Overview
What is Park Nicollet Foundation?
Park Nicollet Foundation, based in St. Louis Park, Minnesota, is a nonprofit organization committed to enhancing the health and well-being of its patients, families, and community. Their mission is achieved through partnerships and philanthropy, as outlined in their description. The foundation's activities are not explicitly provided in the information, but it is implied that they aim to improve health and well-being through their efforts.
Official website here: www.parknicollet.com
What are the reviews and ratings of this charity?
97% rating from Charity Navigator indicates that Park Nicollet Foundation has achieved a Four-Star out of Four Star rating, reflecting exceptional performance in accountability and finance. The score is solely based on the organization's strong financial practices, highlighting their commitment to transparency and responsible management.
The foundation boasts 68% independent board members, ensuring diverse oversight, and has a robust audit and oversight committee. Its financial statements are well-maintained, with no material diversion of assets reported. The organization also has comprehensive policies in place, including conflict of interest and whistleblower protections, contributing to its high governance standards.
One of the notable strengths of the Park Nicollet Foundation is its impressive program expense ratio of 98.47%, indicating that the vast majority of its funding goes directly to programs. Additionally, the foundation exhibits remarkable financial stability with a working capital ratio of 21.02 years. However, its fundraising efficiency could be improved, as indicated by a low ratio of $0.002. Overall, Park Nicollet Foundation demonstrates strong financial health and accountability, making it a trustworthy nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Park Nicollet Foundation legitimate?
Park Nicollet Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Park Nicollet 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: $0
For more financial information, click here
Official website here: www.parknicollet.com
What is the mission statement of Park Nicollet Foundation?
The Park Nicollet Foundation's mission is centered around enhancing the health and well-being of patients, their families, and the broader community. They achieve this mission through strategic partnerships and philanthropic efforts. The foundation's primary goal is to improve the health and well-being of the individuals they serve, demonstrating a commitment to their community's well-being. The specific accomplishments and program services of the foundation can be found in the exempt purpose and achievements schedule O.
Official website here: www.parknicollet.com
Who is the CEO of Park Nicollet Foundation?
Alita R Risinger is the Director & Exec Director of Park Nicollet Foundation.
Official website here: www.parknicollet.com
What is the revenue of Park Nicollet Foundation?
Park Nicollet Foundation's revenue in 2022 was $4,305,922.
Official website here: www.parknicollet.com
Who are the executives of Park Nicollet Foundation and what are their salaries?
There 61 volunteers at Park Nicollet Foundation.
Here are 23 key members and their salaries:
- Compensation: $0
- Related: $183,651
- Other: $24,609
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $309,438
- Other: $54,320
- Compensation: $0
- Related: $209,819
- Other: $61,535
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $640,479
- Other: $130,531
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $275,654
- Other: $40,632
- Compensation: $0
- Related: $323,531
- Other: $52,309
- Compensation: $0
- Related: $377,721
- Other: $70,458
- Compensation: $0
- Related: $252,864
- Other: $71,519
- Compensation: $0
- Related: $0
- 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: $549,913
- Other: $116,747
Official website here: www.parknicollet.com
Where can I find the form 990 for Park Nicollet Foundation?
Park Nicollet Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.parknicollet.com
Learn more at the official website: www.parknicollet.com
Mission Statement of Park Nicollet Foundation
Park Nicollet Foundation, a philanthropic organization, is dedicated to enhancing the health and well-being of its patients, families, and the wider community. The foundation achieves this mission through strategic partnerships and philanthropic endeavors. By leveraging these collaborations, Park Nicollet Foundation aims to make significant improvements in the health and well-being of the individuals it serves. The organization's mission is clear: to contribute positively to the health and wellness of its community, ensuring that all its members can lead fulfilling lives.
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Impact
October, 2024
Park Nicollet Foundation significantly enhances the health and well-being of patients, families, and the broader community through dedicated partnerships and philanthropic efforts. Its initiatives focus on addressing various health needs, ensuring that vital resources and support are accessible to those who require them most. By fostering collaborations and providing funding for essential programs, the Foundation plays a crucial role in improving healthcare outcomes and promoting sustainable community wellness in St. Louis Park, MN. Its achievements reflect a commitment to creating lasting positive impacts on individual lives and the community as a whole.
This information is meant to be a general summary of Park Nicollet 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: $983,520
- Gross Receipts: $7,872,157
Assets and Liabilities:
- Total Assets: $66,832,705
- Total Liabilities: $3,250,430
- Net Assets: $63,582,275
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Organization Details
Founding Year
1959
Phone
(952) 883-5613Principal Officer
Alita R Risinger
Main Address
6500 EXCELSIOR BOULEVARD, ST LOUIS PARK, MN, 55426
Website
www.parknicollet.comNTEE Category
Code: T31 - Philanthropy
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