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Westfields 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: 391770913 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Westfields Hospital Foundation Inc?

Westfields Hospital Foundation Inc is a nonprofit organization situated in Minneapolis, Minnesota. Their primary focus is to support Westfields Hospital in delivering quality healthcare services to the local community. By providing financial assistance, the foundation contributes to the hospital's overall mission, thereby enhancing its capacity to cater to the community's healthcare needs. The foundation's activities are centered around this mission, with the aim of strengthening the hospital's abilities and expanding its reach within the community.


Official website here: www.healthpartners.com

What are the reviews and ratings of this charity?

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

Westfields Hospital Foundation Inc has achieved a noteworthy Four-Star rating from Charity Navigator, reflecting a strong focus on accountability and finance. The charity's overall score, derived entirely from a single beacon score, indicates robust financial health and effective governance practices, making it a reliable organization for potential donors.

The foundation excels in various governance metrics, including a high percentage of independent board members and a commitment to transparency with all required policies in place, such as conflict of interest and whistleblower policies. Their financial statements are thoroughly audited, and they demonstrate a low liabilities to assets ratio, emphasizing fiscal responsibility.

While the foundation's program expense ratio of 83.44% demonstrates a strong commitment to programmatic spending, ongoing efforts to maintain this level of financial efficiency will be essential. Overall, Westfields Hospital Foundation Inc stands out as a well-managed nonprofit that prioritizes accountability, ensuring donor funds are utilized effectively.


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

Is Westfields Hospital Foundation Inc legitimate?

Westfields Hospital Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Westfields 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.healthpartners.com

What is the mission statement of Westfields Hospital Foundation Inc?

Westfields Hospital Foundation Inc's mission is centered around supporting the hospital in delivering care to the community. Specifically, the foundation's role is to enhance the hospital's capabilities and services, thereby contributing to the wellbeing of the community. The mission is reflected in their primary purpose, which focuses on achieving improvements in healthcare and patient care. While detailed program service accomplishments are outlined in Schedule O, the mission itself can be understood as a commitment to assisting Westfields Hospital in its mission to provide quality care to the community.


Official website here: www.healthpartners.com

Who is the CEO of Westfields Hospital Foundation Inc?

Douglas Johnson is the Director & Chair of Westfields Hospital Foundation Inc.


Official website here: www.healthpartners.com

What is the revenue of Westfields Hospital Foundation Inc?

Westfields Hospital Foundation Inc's revenue in 2022 was $690,518.


Official website here: www.healthpartners.com

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

There 38 volunteers at Westfields Hospital Foundation Inc.


Here are 12 key members and their salaries:


Patty Berger (Director & Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Kolbeck (Director & Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Mcabee (Director & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Skoglund (Director & Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynnelle Gabriel Md (Director)
  • Compensation: $0
  • Related: $415,918
  • Other: $62,011
Scott Soderberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luanne Koubsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rollie Buchman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven M Massey (President)
  • Compensation: $0
  • Related: $384,015
  • Other: $60,826
Douglas E Johnson (Cfo)
  • Compensation: $0
  • Related: $501,465
  • Other: $118,928
Jason J Luhrs (Former Cfo)
  • Compensation: $0
  • Related: $318,933
  • Other: $60,605


Official website here: www.healthpartners.com

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

Westfields Hospital Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.healthpartners.com

Learn more at the official website: www.healthpartners.com

Mission Statement of Westfields Hospital Foundation Inc

Westfields Hospital Foundation Inc is dedicated to supporting Westfields Hospital in its mission to provide care to the community. In essence, the foundation's role is to empower and bolster the hospital's capabilities, ensuring that it can continue to serve the community effectively. By doing so, Westfields Hospital Foundation Inc is instrumental in enhancing the overall healthcare landscape within the community, thereby contributing to the well-being of its residents.

The mission of Westfields Hospital Foundation Inc is deeply rooted in its commitment to support Westfields Hospital. This support encompasses various aspects, including providing resources, fostering partnerships, and advocating for the hospital's needs. The foundation's ultimate goal is to enable Westfields Hospital to deliver high-quality care to the community, making healthcare more accessible and affordable for all. By working hand in hand with the hospital, Westfields Hospital Foundation Inc plays a crucial role in strengthening the healthcare infrastructure, thereby improving the overall health and well-being of the community.

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Impact




July, 2024

Westfields Hospital Foundation Inc's impact lies in its support for Westfields Hospital in providing essential care to the community. This foundation plays a crucial role in ensuring that the hospital can fulfill its mission of delivering quality healthcare services to those in need. By backing the hospital's initiatives and programs, Westfields Hospital Foundation Inc contributes significantly to the well-being and health of individuals in the community.




This information is meant to be a general summary of Westfields 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
$690,518 (2022)
Expenses
$437,217 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $69,250
  • Gross Receipts: $725,531

Assets and Liabilities:

  • Total Assets: $2,763,753
  • Total Liabilities: $350,634
  • Net Assets: $2,413,119

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Organization Details

Founding Year

1993

Principal Officer

Douglas Johnson

Main Address

8170 33RD AVENUE SOUTH PO BOX 1309, MINNEAPOLIS, MN, 554401309

NTEE Category

Code: E12 - Health

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