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Community Foundation Of Northwest Indiana Inc

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

EIN: 311128781 ✦ Munster, IN ✦ Designated as a 501(c)(3)

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Overview

What is Community Foundation Of Northwest Indiana Inc?

Community Foundation of Northwest Indiana Inc, located in Munster, Indiana, functions as a support system for organizations collectively known as Community Healthcare System. They offer various shared services such as finance and accounting, information technology, legal, human resources, and business development to enhance the overall efficiency of the affiliated hospitals. Their mission lies in promoting community betterment, particularly in the areas of health, culture, education, and charity within Northwest Indiana. The organization, with a workforce of 958, also provides support for community-based projects and engages in activities that contribute to the improved well-being of both the hospitals and their patients.


Official website here: www.comhs.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 56%, One-Star out of Four Stars

The Community Foundation Of Northwest Indiana Inc received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization excelled in areas such as board independence and maintaining essential policies like conflict of interest and whistleblower protections, its overall score reflects weaknesses in financial transparency and program expenditure.

Strengths of the foundation include a predominantly independent board and strong audit oversight, showcasing good governance practices. Additionally, there are no reported issues with material diversion of assets, which is a positive aspect of their financial integrity. However, the lack of a posted tax form on their website raises concerns about transparency.

Limitations are primarily evident in the organization's financial health, particularly with a low program expense ratio and a high liabilities-to-assets ratio. These factors suggest that the foundation may not be effectively allocating resources towards its programs, which could impact its mission and community impact.


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

Is Community Foundation Of Northwest Indiana Inc legitimate?

Community Foundation Of Northwest Indiana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Northwest Indiana 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: $7,070,237
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,392,608

For more financial information, click here


Official website here: www.comhs.org

What is the mission statement of Community Foundation Of Northwest Indiana Inc?

The Community Foundation of Northwest Indiana Inc plays a crucial role in supporting the affiliated hospitals in their initiatives to enhance the overall health of the communities they serve. By providing shared services such as finance and accounting, human resources, and information technology, this foundation helps coordinate activities for the improved well-being of both the hospitals and their patients. In addition, the Community Foundation of Northwest Indiana Inc engages in activities aimed at promoting the cultural, educational, and charitable aspects of the community in Northwest Indiana. Through their support for community-based projects, they contribute significantly to the betterment of the general health and welfare of the community.


Official website here: www.comhs.org

Who is the CEO of Community Foundation Of Northwest Indiana Inc?

Unavailable The CEO's salary of Community Foundation Of Northwest Indiana Inc is $1,483,562 and their total compensation is $1,539,303.


Official website here: www.comhs.org

What is the revenue of Community Foundation Of Northwest Indiana Inc?

Community Foundation Of Northwest Indiana Inc's revenue in 2022 was $253,554,252.


Official website here: www.comhs.org

Who are the executives of Community Foundation Of Northwest Indiana Inc and what are their salaries?

The average compensation at Community Foundation Of Northwest Indiana Inc during 2022 was $51,631. There are 958 employees at Community Foundation Of Northwest Indiana Inc.


Here are 34 key members and their salaries (Community Foundation Of Northwest Indiana Inc's CEO's salary is $1,483,562 and their total compensation is $1,539,303):


David E Wickland (Treasurer)
  • Compensation: $38,000
  • Related: $0
  • Other: $0
Donald P Fesko (President & Ceo)
  • Compensation: $1,483,562
  • Related: $0
  • Other: $55,741
Frankie L Fesko (Chairman)
  • Compensation: $103,344
  • Related: $0
  • Other: $0
Michael J Mellon (Vice Chairman)
  • Compensation: $50,000
  • Related: $0
  • Other: $0
William A Hasse Iii (Secretary)
  • Compensation: $38,000
  • Related: $0
  • Other: $0
Daniel Dumezich (Director)
  • Compensation: $24,450
  • Related: $0
  • Other: $0
David A Bochnowski (Director)
  • Compensation: $24,300
  • Related: $0
  • Other: $0
Donald C Torrenga (Director)
  • Compensation: $25,650
  • Related: $0
  • Other: $0
Edward L Williams Phd (Director)
  • Compensation: $25,846
  • Related: $0
  • Other: $0
Gene L Chang Md (Director)
  • Compensation: $109,860
  • Related: $0
  • Other: $0
Joe P Williamson (Director)
  • Compensation: $49,234
  • Related: $0
  • Other: $0
Joseph T Morrow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth V Krupinski Cpa (Director)
  • Compensation: $26,280
  • Related: $0
  • Other: $0
M Nabil Shabeeb Md (Director)
  • Compensation: $30,685
  • Related: $0
  • Other: $0
Monsignor Joseph Semancik (Director)
  • Compensation: $24,150
  • Related: $0
  • Other: $0
Richard Schumacher (Director)
  • Compensation: $42,900
  • Related: $0
  • Other: $0
Robert J Welsh (Director)
  • Compensation: $18,300
  • Related: $0
  • Other: $0
Sister Kathleen Quinn (Director)
  • Compensation: $24,300
  • Related: $0
  • Other: $0
William Ciesar (Director)
  • Compensation: $24,450
  • Related: $0
  • Other: $0
William Hanna Jd (Director)
  • Compensation: $24,300
  • Related: $0
  • Other: $0
Gregg Ferlin (Sr Vp Finance Cfo)
  • Compensation: $481,368
  • Related: $0
  • Other: $38,720
Alan Kumar Md (Sr Vp Medical Affairs & Cmio)
  • Compensation: $777,627
  • Related: $0
  • Other: $27,371
Anthony Ferracane (Vp Human Resources)
  • Compensation: $440,030
  • Related: $0
  • Other: $30,206
Craig Bolda (Vp Acute Rehab Services)
  • Compensation: $314,143
  • Related: $0
  • Other: $46,585
Dale O'Donnell (Vp Cardiology Services)
  • Compensation: $268,607
  • Related: $0
  • Other: $41,941
Dave Otte (Vp Engineering & Support Services)
  • Compensation: $363,985
  • Related: $0
  • Other: $34,595
Elizabeth Yee (Vp Clinical Ancillary Services)
  • Compensation: $318,999
  • Related: $0
  • Other: $28,654
Jesus Delgado (Vp & Cio)
  • Compensation: $384,861
  • Related: $0
  • Other: $36,324
Kevin Mybeck (Vp Managed Care)
  • Compensation: $380,424
  • Related: $0
  • Other: $42,826
Catherine Tinsley (Vp Med Data Analytics & Econ)
  • Compensation: $284,410
  • Related: $0
  • Other: $15,224
Felix Gozo Jr Md (Med Dir Of Cv Cardio Rehab Qa)
  • Compensation: $392,857
  • Related: $0
  • Other: $23,939
John Doherty (Vp Therapy Sports Med Occ Hlth)
  • Compensation: $280,927
  • Related: $0
  • Other: $37,242
Nancy Moser (Vp Corporate Compliance & Quality)
  • Compensation: $306,978
  • Related: $0
  • Other: $45,725
Robert Hagy (Regional Director - Materials Mgmt)
  • Compensation: $232,388
  • Related: $0
  • Other: $31,725


Official website here: www.comhs.org

Where can I find the form 990 for Community Foundation Of Northwest Indiana Inc?

Community Foundation Of Northwest Indiana Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.comhs.org

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

Mission Statement of Community Foundation Of Northwest Indiana Inc

The Community Foundation of Northwest Indiana, Inc. is a prominent organization that plays a crucial role in supporting the activities of affiliated hospitals to enhance the overall health of the communities in Northwest Indiana. By providing shared services, this foundation helps coordinate efforts for the improved well-being of both the hospitals and their patients.

This charitable institution offers various services to the organizations collectively known as the Community Healthcare System. These services encompass finance and accounting, materials management, patient accounting, transcription services, medical records, legal, human resources, information technology, payroll, accounts payable, communication services, and business development. In addition to these support functions, the Community Foundation of Northwest Indiana, Inc. engages in initiatives aimed at promoting the general health of the communities it serves. Furthermore, it provides backing for community-based projects to foster cultural, educational, and charitable pursuits in Northwest Indiana.

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Impact




October, 2024

The Community Foundation of Northwest Indiana Inc significantly enhances the health and well-being of communities across the region. By providing crucial support to affiliated hospitals, it facilitates activities aimed at improving general health outcomes for residents. The Foundation plays a vital role in coordinating shared services such as finance, human resources, and information technology, which allow healthcare facilities to operate more efficiently.

In addition to supporting hospitals, the Foundation is actively involved in community-based projects that foster cultural, educational, and charitable initiatives. This holistic approach not only addresses immediate healthcare needs but also enriches the overall community life, promoting long-term wellness and growth. The Foundation's commitment to betterment ensures that the residents of Northwest Indiana benefit from a concerted effort to enhance their health and community engagement.




This information is meant to be a general summary of Community Foundation Of Northwest Indiana 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
$253,554,252 (2022)
Expenses
$125,533,341 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $142,009,906
  • Program Service Revenue: $111,155,193
  • Gross Receipts: $2,356,431,921

Assets and Liabilities:

  • Total Assets: $1,445,075,010
  • Total Liabilities: $526,732,660
  • Net Assets: $918,342,350

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Programs

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

CORPORATE ALLOCATION

Revenue

$110,146,550

INTERCOMPANY REAL ESTATE RENTAL

Revenue

$625,390

COPY FEE

Revenue

$383,253

Organization Details

Founding Year

1985

Main Address

10010 DONALD S POWERS DR 201, MUNSTER, IN, 46321

NTEE Category

Code: T11 - Philanthropy

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