Overview
What is Elkhart County Samaritan Center Foundation Inc?
Elkhart County Samaritan Center Foundation Inc is a nonprofit organization, based in Elkhart, Indiana, specifically at 311 W High St. Their primary mission is to provide endowment funds for the upkeep and operation of the Samaritan Health and Living Center. This involves securing long-term financial support for the facility's maintenance and ensuring its sustainability. Additionally, the foundation aims to support the center's current operations and may contribute to its potential expansion in Elkhart County and surrounding areas. To achieve these goals, the foundation is looking to establish endowment assets worth at least $1,000,000. In support of this mission, they plan to provide additional resources such as new computers, monitors, a multifunction device, and group room chairs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
Elkhart County Samaritan Center Foundation Inc has received an overall score of 87%, reflecting a strong performance in accountability and finance. The rating is based entirely on a single beacon score, highlighting the organization's commitment to transparency and governance. The foundation boasts a fully independent board, with 100% of its members being independent, which is a significant strength contributing to its high rating.
The organization shows exceptional fiscal responsibility, with a program expense ratio of 81.61%, indicating that the majority of its funds are directed towards its programs rather than administrative costs. Additionally, the foundation has measures in place such as a solid conflict of interest policy, whistleblower policy, and documentation of board meeting minutes, all contributing to its accountability standards.
While the foundation demonstrates a strong financial profile and governance practices, the rating calculation does not include other potential areas of impact or effectiveness, which could provide a more comprehensive view of the organization's overall performance. However, the current data indicates a well-managed organization with a focus on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Elkhart County Samaritan Center Foundation Inc legitimate?
Elkhart County Samaritan Center Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elkhart County Samaritan Center 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.
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Other Salaries and Wages: $0
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What is the mission statement of Elkhart County Samaritan Center Foundation Inc?
The Elkhart County Samaritan Center Foundation Inc's mission is centered around supporting the Samaritan Health & Living Center. Their primary objective is to establish a substantial endowment, aiming for at least $1,000,000, to ensure long-term maintenance and operational support for the center. Any additional funds raised will be utilized for current operations and potentially expanding operations in nearby counties. The foundation's ultimate goal is to provide consistent support to the center, ensuring it continues to serve its community effectively.
What is the revenue of Elkhart County Samaritan Center Foundation Inc?
Elkhart County Samaritan Center Foundation Inc's revenue in 2024 was $164,190.
Who are the executives of Elkhart County Samaritan Center Foundation Inc and what are their salaries?
There 16 volunteers at Elkhart County Samaritan Center Foundation Inc.
Here are 17 key members and their salaries:
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- Related: $52,500
- Other: $2,100
Where can I find the form 990 for Elkhart County Samaritan Center Foundation Inc?
Elkhart County Samaritan Center Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Elkhart County Samaritan Center Foundation Inc
Elkhart County Samaritan Center Foundation Inc is committed to supporting the Samaritan Health and Living Center and its mission. Their primary objective is to establish endowment assets that will provide long-term maintenance and operational support for the center's operations. The foundation aims to accumulate at least $1,000,000 in assets to ensure consistent support for the proper upkeep of the facility. Beyond this, the additional funds will be utilized to support the ongoing operations of the Center and potentially expand its services in Elkhart County and surrounding areas. The foundation's mission is geared towards ensuring the Center's long-term sustainability and continued service to the community.
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Impact
October, 2024
Elkhart County Samaritan Center Foundation Inc plays a crucial role in fostering the sustainability and growth of the Samaritan Health and Living Center. By facilitating endowment funds, it ensures that the Center has the financial resources necessary for long-term maintenance and operational support. This commitment to financial stability allows the Center to focus on its mission of providing quality services to the community.
In recent fiscal years, the Foundation has contributed significantly to enhancing the Center’s technological capabilities, including the acquisition of new computers, monitors, and a multifunction copier/scanner/fax with color printing capabilities. These upgrades improve the efficiency and effectiveness of operations, ensuring that staff can provide high-quality care and services to residents.
The Foundation's overarching goal is to establish endowment assets of at least $1,000,000, which will serve as a stable source of funding for the ongoing maintenance of the facility. These efforts not only support the current operations at the Samaritan Health and Living Center but also lay the groundwork for expanding services to Elkhart County and surrounding areas. By investing in both facility maintenance and operational enhancement, the Foundation significantly impacts the wellbeing of the community it serves.
This information is meant to be a general summary of Elkhart County Samaritan Center 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $26,941
- Gross Receipts: $164,190
Assets and Liabilities:
- Total Assets: $1,007,301
- Total Liabilities: $0
- Net Assets: $1,007,301
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Organization Details
Founding Year
1985
Principal Officer
Randal J Rhoade
NTEE Category
Code: Z99 - Unknown
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