Overview
What is St Mary's Hospital Foundation Inc?
St. Mary's Hospital Foundation Inc, established in 1984, is a charitable organization based in Hartford, Connecticut, specifically at 114 Woodland Street MS-510358. Its primary aim is to support St. Mary's Hospital and expand the services it offers to the local community. With the community's generosity and commitment, the foundation has successfully renovated and expanded facilities, developed crucial outreach and clinical programs, acquired advanced equipment, and attracted skilled medical professionals to the Greater Waterbury area. Some of its significant achievements include establishing a Women and Infant's Center and Clinical Laboratory, renovating the Emergency Department, and introducing the Davinci Robotic Surgical System. The foundation remains dedicated to providing high-quality care to every patient, as demonstrated by its recent initiative to establish a Breast Screening Fund for women in the Greater Waterbury area. St. Mary's Hospital Foundation is a part of Trinity Health of New England and Trinity Health, working together to serve communities in the spirit of the Gospel.
Official website here: www.stmhfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
St Mary's Hospital Foundation Inc has received a Four-Star out of Four Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. With an Accountability & Finance score of 96%, the foundation demonstrates effective management of resources, ensuring that the majority of its funds are directed towards its programs.
The organization boasts an impressive structure with 93% of its board members being independent, which supports unbiased decision-making. Additionally, it has robust financial oversight with an audit and oversight committee in place and no reported material diversion of assets. This level of transparency indicates a high standard of governance.
While the foundation excels in financial management, the data does not provide insights into its programmatic effectiveness or community impact. However, the solid program expense ratio of 87.66% suggests that a significant portion of its budget is allocated to direct services, which is a positive indicator of its operational focus.
This AI summary has been generated from information found on Charity Navigator.
Is St Mary's Hospital Foundation Inc legitimate?
St Mary's Hospital Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Mary'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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.stmhfoundation.org
What is the mission statement of St Mary's Hospital Foundation Inc?
St. Mary's Hospital Foundation Inc's primary mission is to support the programs of St. Mary's Hospital. The foundation, being a part of Trinity Health of New England and Trinity Health, operates in accordance with their shared commitment to serve communities with compassion and transformative healing. Established in 1984, the foundation has raised funds to enhance facilities, launch outreach and clinical programs, procure advanced equipment, and attract skilled medical professionals. Some of its notable achievements include the creation of a Women and Infant's Center, renovating the Emergency Department, and introducing the Da Vinci robotic surgical system. The foundation is also dedicated to providing high-quality care to every patient, as evidenced by various programs. Most recently, it set up a Breast Screening Fund to offer preventative and diagnostic services to women in the surrounding area who might otherwise lack such care.
Official website here: www.stmhfoundation.org
Who is the CEO of St Mary's Hospital Foundation Inc?
Kimberly Kalajainen is the Smh Chief Admin Officer As Of 4/22 of St Mary's Hospital Foundation Inc. The CEO's salary of St Mary's Hospital Foundation Inc is $0 and their total compensation is $724,077.
Official website here: www.stmhfoundation.org
What is the revenue of St Mary's Hospital Foundation Inc?
St Mary's Hospital Foundation Inc's revenue in 2022 was $1,066,734.
Official website here: www.stmhfoundation.org
Who are the executives of St Mary's Hospital Foundation Inc and what are their salaries?
There 15 volunteers at St Mary's Hospital Foundation Inc.
Here are 22 key members and their salaries (St Mary's Hospital Foundation Inc's CEO's salary is $0 and their total compensation is $724,077):
- Compensation: $0
- Related: $653,714
- Other: $70,363
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- Related: $314,174
- Other: $52,649
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- Related: $304,316
- Other: $47,871
- Compensation: $0
- Related: $251,518
- Other: $10,090
- Compensation: $0
- Related: $132,468
- Other: $33,392
- Compensation: $0
- Related: $123,793
- Other: $23,922
- Compensation: $0
- Related: $30,580
- Other: $0
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Official website here: www.stmhfoundation.org
Where can I find the form 990 for St Mary's Hospital Foundation Inc?
St Mary's Hospital Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stmhfoundation.org
Learn more at the official website: www.stmhfoundation.org
Mission Statement of St Mary's Hospital Foundation Inc
St. Mary's Hospital Foundation Inc, a member of Trinity Health of New England and Trinity Health, is dedicated to supporting the programs of St. Mary's Hospital. Its mission is rooted in the spirit of the Gospel and aims to serve as a compassionate and transforming healing presence within its communities. The foundation was established in 1984 with the commitment and generosity of the Greater Waterbury community. Over the years, it has raised funds to renovate and expand facilities, develop crucial outreach and clinical programs, acquire state-of-the-art equipment and technology, and attract a skilled medical staff.
One of St. Mary's Hospital Foundation Inc's significant achievements includes the creation of the New Women and Infant's Center and Clinical Laboratory, the renovation of the Emergency Department, and the introduction of the Davinci Robotic Surgical System to the area, providing patients with access to minimally invasive surgical procedures. Beyond expanding its facilities and services, the foundation remains committed to providing high-quality care to every patient through various programs. Most recently, St. Mary's Hospital Foundation Inc established the Breast Screening Fund to provide services to women in the Greater Waterbury area who otherwise would not have access to preventative or diagnostic care.
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Impact
October, 2024
St. Mary's Hospital Foundation Inc plays a pivotal role in enhancing the healthcare services and facilities available to the Greater Waterbury community. Established in 1984, the foundation has successfully raised funds to initiate significant renovations and expansions, including the creation of the new Women and Infant's Center and Clinical Laboratory, as well as improvements to the Emergency Department. These upgrades allow for more timely and efficient patient care.
One of the foundation's notable achievements is the introduction of state-of-the-art technology, such as the Da Vinci Robotic Surgical System, which offers patients access to minimally invasive surgical procedures, improving recovery times and reducing hospital stays. The foundation is deeply committed to outreach programs that address critical health needs in the community, exemplified by the establishment of the Breast Screening Fund. This initiative ensures that women in the Greater Waterbury area have access to essential preventative and diagnostic care.
Through these concerted efforts, St. Mary’s Hospital Foundation not only enhances the hospital’s capabilities but also reinforces its dedication to providing the highest quality of care to every patient, every day. By leveraging community support, the foundation continues to make a significant and lasting impact on local health service accessibility and quality.
This information is meant to be a general summary of St Mary'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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $271,658
- Gross Receipts: $1,066,734
Assets and Liabilities:
- Total Assets: $6,194,978
- Total Liabilities: $978,210
- Net Assets: $5,216,768
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Organization Details
Founding Year
1984
Phone
(203) 709-6390Principal Officer
Kimberly Kalajainen
Main Address
114 WOODLAND STREET MS-510358, HARTFORD, CT, 06105
Website
www.stmhfoundation.orgNTEE Category
Code: T30 - Philanthropy
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