Overview
What is Metropolitan Foundation?
The Metropolitan Foundation is a charitable organization, specifically established to support Metropolitan Hospital's mission of enhancing community health and well-being. Based in Wyoming, Michigan, the foundation raises funds primarily for Metropolitan Hospital (UMH West). In times of need, it provides direct financial assistance to hospital employees, often covering essential expenses such as food, rent, and bills. The foundation operates under the guidance of Metropolitan Health Corporation, which holds various powers, including approving strategic plans, budgets, and significant capital expenditures. The Metropolitan Foundation is included in the consolidated financial statements of U-M Health for the 2022 fiscal year.
Official website here: www.metrohealth.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Metropolitan Foundation has achieved a strong Four-Star rating from Charity Navigator, reflecting exceptional performance in accountability and finance. With an impressive score of 97%, the organization demonstrates effective management practices, including a majority independent board and comprehensive oversight mechanisms. Key financial metrics indicate zero liabilities and a 100% program expense ratio, showcasing a commitment to maximizing funds for its mission.
Strengths of the Metropolitan Foundation include its robust governance framework, evidenced by a large independent board of 17 members and thorough policies on conflict of interest and whistleblower protection. The foundation also excels in transparency, with all financial statements properly audited and available for review. These factors contribute to a high level of trust among donors and stakeholders.
No significant limitations were noted in the available data, further enhancing the foundation's reputation. The organization not only maintains a strong financial standing but also prioritizes ethical practices and accountability, positioning itself as a leader in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Metropolitan Foundation legitimate?
Metropolitan Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metropolitan 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
Official website here: www.metrohealth.net
What is the mission statement of Metropolitan Foundation?
The Metropolitan Foundation's primary purpose, as stated in its articles of incorporation, is to raise funds for Metropolitan Hospital (UMH West). Its sole member, Metropolitan Health Corporation, holds reserved powers, including approving strategic plans, budgets, and significant capital expenditures. The Metropolitan Foundation is included in the consolidated financial statements of U-M Health for the fiscal year ended June 30, 2022. The foundation supports Metropolitan Health Hospital's mission of improving the health and well-being of the community. Additionally, the foundation provides direct financial assistance to its employees facing unusual circumstances and barriers, often spending money on basic needs such as food, rent, and bills, typically after an unexpected life event like a car accident or prolonged absence from work.
Official website here: www.metrohealth.net
Who is the CEO of Metropolitan Foundation?
Kris Kurtz is the Director of Metropolitan Foundation. The CEO's salary of Metropolitan Foundation is $0 and their total compensation is $788,184.
Official website here: www.metrohealth.net
What is the revenue of Metropolitan Foundation?
Metropolitan Foundation's revenue in 2022 was $1,532,223.
Official website here: www.metrohealth.net
Who are the executives of Metropolitan Foundation and what are their salaries?
There 41 volunteers at Metropolitan Foundation.
Here are 23 key members and their salaries (Metropolitan Foundation's CEO's salary is $0 and their total compensation is $788,184):
- Compensation: $0
- Related: $793,695
- Other: $31,438
- Compensation: $0
- Related: $755,348
- Other: $32,836
- Compensation: $0
- Related: $410,344
- Other: $32,836
- Compensation: $0
- Related: $383,350
- Other: $32,836
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $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
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.metrohealth.net
Where can I find the form 990 for Metropolitan Foundation?
Metropolitan Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.metrohealth.net
Learn more at the official website: www.metrohealth.net
Mission Statement of Metropolitan Foundation
The Metropolitan Foundation, with its primary purpose outlined in its articles of incorporation, is committed to supporting Metropolitan Hospital's mission of enhancing the health and well-being of the community. In this capacity, the foundation serves as a vital resource, contributing to the hospital's overall goals and initiatives.
Beyond its role in financial support, the Metropolitan Foundation also extends a helping hand to its employees who may be facing unusual circumstances and barriers. The foundation provides direct financial assistance, often used to cover basic needs such as food, rent, and bills. This initiative is typically activated following an unforeseen life event, like a car accident or an extended absence from work. By offering this support, the Metropolitan Foundation aims to alleviate some of the burdens faced by its employees, enabling them to focus on their recovery and return to work. This compassionate approach reflects the foundation's dedication to empowering its community, both within and beyond the hospital setting.
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Impact
July, 2024
Metropolitan Foundation's impact can be seen through its direct financial assistance to employees facing unusual circumstances and barriers. This support often goes towards basic needs such as food, rent, and bills, helping employees during difficult times such as after a car accident or when missing extended time from work. By providing this crucial assistance, Metropolitan Foundation plays a vital role in supporting the well-being of the community and the mission of Metro Health Hospital.
This information is meant to be a general summary of Metropolitan 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: $401,013
- Gross Receipts: $2,051,557
Assets and Liabilities:
- Total Assets: $19,562,296
- Total Liabilities: $1,272,907
- Net Assets: $18,289,389
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Organization Details
Founding Year
1990
Phone
(616) 252-5000Principal Officer
Kris Kurtz
Main Address
5900 BYRON CENTER AVE SW, WYOMING, MI, 49519
Website
www.metrohealth.netNTEE Category
Code: P99Z - Human services
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