Overview
What is Chi Health Foundation?
The Chi Health Foundation, based in Omaha, Nebraska, is a charitable organization dedicated to supporting the healthcare ministry of Alegent Creighton Health System. During the fiscal year 2022, it distributed $874,347 to Immanuel Medical Center and related facilities. The foundation's primary areas of support include capital construction and renovation projects, general operating expenses, and rehabilitation center equipment and programs. In line with its mission, which involves nurturing the healing ministry of the church through education and research, Chi Health Foundation, as an affiliate of CommonSpirit Health, aims to improve the health of the people it serves, particularly the vulnerable, while advocating for social justice for all. The organization has a workforce of 8 employees.
Official website here: www.chihealth.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
The Chi Health Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial performance. With a score of 90% overall, the foundation demonstrates high standards in governance, as evidenced by its fully independent board and robust audit and oversight practices. The absence of material diversion of assets and well-structured policies around conflict of interest and whistleblowing further underscore its commitment to transparency.
In terms of financial health, the Chi Health Foundation showcases a solid program expense ratio of 69.04%, indicating that a significant portion of its funds directly supports its mission-driven programs. Additionally, the foundation maintains a strong working capital ratio of 6.00 years, suggesting financial stability and the ability to sustain operations in the long term, though its liabilities to assets ratio could be seen as an area for improvement.
Culturally, the foundation excels with an impressive score of 97 in its equity strategies, indicating a strong focus on inclusivity and community engagement. This highlights the organization's commitment to not just financial accountability but also fostering a positive impact within the community it serves. Overall, while the Chi Health Foundation displays notable strengths in its operations, continued attention to financial ratios could enhance its overall financial picture.
This AI summary has been generated from information found on Charity Navigator.
Is Chi Health Foundation legitimate?
Chi Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chi Health 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: $348,195
Professional Fundraising Fees: $0
Other Salaries and Wages: $327,310
For more financial information, click here
Official website here: www.chihealth.com
What is the mission statement of Chi Health Foundation?
The Chi Health Foundation, as an affiliate of CommonSpirit Health, aims to embody the healing presence of God in the world by enhancing the health of the people they serve, particularly those who are vulnerable. This organization supports the healthcare ministry of Alegent Creighton Health System and works towards advancing social justice for all. In line with its mission, the Chi Health Foundation distributed $874,347 during fiscal year 2022 to Immanuel Medical Center and related facilities, primarily focusing on capital construction and renovation projects, general operating support, and rehabilitation center equipment and programs.
Official website here: www.chihealth.com
Who is the CEO of Chi Health Foundation?
Evert Kuiper is the CEO of Chi Health Foundation The CEO's salary of Chi Health Foundation is $0 and their total compensation is $1,303,984.
Official website here: www.chihealth.com
What is the revenue of Chi Health Foundation?
Chi Health Foundation's revenue in 2023 was $3,861,708.
Official website here: www.chihealth.com
Who are the executives of Chi Health Foundation and what are their salaries?
The average compensation at Chi Health Foundation during 2023 was $96,501. There are 7 employees and 45 volunteers at Chi Health Foundation.
Here are 15 key members and their salaries (Chi Health Foundation's CEO's salary is $0 and their total compensation is $1,303,984):
- Compensation: $0
- Related: $1,274,593
- Other: $29,391
- Compensation: $0
- Related: $1,168,841
- Other: $54,280
- Compensation: $300,958
- Related: $0
- Other: $43,430
- Compensation: $0
- Related: $257,678
- Other: $47,032
- 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: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.chihealth.com
Where can I find the form 990 for Chi Health Foundation?
Chi Health Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.chihealth.com
Learn more at the official website: www.chihealth.com
Mission Statement of Chi Health Foundation
Chi Health Foundation, an affiliate of CommonSpirit Health, is committed to fulfilling its mission. This mission involves nurturing the healing ministry of the church, supported by education and research. In simpler terms, Chi Health Foundation aims to make the healing presence of God known in the world by improving the health of the people they serve, particularly those who are vulnerable. They strive to advance social justice for all, ensuring that everyone has access to adequate healthcare.
As a part of this mission, Chi Health Foundation supports the healthcare ministry of Alegent Creighton Health System. During the fiscal year 2022, they distributed an amount of $874,347 to Immanuel Medical Center and related facilities. Their support was primarily focused on three areas: capital construction and renovation projects, general operating support, and rehabilitation center equipment and programs. By investing in these areas, Chi Health Foundation is actively contributing to the improvement of healthcare services and the well-being of vulnerable individuals.
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Impact
July, 2024
The Chi Health Foundation's impact is significant as it supports the healthcare ministry of Alegent Creighton Health System. In fiscal year 2022, the Foundation distributed $874,347 to Immanuel Medical Center and related facilities. The Foundation focuses on three primary areas: capital construction and renovation projects, general operating support, and rehabilitation center equipment and programs. As an affiliate of CommonSpirit Health, the Foundation helps improve the health of the people it serves, especially the vulnerable, while advancing social justice for all.
This information is meant to be a general summary of Chi Health 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 2023.
- Investment Income: $395,885
- Gross Receipts: $4,020,467
Assets and Liabilities:
- Total Assets: $29,885,350
- Total Liabilities: $10,104,818
- Net Assets: $19,780,532
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Organization Details
Founding Year
1982
Principal Officer
Kathy Bertolini
Website
www.chihealth.comNTEE Category
Code: E122 - Health
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