Overview
What is Perry Memorial Hospital Foundation?
Perry Memorial Hospital Foundation is a nonprofit organization based in Princeton, Illinois. Its primary mission is to improve the services and facilities at Perry Memorial Hospital by managing charitable contributions and funding projects or purchasing necessary equipment. The foundation's goal is to enhance the quality of life for those served by the hospital, contributing to its overall success through philanthropy. With a small team of dedicated individuals, the Perry Memorial Hospital Foundation plays a crucial role in supporting the hospital and its clinics.
Official website here: www.perrymemorial.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Perry Memorial Hospital Foundation holds an 83% rating from Charity Navigator, reflecting a commendable level of accountability and financial management. This score is based solely on accountability and finance metrics, demonstrating the foundation's strong governance practices, such as having a fully independent board and no material diversion of assets.
Strengths of the organization include a high program expense ratio of 86.45%, indicating that a substantial portion of their funds is directed towards their programs rather than administrative costs. The foundation benefits from having all board members be independent, contributing to effective oversight and decision-making processes. However, it has been noted that certain policies, such as the whistleblower policy and document retention protocols, are missing, which points to areas for improvement in their governance framework.
Overall, while the Perry Memorial Hospital Foundation shows strong financial accountability and a commitment to its mission, addressing the gaps in policy documentation could enhance its governance standards further. The foundation's transparency regarding the salaries of key personnel also reflects a commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Perry Memorial Hospital Foundation legitimate?
Perry Memorial Hospital Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Perry Memorial Hospital 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: $10,200
For more financial information, click here
Official website here: www.perrymemorial.org
What is the mission statement of Perry Memorial Hospital Foundation?
The Perry Memorial Hospital Foundation's mission is to enhance the quality of life for those served by Perry Memorial Hospital. This is accomplished through philanthropy. The foundation provides financial support to enhance the hospital's services by funding projects or purchasing equipment. They develop, manage, and grant charitable contributions to support technology and facility improvements at Perry Memorial Hospital. The objective of the Perry Memorial Hospital Foundation is to improve the healthcare services offered to the community.
Official website here: www.perrymemorial.org
Who is the CEO of Perry Memorial Hospital Foundation?
Susan Spratt is the President of Perry Memorial Hospital Foundation.
Official website here: www.perrymemorial.org
What is the revenue of Perry Memorial Hospital Foundation?
Perry Memorial Hospital Foundation's revenue in 2021 was $110,723.
Official website here: www.perrymemorial.org
Who are the executives of Perry Memorial Hospital Foundation and what are their salaries?
The average compensation at Perry Memorial Hospital Foundation during 2021 was $10,200. There is 1 employee and 5 volunteers at Perry Memorial Hospital Foundation.
Here are 6 key members and their salaries:
- Compensation: $10,200
- 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: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.perrymemorial.org
Where can I find the form 990 for Perry Memorial Hospital Foundation?
Perry Memorial Hospital Foundation's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.perrymemorial.org
Learn more at the official website: www.perrymemorial.org
Mission Statement of Perry Memorial Hospital Foundation
Perry Memorial Hospital Foundation, a philanthropic organization, plays a vital role in enhancing the quality of life for individuals served by Perry Memorial Hospital. Their mission, executed through philanthropy, is to provide financial support that enables the hospital and its clinics to enhance their services. This support is achieved by funding projects or purchasing necessary equipment. By doing so, the foundation contributes to the overall improvement of medical facilities and technologies, ultimately benefiting the community they serve.
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Impact
October, 2024
Perry Memorial Hospital Foundation significantly enhances the quality of life for the community it serves by providing crucial financial support to Perry Memorial Hospital and its clinics. Through dedicated fundraising efforts, the foundation funds projects and acquires essential equipment, which directly improves healthcare services. By focusing on technology and facility enhancements, the foundation plays a vital role in ensuring that the hospital remains equipped to meet the evolving needs of patients. This commitment to philanthropy not only supports the hospital but also fosters a healthier community in Princeton, IL.
This information is meant to be a general summary of Perry Memorial Hospital 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 2021.
- Investment Income: $94,096
- Gross Receipts: $110,723
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1991
Phone
(815) 876-4481Principal Officer
Susan Spratt
Main Address
530 PARK AVE EAST, PRINCETON, IL, 61356
Website
www.perrymemorial.orgNTEE Category
Code: X99Z - Religion related
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