Overview
What is Foundation Health Systems Corp?
Foundation Health Systems Corp is a crucial component of Novant Health, a not-for-profit network of hospitals, clinics, outpatient centers, and healthcare service providers. Novant Health's mission is to enhance the health of communities by focusing on individual well-being. The team at Novant Health strives to deliver exceptional patient experiences across all dimensions. Foundation Health Systems Corp is an integral part of this integrated system.
Official website here: www.novanthealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Foundation Health Systems Corp has received a commendable Four-Star rating from Charity Navigator, reflecting its high performance in accountability and finance. With a score of 96% in these areas, the organization demonstrates strong financial health and effective governance practices, highlighting its commitment to transparency and responsible management of resources.
The nonprofit prides itself on having a robust governance structure, with 83% of its board members being independent. This independence contributes to effective oversight and strategic decision-making, bolstered by a comprehensive array of policies including conflict of interest and whistleblower protections. The organization also maintains an impressive program expense ratio of 87.31%, indicating that a significant portion of its funds directly supports its mission-related activities.
While the organization performs well in financial accountability, it is essential to monitor its ongoing performance to ensure it continues to meet the high standards set. Overall, Foundation Health Systems Corp stands out as a reliable nonprofit, successfully balancing its mission with fiscal responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation Health Systems Corp legitimate?
Foundation Health Systems Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Health Systems Corp 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: $34,821,859
For more financial information, click here
Official website here: www.novanthealth.org
What is the mission statement of Foundation Health Systems Corp?
Foundation Health Systems Corp is an essential component of Novant Health, a not-for-profit integrated healthcare network. Novant Health is dedicated to enhancing community health, one individual at a time. The team at Novant Health strives to deliver an exceptional patient experience in all aspects, ensuring that each interaction is remarkable. Foundation Health Systems Corp shares this mission with Novant Health, contributing to their collective goal of improving overall health and wellbeing.
Official website here: www.novanthealth.org
Who is the CEO of Foundation Health Systems Corp?
Carl Armato is the Principal Officer of Foundation Health Systems Corp.
Official website here: www.novanthealth.org
What is the revenue of Foundation Health Systems Corp?
Foundation Health Systems Corp's revenue in 2022 was $90,941,180.
Official website here: www.novanthealth.org
Who are the executives of Foundation Health Systems Corp and what are their salaries?
The average compensation at Foundation Health Systems Corp during 2022 was $49,393. There are 705 employees and 9 volunteers at Foundation Health Systems Corp.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $1,748,678
- Other: $56,075
- Compensation: $0
- Related: $1,304,291
- Other: $197,764
- Compensation: $0
- Related: $468
- Other: $0
- Compensation: $0
- Related: $115
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $2,355,664
- Other: $61,852
- Compensation: $470,038
- Related: $0
- Other: $43,086
- Compensation: $468,213
- Related: $0
- Other: $42,648
- Compensation: $464,754
- Related: $0
- Other: $55,984
- Compensation: $169,377
- Related: $0
- Other: $42,660
- Compensation: $139,526
- Related: $0
- Other: $19,185
Official website here: www.novanthealth.org
Where can I find the form 990 for Foundation Health Systems Corp?
Foundation Health Systems Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.novanthealth.org
Learn more at the official website: www.novanthealth.org
Mission Statement of Foundation Health Systems Corp
Foundation Health Systems Corp, a significant constituent of the Novant Health system, is dedicated to enhancing the health and wellbeing of various communities. Working in tandem with Novant Health, which is a not-for-profit network of hospitals, clinics, and healthcare providers, Foundation Health Systems Corp strives to deliver exceptional patient experiences.
The collective mission of Novant Health, including Foundation Health Systems Corp, is geared towards improving the health of individuals, one person at a time. Novant Health's team is committed to providing remarkable care in every dimension, ensuring that each patient encounters the best possible experience. By focusing on the unique needs of each person, this organization fosters an environment of compassion and healing.
Foundation Health Systems Corp plays a pivotal role within Novant Health, contributing to the overall goal of creating healthier communities. Their dedication to excellence in patient care aligns with the broader mission of Novant Health, which is to provide remarkable healthcare services and experiences that positively impact the lives of the people they serve.
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Impact
October, 2024
Foundation Health Systems Corp plays a crucial role in enhancing community health through its integration within the Novant Health system. By providing access to a comprehensive network of hospitals, physician clinics, outpatient centers, and additional healthcare services, it significantly contributes to the overall well-being of the populations it serves.
Focused on delivering remarkable patient experiences, Foundation Health Systems Corp emphasizes personalized and high-quality care, aiming to engage with individuals on a personal level to foster healthier communities. Its commitment to health improvement extends to various dimensions of patient care, ensuring that every interaction meets the highest standards of service.
In Winston Salem, NC, and beyond, Foundation Health Systems Corp's operations help bridge gaps in healthcare access, streamline services, and promote wellness initiatives that ultimately uplift the health status of the community. Through its integrated approach, it supports not just immediate health needs, but also long-term health outcomes for individuals and families alike.
This information is meant to be a general summary of Foundation Health Systems Corp. 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: $353,144
- Program Service Revenue: $90,039,281
- Gross Receipts: $90,999,610
Assets and Liabilities:
- Total Assets: $259,818,742
- Total Liabilities: $19,942,084
- Net Assets: $239,876,658
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT REVENUE
Revenue
$80,134,249
MEDICAL SCHEDULING
Revenue
$9,713,461
PASS-THRU PATIENT REVENUE
Revenue
$191,571
Organization Details
Founding Year
1983
Phone
(336) 277-2411Principal Officer
Carl Armato
Main Address
2085 FRONTIS PLAZA BLVD, WINSTON SALEM, NC, 27103
Website
www.novanthealth.orgNTEE Category
Code: E210 - Health
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