Overview
What is Kenmore Mercy Foundation?
The Kenmore Mercy Foundation, a 501(c)3 charitable organization based in Buffalo, New York, primarily focuses on raising funds for Kenmore Mercy Hospital in Kenmore, NY. Their mission is to ensure that clinical caregivers have access to modern facilities and advanced technology by providing funds for capital renovations and equipment purchases. With a small team of one employee, the Kenmore Mercy Foundation plays a crucial role in enhancing the medical capabilities of the hospital, ultimately benefiting the community it serves.
Official website here: www.chsbuffalo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Star rating)
The Kenmore Mercy Foundation has earned a Three-Star rating from Charity Navigator, reflecting a score of 78%. This score is derived entirely from their Accountability & Finance metrics, indicating a strong emphasis on financial management and transparency. The foundation has demonstrated solid governance with 75% of its board members being independent, which contributes positively to its accountability.
The organization showcases exemplary practices in several areas, including having an Audit and Oversight Committee and policies for conflicts of interest and whistleblowers, all of which received full scores. Additionally, the foundation has no material diversion of assets and maintains a low liabilities to assets ratio of 2.23%, which suggests prudent financial management.
However, the program expense ratio stands at 55.37%, which may indicate that a smaller portion of its expenditures is directed towards program services compared to the total expenses. This may be a point of concern for potential donors who prioritize direct program funding. Overall, while the foundation exhibits strong financial accountability, there is room for improvement in its program spending.
This AI summary has been generated from information found on Charity Navigator.
Is Kenmore Mercy Foundation legitimate?
Kenmore Mercy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kenmore Mercy 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: $151,168
Professional Fundraising Fees: $0
Other Salaries and Wages: $124,261
For more financial information, click here
Official website here: www.chsbuffalo.org
What is the mission statement of Kenmore Mercy Foundation?
The Kenmore Mercy Foundation serves as a charitable, not-for-profit organization with the sole purpose of raising funds for the benefit of Kenmore Mercy Hospital. As a 501(c)3 corporation, its primary goal is to support the hospital by providing funds for capital renovations and purchasing up-to-date facilities and advanced technology. This enables the hospital's clinical caregivers to deliver high-quality healthcare services. By raising funds, the foundation aims to enhance the hospital's capabilities and contribute to improved patient care.
Official website here: www.chsbuffalo.org
Who is the CEO of Kenmore Mercy Foundation?
Daniel Paolini is the Chairman of Kenmore Mercy Foundation. The CEO's salary of Kenmore Mercy Foundation is $0 and their total compensation is $400,858.
Official website here: www.chsbuffalo.org
What is the revenue of Kenmore Mercy Foundation?
Kenmore Mercy Foundation's revenue in 2022 was $698,239.
Official website here: www.chsbuffalo.org
Who are the executives of Kenmore Mercy Foundation and what are their salaries?
The average compensation at Kenmore Mercy Foundation during 2022 was $275,429. There is 1 employee and 10 volunteers at Kenmore Mercy Foundation.
Here are 17 key members and their salaries (Kenmore Mercy Foundation's CEO's salary is $0 and their total compensation is $400,858):
- Compensation: $0
- Related: $1,314,161
- Other: $25,888
- Compensation: $0
- Related: $351,681
- Other: $49,177
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $106,350
- Related: $0
- Other: $23,191
- Compensation: $0
- Related: $398,036
- Other: $12,361
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.chsbuffalo.org
Where can I find the form 990 for Kenmore Mercy Foundation?
Kenmore Mercy Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chsbuffalo.org
Learn more at the official website: www.chsbuffalo.org
Mission Statement of Kenmore Mercy Foundation
The Kenmore Mercy Foundation, a charitable and not-for-profit organization, is dedicated to raising funds for the betterment of Kenmore Mercy Hospital. Its primary purpose is to ensure that the hospital's clinical caregivers have access to modern facilities and cutting-edge technology, achieving this goal through capital renovations and equipment purchases. The Foundation serves as a vital support system, enabling the hospital to continually improve its services and maintain its commitment to providing high-quality care.
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Impact
July, 2024
Kenmore Mercy Foundation's impact is significant in providing funds for capital renovations and equipment purchases to ensure that clinical caregivers at Kenmore Mercy Hospital in Buffalo, NY, have access to up-to-date facilities and state-of-the-art technology. This support plays a crucial role in improving patient care and overall healthcare services in the community.
This information is meant to be a general summary of Kenmore Mercy 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: $120,818
- Gross Receipts: $2,070,708
Assets and Liabilities:
- Total Assets: $3,975,810
- Total Liabilities: $88,746
- Net Assets: $3,887,064
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Organization Details
Founding Year
1980
Phone
(716) 923-2968Principal Officer
Daniel Paolini
Main Address
144 GENESEE STREET, BUFFALO, NY, 14203
Website
www.chsbuffalo.orgNTEE Category
Code: E22I - Health
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