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Putnam Hospital Center Foundation Inc

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

EIN: 061399319 ✦ Carmel, NY ✦ Designated as a 501(c)(3)

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Overview

What is Putnam Hospital Center Foundation Inc?

Putnam Hospital Center Foundation Inc is a charitable organization situated in Carmel, New York. Its primary objective is to collect, manage, and distribute funds to support the services and initiatives of Putnam Hospital Center and other non-profit healthcare affiliates. The foundation's mission is to raise funds, invest them wisely, and distribute the proceeds to enhance the capabilities of Putnam Hospital Center and similar organizations. By doing so, the Putnam Hospital Center Foundation Inc plays a crucial role in strengthening the healthcare sector in the community.


Official website here: www.nuvancehealth.org

Is Putnam Hospital Center Foundation Inc legitimate?

Putnam Hospital Center Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Putnam Hospital Center 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.nuvancehealth.org

What is the mission statement of Putnam Hospital Center Foundation Inc?

The mission of Putnam Hospital Center Foundation Inc, a not-for-profit organization, is to raise funds for supporting the services and programs of Putnam Hospital Center and other affiliated not-for-profit healthcare entities. This is achieved by soliciting contributions, managing investments, and making distributions to the designated recipients. The foundation's role is instrumental in reinvesting and administering these funds, ensuring they contribute positively to the healthcare sector.


Official website here: www.nuvancehealth.org

Who is the CEO of Putnam Hospital Center Foundation Inc?

Unavailable


Official website here: www.nuvancehealth.org

What is the revenue of Putnam Hospital Center Foundation Inc?

Putnam Hospital Center Foundation Inc's revenue in 2022 was $1,116,405.


Official website here: www.nuvancehealth.org

Who are the executives of Putnam Hospital Center Foundation Inc and what are their salaries?

There 7 volunteers at Putnam Hospital Center Foundation Inc.


Here are 14 key members and their salaries:


Karl A Thimm (Director; Vice Chairman (From 1/1))
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin B Dwyer (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Barr-Volz (Director (To 12/31))
  • Compensation: $0
  • Related: $0
  • Other: $0
Corrinne Divestea (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph J Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Roberto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Fryer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Mckenna (Secretary/Chief Legal Officer)
  • Compensation: $0
  • Related: $721,694
  • Other: $91,469
Daniel Debarba (Chief Financial Officer (From 8/29))
  • Compensation: $0
  • Related: $0
  • Other: $0
Grace Linhard (Chief Development Officer)
  • Compensation: $0
  • Related: $523,470
  • Other: $67,736
Steven H Rosenberg (Treasurer/Cfo (To 8/29))
  • Compensation: $0
  • Related: $1,287,226
  • Other: $144,768
Ann Armater (Former Svp Development)
  • Compensation: $0
  • Related: $331,357
  • Other: $0
Michael Holzhueter (Former Assistant Secretary)
  • Compensation: $0
  • Related: $135,692
  • Other: $0
Peter A Kelly (Former Phc President; Vbmc President)
  • Compensation: $0
  • Related: $774,372
  • Other: $98,394


Official website here: www.nuvancehealth.org

Where can I find the form 990 for Putnam Hospital Center Foundation Inc?

Putnam Hospital Center Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nuvancehealth.org

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

Mission Statement of Putnam Hospital Center Foundation Inc

The Putnam Hospital Center Foundation Inc, as a not-for-profit organization, is committed to raising funds to support the services and programs of Putnam Hospital Center and other affiliated not-for-profit entities. Its mission involves the strategic investment and administration of these funds, with the ultimate goal of making distributions that contribute to the enhancement of healthcare services offered by Putnam Hospital Center and its partners. By soliciting, receiving, holding, investing, and administering contributions, the Putnam Hospital Center Foundation Inc plays a crucial role in supporting the provision of high-quality healthcare services to the community.

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Impact




October, 2024

Putnam Hospital Center Foundation Inc significantly enhances the healthcare services and programs available to the community by raising vital funds for Putnam Hospital Center and its affiliated organizations. By soliciting, investing, and managing contributions, the Foundation plays a critical role in ensuring that the hospital can provide high-quality medical care and support essential services to residents in Carmel, NY, and surrounding areas.

The Foundation's efforts allow for the continuous reinvestment in the hospital's resources, enabling improvements in medical technology, patient care, and innovative healthcare programs. This impactful fundraising helps address various health needs within the community and ensures that Putnam Hospital Center can remain a cornerstone of health and wellness for its patients.

Through its mission to distribute funds effectively, the Foundation not only supports immediate healthcare services but also contributes to long-term healthcare solutions, making a profound difference in the overall health of the community it serves.




This information is meant to be a general summary of Putnam Hospital Center 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
$1,116,405 (2022)
Expenses
$160,366 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $398,756
  • Gross Receipts: $1,126,379

Assets and Liabilities:

  • Total Assets: $15,382,448
  • Total Liabilities: $2,260,519
  • Net Assets: $13,121,929

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Organization Details

Founding Year

1986

Main Address

670 STONELEIGH AVENUE, CARMEL, NY, 10512

NTEE Category

Code: E80I - Health

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