Christus St Michael Foundation

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

EIN: 471655865 ✦ Texarkana, TX ✦ Designated as a 501(c)(3)

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Overview

What is Christus St Michael Foundation?

Christus St. Michael Foundation is a charitable organization based in Texarkana, Texas. Its primary objective is to foster philanthropy and charitable giving, aiming to strengthen CHRISTUS Health Ark-La-Tex's capacity to fulfill its mission of delivering healthcare services and addressing community health needs. The foundation collects donations, invests them, and utilizes the income to support CHRISTUS Health Ark-La-Tex's healthcare facilities, services, and community programs within its service area. The organization's mission is closely tied to the religious congregations that sponsor and approve CHRISTUS Health, upholding their doctrines, resolutions, and ethical principles while adhering to the ethical and religious directives for Catholic healthcare services.


Official website here: www.christusstmichaelfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 93%

Christus St Michael Foundation has received a commendable Four-Star out of Four Star rating from Charity Navigator, indicating a high level of transparency and accountability. The organization scored 93% overall, with particularly strong marks in areas such as board independence and financial oversight. Having 88% of board members classified as independent and a fully independent board of 16 members reflects a solid commitment to governance best practices.

The foundation demonstrates effective financial management, evidenced by a zero liabilities to assets ratio and a robust program expense ratio of 67.42%. These figures suggest that a significant portion of their resources is directed toward fulfilling their mission rather than administrative costs. The presence of a comprehensive set of policies—including conflict of interest, whistleblower, and document retention policies—further underscores their commitment to ethical operations.

While the foundation has shown excellence in various aspects of accountability, the program expense ratio indicates room for growth in maximizing the impact of their financial resources. Overall, Christus St Michael Foundation's strong performance metrics highlight its operational integrity and focus on community service.


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

Is Christus St Michael Foundation legitimate?

Christus St Michael Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christus St Michael 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: $102,985

For more financial information, click here


Official website here: www.christusstmichaelfoundation.org

What is the mission statement of Christus St Michael Foundation?

The Christus St Michael Foundation is established with a mission to cater to the philanthropic needs of Christus Health Ark-La-Tex. It accomplishes this by soliciting and distributing contributions to support healthcare services in the region. The foundation aligns itself with the charitable, scientific, and educational objectives of the sponsoring religious congregations, adhering to their doctrines and ethical principles. Its mission is to uphold the healing ministry of Jesus Christ, extending it through the sponsoring congregations, adhering to the Catholic Conference of Bishops' ethical and religious directives for Catholic healthcare services.


Official website here: www.christusstmichaelfoundation.org

Who is the CEO of Christus St Michael Foundation?

Susan Landreaux Exec Dir is the Executive Director of Christus St Michael Foundation. The CEO's salary of Christus St Michael Foundation is $0 and their total compensation is $1,345,183.


Official website here: www.christusstmichaelfoundation.org

What is the revenue of Christus St Michael Foundation?

Christus St Michael Foundation's revenue in 2022 was $1,199,423.


Official website here: www.christusstmichaelfoundation.org

Who are the executives of Christus St Michael Foundation and what are their salaries?

There 52 volunteers at Christus St Michael Foundation.


Here are 19 key members and their salaries (Christus St Michael Foundation's CEO's salary is $0 and their total compensation is $1,345,183):


Christopher Karam (President/Ceo (Term 09/18))
  • Compensation: $0
  • Related: $1,150,513
  • Other: $194,670
Jason Rounds Term 021221 (President)
  • Compensation: $0
  • Related: $727,623
  • Other: $417,279
Jason Adams (President)
  • Compensation: $0
  • Related: $619,680
  • Other: $100,384
Glen Boles (Treasurer)
  • Compensation: $0
  • Related: $450,163
  • Other: $92,161
Susan Landreaux (Executive Director)
  • Compensation: $0
  • Related: $104,641
  • Other: $13,775
Sister Jeanne Connell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Marie Hornsby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene Joyce Jr (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Giles (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Dubois Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Mayo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Schroeder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Barry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Yates (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Tarr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Bunch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Beck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Robbins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Pesek (Director (As Of 7/22))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.christusstmichaelfoundation.org

Where can I find the form 990 for Christus St Michael Foundation?

Christus St Michael Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.christusstmichaelfoundation.org

Learn more at the official website: www.christusstmichaelfoundation.org

Mission Statement of Christus St Michael Foundation

Christus St. Michael Foundation is a charitable organization with a mission to cater to the philanthropic needs of Christus Health Ark-La-Tex. It achieves this by soliciting and distributing contributions to support healthcare services in the region. The foundation's mission is deeply rooted in its commitment to the charitable, scientific, and educational purposes of advancing, promoting, and supporting the healthcare ministries of the Sponsoring Congregations approved by Christus Health.

In line with the doctrines, resolutions, decrees, and ethical principles of the Sponsoring Congregations, and the ethical and religious directives for Catholic Health Services, Christus St. Michael Foundation operates in a manner that extends the healing ministry of Jesus Christ. Its activities are guided by the principles and values of its Sponsoring Congregations, ensuring that the foundation's work aligns with their ethical standards. The foundation's mission is to serve the community by providing financial support for healthcare services, thereby contributing to the overall well-being and health of the region.

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Impact




July, 2024

Christus St Michael Foundation impacts the community by serving the philanthropic needs of CHRISTUS Health Ark-La-Tex, soliciting and distributing contributions to support healthcare services in the region. The Foundation promotes philanthropy and charitable giving to enhance the ability of CHRISTUS Health Ark-La-Tex in extending the healing ministry of Jesus Christ, providing resources for the community's health needs. Through charitable gifts and grants, the Foundation administers funds exclusively for the benefit of healthcare facilities, services, and healthy community programs supported by CHRISTUS Health Ark-La-Tex within its service area.




This information is meant to be a general summary of Christus St Michael 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.

Revenue
$1,199,423 (2022)
Expenses
$665,182 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $159,467
  • Gross Receipts: $3,710,259

Assets and Liabilities:

  • Total Assets: $6,942,364
  • Total Liabilities: $60
  • Net Assets: $6,942,304

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Organization Details

Founding Year

2014

Principal Officer

Susan Landreaux Exec Dir

Main Address

2600 St Michael Drive, Texarkana, TX, 75503

NTEE Category

Code: T30 - Philanthropy

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