Hudson Hospital Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 391279567 ✦ Hudson, WI ✦ Designated as a 501(c)(3)

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Overview

What is Hudson Hospital Foundation Inc?

Hudson Hospital Foundation Inc, based in Hudson, Wisconsin, serves as a supportive entity for Hudson Hospital, Inc. Their primary mission is to advance community health education, offer home care assistance, and contribute to various other charitable initiatives related to healthcare. By doing so, they aim to enhance the overall health and well-being of their community. The Foundation's activities are centered around supporting the charitable objectives of Hudson Hospital, Inc., thereby contributing to a healthier society in the region.


Official website here: www.hudsonhospital.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Stars

Hudson Hospital Foundation Inc has achieved a remarkable score of 96%, reflecting its strong commitment to accountability and financial health, which is essential for nonprofit organizations. This Four-Star rating indicates that the foundation meets high standards in its financial practices and governance, with a particular emphasis on transparency and ethical management.

The foundation boasts an impressive majority of independent board members, ensuring unbiased decision-making, and has a robust audit and oversight committee. Its financial practices are sound, with a program expense ratio of 80.45%, demonstrating a focus on directing funds toward its programs rather than administrative costs. The foundation also has various policies in place, including those for conflict of interest and whistleblower protections, further solidifying its integrity.

While the foundation excels in many areas, potential donors and stakeholders should consider the overall organizational context. The high rating primarily focuses on accountability and finance; thus, understanding how well it fulfills its mission and impact in the community may require further exploration beyond this financial snapshot.


This AI summary has been generated from information found on Charity Navigator.

Is Hudson Hospital Foundation Inc legitimate?

Hudson Hospital Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hudson Hospital 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.hudsonhospital.org

What is the mission statement of Hudson Hospital Foundation Inc?

Hudson Hospital Foundation Inc's mission is centered around supporting and advancing the charitable objectives of Hudson Hospital, Inc. This support extends to community health education, providing home care assistance, and contributing to various health-related charitable initiatives. The foundation aims to carry out these activities with the ultimate goal of enhancing overall health in the community. However, for a detailed description of their program service accomplishments, you may refer to Schedule O - Exempt Purpose and Achievements.


Official website here: www.hudsonhospital.org

What is the revenue of Hudson Hospital Foundation Inc?

Hudson Hospital Foundation Inc's revenue in 2023 was $455,923.


Official website here: www.hudsonhospital.org

Who are the executives of Hudson Hospital Foundation Inc and what are their salaries?

There 46 volunteers at Hudson Hospital Foundation Inc.

Here are 13 key members and their salaries:


Isabella Bronson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Best Payne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Goodwin (Director & Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Kolb (Director & Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Kranz (Director & Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Lafaive (Director & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin E Richards Md (Director)
  • Compensation: $0
  • Related: $517,093
  • Other: $68,607
Tim Michaels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Cherrier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Evenson Jan-June (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Switzer Jan-Apr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas E Johnson (Cfo)
  • Compensation: $0
  • Related: $603,783
  • Other: $44,121
Thomas J Borowski (Director & President)
  • Compensation: $0
  • Related: $406,663
  • Other: $64,760


Official website here: www.hudsonhospital.org

Where can I find the form 990 for Hudson Hospital Foundation Inc?

Hudson Hospital Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.hudsonhospital.org

Learn more at the official website: www.hudsonhospital.org

Mission Statement of Hudson Hospital Foundation Inc

Hudson Hospital Foundation Inc, a charitable organization, is dedicated to supporting and advancing the charitable objectives of Hudson Hospital, Inc. Their primary mission is to act for the benefit of Hudson Hospital, Inc., and to carry out its charitable purposes. To accomplish this, the foundation focuses on community health education, providing home care assistance, and contributing to other health-related charitable endeavors. By doing so, Hudson Hospital Foundation Inc aims to enhance the overall health and well-being of the community, ensuring that essential services are available to those in need.

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Impact




July, 2024

Hudson Hospital Foundation Inc's impact can be seen in their dedication to supporting and carrying out the charitable purpose of Hudson Hospital, Inc. They work towards benefiting the community through initiatives such as community health education, providing home care assistance, and contributing to other health-related charitable endeavors. Through their philanthropic efforts, they strive to make a positive difference in the health and well-being of the community they serve.




This information is meant to be a general summary of Hudson Hospital 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.

Revenue
$455,923 (2023)
Expenses
$722,888 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $183,259
  • Gross Receipts: $488,220

Assets and Liabilities:

  • Total Assets: $5,529,711
  • Total Liabilities: $163,363
  • Net Assets: $5,366,348

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Organization Details

Founding Year

1977

Principal Officer

Douglas E Johnson

NTEE Category

Code: T30 - Philanthropy

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