Overview
What is Solaris Foundation Inc?
The Solaris Foundation Inc is a nonprofit organization based in Naples, Florida, with a mission to enhance the overall quality of life for individuals in the southeastern United States. They aim to address the medical, social, and wellness needs of the elderly, indigent, and children through a comprehensive health and wellness program. In 2021, they provided various services such as skilled nursing and assisted living, consulting services to healthcare facilities, and collaborated with community organizations to reduce hospital readmission rates. Their long-term goal is to improve wellbeing across the region by working with affiliated entities and healthcare providers. The foundation has a workforce of over 4,000 employees dedicated to achieving this mission.
Official website here: www.solarisfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Solaris Foundation Inc has received an 81% rating from Charity Navigator, reflecting a solid performance in accountability and finance. This score is derived entirely from their Accountability & Finance beacon, indicating a strong focus on financial health and transparency. The organization has demonstrated effective governance, with 66% of its board members being independent, which fosters unbiased decision-making.
One of the strengths highlighted in the evaluation is the foundation's impressive program expense ratio of 96.90%, indicating that a significant majority of its expenditures are directed towards its programs rather than administrative costs. Additionally, the presence of comprehensive policies such as conflict of interest, whistleblower, and document retention policies points to a commitment to ethical practices and robust oversight.
While the rating is favorable, the evaluation does not provide insights into the organization's programmatic impact or areas of service, leaving potential donors and supporters with limited information regarding the effectiveness of its initiatives. Overall, Solaris Foundation Inc appears to prioritize financial integrity and accountability, making it a trustworthy option for philanthropic contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Solaris Foundation Inc legitimate?
Solaris Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Solaris 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: $5,529,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $97,835,181
For more financial information, click here
Official website here: www.solarisfoundation.org
What is the mission statement of Solaris Foundation Inc?
Solaris Foundation Inc strives to enhance the health and wellness of vulnerable individuals in the southeastern United States. Their comprehensive program aims to address the medical, social, and wellness needs of the elderly, indigent, and children in each community they serve. In pursuit of their long-term plan, Solaris provided various services in 2021, including skilled nursing and assisted living care, consulting services to healthcare facilities, and collaborations with community organizations to reduce hospital readmission rates. Ultimately, their mission is to improve the overall quality of life of individuals throughout the southeastern United States.
Official website here: www.solarisfoundation.org
Who is the CEO of Solaris Foundation Inc?
Thomas Bell is the President of Solaris Foundation Inc. The CEO's salary of Solaris Foundation Inc is $144,526 and their total compensation is $151,217.
Official website here: www.solarisfoundation.org
What is the revenue of Solaris Foundation Inc?
Solaris Foundation Inc's revenue in 2022 was $224,921,900.
Official website here: www.solarisfoundation.org
Who are the executives of Solaris Foundation Inc and what are their salaries?
The average compensation at Solaris Foundation Inc during 2022 was $25,440. There are 4063 employees at Solaris Foundation Inc.
Here are 21 key members and their salaries (Solaris Foundation Inc's CEO's salary is $144,526 and their total compensation is $151,217):
- Compensation: $754,915
- Related: $0
- Other: $26,327
- Compensation: $325,306
- Related: $0
- Other: $9,987
- Compensation: $219,951
- Related: $0
- Other: $31,112
- 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: $198,033
- Related: $0
- Other: $1,200
- Compensation: $246,102
- Related: $0
- Other: $14,590
- Compensation: $157,674
- Related: $0
- Other: $5,287
- Compensation: $248,849
- Related: $0
- Other: $13,000
- Compensation: $188,457
- Related: $0
- Other: $9,110
- Compensation: $117,746
- Related: $0
- Other: $4,600
- Compensation: $178,957
- Related: $0
- Other: $3,445
- Compensation: $179,029
- Related: $0
- Other: $7,100
- Compensation: $144,526
- Related: $0
- Other: $6,691
- Compensation: $246,805
- Related: $0
- Other: $9,995
- Compensation: $180,229
- Related: $0
- Other: $24,122
- Compensation: $179,727
- Related: $0
- Other: $15,304
- Compensation: $196,084
- Related: $0
- Other: $10,400
- Compensation: $1,296,371
- Related: $0
- Other: $12,963
Official website here: www.solarisfoundation.org
Where can I find the form 990 for Solaris Foundation Inc?
Solaris Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.solarisfoundation.org
Learn more at the official website: www.solarisfoundation.org
Mission Statement of Solaris Foundation Inc
Solaris Foundation Inc, a renowned nonprofit organization, is dedicated to enhancing the health and wellness of the elderly, indigent, and medically needy individuals in the southeastern United States. By implementing a comprehensive health and wellness program, Solaris aims to address the unique needs of each community it serves.
In line with its long-term plans, Solaris Foundation provided various services in 2021 to further its mission. The organization extended its reach to the skilled nursing and assisted living markets, offering essential care and support to those in need. Moreover, Solaris Foundation offered consulting services to skilled nursing facilities and assisted living facilities, empowering them to improve their services and better cater to their residents. In addition, Solaris Foundation collaborated with local community organizations to identify opportunities to decrease hospital readmission rates, ultimately contributing to the overall wellbeing of the individuals in their care.
With a vision to improve the overall quality of life of individuals throughout the southeastern United States, Solaris Foundation is committed to delivering a holistic approach to health and wellness. By addressing the medical, social, and wellness needs of the elderly, indigent, and medically needy, Solaris Foundation strives to make a positive impact on the lives of those it serves. Through its group of affiliated entities and network of healthcare providers, Solaris Foundation continues to develop and expand its reach, ensuring that no individual is left behind in the pursuit of health and wellness.
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Impact
October, 2024
Solaris Foundation Inc significantly enhances the quality of life for individuals in the southeastern United States by implementing a comprehensive health and wellness program tailored to the unique needs of each community. Through a robust network of healthcare providers and affiliated entities, Solaris addresses the medical, social, and wellness requirements of the elderly, indigent, and children.
In 2021, Solaris expanded its efforts within the skilled nursing and assisted living sectors, offering consulting services to optimize care facilities. This initiative not only boosts the standard of care but also fosters partnerships with local organizations to identify opportunities aimed at reducing hospital readmission rates. By tackling these critical health challenges, Solaris Foundation Inc contributes to a more effective healthcare continuum, ultimately improving health outcomes for vulnerable populations in the region.
The foundation's commitment to enhancing wellness transcends individual care, fostering a community-focused approach that reflects an understanding of the interconnectedness of health, social support, and overall well-being. This mission is crucial in addressing and improving the complex needs of medically needy individuals throughout the southeastern United States.
This information is meant to be a general summary of Solaris 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: $3,071,954
- Program Service Revenue: $219,441,527
- Gross Receipts: $225,515,370
Assets and Liabilities:
- Total Assets: $125,769,830
- Total Liabilities: $125,905,754
- Net Assets: -$135,924
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$219,441,527
Organization Details
Founding Year
2012
Phone
(239) 206-8187Principal Officer
Thomas Bell
Main Address
PO BOX 110881, NAPLES, FL, 34108
Website
www.solarisfoundation.orgNTEE Category
Code: E91 - Health
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