Overview
What is Central Suffolk Hospital Foundation?
Central Suffolk Hospital Foundation, based at 889 Harrison Avenue 3rd Floor in Riverhead, New York, is a nonprofit organization dedicated to raising philanthropic support for Peconic Bay Medical Center. Their mission is to foster collaborative relationships, thereby enhancing the health of the communities they serve by developing and cultivating programs and services offered through Central Suffolk Hospital. This includes securing funds for the hospital's various initiatives, ultimately improving the overall well-being of the community.
Official website here: www.pbmchealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% - Four-Star out of Four Stars
The Central Suffolk Hospital Foundation has received a Four-Star rating from Charity Navigator, reflecting a strong accountability and finance score of 94%. This high score indicates a well-managed organization that demonstrates effective oversight of its financial practices. The foundation boasts a board composed entirely of independent members, which contributes positively to its governance structure and decision-making processes.
Among its strengths, the foundation exhibits a remarkable program expense ratio of 99.81%, showcasing its commitment to channeling funds directly into its programs. Additionally, it maintains a low liabilities to assets ratio of 32.94%, indicating financial stability. The organization also adheres to best practices by ensuring that board meeting minutes are documented and tax forms are distributed to the board prior to filing.
However, a notable limitation is the absence of a conflict of interest policy, which resulted in a score of zero in that area. While this raises some concerns regarding governance practices, the foundation's overall strong performance in other metrics suggests that it remains a trustworthy organization focused on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Central Suffolk Hospital Foundation legitimate?
Central Suffolk Hospital Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Suffolk 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.pbmchealth.org
What is the mission statement of Central Suffolk Hospital Foundation?
The Central Suffolk Hospital Foundation's mission is to secure philanthropic support for Central Suffolk Hospital, also known as Peconic Bay Medical Center. The foundation's objective is to establish and foster philanthropic and collaborative relationships that foster programs and services offered through the hospital, ultimately improving the health of the communities it serves. The foundation's primary goal is to support the services provided at Peconic Bay Medical Center.
Official website here: www.pbmchealth.org
Who is the CEO of Central Suffolk Hospital Foundation?
Amy Loeb is the President Of Foundation of Central Suffolk Hospital Foundation.
Official website here: www.pbmchealth.org
What is the revenue of Central Suffolk Hospital Foundation?
Central Suffolk Hospital Foundation's revenue in 2022 was $11,635,048.
Official website here: www.pbmchealth.org
Who are the executives of Central Suffolk Hospital Foundation and what are their salaries?
There 10 volunteers at Central Suffolk Hospital Foundation.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $1,383,385
- Other: $61,459
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- Related: $697,296
- Other: $75,052
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Official website here: www.pbmchealth.org
Where can I find the form 990 for Central Suffolk Hospital Foundation?
Central Suffolk Hospital Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pbmchealth.org
Learn more at the official website: www.pbmchealth.org
Mission Statement of Central Suffolk Hospital Foundation
Central Suffolk Hospital Foundation, with a focus on philanthropy, strives to secure financial support for Central Suffolk Hospital, also known as Peconic Bay Medical Center. The foundation's mission extends beyond mere fundraising; it aims to foster collaborative relationships that enhance and strengthen the programs and services provided by the hospital. This proactive approach to philanthropy is instrumental in improving the health of the communities Central Suffolk Hospital serves. By developing and cultivating these relationships, the foundation plays a crucial role in advancing the hospital's capacity to deliver high-quality healthcare.
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Impact
October, 2024
Central Suffolk Hospital Foundation significantly enhances the health and wellbeing of the communities it serves by fostering philanthropic support for Peconic Bay Medical Center. By developing and nurturing collaborative relationships, the foundation helps to fund essential programs and services that improve healthcare accessibility and quality. Its commitment to community health is evident in the targeted initiatives it supports, ensuring that residents have access to vital medical resources and care. The foundation's efforts not only bolster the services at Peconic Bay Medical Center but also contribute to a healthier population in Riverhead and surrounding areas.
This information is meant to be a general summary of Central Suffolk 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: $60,084
- Gross Receipts: $13,236,164
Assets and Liabilities:
- Total Assets: $53,707,722
- Total Liabilities: $17,695,859
- Net Assets: $36,011,863
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Organization Details
Founding Year
2004
Phone
(631) 548-6152Principal Officer
Amy Loeb
Main Address
889 Harrison Avenue 3rd Floor, RIVERHEAD, NY, 11901
Website
www.pbmchealth.orgNTEE Category
Code: E11 - Health
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