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Hospital For Special Care Foundation Inc

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

EIN: 061534092 ✦ New britain, CT ✦ Designated as a 501(c)(3)

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Overview

What is Hospital For Special Care Foundation Inc?

Hospital For Special Care Foundation Inc, based in New Britain, Connecticut, is a nonprofit organization primarily dedicated to raising funds for the Center of Special Care Inc. and its affiliates. Their contributions cater to various needs, including medical care for individuals with special health requirements, as well as social and recreational needs for patients and the community. The foundation achieves this by soliciting and receiving donations, grants, bequests, and organizing fundraising events. They manage these funds by accepting, investing, and administering them, ensuring they are utilized in line with the mission of the hospital and its affiliates.


Official website here: www.hfsc.org

Is Hospital For Special Care Foundation Inc legitimate?

Hospital For Special Care Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hospital For Special 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: $153,304
Professional Fundraising Fees: $0
Other Salaries and Wages: $221,212

For more financial information, click here


Official website here: www.hfsc.org

What is the mission statement of Hospital For Special Care Foundation Inc?

The Hospital for Special Care Foundation Inc. primarily functions to support the Hospital for Special Care and its affiliates. This is achieved by soliciting and managing contributions, grants, donations, bequests, and funds through various fundraising activities. The foundation's role also includes investing and administering these contributions, with the ultimate goal of distributing them in alignment with the mission of the hospital and its affiliates. In essence, the Hospital for Special Care Foundation Inc. serves as a vital resource, aiding in the advancement of the hospital's objectives.


Official website here: www.hfsc.org

Who is the CEO of Hospital For Special Care Foundation Inc?

Lynn Ricci is the Principal Officer of Hospital For Special Care Foundation Inc. The CEO's salary of Hospital For Special Care Foundation Inc is $8,770 and their total compensation is $872,025.


Official website here: www.hfsc.org

What is the revenue of Hospital For Special Care Foundation Inc?

Hospital For Special Care Foundation Inc's revenue in 2023 was $857,837.


Official website here: www.hfsc.org

Who are the executives of Hospital For Special Care Foundation Inc and what are their salaries?


Here are 8 key members and their salaries (Hospital For Special Care Foundation Inc's CEO's salary is $8,770 and their total compensation is $872,025):


Lynn Ricci Fache (President & Ceo)
  • Compensation: $8,770
  • Related: $824,623
  • Other: $38,632
Laurie Rudman (Treasurer)
  • Compensation: $6,903
  • Related: $381,984
  • Other: $24,094
Felicia Dedominicis (Secretary)
  • Compensation: $5,640
  • Related: $318,974
  • Other: $25,546
Wendy Deangelo Fuchs (Vp Of Devlopmen)
  • Compensation: $127,491
  • Related: $109,310
  • Other: $21,900
Christine Ulatowksi (Former Assi Sec)
  • Compensation: $0
  • Related: $52,848
  • Other: $18,825
Tracey Mckaveney Cpa (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andres Olarte (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane R Chace Esq (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hfsc.org

Where can I find the form 990 for Hospital For Special Care Foundation Inc?

Hospital For Special Care Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.hfsc.org

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

Mission Statement of Hospital For Special Care Foundation Inc

The Hospital for Special Care Foundation Inc serves a vital role in supporting the Hospital for Special Care and its affiliates. This nonprofit organization primarily functions by soliciting and receiving contributions, grants, donations, bequests, and funds through various fundraising activities. By doing so, it aims to contribute to the mission of the Hospital for Special Care and its affiliates. Furthermore, the Foundation accepts, holds, invests, and manages these contributions, making distributions in alignment with the objectives of the hospital and its affiliated entities. The ultimate goal of the Hospital for Special Care Foundation Inc is to contribute to the betterment of the Hospital for Special Care and its affiliates, thereby furthering their shared mission.

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Impact




October, 2024

Hospital For Special Care Foundation Inc plays a crucial role in enhancing the quality of care for individuals with special health needs. By raising funds through contributions, grants, and donations, the foundation directly supports the operational and programmatic needs of the Hospital for Special Care and its affiliates.

The resources generated enable the hospital to address the diverse requirements of patients, including critical medical provisions and specialized therapies. Additionally, the foundation’s efforts extend to fostering social and recreational activities that enrich the lives of both children and adults receiving care, ultimately improving their overall well-being.

Through its commitment to effective fundraising and resource management, the foundation ensures that essential services and programs continue to thrive, significantly impacting the lives of the patients and the broader community in New Britain, CT, and beyond.




This information is meant to be a general summary of Hospital For Special 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
$857,837 (2023)
Expenses
$938,400 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $294,633
  • Gross Receipts: $924,168

Assets and Liabilities:

  • Total Assets: $14,439,662
  • Total Liabilities: $224,802
  • Net Assets: $14,214,860

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Organization Details

Founding Year

1999

Principal Officer

Lynn Ricci

Main Address

2150 Corbin Ave, New Britain, CT, 06053

NTEE Category

Code: T30 - Philanthropy

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