Overview
What is Roane General Hospital Foundation Inc?
Roane General Hospital Foundation Inc is a charitable organization, headquartered in Spencer, West Virginia, primarily focused on supporting the activities of Roane General Hospital. By fundraising and performing various functions, the foundation works towards upholding and furthering the hospital's exempt purpose. The foundation's mission involves soliciting, raising, holding, investing, and managing contributions that benefit and support the functions or carry out the purposes of Roane General Hospital, a tax-exempt organization under 501 c 3 and 509 A 1 of the Internal Revenue Code.
Official website here: www.roanegeneralhospital.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating
Roane General Hospital Foundation Inc has achieved a 76% score, reflecting a strong emphasis on accountability and finance. The organization's score is derived from a single beacon, showcasing its financial health and operational transparency. The foundation has an independent board comprised entirely of independent members, and it maintains a favorable liabilities to assets ratio of 0.00%, indicating sound financial management.
Despite these strengths, there are significant gaps in governance policies. The foundation lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are crucial for ensuring ethical operations. While these omissions have impacted the overall score, Roane General Hospital Foundation maintains a high program expense ratio of 99.42%, demonstrating a commitment to channeling funds directly into its mission-related activities.
This AI summary has been generated from information found on Charity Navigator.
Is Roane General Hospital Foundation Inc legitimate?
Roane General Hospital Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Roane General Hospital 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.roanegeneralhospital.com
What is the mission statement of Roane General Hospital Foundation Inc?
The Roane General Hospital Foundation Inc's mission is to raise funds and perform various supporting functions to benefit and carry out the purposes of Roane General Hospital, a tax-exempt organization under sections 501 c 3 and 509 A 1 of the Internal Revenue Code (IRC). The foundation's primary objective is to solicit, gather, and invest contributions, gifts, bequests, and devices for the support of the hospital. By carrying out these activities, the Roane General Hospital Foundation Inc aids in enhancing the hospital's functions and furthering its exempt purposes.
Official website here: www.roanegeneralhospital.com
Who is the CEO of Roane General Hospital Foundation Inc?
Douglas Bentz is the Chairman/President of Roane General Hospital Foundation Inc.
Official website here: www.roanegeneralhospital.com
What is the revenue of Roane General Hospital Foundation Inc?
Roane General Hospital Foundation Inc's revenue in 2022 was $577,326.
Official website here: www.roanegeneralhospital.com
Who are the executives of Roane General Hospital Foundation Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $403,520
- Other: $47,864
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.roanegeneralhospital.com
Where can I find the form 990 for Roane General Hospital Foundation Inc?
Roane General Hospital Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.roanegeneralhospital.com
Learn more at the official website: www.roanegeneralhospital.com
Mission Statement of Roane General Hospital Foundation Inc
Roane General Hospital Foundation Inc is dedicated to raising funds and investments to support and further the purposes of Roane General Hospital, a tax-exempt organization under sections 501(c)3 and 509A1 of the Internal Revenue Code. The foundation's mission is to solicit, collect, and manage contributions, gifts, bequests, and devices with the aim of benefiting and aiding Roane General Hospital in carrying out its exempt functions. By performing these tasks, the foundation plays a crucial role in enhancing the capabilities and services provided by Roane General Hospital, ultimately contributing to the betterment of the healthcare services offered to the community.
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Impact
July, 2024
The Roane General Hospital Foundation Inc's impact lies in its vital support for Roane General Hospital, a tax-exempt organization dedicated to providing essential healthcare services in Spencer, WV. The Foundation plays a crucial role in raising funds and carrying out activities that directly benefit the hospital's functions and purposes. By soliciting, raising, and investing contributions, gifts, bequests, and devices, the Foundation ensures that Roane General Hospital can continue its mission to serve the community's healthcare needs effectively. Ultimately, the Foundation's efforts contribute significantly to the enhancement and sustainability of healthcare services in the region.
This information is meant to be a general summary of Roane General Hospital 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,157
- Gross Receipts: $589,782
Assets and Liabilities:
- Total Assets: $826,605
- Total Liabilities: $0
- Net Assets: $826,605
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Organization Details
Founding Year
1995
Phone
(304) 927-4444Principal Officer
Douglas Bentz
Main Address
200 HOSPITAL DRIVE, Spencer, WV, 25276
Website
www.roanegeneralhospital.comNTEE Category
Code: E39Z - Health
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