Overview
What is The Carle Foundation?
The Carle Foundation is a nonprofit organization based in Urbana, Illinois, serving as the parent corporation for an integrated healthcare delivery network. It provides financial and management assistance to affiliated healthcare organizations, including Carle Foundation Hospital and Carle Health Care Incorporated, among others. The foundation owns and deals with real property and assets for public use, contracts with various entities for charitable purposes, and offers facilities and assets in furtherance of its charitable missions. The Carle Foundation aims to be the trusted partner in healthcare decisions, providing accessible, world-class care and service to improve overall health. With a workforce of approximately 2,860 employees, it operates to benefit and support its affiliated healthcare organizations, ultimately enhancing the health and well-being of the communities it serves.
Official website here: www.carle.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: One-Star out of Four Stars (56%)
The Carle Foundation has received a One-Star rating from Charity Navigator, indicating concerns regarding its accountability and financial management. While the organization shows strengths in areas such as board independence and conflict of interest policies, its overall score reflects significant weaknesses in financial transparency and program expenses.
One of the key highlights is that the foundation has a fully independent board, which may contribute to better governance practices. However, the low program expense ratio of 49.41% raises questions about the efficiency with which the funds are allocated towards its mission. Additionally, the absence of the tax form on the nonprofit's website suggests a lack of transparency that could impact donor trust.
Overall, while The Carle Foundation demonstrates solid governance structures, its financial management practices, particularly regarding the allocation of expenses, require improvement to enhance its accountability and effectiveness as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Carle Foundation legitimate?
The Carle Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Carle 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: $10,399,542
Professional Fundraising Fees: $0
Other Salaries and Wages: $167,937,889
For more financial information, click here
Official website here: www.carle.org
What is the mission statement of The Carle Foundation?
The Carle Foundation serves as a supportive partner in all healthcare decisions, striving to enhance overall health and wellbeing. It provides financial and managerial assistance to affiliated healthcare organizations, contributing to their charitable purposes as a public charity under Section 501(c)(3). The organization deals with various entities, including for-profit and non-profit organizations, individuals, and governmental agencies, to further its charitable objectives. The Carle Foundation owns or manages facilities and assets for public use, all in support of the healthcare organizations it assists.
Official website here: www.carle.org
Who is the CEO of The Carle Foundation?
James C Leonard Md is the CEO of The Carle Foundation The CEO's salary of The Carle Foundation is $5,690,001 and their total compensation is $5,726,886.
Official website here: www.carle.org
What is the revenue of The Carle Foundation?
The Carle Foundation's revenue in 2023 was $575,377,812.
Official website here: www.carle.org
Who are the executives of The Carle Foundation and what are their salaries?
The average compensation at The Carle Foundation during 2023 was $56,472. There are 3158 employees at The Carle Foundation.
Here are 29 key members and their salaries (The Carle Foundation's CEO's salary is $5,690,001 and their total compensation is $5,726,886):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $589,881
- Other: $35,685
- Compensation: $0
- Related: $406,916
- Other: $34,166
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $800,495
- Other: $38,164
- Compensation: $0
- Related: $985,346
- Other: $23,172
- Compensation: $1,395,995
- Related: $0
- Other: $366,889
- Compensation: $5,690,001
- Related: $0
- Other: $36,885
- Compensation: $945,711
- Related: $0
- Other: $209,640
- Compensation: $926,444
- Related: $0
- Other: $234,361
- Compensation: $1,567,332
- Related: $0
- Other: $363,305
- Compensation: $940,875
- Related: $0
- Other: $115,459
- Compensation: $364,372
- Related: $0
- Other: $68,059
- Compensation: $612,255
- Related: $0
- Other: $136,585
- Compensation: $654,000
- Related: $0
- Other: $124,899
- Compensation: $815,721
- Related: $0
- Other: $35,766
- Compensation: $722,013
- Related: $0
- Other: $95,920
- Compensation: $653,588
- Related: $0
- Other: $33,314
- Compensation: $637,115
- Related: $0
- Other: $140,969
- Compensation: $0
- Related: $283,640
- Other: $35,014
- Compensation: $0
- Related: $674,881
- Other: $36,405
Official website here: www.carle.org
Where can I find the form 990 for The Carle Foundation?
The Carle Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.carle.org
Learn more at the official website: www.carle.org
Mission Statement of The Carle Foundation
The Carle Foundation, a trusted nonprofit organization, is dedicated to being an essential partner in all healthcare decisions and enhancing overall health by delivering highly accessible, world-class care and service. By acting as the parent corporation for an integrated healthcare network, The Carle Foundation offers financial and management assistance to its affiliated healthcare organizations, which include Carle Foundation Hospital, Carle Health Care Incorporated, The Carle Development Foundation, and any other qualified not-for-profit corporations.
To further support its charitable purposes, The Carle Foundation manages various real estate properties and interests, enters into contracts with individuals, organizations, and governmental agencies, and operates facilities or owns assets for public use and welfare. With a primary focus on advancing the missions of its affiliated healthcare organizations, The Carle Foundation acts as a crucial catalyst in providing exceptional healthcare services and resources.
In summary, The Carle Foundation is a dedicated and influential nonprofit organization that offers its expertise and resources in support of its affiliated healthcare organizations. By providing financial and management assistance, real estate management, and strategic partnerships, The Carle Foundation plays a vital role in ensuring the success and growth of its healthcare network, ultimately leading to improved health and wellbeing for the communities it serves.
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Impact
October, 2024
The Carle Foundation significantly impacts healthcare by serving as an integrated healthcare delivery network that ensures highly accessible, world-class care and services. It acts as a trusted partner for individuals making important healthcare decisions, enhancing overall community health through exceptional medical services.
Through its affiliations with organizations like Carle Foundation Hospital and Carle Health Care Incorporated, the foundation provides crucial financial and management support, enabling these healthcare entities to deliver high-quality care. By facilitating access to state-of-the-art medical facilities and resources, The Carle Foundation bolsters public welfare and promotes a healthier population.
Moreover, by acquiring and managing properties and resources necessary for healthcare delivery, The Carle Foundation strengthens its mission to improve health outcomes in Urbana, Illinois, and beyond. Its collaborations with various organizations, both nonprofit and for-profit, further extend its reach and effectiveness in meeting community health needs. Overall, The Carle Foundation plays a pivotal role in ensuring that individuals receive the healthcare they require while fostering a system dedicated to their well-being.
This information is meant to be a general summary of The Carle 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: $33,769,745
- Program Service Revenue: $529,712,604
- Gross Receipts: $719,188,405
Assets and Liabilities:
- Total Assets: $2,988,243,749
- Total Liabilities: $1,168,248,950
- Net Assets: $1,819,994,799
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent from Related Organizations
Revenue
$70,826,805
Management Fees
Revenue
$451,422,379
Internal Support Services
Revenue
$4,514,026
Workforce Revenue
Revenue
$33,668
Catering Revenue
Revenue
$1,761
Organization Details
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