Overview
What is Cvph Foundation Inc?
Cvph Foundation Inc, based in Plattsburgh, New York, is a dedicated nonprofit organization that collaborates with CVPH Medical Center to cater to the community's healthcare needs. The foundation provides financial aid, facilitating the purchase of new diagnostic equipment and funding healthcare services for children. It also coordinates support groups for patients living with illness, offers charity care for those in need, and organizes programs promoting health and wellness. Furthermore, the foundation aids 224 families by covering their travel expenses incurred while obtaining specialized healthcare services. By connecting the generosity of the local community with CVPH Medical Center, the foundation plays a significant role in promoting health and wellness within their community.
Official website here: www.cvph.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star Rating)
The Cvph Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The foundation's entire score is derived from its Accountability & Finance metrics, highlighting its effective governance practices, including a fully independent board and a lack of material asset diversions. Additionally, the organization demonstrates excellent financial management with a high program expense ratio and solid working capital.
Strengths of the Cvph Foundation include its independent board structure, which consists entirely of independent members, and its effective oversight represented by a robust audit committee. The foundation also excels in financial ratios, showcasing a low liability to assets ratio and efficient fundraising practices, although the latter could be improved as indicated by its fundraising efficiency score.
Despite its strengths, the Cvph Foundation does have areas for improvement, particularly in its governance policies. The absence of a whistleblower policy and document retention guidelines may signal potential gaps in transparency and operational protocol. Addressing these limitations could enhance the foundation's overall governance framework and build further trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Cvph Foundation Inc legitimate?
Cvph Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cvph 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: $204,105
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.cvph.org
What is the mission statement of Cvph Foundation Inc?
The Cvph Foundation Inc's mission is to bridge the generosity of a caring community with opportunities to promote health and wellness, working in collaboration with CVPH Medical Center. The foundation's primary goal is to provide financial support to CVPH Medical Center to meet the healthcare needs of the community. This assistance extends to covering the hospital's expenses for purchasing new diagnostic equipment, funding healthcare services for children, organizing support groups for patients living with illness, offering charity care for those in need, and coordinating programs that promote health and wellness. Furthermore, the foundation offers financial assistance to 224 families to cover their travel expenses incurred while obtaining specialized healthcare.
Official website here: www.cvph.org
Who is the CEO of Cvph Foundation Inc?
Matej Kollar is the Immediate Past President of Cvph Foundation Inc.
Official website here: www.cvph.org
What is the revenue of Cvph Foundation Inc?
Cvph Foundation Inc's revenue in 2022 was $2,203,111.
Official website here: www.cvph.org
Who are the executives of Cvph Foundation Inc and what are their salaries?
There 89 volunteers at Cvph Foundation Inc.
Here are 24 key members and their salaries:
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- Related: $613,736
- Other: $34,524
Official website here: www.cvph.org
Where can I find the form 990 for Cvph Foundation Inc?
Cvph Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cvph.org
Learn more at the official website: www.cvph.org
Mission Statement of Cvph Foundation Inc
Cvph Foundation Inc, a philanthropic organization, is committed to bridging the generosity of a compassionate community with opportunities to promote health and wellness. Working in alliance with CVPH Medical Center, the foundation aims to provide financial support to meet the healthcare needs of the community. This assistance encompasses several areas, such as reimbursing the hospital for the acquisition of new diagnostic equipment, funding healthcare services for children, organizing support groups for patients living with illness, offering charity care for those in need, and supporting programs that promote health and wellness.
In addition to these initiatives, Cvph Foundation Inc extends financial assistance to 224 families to cover their travel expenses incurred while obtaining specialized healthcare. This covers costs like fuel, ferry tickets, flight fares, lodging, and meals. By providing this support, Cvph Foundation Inc ensures that individuals in need have access to vital medical services, thus contributing positively to the overall health and wellbeing of the community.
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Impact
October, 2024
Cvph Foundation Inc significantly enhances community health and wellness by fostering collaboration between generous local supporters and CVPH Medical Center. Through its efforts, the foundation provides essential financial support that enables the medical center to address critical healthcare needs.
Key contributions include funding for new diagnostic equipment, which ensures that the medical facility remains equipped with the latest technology to diagnose and treat patients effectively. The foundation also plays a crucial role in providing healthcare services specifically for children, catering to their unique and vital needs.
Additionally, it organizes support groups for individuals living with illnesses, creating a vital network of encouragement and shared experiences that can greatly improve the emotional well-being of participants. The foundation helps bridge gaps in care by offering charity assistance for those facing financial hardships, ensuring that no one is deprived of necessary medical attention due to their circumstances.
Notably, Cvph Foundation Inc provides travel assistance for families needing specialized healthcare, covering various expenses like fuel, ferry tickets, and lodging. This vital support alleviates the financial burden on 224 families, enabling them to access critical services without the added stress of travel costs.
Overall, Cvph Foundation Inc serves as a cornerstone in promoting health and wellness within the community, making a tangible difference in the lives of individuals and families in need.
This information is meant to be a general summary of Cvph 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $40,213
- Gross Receipts: $2,283,531
Assets and Liabilities:
- Total Assets: $8,335,130
- Total Liabilities: $129,212
- Net Assets: $8,205,918
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Organization Details
Founding Year
1989
Phone
(518) 561-2000Principal Officer
Matej Kollar
Main Address
75 BEEKMAN STREET, PLATTSBURGH, NY, 12901
Website
www.cvph.orgNTEE Category
Code: E22J - Health
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