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Henry County Memorial Hosp Foundat

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

EIN: 356042246 ✦ New castle, IN ✦ Designated as a 501(c)(3)

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Overview

What is Henry County Memorial Hosp Foundat?

Henry County Memorial Hosp Foundat is a nonprofit corporation established to support the health care needs of the citizens in Henry County, Indiana. Their primary mission is to aid the county-owned Henry County Hospital in New Castle, IN, and other non-profit health facilities serving the area. One of their significant initiatives is the Life Line Program, which rents personal call units to elderly residents of Henry County to maintain their independence at home. By offering these units on a monthly basis, the Foundation helps individuals avoid the additional costs associated with assisted living facilities or nursing homes. The organization operates with a dedicated team of four employees.

Is Henry County Memorial Hosp Foundat legitimate?

Henry County Memorial Hosp Foundat is a legitimate nonprofit organization registered as a 501(c)(3) entity. Henry County Memorial Hosp Foundat 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: $71,970
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,497

For more financial information, click here

What is the mission statement of Henry County Memorial Hosp Foundat?

The Henry County Memorial Hosp Foundat has been established to serve the health care needs of the citizens in Henry County. It operates primarily for the benefit of the county-owned hospital in New Castle, as well as other non-profit facilities and services. Its mission is to support these entities, ensuring they can provide essential health care services to the community. The foundation also offers the Life Line program, which provides personal call units to elderly residents on a monthly basis. This service allows individuals to quickly access medical and other forms of assistance, enabling them to stay in their own homes longer rather than incurring additional costs associated with assisted living facilities or nursing homes.

Who is the CEO of Henry County Memorial Hosp Foundat?

Brian Ring is the President of Henry County Memorial Hosp Foundat.

What is the revenue of Henry County Memorial Hosp Foundat?

Henry County Memorial Hosp Foundat's revenue in 2022 was $2,863,703.

Who are the executives of Henry County Memorial Hosp Foundat and what are their salaries?

The average compensation at Henry County Memorial Hosp Foundat during 2022 was $22,617. There are 4 employees and 5 volunteers at Henry County Memorial Hosp Foundat.


Here are 17 key members and their salaries:


Brian Ring (President)
  • Compensation: $31,750
  • Related: $0
  • Other: $0
Vanessa Tucker (Asst Sec/Tre)
  • Compensation: $20,220
  • Related: $0
  • Other: $0
Darin Brown (Treasurer)
  • Compensation: $20,000
  • Related: $0
  • Other: $0
Sarah Bowman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Estelle (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erika Gilman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duke Hamm (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Harvey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Koontz (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wylie Mcglothlin Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Siewert Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Margison (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Myers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Pidgeon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Nathan Rich (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Weimer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Wilkinson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Henry County Memorial Hosp Foundat?

Henry County Memorial Hosp Foundat's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Henry County Memorial Hosp Foundat

The Henry County Memorial Hospital Foundation has been established with a mission to serve and benefit the health care needs of the citizens in Henry County. Specifically, the foundation operates for the use of the county-owned Henry County Hospital located in New Castle, as well as other non-profit facilities and services. This organization is dedicated to enhancing the well-being of the community by providing essential health care services.

In addition to its primary mission, the Henry County Memorial Hospital Foundation offers a Life Line program. This program rents personal call units to residents of Henry County on a monthly basis. These units, known as Life Line personal call units, enable elderly individuals to quickly connect with medical assistance and other forms of help within their own homes. By providing this service, the foundation aims to help seniors maintain their independence for as long as possible, thereby avoiding the additional costs associated with assisted living facilities or nursing homes. The program started with 700 subscribers and subsequently saw a decrease to 566 at its conclusion. This suggests that the foundation is committed to delivering a valuable service to its community, even as its subscriber base evolves.

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Impact




October, 2024

Henry County Memorial Hospital Foundation significantly impacts the health and well-being of the citizens of Henry County, Indiana, by supporting the county-owned hospital and various healthcare services. One of its key initiatives is the Life Line Program, which provides personal call units for elderly residents, enabling them to access medical assistance quickly from the comfort of their homes. This program not only enhances the safety and security of older adults but also promotes independent living by reducing the need for costly assisted living or nursing home placements. Although the Life Line Program initially served 700 subscribers, a drop to 566 indicates the fluctuating challenges in meeting the continual healthcare needs of the community. Overall, the foundation plays a vital role in ensuring that residents receive essential healthcare services and support, fostering a healthier community.




This information is meant to be a general summary of Henry County Memorial Hosp Foundat. 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
$2,863,703 (2022)
Expenses
$1,547,995 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$190,306
  • Program Service Revenue: $267,676
  • Gross Receipts: $19,377,879

Assets and Liabilities:

  • Total Assets: $69,613,126
  • Total Liabilities: $5,394,350
  • Net Assets: $64,218,776

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Programs

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

LIFELINE SERVICES

Revenue

$157,676

CONTRACT SERVICES

Revenue

$110,000

Organization Details

Founding Year

1954

Principal Officer

Brian Ring

Main Address

PO BOX 490, NEW CASTLE, IN, 47362

NTEE Category

Code: E110 - Health

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