Overview
What is The Jackson County Schneck Memorial Hospital Foundation Inc?
The Jackson County Schneck Memorial Hospital Foundation Inc is a dedicated nonprofit organization located in Seymour, Indiana. Its primary mission is to support Schneck Medical Center by donating funds for various hospital improvements. Specifically, they have contributed $460,028 towards patient equipment, newspapers, and the overall expansion of the medical center. The foundation operates solely for the benefit of Schneck Medical Center, with its activities centered around enhancing the healthcare services provided by the center.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
The Jackson County Schneck Memorial Hospital Foundation Inc has received a commendable score of 94%, indicating strong performance in accountability and finance. This rating is based entirely on their financial management practices, showcasing the organization's commitment to transparency and responsible stewardship of funds.
The foundation boasts an impressive 84% of its board members being independent, ensuring a diverse and unbiased governance structure. Additionally, it scores full points in crucial areas such as its audit and oversight committee, conflict of interest policy, and the presence of a whistleblower policy, all reflecting a robust framework for accountability.
Financially, the foundation maintains a favorable liabilities to assets ratio of 0.67% and allocates a significant 86.10% of its expenses directly to programs, demonstrating a strong focus on mission-driven work. No material diversions of assets have been reported, further solidifying its reputation for ethical financial management.
This AI summary has been generated from information found on Charity Navigator.
Is The Jackson County Schneck Memorial Hospital Foundation Inc legitimate?
The Jackson County Schneck Memorial Hospital Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Jackson County Schneck Memorial 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: $38,778
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Jackson County Schneck Memorial Hospital Foundation Inc?
The Jackson County Schneck Memorial Hospital Foundation Inc operates with the sole purpose of benefiting Schneck Medical Center. Its mission is primarily focused on supporting the medical center in various ways. Recently, the foundation donated a substantial amount of $460,028 towards patient equipment, patient newspapers, and the overall expansion of the hospital. This support demonstrates the foundation's commitment to enhancing the medical center's capabilities and services for its patients. The foundation's activities are centered around bettering Schneck Medical Center, without providing direct patient care itself.
Who is the CEO of The Jackson County Schneck Memorial Hospital Foundation Inc?
Joseph Black is the Treasurer of The Jackson County Schneck Memorial Hospital Foundation Inc.
What is the revenue of The Jackson County Schneck Memorial Hospital Foundation Inc?
The Jackson County Schneck Memorial Hospital Foundation Inc's revenue in 2022 was $578,502.
Who are the executives of The Jackson County Schneck Memorial Hospital Foundation Inc and what are their salaries?
There 40 volunteers at The Jackson County Schneck Memorial Hospital Foundation Inc.
Here are 19 key members and their salaries:
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- Other: $40,230
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- Other: $30,786
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Where can I find the form 990 for The Jackson County Schneck Memorial Hospital Foundation Inc?
The Jackson County Schneck Memorial Hospital Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Jackson County Schneck Memorial Hospital Foundation Inc
The Jackson County Schneck Memorial Hospital Foundation Inc, as per its mission statement, exists solely to benefit Schneck Medical Center. This foundation operates with the primary goal of supporting the medical center in various ways, including the provision of funds for patient equipment, newspapers, and the overall expansion of the hospital. The foundation's contributions are instrumental in enhancing the medical center's capabilities and services, ultimately benefiting the patients it serves.
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Impact
July, 2024
The Jackson County Schneck Memorial Hospital Foundation Inc donated $460,028 to Schneck Medical Center to help with patient equipment, patient newspapers, and the overall hospital expansion. This contribution positively impacts the hospital's ability to enhance patient care and improve facilities, ultimately benefiting the community in Seymour, Indiana.
This information is meant to be a general summary of The Jackson County Schneck Memorial 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: $102,375
- Gross Receipts: $3,539,896
Assets and Liabilities:
- Total Assets: $3,681,696
- Total Liabilities: $25,000
- Net Assets: $3,656,696
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Organization Details
Founding Year
1952
Phone
(812) 523-4876Principal Officer
Joseph Black
Main Address
411 WEST TIPTON STREET, SEYMOUR, IN, 47274
NTEE Category
Code: E31 - Health
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