Franciscan Health Rensselaer Inc

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

EIN: 473825106 ✦ Rensselaer, IN ✦ Designated as a 501(c)(3)

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Overview

What is Franciscan Health Rensselaer Inc?

Franciscan Health Rensselaer Inc, based in Jasper and serving the surrounding communities, is a nonprofit organization dedicated to continuing the healing ministry of Christ through comprehensive healthcare services. The twenty-five bed critical access hospital under their care offers inpatient and outpatient medical attention to local residents. Their mission is to form partnerships and deliver a complete range of healthcare solutions to improve the wellbeing of those they serve.


Official website here: wwww.franciscanalliance.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Franciscan Health Rensselaer Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its operational practices. While the organization scored well in areas such as board independence and financial oversight, its overall accountability and finance score of 73% reflects various shortcomings that need to be addressed.

The nonprofit demonstrates strong governance with a majority of independent board members and effective financial oversight, which are positive indicators of its commitment to accountability. However, the absence of a whistleblower policy and document retention procedures are significant gaps that could undermine transparency and accountability. Furthermore, the high liabilities to assets ratio raises concerns about financial sustainability, despite a solid program expense ratio of 79.45%.

Overall, while Franciscan Health Rensselaer Inc shows strengths in governance and program spending, it must address its policy deficiencies and financial liabilities to enhance its overall performance and trustworthiness in the nonprofit sector.


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

Is Franciscan Health Rensselaer Inc legitimate?

Franciscan Health Rensselaer Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franciscan Health Rensselaer 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,491,844

For more financial information, click here


Official website here: wwww.franciscanalliance.org

What is the mission statement of Franciscan Health Rensselaer Inc?

Franciscan Health Rensselaer Inc upholds the healing ministry of Christ, collaborating with partners to deliver comprehensive health care services to individuals in their community. The organization operates a critical access hospital, featuring 25 beds and catering to both inpatient and outpatient needs. Through this full continuum of medical care, Franciscan Health Rensselaer aims to improve the wellbeing of those they serve. The mission of this healthcare provider remains centered on compassionately addressing the healthcare requirements of its population.


Official website here: wwww.franciscanalliance.org

Who is the CEO of Franciscan Health Rensselaer Inc?

Kevin D Leahy is the President & Trustee of Franciscan Health Rensselaer Inc. The CEO's salary of Franciscan Health Rensselaer Inc is $0 and their total compensation is $819,677.


Official website here: wwww.franciscanalliance.org

What is the revenue of Franciscan Health Rensselaer Inc?

Franciscan Health Rensselaer Inc's revenue in 2022 was $32,197,626.


Official website here: wwww.franciscanalliance.org

Who are the executives of Franciscan Health Rensselaer Inc and what are their salaries?

The average compensation at Franciscan Health Rensselaer Inc during 2022 was $56,408. There are 186 employees and 6 volunteers at Franciscan Health Rensselaer Inc.


Here are 12 key members and their salaries (Franciscan Health Rensselaer Inc's CEO's salary is $0 and their total compensation is $819,677):


Kevin D Leahy (President & Trustee)
  • Compensation: $0
  • Related: $2,085,355
  • Other: -$100,816
Terrance Wilson (Facility Ceo/Pres Of Hosp Div)
  • Compensation: $0
  • Related: $831,800
  • Other: -$12,123
Agnes Therady (Senior Vice President Cno)
  • Compensation: $0
  • Related: $473,178
  • Other: $33,221
Kari L Goodman (Director Patient Care Services)
  • Compensation: $137,807
  • Related: $0
  • Other: $14,333
Susan L Hooker (Manager Pharmacy Services)
  • Compensation: $132,810
  • Related: $0
  • Other: $15,238
Amy J Signman (Registered Nurse)
  • Compensation: $127,341
  • Related: $0
  • Other: $7,507
Cynthia J Reed (Imaging Manager)
  • Compensation: $113,461
  • Related: $0
  • Other: $15,724
Erin A Williamson (Manager Therapy Services)
  • Compensation: $109,155
  • Related: $0
  • Other: $15,259
Sister Jane Marie Klein (Chair & Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sister M Ann Kathleen Magiera (Treasurer & Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sister M Madonna Rougeau (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sister Lethia Marie Leveille (Secretary & Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: wwww.franciscanalliance.org

Where can I find the form 990 for Franciscan Health Rensselaer Inc?

Franciscan Health Rensselaer Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: wwww.franciscanalliance.org

Learn more at the official website: wwww.franciscanalliance.org

Mission Statement of Franciscan Health Rensselaer Inc

Franciscan Health Rensselaer Inc, a faith-based organization, carries forward the healing mission of Christ in collaboration with the community. The nonprofit is dedicated to delivering a comprehensive range of health care services to the residents of Jasper and its neighboring areas. The heart of their operations is a critical access hospital, which accommodates twenty-five beds and caters to both inpatient and outpatient medical needs.

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Impact




October, 2024

Franciscan Health Rensselaer Inc plays a vital role in the health and well-being of the community by providing a comprehensive range of medical services to residents of Jasper and surrounding counties. Operating as a twenty-five bed critical access hospital, it ensures both inpatient and outpatient care, addressing diverse health needs.

The organization is committed to the healing ministry of Christ, partnering with local entities to foster a holistic approach to health care. This collaborative approach not only enhances access to necessary medical services but also promotes overall community health by offering a continuum of care. Through its presence, Franciscan Health Rensselaer significantly contributes to the economic and social fabric of the area, supporting wellness initiatives and adapting services to meet the unique needs of the community it serves.




This information is meant to be a general summary of Franciscan Health Rensselaer 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.

Revenue
$32,197,626 (2022)
Expenses
$37,726,727 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $31,890,726
  • Gross Receipts: $32,197,626

Assets and Liabilities:

  • Total Assets: $21,765,388
  • Total Liabilities: $52,906,475
  • Net Assets: -$31,141,087

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PATIENT SERVICE AND OTHER REVENUES

Revenue

$31,817,223

CAFETERIA

Revenue

$73,503

Organization Details

Founding Year

2015

Principal Officer

Kevin D Leahy

Main Address

1104 E GRACE ST, RENSSELAER, IN, 47978

NTEE Category

Code: E22 - Health

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