Overview
What is Foundation For Ripon Medical Center Inc?
The Foundation for Ripon Medical Center Inc, situated in Fond du Lac, Wisconsin, serves to bolster the healthcare activities of Ripon Medical Center Inc. This nonprofit organization contributes financially to various aspects, such as subsidizing operational costs, funding capital purchases, and covering repairs and maintenance. Its primary goal is to enhance the health of the community residing in the greater Ripon area. The Foundation provides essential support to Ripon Medical Center, thereby contributing to the overall well-being of the city's residents.
Official website here: www.riponmedicalcenter.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
The Foundation For Ripon Medical Center Inc has received a solid Three-Star rating from Charity Navigator, reflecting a score of 83%. This rating is primarily based on their accountability and finance practices, indicating a strong commitment to transparency and responsible financial management. The organization showcases a fully independent board, with all 12 members meeting the independence criteria, which is a positive indicator of governance.
Financial metrics are also impressive, with a program expense ratio of 91.73%, meaning a significant portion of their funding goes directly to programs and services. Additionally, the organization demonstrates no material diversion of assets and maintains a favorable liabilities-to-assets ratio of 11.75%, which further underscores their financial stability. They have well-documented policies regarding conflicts of interest and maintain accurate meeting minutes.
However, some areas for improvement are noted, particularly the absence of a whistleblower policy and a document retention and destruction policy, which received no points. While these gaps do not significantly detract from their overall performance, addressing them could enhance their accountability framework and better support their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For Ripon Medical Center Inc legitimate?
Foundation For Ripon Medical Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Ripon Medical Center 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.
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For more financial information, click here
Official website here: www.riponmedicalcenter.com
What is the mission statement of Foundation For Ripon Medical Center Inc?
The Foundation for Ripon Medical Center Inc serves a crucial role in enhancing the health of the wider community. Its mission is to provide financial support to Ripon Medical Center, aiming to improve healthcare services for the people in the area. The foundation operates by subsidizing operating activities, funding capital purchases, covering repairs and maintenance, or providing necessary items for Ripon Medical Center, its employees, and the city of Ripon. By doing so, the Foundation for Ripon Medical Center Inc contributes to the betterment of health care services in the community.
Official website here: www.riponmedicalcenter.com
Who is the CEO of Foundation For Ripon Medical Center Inc?
Shawn Fisher is the President of Foundation For Ripon Medical Center Inc.
Official website here: www.riponmedicalcenter.com
What is the revenue of Foundation For Ripon Medical Center Inc?
Foundation For Ripon Medical Center Inc's revenue in 2023 was -$87,881.
Official website here: www.riponmedicalcenter.com
Who are the executives of Foundation For Ripon Medical Center Inc and what are their salaries?
There 14 volunteers at Foundation For Ripon Medical Center Inc.
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Official website here: www.riponmedicalcenter.com
Where can I find the form 990 for Foundation For Ripon Medical Center Inc?
Foundation For Ripon Medical Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.riponmedicalcenter.com
Learn more at the official website: www.riponmedicalcenter.com
Mission Statement of Foundation For Ripon Medical Center Inc
The Foundation for Ripon Medical Center Inc is committed to enhancing the health of individuals residing in the wider Ripon area. To achieve this, the foundation provides financial support to Ripon Medical Center. This backing extends to various aspects of the hospital's operations, including subsidizing operating activities, funding capital purchases, covering repairs and maintenance, and assisting with any other necessary expenses. By lending its financial aid to Ripon Medical Center, the Foundation for Ripon Medical Center Inc aims to contribute positively to the health care activities of the medical center, its employees, and the community of Ripon. In doing so, the foundation plays a vital role in promoting and supporting the overall well-being of the people in its vicinity.
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Impact
October, 2024
The Foundation for Ripon Medical Center Inc significantly enhances the health of the greater Ripon area by providing essential financial support to Ripon Medical Center. By subsidizing operating activities, funding capital purchases, and covering repairs and maintenance, the foundation ensures that the healthcare services available to the community remain robust and effective.
This financial backing allows Ripon Medical Center to focus on delivering quality care to its patients, ultimately improving health outcomes and promoting overall well-being in the local population. The foundation's commitment to supporting healthcare activities directly benefits not only the medical center's employees but also the residents of Ripon, fostering a healthier community. Through its efforts, the foundation plays a vital role in maintaining and enhancing the quality of healthcare in the region.
This information is meant to be a general summary of Foundation For Ripon Medical Center 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: -$124,000
- Gross Receipts: $1,669,160
Assets and Liabilities:
- Total Assets: $1,371,597
- Total Liabilities: $161,175
- Net Assets: $1,210,422
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Organization Details
Founding Year
1988
Phone
(920) 926-4959Principal Officer
Shawn Fisher
Main Address
430 EAST DIVISION STREET, FOND DU LAC, WI, 54935
Website
www.riponmedicalcenter.comNTEE Category
Code: T30 - Philanthropy
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