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Palmer College Foundation

Palmer College Of Chiropractic

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

EIN: 426081293 ✦ Davenport, IA ✦ Designated as a 501(c)(3)

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Overview

What is Palmer College Foundation?

The Palmer College Foundation, with its headquarters at 1000 Brady Street in Davenport, Iowa (52803), is a dedicated nonprofit organization. It is renowned for providing education to students, earning them a Doctor of Chiropractic degree. Students undergo comprehensive classroom and lab instruction at Palmer College of Chiropractic to grasp the science, art, and philosophy of chiropractic. The Spring 2022 term boasted an enrollment of 1,703 students. The foundation's mission encompasses promoting learning, delivering healthcare, engaging communities, and advancing knowledge through research. With a workforce of 1,041 employees, it remains committed to its purpose.


Official website here: www.palmer.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

Palmer College Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. The organization scored 96% overall, with its rating being driven entirely by its Accountability & Finance score. This suggests a strong commitment to transparency and effective financial management, which are crucial for maintaining donor trust and operational integrity.

The foundation demonstrates several organizational strengths, including a majority of independent board members, which indicates a commitment to unbiased governance. Additionally, it has implemented comprehensive policies such as conflict of interest, whistleblower protections, and proper document retention, showcasing its proactive approach to ethical management. The foundation has also reported no material diversion of assets, further solidifying its credibility.

However, while the financial metrics indicate strong performance, the summary does not provide insights into program effectiveness or the impact of its initiatives. Although the program expense ratio is relatively high at 73.64%, which suggests that a significant portion of funds goes directly to programs, more detailed information on the outcomes of these programs would enhance the understanding of the foundation's overall effectiveness.


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

Is Palmer College Foundation legitimate?

Palmer College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palmer College 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: $1,600,192
Professional Fundraising Fees: $65,000
Other Salaries and Wages: $23,765,068

For more financial information, click here


Official website here: www.palmer.edu

What is the mission statement of Palmer College Foundation?

The Palmer College Foundation is dedicated to the promotion of learning, delivering healthcare, engaging communities, and advancing knowledge through research. Through its educational programs, the foundation equips students with the science, art, and philosophy of chiropractic, as evidenced by the enrollment of 1,703 students for the spring 2022 term. This non-profit organization aims to make a difference in people's lives by providing high-quality education and healthcare services while actively engaging with their communities. By investing in research, the foundation also contributes to the advancement of knowledge in the field of chiropractic care, ultimately improving patient outcomes.


Official website here: www.palmer.edu

Who is the CEO of Palmer College Foundation?

Dennis Marchiori Dc is the President/Ceo of Palmer College Foundation. The CEO's salary of Palmer College Foundation is $512,857 and their total compensation is $585,704.


Official website here: www.palmer.edu

What is the revenue of Palmer College Foundation?

Palmer College Foundation's revenue in 2022 was $91,492,236.


Official website here: www.palmer.edu

Who are the executives of Palmer College Foundation and what are their salaries?

The average compensation at Palmer College Foundation during 2022 was $24,366. There are 1041 employees and 369 volunteers at Palmer College Foundation.


Here are 26 key members and their salaries (Palmer College Foundation's CEO's salary is $512,857 and their total compensation is $585,704):


Kent Pilcher (Trustee)
  • Compensation: $938
  • Related: $0
  • Other: $0
Paul Vanduyne Pe Dc (Trustee/Vice Chairperson)
  • Compensation: $900
  • Related: $0
  • Other: $0
Vickie A Palmer Hcd (Trustee/Secretary General)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Craft Dc (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Betz Phd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Doucette Phd (Trustee)
  • Compensation: $671
  • Related: $0
  • Other: $0
Kenneth R Koupal (Trustee)
  • Compensation: $623
  • Related: $0
  • Other: $0
Susan Hatfield Phd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Chance Dc (Trustee)
  • Compensation: $991
  • Related: $0
  • Other: $0
Patricia Hardaway Jd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Hinkeldey Dc Dacrb (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trevor V Ireland Dc (Trustee/Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Keller Dc Ma (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Lambert Jd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Marchiori Dc (President/Ceo)
  • Compensation: $512,857
  • Related: $0
  • Other: $72,847
Dan Weinert Dc (Provost/Executive Vice President)
  • Compensation: $256,398
  • Related: $0
  • Other: $57,359
Jennifer Randazzo (Vice Chancellor Finance/Treasurer)
  • Compensation: $203,837
  • Related: $0
  • Other: $47,253
Lynne Lindstrom (Asst Sec Gen/Exec Dir Of Bod Affairs)
  • Compensation: $94,942
  • Related: $0
  • Other: $31,562
Peter Martin Dc (Campus President)
  • Compensation: $259,613
  • Related: $0
  • Other: $32,266
Kevin Cunningham Dc (Vice Chancellor)
  • Compensation: $200,698
  • Related: $0
  • Other: $49,752
Robert Percuoco Dc (Vice Chancellor)
  • Compensation: $237,953
  • Related: $0
  • Other: $49,255
Cynthia Long Dc (Dean Of Research)
  • Compensation: $194,659
  • Related: $0
  • Other: $39,688
Barbara Melbourne Jd (Vice Chancellor)
  • Compensation: $209,552
  • Related: $0
  • Other: $19,505
Michael Norris (Vice Chancellor)
  • Compensation: $185,265
  • Related: $0
  • Other: $11,076
Ian Mclean (Director Clinical Radiology)
  • Compensation: $208,829
  • Related: $0
  • Other: $13,298
William Meeker Dc (Fmr Campus President-Ret. 6/30/2021)
  • Compensation: $167,867
  • Related: $0
  • Other: $19,633


Official website here: www.palmer.edu

Where can I find the form 990 for Palmer College Foundation?

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


Official website here: www.palmer.edu

Learn more at the official website: www.palmer.edu

Mission Statement of Palmer College Foundation

Palmer College Foundation, a renowned institution, is dedicated to the pursuit of knowledge, the delivery of healthcare, and community engagement. This organization's primary mission revolves around promoting learning, delivering healthcare, and advancing knowledge through research.

Palmer College Foundation's educational arm cultivates future doctors of chiropractic by providing them with rigorous classroom and lab instruction. The students learn the science, art, and philosophy of chiropractic, equipping them with the skills necessary to make a positive impact on people's lives. As of the spring 2022 term, the foundation welcomed an enrollment of 1,703 students.

Moreover, Palmer College Foundation is deeply committed to delivering healthcare services. The foundation's mission extends beyond education, as it strives to engage with its communities and provide essential healthcare services. By advancing knowledge through research, the foundation ensures that its students and the wider community benefit from the latest findings and innovations in the field of chiropractic care.

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Impact




October, 2024

Palmer College Foundation significantly impacts the community by promoting learning and delivering healthcare as part of its mission to advance knowledge through research. It is dedicated to educating future chiropractors, equipping students with both classroom and lab instruction in the science, art, and philosophy of chiropractic care. As of Spring 2022, the foundation supported an enrollment of 1,703 students, fostering a new generation of healthcare professionals poised to contribute to their communities. In addition, the foundation engages with local communities, emphasizing the importance of wellness and knowledge sharing, ultimately enriching the overall health landscape. Through its initiatives, Palmer College Foundation not only advances the field of chiropractic education but also enhances community health and well-being.




This information is meant to be a general summary of Palmer College 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
$91,492,236 (2022)
Expenses
$65,487,243 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,890,256
  • Program Service Revenue: $66,558,717
  • Gross Receipts: $110,330,961

Assets and Liabilities:

  • Total Assets: $257,383,249
  • Total Liabilities: $48,375,392
  • Net Assets: $209,007,857

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION AND FEES

Revenue

$63,697,230

CLINIC REVENUE

Revenue

$1,582,515

AUXILIARY ENTERPRISES

Revenue

$1,080,412

INT ON LOANS RECEIVABL

Revenue

$147,623

REGSTRTN FEES & LIBRAR

Revenue

$50,937

Organization Details

Founding Year

1897

Principal Officer

Dennis Marchiori Dc

Main Address

1000 BRADY STREET, DAVENPORT, IA, 52803

NTEE Category

Code: B500 - Education

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