Overview
What is Caro Community Hospital Endowment Foundation?
The Caro Community Hospital Endowment Foundation is a nonprofit organization dedicated to supporting the Caro Community Hospital. Their primary mission is to raise funds for the acquisition of essential capital equipment needed by the hospital. Through various contributions, they aim to enhance the hospital's capabilities and serve the local community more effectively. The foundation's activities are focused on providing financial support to the hospital, contributing to its overall improvement and well-being.
Official website here: www.see schedule o
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Caro Community Hospital Endowment Foundation has achieved an impressive overall score of 97%, reflecting strong accountability and financial practices. The organization is rated with a Four-Star rating, which indicates that it excels in transparency and effective financial management. Notably, the score is derived from a single beacon focused entirely on accountability and finance, showcasing the foundation's commitment to responsible governance.
The foundation demonstrates robust governance with 85% of its board members being independent, and it has implemented comprehensive policies including conflict of interest and whistleblower protections. Furthermore, it has a solid financial footing, with a liabilities to assets ratio of 0.00%, ensuring that it operates without significant debt. Its program expense ratio of 91.34% indicates a high percentage of funds directed toward its charitable programs.
While the organization's financial health and accountability are rated highly, there may be limited information available regarding its program outcomes and community impact, as the rating focuses primarily on financial practices. Overall, Caro Community Hospital Endowment Foundation stands out for its responsible financial management and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Caro Community Hospital Endowment Foundation legitimate?
Caro Community Hospital Endowment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caro Community Hospital Endowment 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: $0
For more financial information, click here
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What is the mission statement of Caro Community Hospital Endowment Foundation?
The Caro Community Hospital Endowment Foundation's mission is centered around providing support for a local hospital. Specifically, they aim to raise funds to procure essential capital equipment for the hospital. By doing so, they contribute to enhancing the hospital's capabilities and capabilities, ultimately improving healthcare services for the community. The foundation's activities primarily involve fundraising efforts to achieve this goal.
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Who is the CEO of Caro Community Hospital Endowment Foundation?
Connie Koutouzos is the CEO of Caro Community Hospital Endowment Foundation The CEO's salary of Caro Community Hospital Endowment Foundation is $0 and their total compensation is $225,631.
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What is the revenue of Caro Community Hospital Endowment Foundation?
Caro Community Hospital Endowment Foundation's revenue in 2023 was $20,980.
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Who are the executives of Caro Community Hospital Endowment Foundation and what are their salaries?
There 20 volunteers at Caro Community Hospital Endowment Foundation.
Here are 10 key members and their salaries (Caro Community Hospital Endowment Foundation's CEO's salary is $0 and their total compensation is $225,631):
- Compensation: $0
- Related: $193,626
- Other: $32,005
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- Related: $0
- Other: $0
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- Related: $0
- Other: $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: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.see schedule o
Where can I find the form 990 for Caro Community Hospital Endowment Foundation?
Caro Community Hospital Endowment Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.see schedule o
Learn more at the official website: www.see schedule o
Mission Statement of Caro Community Hospital Endowment Foundation
The Caro Community Hospital Endowment Foundation is a nonprofit organization that is committed to providing support for Caro Community Hospital. Its mission, in essence, revolves around raising funds to procure essential capital equipment for the hospital. By doing so, the foundation aims to contribute positively to the hospital's operations and ensure it has the necessary tools to deliver quality healthcare services. The foundation's programs are geared towards supporting the hospital in its quest for improved healthcare facilities.
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Impact
August, 2024
Caro Community Hospital Endowment Foundation's impact lies in its vital support for Caro Community Hospital. By raising funds for the purchase of necessary capital equipment, the Foundation ensures that the hospital can continue to provide quality healthcare services to the community. This philanthropic endeavor plays a crucial role in enhancing the hospital's capabilities and ultimately improving the well-being of patients in Caro, Michigan.
This information is meant to be a general summary of Caro Community Hospital Endowment 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: $422
- Gross Receipts: $33,145
Assets and Liabilities:
- Total Assets: $591,425
- Total Liabilities: $0
- Net Assets: $591,425
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Organization Details
Founding Year
1999
Principal Officer
Connie Koutouzos
Website
www.see schedule oNTEE Category
Code: T31 - Philanthropy
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