Overview
What is Froedtert Memorial Lutheran Hospital Trust?
Froedtert Memorial Lutheran Hospital Trust is a nonprofit organization that plays a crucial role in supporting Froedtert Memorial Lutheran Hospital. By providing funds and managing administrative expenses, it enables the hospital to effectively carry out its charitable purposes. This trust is dedicated to enhancing the hospital's capabilities and furthering its mission to accomplish exempt purposes.
What are the reviews and ratings of this charity?
Charity Navigator rating: 79% (Three-Star out of Four Stars)
Froedtert Memorial Lutheran Hospital Trust has received a solid Three-Star rating, reflecting a strong focus on accountability and finance. The organization scored 79% in this area, indicating effective financial management and transparency in its operations. The rating is based entirely on accountability factors, showcasing a commitment to maintaining a high standard of governance.
One of the organization's notable strengths is its independent board governance, with 100% of board members being independent. Additionally, the charity has implemented essential policies, such as conflict of interest and whistleblower protections, further enhancing its accountability framework. With a program expense ratio of 86.48%, the organization demonstrates a strong commitment to directing funds toward its mission-related programs.
Despite these strengths, the overall rating is primarily dependent on financial metrics, and no other beacons are considered. While the organization excels in accountability, future assessments may benefit from a broader analysis of its programmatic impact and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Froedtert Memorial Lutheran Hospital Trust legitimate?
Froedtert Memorial Lutheran Hospital Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Froedtert Memorial Lutheran Hospital Trust 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: $192,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Froedtert Memorial Lutheran Hospital Trust?
The Froedtert Memorial Lutheran Hospital Trust serves a vital role in sustaining Froedtert Memorial Lutheran Hospital by supplying it with essential funds and managing administrative expenses to ensure the organization achieves its charitable objectives. The Trust's primary goal is to empower Froedtert Memorial Lutheran Hospital in continuing its mission to deliver quality healthcare services and advance medical research. By providing financial resources and covering administrative costs, the Trust enables the hospital to effectively carry out its exempt purposes and maintain its commitment to the community.
Who is the CEO of Froedtert Memorial Lutheran Hospital Trust?
George A Dionisopoulos is the Institutional Administrator of Froedtert Memorial Lutheran Hospital Trust.
What is the revenue of Froedtert Memorial Lutheran Hospital Trust?
Froedtert Memorial Lutheran Hospital Trust's revenue in 2022 was $50,879,335.
Who are the executives of Froedtert Memorial Lutheran Hospital Trust and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $82,500
- Related: $6,500
- Other: $0
- Compensation: $55,000
- Related: $0
- Other: $0
- Compensation: $55,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Froedtert Memorial Lutheran Hospital Trust?
Froedtert Memorial Lutheran Hospital Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Froedtert Memorial Lutheran Hospital Trust
The Froedtert Memorial Lutheran Hospital Trust is a dedicated entity that plays a vital role in supporting Froedtert Memorial Lutheran Hospital. In essence, its mission is to provide financial resources and cover administrative expenses to enable the hospital to fulfill its charitable objectives.
Through its unwavering commitment, the Froedtert Memorial Lutheran Hospital Trust ensures that the hospital can continue to provide essential healthcare services to those in need. By funding the organization and managing its administrative costs, the Trust enables Froedtert Memorial Lutheran Hospital to allocate more of its resources towards direct patient care and improving health outcomes in the community.
In summary, the Froedtert Memorial Lutheran Hospital Trust serves as a crucial partner in the healthcare sector, providing vital financial support and managerial assistance to Froedtert Memorial Lutheran Hospital. Its mission allows the hospital to diversify its revenue streams and focus on its primary goal of delivering quality healthcare services to the community.
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Impact
October, 2024
Froedtert Memorial Lutheran Hospital Trust plays a vital role in enhancing healthcare services in Milwaukee, Wisconsin, by providing essential financial support to Froedtert Memorial Lutheran Hospital. By allocating funds and covering administrative costs, the Trust ensures that the hospital can maintain and expand its services, ultimately benefiting patients, families, and the broader community.
Through its contributions, the Trust enables the hospital to invest in advanced medical technologies, enhance patient care programs, and expand access to diverse healthcare services. This impact is felt through improved health outcomes, greater patient satisfaction, and strengthened community health initiatives. Additionally, the Trust fosters innovation in healthcare delivery, helping to address the evolving needs of the population it serves. Overall, Froedtert Memorial Lutheran Hospital Trust is an essential partner in the mission to provide high-quality healthcare and improve public health in the region.
This information is meant to be a general summary of Froedtert Memorial Lutheran Hospital Trust. 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: $3,393,478
- Gross Receipts: $54,491,351
Assets and Liabilities:
- Total Assets: $89,563,578
- Total Liabilities: $0
- Net Assets: $89,563,578
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Organization Details
Founding Year
1962
Phone
(414) 297-5734Principal Officer
George A Dionisopoulos
Main Address
FOLEY LARDNER 777 E WISCONSIN AVE, MILWAUKEE, WI, 532025306
NTEE Category
Code: E110 - Health
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