Overview
What is United Health Services Foundation Inc?
United Health Services Foundation Inc, a charitable organization based in Binghamton, New York, primarily focuses on providing grants to United Health Services, Ideal Senior Living Center, and Twin Tier Home Health. The purpose of these grants is diverse, encompassing facility improvements, equipment purchases, community health programs, and educational initiatives. The foundation is primarily funded through contributions, which are utilized to procure essential equipment, educational materials, and fund capital improvement projects. Additionally, the foundation plays a crucial role in fostering a strong relationship between these organizations and the local community. The primary aim of these initiatives is to enhance the broad range of healthcare services provided by these organizations in the greater Binghamton area. The foundation has a modest workforce of 4 individuals dedicated to its mission.
Official website here: www.uhs.net/donate/uhs-foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating 92% - Four-Star out of Four Star Rating
United Health Services Foundation Inc has received a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization scored 92% in these areas, indicating robust financial health and effective governance structures, such as a fully independent board and comprehensive policies on conflict of interest and whistleblowing.
The foundation demonstrates excellent practices in financial oversight, with no documented material diversion of assets and a solid liabilities to assets ratio of just 0.27%. This efficiency is further emphasized by a strong fundraising effectiveness, costing only $0.08 to raise a dollar. However, while the program expense ratio is at 61.11%, which is relatively lower compared to other organizations, it still indicates that a significant portion of funds is dedicated to operational costs rather than direct programmatic impact.
Overall, United Health Services Foundation Inc showcases admirable financial integrity and governance, making it a reliable choice for potential donors. Nonetheless, prospective supporters may wish to consider how the program expense ratio aligns with their philanthropic goals.
This AI summary has been generated from information found on Charity Navigator.
Is United Health Services Foundation Inc legitimate?
United Health Services Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Health Services 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: $170,501
Professional Fundraising Fees: $0
Other Salaries and Wages: $208,483
For more financial information, click here
Official website here: www.uhs.net/donate/uhs-foundation
What is the mission statement of United Health Services Foundation Inc?
The United Health Services Foundation, Inc. is a charitable organization that primarily uses contributions to support its mission. Its primary focus is on purchasing equipment, educational materials, and funding capital improvement projects to enhance healthcare services. The foundation aims to strengthen the relationship between the healthcare providers and the community in the broader area. The main beneficiaries of these grants include United Health Services, Inc., Ideal Senior Living Center, Inc., and Twin Tier Home Health, Inc., all of which offer a wide range of healthcare services. The foundation operates for charitable, educational, and scientific purposes, primarily supporting these healthcare organizations.
Official website here: www.uhs.net/donate/uhs-foundation
Who is the CEO of United Health Services Foundation Inc?
Cory S Jacobs is the Trustee of United Health Services Foundation Inc.
Official website here: www.uhs.net/donate/uhs-foundation
What is the revenue of United Health Services Foundation Inc?
United Health Services Foundation Inc's revenue in 2022 was $7,576,749.
Official website here: www.uhs.net/donate/uhs-foundation
Who are the executives of United Health Services Foundation Inc and what are their salaries?
The average compensation at United Health Services Foundation Inc during 2022 was $94,746. There are 4 employees and 42 volunteers at United Health Services Foundation Inc.
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- Compensation: $170,501
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- Other: $1,691
Official website here: www.uhs.net/donate/uhs-foundation
Where can I find the form 990 for United Health Services Foundation Inc?
United Health Services Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uhs.net/donate/uhs-foundation
Learn more at the official website: www.uhs.net/donate/uhs-foundation
Mission Statement of United Health Services Foundation Inc
United Health Services Foundation, a charitable organization, operates primarily for educational, scientific, and charitable purposes. It is primarily funded through contributions, which it utilizes to purchase equipment, educational materials, and fund capital improvement projects. The foundation also supports the hospital's relationship with the community. The primary beneficiaries of these grants are United Health Services, Ideal Senior Living Center, and Twin Tier Home Health, all of which provide a broad range of health care services in the greater Binghamton area. In essence, United Health Services Foundation serves to enhance the capabilities and reach of these healthcare organizations, ultimately contributing to the well-being of the community.
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Impact
October, 2024
United Health Services Foundation Inc plays a vital role in enhancing healthcare delivery and community health in the Greater Binghamton area. By providing grants to key organizations such as United Health Services, Inc., Ideal Senior Living Center, Inc., and Twin Tier Home Health, the foundation directly supports various initiatives that improve healthcare facilities and services.
The contributions received by the foundation are strategically allocated for purchasing essential medical equipment, funding educational materials, and supporting capital improvement projects. Additionally, these funds bolster community health programs and educational initiatives aimed at fostering a healthier community. The foundation’s efforts not only benefit healthcare providers but also strengthen the relationship between these organizations and the communities they serve, making healthcare access and quality a priority in the area.
Through its charitable, educational, and scientific endeavors, the foundation enhances the overall health landscape, ensuring that residents have access to a broad range of healthcare services while promoting wellness and education within the community.
This information is meant to be a general summary of United Health Services 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: $4,344,235
- Gross Receipts: $21,213,444
Assets and Liabilities:
- Total Assets: $32,736,914
- Total Liabilities: $91,539
- Net Assets: $32,645,375
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Organization Details
Founding Year
1982
Phone
(607) 762-2171Principal Officer
Cory S Jacobs
Main Address
10-42 MITCHELL AVENUE, BINGHAMTON, NY, 13903
NTEE Category
Code: E110 - Health
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