Overview
What is The Samaritan Medical Center Foundation Of Northern New York Inc?
The Samaritan Medical Center Foundation of Northern New York Inc. is a nonprofit organization situated in Watertown, New York. Its primary mission is to raise funds and planned gifts to support the growth of its investment policy, ultimately aiding the mission of Samaritan Medical Center and its tax-exempt affiliates. This foundation's purpose is to provide financial assistance for Samaritan Medical Center and its affiliates, ensuring they can deliver a comprehensive healthcare system serving Jefferson, Lewis, St. Lawrence, and Northern Oswego counties. With a small team of one dedicated individual, the foundation aims to contribute to the community's health and well-being.
Official website here: www.samaritanhealth.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Samaritan Medical Center Foundation of Northern New York Inc has achieved a high rating of 96%, reflecting its strong performance in accountability and finance. The organization boasts an impressive accountability and finance score, indicating that it effectively manages its finances and operates with a high level of transparency. Key strengths include a fully independent board and comprehensive financial oversight measures, which enhance its credibility and trustworthiness among donors.
The foundation demonstrates an exceptional commitment to programmatic spending, with a program expense ratio of 98.31%. This means that the vast majority of its resources are directed towards fulfilling its mission rather than administrative costs. Additionally, the organization has established robust policies regarding conflicts of interest, whistleblower protections, and document retention, which further strengthen its governance practices.
While the foundation's financial health appears solid, indicated by a liability to assets ratio of only 1.47%, it is important for potential donors to remain informed about ongoing operations and any changes in financial management. Overall, the high ratings and thorough compliance with best practices position the Samaritan Medical Center Foundation as a reliable choice for supporting healthcare initiatives in its community.
This AI summary has been generated from information found on Charity Navigator.
Is The Samaritan Medical Center Foundation Of Northern New York Inc legitimate?
The Samaritan Medical Center Foundation Of Northern New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Samaritan Medical Center Foundation Of Northern New York 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,575
For more financial information, click here
Official website here: www.samaritanhealth.com
What is the mission statement of The Samaritan Medical Center Foundation Of Northern New York Inc?
The Samaritan Medical Center Foundation of Northern New York Inc's mission is centered around raising funds and planned gifts, as well as managing its investment policy. The primary objective is to support the mission of Samaritan Medical Center and its tax-exempt affiliates. By accomplishing this, the foundation aims to contribute to the provision of a comprehensive healthcare system that caters to the needs of Jefferson, Lewis, St. Lawrence, and Northern Oswego counties. Specifically, the funds raised are utilized to support Samaritan Medical Center, Samaritan Keep Home, and Samaritan Summit Village.
Official website here: www.samaritanhealth.com
Who is the CEO of The Samaritan Medical Center Foundation Of Northern New York Inc?
Elizabeth Fipps is the Vp Foundation And Communit of The Samaritan Medical Center Foundation Of Northern New York Inc. The CEO's salary of The Samaritan Medical Center Foundation Of Northern New York Inc is $0 and their total compensation is $938,040.
Official website here: www.samaritanhealth.com
What is the revenue of The Samaritan Medical Center Foundation Of Northern New York Inc?
The Samaritan Medical Center Foundation Of Northern New York Inc's revenue in 2022 was $692,434.
Official website here: www.samaritanhealth.com
Who are the executives of The Samaritan Medical Center Foundation Of Northern New York Inc and what are their salaries?
The average compensation at The Samaritan Medical Center Foundation Of Northern New York Inc during 2022 was $17,575. There is 1 employee at The Samaritan Medical Center Foundation Of Northern New York Inc.
Here are 28 key members and their salaries (The Samaritan Medical Center Foundation Of Northern New York Inc's CEO's salary is $0 and their total compensation is $938,040):
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- Related: $453,847
- Other: $46,030
- Compensation: $242,357
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- Other: $5,571
Official website here: www.samaritanhealth.com
Where can I find the form 990 for The Samaritan Medical Center Foundation Of Northern New York Inc?
The Samaritan Medical Center Foundation Of Northern New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.samaritanhealth.com
Learn more at the official website: www.samaritanhealth.com
Mission Statement of The Samaritan Medical Center Foundation Of Northern New York Inc
The Samaritan Medical Center Foundation of Northern New York Inc is committed to raising funds and planned gifts to support the growth of its investment policy. This mission is aimed at bolstering the comprehensive healthcare system provided by Samaritan Medical Center and its tax-exempt affiliates. By doing so, the foundation aims to contribute to the provision of healthcare services in Jefferson, Lewis, St. Lawrence, and Northern Oswego counties.
In essence, the primary role of The Samaritan Medical Center Foundation of Northern New York Inc is to financially support the operations of Samaritan Medical Center, Samaritan Keep Home, and Samaritan Summit Village. The foundation's contributions help these entities to deliver the necessary healthcare services to their respective communities, ensuring that they have access to the medical care they need. By raising funds and investment, the foundation plays a crucial role in enhancing the healthcare infrastructure and services provided by these organizations.
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Impact
July, 2024
The Samaritan Medical Center Foundation's impact is far-reaching, as it provides essential funds to support Samaritan Medical Center and its affiliates in offering a comprehensive healthcare system to residents of Jefferson, Lewis, St. Lawrence, and northern Oswego counties. By raising monies and planned gifts, the foundation ensures the growth of its investment policy to support the mission of the medical center and its tax-exempt affiliates. Through their philanthropic efforts, they enable Samaritan Medical Center, Samaritan Keep Home, and Samaritan Summit Village to continue delivering high-quality healthcare services to the community.
This information is meant to be a general summary of The Samaritan Medical Center Foundation Of Northern New York 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: $304,338
- Gross Receipts: $5,131,183
Assets and Liabilities:
- Total Assets: $17,117,151
- Total Liabilities: $253,310
- Net Assets: $16,863,841
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Organization Details
Founding Year
1995
Phone
(315) 785-5745Principal Officer
Elizabeth Fipps
Main Address
830 WASHINGTON STREET, WATERTOWN, NY, 13601
Website
www.samaritanhealth.comNTEE Category
Code: T30 - Philanthropy
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