Mary S Stern Hand Surgery Foundation

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

EIN: 311202583 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

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Overview

What is Mary S Stern Hand Surgery Foundation?

The Mary Stern Hand Surgery Foundation, situated in Cincinnati, Ohio, serves as a dedicated research center in the medical field. Its primary focus is on conducting investigations and offering educational opportunities. As a nonprofit organization, the foundation's mission revolves around advancing knowledge and understanding within the medical discipline of hand surgery. Its activities are centered around both research and education, making significant contributions to the field.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (67%, Two-Star out of Four Stars)

The Mary S Stern Hand Surgery Foundation has received a Two-Star rating from Charity Navigator, indicating a need for improvement. The organization excels in its accountability and finance, achieving a perfect score in this area. Notably, it has a high program expense ratio of 97.79%, suggesting that the majority of its funds are directed toward its mission-related activities.

However, the foundation has significant weaknesses, particularly in governance and transparency. There are no independent board members, which raises concerns about oversight and accountability. Additionally, the absence of essential policies and documents, such as a document retention policy and the posting of tax forms on its website, further detracts from its overall rating.

Despite these limitations, the foundation demonstrates a commitment to its mission through financial management practices. However, enhancing governance structures and improving transparency could strengthen its standing and foster greater trust among donors and stakeholders.


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

Is Mary S Stern Hand Surgery Foundation legitimate?

Mary S Stern Hand Surgery Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mary S Stern Hand Surgery Foundation 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 Mary S Stern Hand Surgery Foundation?

The Mary S Stern Hand Surgery Foundation serves as a research center dedicated to advancing knowledge in the field of hand surgery. Its primary mission involves conducting research and providing educational resources. The organization strives to contribute to the medical community by expanding the understanding of hand-related conditions and treatments. By focusing on both research and education, the foundation aims to drive progress in hand surgery and improve patient care.

Who is the CEO of Mary S Stern Hand Surgery Foundation?

Peter J Stern Md is the Pres Dir of Mary S Stern Hand Surgery Foundation.

What is the revenue of Mary S Stern Hand Surgery Foundation?

Mary S Stern Hand Surgery Foundation's revenue in 2022 was $26,992.

Who are the executives of Mary S Stern Hand Surgery Foundation and what are their salaries?


Here are 2 key members and their salaries:


Peter J Stern Md (Pres Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas R Kiefhaber (Sec Tr Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mary S Stern Hand Surgery Foundation?

Mary S Stern Hand Surgery Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mary S Stern Hand Surgery Foundation

The Mary S Stern Hand Surgery Foundation, as a distinguished medical discipline research center, is committed to two primary objectives: research and education. This nonprofit organization, based on the information provided, focuses on advancing knowledge and understanding within the field of hand surgery, while simultaneously promoting learning opportunities for individuals in this field. By carrying out research projects and providing educational resources, the Mary S Stern Hand Surgery Foundation is dedicated to contributing to the advancement of hand surgery and improving patient care.

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Impact




August, 2024

The Mary S Stern Hand Surgery Foundation's impact lies in advancing medical research and education within the field of hand surgery. By focusing on research initiatives and educational programs, the foundation plays a crucial role in furthering understanding and improving treatment options for hand-related medical conditions. Through its dedication to these efforts, the foundation contributes to the overall advancement of hand surgery practices and positively impacts the quality of patient care in this specialized area of medicine.




This information is meant to be a general summary of Mary S Stern Hand Surgery Foundation. 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
$26,992 (2022)
Expenses
$12,167 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24,785
  • Program Service Revenue: $2,207
  • Gross Receipts: $85,584

Assets and Liabilities:

  • Total Assets: $360,028
  • Total Liabilities: $0
  • Net Assets: $360,028

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Programs

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

PROGRAM SERVICE REVENU

Revenue

$2,207

Organization Details

Founding Year

1987

Principal Officer

Peter J Stern Md

Main Address

5780 DREWRY FARM LANE, CINCINNATI, OH, 45243

NTEE Category

Code: H90 - Medical research

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