Overview
What is Holy Rosary Healthcare Foundation Inc?
Holy Rosary Healthcare Foundation Inc, established in 2003, is a charity-driven organization based in Miles City, Montana. The foundation's primary goal is to improve health-related projects, services, and solutions in Eastern Montana by partnering with donors. Their mission encompasses various aspects of healthcare throughout a person's lifespan, including end-of-life services, cancer, diabetes, heart disease, and numerous specialty areas. The foundation has several funds dedicated to specific areas, such as behavioral health, campus development, cancer services, children's healthcare, and more, aiming to enhance the quality of healthcare in Eastern Montana. After a merger on April 1, 2022, Holy Rosary Healthcare became part of Intermountain Healthcare, a large health system that provides high-quality, accessible, and affordable healthcare across multiple states. As a result, Holy Rosary has direct access to best practices, resources, technology, talent, and strategic capital, furthering its ability to serve the community.
Official website here: www.see schedule "o" for website address
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Holy Rosary Healthcare Foundation Inc has received an impressive Four-Star rating from Charity Navigator, highlighting its strong commitment to accountability and finance. The organization demonstrates significant transparency, evidenced by a 97% score in this category. Key strengths include a fully independent board, robust financial oversight, and an exemplary record in managing assets without any material diversions.
The foundation excels in its program expense ratio, allocating 93.45% of its expenditures toward programs, which reflects a strong dedication to fulfilling its mission. Additionally, the organization maintains a remarkable working capital ratio, ensuring its long-term financial health. It also has comprehensive policies in place, such as conflict of interest and whistleblower policies, underscoring its commitment to ethical practices.
However, while the organization is highly efficient in its operations, the fundraising efficiency ratio has room for improvement, indicating that a larger portion of funds raised may go toward operational costs. Despite this minor limitation, Holy Rosary Healthcare Foundation Inc stands out as a well-managed nonprofit with a strong financial foundation and a focus on transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Holy Rosary Healthcare Foundation Inc legitimate?
Holy Rosary Healthcare Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holy Rosary Healthcare 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.see schedule "o" for website address
What is the mission statement of Holy Rosary Healthcare Foundation Inc?
The Holy Rosary Healthcare Foundation Inc's mission is centered around revealing and fostering God's healing love. This is accomplished by improving the health of individuals and communities, with a particular focus on the vulnerable and those living in poverty. The foundation supports various health-related projects, services, and solutions throughout their service area, spanning from childbirth to end-of-life healthcare. They cover a wide range of healthcare needs, including hospice, cancer, diabetes, heart disease, and many other specialty areas. The foundation, established in 2003, has had a significant impact on their community through its initiatives and collaborations. As a part of Intermountain Health, they have access to best practices, resources, technology, talent, and strategic capital to enhance their services.
Official website here: www.see schedule "o" for website address
Who is the CEO of Holy Rosary Healthcare Foundation Inc?
Karen Costello is the Director of Holy Rosary Healthcare Foundation Inc.
Official website here: www.see schedule "o" for website address
What is the revenue of Holy Rosary Healthcare Foundation Inc?
Holy Rosary Healthcare Foundation Inc's revenue in 2022 was $4,304,637.
Official website here: www.see schedule "o" for website address
Who are the executives of Holy Rosary Healthcare Foundation Inc and what are their salaries?
There 5 volunteers at Holy Rosary Healthcare Foundation Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $350,630
- Other: $116,445
- Compensation: $0
- Related: $176,168
- Other: $43,683
- 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
Official website here: www.see schedule "o" for website address
Where can I find the form 990 for Holy Rosary Healthcare Foundation Inc?
Holy Rosary Healthcare Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.see schedule "o" for website address
Learn more at the official website: www.see schedule "o" for website address
Mission Statement of Holy Rosary Healthcare Foundation Inc
Holy Rosary Healthcare Foundation Inc's mission is centered around revealing and fostering God's healing love by improving the health of individuals and communities, with a particular focus on those who are poor and vulnerable. The organization's mission is to provide high-quality healthcare services, encompassing various stages of life, from childbirth to end-of-life services. The Foundation's work extends to numerous specialized areas, such as hospice, cancer, diabetes, heart disease, and many others. By partnering with charitably-minded donors, Holy Rosary Healthcare Foundation Inc contributes to health-related projects, services, and solutions in their region, positively impacting a broad range of people and healthcare needs. The organization's mission has far-reaching effects, serving as a pillar for the long-term sustainability and growth of communities.
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Impact
August, 2024
Holy Rosary Healthcare Foundation Inc's impact is significant in improving the health of the people and communities in Eastern Montana, especially those who are poor and vulnerable. Through charitable donations, the foundation supports a wide range of health-related projects, services, and solutions in areas such as hospice, cancer, diabetes, heart disease, and more. By funding various programs like behavioral health, cancer services, children's healthcare, staff development, and more, the foundation plays a crucial role in enhancing healthcare access and quality in the region. Additionally, initiatives like the Guardian Angel Fund provide direct patient assistance to those in need, further demonstrating the foundation's commitment to supporting the well-being of the community.
This information is meant to be a general summary of Holy Rosary Healthcare 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: $9,204
- Gross Receipts: $4,331,311
Assets and Liabilities:
- Total Assets: $6,636,131
- Total Liabilities: $7,503
- Net Assets: $6,628,628
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Organization Details
Founding Year
2003
Phone
(406) 233-4043Principal Officer
Karen Costello
Main Address
2600 WILSON STREET, MILES CITY, MT, 59301
NTEE Category
Code: T30 - Philanthropy
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