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Promedica Foundation

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

EIN: 341517672 ✦ Toledo, OH ✦ Designated as a 501(c)(3)

Overview

What is Promedica Foundation?

The Promedica Foundation is a nonprofit organization based in Toledo, Ohio. Their mission revolves around promoting health and well-being by supporting medical care, medical education, medical research, and addressing social determinants of health. They generate income and resources to enhance the provision of healthcare services by Promedica Health System, Inc. entities. Through soliciting contributions, providing grants, and investing funds, the Promedica Foundation aims to inspire excellence in healthcare and improve community members' quality of life.


Official website here: www.promedica.org

Is Promedica Foundation legitimate?

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

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $491,218
Other Salaries and Wages: $3,170,033

For more financial information, click here


Official website here: www.promedica.org

What is the mission statement of Promedica Foundation?

The Promedica Foundation works to enhance the provision of healthcare in the community by generating and directing resources towards enriching existing programs and funding new services. This mission inspires excellence in healthcare and improves the quality of life for people in the community. The foundation supports medical care, medical education, medical research, and social determinants of health. It solicits contributions, provides grants, and invests funds to generate income for entities within the Promedica Health System.


Official website here: www.promedica.org

Who is the CEO of Promedica Foundation?

Terrence Metzger is the Trustee of Promedica Foundation. The CEO's salary of Promedica Foundation is $0 and their total compensation is $1,618,580.


Official website here: www.promedica.org

What is the revenue of Promedica Foundation?

Promedica Foundation's revenue in 2022 was $21,490,515.


Official website here: www.promedica.org

Who are the executives of Promedica Foundation and what are their salaries?

Here are 14 key members and their salaries (Promedica Foundation's CEO's salary is $0 and their total compensation is $1,618,580):

    Randall Oostra (Ex-Officio/Phs Pres. & Ceo - Part Year) [Trustee/Director]
  • Compensation: $0
  • Related: $5,476,040
  • Other: $3,579

    • Steven M Cavanaugh (Trustee/Treasurer, Cfo - Part Year)
  • Compensation: $0
  • Related: $2,435,815
  • Other: $41,525

    • Arturo Polizzi (Ex-Officio/President And Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $1,605,830
  • Other: $12,750

    • Jeffrey C Kuhn (Sec./Chief Legal Off - Part Year)
  • Compensation: $0
  • Related: $927,467
  • Other: $44,223

    • Angela Brandt (Trustee)
  • Compensation: $0
  • Related: $858,024
  • Other: $10,246

    • Stephen M Sadowski (Chief Legal Officer)
  • Compensation: $0
  • Related: $683,615
  • Other: $6,102

    • Gary M Cates (Trustee)
  • Compensation: $0
  • Related: $565,615
  • Other: $4,880

    • Christi Ansberg (Vp Philanthropy)
  • Compensation: $0
  • Related: $300,364
  • Other: $6,313

    • Dasa Dzierwa (Associate Vp)
  • Compensation: $0
  • Related: $173,446
  • Other: $0

    • Elizabeth Savage (Avp Development)
  • Compensation: $0
  • Related: $150,787
  • Other: $2,994

    • Robert W Laclair (Ex-Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $50,000
  • Other: $0

    • James Hoffman (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leslie A Chapman (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louis Robichaux (Trustee/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.promedica.org

    Where can I find the form 990 for Promedica Foundation?

    The Promedica Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.promedica.org

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

    Mission Statement of Promedica Foundation

    The Promedica Foundation, a dedicated organization, is committed to generating and allocating resources to enrich existing programs and fund new services. Its mission inspires excellence in the provision of healthcare and enhances the quality of life for the community it serves. The foundation channels its efforts towards promoting health and well-being through medical care, medical education, medical research, and addressing social determinants of health. By soliciting contributions, providing grants, and investing funds, the Promedica Foundation supports entities within the Promedica Health System, Inc. This strategic approach to resource management strengthens the foundation's ability to make a significant impact on the lives of those in need.

    Impact

    This information is meant to be a general summary of Promedica Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Promedica Foundation's impact can be seen in its commitment to promoting health and well-being in the community. By supporting medical care, education, research, and addressing social determinants of health, the foundation works towards inspiring excellence in healthcare provision and enhancing the quality of life for the people it serves. Through soliciting contributions, providing grants, and investing funds, Promedica Foundation supports the initiatives of Promedica Health System, Inc. in Toledo, Ohio. This dedication to improving healthcare services and overall well-being makes a significant impact on the community's health outcomes and quality of life.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $9,062,063
  • Program Service Revenue: $0
  • Gross Receipts: $71,769,433

    • Assets and Liabilities:
  • Total Assets: $332,575,061
  • Total Liabilities: $1,984,612
  • Net Assets: $330,590,449
  • Organization Details

    Founding Year

    1986

    Principal Officer

    Terrence Metzger

    Main Address

    100 MADISON AVE ATTN TAX DEPARTM, TOLEDO, OH, 43604

    NTEE Category

    Code: E110 - Health

    If you are a representative of Promedica Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.