Overview
What is St Joseph Foundation Of Kokomo Indiana Inc?
Since its inception in 1913, St. Joseph Foundation of Kokomo Indiana Inc has been dedicated to serving the community, with a particular focus on the vulnerable and impoverished. As a separately incorporated not-for-profit organization, its main purpose is to support St. Vincent Kokomo, a hospital, by raising and managing charitable funds. These funds are utilized for various projects such as new equipment, facilities, continuing medical education, and direct patient care for individuals who cannot afford it. The foundation's mission aligns with the Ascension Catholic health ministry, which aims to provide compassionate care to patients and communities while supporting caregivers during challenging times, as demonstrated during the COVID-19 pandemic. The foundation's activities are geared towards improving the health and well-being of the communities served by St. Vincent Kokomo.
Official website here: www.stvincent.org/how-to-give
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
St Joseph Foundation Of Kokomo Indiana Inc has earned an 80% rating, signifying a Three-Star designation, primarily based on its accountability and financial transparency. The organization boasts a strong independent board with 89% independent members and effectively adheres to a range of accountability policies, such as conflict of interest and whistleblower policies.
The foundation's financial oversight is commendable, evidenced by a well-structured audit and oversight committee. Additionally, it maintains a favorable liabilities to assets ratio of just 0.10%, indicating sound financial health. However, its program expense ratio is reported at 57%, suggesting that there may be room for improvement in directing a higher percentage of its funds towards direct program activities.
Overall, while the foundation demonstrates strong governance and fiscal responsibility, the relatively lower program expense ratio points to a potential area for growth in enhancing its direct impact on the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is St Joseph Foundation Of Kokomo Indiana Inc legitimate?
St Joseph Foundation Of Kokomo Indiana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Joseph Foundation Of Kokomo Indiana 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.stvincent.org/how-to-give
What is the mission statement of St Joseph Foundation Of Kokomo Indiana Inc?
The St. Joseph Foundation of an unspecified location supports the charitable programs of a healthcare facility, aiming to enhance the health and well-being of all individuals in the served communities. This foundation is rooted in the compassionate and healing ministry of Jesus, committing itself to serving the poor and vulnerable. It prioritizes holistic care that integrates spiritual, emotional, and physical health, with a focus on sustaining and improving the health of individuals and communities. The foundation also advocates for a just and compassionate society through its actions and words.
Official website here: www.stvincent.org/how-to-give
Who is the CEO of St Joseph Foundation Of Kokomo Indiana Inc?
Unavailable
Official website here: www.stvincent.org/how-to-give
What is the revenue of St Joseph Foundation Of Kokomo Indiana Inc?
St Joseph Foundation Of Kokomo Indiana Inc's revenue in 2022 was $1,146,673.
Official website here: www.stvincent.org/how-to-give
Who are the executives of St Joseph Foundation Of Kokomo Indiana Inc and what are their salaries?
There 19 volunteers at St Joseph Foundation Of Kokomo Indiana Inc.
Here are 24 key members and their salaries:
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- Related: $376,281
- Other: $31,304
Official website here: www.stvincent.org/how-to-give
Where can I find the form 990 for St Joseph Foundation Of Kokomo Indiana Inc?
St Joseph Foundation Of Kokomo Indiana Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stvincent.org/how-to-give
Learn more at the official website: www.stvincent.org/how-to-give
Mission Statement of St Joseph Foundation Of Kokomo Indiana Inc
St. Joseph Foundation of Kokomo Indiana Inc is dedicated to supporting the charitable programs of St. Joseph Hospital and Health Center, Inc. Their mission, drawing inspiration from Jesus as a healer, is centered around serving all individuals, with a particular focus on the poor and vulnerable. This Catholic health ministry aspires to provide holistic care, integrating spiritual, physical, and emotional well-being, with the goal of improving the health and well-being of communities. Furthermore, St. Joseph Foundation advocates for a compassionate and just society, striving to make a difference through their actions and words.
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Impact
October, 2024
St. Joseph Foundation of Kokomo, Indiana significantly enhances community health and well-being through its dedicated support of St. Joseph Hospital and Health Center. Since its inception in 1913, the foundation has focused on ensuring that every individual in the community, especially the underserved and vulnerable populations, has access to quality healthcare.
By actively seeking and managing charitable contributions, the foundation enables the hospital to invest in essential resources, such as advanced medical equipment and enhanced facilities, which directly improve patient care. Additionally, it funds continuing medical education for healthcare professionals, ensuring that caregivers remain knowledgeable and skilled in their practice. This investment is crucial for adapting to an ever-evolving healthcare landscape.
During critical times, such as the challenges posed by the COVID-19 pandemic, the foundation has played an instrumental role in supporting both healthcare providers and the community at large. Its mission is deeply rooted in compassionate and holistic care, emphasizing the importance of both physical health and the emotional and spiritual well-being of patients.
Through its initiatives, the foundation advocates for a compassionate society and strives to create a healthier community, making a substantial and positive impact on the lives of those it serves.
This information is meant to be a general summary of St Joseph Foundation Of Kokomo Indiana 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: $760,464
- Gross Receipts: $3,285,398
Assets and Liabilities:
- Total Assets: $10,594,176
- Total Liabilities: $118,384
- Net Assets: $10,475,792
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Organization Details
Founding Year
1974
Phone
(314) 733-8000Main Address
C/O TAX DEPARTMENT PO BOX 45998, ST LOUIS, MO, 631455998
NTEE Category
Code: E22I - Health
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