Overview
What is Inova Health System Foundation?
Inova Health System Foundation, a not-for-profit organization based in Fairfax, Virginia, is the parent company of Inova Health System. As a charitable foundation, its primary purpose is to support Inova's tax-exempt entities by raising funds. The foundation provides the highest quality medical care to the community, regardless of financial resources, and offers free or discounted health services to targeted groups. Inova Health System is one of the largest providers of uncompensated care in Virginia. The foundation also supports health education, medical research, and various other community services. It funds programs such as the Cancer, Cardiovascular, and Neurological Care Centers, the Life with Cancer Support and Educational Program, and behavioral health services. The foundation's philanthropic efforts, including the Inova Cares Clinics and the Kellar Center's Behavioral Services Program, contribute significantly to the community and Inova's initiatives.
Official website here: www.foundation.inova.org
What do the Facebook reviews say about Inova Health System Foundation?
60% of 402 reviewers on Facebook recommend Inova Health System Foundation. Here is a summary of their reviews:
While some individuals commend the quality of medical treatment received, particularly at the emergency room, dissatisfaction arises primarily from the billing practices of the foundation. The experience of unexpected financial burdens seems to overshadow the positive aspects of care, leading to frustrations among patients who feel overwhelmed by the payment processes.
Overall, the sentiment leans toward a challenging experience, particularly in regards to financial interactions, despite appreciating the medical services provided. This mixed feedback highlights the need for improvement in communication and support for patients facing billing issues.
This AI summary has been generated from reviews found on Facebook.
Is Inova Health System Foundation legitimate?
Inova Health System Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Inova Health System 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: $704,284
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,743,927
For more financial information, click here
Official website here: www.foundation.inova.org
What is the mission statement of Inova Health System Foundation?
The Inova Health System Foundation, serving as the parent company for Inova Health System, oversees and coordinates its activities to further its tax-exempt purposes. Its mission is to support Inova's tax-exempt entities through fundraising, ensuring that the foundation provides high-quality healthcare services to the community, regardless of their financial resources. The foundation also provides free and below-cost healthcare services to targeted community groups, offers health education, and supports medical research activities. In addition, it funds various programs, such as those in cancer, cardiovascular, and neurological care, as well as the Life with Cancer support and educational program. The foundation's efforts aim to provide affordable healthcare to all who need it.
Official website here: www.foundation.inova.org
Who is the CEO of Inova Health System Foundation?
J Stephen Jones Md is the Ceo, President of Inova Health System Foundation. The CEO's salary of Inova Health System Foundation is $0 and their total compensation is $5,370,547.
Official website here: www.foundation.inova.org
What is the revenue of Inova Health System Foundation?
Inova Health System Foundation's revenue in 2022 was -$714,218,363.
Official website here: www.foundation.inova.org
Who are the executives of Inova Health System Foundation and what are their salaries?
The average compensation at Inova Health System Foundation during 2022 was $148,214. There are 57 employees and 15 volunteers at Inova Health System Foundation.
Here are 28 key members and their salaries (Inova Health System Foundation's CEO's salary is $0 and their total compensation is $5,370,547):
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Compensation: $0
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- Compensation: $0
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- Other: $0
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- Compensation: $0
- Related: $5,303,697
- Other: $66,850
- Compensation: $0
- Related: $386,917
- Other: $63,651
- Compensation: $0
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- Compensation: $0
- Related: $1,196,637
- Other: $172,629
- Compensation: $0
- Related: $1,885,873
- Other: $79,139
- Compensation: $704,284
- Related: $0
- Other: $67,951
- Compensation: $476,970
- Related: $0
- Other: $86,170
- Compensation: $235,577
- Related: $0
- Other: $64,485
- Compensation: $249,150
- Related: $0
- Other: $34,983
- Compensation: $250,027
- Related: $0
- Other: $83,920
- Compensation: $243,486
- Related: $0
- Other: $45,819
- Compensation: $0
- Related: $415,651
- Other: $19,649
- Compensation: $0
- Related: $441,883
- Other: $36,343
- Compensation: $0
- Related: $1,197,411
- Other: $202,008
Official website here: www.foundation.inova.org
Where can I find the form 990 for Inova Health System Foundation?
Inova Health System Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foundation.inova.org
Learn more at the official website: www.foundation.inova.org
Mission Statement of Inova Health System Foundation
Inova Health System Foundation, a charitable organization exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code, plays a significant role in supporting Inova Health System's tax-exempt entities. Its primary mission is to oversee and coordinate the activities of Inova Health System, ensuring they align with the foundation's and system's tax-exempt purposes. Established by citizen-volunteers in 1956, Inova Health System Foundation has grown to meet the diverse healthcare needs of its community. As a not-for-profit organization, Inova Health System does not have shareholders and is governed by the people it serves, ensuring it addresses the community's diverse healthcare needs effectively.
The foundation provides a wide range of programs and services that directly benefit the community, such as offering high-quality medical care to all members, regardless of their financial resources. It also provides free or below-cost health services to targeted community groups, like the indigent, elderly, and victims of cancer, heart disease, or stroke. Inova Health System is one of the largest providers of uncompensated care in Virginia, demonstrating its commitment to providing healthcare services to those who cannot afford it.
Inova Health System Foundation supports health education initiatives and various other community services. It also trains healthcare professionals and participates in medical research activities. The foundation operates in accordance with Inova's articles of incorporation, ensuring all funds raised, except for operational expenses, are distributed or held in support of the charitable objectives and mission of Inova and its tax-exempt subsidiaries. Inova Health System Foundation is an essential element in the community's healthcare landscape, contributing significantly to its well-being through its numerous programs and services.
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Impact
October, 2024
Inova Health System Foundation plays a pivotal role in improving healthcare access and quality for diverse communities in Northern Virginia and the greater Washington, D.C. area. By raising funds and allocating resources, the Foundation supports a wide range of essential medical services and community programs, effectively addressing the healthcare needs of those it serves.
Through its various initiatives, Inova Health System Foundation provides high-quality medical care to everyone, regardless of financial circumstances. The Foundation is particularly focused on vulnerable populations, offering free or low-cost health services tailored to meet the needs of specific groups, such as the elderly, individuals suffering from serious health conditions like cancer or heart disease, and those affected by substance abuse.
In 2022 alone, the Foundation contributed approximately $33 million to support community health programs and services. Key initiatives include the Life with Cancer program, which served over 30,000 participants, and the Inova Juniper program, aiding nearly 1,600 individuals living with HIV. Programs aimed at children and families, such as the Partnership for Healthier Communities, reached over 22,000 participants, demonstrating the Foundation's commitment to enhancing health and wellness across all demographics.
Furthermore, the Foundation oversees numerous specialized programs through Inova's Centers of Excellence in cancer, cardiovascular, and neurological care. These efforts ensure that advanced medical services are accessible to those in need while also supporting health education and professional training within the community.
Overall, the impact of Inova Health System Foundation is profound, as it not only provides critical healthcare services but also fosters community well-being through comprehensive support programs that touch the lives of thousands each year.
This information is meant to be a general summary of Inova Health System 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: -$766,443,020
- Program Service Revenue: -$1,024,318
- Gross Receipts: $124,945,646
Assets and Liabilities:
- Total Assets: $7,010,668,996
- Total Liabilities: $2,756,898,157
- Net Assets: $4,253,770,839
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LORTON LLC PARTNERSHIP LOSS
Revenue
-$1,024,318
Organization Details
Founding Year
1977
Phone
(571) 472-8123Principal Officer
J Stephen Jones Md
Main Address
8095 INNOVATION PARK DRIVE FINANCE, FAIRFAX, VA, 22031
Website
www.foundation.inova.orgNTEE Category
Code: E110 - Health
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