Overview
What is Dakota Hospital Foundation Inc?
Dakota Hospital Foundation Inc, based in Vermillion, South Dakota, is a dedicated nonprofit organization with a mission to support and strengthen the local healthcare system. They accomplish this by distributing funds to bring the community together, aiming to enhance the overall care structure in the Vermillion area and surrounding regions. The foundation offers a varied array of services to the local community, contributing positively to its well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating. This rating indicates a solid performance in accountability and finance for Dakota Hospital Foundation Inc, reflecting the organization’s commitment to responsible management and oversight.
The foundation has achieved a perfect score in several key areas, including having a fully independent board of directors and no material diversions of assets. With a liabilities to assets ratio of 0.00%, the organization demonstrates strong financial health, indicating that it operates without debt and effectively manages its resources. The presence of a conflict of interest policy further enhances its governance structure.
However, the program expense ratio stands at 59.14%, which could suggest that a significant portion of its expenditures is allocated to administrative costs rather than direct program services. While this rating reflects a generally positive standing, potential donors may want to consider the balance between overhead and programmatic spending before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Dakota Hospital Foundation Inc legitimate?
Dakota Hospital Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dakota Hospital 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:
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What is the mission statement of Dakota Hospital Foundation Inc?
Dakota Hospital Foundation Inc is dedicated to serving its local hospital and community. Their mission involves bringing together resources from the community to strengthen, support, and enhance the healthcare system in the Vermillion area. The foundation offers a broad range of services to this community, with the goal of improving and enhancing the local healthcare system. Their expenditures are focused on this objective, aiming to make a positive impact on the community's healthcare services.
Who is the CEO of Dakota Hospital Foundation Inc?
Andy Howe is the President of Dakota Hospital Foundation Inc.
What is the revenue of Dakota Hospital Foundation Inc?
Dakota Hospital Foundation Inc's revenue in 2023 was $891,852.
Who are the executives of Dakota Hospital Foundation Inc and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for Dakota Hospital Foundation Inc?
Dakota Hospital Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Dakota Hospital Foundation Inc
Dakota Hospital Foundation Inc is committed to serving its local hospital and community. Dedicated to this cause, the foundation offers a wide array of services to enhance the healthcare system in the Vermillion area and surrounding regions. Their mission is to bring together resources from the community, with the goal of strengthening, supporting, and improving the local healthcare infrastructure. Through their various initiatives, the foundation works tirelessly to enhance the healthcare services available to the community.
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Impact
July, 2024
Dakota Hospital Foundation Inc plays a vital role in strengthening, supporting, and enhancing the Vermillion area system of care. By offering a broad range of services to the local community of Vermillion, South Dakota, and surrounding areas, the foundation is dedicated to serving the local hospital and its community. Through its philanthropic endeavors and expenditures, Dakota Hospital Foundation Inc brings gifts of the community together to make a tangible impact on healthcare services and the overall well-being of the community.
This information is meant to be a general summary of Dakota Hospital 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 2023.
- Investment Income: $800,742
- Gross Receipts: $895,628
Assets and Liabilities:
- Total Assets: $7,092,431
- Total Liabilities: $0
- Net Assets: $7,092,431
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Organization Details
Founding Year
1930
Phone
(605) 677-3500Principal Officer
Andy Howe
Main Address
20 SOUTH PLUM ST, VERMILLION, SD, 57069
NTEE Category
Code: T30 - Philanthropy
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