Overview
What is Salem Health Foundation?
The Salem Health Foundation is a nonprofit organization situated in Salem, Oregon, specifically at 890 Oak Street, 97301. Their primary role is to collect, manage, and distribute funds to support Salem Health's mission of enhancing the health and well-being of their community. They contribute to this mission by organizing vaccination/immunization clinics, translating necessary materials for the community's benefit, and offering grants for specific purposes, such as patient assistance at Oregon Oncology and various initiatives at Salem Hospital. In addition, the Salem Health Foundation aids in initiatives that improve community health and well-being.
Official website here: www.salemhealth.org/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Salem Health Foundation has achieved an impressive Four-Star rating from Charity Navigator, highlighting its strong performance in accountability and finance. The charity's overall score reflects a high level of transparency and sound financial practices, which are essential for donor confidence. With a perfect score in several areas, including an independent board and robust audit practices, the organization demonstrates its commitment to ethical governance.
One of the foundation's notable strengths is its program expense ratio of 84.29%, indicating that a significant portion of its funds directly supports its programs rather than administrative costs. Additionally, it has a favorable liabilities to assets ratio of only 2.47%, suggesting financial stability. The organization also excels in fundraising efficiency, showcasing a low cost of fundraising relative to the amount raised.
However, while the foundation's financial metrics are generally strong, its fundraising efficiency score appears to be on the lower end, which may warrant further investigation into its fundraising strategies. Overall, the Salem Health Foundation is well-positioned in terms of governance and financial management, reflecting positively on its operations and mission.
This AI summary has been generated from information found on Charity Navigator.
Is Salem Health Foundation legitimate?
Salem Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salem 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.salemhealth.org/foundation
What is the mission statement of Salem Health Foundation?
The Salem Health Foundation is committed to raising, managing, and distributing funds to aid Salem Health in achieving its mission. This mission revolves around improving the health and well-being of the community it serves. Specific funds have been established for initiatives such as vaccination/immunization clinics and translating related materials for the community. Additionally, the foundation awards grants for specific uses, including patient assistance at Oregon Oncology, and various initiatives at Salem Hospital.
Official website here: www.salemhealth.org/foundation
Who is the CEO of Salem Health Foundation?
James Parr is the Chair of Salem Health Foundation. The CEO's salary of Salem Health Foundation is $0 and their total compensation is $1,527,117.
Official website here: www.salemhealth.org/foundation
What is the revenue of Salem Health Foundation?
Salem Health Foundation's revenue in 2022 was $3,047,767.
Official website here: www.salemhealth.org/foundation
Who are the executives of Salem Health Foundation and what are their salaries?
There 15 volunteers at Salem Health Foundation.
Here are 16 key members and their salaries (Salem Health Foundation's CEO's salary is $0 and their total compensation is $1,527,117):
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- Related: $1,489,354
- Other: $37,763
- Compensation: $0
- Related: $968,668
- Other: $93,184
- Compensation: $0
- Related: $410,630
- Other: $53,027
Official website here: www.salemhealth.org/foundation
Where can I find the form 990 for Salem Health Foundation?
Salem Health Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.salemhealth.org/foundation
Learn more at the official website: www.salemhealth.org/foundation
Mission Statement of Salem Health Foundation
The Salem Health Foundation, a dedicated entity, is committed to raising, managing, and distributing funds with the aim of aiding Salem Health in achieving its mission. This mission revolves around improving the health and well-being of the people and community served by Salem Health. The foundation has established certain funds for specific purposes, such as providing financial support for vaccination/immunization clinics and translating related materials for the community. Furthermore, the foundation awards grants for specific uses, including patient assistance at Oregon Oncology and various initiatives at Salem Hospital. In essence, the Salem Health Foundation serves as a crucial financial backbone, enabling Salem Health to fulfill its mission and improve the overall health and well-being of its community.
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Impact
October, 2024
Salem Health Foundation plays a crucial role in enhancing the health and well-being of the Salem community. By raising, managing, and distributing funds, the foundation supports various health initiatives that directly benefit local residents. Notably, it funds vaccination and immunization clinics, ensuring access to essential health services while also translating informational materials for diverse community members.
In addition to these vital programs, the foundation awards grants aimed at specific healthcare needs, such as patient assistance through Oregon Oncology. By facilitating these resources, Salem Health Foundation not only improves healthcare access but also contributes to a healthier community through targeted initiatives that address critical health challenges faced by residents.
This information is meant to be a general summary of Salem 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,016,745
- Gross Receipts: $3,081,532
Assets and Liabilities:
- Total Assets: $10,900,708
- Total Liabilities: $160,181
- Net Assets: $10,740,527
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Organization Details
Founding Year
1968
Phone
(503) 814-1938Principal Officer
James Parr
Main Address
890 OAK STREET, SALEM, OR, 97301
NTEE Category
Code: E120 - Health
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