Overview
What is Centracare Health Foundation?
The Centracare Health Foundation is a nonprofit organization based in St. Cloud, Minnesota, with the mission to enhance the health and well-being of the local communities served by Centracare, primarily through the following means: promoting general community health, improving healthcare delivery, providing healthcare services to individuals with financial limitations, advocating for health education, and supporting medical and allied health education. The organization engages in charitable, educational, and scientific activities, as outlined by sections 170(C)(2) and 501(C)(3) of the Internal Revenue Code of 1986. Centracare Health Foundation operates exclusively for religious, educational, and charitable purposes.
Official website here: www.centracare.com/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
Centracare Health Foundation has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This rating underscores a well-managed organization with effective oversight mechanisms in place, including a majority independent board and comprehensive financial policies that promote transparency.
The foundation boasts a high program expense ratio of 68.05%, indicating that a significant portion of its funding is directed towards its programs rather than administrative costs. Additionally, its fundraising efficiency is commendable, with only $0.16 spent to raise a dollar, demonstrating a commitment to cost-effective fundraising practices. The organization also maintains a healthy working capital ratio of 11.64 years, which suggests financial stability and capacity to sustain its operations over the long term.
While the organization scores excellently in various areas, the focus on financial accountability highlights the importance of continued vigilance in maintaining these standards. Observers may encourage ongoing efforts to enhance community engagement and program impact, which could further strengthen its reputation and effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Centracare Health Foundation legitimate?
Centracare Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Centracare Health Foundation 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.centracare.com/foundation
What is the mission statement of Centracare Health Foundation?
The Centracare Health Foundation is established to serve communities by improving their health, primarily through various activities. Its objectives include promoting general community health and enhancing healthcare service delivery. The foundation is dedicated to providing health and medical care services to individuals who cannot afford to pay for them. Furthermore, it supports health education and medical and allied health education. The foundation actively solicits donations from both private and public sources to accomplish its mission.
Official website here: www.centracare.com/foundation
Who is the CEO of Centracare Health Foundation?
Brad Konkler is the Director of Centracare Health Foundation.
Official website here: www.centracare.com/foundation
What is the revenue of Centracare Health Foundation?
Centracare Health Foundation's revenue in 2022 was $13,885,888.
Official website here: www.centracare.com/foundation
Who are the executives of Centracare Health Foundation and what are their salaries?
Here are 41 key members and their salaries:
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- Other: $25,713
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- Other: $47,588
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- Related: $383,225
- Other: $54,002
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- Other: $45,185
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- Other: $18,565
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- Other: $1,085
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- Other: $54,915
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- Related: $788,637
- Other: $48,947
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- Other: $52,457
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- Related: $568,589
- Other: $52,510
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- Related: $570,793
- Other: $52,472
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- Related: $428,183
- Other: $51,302
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- Related: $778,292
- Other: $22,525
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- Other: $36,652
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- Other: $49,249
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- Related: $375,071
- Other: $45,479
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- Related: $911,392
- Other: $54,651
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- Related: $403,510
- Other: $46,529
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- Related: $284,509
- Other: $37,819
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- Related: $724,980
- Other: $55,664
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- Related: $1,157,044
- Other: $17,026
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- Related: $696,579
- Other: $54,992
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- Related: $639,410
- Other: $33,197
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- Related: $615,903
- Other: $47,707
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- Related: $139,399
- Other: $4,095
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- Related: $486,552
- Other: $48,115
Official website here: www.centracare.com/foundation
Where can I find the form 990 for Centracare Health Foundation?
Centracare Health Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.centracare.com/foundation
Learn more at the official website: www.centracare.com/foundation
Mission Statement of Centracare Health Foundation
Centracare Health Foundation, a charitable organization, is dedicated to improving the health and wellbeing of the communities it serves. Established with religious, educational, and charitable purposes, as permitted by Sections 170(C)(2) and 501(C)(3) of the Internal Revenue Code of 1986, the Foundation focuses primarily on several key areas.
First and foremost, Centracare Health Foundation engages in activities that promote the general health of all community members and enhance the delivery of healthcare services. By investing in initiatives that foster community health, the Foundation works towards creating an environment where everyone can thrive.
Second, the organization prioritizes the provision of health and medical care services to individuals who face financial barriers in accessing these essential resources. Centracare Health Foundation recognizes the importance of healthcare as a fundamental human right and strives to ensure that everyone, regardless of their financial situation, has access to the care they need.
Third, the Foundation is committed to health education and medical and allied health education. By promoting awareness and knowledge about various health-related topics, Centracare Health Foundation empowers individuals to make informed decisions about their health and wellbeing.
Lastly, the Foundation actively solicits gifts from both private and public sources. These donations are crucial to the organization's ability to carry out its mission and make a meaningful impact on the communities it serves. Centracare Health Foundation is a beacon of hope and support, dedicated to improving the health and wellbeing of those in need.
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Impact
October, 2024
Centracare Health Foundation significantly enhances the well-being of communities served by Centracare, primarily focusing on several key areas. Firstly, it engages in activities aimed at promoting the overall health of community members and improving healthcare service delivery. This commitment ensures that individuals receive essential services that meet their diverse health needs.
Moreover, the foundation plays a crucial role in bridging healthcare gaps for individuals who have limited or no financial ability to pay for medical services. By furthering the provision of health and medical care, Centracare Health Foundation prioritizes accessibility, ensuring that everyone receives the necessary care regardless of their financial situation.
Education is another vital aspect of the foundation’s impact, as it fosters health education and promotes medical and allied health education. This focus not only informs individuals about their health but also supports the development of healthcare professionals, contributing to a more educated and capable health workforce.
In summary, Centracare Health Foundation makes a tangible impact by improving health outcomes, increasing access to care for underserved individuals, and promoting health education within the community.
This information is meant to be a general summary of Centracare Health Foundation. 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: $8,770,071
- Gross Receipts: $14,175,076
Assets and Liabilities:
- Total Assets: $72,228,347
- Total Liabilities: $574,044
- Net Assets: $71,654,303
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Organization Details
Founding Year
1996
Phone
(320) 251-2700Principal Officer
Brad Konkler
Main Address
1406 6TH AVE NORTH, ST CLOUD, MN, 56303
NTEE Category
Code: E91 - Health
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