Overview
What is Finley Health Foundation Inc?
The Finley Health Foundation Inc, located in Dubuque, Iowa, is a nonprofit organization committed to supporting the Finley Hospital and Dubuque Visiting Nurse Association. Its purpose is to enhance and extend their facilities and services through fundraising efforts. The foundation provides financial aid in various forms, such as equipment purchases, operational cost offsets, and miscellaneous expenses. Additionally, it offers scholarships and lectureships to individuals associated with the Finley Hospital, and grants to other organizations and individuals associated with the hospital. The foundation's mission is to support the Finley Tri-States Health Group Inc. and its subsidiaries by raising financial contributions and investing the proceeds, ultimately contributing to the betterment of healthcare services in the area it serves.
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What are the reviews and ratings of this charity?
Charity Navigator Rating 100%
Finley Health Foundation Inc has received a perfect score of 100%, earning a Four-Star out of Four Star rating from Charity Navigator. This rating reflects exceptional performance in accountability and finance, underscoring the organization’s commitment to transparency and effective financial management. The foundation's strong governance is highlighted by its board composition, which is entirely independent, and the presence of robust financial oversight mechanisms.
The organization demonstrates exemplary financial metrics, with a program expense ratio of 72.66%, indicating that a significant portion of its budget is directed towards its mission. Additionally, its fundraising efficiency is strong, requiring only 20 cents to raise a dollar, showcasing its effective fundraising strategies. The foundation also maintains healthy financial ratios, including a working capital ratio of 8.58 years, which suggests a solid financial position and sustainability.
While the overall assessment is highly favorable, it’s important to consider that the score is based solely on accountability and finance. Therefore, potential donors may want to explore qualitative aspects such as the foundation's program impact and community engagement to gain a comprehensive understanding of its effectiveness and reach.
This AI summary has been generated from information found on Charity Navigator.
Is Finley Health Foundation Inc legitimate?
Finley Health Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Finley Health 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: $35,338
Other Salaries and Wages: $278,890
For more financial information, click here
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What is the mission statement of Finley Health Foundation Inc?
The Finley Health Foundation Inc's mission is to offer financial aid to the Finley Hospital and the Dubuque Visiting Nurse Association. This support is facilitated through continuous fundraising efforts, primarily by engaging private individuals and families, local corporations, foundations, and government entities. These donations are utilized to sustain operational expenses, clinical programs, and significant infrastructure projects.
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Who is the CEO of Finley Health Foundation Inc?
Chad Wolbers To 823 is the CEO of Finley Health Foundation Inc The CEO's salary of Finley Health Foundation Inc is $975,976 and their total compensation is $1,013,762.
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What is the revenue of Finley Health Foundation Inc?
Finley Health Foundation Inc's revenue in 2023 was $2,304,017.
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Who are the executives of Finley Health Foundation Inc and what are their salaries?
There 15 volunteers at Finley Health Foundation Inc.
Here are 17 key members and their salaries (Finley Health Foundation Inc's CEO's salary is $975,976 and their total compensation is $1,013,762):
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- Compensation: $975,976
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- Other: $37,786
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Where can I find the form 990 for Finley Health Foundation Inc?
Finley Health Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
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Mission Statement of Finley Health Foundation Inc
The Finley Health Foundation Inc is dedicated to providing financial support for the Finley Hospital and the Dubuque Visiting Nurse Association. This mission is accomplished through ongoing fundraising activities, which involve cultivating and soliciting donations from various sources such as private individuals and families, local corporations, foundations, and government entities. These funds are then utilized to support the hospital's operations, clinical programs, and major capital projects. By doing so, the Finley Health Foundation Inc plays a vital role in ensuring the continued provision of essential healthcare services in the community.
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Impact
July, 2024
Finley Health Foundation Inc's impact revolves around providing crucial financial support to the Finley Hospital and the Dubuque Visiting Nurse Association in Dubuque, Iowa. Through various fundraising activities, the foundation raises funds to maintain, develop, increase, and extend the facilities and services of these healthcare institutions. This support translates into tangible benefits for patients, students, staff, faculty, and residents of the geographical area it serves. The foundation's contributions may include funding for equipment purchases, offsetting operating expenses, providing scholarships and lectureships, as well as offering grants to individuals and organizations associated with the Finley Hospital. Through its efforts, Finley Health Foundation Inc plays a vital role in advancing healthcare services and educational opportunities in the Dubuque community.
This information is meant to be a general summary of Finley Health 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $500,740
- Gross Receipts: $6,222,689
Assets and Liabilities:
- Total Assets: $16,761,049
- Total Liabilities: $548,206
- Net Assets: $16,212,843
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Organization Details
Founding Year
1986
Principal Officer
Chad Wolbers
Website
www.unitypoint.orgseeschoNTEE Category
Code: E110 - Health
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