Griffin Hospital Development Fund Inc

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

EIN: 222560254 ✦ Derby, CT ✦ Designated as a 501(c)(3)

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Overview

What is Griffin Hospital Development Fund Inc?

Griffin Hospital Development Fund Inc is a nonprofit organization situated in Derby, Connecticut, with the mission of supporting Griffin Hospital. This support is primarily aimed at maintaining the hospital's reputation as a beacon of medical excellence in humanistic healthcare. The nonprofit provides various giving opportunities for organizations and community members, allowing them to contribute in a meaningful way and align with their values. Through donor programs, special events, publications, and personal visits, Griffin Hospital Development Fund Inc fosters positive relationships to build goodwill within the community. The fund's primary objective is to assist Griffin Hospital in delivering top-notch medical and hospital care, medical education, and research.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92%

Griffin Hospital Development Fund Inc holds a strong Four-Star out of Four Star rating from Charity Navigator, reflecting its commitment to accountability and financial transparency. The charity's impressive score is derived from a comprehensive evaluation of its financial practices, with a notable 92% in the Accountability & Finance category for FY2022. This rating highlights the organization's responsible management of funds and adherence to best practices in governance.

The organization demonstrates a solid structure with an independent board, comprising 85% independent members, which enhances the integrity of its decision-making processes. Griffin Hospital Development Fund Inc also has robust policies in place, including conflict of interest and whistleblower protections, ensuring that ethical standards are upheld. Financially, the charity maintains an outstanding program expense ratio of 93.54%, indicating that a significant portion of its funds is directed towards its mission-related activities.

While the ratings are highly favorable, it is important for potential donors and stakeholders to remain informed about the ongoing operations and community impact of the organization. With no reported material diversion of assets and excellent fundraising efficiency, Griffin Hospital Development Fund Inc presents itself as a trustworthy option for those looking to support healthcare initiatives.


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

Is Griffin Hospital Development Fund Inc legitimate?

Griffin Hospital Development Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Griffin Hospital Development Fund 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: $172,172
Professional Fundraising Fees: $0
Other Salaries and Wages: $207,595

For more financial information, click here

What is the mission statement of Griffin Hospital Development Fund Inc?

The Griffin Hospital Development Fund Inc's mission is centered around assisting Griffin Hospital in offering top-notch medical and hospital care, medical education, and medical research to the community. The primary objective of the fund is to aid Griffin Hospital in upholding its reputation as a leading institution in humanistic healthcare. By attracting support and raising funds, the fund provides organizations and community members with opportunities to contribute, finding meaning in their experiences and values. The fund also fosters positive relationships through various donor programs, giving opportunities, special events, donor publications, and personal visits, creating goodwill within the community.

Who is the CEO of Griffin Hospital Development Fund Inc?

Patrick A Charmel is the Secretary/Treasurer of Griffin Hospital Development Fund Inc.

What is the revenue of Griffin Hospital Development Fund Inc?

Griffin Hospital Development Fund Inc's revenue in 2022 was $2,383,261.

Who are the executives of Griffin Hospital Development Fund Inc and what are their salaries?

There 6 volunteers at Griffin Hospital Development Fund Inc.


Here are 8 key members and their salaries:


Patrick A Charmel (Secretary/Treasurer)
  • Compensation: $0
  • Related: $728,998
  • Other: $35,855
Maureen Coffey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Dinardo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward J Mccreery Iii Esq (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Mis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frederick Stanek Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John W Betkoski Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Hall (Executive Director)
  • Compensation: $0
  • Related: $119,447
  • Other: $14,373
Where can I find the form 990 for Griffin Hospital Development Fund Inc?

Griffin Hospital Development Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Griffin Hospital Development Fund Inc

The Griffin Hospital Development Fund Inc is committed to assisting Griffin Hospital in delivering top-notch medical and hospital care, medical education, and medical research to the community. Their mission is to support Griffin Hospital in upholding its reputation as a center of excellence in humanistic healthcare. They achieve this by attracting support and raising funds, offering organizations and community members opportunities to give back in a meaningful way. By fostering positive relationships through donor programs, giving opportunities, special events, donor publications, and personal visits, Griffin Hospital Development Fund Inc creates goodwill and strengthens its ties with the community.

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Impact




October, 2024

Griffin Hospital Development Fund Inc plays a crucial role in enhancing the provision of medical and hospital care at Griffin Hospital. By attracting support and raising funds, it ensures that the hospital can maintain its reputation as a center of medical excellence, rooted in humanistic healthcare principles. The Fund creates meaningful opportunities for community members and organizations to contribute, aligning their philanthropic values with the vital healthcare services provided by Griffin Hospital.

The development initiatives foster positive relationships and goodwill through various donor programs, special events, and publications, ultimately elevating the level of care available to the community. Additionally, the Fund supports medical education and research, further enriching the healthcare landscape in Derby, CT, and beyond. Through its efforts, Griffin Hospital Development Fund Inc significantly impacts the quality, accessibility, and innovation in healthcare for the local population.




This information is meant to be a general summary of Griffin Hospital Development Fund 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
$2,383,261 (2022)
Expenses
$2,507,032 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $747,991
  • Gross Receipts: $9,913,582

Assets and Liabilities:

  • Total Assets: $9,011,801
  • Total Liabilities: $146,405
  • Net Assets: $8,865,396

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Organization Details

Founding Year

1984

Principal Officer

Patrick A Charmel

Main Address

130 DIVISION STREET, DERBY, CT, 06418

NTEE Category

Code: E21 - Health

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