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Princeton Healthcare System Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222225911 ✦ Plainsboro, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Princeton Healthcare System Foundation Inc?

Princeton Healthcare System Foundation Inc is a charitable organization located in New Jersey, serving as a key supporter of Princeton Healthcare System, a nonprofit providing essential medical services to the community. The Foundation's mission is to strengthen philanthropic contributions for Princeton Healthcare System, enhance public understanding of its work, and promote the highest quality healthcare services in the Greater Princeton and Central New Jersey regions. Furthermore, the Foundation is committed to upholding ethical fundraising principles, fostering effective communication, and ensuring that healthcare services are accessible to all, regardless of their background or ability to pay.


Official website here: www.princetonhcs.org

What are the reviews and ratings of this charity?

Princeton Healthcare System Foundation Inc holds a Four-Star out of Four Star rating from Charity Navigator with an impressive score of 96%. This rating suggests strong accountability and financial health, allowing donors to give with confidence if the organization's mission resonates with their values. The foundation has demonstrated robust financial management, with a near-perfect accountability score and effective fundraising strategies.

The foundation excels in maintaining transparent and ethical operations, with full marks for policies preventing conflicts of interest and protecting whistleblowers. Its program expense ratio is commendably high, indicating effective allocation of funds toward its programmatic goals. Additionally, the culture and community score shows strong constituent feedback mechanisms, underscoring its responsiveness and commitment to equity and inclusion.

Leadership and adaptability are key strengths for Princeton Healthcare System Foundation. This is evidenced by their rapid response and flexible fundraising efforts during the COVID-19 pandemic, which included adapting events to meet community needs. Their proactive leadership development initiatives and a commitment to mission-driven work stand out, further reinforcing the foundation’s reliability and integrity.


This AI summary has been generated from information found on Charity Navigator.

Is Princeton Healthcare System Foundation Inc legitimate?

Princeton Healthcare System Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Princeton Healthcare System 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: $108,896
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.princetonhcs.org

What is the mission statement of Princeton Healthcare System Foundation Inc?

The Princeton Healthcare System Foundation's mission is to financially support and promote the mission of Princeton Healthcare System, a nonprofit organization that provides medically necessary healthcare services to all individuals in a non-discriminatory manner, regardless of their race, color, creed, sex, national origin, or ability to pay. The foundation aims to develop and strengthen philanthropic support for Princeton Healthcare System from various charitable sources, increase public awareness about the organization, and foster effective communication between it and the communities it serves. Additionally, it supports Princeton Healthcare System's mission of offering the finest healthcare services available to the Greater Princeton and Central New Jersey communities. The foundation adheres to the highest standards of ethical conduct in its fundraising practices, governance, and stewardship.


Official website here: www.princetonhcs.org

Who is the CEO of Princeton Healthcare System Foundation Inc?

Guilherme Valladares is the Former Dir - Pres/Ceo of Princeton Healthcare System Foundation Inc. The CEO's salary of Princeton Healthcare System Foundation Inc is $0 and their total compensation is $698,595.


Official website here: www.princetonhcs.org

What is the revenue of Princeton Healthcare System Foundation Inc?

Princeton Healthcare System Foundation Inc's revenue in 2022 was $11,747,296.


Official website here: www.princetonhcs.org

Who are the executives of Princeton Healthcare System Foundation Inc and what are their salaries?

There 1 volunteer at Princeton Healthcare System Foundation Inc.


Here are 24 key members and their salaries (Princeton Healthcare System Foundation Inc's CEO's salary is $0 and their total compensation is $698,595):


Barry S Rabner (Former Dir - Pres/Ceo)
  • Compensation: $0
  • Related: $1,029,408
  • Other: $4,753
James G Demetriades (Dir - Pres & Ceo)
  • Compensation: $0
  • Related: $614,851
  • Other: $83,744
Guilherme Valladares Mba (Svp & Cfo - Asst. Treas.)
  • Compensation: $0
  • Related: $471,332
  • Other: $14,875
Hyona Revere (Director, Asst Sec.)
  • Compensation: $0
  • Related: $345,636
  • Other: $24,002
Rameck R Hunt Md (Director)
  • Compensation: $0
  • Related: $300,494
  • Other: $3,318
Rachel P Dultz Md (Director)
  • Compensation: $0
  • Related: $187,224
  • Other: $0
W Thomas Gutowski (Director - Chair)
  • Compensation: $0
  • Related: $25,994
  • Other: $0
Suresh C Chugh (Director - Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Grant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman R Klath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony J Kuczinski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rhonda A Medina (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred D Price (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret J Sieck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula W Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amrit Walia-Zaidi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John D Wallace (Director - Thru 3/1/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alicia Brennan Md (Director - Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Heyburn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anjna Kumar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jaimie Stournaras (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerard A Compito Md (Director/Chair - Thru 3/1/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Delorenzo (Director As Of 11/17/2021)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kellie Malloy Foerter (Director As Of 11/17/2021)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.princetonhcs.org

Where can I find the form 990 for Princeton Healthcare System Foundation Inc?

Princeton Healthcare System Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.princetonhcs.org

Learn more at the official website: www.princetonhcs.org

Mission Statement of Princeton Healthcare System Foundation Inc

Princeton Healthcare System Foundation Inc, a charitable organization under Internal Revenue Code Section 501(c)(3), is dedicated to financially supporting and promoting the mission of Princeton Healthcare System (PHCS). This mission-driven hospital organization provides medically necessary healthcare services to individuals, regardless of their race, color, creed, sex, national origin, or their ability to pay.

The Princeton Healthcare System Foundation's primary objective is to develop and strengthen philanthropic support for PHCS from various charitable sources. They aim to increase public awareness about PHCS and foster effective communication between the organization and the communities it serves. By doing so, the foundation supports PHCS's mission of delivering high-quality healthcare services to the greater Princeton and Central New Jersey communities.

The foundation also adheres to the highest ethical standards in its fundraising practices, governance, and stewardship. This commitment ensures transparency and accountability in the use of donated funds and upholds the foundation's responsibility to its supporters and the communities it serves. In summary, Princeton Healthcare System Foundation Inc acts as a vital partner in supporting and advancing the mission of Princeton Healthcare System, thereby contributing to the provision of exceptional healthcare services in the communities it serves.

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Impact




October, 2024

Princeton Healthcare System Foundation Inc plays a crucial role in enhancing healthcare services in Central New Jersey by developing and solidifying philanthropic support for the Princeton Healthcare System (PHCS). Its efforts ensure that essential medical services are accessible to all individuals within the community, regardless of background or financial capability.

The Foundation works to raise public awareness about PHCS, fostering effective communication between the healthcare system and the communities it serves. This engagement is vital for understanding and addressing the healthcare needs of the population. By strengthening financial support through various charitable resources, the Foundation helps ensure that PHCS can provide high-quality medical care and innovative healthcare solutions.

Furthermore, the Foundation is committed to maintaining the highest ethical standards in fundraising and governance, ensuring that the resources received are used effectively and transparently to benefit the community. Through these initiatives, Princeton Healthcare System Foundation Inc significantly impacts the health and well-being of the greater Princeton and Central New Jersey areas.




This information is meant to be a general summary of Princeton Healthcare System 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.

Revenue
$11,747,296 (2022)
Expenses
$3,319,571 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,125,163
  • Program Service Revenue: $1,524,010
  • Gross Receipts: $11,876,057

Assets and Liabilities:

  • Total Assets: $85,798,716
  • Total Liabilities: $769,149
  • Net Assets: $85,029,567

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM RELATED REVENUE

Revenue

$1,524,010

Organization Details

Founding Year

1978

Principal Officer

Guilherme Valladares

Main Address

ONE PLAINSBORO ROAD, PLAINSBORO, NJ, 08536

NTEE Category

Code: E110 - Health

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