Overview
What is River Valley Health Foundation?
The River Valley Health Foundation is a charitable organization established following the sale of Ohio Valley Medical Center and East Ohio Regional Hospital to Alecto, a for-profit healthcare system. Headquartered in Wheeling, West Virginia, the foundation's mission is to enhance the health and well-being of residents in the Ohio Valley region. It primarily focuses on providing funding for health education for community members and healthcare professionals in Wheeling, West Virginia, Martins Ferry, Ohio, St. Clairsville, Ohio, as well as several adjacent counties in both Ohio and West Virginia. Currently, the foundation is developing a formalized competitive grant process to ensure community needs are met. It was officially recognized as a tax-exempt non-profit 501(c)(3) public charity by the Internal Revenue Service in 2018.
Official website here: www.rivervalleyhf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
River Valley Health Foundation has received a solid score of 83%, indicating a good level of accountability and financial health. The organization excels in several areas, with a completely independent board of members and no material diversion of assets, reflecting strong governance practices. The program expense ratio is notably high at 93.96%, suggesting that a significant majority of funds are directed towards its programs, which is a positive sign for potential donors.
However, there are a few areas that need improvement. The foundation lacks a whistleblower policy and a document retention and destruction policy, both of which are critical for transparency and accountability. While the organization has strong policies in place regarding conflict of interest and maintains accurate board meeting minutes, the absence of these key policies could raise concerns about operational integrity.
Overall, River Valley Health Foundation demonstrates a commitment to effective governance and financial stewardship. The high program expense ratio and independent board are commendable, but addressing the gaps in policy could enhance its standing further and reassure stakeholders about its operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is River Valley Health Foundation legitimate?
River Valley Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. River Valley Health 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: $54,461
For more financial information, click here
Official website here: www.rivervalleyhf.org
What is the mission statement of River Valley Health Foundation?
The River Valley Health Foundation's mission is centered around improving the health and well-being of the residents within the Ohio Valley region. They accomplish this by providing funding for health education, specifically targeting both community members and healthcare professionals in various towns and counties, including Wheeling, West Virginia, Martins Ferry, Ohio, St. Clairsville, Ohio, Brooke, Ohio, Marshall and Wetzel in West Virginia, and Belmont, Jefferson, Monroe, Guernsey, and Harrison in Ohio. Their primary focus is on promoting health awareness and education to enhance the overall well-being of the community.
Official website here: www.rivervalleyhf.org
Who is the CEO of River Valley Health Foundation?
Kristine Molnar is the Executive Di of River Valley Health Foundation.
Official website here: www.rivervalleyhf.org
What is the revenue of River Valley Health Foundation?
River Valley Health Foundation's revenue in 2022 was $157,247.
Official website here: www.rivervalleyhf.org
Who are the executives of River Valley Health Foundation and what are their salaries?
The average compensation at River Valley Health Foundation during 2022 was $54,461. There is 1 employee at River Valley Health Foundation.
Here are 11 key members and their salaries:
- Compensation: $54,461
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- Other: $10,783
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Official website here: www.rivervalleyhf.org
Where can I find the form 990 for River Valley Health Foundation?
River Valley Health Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rivervalleyhf.org
Learn more at the official website: www.rivervalleyhf.org
Mission Statement of River Valley Health Foundation
The River Valley Health Foundation, as a nonprofit organization, is dedicated to enhancing the health and well-being of its community members. This is achieved by providing financial support for health education initiatives. The foundation focuses on both the residents of specific communities, such as Wheeling, West Virginia, Martins Ferry, Ohio, St. Clairsville, Ohio, and several counties in Ohio and West Virginia, and healthcare professionals working within these areas. The primary objective of the River Valley Health Foundation is to improve the overall health and well-being of its community by supporting health education programs for local residents and healthcare professionals.
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Impact
October, 2024
River Valley Health Foundation significantly enhances the health and well-being of residents in the Ohio Valley, serving communities such as Wheeling, West Virginia, and Martins Ferry and St. Clairsville, Ohio. By providing funding for health education initiatives, the Foundation empowers both community members and healthcare professionals, fostering a more informed and healthier population.
In response to the 2017 sale of Ohio Valley Medical Center and East Ohio Regional Hospital, the Foundation was established to carry forward the charitable outreach efforts that these institutions once offered. It focuses on identifying and addressing community health needs by developing a formalized competitive grant process, ensuring that vital resources are allocated effectively. Through its efforts, the Foundation is committed to creating lasting improvements in health education and access, ultimately benefiting the diverse communities across multiple counties in West Virginia and Ohio.
This information is meant to be a general summary of River Valley Health 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: $113,229
- Gross Receipts: $194,703
Assets and Liabilities:
- Total Assets: $3,511,706
- Total Liabilities: $1,933
- Net Assets: $3,509,773
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Organization Details
Founding Year
1989
Phone
(412) 298-2423Principal Officer
Kristine Molnar
Main Address
1226 CHAPLINE STREET, WHEELING, WV, 26003
Website
www.rivervalleyhf.orgNTEE Category
Code: E60 - Health
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