Overview
What is Central Community Hospital Foundation?
The Central Community Hospital Foundation, situated in Elkader, Iowa, serves as a vital fundraising organization. Its primary objective is to support MercyOne Elkader Medical Center, contributing to its services and advancements. By raising funds, the foundation aims to enhance the medical center's capabilities, ultimately benefiting the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65% (Two-Star out of Four Star Rating)
The Central Community Hospital Foundation has received a 65% rating from Charity Navigator, indicating areas for improvement in accountability and finance. While the organization boasts a strong commitment to governance—with a fully independent board and excellent practices around conflict of interest and documentation—the overall financial health appears to be a concern, as signified by a low score in the liabilities to assets ratio.
The foundation demonstrates high program efficiency, with a program expense ratio of 92.01%, suggesting that a significant portion of its funds directly supports its mission. This reflects positively on the organization's dedication to its cause and the effectiveness of its programs. However, the organization's overall financial strategy is called into question due to its liabilities, which may pose risks for sustainability.
In summary, while Central Community Hospital Foundation shows commendable governance practices and program efficiency, potential donors and stakeholders should be cautious regarding its financial liabilities. Addressing these limitations could enhance the foundation's overall rating and ensure long-term viability.
This AI summary has been generated from information found on Charity Navigator.
Is Central Community Hospital Foundation legitimate?
Central Community Hospital Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Community 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: $10,881
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Central Community Hospital Foundation?
The Central Community Hospital Foundation's primary objective is to raise funds to support MercyOne Elkader Medical Center services and foster advancements. Their mission is geared towards enhancing the medical center's capabilities and improving the health care provided to the community. By raising funds, they aim to contribute to the medical center's growth and development, ultimately benefiting the patients and community they serve.
Who is the CEO of Central Community Hospital Foundation?
Ann Mccorkindale is the President of Central Community Hospital Foundation.
What is the revenue of Central Community Hospital Foundation?
Central Community Hospital Foundation's revenue in 2023 was $67,423.
Who are the executives of Central Community Hospital Foundation and what are their salaries?
There 7 volunteers at Central Community Hospital Foundation.
Here are 8 key members and their salaries:
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
- Compensation: $10,881
- Related: $0
- Other: $0
Where can I find the form 990 for Central Community Hospital Foundation?
Central Community Hospital Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Central Community Hospital Foundation
The Central Community Hospital Foundation's primary mission is centered around raising funds to support the services and advancements at MercyOne Elkader Medical Center. In essence, this nonprofit organization is committed to bolstering the medical center's capabilities and enhancing the care it provides to its patients. By doing so, the Central Community Hospital Foundation plays a crucial role in promoting the well-being of the community it serves.
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Impact
August, 2024
Central Community Hospital Foundation's impact is vital in supporting MercyOne Elkader Medical Center services and advancements in Elkader, Iowa. By raising funds, the foundation plays a crucial role in ensuring the availability of quality healthcare services for the community. Through its efforts, the foundation contributes to improving access to healthcare, enhancing medical facilities, and advancing medical care in the region. This support directly benefits individuals in need of healthcare services and reinforces the overall well-being of the community.
This information is meant to be a general summary of Central Community 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $18,561
- Gross Receipts: $74,194
Assets and Liabilities:
- Total Assets: $924,427
- Total Liabilities: $730,602
- Net Assets: $193,825
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Organization Details
Founding Year
1970
Phone
(563) 245-7012Principal Officer
Ann Mccorkindale
Main Address
901 DAVIDSON ST NW, ELKADER, IA, 52043
NTEE Category
Code: E11 - Health
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