Overview
What is Crudem Foundation Inc?
Crudem Foundation Inc, with its headquarters at 362 Sewall Street, Ludlow, Massachusetts, is a nonprofit organization dedicated to improving health care access for impoverished and medically underserved individuals globally. This mission is achieved through fundraising, managing, and distributing contributions of funds and assets to hospitals worldwide. One of the hospitals they support is Hopital Sacre Couer in Milot, Haiti. Crudem Foundation's operations encompass various expenses such as utilities, general supplies, personnel costs, facility maintenance, and equipment. The organization employs a team of two individuals in its mission to better the lives of those in need of healthcare services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating. This rating reflects the Crudem Foundation Inc's strong performance in accountability and finance, with a perfect score in several key areas such as having a majority of independent board members and no material diversion of assets. The organization has implemented essential policies including conflict of interest and whistleblower protections, indicating a commitment to transparency and ethical governance.
The foundation demonstrates a commendable program expense ratio of 93.21%, suggesting that a significant portion of its funds directly support its programs rather than administrative costs. This efficient use of resources is a positive indicator for donors interested in the effectiveness of their contributions. Additionally, the foundation's liabilities to assets ratio of 13.19% implies a healthy financial structure, minimizing risks associated with debt.
While the Crudem Foundation Inc shows strong accountability and financial practices, the overall rating reflects opportunities for improvement in areas that could enhance their impact. Continued engagement with community needs and expanding outreach efforts may further strengthen their mission effectiveness and donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Crudem Foundation Inc legitimate?
Crudem Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crudem 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: $365,432
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Crudem Foundation Inc?
Crudem Foundation Inc's mission is centered around enhancing access to essential healthcare services for impoverished and medically underserved individuals globally. This is achieved through fundraising, managing, and distributing contributions of funds and other resources. One of the key recipients of these efforts is Hopital Sacre Couer in Milot, Haiti. The organization's contributions primarily cover the hospital's operational expenses, including utilities, supplies, personnel, maintenance, and equipment. Its goal is to ensure that these underprivileged communities have access to necessary healthcare services.
Who is the CEO of Crudem Foundation Inc?
Joni Paterson is the Executive Director of Crudem Foundation Inc.
What is the revenue of Crudem Foundation Inc?
Crudem Foundation Inc's revenue in 2022 was $1,732,470.
Who are the executives of Crudem Foundation Inc and what are their salaries?
The average compensation at Crudem Foundation Inc during 2022 was $182,716. There are 2 employees and 3 volunteers at Crudem Foundation Inc.
Here are 11 key members and their salaries:
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- Compensation: $75,032
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- Other: $38,000
Where can I find the form 990 for Crudem Foundation Inc?
Crudem Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Crudem Foundation Inc
Crudem Foundation Inc, as a nonprofit organization, is committed to enhancing access to healthcare services for impoverished and medically underserved individuals globally. Their mission extends beyond borders, aiming to support hospitals that cater to these health needs. One of their primary focuses is Hopital Sacre Coeur in Milot, Haiti. The Foundation's role involves managing and distributing funds and other resources, ensuring the smooth operation of these hospitals by covering essential costs such as utilities, supplies, personnel expenses, and facility maintenance. By doing so, Crudem Foundation Inc is instrumental in providing vital healthcare services to those who are most in need.
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Impact
July, 2024
Crudem Foundation Inc's impact is significant in improving access to healthcare services for the poor and medically underserved individuals worldwide. Through fundraising and managing contributions, the organization supports hospitals such as Hopital Sacre Couer in Haiti. By funding essential hospital operating costs including utilities, personnel expenses, and facility maintenance, Crudem Foundation Inc plays a crucial role in ensuring these healthcare facilities can continue to serve those in need. Their work contributes to supporting the health and well-being of communities in Haiti and beyond, making a tangible difference in the lives of those who require medical assistance.
This information is meant to be a general summary of Crudem 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 2022.
- Investment Income: $855
- Gross Receipts: $1,834,128
Assets and Liabilities:
- Total Assets: $1,221,211
- Total Liabilities: $161,154
- Net Assets: $1,060,057
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Organization Details
Founding Year
1993
Phone
(413) 642-0450Principal Officer
Joni Paterson
Main Address
362 Sewall Street, LUDLOW, MA, 010560804
NTEE Category
Code: Q300 - International
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