Overview
What is Greene County Medical Center Foundation?
Greene County Medical Center Foundation is a charitable organization dedicated to supporting the mission of Greene County Medical Center. Based in Jefferson, Iowa, the foundation raises funds exclusively for health-related purposes within the community. These contributions are utilized to enhance the medical center's capacity, ensuring it provides top-notch, compassionate care for every patient. Additionally, the foundation operates Ever Greene Ridge, an independent living community for seniors aged 55 and above, offering them a home without maintenance responsibilities while ensuring convenient access to medical care at Greene County Medical Center. In essence, the foundation's mission is to improve community health and well-being through financial support and services.
Official website here: www.gcmchealth.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars)
The Greene County Medical Center Foundation has received a Two-Star rating from Charity Navigator, reflecting an overall score of 73%. This rating indicates that while the organization has strengths, particularly in its governance and transparency practices, there are significant areas for improvement, specifically in its financial management and accountability.
The foundation excels in having a fully independent board and has scored well in various governance metrics, such as the completeness of financial audits and policies regarding conflicts of interest. However, the absence of a whistleblower policy and a document retention policy raises concerns about its internal controls and accountability practices. Additionally, the foundation's liabilities exceed its assets, which is a notable financial risk.
Despite these concerns, the foundation demonstrates a strong commitment to its programs, with an impressive program expense ratio of 86.70%. This suggests that the majority of its funds are directed towards its mission-driven activities. Overall, while the organization has a solid foundation in governance, it must address its financial sustainability and internal policies to enhance its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Greene County Medical Center Foundation legitimate?
Greene County Medical Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greene County Medical Center 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: $103,551
For more financial information, click here
Official website here: www.gcmchealth.com
What is the mission statement of Greene County Medical Center Foundation?
The Greene County Medical Center Foundation's mission is centered around obtaining donations and gifts to enhance the health and well-being of their community. They accomplish this by soliciting contributions from individuals, institutions, and organizations. The funds collected by the foundation are exclusively utilized for charitable, educational, or scientific purposes related to healthcare at the Greene County Medical Center. The foundation also supports an independent living community, Ever Greene Ridge, for seniors aged 55 and above, providing them with a home without the burden of maintenance or repairs, while ensuring nearby medical care is available. The foundation also participates in a Capital Campaign to expand and renovate the Greene County Medical Center.
Official website here: www.gcmchealth.com
Who is the CEO of Greene County Medical Center Foundation?
Dave Pedersen is the President of Greene County Medical Center Foundation.
Official website here: www.gcmchealth.com
What is the revenue of Greene County Medical Center Foundation?
Greene County Medical Center Foundation's revenue in 2022 was $658,957.
Official website here: www.gcmchealth.com
Who are the executives of Greene County Medical Center Foundation and what are their salaries?
There 6 volunteers at Greene County Medical Center Foundation.
Here are 8 key members and their salaries:
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- Compensation: $79,806
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- Other: $42,935
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- Other: $0
Official website here: www.gcmchealth.com
Where can I find the form 990 for Greene County Medical Center Foundation?
Greene County Medical Center Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gcmchealth.com
Learn more at the official website: www.gcmchealth.com
Mission Statement of Greene County Medical Center Foundation
Greene County Medical Center Foundation is a dedicated organization with a mission to procure contributions and gifts from various individuals, institutions, and organizations. The primary aim of these contributions is to enhance the health and well-being of the community. By channeling these resources, the Foundation supports the mission of Greene County Medical Center, a community-focused healthcare provider committed to delivering high-quality, compassionate care to every patient. The Foundation's contributions are exclusively utilized for charitable, scientific, or educational purposes that directly benefit health care services at Greene County Medical Center.
In addition to this, Greene County Medical Center Foundation is also involved in raising funds through its Capital Campaign. The objective of this campaign is to expand and renovate Greene County Medical Center, ensuring the facility remains equipped to meet the evolving healthcare needs of the community. Furthermore, the Foundation manages Ever Greene Ridge, an independent living community designed for seniors aged 55 and above. This initiative addresses a community need, offering seniors the comfort of owning their homes without the burden of maintenance or repairs, while ensuring nearby medical care is readily available at Greene County Medical Center.
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Impact
July, 2024
The Greene County Medical Center Foundation's impact is deeply rooted in enhancing the health and well-being of our community. By soliciting and receiving contributions, the Foundation fuels initiatives that support Greene County Medical Center's mission of providing quality, compassionate care to every patient. Through its fundraising efforts, the Foundation has been able to raise funds for the expansion and renovation of Greene County Medical Center, ensuring that the community has access to modern and efficient healthcare facilities.
Additionally, through the operation of Ever Greene Ridge, an independent living community for individuals aged 55 and older, the Foundation addresses the need for senior living options that offer a sense of home without the burden of maintenance. Residents of Ever Greene Ridge have easy access to medical care at Greene County Medical Center, promoting overall well-being and quality of life for the elderly population in the community.
By focusing on charitable, scientific, and educational purposes related to healthcare, the Greene County Medical Center Foundation plays a crucial role in improving the health outcomes and quality of life for individuals in Jefferson, Iowa, and the surrounding areas.
This information is meant to be a general summary of Greene County Medical Center 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: $65,455
- Program Service Revenue: $512,988
- Gross Receipts: $662,609
Assets and Liabilities:
- Total Assets: $1,093,093
- Total Liabilities: $1,467,225
- Net Assets: -$374,132
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Independent Living
Revenue
$392,351
EGR-Amortization of Ad
Revenue
$96,885
Property tax reimburse
Revenue
$22,740
Organization Details
Founding Year
1972
Phone
(515) 386-2114Principal Officer
Dave Pedersen
Main Address
1000 W Lincoln Way, Jefferson, IA, 50129
Website
www.gcmchealth.comNTEE Category
Code: E22 - Health
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