Overview
What is Good Samaritan Health Services Foundation?
Good Samaritan Health Services Foundation is a nonprofit organization situated in Rugby, North Dakota, with a primary mission to support the Good Samaritan Hospital Association. They fulfill this mission by fundraising, acting as goodwill ambassadors, and managing donations. The Foundation solicits contributions from various sources and ensures they are directed as intended. They also seek grants to support the hospital's strategic plan and manage these grants upon receipt. In fiscal year 2023, the Foundation continued fundraising for the construction of a new hospital, hosting events like the Greatest Needs Gala and Charity Golf Classic, and awarding the Carol Shively Memorial Scholarship for nursing students. Their goal is to provide financial resources for the hospital's advancement, including equipment and services, through effective fundraising strategies and relationship building with donors.
Official website here: www.hamc.com/foundation/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Good Samaritan Health Services Foundation holds an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The overall score reflects a strong commitment to transparency, with a perfect score in multiple evaluation criteria such as independent board membership and financial oversight. The foundation's program expense ratio of 91.5% suggests that a significant majority of its funds are allocated directly to its programs rather than administrative costs.
The organization has effectively established policies promoting good governance, including conflict of interest and whistleblower protections, which enhance its operational integrity. Its financial metrics, including a low liabilities-to-assets ratio, indicate robust financial stability, further bolstered by a substantial working capital ratio of 5.76 years, ensuring its sustainability.
However, while the foundation excels in financial accountability and governance, there is no specific information available regarding the outcomes or impact of its programs. This limitation could affect potential donors' understanding of the charity's effectiveness in meeting its mission. Overall, Good Samaritan Health Services Foundation demonstrates strong financial practices, but more insight into its programmatic success would be beneficial.
This AI summary has been generated from information found on Charity Navigator.
Is Good Samaritan Health Services Foundation legitimate?
Good Samaritan Health Services Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Good Samaritan Health Services 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.hamc.com/foundation/
What is the mission statement of Good Samaritan Health Services Foundation?
The Good Samaritan Health Services Foundation's mission is centered around providing financial support and acting in the best interests of a hospital association. This involves obtaining resources through building and maintaining relationships with donors, exploring new fundraising methods, and managing investments effectively. The primary goal is to facilitate the purchase of new equipment and services, as well as plant replacements, for the betterment of the hospital association's short-term and long-term needs.
Official website here: www.hamc.com/foundation/
Who is the CEO of Good Samaritan Health Services Foundation?
Erik Christenson is the President of Good Samaritan Health Services Foundation. The CEO's salary of Good Samaritan Health Services Foundation is $0 and their total compensation is $148,807.
Official website here: www.hamc.com/foundation/
What is the revenue of Good Samaritan Health Services Foundation?
Good Samaritan Health Services Foundation's revenue in 2023 was $3,817,323.
Official website here: www.hamc.com/foundation/
Who are the executives of Good Samaritan Health Services Foundation and what are their salaries?
There 40 volunteers at Good Samaritan Health Services Foundation.
Here are 12 key members and their salaries (Good Samaritan Health Services Foundation's CEO's salary is $0 and their total compensation is $148,807):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $13,825
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $27,314
- Other: $289
- Compensation: $0
- Related: $24,702
- Other: $7,176
- Compensation: $0
- Related: $115,389
- Other: $33,418
- Compensation: $0
- Related: $134,475
- Other: $12,118
Official website here: www.hamc.com/foundation/
Where can I find the form 990 for Good Samaritan Health Services Foundation?
Good Samaritan Health Services Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hamc.com/foundation/
Learn more at the official website: www.hamc.com/foundation/
Mission Statement of Good Samaritan Health Services Foundation
Good Samaritan Health Services Foundation is committed to supporting the advancement of medical, scientific, nursing, and healthcare delivery for the Good Samaritan Hospital Association. Their mission is twofold. Firstly, they aim to provide financial resources to meet both short-term and long-term needs of the association. This includes investing in new equipment, services, and plant replacement. Secondly, they strive to act in the best interests of the association by building and maintaining relationships with potential donors, managing relationships with existing donors, and exploring innovative fundraising methods to improve upon current ones. The Foundation also participates in the prudent management of all investments, ensuring they benefit the Good Samaritan Hospital Association.
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Impact
October, 2024
Good Samaritan Health Services Foundation has a significant impact on the healthcare landscape in Rugby, ND, by advancing medical, scientific, nursing, and health care delivery through targeted support for the Good Samaritan Hospital Association. By focusing on fundraising and securing financial pledges, the Foundation plays a crucial role in enhancing the physical and spiritual wellbeing of the communities it serves.
In fiscal year 2023, the Foundation successfully continued its Build 2023 capital campaign, contributing to the construction costs of a new hospital. This effort not only modernizes healthcare facilities but also signifies a long-term commitment to community health. The Foundation's annual fundraising events, including the Greatest Needs Gala and the Charity Golf Classic, are instrumental in generating resources that directly support these essential projects.
In addition to capital campaigns, the Foundation awards scholarships like the $500 Carol Shively Memorial Scholarship, fostering local talent in nursing and healthcare professions. This not only helps individuals pursue their educational goals but also strengthens the local workforce in critical areas of health services.
By actively managing donor relationships and seeking grant opportunities aligned with the strategic needs of the Good Samaritan Hospital Association, the Foundation ensures that contributions are directed effectively where they are most needed. Overall, the Good Samaritan Health Services Foundation exemplifies a dedicated effort to enhance healthcare delivery and invest in the future of the community’s health services.
This information is meant to be a general summary of Good Samaritan Health Services 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 2023.
- Investment Income: $64,890
- Gross Receipts: $3,840,078
Assets and Liabilities:
- Total Assets: $4,339,404
- Total Liabilities: $653,691
- Net Assets: $3,685,713
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Organization Details
Founding Year
1987
Phone
(701) 776-5455Principal Officer
Erik Christenson
Main Address
800 S Main Avenue, Rugby, ND, 58368
Website
www.hamc.com/foundation/NTEE Category
Code: E112 - Health
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