Overview
What is Pekin Memorial Hospital Foundation?
Pekin Memorial Hospital Foundation is a dedicated nonprofit organization situated in Pekin, Illinois. Its primary mission is to uphold and foster the core mission of Pekin Hospital as a community hospital, offering comprehensive inpatient and outpatient healthcare services, diagnostics, therapy, and education. The foundation prioritizes the welfare and needs of its patients, ensuring they receive the best possible care. Its goal is to enhance the health and well-being of the community by providing love, compassion, and exceptional medical care. In carrying out its mission, the foundation meticulously plans, allocates resources, and develops programs to deliver top-notch health services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
The Pekin Memorial Hospital Foundation has demonstrated impressive accountability and financial health, earning a Four-Star rating from Charity Navigator. The overall score reflects a strong focus on accountability and finance, with a notable 94% score in this area. This high rating is indicative of the foundation's commitment to transparency and effective management.
A significant strength of the foundation is its fully independent board, which consists of seven members, ensuring that decisions are made without conflicts of interest. The organization also excels in governance practices, as evidenced by a perfect score in their audit and oversight committee evaluations. Additionally, they have robust policies in place, including conflict of interest and whistleblower protections.
However, while the financial metrics are strong, it's important to note that this rating solely reflects accountability and finance, with no additional data on programmatic impact or community engagement. The program expense ratio is high at 89.93%, suggesting that a substantial portion of funds goes directly to program services, which is a positive indicator of the foundation's operational focus.
This AI summary has been generated from information found on Charity Navigator.
Is Pekin Memorial Hospital Foundation legitimate?
Pekin Memorial Hospital Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pekin 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: $45,000
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What is the mission statement of Pekin Memorial Hospital Foundation?
The mission of Pekin Memorial Hospital Foundation is centered around enhancing the health and well-being of the community. They aim to achieve this goal with love, compassion, and by providing exceptional medical care. The foundation is committed to preserving and nurturing the fundamental mission of a community hospital, offering inpatient and outpatient services, diagnostics, therapies, and education. The patients' essential welfare and priority are always kept in mind as the foundation plans, allocates resources, and develops programs in the delivery of health services.
Who is the CEO of Pekin Memorial Hospital Foundation?
Timmothy Schwartz Dds is the Board Chair of Pekin Memorial Hospital Foundation.
What is the revenue of Pekin Memorial Hospital Foundation?
Pekin Memorial Hospital Foundation's revenue in 2022 was $670,186.
Who are the executives of Pekin Memorial Hospital Foundation and what are their salaries?
There 7 volunteers at Pekin Memorial Hospital Foundation.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Pekin Memorial Hospital Foundation?
Pekin Memorial Hospital Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pekin Memorial Hospital Foundation
The Pekin Memorial Hospital Foundation is committed to enhancing the health and well-being of its community with love, compassion, and exceptional medical care. This mission-driven organization strives to preserve and nurture the fundamental role of Pekin Hospital as a community hospital, providing inpatient and outpatient, diagnostic, therapeutic, and educational services. The foundation keeps the best interests of the patients served by Pekin Hospital at the forefront of its planning, resource allocation, and program development in the delivery of health services.
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Impact
July, 2024
Pekin Memorial Hospital Foundation's impact is clear in its mission to improve the health and well-being of the community with love, compassion, and extraordinary medical care. The foundation is dedicated to preserving and nurturing the fundamental mission of Pekin Hospital as a community hospital and providing essential inpatient and outpatient, diagnostic, therapeutic, and educational services. It prioritizes the welfare of the patients served by the hospital and allocates resources and develops programs to deliver high-quality health services. Through its philanthropic efforts, the foundation plays a vital role in enhancing healthcare access and outcomes for the community in Pekin, IL.
This information is meant to be a general summary of Pekin 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 2022.
- Investment Income: $587,181
- Gross Receipts: $4,354,519
Assets and Liabilities:
- Total Assets: $3,133,957
- Total Liabilities: $68,842
- Net Assets: $3,065,115
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Organization Details
Founding Year
1985
Phone
(309) 353-0700Principal Officer
Timmothy Schwartz Dds
Main Address
600 SOUTH 13TH STREET, PEKIN, IL, 61554
NTEE Category
Code: T30 - Philanthropy
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