Overview
What is Howard Young Foundation Inc?
Howard Young Foundation Inc is a nonprofit organization situated in Minocqua, Wisconsin. Its primary mission is to enhance the health and well-being of the local community. This involves supporting capital purchases for Howard Young Medical Center and Aspirus Eagle River Hospital, providing charitable support for Howard Young Health Care Inc., and investing in continuing education for healthcare providers and nursing staff to improve community care. Furthermore, the foundation also contributes to Aspirus Comfort Care and Hospice Services, offering hospice services and in-home medical care, and supports a local food pantry by providing food and other essentials to families in need.
Official website here: www.howardyoungfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 95%, Four-Star out of Four Stars
The Howard Young Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization's rating is primarily based on its impressive score in the Accountability & Finance category, reflecting its effective management of resources and commitment to transparency. The foundation has consistently demonstrated robust governance, with all board members being independent and a strong set of oversight policies in place.
Key strengths of the Howard Young Foundation include its excellent program expense ratio of 88.58%, suggesting that a significant portion of its funds is directed towards its mission-related activities rather than administrative costs. Additionally, the organization has a very low fundraising efficiency ratio, indicating that it effectively raises funds with minimal cost. Its liquidity is also strong, with a working capital ratio representing a comfortable buffer of 13.40 years, highlighting financial stability.
While the foundation excels in transparency and fiscal management, the review does not mention any limitations or concerns regarding its operations. Overall, the Howard Young Foundation Inc stands out as a well-managed nonprofit, successfully aligning its financial practices with its organizational mission.
This AI summary has been generated from information found on Charity Navigator.
Is Howard Young Foundation Inc legitimate?
Howard Young Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Howard Young 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: $310,154
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.howardyoungfoundation.org
What is the mission statement of Howard Young Foundation Inc?
The Howard Young Foundation Inc's mission is to actively seek and invest charitable support, aiming to enhance the health and well-being of all individuals in the community they serve. This support primarily benefits Howard Young Health Care Inc., enabling them to improve their services and care. The Foundation's activities include funding capital purchases for healthcare facilities, such as Howard Young Medical Center and Aspirus Eagle River Hospital. Additionally, they provide financial assistance for hospice services, in-home medical care, and the local food pantry. Furthermore, the Foundation supports continuing education for healthcare providers and nursing staff, aiming to enhance the overall quality of care in the community.
Official website here: www.howardyoungfoundation.org
Who is the CEO of Howard Young Foundation Inc?
Erin Biertzer is the Chairman of Howard Young Foundation Inc.
Official website here: www.howardyoungfoundation.org
What is the revenue of Howard Young Foundation Inc?
Howard Young Foundation Inc's revenue in 2023 was $3,186,536.
Official website here: www.howardyoungfoundation.org
Who are the executives of Howard Young Foundation Inc and what are their salaries?
The average compensation at Howard Young Foundation Inc during 2023 was $62,031. There are 5 employees and 15 volunteers at Howard Young Foundation Inc.
Here are 16 key members and their salaries:
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- Compensation: $134,202
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Official website here: www.howardyoungfoundation.org
Where can I find the form 990 for Howard Young Foundation Inc?
Howard Young Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.howardyoungfoundation.org
Learn more at the official website: www.howardyoungfoundation.org
Mission Statement of Howard Young Foundation Inc
The Howard Young Foundation Inc is committed to actively seeking and investing charitable support for Howard Young Health Care Inc, with the primary aim of improving the health and well-being of all individuals within the community they serve. By providing charitable contributions, the Foundation contributes to various facets of community health, including capital purchases for healthcare facilities such as Howard Young Medical Center and Aspirus Eagle River Hospital. Furthermore, the Foundation supports Aspirus Comfort Care and Hospice Services, which offers hospice services and in-home medical care for those in need.
Beyond healthcare facilities, the Howard Young Foundation Inc also extends its support to local initiatives, such as the food pantry, which provides essential food and other household necessities for families in the community. Additionally, the Foundation invests in the continuing education of medical providers and nursing staff, ensuring that the care provided to community members is of the highest quality. By engaging in these activities, the Howard Young Foundation Inc plays a significant role in enhancing the overall health and well-being of the community it serves.
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Impact
July, 2024
Howard Young Foundation Inc's impact is significant in improving the health and well-being of the community it serves by actively seeking and investing charitable support for Howard Young Health Care, Inc. The foundation supports various functions related to health and well-being, including capital purchases for medical centers, hospice services, support for local food pantries, and continuing education for healthcare providers. Through its initiatives, Howard Young Foundation is making a tangible difference in enhancing the care provided to individuals in the community and supporting vital healthcare services.
This information is meant to be a general summary of Howard Young 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 2023.
- Investment Income: $939,352
- Gross Receipts: $3,748,354
Assets and Liabilities:
- Total Assets: $26,482,294
- Total Liabilities: $415,661
- Net Assets: $26,066,633
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Organization Details
Founding Year
1984
Phone
(715) 439-4005Principal Officer
Erin Biertzer
Main Address
PO BOX 10, MINOCQUA, WI, 54548
NTEE Category
Code: T22 - Philanthropy
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