Overview
What is Connecticut Hospital Association Trust?
Connecticut Hospital Association Trust is a nonprofit organization situated in Wallingford, Connecticut. Their primary mission is to aid not-for-profit and tax-exempt hospitals and healthcare organizations in enhancing their energy efficiency. They achieve this by providing no-interest loans and offering financial and technical assistance. The trust's mission extends beyond financial aid, as they also supply essential support to their beneficiaries, thereby contributing to the overall improvement of healthcare services in the state.
Is Connecticut Hospital Association Trust legitimate?
Connecticut Hospital Association Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Connecticut Hospital Association Trust 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
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What is the mission statement of Connecticut Hospital Association Trust?
The Connecticut Hospital Association Trust is committed to assisting not-for-profit, tax-exempt hospitals and healthcare organizations. They achieve this mission by making gifts or grants and providing financial and technical assistance. One of their significant initiatives involves offering a loan program to help these organizations improve their energy efficiency by providing no-interest loans. This assistance is part of their broader goal to support the overall well-being and operational efficiency of these institutions.
Who is the CEO of Connecticut Hospital Association Trust?
Jennifer Jackson is the Director of Connecticut Hospital Association Trust.
What is the revenue of Connecticut Hospital Association Trust?
Connecticut Hospital Association Trust's revenue in 2022 was $137,180.
Who are the executives of Connecticut Hospital Association Trust and what are their salaries?
There 2 volunteers at Connecticut Hospital Association Trust.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $921,407
- Other: $74,698
- Compensation: $0
- Related: $62,500
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Connecticut Hospital Association Trust?
Connecticut Hospital Association Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Connecticut Hospital Association Trust
The Connecticut Hospital Association Trust is a committed organization that aims to assist not-for-profit, tax-exempt hospitals and health care organizations. It achieves this by providing financial and technical assistance in various forms. One of its primary methods is by offering no-interest loans. The mission of this nonprofit entity is to strengthen its beneficiary organizations by supplying them with the necessary financial support and expertise needed to improve their energy efficiency. Through this loan program, the Connecticut Hospital Association Trust helps these institutions to make significant strides in enhancing their energy efficiency, thereby contributing to their overall operational efficiency and sustainability.
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Impact
October, 2024
Connecticut Hospital Association Trust plays a crucial role in enhancing the operational efficiency of nonprofit hospitals and healthcare organizations throughout Connecticut. By providing no-interest loans, it empowers these institutions to invest in energy efficiency improvements, which can lead to significant cost savings and reduced environmental impact. In addition to financial support, the Trust offers technical assistance to navigate complex projects, ensuring that hospitals can implement sustainable practices effectively. This dual approach not only strengthens the financial standing of healthcare providers but also contributes to better patient care and public health outcomes in the region. The overall impact is a more resilient healthcare system in Connecticut, capable of meeting the needs of its community while promoting sustainability.
This information is meant to be a general summary of Connecticut Hospital Association Trust. 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: $1,744
- Program Service Revenue: $10,436
- Gross Receipts: $137,180
Assets and Liabilities:
- Total Assets: $4,090,234
- Total Liabilities: $1,673,492
- Net Assets: $2,416,742
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON NOTES REC.
Revenue
$10,436
Organization Details
Founding Year
1988
Phone
(203) 265-7611Principal Officer
Jennifer Jackson
Main Address
PO BOX 90, WALLINGFORD, CT, 06492
NTEE Category
Code: E22I - Health
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