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Regions Hospital Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411888902 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Regions Hospital Foundation?

Regions Hospital Foundation is a nonprofit organization based in Minneapolis, Minnesota. Their primary mission is to advocate for patient care, research, and health professional education while developing awareness and building community partnerships. The foundation raises charitable contributions to support these causes, working diligently to make a positive impact in the healthcare sector. The specifics of their program service accomplishments are detailed in Schedule O, which showcases their achievements and exempt purpose.


Official website here: www.regionshospital.com

What are the reviews and ratings of this charity?

The Regions Hospital Foundation receives an impressive Four-Star out of Four Star rating from Charity Navigator, with a score of 97%, highlighting its strong accountability and financial health. This score is based on their rigorous financial practices, such as having a high program expense ratio and efficient fundraising activities, indicating prudent use of donations.

Charity Navigator has lauded the foundation for its governance, evidenced by its majority independent board, comprehensive list of financial oversight practices, and lack of any financial malfeasance. These factors contribute to the organization's transparency and reliability, reassuring donors of their responsible stewardship of resources.

While the organization excels in financial and accountability metrics, there are no evaluations available for impact, culture, or leadership adaptability. Additionally, the absence of user reviews from GreatNonprofits makes it difficult to ascertain the personal impact or community perception of the foundation's work.


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

Is Regions Hospital Foundation legitimate?

Regions Hospital Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Regions Hospital 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.regionshospital.com

What is the mission statement of Regions Hospital Foundation?

The Regions Hospital Foundation, in its mission, advocates for awareness and development, fosters community partnerships, and raises charitable contributions primarily for patient care, research, and health professional education. This organization strives to promote these initiatives by actively advocating on relevant issues and building collaborations within the community. By doing so, the foundation aims to contribute significantly to improved patient care, advancements in medical research, and the enrichment of healthcare education.


Official website here: www.regionshospital.com

Who is the CEO of Regions Hospital Foundation?

Megan M Remark is the Director of Regions Hospital Foundation.


Official website here: www.regionshospital.com

What is the revenue of Regions Hospital Foundation?

Regions Hospital Foundation's revenue in 2022 was $11,382,226.


Official website here: www.regionshospital.com

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

There 23 volunteers at Regions Hospital Foundation.


Here are 27 key members and their salaries:


Robert Befidi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William H Frey Md (Director)
  • Compensation: $0
  • Related: $148,677
  • Other: $87,708
Leaetta Hough Phd (Director (Jan-Mar))
  • Compensation: $0
  • Related: $0
  • Other: $0
Duchess Harris Jd Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Kingston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Kelley (Director & Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Layman Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Draper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Hanson Edd (Director & Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Hoeschler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Henry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Nelson Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carleen Rhodes (Director & Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Scoggin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Stoltz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teshite Wako (Director & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Wellington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bret C Haake Md (Director)
  • Compensation: $0
  • Related: $610,105
  • Other: $103,510
Balkrishna N Jahagirdar Mbbs (Director)
  • Compensation: $0
  • Related: $624,013
  • Other: $99,179
Donna J Zimmerman (Director (Jan-Feb))
  • Compensation: $0
  • Related: $209,819
  • Other: $61,535
Julie Bushman (Director (Jan-May))
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Flores (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pahoua Y Hoffman (Director)
  • Compensation: $0
  • Related: $252,864
  • Other: $71,519
John M Clark (Vice President Finance)
  • Compensation: $0
  • Related: $279,190
  • Other: $36,028
Megan M Remark (President & Director)
  • Compensation: $0
  • Related: $871,434
  • Other: $276,903
Heidi G Conrad (Chief Financial Officer (Jan-Oct))
  • Compensation: $0
  • Related: $549,913
  • Other: $116,747
Anthony C Grundhauser (Vice President)
  • Compensation: $0
  • Related: $292,388
  • Other: $42,821


Official website here: www.regionshospital.com

Where can I find the form 990 for Regions Hospital Foundation?

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


Official website here: www.regionshospital.com

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

Mission Statement of Regions Hospital Foundation

Regions Hospital Foundation, a nonprofit organization, is committed to advocating for patient care, research, and health professional education. Their mission is multifaceted, entailing the development of awareness and the building of community partnerships. Additionally, the foundation focuses on raising charitable contributions to support these key areas. By accomplishing these objectives, Regions Hospital Foundation aims to significantly contribute to the betterment of healthcare services, advancements, and the education of healthcare professionals. However, further details regarding their program service accomplishments can be found in the 'See Schedule O - Exempt Purpose and Achievements'.

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Impact




July, 2024

Regions Hospital Foundation's impact is significant in advocating for patient care, supporting research initiatives, and advancing health professional education. Through building community partnerships and raising charitable contributions, the foundation plays a crucial role in enhancing healthcare services in the Minneapolis area. Their mission to develop awareness and raise contributions has led to tangible achievements in improving the well-being of individuals and the overall health of the community.




This information is meant to be a general summary of Regions Hospital 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.

Revenue
$11,382,226 (2022)
Expenses
$6,818,936 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $439,267
  • Gross Receipts: $751,981,223

Assets and Liabilities:

  • Total Assets: $36,580,603
  • Total Liabilities: $3,023,832
  • Net Assets: $33,556,771

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Organization Details

Founding Year

1997

Principal Officer

Megan M Remark

Main Address

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

NTEE Category

Code: E99 - Health

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