9.79 years further highlight its financial stability, indicating that the foundation is well-positioned to meet its obligations and invest in its objectives.
However, while the foundation excels in leadership and financial accountability, the overall score suggests there is room for improvement in specific operational areas. Continuous efforts to enhance program effectiveness and broaden fundraising initiatives may further strengthen its impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Healthnetwork Foundation Fka Health Net Foundation Inc legitimate?
Healthnetwork Foundation Fka Health Net Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Healthnetwork Foundation Fka Health Net Foundation 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $544,342
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,225,637
For more financial information, click here
Official website here: www.healthnetworkfoundation.org
What is the mission statement of Healthnetwork Foundation Fka Health Net Foundation Inc?
The Healthnetwork Foundation, formerly known as Health Net Foundation Inc, focuses on helping members find suitable medical institutions that cater to their specific health requirements. By connecting CEOs and entrepreneurs with leading hospitals, this organization facilitates access to top-tier care and boosts philanthropic funding for medical research. Through this collaborative effort, the foundation offers assistance to members, ensuring they can access the most appropriate healthcare institutions for their unique needs.
Official website here: www.healthnetworkfoundation.org
Who is the CEO of Healthnetwork Foundation Fka Health Net Foundation Inc?
Gary Boris is the President of Healthnetwork Foundation Fka Health Net Foundation Inc.
Official website here: www.healthnetworkfoundation.org
What is the revenue of Healthnetwork Foundation Fka Health Net Foundation Inc?
Healthnetwork Foundation Fka Health Net Foundation Inc's revenue in 2022 was $12,557,506.
Official website here: www.healthnetworkfoundation.org
Who are the executives of Healthnetwork Foundation Fka Health Net Foundation Inc and what are their salaries?
The average compensation at Healthnetwork Foundation Fka Health Net Foundation Inc during 2022 was $73,749. There are 24 employees and 10 volunteers at Healthnetwork Foundation Fka Health Net Foundation Inc.
Here are 14 key members and their salaries:
- Compensation: $299,200
- Related: $0
- Other: $5,984
- Compensation: $217,500
- Related: $0
- Other: $4,350
- Compensation: $190,000
- Related: $0
- Other: $12,711
- Compensation: $17,308
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.healthnetworkfoundation.org
Where can I find the form 990 for Healthnetwork Foundation Fka Health Net Foundation Inc?
Healthnetwork Foundation Fka Health Net Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.healthnetworkfoundation.org
Learn more at the official website: www.healthnetworkfoundation.org
Mission Statement of Healthnetwork Foundation Fka Health Net Foundation Inc
Healthnetwork Foundation, a renowned organization, is dedicated to connecting CEOs and entrepreneurs with leading hospitals to ensure that members have access to top-tier medical care. By fostering these collaborations, the foundation increases philanthropic funding for medical research.
In practice, Healthnetwork Foundation assists its members in finding suitable medical institutions that cater to their unique needs. The foundation acts as a trusted intermediary, facilitating the process of selecting the best medical institutions based on the specific requirements of each member. This not only ensures that members receive the most appropriate care but also saves them the time and effort associated with extensive research. The foundation's mission is to bridge the gap between individuals in need of specialized medical care and the hospitals that can provide it.
Healthnetwork Foundation's endeavors extend beyond merely facilitating connections between members and hospitals. By encouraging philanthropic funding for medical research, the foundation plays a pivotal role in advancing the frontiers of medical knowledge. This commitment to innovation and progress in the medical field not only benefits the members of the foundation but also contributes to the greater good of the medical community as a whole. The foundation's mission is a testament to its unwavering dedication to improving access to world-class care and driving advancements in medical research.
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Impact
October, 2024
Healthnetwork Foundation enhances access to healthcare by guiding members in finding appropriate medical institutions tailored to their specific needs. By connecting CEOs and entrepreneurs with leading hospitals, the organization facilitates access to world-class care. This not only reinforces the quality of healthcare available to its members but also promotes philanthropic funding for medical research. Situated in Pepper Pike, OH, the foundation plays a crucial role in bridging the gap between innovative medical resources and those who require them, thereby improving overall health outcomes and supporting advancements in medical research.
This information is meant to be a general summary of Healthnetwork Foundation Fka Health Net Foundation Inc. 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: $2,836,613
- Gross Receipts: $15,185,560
Assets and Liabilities:
- Total Assets: $46,284,611
- Total Liabilities: $3,235,104
- Net Assets: $43,049,507
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Organization Details
Founding Year
1991
Phone
(440) 264-1922Principal Officer
Gary Boris
Main Address
3550 LANDER ROAD SUITE 225, PEPPER PIKE, OH, 44124
NTEE Category
Code: P20 - Human services
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