Overview
What is Lourdes Hospital Foundation Inc?
Lourdes Hospital Foundation Inc, situated in Binghamton, New York, serves as a fundraising entity for Our Lady of Lourdes Memorial Hospital. Its primary mission is to gather contributions to aid in the hospital's financial needs. By doing so, the foundation seeks to support the hospital in delivering essential healthcare services to its community. The foundation's activities are centered around soliciting donations, ensuring that the hospital has the necessary resources to deliver high-quality care.
Official website here: www.lourdeshospitalfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
Lourdes Hospital Foundation Inc has received a Four-Star out of Four Star rating from Charity Navigator, indicating a high level of accountability and transparency. The organization scored 96% overall, showcasing strong financial health and governance practices, with a notable achievement of 83% independent board members, which reflects a commitment to impartial oversight.
The financial performance of the foundation is robust, with a program expense ratio of 74.40%, demonstrating that a significant portion of its funding is directed towards its charitable programs. Additionally, the foundation has established comprehensive policies for conflict of interest, whistleblowing, and document retention, further reinforcing its ethical standards.
While the organization has received high marks for its governance and financial management, it is essential for potential donors to consider their specific interests and priorities when evaluating the foundation's programs and impact. Overall, Lourdes Hospital Foundation Inc appears to be a trustworthy nonprofit with a solid track record.
This AI summary has been generated from information found on Charity Navigator.
Is Lourdes Hospital Foundation Inc legitimate?
Lourdes Hospital Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lourdes Hospital 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:
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Official website here: www.lourdeshospitalfoundation.com
What is the mission statement of Lourdes Hospital Foundation Inc?
The Lourdes Hospital Foundation's primary objective is to invite contributions with the ultimate goal of financing Our Lady of Lourdes Memorial Hospital. Their mission is geared towards ensuring the hospital has the necessary resources to provide quality healthcare services. The foundation's activities are centered around soliciting funds to support the hospital's operations, thereby improving healthcare accessibility for the community. While the exact details of the specific programs or initiatives they undertake are not provided, it can be inferred that their mission is to enhance the capacity of the hospital to provide comprehensive healthcare services.
Official website here: www.lourdeshospitalfoundation.com
What is the revenue of Lourdes Hospital Foundation Inc?
Lourdes Hospital Foundation Inc's revenue in 2024 was $2,155,532.
Official website here: www.lourdeshospitalfoundation.com
Who are the executives of Lourdes Hospital Foundation Inc and what are their salaries?
Here are 23 key members and their salaries:
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Official website here: www.lourdeshospitalfoundation.com
Where can I find the form 990 for Lourdes Hospital Foundation Inc?
Lourdes Hospital Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.lourdeshospitalfoundation.com
Learn more at the official website: www.lourdeshospitalfoundation.com
Mission Statement of Lourdes Hospital Foundation Inc
Lourdes Hospital Foundation Inc, as a philanthropic organization, focuses its mission on soliciting contributions with the primary aim of providing financial support for Our Lady of Lourdes Memorial Hospital. By accumulating donations, Lourdes Hospital Foundation Inc plays a crucial role in ensuring the hospital's operational and medical resources remain functional and accessible to those in need. The foundation's mission is to contribute financially to the hospital, thereby enabling it to deliver high-quality healthcare services to its community.
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Impact
July, 2024
Lourdes Hospital Foundation Inc's impact lies in its efforts to solicit contributions to provide vital funding for Our Lady of Lourdes Memorial Hospital in Binghamton, NY. By supporting the foundation, individuals and organizations contribute to the advancement of healthcare services and the well-being of the community. These contributions play a crucial role in ensuring that the hospital can continue to provide quality care, medical facilities, and support to those in need. Ultimately, the foundation's work directly contributes to the enhancement of health services and the promotion of overall wellness in the region.
This information is meant to be a general summary of Lourdes Hospital 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 2024.
- Investment Income: $923,075
- Gross Receipts: $6,069,613
Assets and Liabilities:
- Total Assets: $28,705,046
- Total Liabilities: $69,549
- Net Assets: $28,635,497
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Organization Details
Founding Year
1981
Principal Officer
Robert O'Connell
NTEE Category
Code: E22I - Health
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