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Midwest Health Foundation

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

EIN: 352230515 ✦ Hinsdale, IL ✦ Designated as a 501(c)(3)

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Overview

What is Midwest Health Foundation?

The Midwest Health Foundation is a charitable organization situated in Hinsdale, Illinois. Its primary role involves raising funds for the benefit of three affiliated 501(C)(3) hospital organizations: Adventist Bolingbrook Hospital, Adventist GlenOaks Hospital, and Adventist Midwest Health. Additionally, it offers support and guidance to Hinsdale Hospital Foundation, another 501(C)(3) organization. The foundation's activities are centered around philanthropy, working tirelessly to support and advance these four healthcare institutions.


Official website here: www.adventhealth.com/adventhealth-foundation

Is Midwest Health Foundation legitimate?

Midwest Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midwest Health 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.adventhealth.com/adventhealth-foundation

What is the mission statement of Midwest Health Foundation?

The Midwest Health Foundation's mission involves conducting fundraising and other philanthropic activities to support and benefit three affiliated tax-exempt hospital organizations and one affiliated tax-exempt foundation organization. In essence, the foundation raises funds for Adventist Bolingbrook Hospital, Adventist Glenoaks Hospital, and Adventist Midwest Health, while providing guidance to Hinsdale Hospital Foundation, another 501(c)(3) organization. The activities of the Midwest Health Foundation are aimed at enhancing the operations and services of these organizations.


Official website here: www.adventhealth.com/adventhealth-foundation

Who is the CEO of Midwest Health Foundation?

Thor Thordarson is the Principal Officer of Midwest Health Foundation.


Official website here: www.adventhealth.com/adventhealth-foundation

What is the revenue of Midwest Health Foundation?

Midwest Health Foundation's revenue in 2022 was $1,158,270.


Official website here: www.adventhealth.com/adventhealth-foundation

Who are the executives of Midwest Health Foundation and what are their salaries?

There 180 volunteers at Midwest Health Foundation.


Here are 19 key members and their salaries:


Thordarson Thor (Director/President)
  • Compensation: $0
  • Related: $1,297,253
  • Other: $147,708
Murphy Mary (Director (Began 5/2022))
  • Compensation: $0
  • Related: $1,363,227
  • Other: $66,691
Buchanan Herbert (Director)
  • Compensation: $0
  • Related: $795,983
  • Other: $32,818
Maycock Adam (Director)
  • Compensation: $0
  • Related: $598,002
  • Other: $98,625
Chen Yuesha Shasha (Director (End 4/2022))
  • Compensation: $0
  • Related: $607,538
  • Other: $73,691
Mathis Rebecca (Director/Treasurer (Began 5/2022))
  • Compensation: $0
  • Related: $407,099
  • Other: $112,217
Radivojevic Vladimir (Director (Began 7/2022))
  • Compensation: $0
  • Related: $356,458
  • Other: $72,651
Moreno Meghan (Dir/Vp Fdtn Development)
  • Compensation: $0
  • Related: $320,739
  • Other: $33,520
Guidotti John (Director)
  • Compensation: $0
  • Related: $190,633
  • Other: $35,232
Morgan Diane (Executive Director)
  • Compensation: $0
  • Related: $135,401
  • Other: $27,493
Hulten Jill (Dir/Vp Fdtn Operations (End 4/2022))
  • Compensation: $24,576
  • Related: $8,192
  • Other: $7,633
Budak Donna (Director (End 4/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Doepke Mike (Director/Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fiascone Karen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Furlan Melanie (Director (End 4/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Hou Linda (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillips Md Richard (Director/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pollitt Jay (Director/Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Waring Randy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.adventhealth.com/adventhealth-foundation

Where can I find the form 990 for Midwest Health Foundation?

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


Official website here: www.adventhealth.com/adventhealth-foundation

Learn more at the official website: www.adventhealth.com/adventhealth-foundation

Mission Statement of Midwest Health Foundation

Midwest Health Foundation is an organization dedicated to supporting the philanthropic activities of four tax-exempt organizations. Its primary mission is to raise funds and provide assistance for three affiliated hospitals: Adventist Bolingbrook Hospital, Adventist Glenoaks Hospital, and Adventist Midwest Health. In addition, the foundation offers guidance and support to Hinsdale Hospital Foundation, another 501(c)(3) organization. By carrying out these fundraising activities, Midwest Health Foundation plays a crucial role in enhancing the capabilities and services of these healthcare organizations, ultimately benefiting the communities they serve.

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Impact




October, 2024

Midwest Health Foundation plays a vital role in enhancing healthcare services by supporting three affiliated tax-exempt hospital organizations: Adventist Bolingbrook Hospital, Adventist GlenOaks Hospital, and Adventist Midwest Health. Through effective fundraising activities, the Foundation secures essential resources that directly benefit these hospitals, ensuring they can continue to provide quality medical care to their communities.

Additionally, the Foundation offers valuable support and guidance to the Hinsdale Hospital Foundation, another tax-exempt organization. This collaboration amplifies the impact of their collective efforts, enabling them to address community health needs and invest in critical healthcare initiatives. By conducting philanthropic activities, Midwest Health Foundation helps to sustain and improve healthcare services, ultimately enriching the well-being of the populations served by these hospitals.




This information is meant to be a general summary of Midwest Health 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
$1,158,270 (2022)
Expenses
$949,509 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $183,748
  • Program Service Revenue: $460,886
  • Gross Receipts: $1,226,879

Assets and Liabilities:

  • Total Assets: $3,145,815
  • Total Liabilities: $21,536
  • Net Assets: $3,124,279

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Programs

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

SATISFACTION OF PROGRA

Revenue

$460,886

Organization Details

Founding Year

2004

Principal Officer

Thor Thordarson

Main Address

120 N OAK STREET, HINSDALE, IL, 60521

NTEE Category

Code: T21 - Philanthropy

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