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Riverstone Health Foundation

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

EIN: 352332179 ✦ Billings, MT ✦ Designated as a 501(c)(3)

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Overview

What is Riverstone Health Foundation?

Established in 2008, the Riverstone Health Foundation is a supporting organization dedicated to enhancing accessible primary and dental healthcare, making medications more affordable, and supplying medical supplies to underserved or vulnerable populations. Located in Billings, Montana, this nonprofit adheres to the Donor Bill of Rights and channels charitable donations towards the intended purpose. Inspired by the desire to connect those with resources with those in need, the Riverstone Health Foundation collaborates with supporters to improve the health, life, and safety of families and communities in their region. Their mission revolves around philanthropy, aiming to make a positive impact on the local community.


Official website here: www.riverstonehealth.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80%, Three-Star out of Four Star rating.

Riverstone Health Foundation has achieved a solid rating of 80%, which reflects a commendable level of accountability and financial health within the organization. The foundation boasts a strong governance structure, with 87% of its board members being independent, and it has been transparent in its operations by adhering to various best practices, including having a conflict of interest policy and a whistleblower policy in place.

Financially, the organization demonstrates effective resource allocation, with a program expense ratio of 69.36%, indicating that a significant majority of expenses are directed towards its programs. Additionally, the foundation has a healthy liabilities to assets ratio of 10.84%, which suggests a stable financial position. However, while the overall score is positive, there is always room for improvement in certain areas to enhance their impact further.


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

What do the Facebook reviews say about Riverstone Health Foundation?

80% of reviewers recommend the Riverstone Health Foundation based on 58 reviews on Facebook. Here’s what people are saying:

While many express their support for the organization, there are some concerns raised regarding the responsiveness of local health authorities. One specific complaint highlighted the perceived inaction of the county health department on a serious health issue in Lockwood, which has understandably caused frustration within the community.

Overall, there is a mix of sentiments, with several supporters appreciating the foundational work that the nonprofit does in promoting health in the area. However, the feedback suggests that improvements in communication and response from associated health services could enhance community trust and satisfaction.


This AI summary has been generated from reviews found on Facebook.

Is Riverstone Health Foundation legitimate?

Riverstone Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverstone 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.riverstonehealth.org

What is the mission statement of Riverstone Health Foundation?

The Riverstone Health Foundation, established in 2008, is dedicated to enhancing life, health, and safety through philanthropic efforts. Its mission is to improve life, health, and safety by raising funds for accessible primary and dental healthcare, making medications more affordable, and providing medical supplies to underserved or vulnerable populations. Inspired by a desire to connect those with resources to those in need, the foundation partners with supporters to enhance the health, life, and safety of families and communities. Riverstone Health Foundation adheres to the "Donor Bill of Rights" and ensures that charitable donations are utilized for the purpose intended by the donor.


Official website here: www.riverstonehealth.org

Who is the CEO of Riverstone Health Foundation?

Barbara Schneeman is the Chair of Riverstone Health Foundation.


Official website here: www.riverstonehealth.org

What is the revenue of Riverstone Health Foundation?

Riverstone Health Foundation's revenue in 2022 was $943,359.


Official website here: www.riverstonehealth.org

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

There 111 volunteers at Riverstone Health Foundation.


Here are 12 key members and their salaries:


Ryan Nordlund (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Dorr (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Felton (Secretary)
  • Compensation: $0
  • Related: $339,436
  • Other: $48,811
Greg Wing (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Hedrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Mitchell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Royer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Beam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Woods (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristie Asay (Executive Director)
  • Compensation: $0
  • Related: $91,996
  • Other: $17,337
Barbara Schneeman (Manager Of Communication And Advocacy)
  • Compensation: $0
  • Related: $106,784
  • Other: $20,514


Official website here: www.riverstonehealth.org

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

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


Official website here: www.riverstonehealth.org

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

Mission Statement of Riverstone Health Foundation

Riverstone Health Foundation, established in 2008, is a philanthropic organization with a mission to enhance life, health, and safety within its community. The foundation's primary objective is to support Riverstone Health, augmenting accessible primary and dental healthcare services, making medications more affordable, and providing medical supplies to underserved or vulnerable populations. Inspired by the desire to connect those with resources to those in need, Riverstone Health Foundation collaborates with supporters who wish to improve the health, life, and safety of families and communities. Adhering to the "Donor Bill of Rights," the foundation ensures that charitable donations are utilized for their intended purposes.

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Impact




October, 2024

Riverstone Health Foundation significantly enhances the quality of life, health, and safety for underserved and vulnerable populations. By raising funds, the foundation improves access to primary and dental healthcare and helps make medications more affordable. It also provides essential medical supplies to those in need, ensuring that critical resources are available to families and communities in the Billings, MT area.

Incorporated in 2008, Riverstone Health Foundation operates with a clear mission to connect those with resources to those who require assistance, fostering partnerships with supporters dedicated to enriching the health and wellbeing of regional families. This commitment ensures that charitable donations are utilized effectively for their intended purposes, adhering to the "Donor Bill of Rights". Through its impactful initiatives, the foundation plays a vital role in promoting better health outcomes and enhancing the overall safety of the community.




This information is meant to be a general summary of Riverstone 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
$943,359 (2022)
Expenses
$632,727 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,836
  • Gross Receipts: $983,662

Assets and Liabilities:

  • Total Assets: $1,043,183
  • Total Liabilities: $82,958
  • Net Assets: $960,225

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Organization Details

Founding Year

2008

Principal Officer

Barbara Schneeman

Main Address

123 S 27TH ST, BILLINGS, MT, 59101

NTEE Category

Code: P20 - Human services

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