Overview
What is Madonna Foundation?
The Madonna Foundation, situated in Lincoln, Nebraska, serves as a platform for generous donors to invest in remarkable rehabilitation services. As a nonprofit organization, its primary mission is to support Madonna Rehabilitation Hospital, a Catholic institution dedicated to providing medical and physical rehabilitation to both children and adults. This hospital specializes in rehabilitating individuals who have suffered injuries or disabling conditions, enabling them to fully participate in life. In addition to direct support, the Madonna Foundation also conducts research to enhance outcomes and prevent physical disabilities. Furthermore, they promote wellness within the community through various programs. The foundation's activities and mission revolve around investing in the extraordinary rehabilitation efforts of Madonna Rehabilitation Hospital. With a workforce of 12 dedicated individuals, the Madonna Foundation is committed to making a significant impact in the lives of those in need of rehabilitation.
Official website here: www.madonna.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 93% (Four-Star out of Four Star rating).
The Madonna Foundation has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored 93% in Accountability & Finance, reflecting strong governance practices, including an independent board comprised of 93% independent members and rigorous financial oversight through an audit and oversight committee.
Strengths highlighted include excellent management of resources, with a Program Expense Ratio of 81.94%, which indicates a significant portion of expenses directly supports its mission. Additionally, the foundation maintains a low liabilities to assets ratio of 16.79%, showcasing financial stability and sustainable operations. The organization also adheres to important governance policies, including conflict of interest and whistleblower policies.
However, while the fundraising efficiency ratio is noted at $0.29, there is room for improvement in this area. This indicates that for every dollar raised, a relatively higher amount is spent on fundraising activities compared to peers, which may impact the overall financial efficiency of the organization. Overall, the Madonna Foundation demonstrates strong governance and effective use of funds, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Madonna Foundation legitimate?
Madonna Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madonna 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: $243,074
Professional Fundraising Fees: $0
Other Salaries and Wages: $612,259
For more financial information, click here
Official website here: www.madonna.org
What is the mission statement of Madonna Foundation?
The Madonna Foundation's mission is to facilitate generous donors in investing in exceptional rehabilitation services. Specifically, it supports Madonna Rehabilitation Hospital, a Catholic organization that provides medical and physical rehabilitation to children and adults nationwide. The hospital aims to help individuals who have sustained injuries or disabling conditions regain their ability to fully participate in life. Additionally, the organization conducts research to improve rehabilitation outcomes and prevent physical disabilities. Furthermore, Madonna Foundation promotes wellness through community programs.
Official website here: www.madonna.org
Who is the CEO of Madonna Foundation?
Michael Hedderman is the President & Ceo of Madonna Foundation. The CEO's salary of Madonna Foundation is $0 and their total compensation is $713,573.
Official website here: www.madonna.org
What is the revenue of Madonna Foundation?
Madonna Foundation's revenue in 2022 was $5,106,507.
Official website here: www.madonna.org
Who are the executives of Madonna Foundation and what are their salaries?
The average compensation at Madonna Foundation during 2022 was $71,278. There are 12 employees and 175 volunteers at Madonna Foundation.
Here are 20 key members and their salaries (Madonna Foundation's CEO's salary is $0 and their total compensation is $713,573):
- Compensation: $0
- Related: $675,289
- Other: $38,284
- Compensation: $217,004
- Related: $0
- Other: $26,070
- Compensation: $116,546
- Related: $0
- Other: $3,663
- Compensation: $113,139
- Related: $0
- Other: $2,444
- Compensation: $100,791
- Related: $0
- Other: $7,726
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.madonna.org
Where can I find the form 990 for Madonna Foundation?
Madonna Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.madonna.org
Learn more at the official website: www.madonna.org
Mission Statement of Madonna Foundation
The Madonna Foundation, a renowned organization, facilitates generous donors in investing in extraordinary rehabilitation. At its core, the foundation's mission is to support Madonna Rehabilitation Hospital, a Catholic institution that provides medical and physical rehabilitation services for children and adults nationwide. This hospital specializes in rehabilitating individuals who have sustained injuries or disabling conditions, enabling them to fully participate in life.
Beyond just rehabilitation, the Madonna Foundation also leads research initiatives to enhance outcomes and prevent physical disabilities. By conducting extensive studies, the organization strives to improve the quality of life for those undergoing rehabilitation. Furthermore, the Madonna Foundation promotes wellness through community programs, extending its reach beyond the hospital walls to positively impact a wider audience.
In essence, the Madonna Foundation serves as a bridge between generous donors and those in need of rehabilitation services. Through its support of Madonna Rehabilitation Hospital, research initiatives, and community programs, the foundation aims to improve the lives of individuals with disabling conditions, enabling them to fully participate in life.
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Impact
October, 2024
The Madonna Foundation plays a significant role in facilitating access to exceptional rehabilitation services. It supports Madonna Rehabilitation Hospital, which provides comprehensive medical and physical rehabilitation to children and adults facing injuries or disabling conditions. Through its efforts, the foundation helps ensure individuals receive the necessary care to regain their independence and fully participate in life.
By leading innovative research aimed at improving outcomes and preventing physical disabilities, the Madonna Foundation contributes to the advancement of rehabilitation practices. Additionally, it promotes wellness through community programs that enhance the quality of life for those it serves. Ultimately, the foundation fosters a network of support that empowers both patients and their families on their journey toward recovery.
This information is meant to be a general summary of Madonna 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: $590,897
- Program Service Revenue: $115,990
- Gross Receipts: $5,808,090
Assets and Liabilities:
- Total Assets: $20,279,859
- Total Liabilities: $2,663,256
- Net Assets: $17,616,603
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER REVENUE
Revenue
$115,990
Organization Details
Founding Year
1972
Phone
(402) 413-4777Principal Officer
Michael Hedderman
Main Address
5401 S ST, LINCOLN, NE, 685062134
Website
www.madonna.orgNTEE Category
Code: T50Z - Philanthropy
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