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Beth Israel Deaconess Department Of Emergency Medicine Foundation Inc

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

EIN: 364803234 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Beth Israel Deaconess Department Of Emergency Medicine Foundation Inc?

Beth Israel Deaconess Department of Emergency Medicine Foundation Inc is a nonprofit organization headquartered in Boston, Massachusetts. Its primary mission is to support the patient care, research, and teaching initiatives of Beth Israel Deaconess Medical Center (BIDMC) and Harvard Medical Faculty Physicians (HMFP). The foundation, led by Richard Wolfe, strives to advance medical research, provide instruction, and contribute to public health improvement. Through its efforts, the foundation aims to strengthen the patient care, research, and teaching missions at BIDMC and HMFP, as well as promote learning and research at Harvard College/Harvard Medical School (HMS).

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (60%, Two-Star out of Four Star rating)

The Beth Israel Deaconess Department Of Emergency Medicine Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its accountability and finances. The organization has a low score for independent board members, with 0% of board members being independent, which could raise concerns about governance and oversight. However, it has demonstrated a strong commitment to program expenses, achieving a 100% program expense ratio.

The foundation has some positive attributes, including no material diversion of assets and a good liabilities to assets ratio of 0.21%. It has established a conflict of interest policy and maintains documentation of board meeting minutes, which reflects a level of organization and responsibility. Nevertheless, important policies such as a whistleblower policy and document retention and destruction policy are missing, which diminishes the overall governance framework.

Additionally, the foundation's website is not properly disclosed on its tax form, and key documents like the tax form itself are not posted on its website. These omissions suggest a lack of transparency that could affect stakeholder confidence. Overall, while the foundation shows promise in its programmatic focus, it must enhance its governance practices and transparency to improve its rating and public trust.


This AI summary has been generated from information found on Charity Navigator.

Is Beth Israel Deaconess Department Of Emergency Medicine Foundation Inc legitimate?

Beth Israel Deaconess Department Of Emergency Medicine Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beth Israel Deaconess Department Of Emergency Medicine Foundation Inc 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

What is the mission statement of Beth Israel Deaconess Department Of Emergency Medicine Foundation Inc?

The mission of Beth Israel Deaconess Department of Emergency Medicine Foundation Inc. is centered around supporting the patient care, research, and teaching missions of Beth Israel Deaconess Medical Center (BIDMC) and Harvard Medical Faculty Physicians at BIDMC. Additionally, the foundation aims to contribute to teaching and research at the President and Fellows of Harvard College/Harvard Medical School (HMS). In essence, the foundation's role is to enhance healthcare through medical research, instruction, and public health improvement.

Who is the CEO of Beth Israel Deaconess Department Of Emergency Medicine Foundation Inc?

Richard Wolfe is the Director (Ex-Officio) of Beth Israel Deaconess Department Of Emergency Medicine Foundation Inc.

What is the revenue of Beth Israel Deaconess Department Of Emergency Medicine Foundation Inc?

Beth Israel Deaconess Department Of Emergency Medicine Foundation Inc's revenue in 2022 was $39,151.

Who are the executives of Beth Israel Deaconess Department Of Emergency Medicine Foundation Inc and what are their salaries?


Here are 6 key members and their salaries:


Kimball Md Mph Alexa B (Director (Ex-Officio))
  • Compensation: $0
  • Related: $1,043,010
  • Other: $94,462
Wolfe Md Richard E (Director (Ex-Off) & Pres.)
  • Compensation: $0
  • Related: $681,512
  • Other: $61,344
Rosen Md Carlo (Director)
  • Compensation: $0
  • Related: $527,244
  • Other: $41,148
Burns Md Michael J (Director)
  • Compensation: $0
  • Related: $517,577
  • Other: $36,149
Shillin Gary L (Clerk & Cao)
  • Compensation: $0
  • Related: $331,542
  • Other: $73,702
Edlow Md Jonathan A (Treasurer)
  • Compensation: $0
  • Related: $121,153
  • Other: $34,824
Where can I find the form 990 for Beth Israel Deaconess Department Of Emergency Medicine Foundation Inc?

Beth Israel Deaconess Department Of Emergency Medicine Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Beth Israel Deaconess Department Of Emergency Medicine Foundation Inc

The Beth Israel Deaconess Department of Emergency Medicine Foundation Inc is committed to supporting the patient care, research, and teaching missions of Beth Israel Deaconess Medical Center (BIDMC) and Harvard Medical Faculty Physicians at BIDMC (HMFP). Additionally, the foundation contributes to teaching and research at the President and Fellows of Harvard College/Harvard Medical School (HMS). In essence, the organization aims to enhance the healthcare services, conduct groundbreaking research, and educate future medical professionals at these esteemed institutions.

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Impact




October, 2024

Beth Israel Deaconess Department of Emergency Medicine Foundation Inc plays a crucial role in enhancing medical research, education, and public health initiatives. By supporting the patient care, research, and teaching missions of the Beth Israel Deaconess Medical Center (BIDMC) and Harvard Medical Faculty Physicians, the foundation contributes significantly to the advancement of emergency medicine.

Under the leadership of Richard Wolfe, the foundation empowers medical professionals through instruction and training, ensuring they are equipped with the latest knowledge and skills. This not only enhances patient care but also fosters an environment of continuous learning and innovation within the medical community.

Moreover, the foundation actively contributes to public health improvement by funding research aimed at addressing pressing health issues. This focus on evidence-based practices supports the development of new treatments and protocols, ultimately benefiting patients and enhancing healthcare outcomes in Boston and beyond. Through these efforts, the foundation makes a lasting impact on the health and well-being of the communities it serves.




This information is meant to be a general summary of Beth Israel Deaconess Department Of Emergency Medicine Foundation Inc. 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
$39,151 (2022)
Expenses
$8,714 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $39,141
  • Program Service Revenue: $10
  • Gross Receipts: $39,151

Assets and Liabilities:

  • Total Assets: $1,999,613
  • Total Liabilities: $4,236
  • Net Assets: $1,995,377

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Programs

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

EXTERNAL REVENUE ADMIN

Revenue

$10

Organization Details

Founding Year

2015

Principal Officer

Richard Wolfe

Main Address

330 BROOKLINE AVENUE WCC-2, BOSTON, MA, 02215

NTEE Category

Code: E19 - Health

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