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Calverthealth Foundation Inc

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

EIN: 521680647 ✦ Prince frederick, MD ✦ Designated as a 501(c)(3)

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Overview

What is Calverthealth Foundation Inc?

Calverthealth Foundation Inc, located in Prince Frederick, Maryland, is a nonprofit organization dedicated to supporting Calverthealth Medical Center Inc. Their primary mission involves managing various charitable donation programs, aiming to maximize assistance for the medical center and its subsidiaries. In the fiscal year 2022, they provided financial aid totaling $1,124,163 to Calverthealth Medical Center Inc and an additional $270,466 to Calvert Health Medical Group. The ultimate goal of this foundation is to help these entities deliver exceptional care and make a positive impact in every life they encounter.


Official website here: www.calverthealthfoundation.org/

Is Calverthealth Foundation Inc legitimate?

Calverthealth Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Calverthealth 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.calverthealthfoundation.org/

What is the mission statement of Calverthealth Foundation Inc?

The Calverthealth Foundation's mission revolves around enhancing multiple charitable donation programs. The primary objective is to maximize support for Calverthealth Medical Center and its subsidiaries, whose vision is to deliver exceptional care and make a positive impact in every life they interact with. The foundation operates with the intention of aiding Calverthealth Medical Center Inc., providing financial assistance of $1,124,163 in the fiscal year 2022, and also supporting Calverthealth Medical Group with $270,466. In essence, the foundation's mission is geared towards augmenting the capabilities and reach of Calverthealth Medical Center and its affiliates, ultimately improving healthcare services for a broader community.


Official website here: www.calverthealthfoundation.org/

Who is the CEO of Calverthealth Foundation Inc?

Dean Teague is the Ex-Officio - Ceo of Calverthealth Foundation Inc. The CEO's salary of Calverthealth Foundation Inc is $0 and their total compensation is $1,166,460.


Official website here: www.calverthealthfoundation.org/

What is the revenue of Calverthealth Foundation Inc?

Calverthealth Foundation Inc's revenue in 2022 was $1,461,226.


Official website here: www.calverthealthfoundation.org/

Who are the executives of Calverthealth Foundation Inc and what are their salaries?

There 44 volunteers at Calverthealth Foundation Inc.


Here are 17 key members and their salaries (Calverthealth Foundation Inc's CEO's salary is $0 and their total compensation is $1,166,460):


Dean Teague (Ex-Officio - Ceo)
  • Compensation: $0
  • Related: $1,009,827
  • Other: $156,633
Carolyn Heithaus (Ex-Officio - Cfo)
  • Compensation: $0
  • Related: $544,735
  • Other: $62,088
Denise Bowman (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marianne Harms (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Parlett (Second Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grace Anatasi (Trustee - Begin 1/1/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Cornellier (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Friedman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Gaines (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Gardner (Ex-Officio Member - Chs Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Garner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Holler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwayne Hooper (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Lazarchick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Martin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dixie Miller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.calverthealthfoundation.org/

Where can I find the form 990 for Calverthealth Foundation Inc?

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


Official website here: www.calverthealthfoundation.org/

Learn more at the official website: www.calverthealthfoundation.org/

Mission Statement of Calverthealth Foundation Inc

Calverthealth Foundation Inc is committed to advancing its charitable donation programs, with the primary objective of strengthening Calverthealth Medical Center and its subsidiaries. The foundation's mission is to optimize and operate these programs to maximize support for these healthcare entities, which share a vision of delivering exceptional care and making a positive impact in every life they serve. In the fiscal year 2022, Calverthealth Foundation Inc provided significant financial backing of $1,124,163 to Calverthealth Medical Center Inc. Alongside this, the foundation extended support to Calverthealth Medical Group in the amount of $270,466. This financial aid plays a crucial role in upholding the exceptional care standards that both institutions strive to maintain.

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Impact




October, 2024

Calverthealth Foundation Inc significantly enhances healthcare services through its strategic charitable donation programs. By focusing on the development and optimization of these initiatives, the foundation successfully supports Calverthealth Medical Center and its subsidiaries, aiming to provide exceptional care to the community. In fiscal year 2022 alone, the foundation allocated over $1.1 million to Calverthealth Medical Center and an additional $270,466 to Calverthealth Medical Group. This financial support has a direct impact on the quality of care and resources available to patients, underscoring the foundation's commitment to making a positive difference in every life it touches in Prince Frederick, MD.




This information is meant to be a general summary of Calverthealth 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.

Revenue
$1,461,226 (2022)
Expenses
$1,595,370 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $279,648
  • Gross Receipts: $1,552,285

Assets and Liabilities:

  • Total Assets: $7,132,327
  • Total Liabilities: $1,087,206
  • Net Assets: $6,045,121

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Organization Details

Founding Year

1989

Principal Officer

Dean Teague

Main Address

100 HOSPITAL ROAD, PRINCE FREDERICK, MD, 20678

NTEE Category

Code: E22I - Health

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