Overview
What is Inspira Health Foundation Inc?
Inspira Health Foundation Inc, based in Mullica Hill, New Jersey, serves as a charitable organization supporting Inspira Health Network and its affiliates. Their primary mission is to inspire community contributions, aiming to enhance the delivery of high-quality healthcare in the local communities. The foundation incurs expenses to fund the charitable purposes, programs, and services of Inspira Health Network, an integrated healthcare system. Their activities are geared towards strengthening this network's capabilities and ensuring it continues to provide exceptional healthcare services to its communities.
Official website here: www.inspirahealthnetwork.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 85%, Three-Star out of Four Star rating.
Inspira Health Foundation Inc has received an 85% score, reflecting a strong performance in the Accountability & Finance category. This rating is significant as it suggests a solid commitment to transparency and responsible management of resources. The organization has an independent board comprising 76% members, ensuring a level of oversight that contributes to its financial integrity.
The foundation scores high in multiple areas, including financial statements and the absence of material diversion of assets. It has established comprehensive policies, such as conflict of interest and whistleblower protections, which enhance its governance framework. Additionally, the organization maintains a healthy program expense ratio of 72.77%, indicating that a substantial portion of its funds directly supports its mission.
However, the fundraising efficiency ratio of $0.70 could be seen as a limitation, suggesting that a significant amount of funds is needed to raise additional funds. This aspect may warrant further attention to improve overall fundraising strategies. Overall, Inspira Health Foundation Inc demonstrates a strong accountability framework while also having areas that could be enhanced for greater operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Inspira Health Foundation Inc legitimate?
Inspira Health Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Inspira Health 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.inspirahealthnetwork.org
What is the mission statement of Inspira Health Foundation Inc?
The Inspira Health Foundation Inc's mission is to inspire community contributions to support Inspira Health Network, a tax-exempt integrated healthcare delivery system. The primary objective of the foundation is to aid the network in providing the highest quality healthcare to the communities it serves. Through its charitable activities, the foundation helps cover expenses related to the network's programs and services, ensuring the continuation of its mission. The foundation's goal is to foster a strong bond between the community and Inspira Health Network, ultimately improving the overall healthcare infrastructure.
Official website here: www.inspirahealthnetwork.org
What is the revenue of Inspira Health Foundation Inc?
Inspira Health Foundation Inc's revenue in 2023 was $3,331,977.
Official website here: www.inspirahealthnetwork.org
Who are the executives of Inspira Health Foundation Inc and what are their salaries?
There 17 volunteers at Inspira Health Foundation Inc.
Here are 27 key members and their salaries:
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- Related: $1,608,291
- Other: $350,191
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- Other: $23,392
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- Other: $105,901
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- Related: $544,564
- Other: $122,495
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- Related: $411,057
- Other: $36,346
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- Related: $44,723
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Official website here: www.inspirahealthnetwork.org
Where can I find the form 990 for Inspira Health Foundation Inc?
Inspira Health Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.inspirahealthnetwork.org
Learn more at the official website: www.inspirahealthnetwork.org
Mission Statement of Inspira Health Foundation Inc
Inspira Health Foundation Inc, a philanthropic organization, is dedicated to inspiring community giving to support Inspira Health Network, an integrated healthcare delivery system. The foundation's mission is to empower this network in its pursuit of providing the highest quality healthcare services in the communities it serves. By incurring expenses in support of the charitable purposes, programs, and services of Inspira Health Network and its affiliates, the foundation plays a crucial role in enhancing the overall healthcare landscape. This mission is aimed at ensuring that the communities benefiting from Inspira Health Network's services receive the best possible care, thereby improving their quality of life.
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Impact
October, 2024
Inspira Health Foundation Inc plays a vital role in enhancing healthcare services within its community by inspiring local philanthropic efforts. By motivating community giving, it supports the Inspira Health Network, an integrated healthcare delivery system dedicated to delivering the highest quality of care. This foundation facilitates the necessary funding for essential programs, services, and charitable initiatives that bolster healthcare accessibility and quality for residents.
Through its efforts, the foundation not only addresses immediate healthcare needs but also invests in the long-term sustainability and improvement of health services. The foundation’s financial support helps ensure that the healthcare facilities affiliated with the Inspira Health Network can continue providing top-notch medical care, ultimately fostering healthier communities in Mullica Hill, NJ, and beyond.
This information is meant to be a general summary of Inspira Health 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 2023.
- Investment Income: $749,237
- Gross Receipts: $3,762,826
Assets and Liabilities:
- Total Assets: $35,653,355
- Total Liabilities: $1,904,899
- Net Assets: $33,748,456
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Organization Details
Founding Year
1980
Principal Officer
Peter A Kaprielyan
Website
www.inspirahealthnetwork.orgNTEE Category
Code: E22I - Health
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