Overview
What is Nebraska Methodist Hospital Foundation?
The Nebraska Methodist Hospital Foundation is a nonprofit organization based in Omaha, Nebraska, with a mission to enhance the quality of life by supporting excellence in healthcare and education provided by the Methodist Health System. They raise, protect, and distribute funds to improve healthcare in the local community, focusing on three main areas: cancer care, charitable care, and community service. Through their Works of the Heart programs, they touch over 48,000 individuals annually, indirectly benefiting many more through research, community health awareness, and training for healthcare professionals. The foundation provides financial assistance to patients unable to afford healthcare services and funds a limited supply of prescription medication until a long-term solution is determined. In 2022, they donated $4,255,580 to Nebraska Methodist Hospital for expanding and remodeling a new emergency department facility. The foundation also supports Nebraska Methodist Hospital's Methodist Estabrook Cancer Center, aiding in preventing, diagnosing, and treating cancer in the community.
Official website here: www.methodisthospitalfoundation.org
What are the reviews and ratings of this charity?
**Rating:** 95% (Four-Star out of Four Star rating from Charity Navigator)
Nebraska Methodist Hospital Foundation is recognized for its strong performance in accountability and finance, receiving a 95% score in this area. The organization demonstrates a high level of independence among board members, with 91% being independent. Additionally, the foundation shows solid financial practices, reporting an efficient fundraising ratio and a high percentage of program expenses, which indicates a commitment to directing funds where they're most needed.
While the organization excels in various metrics, including a perfect score in equity strategies and a robust culture and community score of 91, there was a lack of historical data regarding leadership and adaptability. The nonprofit's efforts in transparency are underscored by well-documented policies such as conflict of interest and whistleblower protections.
Unfortunately, user reviews from GreatNonprofits were not available, making it impossible to gauge public sentiment through individual testimonials. However, the available financial data and governance practices suggest a strong commitment to effective operations and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Nebraska Methodist Hospital Foundation legitimate?
Nebraska Methodist Hospital Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nebraska Methodist Hospital Foundation 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: $611,174
For more financial information, click here
Official website here: www.methodisthospitalfoundation.org
What is the mission statement of Nebraska Methodist Hospital Foundation?
The Nebraska Methodist Hospital Foundation's mission is centered around enhancing the quality of life by supporting excellence in healthcare and healthcare education provided by the Methodist Health System. The foundation's primary objective is to receive contributions, safeguard, and distribute funds to improve healthcare services within the community. The foundation's initiatives are divided into three main areas: cancer care, charitable care, and community service. Through these programs, over 48,000 individuals annually benefit directly, with countless others indirectly benefiting from research, community health awareness, and training for healthcare professionals. The foundation supports the Methodist Estabrook Cancer Center, helping patients navigate the complexities of cancer treatment, including physical symptoms and emotional stress. Furthermore, the foundation provides financial assistance to patients unable to afford healthcare services and funds a limited supply of prescription medication as a temporary solution.
Official website here: www.methodisthospitalfoundation.org
Who is the CEO of Nebraska Methodist Hospital Foundation?
Tracy Madden-Mcmahon is the President of Nebraska Methodist Hospital Foundation.
Official website here: www.methodisthospitalfoundation.org
What is the revenue of Nebraska Methodist Hospital Foundation?
Nebraska Methodist Hospital Foundation's revenue in 2022 was $8,369,758.
Official website here: www.methodisthospitalfoundation.org
Who are the executives of Nebraska Methodist Hospital Foundation and what are their salaries?
The average compensation at Nebraska Methodist Hospital Foundation during 2022 was $67,908. There are 9 employees and 431 volunteers at Nebraska Methodist Hospital Foundation.
Here are 38 key members and their salaries:
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- Other: $48,759
- Compensation: $134,228
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- Other: $30,801
Official website here: www.methodisthospitalfoundation.org
Where can I find the form 990 for Nebraska Methodist Hospital Foundation?
Nebraska Methodist Hospital Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.methodisthospitalfoundation.org
Learn more at the official website: www.methodisthospitalfoundation.org
Mission Statement of Nebraska Methodist Hospital Foundation
Nebraska Methodist Hospital Foundation is dedicated to enhancing the quality of life in the community by championing excellence in healthcare and healthcare education provided by Methodist Health System. The foundation's primary mission is to collect contributions to support the various programs of Methodist Hospital and Methodist Health System. By doing so, it aims to improve the overall healthcare services in the community, touching the lives of over 48,000 individuals annually, directly or indirectly.
The foundation's activities are focused on three main areas: Cancer Care, Charitable Care, and Community Service. In the realm of Cancer Care, Nebraska Methodist Hospital Foundation supports Nebraska Methodist Hospital's Methodist Estabrook Cancer Center, an integral part of the hospital's efforts to combat cancer in the community. This center plays a crucial role in preventing, diagnosing, and treating cancer, offering a balanced approach that addresses both the physical symptoms and emotional stress associated with the disease. Additional support in Cancer Care includes oncology research, the Lung and Thoracic Oncology Clinic, and the Cancer Center Library.
In the area of Charitable Care, the foundation provides funding for patients who cannot afford medical care. Working closely with medical social workers and the hospital business office, the foundation offers financial assistance to genuinely needy patients. Furthermore, it funds a limited supply of prescription medications until a long-term solution can be found. In 2022, Nebraska Methodist Hospital Foundation contributed $4,255,580 in capital to Nebraska Methodist Hospital, allowing for the expansion and remodeling of a new emergency department facility.
In essence, Nebraska Methodist Hospital Foundation's mission is to improve the health and well-being of the community by supporting exceptional healthcare services and education provided by Methodist Health System. It accomplishes this by raising funds, protecting these resources, and distributing them to various programs that focus on Cancer Care, Charitable Care, and Community Service.
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Impact
July, 2024
Nebraska Methodist Hospital Foundation's impact is profound and far-reaching. Through its Works of the Heart programs, the foundation touches the lives of over 48,000 individuals each year, benefiting not only patients directly but also indirectly through research, community health awareness, and professional training. The foundation supports Methodist Estabrook Cancer Center in its mission to prevent, diagnose, and treat cancer in the community.
Moreover, the Charitable Care programs provided funding for approximately 11,300 patients who were unable to afford care, demonstrating a commitment to ensuring that all individuals have access to quality healthcare. In 2022, the foundation made a significant capital donation of $4,255,580 to Nebraska Methodist Hospital to support the expansion and remodeling of a new Emergency Department facility.
Overall, Nebraska Methodist Hospital Foundation's work aligns with its mission to improve the quality of life by supporting excellence in healthcare and healthcare education provided by Methodist Health System.
This information is meant to be a general summary of Nebraska Methodist Hospital Foundation. 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: $2,457,851
- Gross Receipts: $62,470,901
Assets and Liabilities:
- Total Assets: $149,123,880
- Total Liabilities: $2,348,688
- Net Assets: $146,775,192
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Organization Details
Founding Year
1977
Phone
(402) 354-4840Principal Officer
Tracy Madden-Mcmahon
Main Address
825 S 169TH STREET, OMAHA, NE, 68118
NTEE Category
Code: E110 - Health
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