Overview
What is Riverside Healthcare Foundation?
The Riverside Healthcare Foundation is a nonprofit organization situated in Kankakee, Illinois, with an address at 350 N Wall Street. Its primary objective is to support and promote charitable activities that aim to enhance and safeguard the health and well-being of individuals. The Foundation specifically focuses on backing organizations such as Oakside Corporation, Riverside Senior Living Center, and Riverside Medical Center, which all fall under the category of Section 501(c)(3) of the Internal Revenue Code. By offering donations, loans, or other forms of support, the Foundation contributes to educational programs, scientific research, treatment facilities, hospitals, rehabilitation centers, housing centers, and human services programs, ultimately bettering the lives of many.
Official website here: www.riversidehealthcare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%, Four-Star out of Four Star rating. This high rating reflects the Riverside Healthcare Foundation's strong commitment to accountability and financial health, as evidenced by a perfect score in this category. The foundation's comprehensive evaluation indicates effective governance and responsible financial management.
The organization has demonstrated robust leadership, with 90% of its board members being independent. This indicates a commitment to unbiased decision-making. Furthermore, the foundation has implemented multiple policies regarding conflict of interest, whistleblowing, and document retention, which contribute to transparency and trustworthiness in its operations.
Despite its strengths, there is a minor area of concern regarding program expenses, with a score of 68.81%. While this figure suggests that the foundation allocates a significant portion of its budget to programs, it is slightly below the optimal threshold. Overall, the Riverside Healthcare Foundation exhibits a strong financial profile and governance framework, though there may be room for improvement in maximizing program funding efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is Riverside Healthcare Foundation legitimate?
Riverside Healthcare Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverside Healthcare 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.riversidehealthcare.org
What is the mission statement of Riverside Healthcare Foundation?
The Riverside Healthcare Foundation, established with the purpose of donation, loan, or other means, is dedicated to promoting and supporting charitable activities that aim to enhance and safeguard the health and well-being of all individuals. The foundation specifically focuses on funding educational programs, scientific research, healthcare facilities, rehabilitation centers, housing projects, and human services programs that align with this mission. Additionally, the foundation shows particular interest in supporting certain Illinois-based not-for-profit organizations, including Oakside Corporation, Riverside Senior Living Center, and Riverside Medical Center. These organizations, as well as others affiliated with them, fall under Section 501(c)(3) of the Internal Revenue Code.
Official website here: www.riversidehealthcare.org
Who is the CEO of Riverside Healthcare Foundation?
Unavailable
Official website here: www.riversidehealthcare.org
What is the revenue of Riverside Healthcare Foundation?
Riverside Healthcare Foundation's revenue in 2022 was $1,734,564.
Official website here: www.riversidehealthcare.org
Who are the executives of Riverside Healthcare Foundation and what are their salaries?
There 50 volunteers at Riverside Healthcare Foundation.
Here are 26 key members and their salaries:
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- Related: $1,194,330
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- Related: $201,300
- Other: $43,097
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- Related: $180,463
- Other: $45,311
Official website here: www.riversidehealthcare.org
Where can I find the form 990 for Riverside Healthcare Foundation?
Riverside Healthcare Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.riversidehealthcare.org
Learn more at the official website: www.riversidehealthcare.org
Mission Statement of Riverside Healthcare Foundation
Riverside Healthcare Foundation, an established organization, is dedicated to promoting better health and welfare for all individuals through charitable contributions, loans, or other means. Their mission encompasses supporting educational programs, conducting scientific research, establishing treatment facilities, hospitals, and rehabilitation centers. They also extend their reach to housing centers and human services programs, all with the goal of improving and safeguarding the health and well-being of the community.
The Foundation shows a particular interest in collaborating with various Illinois-based not-for-profit organizations, such as Oakside Corporation, Riverside Senior Living Center, and Riverside Medical Center. These partnerships allow them to offer a broader scope of services, including those that fall under Section 501(c)(3) of the Internal Revenue Code. By supporting these organizations, Riverside Healthcare Foundation aims to make a significant impact on the community, contributing to a healthier and more supportive environment for all.
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Impact
October, 2024
Riverside Healthcare Foundation significantly impacts the community by enhancing access to essential health and welfare services. It supports a variety of initiatives aimed at improving educational programs, advancing scientific research, and upgrading treatment facilities. This includes providing resources for hospitals, rehabilitation centers, and housing centers, which together foster a holistic approach to health and well-being.
In particular, the Foundation advocates for organizations such as Oakside Corporation, Riverside Senior Living Center, and Riverside Medical Center, all of which play critical roles in serving the local population's needs. By facilitating donations and loans, the Foundation ensures that vital human services programs are maintained and expanded, ultimately contributing to a healthier community in Kankakee, Illinois.
Through these efforts, the Foundation champions the interests of underserved populations and promotes initiatives that enrich the quality of life for all individuals, embodying a commitment to protect and enhance community health.
This information is meant to be a general summary of Riverside Healthcare 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $444,979
- Gross Receipts: $11,505,711
Assets and Liabilities:
- Total Assets: $37,211,203
- Total Liabilities: $26,743
- Net Assets: $37,184,460
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Organization Details
Founding Year
1983
Phone
(815) 933-7799Main Address
350 N Wall Street, Kankakee, IL, 60901
Website
www.riversidehealthcare.orgNTEE Category
Code: E12 - Health
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