Overview
What is Greater Watertown Community Health Foundation Inc?
Greater Watertown Community Health Foundation Inc, based at 672 Johnson St 300, Watertown, WI 53094, functions as a catalyst for community health. The foundation leads its own health programming and grants, while also holding significant interests in various entities. It has a 20% stake in Watertown Holding Company, LLC, and majority ownership in Watertown Senior Housing, LLC and Watertown Senior Housing II, LLC. The foundation also operates a nonprofit center and manages land for housing redevelopment through GWCHF Holdings LLC. With a mission to inspire collaboration, mobilize resources, and encourage innovation, the foundation contributes measurably to community wellbeing, employing a team of 11 individuals.
Official website here: www.watertownhealthfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 96%
The Greater Watertown Community Health Foundation Inc has received a Four-Star out of Four Star rating from Charity Navigator, reflecting a high level of accountability and financial health. With an impressive score of 96% in Accountability & Finance, the organization demonstrates a strong commitment to transparency and responsible financial management. This rating is based entirely on their robust practices in these areas, which is a significant indicator of the charity's reliability.
The foundation boasts a majority of independent board members, ensuring that governance is conducted without conflicts of interest. Additionally, their financial oversight is solidified with a comprehensive audit and oversight committee. The organization has also established clear policies regarding conflict of interest, whistleblower protections, and document retention, all of which contribute to their strong governance framework.
One notable strength is the foundation's program expense ratio of 96.30%, signifying that a substantial portion of their resources is directed towards programmatic activities rather than administrative costs. While the data does not highlight any specific limitations, the emphasis on financial accountability and transparency suggests that the foundation is well-positioned to meet its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Watertown Community Health Foundation Inc legitimate?
Greater Watertown Community Health Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Watertown Community Health Foundation Inc 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: $238,462
Professional Fundraising Fees: $0
Other Salaries and Wages: $550,272
For more financial information, click here
Official website here: www.watertownhealthfoundation.com
What is the mission statement of Greater Watertown Community Health Foundation Inc?
The Greater Watertown Community Health Foundation functions as a catalyst for community health, inspiring collaboration, mobilizing resources, and encouraging innovation. Their mission is geared towards measurably contributing to the wellbeing of communities. They spearhead their own health programming and offer responsive grant cycles. The foundation holds investments in various entities, including a significant stake in Watertown Holding Company, LLC, and majorities in Watertown Senior Housing, LLC and Watertown Senior Housing II, LLC. Additionally, they own and operate a nonprofit center and land for housing redevelopment purposes through GWCHF Holdings LLC.
Official website here: www.watertownhealthfoundation.com
Who is the CEO of Greater Watertown Community Health Foundation Inc?
Tina Crave is the President of Greater Watertown Community Health Foundation Inc.
Official website here: www.watertownhealthfoundation.com
What is the revenue of Greater Watertown Community Health Foundation Inc?
Greater Watertown Community Health Foundation Inc's revenue in 2022 was $43,510,687.
Official website here: www.watertownhealthfoundation.com
Who are the executives of Greater Watertown Community Health Foundation Inc and what are their salaries?
The average compensation at Greater Watertown Community Health Foundation Inc during 2022 was $71,703. There are 11 employees at Greater Watertown Community Health Foundation Inc.
Here are 16 key members and their salaries:
- Compensation: $174,337
- Related: $0
- Other: $26,821
- Compensation: $109,622
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- Other: $4,956
- Compensation: $34,791
- Related: $0
- Other: $2,512
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- Other: $0
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Official website here: www.watertownhealthfoundation.com
Where can I find the form 990 for Greater Watertown Community Health Foundation Inc?
Greater Watertown Community Health Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.watertownhealthfoundation.com
Learn more at the official website: www.watertownhealthfoundation.com
Mission Statement of Greater Watertown Community Health Foundation Inc
Greater Watertown Community Health Foundation, a health foundation dedicated to inspiring collaboration, mobilizing resources, and encouraging innovation, works towards measurably improving the wellbeing of communities. The organization serves as a catalyst for community health, leading its own foundation-directed health programming and offering responsive grant cycles. Beyond its programmatic efforts, Greater Watertown Community Health Foundation also holds significant business interests. It owns a 20% stake in Watertown Holding Company, LLC, and has majority ownership in Watertown Senior Housing, LLC and Watertown Senior Housing II, LLC. Additionally, the foundation manages 100% of GWCHF Holdings LLC, which operates a nonprofit center and land for housing redevelopment purposes. Through its various initiatives, Greater Watertown Community Health Foundation strives to inspire change and improve the health and wellbeing of the communities it serves.
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Impact
October, 2024
Greater Watertown Community Health Foundation Inc plays a crucial role in enhancing the well-being of local communities by fostering collaboration, mobilizing resources, and promoting innovation in health-related initiatives. The foundation acts as a catalyst for community health by implementing targeted health programs and providing responsive grant cycles that support various health projects.
With a significant ownership stake in senior housing complexes and the operation of a health center through its subsidiary, GWCHF Holdings LLC, the foundation is committed to addressing the needs of vulnerable populations, particularly seniors. Its strategic focus not only helps improve access to health services but also contributes to housing redevelopment efforts, ensuring that communities have safe and supportive living environments.
By prioritizing measurable impacts on health and well-being, Greater Watertown Community Health Foundation Inc is instrumental in building healthier communities and fostering a collaborative approach to addressing local health challenges.
This information is meant to be a general summary of Greater Watertown Community Health Foundation Inc. 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: $9,211,140
- Program Service Revenue: $29,199,291
- Gross Receipts: $59,170,889
Assets and Liabilities:
- Total Assets: $104,353,166
- Total Liabilities: $14,023,579
- Net Assets: $90,329,587
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
JOINT VENTURE - HOSPITAL
Revenue
$21,969,211
JOINT VENTURE - SENIOR HOUSING
Revenue
$7,216,135
JOINT VENTURE AND OTHER
Revenue
$13,945
Organization Details
Founding Year
1965
Phone
(920) 390-4000Principal Officer
Tina Crave
Main Address
672 JOHNSON ST 300, WATERTOWN, WI, 530943827
NTEE Category
Code: E220 - Health
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