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Schell Memorial Fund For The Benefit Of Union Hospital

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

EIN: 356011756 ✦ Terre haute, IN ✦ Designated as a 501(c)(3)

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Overview

What is Schell Memorial Fund For The Benefit Of Union Hospital?

The Schell Memorial Fund For The Benefit Of Union Hospital is a charitable trust, established with the primary goal of supporting the medical needs of impoverished residents from Owen County, Indiana. Specifically, the fund's net income is allocated towards covering the costs of care and treatment for these individuals within Union Hospital in Terre Haute, Indiana. The trust strictly adheres to this mission, ensuring that the required net income is consistently distributed to Union Hospital to uphold its commitment to providing essential healthcare services to the underprivileged.

Is Schell Memorial Fund For The Benefit Of Union Hospital legitimate?

Schell Memorial Fund For The Benefit Of Union Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schell Memorial Fund For The Benefit Of Union Hospital submitted a form 990EZ, 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

What is the mission statement of Schell Memorial Fund For The Benefit Of Union Hospital?

The Schell Memorial Fund has a specific mission aimed at supporting the healthcare needs of disadvantaged individuals. The primary objective of this fund is to utilize its earnings to cover the expenses related to the care and treatment of impoverished patients hailing from Owen County, Indiana. These medical services are provided at Union Hospital in Terre Haute, Indiana. The fund is obligated to distribute its net income solely for this purpose, ensuring that Union Hospital can continue to offer essential medical services to those in need.

What is the revenue of Schell Memorial Fund For The Benefit Of Union Hospital?

Schell Memorial Fund For The Benefit Of Union Hospital's revenue in 2024 was $9,557.

Who are the executives of Schell Memorial Fund For The Benefit Of Union Hospital and what are their salaries?

There is 1 key member and their salary:


First Financial Bank Na (Trustee)
  • Compensation: $2,208
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Schell Memorial Fund For The Benefit Of Union Hospital?

Schell Memorial Fund For The Benefit Of Union Hospital's most recent form 990EZ was submitted in 2024 and can be accessed here.

Mission Statement of Schell Memorial Fund For The Benefit Of Union Hospital

The Schell Memorial Fund for the Benefit of Union Hospital is a charitable entity dedicated to a noble cause. Its primary mission is to utilize its earnings for the sole purpose of covering the medical expenses and treatment of indigent patients hailing from Owen County, Indiana. This fund is obligated to channel its net income directly to Union Hospital in Terre Haute, Indiana, ensuring that the less fortunate individuals in this specific region receive the necessary medical care they require.

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Impact




October, 2024

The Schell Memorial Fund significantly impacts the healthcare landscape for impoverished patients in Owen County, Indiana. By providing financial assistance specifically for their care and treatment at Union Hospital in Terre Haute, the fund addresses a critical gap in healthcare access for those in need. The net income generated from the trust is dedicated exclusively to covering medical expenses for these patients, ensuring that financial barriers do not prevent them from receiving the necessary treatment. As a result, the fund plays a vital role in enhancing health outcomes and improving the quality of life for vulnerable individuals in the community.




This information is meant to be a general summary of Schell Memorial Fund For The Benefit Of Union Hospital. 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
$9,557 (2024)
Expenses
$5,903 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $4,931
  • Gross Receipts: $19,790

Assets and Liabilities:

  • Total Assets: $152,051
  • Total Liabilities: $0
  • Net Assets: $152,051

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Organization Details

Principal Officer

First Financial Bank Na

NTEE Category

Code: E22I - Health

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