Overview
What is Vassar Brothers Hospital Foundation?
Vassar Brothers Hospital Foundation is a not-for-profit organization situated in Poughkeepsie, New York. Its primary objective is to raise funds, manage and distribute these resources, supporting Vassar Brothers Medical Center and other associated not-for-profit healthcare institutions in the Western Connecticut and Hudson Valley regions. The Foundation's mission is to deliver high-quality, innovative, and compassionate healthcare, aiming to become a reliable partner in health for the local communities.
Official website here: www.nuvancehealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Vassar Brothers Hospital Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The foundation's overall score is heavily influenced by its strong performance in accountability and finance, demonstrating a commitment to transparency and responsible financial management. With a 97 score, the organization showcases effective governance, including a board comprised of 93% independent members.
The foundation excels in various financial metrics, such as a low liabilities to assets ratio of 0.44% and a substantial program expense ratio of 71.18%. Moreover, the fundraising efficiency is noteworthy, with minimal costs associated with fundraising efforts, reinforcing the foundation's ability to utilize contributions effectively. The presence of robust policies, such as conflict of interest and whistleblower protections, further bolsters its reputation for integrity and ethical practices.
While the foundation appears to operate with a high degree of financial prudence and accountability, continuous monitoring of these metrics will be essential for maintaining its strong standing. Overall, Vassar Brothers Hospital Foundation demonstrates a solid commitment to serving its mission while ensuring the responsible use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Vassar Brothers Hospital Foundation legitimate?
Vassar Brothers Hospital Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vassar Brothers Hospital Foundation 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
For more financial information, click here
Official website here: www.nuvancehealth.org
What is the mission statement of Vassar Brothers Hospital Foundation?
The mission of Vassar Brothers Hospital Foundation involves raising funds, managing these resources effectively, and making distributions to Vassar Brothers Medical Center and other affiliated not-for-profit healthcare organizations. Their aim is to become a trusted partner in health, providing efficient, innovative, and compassionate care to people across certain regions. The foundation, situated in an unspecified location, seeks to enhance healthcare services by soliciting, receiving, investing, and administering contributions on behalf of the aforementioned entities.
Official website here: www.nuvancehealth.org
Who is the CEO of Vassar Brothers Hospital Foundation?
Unavailable
Official website here: www.nuvancehealth.org
What is the revenue of Vassar Brothers Hospital Foundation?
Vassar Brothers Hospital Foundation's revenue in 2022 was $3,570,639.
Official website here: www.nuvancehealth.org
Who are the executives of Vassar Brothers Hospital Foundation and what are their salaries?
There 17 volunteers at Vassar Brothers Hospital Foundation.
Here are 23 key members and their salaries:
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- Related: $135,692
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Official website here: www.nuvancehealth.org
Where can I find the form 990 for Vassar Brothers Hospital Foundation?
Vassar Brothers Hospital Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nuvancehealth.org
Learn more at the official website: www.nuvancehealth.org
Mission Statement of Vassar Brothers Hospital Foundation
Vassar Brothers Hospital Foundation, a not-for-profit organization, is dedicated to raising funds, investing them, and distributing the earnings to Vassar Brothers Medical Center and other affiliated not-for-profit healthcare entities. Its mission is to serve as a partner in health for the people residing in the core regions of Western Connecticut and the Hudson Valley of New York. The foundation strives to deliver efficient, innovative, and compassionate care through the effective management of resources. The ultimate goal is to enhance the overall healthcare infrastructure, ensuring high-quality medical services for the community.
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Impact
October, 2024
Vassar Brothers Hospital Foundation significantly enhances healthcare in the Hudson Valley of New York and Western Connecticut by raising and managing funds that support Vassar Brothers Medical Center and its affiliates. The foundation's efforts are focused on reinvesting resources to ensure the delivery of excellent, innovative, and compassionate care to the community. By soliciting and administering contributions, it plays a crucial role in advancing the quality of health services available to local residents, enabling the hospital to expand its capabilities and improve patient care. Through these initiatives, the foundation acts as a vital partner in health for the region, fostering access to essential medical services and promoting overall community well-being.
This information is meant to be a general summary of Vassar Brothers Hospital Foundation. 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: $1,806,966
- Gross Receipts: $3,804,485
Assets and Liabilities:
- Total Assets: $49,829,838
- Total Liabilities: $224,123
- Net Assets: $49,605,715
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Organization Details
Founding Year
1990
Phone
(845) 475-9500Main Address
45 Reade Place, Poughkeepsie, NY, 12601
Website
www.nuvancehealth.orgNTEE Category
Code: E22I - Health
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