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Montgomery Health Foundation

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

EIN: 222456265 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Montgomery Health Foundation?

Montgomery Health Foundation is a philanthropic organization, established as a Section 501(c)(3) tax-exempt entity, located in Philadelphia, Pennsylvania. Their primary mission is to support the charitable endeavors and activities of Montgomery Hospital. This includes providing financial assistance and resources to further the hospital's objectives, ultimately contributing to the betterment of the community's health and well-being. The Foundation's purpose is closely tied to the hospital, working in tandem to advance healthcare services and improve the lives of those in their locality.


Official website here: www.einstein.edu

Is Montgomery Health Foundation legitimate?

Montgomery Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montgomery Health Foundation 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.einstein.edu

What is the mission statement of Montgomery Health Foundation?

The Montgomery Health Foundation is committed to supporting the charitable purposes and tax-exempt activities of Montgomery Hospital, functioning as a related Internal Revenue Code Section 501(c)(3) tax-exempt organization. Their primary objective is to cover the expenses associated with these charitable pursuits and tax-exempt activities for Montgomery Hospital. The foundation's role is crucial in contributing to the hospital's mission, thereby enhancing the overall healthcare services offered to the community.


Official website here: www.einstein.edu

Who is the CEO of Montgomery Health Foundation?

Dixieanne James is the Principal Officer of Montgomery Health Foundation. The CEO's salary of Montgomery Health Foundation is $0 and their total compensation is $0.


Official website here: www.einstein.edu

What is the revenue of Montgomery Health Foundation?

Montgomery Health Foundation's revenue in 2022 was $1,415,215.


Official website here: www.einstein.edu

Who are the executives of Montgomery Health Foundation and what are their salaries?

There 2 volunteers at Montgomery Health Foundation.


Here are 6 key members and their salaries (Montgomery Health Foundation's CEO's salary is $0 and their total compensation is $0):


Penny J Rezet Esq (Secretary)
  • Compensation: $0
  • Related: $965,073
  • Other: $134,358
Barry R Freedman (Former Officer)
  • Compensation: $0
  • Related: $672,310
  • Other: $22,494
Lawrence S Reichlin (Chair - Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Berk Esq (Vice Chair - Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth D Levitan (Trustee - President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerard F Blaney (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.einstein.edu

Where can I find the form 990 for Montgomery Health Foundation?

Montgomery Health Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.einstein.edu

Learn more at the official website: www.einstein.edu

Mission Statement of Montgomery Health Foundation

Montgomery Health Foundation, as a charitable organization with tax-exempt status under Internal Revenue Code Section 501(C)(3), is dedicated to supporting the noble purposes and activities of Montgomery Hospital. Their mission is centered around funding and facilitating initiatives that align with the hospital's charitable objectives, thereby contributing to its tax-exempt operations. In essence, the foundation serves as a benefactor, channeling resources to advance the hospital's mission and enhance its capacity to deliver essential healthcare services.

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Impact




October, 2024

Montgomery Health Foundation plays a crucial role in enhancing the healthcare services and initiatives provided by Montgomery Hospital. By providing financial support for charitable purposes and tax-exempt activities associated with the hospital, the Foundation facilitates improved patient care, innovative medical research, and community health programs. This support ensures that Montgomery Hospital can focus on delivering high-quality healthcare to the Philadelphia community, while also advancing research efforts that contribute to medical advancements. The Foundation's impact is felt not only in the immediate healthcare environment but also in the broader community, where accessible medical services and pioneering research significantly enhance public health and well-being.




This information is meant to be a general summary of Montgomery Health Foundation. 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
$1,415,215 (2022)
Expenses
$5,606,611 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,415,215
  • Gross Receipts: $1,415,215

Assets and Liabilities:

  • Total Assets: $3,855,237
  • Total Liabilities: $24,088
  • Net Assets: $3,831,149

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Organization Details

Founding Year

1983

Principal Officer

Dixieanne James

Main Address

5501 OLD YORK ROAD, PHILADELPHIA, PA, 19141

NTEE Category

Code: H119 - Medical research

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