Overview
What is Oconee Memorial Hospital Foundation Inc?
Oconee Memorial Hospital Foundation Inc, situated in Seneca, South Carolina, serves as a philanthropic entity dedicated to supporting and improving the mission of Oconee Memorial Hospital and its community health programs. The foundation raises funds through securing gifts, donations, and bequests from local individuals and entities. By doing so, they aim to enhance various aspects of the hospital, such as technology initiatives, patient service areas, and outreach programs. The foundation's Board of Trustees is actively working on strengthening its asset base for future projects, collaborating closely with the hospital's Advisory Board of Directors and executive management to address the hospital's needs and those within its surrounding community.
Official website here: www.oconeemedorg/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Oconee Memorial Hospital Foundation Inc has achieved a high level of accountability and financial management, as evidenced by its impressive 96% score on Charity Navigator, which translates to a Four-Star rating. This rating is primarily derived from the organization's strong performance in various financial and governance metrics, reflecting its commitment to responsible stewardship of resources. The foundation has a fully independent board, which enhances its credibility and decision-making processes.
The organization exhibits notable strengths in its financial operations, including a program expense ratio of 95.94%, indicating that a significant portion of its funds are directed toward its mission-related activities. Additionally, the foundation demonstrates robust governance practices, with policies in place for conflict of interest, whistleblower protections, and document retention. These practices contribute to a transparent operational framework that is designed to build trust with donors and stakeholders.
While the foundation's financial health appears solid, it's essential to consider that the rating is based entirely on one area of assessment, focusing on accountability and finance. Potential donors may want to look deeper into program outcomes and community impact, as these factors are not reflected in the current rating. Overall, the Oconee Memorial Hospital Foundation Inc is positioned as a responsible nonprofit with strong financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Oconee Memorial Hospital Foundation Inc legitimate?
Oconee Memorial Hospital Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oconee Memorial 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:
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For more financial information, click here
Official website here: www.oconeemedorg/foundation
What is the mission statement of Oconee Memorial Hospital Foundation Inc?
The Oconee Memorial Hospital Foundation Inc's mission is to identify philanthropic resources and raise funds to support and enhance the mission of Oconee Memorial Hospital and its community health programs. In line with this mission, the foundation secures gifts, donations, and bequests from individuals and entities within its service area. The foundation's board of trustees is actively developing a solid asset base for future endeavors, working closely with the hospital's advisory board of directors and executive management to identify needs within the facility and its surrounding community. These needs can be addressed by the gathered resources, potentially including technology initiatives, expansion or improvement of patient service areas, or enhancement of outreach programs.
Official website here: www.oconeemedorg/foundation
Who is the CEO of Oconee Memorial Hospital Foundation Inc?
Cortni Hations is the Executive Director of Oconee Memorial Hospital Foundation Inc.
Official website here: www.oconeemedorg/foundation
What is the revenue of Oconee Memorial Hospital Foundation Inc?
Oconee Memorial Hospital Foundation Inc's revenue in 2022 was $1,392,321.
Official website here: www.oconeemedorg/foundation
Who are the executives of Oconee Memorial Hospital Foundation Inc and what are their salaries?
There 200 volunteers at Oconee Memorial Hospital Foundation Inc.
Here are 14 key members and their salaries:
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Official website here: www.oconeemedorg/foundation
Where can I find the form 990 for Oconee Memorial Hospital Foundation Inc?
Oconee Memorial Hospital Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oconeemedorg/foundation
Learn more at the official website: www.oconeemedorg/foundation
Mission Statement of Oconee Memorial Hospital Foundation Inc
Oconee Memorial Hospital Foundation Inc, a nonprofit organization, is committed to identifying philanthropic resources and raising funds to support and enhance the mission of Oconee Memorial Hospital and its community health programs. The foundation's primary objective is to secure gifts, donations, and bequests from individuals and entities within the hospital's service area. By doing so, it aims to build a solid asset base for future endeavors, working closely with the hospital's advisory board of directors and executive management. This collaboration allows the foundation to identify needs within the facility and its surrounding community, addressing them through technology initiatives, expansion or improvement of patient service areas, or enhancement of outreach programs. In essence, Oconee Memorial Hospital Foundation Inc is dedicated to leveraging philanthropic resources to strengthen the hospital's mission and improve community health programs.
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Impact
July, 2024
Oconee Memorial Hospital Foundation Inc plays a crucial role in supporting and enhancing the mission of Oconee Memorial Hospital and its community health programs. Through the identification of philanthropic resources and fundraising efforts, the foundation works to secure gifts, donations, and bequests from individuals and entities within the hospital's service area. This support has enabled the foundation to develop a solid asset base for future endeavors, in collaboration with the hospital's advisory board of directors and executive management.
The impact of Oconee Memorial Hospital Foundation Inc extends to initiatives such as technology upgrades, expansion/improvement of patient service areas, and enhancement of outreach programs. By focusing on addressing the needs within the facility and its surrounding community, the foundation plays a vital role in advancing healthcare services and promoting wellness in Seneca, SC.
This information is meant to be a general summary of Oconee Memorial 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.
- Gross Receipts: $1,463,696
Assets and Liabilities:
- Total Assets: $9,009,403
- Total Liabilities: $429,138
- Net Assets: $8,580,265
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Organization Details
Founding Year
1999
Principal Officer
Cortni Hations
Main Address
298 MEMORIAL DRIVE, SENECA, SC, 296729499
Website
www.oconeemedorg/foundationNTEE Category
Code: E112 - Health
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