Overview
What is Bloomington Health Foundation Inc?
Bloomington Health Foundation Inc is a dedicated nonprofit organization based in Bloomington, Indiana. Their mission is to empower community partners and others to eliminate harmful health issues, remove access barriers, and enhance health outcomes in Monroe County and the surrounding region. They accomplish this by convening community leaders, fostering collaborative efforts, embracing diversity, promoting innovative solutions, striving for excellence, encouraging community partners, managing resources responsibly, and measuring effectiveness. By doing so, Bloomington Health Foundation Inc aims to improve health outcomes and bridge social gaps using partnerships and resources, ultimately helping the people of Bloomington and surrounding communities lead healthier lives.
Official website here: www.bloomhf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star Rating
The Bloomington Health Foundation Inc has achieved an impressive score of 92%, which reflects a strong commitment to accountability and financial health. This high rating is solely derived from its Accountability & Finance score, indicating that the organization operates with transparency and rigor in its financial practices. The foundation maintains a fully independent board, demonstrating a robust governance structure.
Among its noteworthy strengths, the foundation has no material diversion of assets, a solid program expense ratio of 82.62%, and consistently meets audit and oversight standards. These factors contribute to the organization's effective allocation of resources towards its mission. The independent board's size and composition also enhance its credibility, ensuring diverse oversight.
However, it is important to note that the foundation lacks a whistleblower policy, which is a critical element of risk management and organizational integrity. This absence slightly detracts from its overall standing in governance practices. Despite this limitation, the Bloomington Health Foundation Inc remains a strong candidate for donor support, given its impressive financial accountability and commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Bloomington Health Foundation Inc legitimate?
Bloomington Health Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bloomington Health 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $169,324
Professional Fundraising Fees: $0
Other Salaries and Wages: $117,217
For more financial information, click here
Official website here: www.bloomhf.org
What is the mission statement of Bloomington Health Foundation Inc?
The Bloomington Health Foundation Inc's mission is centered around improving health outcomes for communities. They are dedicated to empowering community partners and others to eliminate health issues, remove access barriers, and enhance health outcomes. This is achieved through various means, such as convening community leaders to address shared health concerns and collaborate on transformative health impact projects. The foundation values collaboration, inclusivity, innovation, excellence, empowerment, responsible stewardship, impactfulness, connectivity, and bridging social gaps using partnerships and resources.
Official website here: www.bloomhf.org
Who is the CEO of Bloomington Health Foundation Inc?
Michelle Gilchrist is the Board Member of Bloomington Health Foundation Inc. The CEO's salary of Bloomington Health Foundation Inc is $164,885 and their total compensation is $169,324.
Official website here: www.bloomhf.org
What is the revenue of Bloomington Health Foundation Inc?
Bloomington Health Foundation Inc's revenue in 2022 was $718,778.
Official website here: www.bloomhf.org
Who are the executives of Bloomington Health Foundation Inc and what are their salaries?
There 25 volunteers at Bloomington Health Foundation Inc.
Here are 15 key members and their salaries (Bloomington Health Foundation Inc's CEO's salary is $164,885 and their total compensation is $169,324):
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- Compensation: $164,885
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- Other: $4,439
Official website here: www.bloomhf.org
Where can I find the form 990 for Bloomington Health Foundation Inc?
Bloomington Health Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bloomhf.org
Learn more at the official website: www.bloomhf.org
Mission Statement of Bloomington Health Foundation Inc
Bloomington Health Foundation Inc, with a focus on empowering community partners and others, is dedicated to addressing adverse health issues, removing access barriers, and improving health outcomes. By convening community leaders to address shared health concerns, this organization aims to make transformational impacts on health outcomes within Monroe County and the surrounding region. The foundation encourages collaborative efforts, embraces differences with respect, and promotes innovative solutions to tackle complex problems. It values excellence in every aspect of its operations, empowers community partners to strengthen their capacity, and is committed to being good stewards of resources. Furthermore, Bloomington Health Foundation Inc strives to improve health outcomes by measuring effectiveness, bridge social gaps using partnerships and resources, and inspire philanthropic support to leverage existing assets and implement innovative and evidence-based solutions.
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Impact
October, 2024
Bloomington Health Foundation Inc is dedicated to enhancing the well-being of individuals in Bloomington and surrounding communities by fostering healthier lifestyles. By bringing together community leaders, the foundation addresses shared health concerns, creating a transformative impact on health outcomes in Monroe County and the South-Central region.
The foundation empowers community partners to tackle adverse health issues, dismantle barriers to access, and implement innovative, evidence-based solutions tailored to local needs. Through collaboration and respect for diversity, it encourages bold problem-solving and strives for excellence across all its initiatives.
BHF emphasizes responsible stewardship of resources and regularly measures the effectiveness of its programs to ensure they deliver meaningful results. By bridging social gaps through partnerships, the foundation strengthens the community's capacity to lead healthier lives and fosters an inclusive environment that prioritizes health equity for all.
This information is meant to be a general summary of Bloomington Health 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 2022.
- Investment Income: $371,513
- Program Service Revenue: $52,236
- Gross Receipts: $6,795,359
Assets and Liabilities:
- Total Assets: $24,816,511
- Total Liabilities: $1,392,693
- Net Assets: $23,423,818
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES
Revenue
$52,236
Organization Details
Founding Year
1987
Phone
(812) 558-3409Principal Officer
Michelle Gilchrist
Main Address
PO BOX 249, BLOOMINGTON, IN, 47402
Website
www.bloomhf.orgNTEE Category
Code: E112 - Health
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