Overview
What is Patient Care Trust Fund?
The Patient Care Trust Fund is a charitable organization situated in Long Island City, New York. Their primary objective is to enhance patient care and safety within New York City's municipal hospitals. They achieve this by funding the acquisition of necessary equipment and supplies for these hospitals, supporting educational programs to train and educate staff, including residents and fellows, on patient care and safety matters, and engaging in activities permissible under Section 501(C)(3) that align with these goals. The Trust Fund aims to improve healthcare services in local hospitals, ultimately benefiting patients and the medical community.
Official website here: www.cirseiu.org/benefits
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating from Charity Navigator)
The Patient Care Trust Fund has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. With a score of 96%, the organization excels particularly in having a fully independent board and maintaining transparency in its financial practices. This high rating indicates that the charity effectively utilizes its resources, with a program expense ratio of 86.29%, signaling that a significant portion of its funds is directed towards its mission.
Strengths of the Patient Care Trust Fund include its comprehensive governance practices, as demonstrated by the presence of an independent board and established policies regarding conflict of interest and whistleblower protections. The organization also receives top marks for its financial oversight, ensuring that there is no material diversion of assets. These factors contribute to a solid foundation of trust and reliability in its operations.
While the Patient Care Trust Fund has notable strengths, it’s essential for potential donors or stakeholders to consider the context of the ratings. Although the organization demonstrates strong financial health and governance, further insights on programmatic effectiveness and community impact may be beneficial for a complete assessment of its overall performance and reach.
This AI summary has been generated from information found on Charity Navigator.
Is Patient Care Trust Fund legitimate?
Patient Care Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Patient Care Trust Fund 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:
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Official website here: www.cirseiu.org/benefits
What is the mission statement of Patient Care Trust Fund?
The Patient Care Trust Fund's mission is centered around improving patient care and patient safety in various hospitals and related medical facilities. This is achieved through several means. Firstly, the fund purchases or assists in the acquisition of necessary equipment and supplies for these healthcare institutions. Secondly, it supports educational and training programs for hospital employees, including residents and fellows, focusing on patient care and safety-related topics. Lastly, the fund engages in activities permissible under Section 501(C)(3) that are related to these primary objectives.
Official website here: www.cirseiu.org/benefits
Who is the CEO of Patient Care Trust Fund?
Lorenzo Gonzalez Md is the Chairperson/President of Patient Care Trust Fund.
Official website here: www.cirseiu.org/benefits
What is the revenue of Patient Care Trust Fund?
Patient Care Trust Fund's revenue in 2022 was $807,241.
Official website here: www.cirseiu.org/benefits
Who are the executives of Patient Care Trust Fund and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.cirseiu.org/benefits
Where can I find the form 990 for Patient Care Trust Fund?
Patient Care Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cirseiu.org/benefits
Learn more at the official website: www.cirseiu.org/benefits
Mission Statement of Patient Care Trust Fund
The Patient Care Trust Fund is a nonprofit organization dedicated to improving patient care and patient safety within New York City municipal hospitals and related medical facilities. To achieve this, the trust fund engages in various activities. Firstly, it purchases or assists in the acquisition of necessary equipment and supplies for these hospitals, ensuring they have the resources required to provide optimal patient care. Secondly, the trust fund supports educational and training programs for hospital employees, including residents and fellows, focusing on patient care and safety-related topics. Lastly, the Patient Care Trust Fund participates in activities permissible under Section 501(C)(3) that are related to these primary objectives. By undertaking these initiatives, the Patient Care Trust Fund aims to enhance the quality of patient care and safety within New York City's municipal hospitals.
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Impact
August, 2024
The Patient Care Trust Fund has a significant impact on improving patient care and safety in New York City municipal hospitals. By purchasing or assisting in the purchase of equipment and supplies for these hospitals and related medical facilities, the Trust Fund ensures that healthcare providers have access to the tools they need to deliver high-quality care to patients. Additionally, by supporting training and education programs for hospital employees, including residents and fellows, on topics related to patient care and safety, the Trust Fund helps enhance the skills and knowledge of healthcare professionals, ultimately benefiting patient outcomes. Overall, the Trust Fund's efforts contribute to a better healthcare environment for both patients and healthcare providers in New York City.
This information is meant to be a general summary of Patient Care Trust Fund. 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: $90,553
- Gross Receipts: $1,699,669
Assets and Liabilities:
- Total Assets: $4,209,314
- Total Liabilities: $822,567
- Net Assets: $3,386,747
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Organization Details
Founding Year
1981
Phone
(212) 356-8180Principal Officer
Lorenzo Gonzalez Md
Main Address
10-27 46TH AVENUE 300-2, LONG ISLAND CITY, NY, 11101
Website
www.cirseiu.org/benefitsNTEE Category
Code: E21I - Health
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