Overview
What is Mercy Health Foundation Fort Smith?
Mercy Health Foundation Fort Smith is a nonprofit organization, established with a philanthropic purpose, located in Fort Smith, Arkansas. Its primary objective is to enhance the quality of care and services provided by Mercy Hospital Fort Smith and its regional facilities in Paris, Waldron, Ozark, and Booneville, Arkansas. This is achieved by raising funds through various sources, primarily donations. The foundation's mission aligns with the compassionate care and exceptional service instilled by the Sisters of Mercy, aiming to bring the healing ministry of Jesus to life. The foundation's role includes seeking, acquiring, and administering donations, bequests, and other forms of property, utilizing the income and principal for the benefit of Mercy Fort Smith institutions.
Official website here: www.mercy.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
Mercy Health Foundation Fort Smith has achieved a high rating of 95% from Charity Navigator, reflecting its strong commitment to accountability and financial management. The organization has excelled in all aspects of its financial practices, showcasing a robust independent board comprised entirely of independent members, effective oversight of financial statements, and strong policies in place for conflict of interest and whistleblower protections.
Efficiency is also a notable strength, with a program expense ratio of 70.16% and an impressive fundraising efficiency of just $0.10 for every dollar raised. The foundation demonstrates a solid financial health with a low liabilities to assets ratio and a significant working capital ratio of 5.22 years, indicating a stable and sustainable fiscal environment for its operations.
While the overall rating is exemplary, potential donors may appreciate a further look into the specific programs and their direct impacts on the community. Nonetheless, the foundation's transparent practices and strong governance set a commendable standard within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Mercy Health Foundation Fort Smith legitimate?
Mercy Health Foundation Fort Smith is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Health Foundation Fort Smith 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: $326,774
For more financial information, click here
Official website here: www.mercy.net
What is the mission statement of Mercy Health Foundation Fort Smith?
The Mercy Health Foundation's mission, following in the footsteps of the Sisters of Mercy, is to embody the healing ministry of Jesus through compassionate care and exceptional service. This is achieved by enhancing the quality of care and services provided by various Mercy Hospital facilities through philanthropy. The foundation accomplishes this by raising funds from various sources, including donations, with the goal of utilizing these gifts and funds to benefit the Mercy institutions.
Official website here: www.mercy.net
Who is the CEO of Mercy Health Foundation Fort Smith?
Ryan Gehrig is the Principal Officer of Mercy Health Foundation Fort Smith.
Official website here: www.mercy.net
What is the revenue of Mercy Health Foundation Fort Smith?
Mercy Health Foundation Fort Smith's revenue in 2022 was $2,459,290.
Official website here: www.mercy.net
Who are the executives of Mercy Health Foundation Fort Smith and what are their salaries?
There 35 volunteers at Mercy Health Foundation Fort Smith.
Here are 28 key members and their salaries:
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- Related: $782,830
- Other: $21,129
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- Related: $479,049
- Other: $7,780
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- Related: $130,423
- Other: $14,384
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- Related: $1,057,305
- Other: $95,101
- Compensation: $0
- Related: $476,155
- Other: $24,748
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- Related: $311,444
- Other: $27,114
- Compensation: $0
- Related: $770,349
- Other: $30,013
- Compensation: $0
- Related: $410,554
- Other: $18,940
- Compensation: $0
- Related: $249,862
- Other: $25,861
Official website here: www.mercy.net
Where can I find the form 990 for Mercy Health Foundation Fort Smith?
Mercy Health Foundation Fort Smith's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mercy.net
Learn more at the official website: www.mercy.net
Mission Statement of Mercy Health Foundation Fort Smith
Mercy Health Foundation Fort Smith, as a not-for-profit organization, is dedicated to enhancing the quality of care and services provided by Mercy Hospital Fort Smith and its regional facilities in Paris, Waldron, Ozark, and Booneville, Arkansas. The foundation achieves this objective by raising revenue from various sources, such as donations, with the ultimate goal of utilizing these funds to support Mercy Fort Smith institutions. In line with the compassionate care and exceptional service philosophy of the Sisters of Mercy, Mercy Health Foundation Fort Smith seeks to bring the healing ministry of Jesus to life.
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Impact
October, 2024
Mercy Health Foundation Fort Smith enhances the quality of healthcare services provided by Mercy Hospital Fort Smith and its regional facilities in areas such as Paris, Waldron, Ozark, and Booneville, Arkansas. By supporting philanthropic efforts, the Foundation raises necessary funds to improve patient care and expand healthcare initiatives. Through various revenue-generating activities, including donations, it aims to secure and manage resources that benefit the community's health services. The Foundation's commitment to providing compassionate care and exceptional service reflects its mission of bringing to life the healing ministry of Jesus, contributing significantly to the well-being of the Fort Smith region and its surrounding areas.
This information is meant to be a general summary of Mercy Health Foundation Fort Smith. 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: -$897,800
- Gross Receipts: $2,583,939
Assets and Liabilities:
- Total Assets: $11,204,018
- Total Liabilities: $246,973
- Net Assets: $10,957,045
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Organization Details
Founding Year
1973
Phone
(314) 579-6100Principal Officer
Ryan Gehrig
Main Address
PO BOX 17000, FORT SMITH, AR, 729177000
Website
www.mercy.netNTEE Category
Code: E11 - Health
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