Overview
What is St Luke's Health Foundation Of Sioux City Iowa?
St. Luke's Health Foundation of Sioux City, Iowa, is a nonprofit organization dedicated to improving the quality of life in the Siouxland region. Their primary goal is to raise funds to support St. Luke's Regional Medical Center, enhancing its facilities and services. The foundation achieves this by securing financial contributions and investing the proceeds in various ways. These methods may include funding equipment purchases, helping to offset operating expenses, and offering scholarships or lectureships to individuals associated with the medical center. The foundation also extends its support to local rural health communities associated with St. Luke's Regional Medical Center and makes miscellaneous grants and contributions to organizations and individuals associated with the medical center. In summary, St. Luke's Health Foundation's mission is to empower the health-care sector in Siouxland, making essential resources accessible to the community.
Official website here: www.unitypoint.org (see sch o)
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88%, Three-Star out of Four Star rating.
St Luke's Health Foundation of Sioux City, Iowa has achieved a commendable score of 88% based on its accountability and financial practices. With all board members being independent, the foundation demonstrates strong governance, as reflected in its perfect score for having a majority of independent board members and a well-structured audit and oversight committee. This focus on accountability contributes to a transparent operating environment, essential for donor trust.
The organization shows a solid commitment to financial integrity, with no material diversion of assets reported and a favorable liabilities-to-assets ratio, indicating sound financial health. However, its program expense ratio of 60.08% suggests that while a significant portion of resources is directed towards programs, there may be room for improvement in maximizing program expenditures relative to total expenses.
Overall, the foundation's strong governance and financial transparency are significant strengths, but enhancing the efficiency of program spending could further improve its impact and rating.
This AI summary has been generated from information found on Charity Navigator.
Is St Luke's Health Foundation Of Sioux City Iowa legitimate?
St Luke's Health Foundation Of Sioux City Iowa is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Luke's Health Foundation Of Sioux City Iowa 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: $217,619
Professional Fundraising Fees: $60,615
Other Salaries and Wages: $237,467
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Official website here: www.unitypoint.org (see sch o)
What is the mission statement of St Luke's Health Foundation Of Sioux City Iowa?
The St. Luke's Health Foundation of Sioux City Iowa's mission is focused on enhancing the quality of life for individuals in their region. They achieve this by securing funds to support healthcare services. The foundation's purpose is to maintain, develop, and extend the facilities and services of St. Luke's Regional Medical Center, as well as provide broader hospital, medical, and educational opportunities to its patients, students, staff, faculty, and residents. They support the missions of St. Luke's Health System and its subsidiaries by raising financial contributions and investing the proceeds. Their grant, allocation, and program support services may include contributions to St. Luke's Regional Medical Center for equipment purchases, offsetting operating expenses, and offering scholarships and lectureships to individuals associated with the medical center. Additionally, they provide grants to local rural health communities and make miscellaneous contributions to organizations and individuals associated with St. Luke's Regional Medical Center.
Official website here: www.unitypoint.org (see sch o)
Who is the CEO of St Luke's Health Foundation Of Sioux City Iowa?
Leah Glasgo is the Principal Officer of St Luke's Health Foundation Of Sioux City Iowa. The CEO's salary of St Luke's Health Foundation Of Sioux City Iowa is $519,612 and their total compensation is $551,287.
Official website here: www.unitypoint.org (see sch o)
What is the revenue of St Luke's Health Foundation Of Sioux City Iowa?
St Luke's Health Foundation Of Sioux City Iowa's revenue in 2022 was $2,369,896.
Official website here: www.unitypoint.org (see sch o)
Who are the executives of St Luke's Health Foundation Of Sioux City Iowa and what are their salaries?
There 33 volunteers at St Luke's Health Foundation Of Sioux City Iowa.
Here are 18 key members and their salaries (St Luke's Health Foundation Of Sioux City Iowa's CEO's salary is $519,612 and their total compensation is $551,287):
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- Other: $100,798
Official website here: www.unitypoint.org (see sch o)
Where can I find the form 990 for St Luke's Health Foundation Of Sioux City Iowa?
St Luke's Health Foundation Of Sioux City Iowa's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.unitypoint.org (see sch o)
Learn more at the official website: www.unitypoint.org (see sch o)
Mission Statement of St Luke's Health Foundation Of Sioux City Iowa
St. Luke's Health Foundation of Sioux City Iowa is dedicated to enhancing the quality of life for people in their region. Their mission is to raise funds to support the health-care mission of St. Luke's Health System. This foundation plays a crucial role in maintaining, developing, increasing, and extending the facilities and services of St. Luke's Regional Medical Center in Sioux City, Iowa. By doing so, they provide broader hospital, medical, and educational service opportunities to their patients, students, staff, faculty, and residents.
St. Luke's Health Foundation accomplishes this mission by offering grants, allocations, and program support. They contribute to St. Luke's Regional Medical Center for equipment purchases, help offset operating expenses, and provide scholarships and lectureships to individuals associated with the medical center. Additionally, they grant funds to local rural health communities associated with St. Luke's Regional Medical Center and provide miscellaneous grants and contributions to organizations and individuals associated with the medical center.
In essence, St. Luke's Health Foundation serves as a dedicated partner in supporting the health-care needs of their community. By raising funds and providing grants, they help ensure that St. Luke's Regional Medical Center has the resources it needs to deliver high-quality care to its patients and contribute to the broader medical and educational community.
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Impact
July, 2024
St. Luke's Health Foundation of Sioux City Iowa has a significant impact on the quality of life for the people of Siouxland by acquiring funds to support healthcare services. The foundation plays a crucial role in maintaining, developing, and expanding the facilities and services of St. Luke's Regional Medical Center in Sioux City, Iowa. It also strives to provide broader healthcare, medical, and educational opportunities to patients, students, staff, faculty, and residents in the area it serves.
Through grants, allocations, and program support, the foundation contributes to various aspects of the healthcare system, including equipment purchases, operational expenses, scholarships, and grants to local rural health communities. By raising financial contributions and investing the proceeds strategically, the foundation enables St. Luke's Health System and its subsidiaries to fulfill their missions effectively.
Overall, St. Luke's Health Foundation of Sioux City Iowa plays a vital role in supporting healthcare initiatives, enhancing services, and improving the health outcomes of individuals in the Siouxland region.
This information is meant to be a general summary of St Luke's Health Foundation Of Sioux City Iowa. 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: $401,001
- Gross Receipts: $9,930,114
Assets and Liabilities:
- Total Assets: $4,501,551
- Total Liabilities: $613,659
- Net Assets: $3,887,892
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Organization Details
Founding Year
1987
Phone
(712) 279-3500Principal Officer
Leah Glasgo
Main Address
2720 STONE PARK BLVD, SIOUX CITY, IA, 51104
NTEE Category
Code: T30 - Philanthropy
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