Overview
What is Hinsdale Hospital Foundation?
Hinsdale Hospital Foundation is a nonprofit organization situated in Hinsdale, Illinois, with its headquarters at 120 North Oak Street. Their primary mission is to raise funds for Adventist Midwest Health d/b/a UChicago Medicine AdventHealth Hinsdale, a tax-exempt hospital organization. Through their philanthropic efforts, they contributed an impressive sum of $1,176,360 to the hospital during the current year. The foundation's initiatives aim to foster goodwill and promote charitable contributions towards the hospital, ultimately contributing to the betterment of the healthcare services provided in the community.
Official website here: www.adventhealth.com/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Hinsdale Hospital Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's overall score is heavily weighted towards accountability, indicating its commitment to transparency and responsible financial practices. The foundation boasts a majority independent board, which contributes to its governance strength.
Significant strengths include a high program expense ratio of 94.84%, suggesting that the majority of its funding is directed towards its programs rather than administrative costs. Additionally, the foundation has implemented various policies to safeguard its operations, such as conflict of interest, whistleblower, and document retention policies, all of which have received maximum scores.
Despite these strengths, the data does not highlight any specific limitations for the organization. The foundation's financial health appears robust, with a liabilities to assets ratio of just 0.65%, indicating sound financial management. Overall, the Hinsdale Hospital Foundation demonstrates a strong commitment to ethical practices and effective program delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Hinsdale Hospital Foundation legitimate?
Hinsdale Hospital Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hinsdale Hospital 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: $0
For more financial information, click here
Official website here: www.adventhealth.com/foundation
What is the mission statement of Hinsdale Hospital Foundation?
The Hinsdale Hospital Foundation's primary mission is to foster philanthropy and goodwill. Their main objective is to support Adventist Midwest Health, doing business as UChicago Medicine AdventHealth Hinsdale, a tax-exempt hospital organization. The foundation achieves this by conducting fundraising activities, contributing a significant amount, such as $1,176,360 during the current year, to the hospital's operations. The funds raised by the foundation contribute to the hospital's mission of providing healthcare services, maintaining its operations, and advancing its goals. The foundation's activities aim to support the hospital in its mission to provide quality healthcare services to its patients.
Official website here: www.adventhealth.com/foundation
Who is the CEO of Hinsdale Hospital Foundation?
Karen Fiascone is the Principal Officer of Hinsdale Hospital Foundation.
Official website here: www.adventhealth.com/foundation
What is the revenue of Hinsdale Hospital Foundation?
Hinsdale Hospital Foundation's revenue in 2022 was $1,356,221.
Official website here: www.adventhealth.com/foundation
Who are the executives of Hinsdale Hospital Foundation and what are their salaries?
There 371 volunteers at Hinsdale Hospital Foundation.
Here are 30 key members and their salaries:
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Official website here: www.adventhealth.com/foundation
Where can I find the form 990 for Hinsdale Hospital Foundation?
Hinsdale Hospital Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.adventhealth.com/foundation
Learn more at the official website: www.adventhealth.com/foundation
Mission Statement of Hinsdale Hospital Foundation
The Hinsdale Hospital Foundation, a philanthropic organization, is dedicated to promoting benevolence and goodwill. Its primary mission is to support Adventist Midwest Health, doing business as UChicago Medicine AdventHealth Hinsdale, a tax-exempt hospital organization. The foundation accomplishes this by raising funds on behalf of this hospital, with a substantial contribution of $1,176,360 made during the current year. The Hinsdale Hospital Foundation's activities aim to enhance the hospital's capabilities and resources, ultimately contributing to the betterment of healthcare services.
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Impact
July, 2024
The Hinsdale Hospital Foundation's impact is significant in supporting Adventist Midwest Health d/b/a UChicago Medicine AdventHealth Hinsdale through its fundraising efforts. In the current year, the foundation contributed $1,176,360 to the hospital, helping to advance its mission of providing healthcare services to the community. The foundation's promotion of philanthropy and goodwill plays a crucial role in enhancing the hospital's ability to serve the health needs of individuals in Hinsdale, IL, and surrounding areas.
This information is meant to be a general summary of Hinsdale Hospital 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 2022.
- Investment Income: $24,964
- Program Service Revenue: $1,256,453
- Gross Receipts: $1,909,972
Assets and Liabilities:
- Total Assets: $10,728,551
- Total Liabilities: $69,784
- Net Assets: $10,658,767
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SATISFACTION OF PROGRA
Revenue
$1,256,453
Organization Details
Founding Year
1985
Phone
(630) 856-2000Principal Officer
Karen Fiascone
Main Address
120 NORTH OAK STREET, HINSDALE, IL, 60521
NTEE Category
Code: E22I - Health
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