Overview
What is Kent Community Health Foundation?
Kent Community Health Foundation is a dedicated nonprofit organization situated in Grand Rapids, Michigan. Its primary mission is to support the mission and programs of Spectrum Health Hospitals, which primarily cater to elderly and indigent patients. To fulfill this commitment, the foundation makes annual payments of a certain percentage of its average asset value based on a three-year rolling average. In 2022, the foundation made the initial payment of $4,734,066 towards a multiyear commitment to aid in the construction of a new building for Spectrum Health Hospitals. The foundation's philanthropic efforts contribute to enhancing healthcare services for vulnerable populations in the community.
Is Kent Community Health Foundation legitimate?
Kent Community Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kent Community Health 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:
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What is the mission statement of Kent Community Health Foundation?
The Kent Community Health Foundation's mission is centered around supporting the mission and programs of Spectrum Health Hospitals. Specifically, it aims to provide health care services to elderly and/or indigent patients who regularly participate in reimbursement programs such as Medicare, Medicaid, or their equivalents. To fulfill this mission, the foundation makes annual payments to Spectrum Health Hospitals, with the amount based on a three-year rolling average of its asset value. In 2022, the foundation made its first payment of $4,734,066 as part of a multi-year commitment to aid in the construction of a new building for the hospitals.
Who is the CEO of Kent Community Health Foundation?
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What is the revenue of Kent Community Health Foundation?
Kent Community Health Foundation's revenue in 2022 was $664,549.
Who are the executives of Kent Community Health Foundation and what are their salaries?
There 5 volunteers at Kent Community Health Foundation.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Kent Community Health Foundation?
Kent Community Health Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kent Community Health Foundation
Kent Community Health Foundation is an organization dedicated to supporting the mission and programs of Spectrum Health Hospitals. Specifically, it assists in providing healthcare services to elderly and indigent patients who frequently rely on Medicare, Medicaid, or similar reimbursement programs. The foundation's role is to contribute to the continuation of these essential services, thereby ensuring access to healthcare for those who might otherwise be unable to afford it. In 2022, the Kent Community Health Foundation demonstrated its commitment by making the first payment of $4,734,066 as part of a multi-year pledge, contributing to the construction of a new building for Spectrum Health Hospitals.
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Impact
October, 2024
Kent Community Health Foundation plays a crucial role in enhancing healthcare services for elderly and indigent patients through its financial support of Spectrum Health Hospitals. By committing to an annual financial pledge, the foundation ensures that essential health care programs are funded, allowing Spectrum Health to continue providing high-quality medical services to those in need.
In 2022, the foundation made a significant contribution of $4,734,066, marking the inaugural payment toward a multiyear commitment aimed at facilitating the construction of a new building. This commitment not only addresses immediate healthcare needs but also supports long-term infrastructure improvements that will benefit the community.
Through these efforts, Kent Community Health Foundation positively impacts the healthcare landscape in Grand Rapids, Michigan, advocating for equitable access to care for vulnerable populations and reinforcing the mission of Spectrum Health to serve those who are elderly or without adequate resources.
This information is meant to be a general summary of Kent Community Health 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: $664,549
- Gross Receipts: $2,956,267
Assets and Liabilities:
- Total Assets: $21,193,427
- Total Liabilities: $21,193,427
- Net Assets: $0
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Organization Details
Founding Year
2001
Phone
(616) 486-3000Main Address
750 Fuller NE - Mail Code 033, Grand Rapids, MI, 49503
NTEE Category
Code: E112 - Health
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