Overview
What is Towner County Hospital Authority?
Towner County Hospital Authority is a nonprofit organization that plays a crucial role in providing healthcare services in Towner County, North Dakota. Specifically, they own and manage an acute care hospital and a physician clinic located in Cando. The primary function of this authority is to furnish necessary healthcare facilities and equipment to Towner County Medical Center, thereby furthering its tax-exempt mission. By leasing its facilities and equipment to the medical center, Towner County Hospital Authority contributes significantly to the provision of comprehensive healthcare services in the region.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Towner County Hospital Authority has received a rating of 71%, earning a two-star designation from Charity Navigator. The organization demonstrates strong governance, with 88% of its board members being independent and maintaining transparency in its financial audits. Additionally, its high program expense ratio indicates a significant focus on its core mission, allocating 96.87% of its expenses directly to programs.
However, the hospital authority faces several limitations that impact its overall rating, particularly in areas related to accountability. Notably, it lacks a whistleblower policy and a document retention and destruction policy, both of which are critical for ensuring ethical management practices. Furthermore, the organization's tax form is not posted on its website, which affects transparency regarding its financial dealings.
The liabilities to assets ratio is another area of concern, with a high percentage of liabilities compared to assets, suggesting potential financial vulnerability. While the organization has solid strengths in board independence and program spending, addressing these weaknesses will be essential for improving its future ratings and overall public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Towner County Hospital Authority legitimate?
Towner County Hospital Authority is a legitimate nonprofit organization registered as a 501(c)(3) entity. Towner County Hospital Authority 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: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Towner County Hospital Authority?
The Towner County Hospital Authority's mission is centered around providing health care facilities and equipment to support the tax-exempt mission of Towner County Medical Center. By owning an acute care hospital and physician clinic in Cando, North Dakota, and leasing its facilities and equipment to the medical center, the authority aims to contribute to the medical center's objectives. This collaboration allows for the delivery of essential health care services to the community. The authority's role is instrumental in furthering the medical center's mission, ultimately benefiting the health and well-being of the individuals it serves.
Who is the CEO of Towner County Hospital Authority?
Tim Hendrickson is the President of Towner County Hospital Authority. The CEO's salary of Towner County Hospital Authority is $0 and their total compensation is $297,358.
What is the revenue of Towner County Hospital Authority?
Towner County Hospital Authority's revenue in 2022 was $3,599,010.
Who are the executives of Towner County Hospital Authority and what are their salaries?
There 8 volunteers at Towner County Hospital Authority.
Here are 9 key members and their salaries (Towner County Hospital Authority's CEO's salary is $0 and their total compensation is $297,358):
- Compensation: $0
- Related: $173,189
- Other: $18,878
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $276,919
- Other: $20,439
Where can I find the form 990 for Towner County Hospital Authority?
Towner County Hospital Authority's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Towner County Hospital Authority
Towner County Hospital Authority is committed to providing health care facilities and equipment to support the tax-exempt mission of Towner County Medical Center. In essence, this nonprofit organization plays a crucial role in outfitting the medical center with the necessary infrastructure and tools to carry out its exempt purpose effectively. The Authority owns an acute care hospital and a physician clinic, which it leases to Towner County Medical Center, thus enabling the medical center to deliver comprehensive health services to its patients. By furnishing these facilities and equipment, Towner County Hospital Authority contributes significantly to the medical center's ability to fulfill its mission and meet the health care needs of its community.
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Impact
July, 2024
Towner County Hospital Authority's impact is profound in providing essential health care facilities and equipment to Towner County Medical Center, ultimately supporting the community's health needs. Through ownership of an acute care hospital and physician clinic in Cando, North Dakota, the authority plays a vital role in ensuring accessible and quality healthcare services for residents in the area. By furnishing these crucial resources, Towner County Hospital Authority directly contributes to the well-being and welfare of individuals in Towner County and beyond.
This information is meant to be a general summary of Towner County Hospital Authority. 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: $46,199
- Program Service Revenue: $195,600
- Gross Receipts: $3,599,010
Assets and Liabilities:
- Total Assets: $5,364,276
- Total Liabilities: $1,308,872
- Net Assets: $4,055,404
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental - Hosp & Clinic
Revenue
$195,600
Organization Details
Founding Year
1991
Phone
(701) 968-4411Principal Officer
Tim Hendrickson
Main Address
Highway 281 North Box 688, Cando, ND, 58324
NTEE Category
Code: E20 - Health
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