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Hospital Quality Foundation

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

EIN: 320246498 ✦ Shrewsbury, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Hospital Quality Foundation?

The Hospital Quality Foundation is a nonprofit organization dedicated to fostering medical education and conducting scientific research in various domains such as medical science, medical economics, health care technology, public health, and sociology, among others. This organization actively engages in research projects to advance knowledge in these fields, and as part of its activities, it conducts educational seminars to share findings and insights with relevant stakeholders.


Official website here: www.hospitalqualityfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 38%

The Hospital Quality Foundation has received a low score of 38%, resulting in a Zero-Star out of Four Star rating. This rating highlights significant concerns regarding the foundation's accountability and financial practices. Specifically, the lack of independent board members and missing critical policies such as conflict of interest and whistleblower protections raise red flags about governance and transparency.

Despite these weaknesses, the organization demonstrates some positive financial metrics, including a program expense ratio of 85.97%, indicating that a substantial portion of its expenses is directed towards its programs. However, high liabilities compared to assets at 99.38% suggests potential financial instability, which could impact its long-term sustainability.

Overall, while the Hospital Quality Foundation shows a commitment to programmatic spending, its governance deficiencies and financial instability are critical areas that need urgent attention. Stakeholders may want to consider these factors seriously when evaluating their support for the organization.


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

Is Hospital Quality Foundation legitimate?

Hospital Quality Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hospital Quality 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


Official website here: www.hospitalqualityfoundation.org

What is the mission statement of Hospital Quality Foundation?

The Hospital Quality Foundation's mission is centered around supporting medical education and actively participating in scientific research and research projects. This encompasses various disciplines, including medical science, medical economics, health care technology, public health, and sociology, among related areas. The foundation's objectives extend to engaging in projects that contribute to these fields, aiming to advance knowledge and foster innovations in these sectors. As part of its initiatives, the Hospital Quality Foundation conducts educational seminars to further disseminate knowledge and promote discussions within these domains.


Official website here: www.hospitalqualityfoundation.org

Who is the CEO of Hospital Quality Foundation?

Charles V Pollack Jr is the Secretary of Hospital Quality Foundation.


Official website here: www.hospitalqualityfoundation.org

What is the revenue of Hospital Quality Foundation?

Hospital Quality Foundation's revenue in 2022 was $488,200.


Official website here: www.hospitalqualityfoundation.org

Who are the executives of Hospital Quality Foundation and what are their salaries?


Here are 7 key members and their salaries:


Charles V Pollack Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Franklin Michota (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Christy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Fanikos (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Talan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Skinner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Sieck (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hospitalqualityfoundation.org

Where can I find the form 990 for Hospital Quality Foundation?

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


Official website here: www.hospitalqualityfoundation.org

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

Mission Statement of Hospital Quality Foundation

The Hospital Quality Foundation is dedicated to supporting medical education and engaging in scientific research and research projects in various fields. Specifically, it focuses on medical science, medical economics, health care technology, public health, sociology, and related areas. By doing so, the organization aims to contribute to advancements in these sectors, ultimately enhancing the quality of healthcare and health outcomes. As part of its mission, the Hospital Quality Foundation hosts educational seminars, providing opportunities for professionals and students to expand their knowledge and skills in these areas.

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Impact




July, 2024

Hospital Quality Foundation's impact is significant in the field of medical education and scientific research. By supporting medical education initiatives and conducting research projects in various areas of medical science, economics, health care technology, public health, and sociology, the foundation plays a crucial role in advancing knowledge and improving healthcare outcomes. Additionally, their educational seminars provide valuable opportunities for healthcare professionals to enhance their skills and stay updated on the latest developments in the field. Overall, Hospital Quality Foundation's efforts contribute to the advancement of medical knowledge and the improvement of healthcare practices.




This information is meant to be a general summary of Hospital Quality 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
$488,200 (2022)
201120122013201420152016201720182019202020212022$0$500k$1M$1.5M$2M
Expenses
$488,094 (2022)
201120122013201420152016201720182019202020212022$0$500k$1M$1.5M$2M
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Investment Income: $106
  • Gross Receipts: $488,200

Assets and Liabilities:

  • Total Assets: $558,382
  • Total Liabilities: $554,966
  • Net Assets: $3,416

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Organization Details

Founding Year

2007

Principal Officer

Charles V Pollack Jr

Main Address

206 WILLIAMSBURG DRIVE, SHREWSBURY, NJ, 07702

NTEE Category

Code: B990 - Education

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