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Foundation For Health

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

EIN: 460393481 ✦ Deadwood, SD ✦ Designated as a 501(c)(3)

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Overview

What is Foundation For Health?

Foundation For Health is a nonprofit organization based in Deadwood, South Dakota, located at 61 Charles St. Their primary goal is to support the community's health and safety needs, as well as help other local non-profit organizations, such as Meals on Wheels, in their missions. One of their key missions is to contribute to the local non-profit hospital and aid cancer patients. The organization's main objective is to raise funds and accept contributions, with the aim of promoting and upholding the mission of Monument Health Lead-Deadwood Hospital, and addressing the health and safety needs of the community as a whole.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while the Foundation For Health meets certain standards of accountability and transparency, there are areas where it could improve to enhance its overall effectiveness and impact.

The organization showcases strong governance with a fully independent board, comprising nine members, and has demonstrated no material diversion of assets. Additionally, it achieves a high program expense ratio of 76.72%, indicating that a significant portion of its funds is directed towards its programs rather than administrative expenses.

However, despite its strengths in governance and financial management, the overall rating of 73% suggests that there may be challenges or weaknesses in other areas that could be addressed to raise the nonprofit's effectiveness in achieving its mission. Overall, while the organization is making positive strides, there is potential for growth and improvement.


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

Is Foundation For Health legitimate?

Foundation For Health is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Health 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: $39,036
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Foundation For Health?

The mission of Foundation For Health is primarily focused on supporting the mission of a local non-profit hospital, Monument Health Lead-Deadwood Hospital, and addressing the health and safety needs of the community. To accomplish this, the organization raises funds and accepts contributions. Additionally, Foundation For Health provides assistance to various community groups, including those dedicated to helping others within the community, such as Meals on Wheels and other non-profit organizations. The aim is to support and enhance the well-being of the community as a whole.

Who is the CEO of Foundation For Health?

Laurie Wince is the Director of Foundation For Health.

What is the revenue of Foundation For Health?

Foundation For Health's revenue in 2023 was $33,200.

Who are the executives of Foundation For Health and what are their salaries?


Here are 4 key members and their salaries:


Laurie Wince (Director)
  • Compensation: $38,585
  • Related: $0
  • Other: $0
Dot O'Connor (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Milos (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amber Vogt (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Foundation For Health?

Foundation For Health's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Foundation For Health

The Foundation For Health is committed to its mission of supporting the local non-profit hospital and aiding cancer patients. This organization strives to raise funds and receive contributions with the intention of promoting and boosting the mission of Monument Health Lead-Deadwood Hospital. Moreover, the Foundation For Health is dedicated to addressing the health and safety needs of their community. They extend their assistance to various community groups, providing aid for their health and safety needs, as well as for those groups that aim to help others in their community. This is evident through their support to initiatives such as Meals on Wheels and other non-profit organizations.

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Impact




October, 2024

Foundation For Health significantly impacts the community by supporting local health initiatives and enhancing the services provided by Monument Health Lead-Deadwood Hospital. It plays a crucial role in funding and facilitating assistance to various community health and safety needs. Through its efforts, the organization aids cancer patients and partners with groups like Meals on Wheels, ensuring that vulnerable populations receive essential services. By raising funds and garnering contributions, Foundation For Health promotes a healthier community in Deadwood, SD, addressing both immediate and long-term health challenges.




This information is meant to be a general summary of Foundation For Health. 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
$33,200 (2023)
Expenses
$90,213 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $9,966
  • Gross Receipts: $292,962

Assets and Liabilities:

  • Total Assets: $1,036,159
  • Total Liabilities: $0
  • Net Assets: $1,036,159

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Organization Details

Founding Year

1986

Principal Officer

Laurie Wince

Main Address

61 Charles St, Deadwood, SD, 57732

NTEE Category

Code: E22I - Health

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