Overview
What is St Joseph's Health Fund?
St. Joseph's Health Fund is a supporting organization, functioning under the 501(c)(3) status, that aims to support St. Joseph's Medical Center, Inc., an affiliate. Established at 127 South Broadway, Yonkers, NY 10701, its primary mission is to boost the quality of healthcare in the local community by benefiting from public contributions, primarily in the New York metropolitan area. The fund's activities are geared towards upholding and promoting the objectives of St. Joseph's Medical Center, Inc., contributing to its overall mission and services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
St Joseph's Health Fund has earned a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization scored 82% overall, with a focus on strong governance practices, including a fully independent board and comprehensive audit oversight. These factors contribute to the charity's transparency and commitment to responsible financial management.
One of the organization's notable strengths is its high percentage of independent board members, which signifies a commitment to unbiased decision-making. In addition, the charity has implemented essential policies such as conflict of interest and whistleblower protections, ensuring ethical standards are upheld. However, the program expense ratio is 60.56%, suggesting that there may be room for improvement in how funds are allocated towards programmatic activities.
While St Joseph's Health Fund demonstrates commendable governance and financial oversight, the lower score in program expenses indicates that a larger portion of its budget could be directed toward its core mission. Overall, the organization showcases strong accountability practices, but enhancing programmatic spending could further strengthen its impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is St Joseph's Health Fund legitimate?
St Joseph's Health Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Joseph's Health 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of St Joseph's Health Fund?
St. Joseph's Health Fund's mission is to aid St. Joseph's Medical Center, Inc. and support the provision of quality healthcare within the community. They accomplish this by soliciting contributions from the general public, primarily in the New York metropolitan area. The Health Fund operates as a supporting organization, contributing to the not-for-profit St. Joseph's Medical Center, Inc., which is established under Section 501(c)(3) of the U.S. tax code. This organization's primary objective is to benefit SJMC, Inc. by fostering its operations and initiatives to enhance healthcare services for the community.
Who is the CEO of St Joseph's Health Fund?
Michael Spicer is the Treasurer of St Joseph's Health Fund.
What is the revenue of St Joseph's Health Fund?
St Joseph's Health Fund's revenue in 2022 was $1,699,755.
Who are the executives of St Joseph's Health Fund and what are their salaries?
Here are 7 key members and their salaries:
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- Related: $1,299,842
- Other: $226,075
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- Other: $0
Where can I find the form 990 for St Joseph's Health Fund?
St Joseph's Health Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Joseph's Health Fund
St. Joseph's Health Fund, a supporting organization under the 501(c)(3) umbrella, has a mission to aid St. Joseph's Medical Center, Inc. and promote quality healthcare within the community. The primary objective of St. Joseph's Health Fund is to solicit contributions from the general public, primarily in the New York metropolitan area. These contributions are then utilized for the benefit of St. Joseph's Medical Center, Inc., an affiliate of St. Joseph's Medical Center. The fund's purpose is to support and enhance the medical center's ability to provide top-notch healthcare services to the community, thereby contributing to the overall wellbeing of the population.
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Impact
October, 2024
St. Joseph's Health Fund plays a crucial role in enhancing the quality of healthcare in the community. By supporting St. Joseph's Medical Center (SJMC) and its affiliates, the fund is dedicated to promoting access to essential medical services and improving patient care. With a focus on soliciting contributions from the general public, particularly within the New York metropolitan area, the fund mobilizes resources that directly benefit SJMC, enabling the medical center to provide high-quality healthcare services to the community it serves. The impact of St. Joseph's Health Fund is reflected in its commitment to ensuring that comprehensive and compassionate medical care is available to all, strengthening the overall health and well-being of the population in Yonkers and beyond.
This information is meant to be a general summary of St Joseph's Health 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: $104,401
- Gross Receipts: $2,505,313
Assets and Liabilities:
- Total Assets: $7,272,550
- Total Liabilities: $209,833
- Net Assets: $7,062,717
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Organization Details
Founding Year
1989
Phone
(914) 378-7000Principal Officer
Michael Spicer
Main Address
127 SOUTH BROADWAY, YONKERS, NY, 10701
NTEE Category
Code: Z99 - Unknown
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