The Wha 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: 396125163 ✦ Fitchburg, WI ✦ Designated as a 501(c)(3)

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Overview

What is The Wha Foundation Inc?

The Wha Foundation Inc, based in Fitchburg, Wisconsin, is a nonprofit organization dedicated to advancing the field of health. Over the past decade, their primary focus has been addressing the workforce needs of healthcare providers in Wisconsin. Recently, they funded the development and launch of an online BSN completion program (bsn.wha.org), aimed at helping nurses advance their education and transition from an associate's degree to a bachelor's degree. Additionally, The Wha Foundation Inc supports the Annual Foundation Scholars Program, awarding two annual scholarships to each of the 16 technical colleges in Wisconsin. These scholarships cover expenses incurred in the final semester, encouraging students to complete their education and pursue careers in healthcare. The Wha Foundation Inc's mission also includes conducting educational programs, fostering the exchange of health information, and providing scholarships to individuals pursuing healthcare careers, scientific research, and literary endeavors.


Official website here: www.wha.org/aboutwha/wha-foundation

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90%, Four-Star out of Four Star rating.

The Wha Foundation Inc has earned a strong 90% score, reflecting a commitment to accountability and finance. This top rating is primarily due to its robust governance practices, including a board comprised of 85% independent members and comprehensive policies addressing conflicts of interest and whistleblower protections, which signify strong ethical standards in its operations.

Financially, the foundation demonstrates a favorable liabilities to assets ratio of 0.68%, indicating sound financial health. Additionally, the organization allocates 64.33% of its expenses to programs, although this could be improved to achieve higher efficiency in program spending. Overall, the Wha Foundation Inc stands out in its governance and financial accountability, although it may need to enhance its program expense ratio to further strengthen its impact.


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

What do the Facebook reviews say about The Wha Foundation Inc?

While The Wha Foundation Inc has not yet amassed an overall rating from users, there are a few comments available that provide insight into their activities. One review highlighted the involvement of Aurora West Allis Medical Center volunteers in enhancing awareness during the WHA Advocacy day, suggesting a focus on educational initiatives.

However, one review specifically did not recommend the organization, implying some level of dissatisfaction or concern. Given the limited feedback, it’s challenging to draw a solid conclusion about the foundation's impact or effectiveness.

The available reviews indicate a commitment to advocacy and education but also signal the need for improvement according to at least one participant. Overall, a more extensive collection of reviews would provide a clearer picture of the community’s perception of The Wha Foundation Inc.


This AI summary has been generated from reviews found on Facebook.

Is The Wha Foundation Inc legitimate?

The Wha Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Wha 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.wha.org/aboutwha/wha-foundation

What is the mission statement of The Wha Foundation Inc?

The Wha Foundation Inc's mission is centered around promoting educational, literary, research, and charitable programs in the field of health, specifically hospital care and administration. The foundation's objectives include assisting the healthcare system in ensuring an adequate workforce to cater to the needs of the public, conducting and sponsoring various educational programs for health career personnel and interested consumers, fostering the exchange of health information, and providing scholarships or loans to individuals pursuing healthcare careers, scientific research, or literary endeavors. Furthermore, the foundation supports the mission of Wisconsin Hospital Association Inc. and its affiliated organizations.


Official website here: www.wha.org/aboutwha/wha-foundation

Who is the CEO of The Wha Foundation Inc?

Eric Borgerding is the President of The Wha Foundation Inc.


Official website here: www.wha.org/aboutwha/wha-foundation

What is the revenue of The Wha Foundation Inc?

The Wha Foundation Inc's revenue in 2022 was $108,168.


Official website here: www.wha.org/aboutwha/wha-foundation

Who are the executives of The Wha Foundation Inc and what are their salaries?

There 6 volunteers at The Wha Foundation Inc.


Here are 7 key members and their salaries:


Eric Borgerding (President)
  • Compensation: $0
  • Related: $1,207,607
  • Other: $47,169
Jeff Euclide (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Bauman (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Derks (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristie Mccoic (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Roesler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joni Olson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wha.org/aboutwha/wha-foundation

Where can I find the form 990 for The Wha Foundation Inc?

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


Official website here: www.wha.org/aboutwha/wha-foundation

Learn more at the official website: www.wha.org/aboutwha/wha-foundation

Mission Statement of The Wha Foundation Inc

The Wha Foundation Inc, established with a mission to contribute to the field of health, focuses on educational, literary, research, and charitable programs. Its primary objectives include supporting the healthcare system in ensuring an adequate workforce to cater to the needs of Wisconsin's citizens. Additionally, the foundation conducts and sponsors various educational programs to train healthcare career personnel and consumers, fostering the exchange and publication of health-related information.

The Wha Foundation Inc also provides scholarships and grants-in-aid, or makes loans, to individuals pursuing education in healthcare careers, scientific research, and literary endeavors. Furthermore, the foundation supports the mission of Wisconsin Hospital Association, Inc. and its affiliated related organizations. By doing so, The Wha Foundation Inc plays a crucial role in enhancing the overall understanding and delivery of healthcare services in Wisconsin.

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Impact




October, 2024

The Wha Foundation Inc significantly enhances the health care landscape in Wisconsin by prioritizing workforce development and educational advancement. Over the past decade, the foundation has actively addressed the workforce needs of local health care providers, ensuring they have access to a capable and well-trained workforce.

A pivotal initiative is the Bachelor of Science in Nursing (BSN) Completion Program, which supports nurses in transitioning from an associate degree to a bachelor's degree through a centralized online platform. This program not only simplifies the educational process for Wisconsin nurses but also strengthens the overall competency of the nursing workforce in the state.

In addition to structural educational programs, the foundation provides financial aid through its Foundation Scholars Program, awarding scholarships to nursing students in their final semester at 16 technical colleges across Wisconsin. This unique approach directly incentivizes students to complete their degrees, leading to over 475 scholarships totaling more than $850,000 since its inception in 2003.

By fostering education and providing critical financial support, The Wha Foundation Inc plays a crucial role in developing a robust health care workforce capable of meeting the needs of Wisconsin's citizens.




This information is meant to be a general summary of The Wha 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
$108,168 (2022)
Expenses
$176,151 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $90,111
  • Gross Receipts: $520,967

Assets and Liabilities:

  • Total Assets: $1,041,112
  • Total Liabilities: $7,125
  • Net Assets: $1,033,987

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Organization Details

Founding Year

1968

Principal Officer

Eric Borgerding

Main Address

5510 RESEARCH PARK DRIVE, FITCHBURG, WI, 53711

NTEE Category

Code: E12 - Health

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