Overview
What is Chester River Health Foundation Inc?
Chester River Health Foundation Inc, located at 100 Brown Street, Chestertown, MD 21620, is a dedicated nonprofit organization that supports the Chester River Hospital Center (CRHC) and Chester River Home Care. Its primary mission is to raise funds to enhance healthcare excellence for the community served by CRHC, contributing to UM Shore Medical Center at Chestertown's regional goal of "Creating Healthier Communities Together." The foundation plays a vital role in supporting CRHC's provision of compassionate, high-quality, and cost-effective healthcare, as well as investing in essential equipment, technology, and projects.
Official website here: www.umcrhf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
Chester River Health Foundation Inc received a low overall score, reflecting concerns in its financial management, specifically indicated by a low program expense ratio of 44.74%. While the charity demonstrates strong governance with 83% of its board members being independent and robust policies in place, the financial metrics suggest that a smaller portion of funds are directed towards programs compared to overhead and other expenses.
The organization also maintains transparency through proper documentation practices, including the inclusion of board meeting minutes and conflict of interest policies. However, the liabilities to assets ratio of 0.45% points to potential financial instability, which may affect the foundation’s ability to sustain its operations and fulfill its mission effectively in the future.
Overall, while Chester River Health Foundation exhibits commendable governance practices, the low financial efficiency highlights areas needing improvement. Prospective donors may want to consider these factors carefully when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Chester River Health Foundation Inc legitimate?
Chester River Health Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chester River Health Foundation 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: $0
For more financial information, click here
Official website here: www.umcrhf.org
What is the mission statement of Chester River Health Foundation Inc?
The Chester River Health Foundation's mission is centered around raising funds to enhance and maintain the standard of healthcare excellence for individuals residing in or seeking medical attention in the communities served by Chester River Hospital Center. This objective aligns with the institution's regional mission of "Creating Healthier Communities Together." The foundation supports Chester River Hospital Center and Chester River Home Care by providing funds for prioritized equipment, technology, and projects, as well as contributing to the delivery of compassionate, high-quality, and cost-effective healthcare services in the community.
Official website here: www.umcrhf.org
Who is the CEO of Chester River Health Foundation Inc?
Kenneth D Kozel is the CEO of Chester River Health Foundation Inc The CEO's salary of Chester River Health Foundation Inc is $0 and their total compensation is $912,478.
Official website here: www.umcrhf.org
What is the revenue of Chester River Health Foundation Inc?
Chester River Health Foundation Inc's revenue in 2023 was $860,056.
Official website here: www.umcrhf.org
Who are the executives of Chester River Health Foundation Inc and what are their salaries?
There 10 volunteers at Chester River Health Foundation Inc.
Here are 17 key members and their salaries (Chester River Health Foundation Inc's CEO's salary is $0 and their total compensation is $912,478):
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- Other: $17,670
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- Related: $4,360,614
- Other: $41,855
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- Related: $453,458
- Other: $24,149
Official website here: www.umcrhf.org
Where can I find the form 990 for Chester River Health Foundation Inc?
Chester River Health Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.umcrhf.org
Learn more at the official website: www.umcrhf.org
Mission Statement of Chester River Health Foundation Inc
Chester River Health Foundation, abbreviated as CRHF, is committed to raising funds that enhance and uphold healthcare excellence for individuals residing in or visiting the communities served by Chester River Hospital Center, also known as UM Shore Medical Center at Chestertown. The organization's mission is aligned with the regional objective of "Creating Healthier Communities Together." CRHF supports Chester River Hospital Center (CRHC) and Chester River Home Care in various ways. Specifically, CRHF assists CRHC in providing compassionate, high-quality, and cost-effective healthcare to the local community. Additionally, CRHF supports CRHC in prioritizing essential equipment, technology, and projects to ensure the hospital continues to offer top-notch healthcare services to its patient population.
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Impact
July, 2024
Chester River Health Foundation Inc's impact is centered around supporting Chester River Hospital Center (CRHC) and Chester River Home Care in providing compassionate, high-quality, and cost-effective healthcare for the community. By raising funds to steward and enhance healthcare excellence, the foundation plays a crucial role in ensuring that people in or visiting the communities served by CRHC receive the best possible medical care. The foundation's support of high-priority equipment, technology, and projects further underscores its commitment to creating healthier communities and improving the overall well-being of individuals in the region.
This information is meant to be a general summary of Chester River Health Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $147,109
- Gross Receipts: $1,559,351
Assets and Liabilities:
- Total Assets: $7,378,600
- Total Liabilities: $38,474
- Net Assets: $7,340,126
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Organization Details
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