Overview
What is Chesapeake General Hospital Healthcare Foundation?
Chesapeake General Hospital Healthcare Foundation is a nonprofit organization situated in Chesapeake, Virginia. Its main objective is to provide support to Chesapeake Regional Healthcare, enabling the medical center to meet the changing healthcare needs of their local community. In the 2022 tax year, they provided financial assistance to various programs, including the Breast Center, Cancer Treatment Center, and the CRH Capital Campaign. The foundation's mission is centered around empowering and bolstering the capabilities of Chesapeake Regional Medical Center. They have a team of five dedicated individuals working towards achieving this mission.
Official website here: www.chesapeakeregional.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Chesapeake General Hospital Healthcare Foundation has achieved an impressive score of 96% on Charity Navigator, indicating a strong commitment to transparency and accountability. The organization's financial health is robust, with a program expense ratio of over 91%, signifying that the majority of its resources are effectively directed towards its programs and services.
The foundation boasts a highly independent board, with 94% of its members being independent, which enhances its governance practices. Additionally, it has established comprehensive policies regarding conflict of interest, whistleblowing, and document retention, contributing to a culture of integrity and ethical management.
Despite its many strengths, the foundation's low liabilities to assets ratio at just 0.11% highlights its financial stability. Overall, Chesapeake General Hospital Healthcare Foundation stands out as a well-managed organization making significant contributions to the healthcare community, with comprehensive oversight mechanisms in place to ensure continued effectiveness and trust.
This AI summary has been generated from information found on Charity Navigator.
Is Chesapeake General Hospital Healthcare Foundation legitimate?
Chesapeake General Hospital Healthcare Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chesapeake General Hospital Healthcare 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: $223,825
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.chesapeakeregional.com
What is the mission statement of Chesapeake General Hospital Healthcare Foundation?
The Chesapeake Regional Health Foundation's mission is centered around supporting Chesapeake Regional Medical Center. This support aims to assist the medical center in addressing the evolving healthcare needs of the community. In simpler terms, the foundation serves as a catalyst, enabling the medical center to adapt and meet the changing health requirements of its community. During the 2022 tax year, the foundation provided financial assistance to various initiatives, including the Breast Center, Cancer Treatment Center, and several other programs.
Official website here: www.chesapeakeregional.com
Who is the CEO of Chesapeake General Hospital Healthcare Foundation?
Reese Jackson Jd Mha Fache is the CEO of Chesapeake General Hospital Healthcare Foundation The CEO's salary of Chesapeake General Hospital Healthcare Foundation is $0 and their total compensation is $859,153.
Official website here: www.chesapeakeregional.com
What is the revenue of Chesapeake General Hospital Healthcare Foundation?
Chesapeake General Hospital Healthcare Foundation's revenue in 2023 was $1,719,517.
Official website here: www.chesapeakeregional.com
Who are the executives of Chesapeake General Hospital Healthcare Foundation and what are their salaries?
There are 5 employees and 55 volunteers at Chesapeake General Hospital Healthcare Foundation.
Here are 21 key members and their salaries (Chesapeake General Hospital Healthcare Foundation's CEO's salary is $0 and their total compensation is $859,153):
- Compensation: $0
- Related: $810,353
- Other: $48,800
- Compensation: $0
- Related: $490,578
- Other: $48,800
- Compensation: $0
- Related: $154,053
- Other: $0
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- Other: $0
Official website here: www.chesapeakeregional.com
Where can I find the form 990 for Chesapeake General Hospital Healthcare Foundation?
Chesapeake General Hospital Healthcare Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.chesapeakeregional.com
Learn more at the official website: www.chesapeakeregional.com
Mission Statement of Chesapeake General Hospital Healthcare Foundation
The Chesapeake Regional Health Foundation's mission is centered around supporting Chesapeake Regional Medical Center. This nonprofit organization aims to help the medical center adapt to the evolving healthcare needs of the community. By providing general support, the foundation enables the medical center to cater to the changing requirements of the local population effectively. During the 2022 tax year, the foundation contributed to various initiatives, including the Breast Center, Cancer Treatment Center, and CRH Capital Campaign, among others.
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Impact
July, 2024
Chesapeake General Hospital Healthcare Foundation's impact is crucial in supporting Chesapeake Regional Medical Center to respond effectively to the evolving healthcare needs of the community. In the past tax year, the foundation provided essential support for the Breast Center, Cancer Treatment Center, CRH Capital Campaign, and other vital programs. This support plays a significant role in ensuring that Chesapeake Regional Healthcare can deliver high-quality services and meet the diverse health needs of the community in Chesapeake, VA.
This information is meant to be a general summary of Chesapeake General Hospital Healthcare 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 2023.
- Investment Income: $145,601
- Gross Receipts: $2,620,477
Assets and Liabilities:
- Total Assets: $9,081,431
- Total Liabilities: $327,179
- Net Assets: $8,754,252
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Organization Details
Founding Year
1993
Principal Officer
Reese Jackson
Website
www.chesapeakeregional.comNTEE Category
Code: E110 - Health
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