Overview
What is Henry Ford Macomb Medical Staff Foundation Inc?
The Henry Ford Macomb Medical Staff Foundation Inc is a 501(c)(3) nonprofit organization, headquartered with undisclosed details. Its primary mission is to enhance the quality of healthcare in the community served by the hospital. The foundation achieves this by compensating doctors for educational training and providing funds to charitable organizations. By investing in doctors' education and community organizations, the foundation aims to improve healthcare services, ultimately benefiting the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star Rating.
The Henry Ford Macomb Medical Staff Foundation Inc has received a solid rating of 80%, indicating a commendable level of accountability and finance management. The foundation's score is impressive, deriving solely from its accountability and finance metrics, suggesting a focused commitment to these essential areas.
Strengths of the organization include a fully independent board, which consists of 10 members, ensuring unbiased governance. Financially, the foundation demonstrates strong control over its assets, with no material diversion reported and a favorable liabilities-to-assets ratio of 0.62%. Additionally, a significant portion of its expenses, 81.41%, is allocated directly to programs, highlighting its dedication to impactful operations.
While the organization shows strong performance in its financial practices, details regarding its program outcomes and community impact are not highlighted in the rating summary. This could be a limitation for stakeholders interested in understanding the broader effectiveness of its initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Henry Ford Macomb Medical Staff Foundation Inc legitimate?
Henry Ford Macomb Medical Staff Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Henry Ford Macomb Medical Staff 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: $141,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Henry Ford Macomb Medical Staff Foundation Inc?
The Henry Ford Macomb Medical Staff Foundation's mission revolves around enhancing and improving healthcare services for the community served by the hospital. They accomplish this by funding seminars, training events, and programs for the Henry Ford Macomb Medical Staff. The foundation also engages in charitable, educational, and scientific activities, as per the guidelines of IRC 501(C)(3), to benefit the community. Additionally, they provide compensation to doctors for educational training and grant funds to charitable organizations for community benefit.
Who is the CEO of Henry Ford Macomb Medical Staff Foundation Inc?
Dr Prashant Patel is the President of Henry Ford Macomb Medical Staff Foundation Inc.
What is the revenue of Henry Ford Macomb Medical Staff Foundation Inc?
Henry Ford Macomb Medical Staff Foundation Inc's revenue in 2022 was $469,781.
Who are the executives of Henry Ford Macomb Medical Staff Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $110,000
- Related: $0
- Other: $0
- Compensation: $15,300
- Related: $0
- Other: $0
- Compensation: $15,900
- Related: $0
- Other: $0
Where can I find the form 990 for Henry Ford Macomb Medical Staff Foundation Inc?
Henry Ford Macomb Medical Staff Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Henry Ford Macomb Medical Staff Foundation Inc
The Henry Ford Macomb Medical Staff Foundation is committed to enhancing and improving healthcare services within the community served by the hospital. To achieve this, the foundation engages in various charitable, educational, and scientific activities, all of which align with the guidelines of IRC 501(C)(3). One of their primary focuses is providing compensation to medical professionals for educational training. This investment in their skills not only benefits the doctors themselves but also ultimately serves the community by improving the quality of healthcare services provided.
In addition to supporting medical staff development, the Henry Ford Macomb Medical Staff Foundation also extends its charitable efforts to various organizations within the community. By granting funds to these organizations, the foundation contributes to the betterment of the community as a whole. The activities of the Henry Ford Macomb Medical Staff Foundation are all aimed at enhancing the healthcare services available to the community, thereby improving the overall health and well-being of its residents.
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Impact
July, 2024
The Henry Ford Macomb Medical Staff Foundation Inc's impact lies in its mission to enhance and improve healthcare services provided for the benefit of the community served by the hospital. By providing compensation to doctors for educational training that betters the community and granting funds to charitable organizations for community benefit, the foundation plays a vital role in supporting the advancement of healthcare services in the region. Its activities align with charitable, educational, and scientific initiatives within the guidelines of IRC 501(c)(3), ultimately benefiting the community and contributing to overall health and well-being.
This information is meant to be a general summary of Henry Ford Macomb Medical Staff 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.
- Gross Receipts: $469,781
Assets and Liabilities:
- Total Assets: $425,650
- Total Liabilities: $2,662
- Net Assets: $422,988
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Organization Details
Founding Year
2003
Phone
(586) 291-9506Principal Officer
Dr Prashant Patel
Main Address
PO BOX 180910, UTICA, MI, 48318
NTEE Category
Code: E70 - Health
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