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The Foundation For Mount Nittany Medical Center Inc

Mount Nittany Health Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 571138956 ✦ State college, PA ✦ Designated as a 501(c)(3)

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Overview

What is The Foundation For Mount Nittany Medical Center Inc?

The Foundation for Mount Nittany Medical Center Inc, based in State College, Pennsylvania, serves as an affiliate of Mount Nittany Health System. This nonprofit organization's primary mission is to enhance healthcare quality in their region by advocating for Mount Nittany Medical Center. They fundraise and engage in various activities to support the medical center's charitable, educational, and scientific objectives. Their initiatives in fiscal year 2022 included raising funds for cardiovascular services, women and children's services, and the Children's Advocacy Center. The Foundation also supports leadership development for medical staff and contributes to the planning of an outpatient building. With a team of 8 employees, they strive to improve healthcare access in their community.


Official website here: www.mountnittany.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Stars)

The Foundation For Mount Nittany Medical Center Inc has received an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The charity's score is derived entirely from its Accountability & Finance metrics, which highlight its efficient management of resources and robust oversight practices.

One of the organization's key strengths is its governance structure, with an independent board comprised entirely of members who adhere to best practices. They maintain rigorous audit and oversight protocols, ensuring all financial dealings are above board and that there is no material diversion of assets. Furthermore, the charity demonstrates an excellent program expense ratio, indicating that a significant portion of its funds is directed toward its core mission.

While the charity showcases high fundraising efficiency and a solid working capital ratio, which suggests financial stability, the focus on financial metrics leaves little insight into programmatic outcomes or community impact. Overall, The Foundation For Mount Nittany Medical Center Inc stands out for its strong financial health and governance, making it a worthy consideration for potential donors.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about The Foundation For Mount Nittany Medical Center Inc?

76% of 319 reviewers on Facebook recommend The Foundation For Mount Nittany Medical Center Inc. Here is a summary of their reviews:

Many users express their satisfaction with the care provided by the staff at the medical center. One reviewer particularly highlighted the exceptional support from the nursing team during a recent childbirth, noting that the nurses made the experience truly memorable and enjoyable. This reflects a consistent sentiment of appreciation for the professionalism and compassion demonstrated by the medical staff.

While a significant portion of the reviews show a positive outlook, it suggests that there may be room for improvement in other areas, given that 24% chose not to recommend the foundation. Overall, the commitment to patient experience appears to resonate strongly with those who have utilized their services, indicating that The Foundation For Mount Nittany Medical Center Inc generally delivers on its promises.


This AI summary has been generated from reviews found on Facebook.

Is The Foundation For Mount Nittany Medical Center Inc legitimate?

The Foundation For Mount Nittany Medical Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For Mount Nittany Medical Center 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: $555,950

For more financial information, click here


Official website here: www.mountnittany.org

What is the mission statement of The Foundation For Mount Nittany Medical Center Inc?

The Foundation for Mount Nittany Medical Center Inc's mission is centered around providing funding and support to advance the charitable, educational, and scientific purposes of its controlling entity, Mount Nittany Health System. This is done with the aim of improving the quality of life for people in their region by fostering healthcare advancements at Mount Nittany Health. In the fiscal year 2022, they raised significant funds through various events and pledges for various healthcare services, including cardiovascular services and women and children's services. Moreover, they supported the Children's Advocacy Center with cumulative funding and initiated the Dr. Wayne J. Sebastianellli Leadership Development Endowment to support leadership training for medical staff.


Official website here: www.mountnittany.org

Who is the CEO of The Foundation For Mount Nittany Medical Center Inc?

Kathleen Rhine is the President/Ceo of The Foundation For Mount Nittany Medical Center Inc. The CEO's salary of The Foundation For Mount Nittany Medical Center Inc is $0 and their total compensation is $14,721.


Official website here: www.mountnittany.org

What is the revenue of The Foundation For Mount Nittany Medical Center Inc?

The Foundation For Mount Nittany Medical Center Inc's revenue in 2022 was $6,079,084.


Official website here: www.mountnittany.org

Who are the executives of The Foundation For Mount Nittany Medical Center Inc and what are their salaries?

The average compensation at The Foundation For Mount Nittany Medical Center Inc during 2022 was $69,494. There are 8 employees and 185 volunteers at The Foundation For Mount Nittany Medical Center Inc.


Here are 14 key members and their salaries (The Foundation For Mount Nittany Medical Center Inc's CEO's salary is $0 and their total compensation is $14,721):


William P Hayes (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Kustanbauter (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kasandra A Botti Do (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Kalenak (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Rhine (President/Ceo)
  • Compensation: $0
  • Related: $1,099,600
  • Other: $134,367
Thomas J Taricani (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Carder Dds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hawbaker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Tomczuk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theodore Ziff Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Oyler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Roach (Executive Vp/Cfo)
  • Compensation: $0
  • Related: $599,631
  • Other: $49,022
Simon Corby (Executive Director (Until 5/22))
  • Compensation: $195,765
  • Related: $0
  • Other: $19,808
Lance Rose (Former Ceo/Officer/Director)
  • Compensation: $0
  • Related: $14,721
  • Other: $0


Official website here: www.mountnittany.org

Where can I find the form 990 for The Foundation For Mount Nittany Medical Center Inc?

The Foundation For Mount Nittany Medical Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mountnittany.org

Learn more at the official website: www.mountnittany.org

Mission Statement of The Foundation For Mount Nittany Medical Center Inc

The Foundation for Mount Nittany Medical Center Inc is committed to supporting the charitable, educational, and scientific purposes of Mount Nittany Health System. This nonprofit organization's mission is to provide funding and other resources to advance healthcare at Mount Nittany Health, aiming to enhance the quality of life for people in their region. Throughout the year, The Foundation engages in various activities to achieve this goal. In fiscal year 2022, they raised substantial funds for various purposes, including supporting the Children's Advocacy Center with $2,449,915 in cash gifts and pledge commitments. Furthermore, they organized events such as the 30th Annual Golf Classic, which raised funds for cardiovascular services at Mount Nittany Medical Center. They also supported the planning of an Outpatient Building with contributions from close supporters of Mount Nittany Health. In addition, they established the Dr. Wayne J. Sebastianelli Leadership Development Endowment, which will provide leadership training opportunities for medical staff at Mount Nittany Medical Center. Overall, The Foundation for Mount Nittany Medical Center Inc plays a crucial role in funding and supporting various initiatives to improve healthcare services and enhance the lives of individuals in their community.

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Impact




July, 2024

The Foundation for Mount Nittany Medical Center Inc's impact can be seen through its dedication to improving the quality of life in the region by supporting the advancement of healthcare at Mount Nittany Health. Through fundraising and other activities, the Foundation has raised significant amounts of cash gifts and pledge commitments to support various programs and services at Mount Nittany Medical Center.

In the fiscal year 2022, the Foundation raised funds for critical areas such as cardiovascular services, women and children's services, and leadership development for medical staff. Programs like the Children's Advocacy Center received substantial support, totaling $338,280, which included funding for various community support initiatives.

Furthermore, the Foundation's efforts have also contributed to the development of programs like the Dr. Wayne J. Sebastianelli Leadership Development Endowment, aimed at providing physicians and medical staff access to leadership training for the benefit of Mount Nittany Medical Center. Overall, the Foundation's impact is significant in enhancing healthcare services and supporting the broader mission of Mount Nittany Health in State College, PA.




This information is meant to be a general summary of The Foundation For Mount Nittany Medical Center 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.

Revenue
$6,079,084 (2022)
Expenses
$2,836,639 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,925,917
  • Gross Receipts: $19,564,090

Assets and Liabilities:

  • Total Assets: $15,006,858
  • Total Liabilities: $262,022
  • Net Assets: $14,744,836

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Organization Details

Founding Year

2003

Principal Officer

Kathleen Rhine

Main Address

1800 EAST PARK AVENUE, STATE COLLEGE, PA, 168036796

NTEE Category

Code: E112 - Health

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