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Overlook Foundation

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

EIN: 510194054 ✦ Summit, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Overlook Foundation?

The Overlook Foundation is a charitable organization that raises funds for Overlook Medical Center to maintain its position at the forefront of healthcare. They invest in state-of-the-art equipment, new facilities, endowments, nursing scholarships, professional development, training, education, and innovative programs to improve patient and caregiver experiences. Currently, the Overlook Ahead campaign is ongoing, aiming to modernize and expand various patient care areas, such as the children's center, emergency department, employee parking deck, neuroscience unit, cardiovascular center, maternity center, and operating rooms. The foundation's mission is to develop, manage, and distribute resources in support of Overlook Medical Center's delivery of high-quality healthcare.


Official website here: www.overlookfoundation.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 98%, Four-Star out of Four Star rating.

The Overlook Foundation has earned a strong reputation, reflected in its 98% score and Four-Star rating from Charity Navigator. Key strengths include a perfect score in Accountability & Finance, complemented by an independent board, which ensures transparency and effective governance. The Foundation's adaptability is highlighted by its strategic pivot during the COVID-19 pandemic, demonstrating the organization's commitment to supporting healthcare workers and enhancing patient care.

User feedback consistently emphasizes the Foundation's positive impact on Overlook Medical Center and the surrounding community. Donors and board members commend the organization for its strategic focus and the caring staff who work tirelessly to improve healthcare services. Many reviews illustrate a strong sense of community and personal connection to the hospital, reinforcing the Foundation’s role as a vital resource for local healthcare initiatives.

While the Foundation enjoys high ratings and positive feedback, there is room for improvement in its Culture & Community score. However, the overwhelming support from donors and board members suggests that its strengths far outweigh any limitations noted, making the Overlook Foundation a well-regarded nonprofit committed to enhancing healthcare in its community.


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

What do the Facebook reviews say about Overlook Foundation?

100% of 7 reviewers on Facebook recommend Overlook Foundation. Here is a summary of their reviews:

The organization is widely praised for its dedication to enhancing the comfort, health, and education of the community. Many commenters express appreciation for the foundation's tireless efforts and impactful contributions. The sense of commitment to serving those in need resonates strongly among supporters.

Overall, sentiments reflect a high level of satisfaction with the services provided, showcasing the foundation's positive influence on the lives of individuals and the broader community.


This AI summary has been generated from reviews found on Facebook.

Is Overlook Foundation legitimate?

Overlook Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Overlook 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: $704,724
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,175,532

For more financial information, click here


Official website here: www.overlookfoundation.org

What is the mission statement of Overlook Foundation?

The Overlook Foundation is dedicated to advancing the delivery of high-quality healthcare by Overlook Medical Center. Through resource development, management, and distribution, the foundation supports the purchase of advanced equipment, construction of new facilities, endowments, scholarships, professional development, training, education, and innovative programs that enhance the patient and caregiver experience. The Overlook Ahead comprehensive campaign aims to fund renovations to 90% of patient care areas and triple the number of individual patient rooms, as well as new facilities such as a children's center, emergency department, employee parking deck, neuroscience unit, cardiovascular center, maternity center, and significant increases in the number of same-day and main operating rooms. Clinical staff and medical research will also receive investment through donor support.


Official website here: www.overlookfoundation.org

Who is the CEO of Overlook Foundation?

Jessalyn Chang is the Chairman of Overlook Foundation.


Official website here: www.overlookfoundation.org

What is the revenue of Overlook Foundation?

Overlook Foundation's revenue in 2022 was $22,064,217.


Official website here: www.overlookfoundation.org

Who are the executives of Overlook Foundation and what are their salaries?

There 31 volunteers at Overlook Foundation.


Here are 39 key members and their salaries:


A Jude Avelino (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessalyn Chang (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric J Shick (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Larson (Outgoing Secretary (03/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Akshay Kapoor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Lord Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candice Steller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candy Greig (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Sullivan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Serratelli (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Peck (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fedora Baloiu (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francis I Perier Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hakan Erdamar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Mann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James N Gardner Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Berger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karina Calzadilla (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kishore Ballal (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maggie Hariri (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meri Barer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Muhammad Feteiha Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Weidner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul M Starker Md (Outgoing Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pradipto Bagchi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Schrader (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Benitez Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samantha Pozner Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Cross (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Schwartz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Varkey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Ursino Sr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clelia Biamonti Phd (Executive Director)
  • Compensation: $359,282
  • Related: $0
  • Other: $48,744
Kimberly Myler (Assist. Secretary, Dir. Fin & Op)
  • Compensation: $169,495
  • Related: $0
  • Other: $42,800
Kenneth Cole (Director)
  • Compensation: $242,373
  • Related: $0
  • Other: $63,992
Kerry Mowry (Director)
  • Compensation: $127,825
  • Related: $0
  • Other: $35,260
Lorie Mcdonald (Director)
  • Compensation: $163,136
  • Related: $0
  • Other: $47,056
Marianne Devlin (Director)
  • Compensation: $142,253
  • Related: $0
  • Other: $44,778
Eileen Weiss (Director)
  • Compensation: $106,300
  • Related: $0
  • Other: $34,416


Official website here: www.overlookfoundation.org

Where can I find the form 990 for Overlook Foundation?

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


Official website here: www.overlookfoundation.org

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

Mission Statement of Overlook Foundation

The Overlook Foundation is a philanthropic organization dedicated to advancing the delivery of high-quality healthcare by Overlook Medical Center. Through managing and distributing resources, this foundation plays a crucial role in ensuring Overlook Medical Center remains at the forefront of medical care.

The Overlook Foundation's mission is twofold. First, it supports the acquisition of state-of-the-art equipment, construction of new facilities, endowments for medical leadership, nursing scholarships, professional development, and training and education. Second, it invests in innovative programs to enhance the patient and caregiver experience. In its public phase, the Overlook Ahead Comprehensive Campaign aims to fund construction and renovations to 90% of patient care areas and triple the number of individual patient rooms. This project includes a new Children's Center, Emergency Department triage and waiting areas, an onsite employee parking deck, a new Neuroscience Unit with an expanded Neuro ICU, a new Cardiovascular Center with enhanced critical and intensive care units, a new Maternity Center with two new C-section surgical suites, and a significant increase in both same-day and main operating rooms. Furthermore, the foundation invests in clinical staff and medical research through donor support.

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Impact




October, 2024

Overlook Foundation plays a pivotal role in enhancing healthcare delivery at Overlook Medical Center. By providing vital financial support, the foundation enables the acquisition of advanced medical equipment, the construction of new facilities, and the establishment of endowments for medical leadership.

Through initiatives such as nursing scholarships and professional development programs, it ensures that healthcare providers are well-equipped to deliver high-quality care.

The Overlook Ahead Comprehensive Campaign exemplifies its commitment to transforming the medical center into a hospital of the future, with plans that include constructing new patient areas, such as a children’s center, a revamped emergency department, and a state-of-the-art cardiovascular center. These developments will significantly improve patient experiences by tripling the number of individual patient rooms and increasing the operational capacity of surgical facilities.

The foundation's impact is further amplified through its investments in clinical staff and medical research, fostering innovation and excellence in patient care. Through these initiatives, Overlook Foundation is not only enhancing the infrastructure of healthcare but also promoting a culture of continuous professional growth and development within the medical community.




This information is meant to be a general summary of Overlook 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
$22,064,217 (2022)
Expenses
$16,953,754 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,240,784
  • Gross Receipts: $35,921,375

Assets and Liabilities:

  • Total Assets: $124,262,093
  • Total Liabilities: $5,495,185
  • Net Assets: $118,766,908

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Organization Details

Founding Year

1976

Principal Officer

Jessalyn Chang

Main Address

46-48 BEAUVOIR AVENUE, SUMMIT, NJ, 07901

NTEE Category

Code: E110 - Health

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