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Point32Health Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 261374263 ✦ Canton, MA ✦ Designated as a 501(c)(3)

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Overview

What is Point32Health Foundation Inc?

Point32Health Foundation Inc, based in Massachusetts and Rhode Island, is a charitable organization dedicated to promoting healthier living. They focus their community investments primarily on supporting and enhancing the well-being of older adults, contributing over $18 million to local nonprofits in these regions. Their mission revolves around advocating for and advancing healthier lives for all individuals, working closely with communities to accomplish these goals.


Official website here: www.point32healthfoundation.org

Is Point32Health Foundation Inc legitimate?

Point32Health Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Point32Health Foundation 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.point32healthfoundation.org

What is the mission statement of Point32Health Foundation Inc?

The Point32Health Foundation Inc's mission is centered around supporting and advocating for healthier lives for all. They accomplish this through their community investments, specifically channeling over $18 million to nonprofit organizations in Massachusetts and Rhode Island, with a focus on enhancing healthy living, particularly for older adults.


Official website here: www.point32healthfoundation.org

Who is the CEO of Point32Health Foundation Inc?

Nora Moreno Cargie is the Dir; Pres Fnd & Vp Corp Cship of Point32Health Foundation Inc.


Official website here: www.point32healthfoundation.org

What is the revenue of Point32Health Foundation Inc?

Point32Health Foundation Inc's revenue in 2022 was -$10,023,856.


Official website here: www.point32healthfoundation.org

Who are the executives of Point32Health Foundation Inc and what are their salaries?


Here are 21 key members and their salaries:


Cain Hayes (Director)
  • Compensation: $0
  • Related: $2,440,620
  • Other: $335,990
Umesh Kurpad (Cfo)
  • Compensation: $0
  • Related: $1,495,153
  • Other: $197,450
Tisa Hughes (Former Clerk)
  • Compensation: $0
  • Related: $1,189,371
  • Other: $119,513
Kristin Lewis (Director)
  • Compensation: $0
  • Related: $816,127
  • Other: $142,929
Roland Price (Treasurer)
  • Compensation: $0
  • Related: $541,488
  • Other: $110,632
Nora Moreno Cargie (Dir; Pres Fnd & Vp Corp Cship)
  • Compensation: $0
  • Related: $516,584
  • Other: $76,833
Susan Kee (Clerk/Secretary (Start 6/7))
  • Compensation: $0
  • Related: $528,322
  • Other: $61,012
Phillip Gonzalez (Director, Comm. Investments)
  • Compensation: $0
  • Related: $205,731
  • Other: $50,210
Alrie Danielczyk (Dir, Comm. & Stkholder Engage.)
  • Compensation: $0
  • Related: $193,539
  • Other: $39,593
Natalie Maclean Leino (Clerk/Secretary (End 6/9))
  • Compensation: $0
  • Related: $157,754
  • Other: $41,115
Bertram L Scott (Director, Co-Chair (End 6/7))
  • Compensation: $500
  • Related: $61,875
  • Other: $0
Greg Shell (Dir,Co-Chair(End6/6)/Chair 6/7)
  • Compensation: $6,000
  • Related: $55,000
  • Other: $0
Jo Ann Simons (Director)
  • Compensation: $5,000
  • Related: $0
  • Other: $0
Heidi Brooks (Director)
  • Compensation: $4,000
  • Related: $0
  • Other: $0
Charlotte Golar Richie (Director)
  • Compensation: $4,000
  • Related: $0
  • Other: $0
Benjamin Perkins (Director)
  • Compensation: $4,000
  • Related: $0
  • Other: $0
Mary Skelton Roberts (Director)
  • Compensation: $4,000
  • Related: $0
  • Other: $0
Len Fishman (Director)
  • Compensation: $3,500
  • Related: $0
  • Other: $0
Robert Lewis Jr (Director)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
Marty Cohen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Garrabrants (Director (End 9/28))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.point32healthfoundation.org

Where can I find the form 990 for Point32Health Foundation Inc?

Point32Health Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.point32healthfoundation.org

Learn more at the official website: www.point32healthfoundation.org

Mission Statement of Point32Health Foundation Inc

Point32Health Foundation, a dedicated organization, works towards supporting and advocating for healthier lives in communities. With a particular focus on older adults, they invest in Massachusetts and Rhode Island nonprofits, contributing over $18 million to initiatives that promote healthier living. This mission implies that Point32Health Foundation is committed to improving the well-being of communities, with a special concern for the elderly, by providing financial support to relevant nonprofit organizations in these two states. Their investments aim to enhance the living conditions and overall health of the elderly population, thereby contributing to a healthier and more vibrant community.

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Impact




October, 2024

Point32Health Foundation Inc significantly impacts communities by supporting healthier lifestyles and advocating for better health outcomes. They focus on enhancing the quality of life for everyone, particularly older adults, through strategic community investments. Their efforts are evidenced by over $18 million directed toward nonprofits in Massachusetts and Rhode Island that promote healthy living initiatives. This financial support enables a variety of programs and services aimed at improving health and wellness in these regions, fostering an environment where individuals can thrive.




This information is meant to be a general summary of Point32Health Foundation 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.

Revenue
-$10,023,856 (2022)
Expenses
$11,303,663 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$16,023,856

Assets and Liabilities:

  • Total Assets: $108,794,480
  • Total Liabilities: $1,955,968
  • Net Assets: $106,838,512

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Organization Details

Founding Year

2007

Principal Officer

Nora Moreno Cargie

Main Address

1 WELLNESS WAY, CANTON, MA, 020211166

NTEE Category

Code: E12 - Health

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