St Peter's Hospital 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: 222262982 ✦ Albany, NY ✦ Designated as a 501(c)(3)

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Overview

What is St Peter's Hospital Foundation Inc?

St. Peter's Hospital Foundation Inc, located in Albany, New York, is a charitable organization dedicated to supporting the philanthropic activities of St. Peter's Hospital and its affiliated tax-exempt entities. The foundation, with a team of eight dedicated individuals, raised over $8.4 million during its fiscal year 2022 to fund various programs within the hospital and its affiliates. By the end of June 2022, the foundation had distributed over $4 million in support. St. Peter's Health Partners and Trinity Health, as part of the organization's mission, collaborate to provide high-quality, comprehensive healthcare, supportive housing, and community services, primarily focusing on underserved and vulnerable populations. The foundation falls under the umbrella of St. Peter's Health Partners and Trinity Health, continuing the legacy of compassionate healing in the community. For more information, visit their website at www.givetostpeters.org.


Official website here: www.givetostpeters.org

What are the reviews and ratings of this charity?

**: Charity Navigator Rating 97%, Four-Star out of Four Stars **tar rating**

St. Peter's Hospital Foundation Inc. boasts an impressive four-star rating from Charity Navigator, reflecting its commitment to strong accountability and financial management. The foundation has achieved a high accountability and finance score of 97, indicating effective governance practices and responsible financial stewardship. It ranks well in areas such as documentation policies and the composition of its independent board, showcasing transparency and integrity in its operations.

The organization emphasizes its fiscal health with a program expense ratio of nearly 79%, demonstrating a significant allocation of resources towards its mission-driven programs. Additionally, a very low fundraising efficiency ratio suggests that the foundation operates efficiently in its fundraising efforts, ensuring that a substantial portion of donations directly supports its charitable initiatives.

No available user reviews from GreatNonprofits limit the ability to gauge public sentiment beyond the formal rating. Despite this, the strong financial metrics and governance practices position St. Peter's Hospital Foundation as a reliable nonprofit for potential donors and supporters.


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

Is St Peter's Hospital Foundation Inc legitimate?

St Peter's Hospital Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Peter's Hospital 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: $152,663
Professional Fundraising Fees: $0
Other Salaries and Wages: $351,792

For more financial information, click here


Official website here: www.givetostpeters.org

What is the mission statement of St Peter's Hospital Foundation Inc?

St. Peter's Hospital Foundation Inc's mission is centered around supporting the programs of St. Peter's Hospital and its affiliates. In alignment with St. Peter's Health Partners and Trinity Health, the foundation serves its communities with compassion and aims to provide the highest quality comprehensive healthcare, supportive housing, and community services, particularly for those in need and the vulnerable. The foundation is an integral part of St. Peter's Health Partners and Trinity Health, operating in the spirit of the gospel and committed to transforming lives through healing.


Official website here: www.givetostpeters.org

Who is the CEO of St Peter's Hospital Foundation Inc?

Peter Semenza is the Director; Sphp Vp Philanthropy of St Peter's Hospital Foundation Inc. The CEO's salary of St Peter's Hospital Foundation Inc is $0 and their total compensation is $1,318,565.


Official website here: www.givetostpeters.org

What is the revenue of St Peter's Hospital Foundation Inc?

St Peter's Hospital Foundation Inc's revenue in 2022 was $8,885,498.


Official website here: www.givetostpeters.org

Who are the executives of St Peter's Hospital Foundation Inc and what are their salaries?

The average compensation at St Peter's Hospital Foundation Inc during 2022 was $63,057. There are 8 employees and 28 volunteers at St Peter's Hospital Foundation Inc.


Here are 32 key members and their salaries (St Peter's Hospital Foundation Inc's CEO's salary is $0 and their total compensation is $1,318,565):


James Reed Md (Sphp President & Ceo)
  • Compensation: $0
  • Related: $1,204,151
  • Other: $114,414
Dennis Rassias Md (Director; Sphp Med Assoc Physician)
  • Compensation: $0
  • Related: $1,115,522
  • Other: $42,251
Vardan Amirbekian Md (Director; Sphp Med Assoc Physician)
  • Compensation: $0
  • Related: $1,010,117
  • Other: $42,931
Michael Finegan (Director; President, Acute Care)
  • Compensation: $0
  • Related: $775,475
  • Other: $55,381
Thomas Robert (Sphp Vp, Cfo & Treasurer)
  • Compensation: $0
  • Related: $643,445
  • Other: $133,814
Peter Semenza (Director; Sphp Vp Philanthropy)
  • Compensation: $0
  • Related: $387,966
  • Other: $58,898
Denise Mormino (Sphp Cao/Cfo Small Component Corps.)
  • Compensation: $0
  • Related: $249,495
  • Other: $49,678
Shannon Galuski (Director; Executive Director)
  • Compensation: $133,959
  • Related: $0
  • Other: $18,704
Lisa Smith (Director Of Grants)
  • Compensation: $108,653
  • Related: $0
  • Other: $12,192
Thomas Tyrrell (Director; Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Conway (Director; President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doris Fischer Malesardi (Director; Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francis Trombly Jr (Director; Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Rubin (Director; Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Becker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Buckley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Cahill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Campito (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Carriero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rhea Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Collura Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shankar Das Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Graber Rsm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Jennings (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Lazar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reverend David Lefort (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Leonard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Nemer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Beth O'Brien (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Obermayer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Puleo Ii Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Speich Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.givetostpeters.org

Where can I find the form 990 for St Peter's Hospital Foundation Inc?

St Peter's Hospital Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.givetostpeters.org

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

Mission Statement of St Peter's Hospital Foundation Inc

St. Peter's Hospital Foundation Inc, a member of St. Peter's Health Partners and Trinity Health, is committed to supporting the programs of St. Peter's Hospital and its affiliates. This nonprofit organization operates in the spirit of the Gospel, serving its communities with compassion and a transformative healing presence. Its mission extends beyond providing high-quality healthcare; it also offers comprehensive continuum of integrated health care, supportive housing, and community services, particularly for the needy and vulnerable individuals.

Founded on the community-based legacies of compassionate healing, St. Peter's Hospital Foundation Inc is dedicated to delivering the best possible care for its patients. By working together with St. Peter's Health Partners and Trinity Health, the foundation aims to create a healing environment that caters to the holistic needs of its patients, ensuring their physical, emotional, and social well-being. Through its various programs and services, the foundation seeks to empower and uplift the communities it serves, ultimately promoting a healthier and more connected society.

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Impact




October, 2024

St. Peter's Hospital Foundation Inc. plays a critical role in enhancing healthcare services in the Albany, NY area by providing substantial financial support for St. Peter's Hospital and its affiliates. In the fiscal year ending June 30, 2022, the foundation raised over $8.4 million, enabling it to distribute more than $4 million specifically for charitable activities related to healthcare. This funding directly supports programs that improve patient care, enhance community health initiatives, and ensure that vulnerable populations receive the medical attention they need.

The foundation's mission aligns with a legacy of compassionate healing, focusing on delivering high-quality integrated health care, supportive housing, and community services. By mobilizing dedicated volunteers and generous community contributions, St. Peter's Hospital Foundation strengthens the healthcare network, fostering a spirit of compassion and support throughout the region. This impactful work not only addresses the immediate health needs of the community but also contributes to a more sustainable and equitable healthcare system for the future.




This information is meant to be a general summary of St Peter's Hospital 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
$8,885,498 (2022)
Expenses
$5,566,327 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $390,880
  • Gross Receipts: $8,885,498

Assets and Liabilities:

  • Total Assets: $15,343,102
  • Total Liabilities: $962,311
  • Net Assets: $14,380,791

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Organization Details

Founding Year

1986

Principal Officer

Peter Semenza

Main Address

310 SOUTH MANNING BLVD, ALBANY, NY, 12208

NTEE Category

Code: E11 - Health

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