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St Luke's Cornwall Health System 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: 223026263 ✦ Newburgh, NY ✦ Designated as a 501(c)(3)

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Overview

What is St Luke's Cornwall Health System Foundation Inc?

St. Luke's Cornwall Health System Foundation Inc is a nonprofit organization situated in Newburgh, New York. Its primary mission is to financially support healthcare initiatives at St. Luke's Cornwall Hospital, benefiting the residents of the Mid-Hudson Valley. The foundation achieves this by engaging in development activities, such as investments to address the hospital's capital needs and fund innovative, effective programs that enhance community residents' access to quality healthcare services and information. Additionally, the foundation provides advocacy to ensure the availability of high-quality medical care. With a team of four dedicated individuals, St. Luke's Cornwall Health System Foundation Inc is committed to enhancing healthcare services and information in the Mid-Hudson Valley.


Official website here: www.montefioreslc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90% (Four-Star out of Four Stars)

St Luke's Cornwall Health System Foundation Inc has received a Four-Star rating from Charity Navigator, indicating strong performance in accountability and finance. This high score reflects the organization's commitment to transparency and responsible financial management, which is crucial for donor confidence and support. The overall score is derived entirely from its accountability and finance metrics, showcasing a focused approach to governance.

One of the notable strengths of the foundation is its fully independent board, consisting of 14 members, which enhances its oversight capabilities and decision-making processes. The foundation has scored exceptionally well in multiple categories, including having no reported material diversion of assets and a robust liabilities to assets ratio of just 6.53%. Its policies regarding conflict of interest, whistleblower protections, and document retention are all in order, contributing to its strong governance framework.

While the foundation excels in financial accountability, potential donors may want to consider its programmatic impact and effectiveness, as these areas are not captured in the current rating. Nonetheless, the foundation appears to be well-managed and committed to ethical practices, making it a reliable choice for those looking to support health initiatives in the community.


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

Is St Luke's Cornwall Health System Foundation Inc legitimate?

St Luke's Cornwall Health System Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Luke's Cornwall Health System 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: $40,347

For more financial information, click here


Official website here: www.montefioreslc.org

What is the mission statement of St Luke's Cornwall Health System Foundation Inc?

St. Luke's Cornwall Health System Foundation Inc's mission is centered around financially supporting healthcare initiatives that benefit the residents of the Mid-Hudson Valley. The foundation accomplishes this by engaging in development activities, such as investments to meet the capital needs of St. Luke's Cornwall Hospital and innovative, effective programs that enhance the community's access to high-quality healthcare services and information. Moreover, the foundation provides advocacy to ensure the availability of top-notch medical care. By doing so, it aims to improve the overall healthcare landscape and support the well-being of the community.


Official website here: www.montefioreslc.org

Who is the CEO of St Luke's Cornwall Health System Foundation Inc?

Daniel J Maughan is the Principal Officer of St Luke's Cornwall Health System Foundation Inc. The CEO's salary of St Luke's Cornwall Health System Foundation Inc is $0 and their total compensation is $693,179.


Official website here: www.montefioreslc.org

What is the revenue of St Luke's Cornwall Health System Foundation Inc?

St Luke's Cornwall Health System Foundation Inc's revenue in 2022 was $2,881,648.


Official website here: www.montefioreslc.org

Who are the executives of St Luke's Cornwall Health System Foundation Inc and what are their salaries?

The average compensation at St Luke's Cornwall Health System Foundation Inc during 2022 was $10,087. There are 4 employees and 40 volunteers at St Luke's Cornwall Health System Foundation Inc.


Here are 21 key members and their salaries (St Luke's Cornwall Health System Foundation Inc's CEO's salary is $0 and their total compensation is $693,179):


Daniel Maughan Rn (President & Ceo)
  • Compensation: $0
  • Related: $677,381
  • Other: $15,798
Thomas J Gibney (Board Treasurer/Svp & Cfo)
  • Compensation: $0
  • Related: $534,255
  • Other: $52,545
Joan Cusack-Mcguirk (Former Officer)
  • Compensation: $0
  • Related: $341,271
  • Other: $0
Katherine M Dabroski (Executive Director)
  • Compensation: $0
  • Related: $232,358
  • Other: $50,294
Jill Cappa (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Degen Md (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Hatfield (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Pelella (Director (Resigned 12/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Manita Sawhney Do (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Frankel Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kirtio (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mehul P Patel Md (Director (Term 12/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan J Paunovic Dds (Director (Term 12/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jocelyn Calabretta-Canning (Director (Resigned 6/3/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen V Osterby (Director ( Resigned 1/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Stillman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Crinieri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna M Conklin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory T Debenedictus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph B Steffy Iv (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Dombroski (Director (As Of Sept 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.montefioreslc.org

Where can I find the form 990 for St Luke's Cornwall Health System Foundation Inc?

St Luke's Cornwall Health System Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.montefioreslc.org

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

Mission Statement of St Luke's Cornwall Health System Foundation Inc

St. Luke's Cornwall Health System Foundation Inc is dedicated to financially supporting healthcare initiatives at St. Luke's Cornwall Hospital, which serves the residents of the Mid-Hudson Valley. The mission of this foundation is multifaceted. It involves directing development activities, including investments to meet the capital needs of the hospital and fund innovative, effective programs that improve the community's access to quality healthcare services and information. Furthermore, the foundation provides advocacy to ensure the availability of high-quality medical care. This advocacy work often involves lobbying for policies that support healthcare access and quality. In summary, St. Luke's Cornwall Health System Foundation Inc plays a crucial role in strengthening the healthcare infrastructure and services in its community, with a focus on improving access to quality care for all residents.

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Impact




October, 2024

St. Luke's Cornwall Health System Foundation Inc plays a vital role in enhancing healthcare services for the residents of the Mid-Hudson Valley. By providing crucial financial support, the Foundation enables the development and sustainability of healthcare initiatives at St. Luke's Cornwall Hospital, ensuring that the community has access to high-quality medical care.

The Foundation is actively involved in addressing the hospital's capital needs, which helps to fund innovative programs and services that directly benefit the local population. Additionally, it advocates for the availability of quality healthcare, ensuring that community members can access essential health services and information. Through its efforts, the Foundation not only improves healthcare infrastructure but also strengthens the overall health and wellbeing of the Mid-Hudson Valley community.




This information is meant to be a general summary of St Luke's Cornwall Health System 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
$2,881,648 (2022)
Expenses
$642,567 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $72
  • Gross Receipts: $3,061,070

Assets and Liabilities:

  • Total Assets: $4,564,028
  • Total Liabilities: $298,417
  • Net Assets: $4,265,611

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Organization Details

Founding Year

1988

Principal Officer

Daniel J Maughan

Main Address

70 DUBOIS STREET, NEWBURGH, NY, 125504851

NTEE Category

Code: T30 - Philanthropy

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