Hebrew Health Care Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061310204 ✦ West hartford, CT ✦ Designated as a 501(c)(3)

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Overview

What is Hebrew Health Care Foundation Inc?

Hebrew Health Care Foundation Inc, based in West Hartford, Connecticut, serves as a financial steward for Hebrew Health Care and its affiliates. Their primary role is managing permanent endowment funds, annually distributing designated sums to support the operational income of these facilities. This nonprofit organization plays a crucial role in ensuring the financial stability and sustainability of Hebrew Health Care and its affiliated entities.


Official website here: www.hebrewseniorcare.org

Is Hebrew Health Care Foundation Inc legitimate?

Hebrew Health Care Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hebrew Health Care 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.hebrewseniorcare.org

What is the mission statement of Hebrew Health Care Foundation Inc?

Hebrew Health Care Foundation Inc's primary mission is to manage endowment funds for Hebrew Health Care and its affiliates. This organization invests and maintains these permanent funds, ensuring that designated sums are annually provided to support the operational income of the associated facilities. By managing these funds effectively, Hebrew Health Care Foundation Inc contributes to the sustained financial well-being of the healthcare institutions it supports. The Foundation's role is instrumental in providing ongoing financial support, enabling Hebrew Health Care and its affiliates to continue delivering their essential services.


Official website here: www.hebrewseniorcare.org

Who is the CEO of Hebrew Health Care Foundation Inc?

Denise Peterson is the Chairman of Hebrew Health Care Foundation Inc. The CEO's salary of Hebrew Health Care Foundation Inc is $0 and their total compensation is $301,946.


Official website here: www.hebrewseniorcare.org

What is the revenue of Hebrew Health Care Foundation Inc?

Hebrew Health Care Foundation Inc's revenue in 2022 was $3,555,186.


Official website here: www.hebrewseniorcare.org

Who are the executives of Hebrew Health Care Foundation Inc and what are their salaries?

There 4 volunteers at Hebrew Health Care Foundation Inc.


Here are 10 key members and their salaries (Hebrew Health Care Foundation Inc's CEO's salary is $0 and their total compensation is $301,946):


Gary S Greenberg (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Rubenstein (Board Member (From 1/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah M Kleinman (Board Member (Until 11/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey S Hoffman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Robinson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Kleinman (Board Member (Until 3/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Peterson (President & Ceo)
  • Compensation: $0
  • Related: $278,250
  • Other: $23,696
Liisa Livingston (Cfo (Until 11/2021))
  • Compensation: $0
  • Related: $153,032
  • Other: $0
Robert Leake (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madelene Francese (Vp Of Development)
  • Compensation: $0
  • Related: $150,601
  • Other: $0


Official website here: www.hebrewseniorcare.org

Where can I find the form 990 for Hebrew Health Care Foundation Inc?

Hebrew Health Care Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hebrewseniorcare.org

Learn more at the official website: www.hebrewseniorcare.org

Mission Statement of Hebrew Health Care Foundation Inc

Hebrew Health Care Foundation Inc is dedicated to managing endowment funds for Hebrew Health Care and its affiliates. In simpler terms, this organization invests and maintains permanent endowment funds on behalf of Hebrew Health Care Inc and its related entities. This mission is carried out annually, with designated sums subsequently provided to enhance the operational income of these facilities. By managing these endowment funds, Hebrew Health Care Foundation Inc plays a crucial role in supporting the financial stability and growth of Hebrew Health Care and its affiliates, thereby contributing to their overall mission and services.

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Impact




October, 2024

Hebrew Health Care Foundation Inc significantly impacts the healthcare landscape by managing and investing permanent endowment funds on behalf of Hebrew Health Care and its affiliates. This strategic financial stewardship ensures a steady operational income for various health care facilities, allowing them to provide essential services and support to the community. By annually allocating designated sums to these facilities, the foundation plays a critical role in sustaining quality healthcare and enhancing the well-being of those they serve in West Hartford and surrounding areas. Its commitment to philanthropy enables ongoing development and improvement in healthcare delivery, ultimately benefiting patients and their families.




This information is meant to be a general summary of Hebrew Health Care 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.

Revenue
$3,555,186 (2022)
Expenses
$1,392,673 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $227,318
  • Gross Receipts: $3,946,474

Assets and Liabilities:

  • Total Assets: $5,528,612
  • Total Liabilities: $1,198,640
  • Net Assets: $4,329,972

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Organization Details

Founding Year

1984

Principal Officer

Denise Peterson

Main Address

1 ABRAHMS BLVD, WEST HARTFORD, CT, 06117

NTEE Category

Code: T30 - Philanthropy

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