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Kossuth County Hospital Foundation Aka Kossuth Regional Health Ctr Fdn

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

EIN: 421324032 ✦ Algona, IA ✦ Designated as a 501(c)(3)

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Overview

What is Kossuth County Hospital Foundation Aka Kossuth Regional Health Ctr Fdn?

Kossuth County Hospital Foundation, also known as Kossuth Regional Health Center Foundation, is a supporting organization situated in Algona, Iowa. This nonprofit entity primarily aids the Kossuth Regional Health Center, a conventional, nonprofit full-service healthcare provider. The foundation's primary role involves managing investments and fundraising exclusively for the benefit of Kossuth Regional Health Center. It actively assists in acquiring necessary equipment, funding various programs, and raising funds for recent renovations and new construction projects within the healthcare facility. The foundation's mission is to enhance the capabilities and services offered by Kossuth Regional Health Center, thereby contributing to the overall well-being of the community it serves.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (63%)

Kossuth County Hospital Foundation, also known as Kossuth Regional Health Center Foundation, has received a two-star rating from Charity Navigator, indicating a need for improvement in its operations and accountability. The foundation has an overall score of 63%, reflecting both strengths and significant weaknesses in its governance and transparency practices.

The organization demonstrates a strong commitment to its programs, with an impressive program expense ratio of 80.47%. Additionally, it has successfully maintained a zero liability to assets ratio, ensuring financial stability. However, the foundation struggles with transparency, as it has received low scores for independent board membership and lacks essential financial statements and publicly accessible documentation, including its tax form.

Furthermore, while the foundation has a conflict of interest policy in place, it is missing critical policies such as a whistleblower policy and document retention plan, which are necessary for proper governance. The absence of these policies and the lack of an independent website further contribute to its low rating, suggesting that there are significant areas for improvement in transparency and accountability.


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

Is Kossuth County Hospital Foundation Aka Kossuth Regional Health Ctr Fdn legitimate?

Kossuth County Hospital Foundation Aka Kossuth Regional Health Ctr Fdn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kossuth County Hospital Foundation Aka Kossuth Regional Health Ctr Fdn 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: $2,492
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Kossuth County Hospital Foundation Aka Kossuth Regional Health Ctr Fdn?

The Kossuth County Hospital Foundation, also known as Kossuth Regional Health Center Foundation, serves as a supporting organization for a conventional, nonprofit full-service healthcare provider. Its primary mission is to manage investments and raise funds solely for the benefit of the Kossuth Regional Health Center. The foundation aids in acquiring necessary equipment, funding programs, and providing funds for recent building renovations and new construction. Its activities are geared towards enhancing the capabilities and facilities of the healthcare center, ultimately contributing to improved healthcare services for the community.

Who is the CEO of Kossuth County Hospital Foundation Aka Kossuth Regional Health Ctr Fdn?

Pat Reding is the President of Kossuth County Hospital Foundation Aka Kossuth Regional Health Ctr Fdn.

What is the revenue of Kossuth County Hospital Foundation Aka Kossuth Regional Health Ctr Fdn?

Kossuth County Hospital Foundation Aka Kossuth Regional Health Ctr Fdn's revenue in 2022 was $1,244,918.

Who are the executives of Kossuth County Hospital Foundation Aka Kossuth Regional Health Ctr Fdn and what are their salaries?


Here are 13 key members and their salaries:


Kirk M Hayes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew J Muller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Nerdig (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristie A Brown (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Conley Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Kern (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Heesch (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Reding (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas J Larson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Eischen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Bormann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Guenther (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kossuth County Hospital Foundation Aka Kossuth Regional Health Ctr Fdn?

Kossuth County Hospital Foundation Aka Kossuth Regional Health Ctr Fdn's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Kossuth County Hospital Foundation Aka Kossuth Regional Health Ctr Fdn

Kossuth County Hospital Foundation, also known as Kossuth Regional Health Center Foundation, is a supporting organization dedicated to the well-being of Kossuth Regional Health Center, a nonprofit, full-service healthcare provider. The foundation's mission lies in managing investments and raising funds exclusively for the benefit of Kossuth Regional Health Center. It actively assists in procuring necessary equipment, financing programs, and providing funds for recent building renovations and new construction projects. In essence, the Kossuth County Hospital Foundation plays a crucial role in enhancing the capabilities and facilities of Kossuth Regional Health Center, ensuring better healthcare services for the community it serves.

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Impact




July, 2024

Kossuth County Hospital Foundation, also known as Kossuth Regional Health Center Foundation, plays a crucial role in supporting the Kossuth Regional Health Center in Algona, IA. The foundation's impact is evident in its contributions towards equipment purchases, funding programs, as well as the remodeling and expansion of health care facilities. By managing investments and raising funds exclusively for the benefit of the health center, the foundation ensures that the community has access to high-quality and up-to-date healthcare services.




This information is meant to be a general summary of Kossuth County Hospital Foundation Aka Kossuth Regional Health Ctr Fdn. 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
$1,244,918 (2022)
Expenses
$379,035 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $414,586
  • Gross Receipts: $2,475,386

Assets and Liabilities:

  • Total Assets: $6,828,321
  • Total Liabilities: $0
  • Net Assets: $6,828,321

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Organization Details

Founding Year

1988

Principal Officer

Pat Reding

Main Address

111 NDODGE ST BOX 617, ALGONA, IA, 50511

NTEE Category

Code: E22I - Health

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