Overview
What is Deaconess Associations Inc?
Deaconess Associations Inc, headquartered in Cincinnati, Ohio, acts as a holding company for its non-profit subsidiaries: Deaconess Health Associations Fund, Deaconess Senior Services, and Deaconess Health Care Services. Their primary mission is to advance healthcare solutions by offering health care services and products while using the proceeds to support charitable initiatives. The organization is dedicated to improving community well-being and benefiting all residents through its various ventures.
Official website here: www.deaconess-healthcare.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 56%, One-Star out of Four Star rating.
Deaconess Associations Inc has received a One-Star rating from Charity Navigator, reflecting concerns primarily in the areas of accountability and finance. The organization has demonstrated strong governance practices with a majority of independent board members, proper financial oversight, and a comprehensive conflict of interest policy. However, the overall financial health of the organization is concerning, particularly with low program expense ratios and high liabilities relative to assets.
While the nonprofit has strong policies in place regarding transparency and governance, the missing tax form on its website and low program expense ratio raise questions about how effectively resources are being utilized for its intended mission. Furthermore, the high salary of the CEO may contribute to perceptions of financial mismanagement or inefficiency.
Overall, while Deaconess Associations Inc shows strengths in governance and accountability, its financial practices need significant improvement to enhance its effectiveness and trustworthiness as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Deaconess Associations Inc legitimate?
Deaconess Associations Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Deaconess Associations 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: $339,191
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.deaconess-healthcare.com
What is the mission statement of Deaconess Associations Inc?
Deaconess Associations Inc functions as a holding company, coordinating the activities of its non-profit subsidiaries: Deaconess Health Associations Fund, Deaconess Senior Services, and Deaconess Health Care Services. Their primary objective is centered around advancing health care solutions. Through their subsidiaries, they provide health care services and products, and the resulting proceeds are channeled towards charitable initiatives. Deaconess Associations Inc is committed to making a positive impact on health care and contributing to meaningful causes. Their mission is to enhance access to quality health care and improve overall health and well-being for communities. Their efforts span across various aspects of health care, ensuring comprehensive and holistic solutions.
Official website here: www.deaconess-healthcare.com
Who is the CEO of Deaconess Associations Inc?
E Anthony Woods is the Chief Executive Officer of Deaconess Associations Inc. The CEO's salary of Deaconess Associations Inc is $0 and their total compensation is $342,565.
Official website here: www.deaconess-healthcare.com
What is the revenue of Deaconess Associations Inc?
Deaconess Associations Inc's revenue in 2022 was $19,275,116.
Official website here: www.deaconess-healthcare.com
Who are the executives of Deaconess Associations Inc and what are their salaries?
Here are 8 key members and their salaries (Deaconess Associations Inc's CEO's salary is $0 and their total compensation is $342,565):
- Compensation: $0
- Related: $338,374
- Other: $4,191
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.deaconess-healthcare.com
Where can I find the form 990 for Deaconess Associations Inc?
Deaconess Associations Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.deaconess-healthcare.com
Learn more at the official website: www.deaconess-healthcare.com
Mission Statement of Deaconess Associations Inc
Deaconess Associations, Inc., a holding company, plays a crucial role in coordinating the activities of its non-profit subsidiaries: Deaconess Health Associations Fund, Inc., Deaconess Senior Services, Inc., and Deaconess Health Care Services. This organization, dedicated to advancing health care solutions, accomplishes its mission through the provision of health care services and products. By releasing the proceeds generated from these endeavors, Deaconess Associations, Inc. supports various charitable initiatives and contributes to the betterment of health care.
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Impact
October, 2024
Deaconess Associations Inc has a significant impact on the health care landscape by coordinating multiple subsidiaries focused on advancing health care solutions. Through its various arms, including Deaconess Health Associations Fund, Inc., Deaconess Senior Services, Inc., and Deaconess Health Care Services, the organization provides vital health care services and products, addressing the needs of diverse populations in the community.
The organization not only delivers comprehensive health care but also directs its proceeds to support charitable initiatives, enhancing the well-being of individuals and families. By prioritizing community care and leveraging its resources, Deaconess Associations Inc plays a crucial role in improving health outcomes and fostering a culture of compassion and service within the Cincinnati area and beyond. Its holistic approach ensures that a wide range of health care needs are met, making a lasting impact on community health and well-being.
This information is meant to be a general summary of Deaconess Associations 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 2022.
- Investment Income: $19,245,679
- Program Service Revenue: $18,000
- Gross Receipts: $128,037,723
Assets and Liabilities:
- Total Assets: $982,883,700
- Total Liabilities: $152,889,341
- Net Assets: $829,994,359
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Management fees
Revenue
$18,000
Organization Details
Founding Year
1986
Phone
(513) 559-2111Principal Officer
E Anthony Woods
Main Address
615 Elsinore Place Suite 900, Cincinnati, OH, 45202
Website
www.deaconess-healthcare.comNTEE Category
Code: E110 - Health
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