Overview
What is The Hopedale Medical Foundation?
The Hopedale Medical Foundation is a not-for-profit charitable corporation headquartered in Hopedale, Illinois. Established in 1955, it operates the Hopedale Medical Complex, which comprises a 25-bed acute care hospital, nursing home, independent and assisted living facility, and a wellness center. The complex offers a range of healthcare services including a 24-hour emergency room, ICU, surgeries, and diagnostic imaging. Embracing a personal, private, family atmosphere, it serves the medical needs of the local community within a 50-mile radius. The Hopedale Medical Complex has a dedicated team of healthcare professionals and policies ensuring access to healthcare services regardless of ability to pay. The wellness center features sports medicine programs, indoor gym, therapy pools, and daycare, among other amenities. The foundation's board of directors comprises community leaders representing various industries and backgrounds. With over 400 employees, the organization's mission is to deliver exceptional physician-directed health, wellness, and residential services.
Official website here: www.hopedalemc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating) from Charity Navigator.
The Hopedale Medical Foundation has achieved a high rating of 96% from Charity Navigator, reflecting strong accountability and financial management. This score emphasizes that the organization operates with transparency and responsibility, as indicated by a perfect score in multiple areas of governance and oversight.
The foundation boasts a majority of independent board members, demonstrating a commitment to impartial decision-making. Additionally, the organization maintains robust financial practices, with a substantial portion of its expenses directed towards programs, showcasing an effective allocation of resources to fulfill its mission.
While the organization appears to excel in financial accountability and governance, there are no specific limitations or concerns highlighted in the available data. Overall, the Hopedale Medical Foundation stands out as a well-managed nonprofit dedicated to its healthcare-related objectives.
This AI summary has been generated from information found on Charity Navigator.
Is The Hopedale Medical Foundation legitimate?
The Hopedale Medical Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Hopedale Medical 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: $784,018
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,954,785
For more financial information, click here
Official website here: www.hopedalemc.com
What is the mission statement of The Hopedale Medical Foundation?
The Hopedale Medical Foundation is dedicated to providing exceptional physician-directed health, wellness, and residential services in a personal, private, family-oriented atmosphere. Operating as a not-for-profit charitable corporation, it offers a continuum of care that includes a critical access hospital, nursing home, independent and assisted living facility, and a wellness center. The foundation's mission extends beyond healthcare, with a focus on community engagement and financial assistance programs to ensure equitable access to necessary services for all. The healthcare staff comprises trained professionals who work together to provide the best possible care for their patients. The organization's policies prioritize fairness and compassion, with assistance available for those without insurance coverage. The emergency room is open 24/7 for all individuals, regardless of their ability to pay. The Medical Foundation's board of directors is composed of community leaders representing various backgrounds and industries. The medical staff welcomes qualified physicians from the area, and the organization participates in various government-sponsored healthcare programs, offering benefits to patients and the community.
Official website here: www.hopedalemc.com
Who is the CEO of The Hopedale Medical Foundation?
Emily Whitson is the Director of The Hopedale Medical Foundation. The CEO's salary of The Hopedale Medical Foundation is $0 and their total compensation is $0.
Official website here: www.hopedalemc.com
What is the revenue of The Hopedale Medical Foundation?
The Hopedale Medical Foundation's revenue in 2022 was $37,057,964.
Official website here: www.hopedalemc.com
Who are the executives of The Hopedale Medical Foundation and what are their salaries?
The average compensation at The Hopedale Medical Foundation during 2022 was $37,871. There are 442 employees and 62 volunteers at The Hopedale Medical Foundation.
Here are 15 key members and their salaries (The Hopedale Medical Foundation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $93,853
- Related: $0
- Other: $0
- Compensation: $225,000
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $281,718
- Related: $0
- Other: $41,105
- Compensation: $133,844
- Related: $0
- Other: $15,253
- Compensation: $323,746
- Related: $0
- Other: $0
- Compensation: $281,606
- Related: $0
- Other: $34,849
- Compensation: $231,086
- Related: $0
- Other: $32,004
- Compensation: $231,784
- Related: $0
- Other: $27,529
- Compensation: $192,282
- Related: $0
- Other: $38,642
Official website here: www.hopedalemc.com
Where can I find the form 990 for The Hopedale Medical Foundation?
The Hopedale Medical Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hopedalemc.com
Learn more at the official website: www.hopedalemc.com
Mission Statement of The Hopedale Medical Foundation
The Hopedale Medical Foundation, a not-for-profit charitable corporation, is dedicated to providing outstanding physician-directed health, wellness, and residential services in a personal, private, family atmosphere. This mission is brought to life through the various programs and services the foundation offers.
At the heart of The Hopedale Medical Foundation's operations is a critical access hospital, which provides vital healthcare services, including a 24-hour emergency room, intensive care unit, and advanced surgical procedures. The foundation extends its reach beyond the hospital walls with satellite physician offices and a nursing home, independent and assisted living facility, and a wellness center.
The Hopedale Medical Foundation's Wellness Center is a community hub for health and wellbeing. With an indoor gym, walking track, therapy pools, daycare, and various programs, it caters to the needs of its members and the local community. The foundation also offers sports medicine programs to local schools and sports teams, further enhancing the health and conditioning of athletes.
The foundation's financial assistance programs ensure that necessary health services are accessible to all, regardless of their ability to pay. It is committed to treating patients fairly, equitably, and with respect and compassion. The Hopedale Medical Foundation also maintains an emergency room open 24 hours a day, 365 days a year, serving all individuals, regardless of their ability to pay.
The Hopedale Medical Foundation's Board of Directors, composed of community leaders, guides the organization's mission. Its medical staff, open to all qualified physicians in the area, collaborate to deliver the best possible healthcare to their patients. Through its participation in various government-sponsored healthcare programs, the foundation provides essential services to the community, often at a cost less than the actual service fee, resulting in a benefit to patients and the community at large.
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Impact
October, 2024
The Hopedale Medical Foundation plays a vital role in enhancing the health and wellness of the community it serves. It operates a comprehensive medical complex that provides a broad range of healthcare services, including a 25-bed acute care hospital, nursing home, and both independent and assisted living facilities. The presence of a 24-hour emergency room ensures critical access to medical care, with services comparable to those of larger urban hospitals, including various surgical specialties and advanced imaging.
Its holistic approach extends beyond medical treatment to incorporate wellness initiatives, exemplified by the Hopedale Wellness Center, which features gym facilities, therapy pools, and numerous programs aimed at improving community health, including sports medicine for local schools. This center serves as a hub for approximately 1,500 members, offering both preventive care and rehabilitation services that enhance the quality of life for residents.
Moreover, the Foundation prioritizes accessibility, with policies in place to provide financial assistance, ensuring that necessary health services are available to all individuals, regardless of their ability to pay. The commitment to treating patients with compassion and respect reinforces its reputation as a trusted healthcare provider.
In combination with its five satellite physician offices, The Hopedale Medical Foundation effectively meets the healthcare needs of residents within a 50-mile radius, fostering a healthier community through personalized, family-oriented care. Its leadership reflects community engagement, bringing together diverse professionals to further enhance its impact in the region.
This information is meant to be a general summary of The Hopedale Medical 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: $56,619
- Program Service Revenue: $32,012,020
- Gross Receipts: $38,703,408
Assets and Liabilities:
- Total Assets: $57,589,315
- Total Liabilities: $18,648,234
- Net Assets: $38,941,081
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENUE
Revenue
$26,029,279
NURSING HOME
Revenue
$4,253,956
ASSISTED AND INDEPENDENT
Revenue
$1,510,048
WELLNESS CENTER
Revenue
$159,977
MASSAGE THERAPY
Revenue
$58,760
Organization Details
Founding Year
1961
Phone
(309) 449-3321Principal Officer
Emily Whitson
Main Address
107 TREMONT ST, HOPEDALE, IL, 61747
Website
www.hopedalemc.comNTEE Category
Code: E22I - Health
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