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St Bernard Hospital Foundation Inc

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

EIN: 274511973 ✦ Chalmette, LA ✦ Designated as a 501(c)(3)

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Overview

What is St Bernard Hospital Foundation Inc?

St. Bernard Hospital Foundation Inc, based in Chalmette, Louisiana (LA, ZIP code 70043), is a nonprofit organization dedicated to supporting and enhancing the St. Bernard Hospital Service District. Their primary mission is to assist in the development of the hospital facility and raise capital for healthcare-related services. They focus on improving the health and wellness of the district's residents, with a particular emphasis on the indigent population. The foundation employs a team of 115 individuals to carry out these efforts.

What are the reviews and ratings of this charity?

Charity Navigator rating: 79%, Three-Star out of Four Star rating.

St Bernard Hospital Foundation Inc has achieved a Three-Star rating from Charity Navigator, reflecting a solid performance in terms of accountability and finance. The charity's overall score is derived solely from this beacon, indicating strong governance practices such as a completely independent board and comprehensive financial oversight. Key strengths include a high program expense ratio of 93.90%, which signifies that a significant portion of its resources is directed toward fulfilling its mission.

However, the organization does face challenges, particularly noted in its liabilities to assets ratio of 228.90%, which raises concerns about its financial stability. This aspect suggests that the nonprofit may have more obligations than resources, potentially impacting its long-term sustainability. Overall, while the foundation demonstrates robust governance and programmatic efficiency, its financial liabilities warrant attention for future growth and stability.


This AI summary has been generated from information found on Charity Navigator.

Is St Bernard Hospital Foundation Inc legitimate?

St Bernard Hospital Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Bernard Hospital 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: $1,013,939
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,946,087

For more financial information, click here

What is the mission statement of St Bernard Hospital Foundation Inc?

The St. Bernard Hospital Foundation Inc was established to support and advance the St. Bernard Hospital Service District. Its primary goal is to contribute to the growth of the hospital facility and secure funds for the provision of healthcare-related services. The foundation aims to benefit the overall health and wellbeing of the district residents, with a focus on assisting indigent individuals.

Who is the CEO of St Bernard Hospital Foundation Inc?

Raymond Ducote is the Director of St Bernard Hospital Foundation Inc.

What is the revenue of St Bernard Hospital Foundation Inc?

St Bernard Hospital Foundation Inc's revenue in 2022 was $68,481,989.

Who are the executives of St Bernard Hospital Foundation Inc and what are their salaries?

The average compensation at St Bernard Hospital Foundation Inc during 2022 was $86,609. There are 115 employees and 1 volunteer at St Bernard Hospital Foundation Inc.


Here are 10 key members and their salaries:


Ray Lauga Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Maag (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Ducote Jr (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Dysart (Board Attorney)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Reaney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Whitake (Registered Nurse)
  • Compensation: $230,090
  • Related: $0
  • Other: $12,905
Michael Asevado (Registered Nurse)
  • Compensation: $213,323
  • Related: $0
  • Other: $18,491
Jamie Bunkowfst (Registered Nurse)
  • Compensation: $207,707
  • Related: $0
  • Other: $7,634
Nicolas Hernandez (Pharmacist)
  • Compensation: $191,374
  • Related: $0
  • Other: $13,881
Kayla Mae Willis (Registered Nurse)
  • Compensation: $171,445
  • Related: $0
  • Other: $18,056
Where can I find the form 990 for St Bernard Hospital Foundation Inc?

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

Mission Statement of St Bernard Hospital Foundation Inc

St. Bernard Hospital Foundation Inc, a charitable organization, was established with the primary objective of aiding and boosting St. Bernard Hospital Service District in its endeavors to develop and expand the hospital facility. The Foundation plays a crucial role in raising funds for healthcare-related services, with a particular focus on benefiting the health and well-being of the district's residents, especially those who are indigent. By promoting the hospital district and generating capital, the Foundation contributes significantly to the provision of essential healthcare services within the community.

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Impact




October, 2024

St. Bernard Hospital Foundation Inc. significantly enhances the healthcare landscape of St. Bernard Parish, particularly focusing on improving services for the local community's most vulnerable populations. By facilitating the development of hospital facilities and securing necessary funding, the Foundation actively contributes to the operational capacity of St. Bernard Hospital.

This effort ensures that residents—especially those who are indigent—have access to vital healthcare services, promoting overall health and wellness in the district. The Foundation's initiatives help to alleviate healthcare disparities, allowing for better health outcomes and a higher quality of life for residents in Chalmette and surrounding areas. Through its commitment to supporting the hospital service district, the Foundation plays a crucial role in fostering a healthier community.




This information is meant to be a general summary of St Bernard Hospital 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
$68,481,989 (2022)
Expenses
$72,247,244 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24,371
  • Program Service Revenue: $141,577
  • Gross Receipts: $68,481,989

Assets and Liabilities:

  • Total Assets: $40,177,954
  • Total Liabilities: $91,969,393
  • Net Assets: -$51,791,439

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Programs

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

EMPLOYEE LEASE REVENUE

Revenue

$127,929

VENDING MACHINE AND ATM

Revenue

$13,648

Organization Details

Founding Year

2011

Principal Officer

Raymond Ducote

Main Address

8000 WEST JUDGE PEREZ DRIVE, CHALMETTE, LA, 70043

NTEE Category

Code: E21 - Health

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