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The Grace Foundation For Health Wellness & Education

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

EIN: 273418360 ✦ Cleveland, OH ✦ Designated as a 501(c)(3)

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Overview

What is The Grace Foundation For Health Wellness & Education?

The Grace Foundation for Health, Wellness, and Education, based in Cleveland, Ohio, serves as a supportive organization for Grace Hospital and Specialty Hospital of Lorain. Its mission includes providing administrative and supportive services, promoting health preservation and care, conducting educational activities, and conducting scientific research. The foundation also plays a role in volunteer trustee recruitment and selection for various non-profit organizations. Lastly, it provides funding to assist these organizations in fulfilling their missions.

Is The Grace Foundation For Health Wellness & Education legitimate?

The Grace Foundation For Health Wellness & Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Grace Foundation For Health Wellness & Education 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

What is the mission statement of The Grace Foundation For Health Wellness & Education?

The Grace Foundation for Health, Wellness, and Education is a supporting organization with a mission to aid 501(c)(3) organizations, specifically Grace Hospital, Specialty Hospital of Lorain, and any other designated organizations. Their primary objectives include providing administrative and support services, advancing awareness of health preservation and care for the sick and injured, carrying out educational activities and scientific research, assisting in volunteer trustee recruitment, and offering financial assistance to help these organizations fulfill their missions.

Who is the CEO of The Grace Foundation For Health Wellness & Education?

Michelle Hennis is the Chairperson of The Grace Foundation For Health Wellness & Education. The CEO's salary of The Grace Foundation For Health Wellness & Education is $0 and their total compensation is $160,285.

What is the revenue of The Grace Foundation For Health Wellness & Education?

The Grace Foundation For Health Wellness & Education's revenue in 2022 was $77,962.

Who are the executives of The Grace Foundation For Health Wellness & Education and what are their salaries?

There 7 volunteers at The Grace Foundation For Health Wellness & Education.


Here are 9 key members and their salaries (The Grace Foundation For Health Wellness & Education's CEO's salary is $0 and their total compensation is $160,285):


Willard E Bartel (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert A Grevey (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey L Close (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Joseph D Mcnulty (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald L Jeppe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nizard Z Nader Md (President Of Medical Staff)
  • Compensation: $0
  • Related: $13,400
  • Other: $0
Richard J Rymond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul C Venizelos Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Hennis (Interim President And Ceo)
  • Compensation: $0
  • Related: $151,037
  • Other: $9,248
Where can I find the form 990 for The Grace Foundation For Health Wellness & Education?

The Grace Foundation For Health Wellness & Education's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Grace Foundation For Health Wellness & Education

The Grace Foundation for Health, Wellness & Education is committed to serving as a supporting organization for various 501(c)(3) entities, including Grace Hospital and Specialty Hospital of Lorain. Its primary purpose is to offer administrative and support services to these organizations, with a goal to advance awareness of the importance of health preservation and care for the sick and injured. The foundation also engages in educational activities and scientific research that promote health preservation or the rendering of care to the sick and injured.

In addition to providing assistance to designated non-profit organizations, The Grace Foundation for Health, Wellness & Education plays a role in recruiting and selecting volunteer trustees for these organizations. Furthermore, it offers financial aid to help these non-profits in carrying out their missions. By supporting these entities, the foundation aims to contribute to the betterment of health care services and the well-being of the community.

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Impact




October, 2024

The Grace Foundation for Health Wellness & Education significantly contributes to the healthcare landscape by offering comprehensive support to Grace Hospital and Specialty Hospital of Lorain in Cleveland, Ohio. Its primary focus is enhancing the quality of health services through various initiatives.

By providing administrative support and funding, the foundation empowers these hospitals to advance their missions more effectively. This includes promoting health awareness, improving patient care, and enhancing the recruitment of volunteer trustees critical for strategic governance.

Additionally, the foundation plays a vital role in educational activities and scientific research, fostering initiatives that address health preservation and care for the sick and injured. Through these efforts, it not only supports the immediate needs of the hospitals but also contributes to the broader goal of enhancing public health within the community. The foundation’s impact is multifaceted, aiming for long-term improvements in health and wellness across the region.




This information is meant to be a general summary of The Grace Foundation For Health Wellness & Education. 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
$77,962 (2022)
Expenses
$83,636 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $77,962
  • Gross Receipts: $77,962

Assets and Liabilities:

  • Total Assets: $1,399,770
  • Total Liabilities: $1,170,683
  • Net Assets: $229,087

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INVESTMENT IN SHL

Revenue

$77,962

Organization Details

Founding Year

2010

Principal Officer

Michelle Hennis

Main Address

2307 WEST 14TH STREET 2, CLEVELAND, OH, 44114

NTEE Category

Code: E11 - Health

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