Overview
What is Caldwell Memorial Hospital Foundation Inc?
Caldwell Memorial Hospital Foundation Inc is a nonprofit organization that plays a crucial role in funding health and human services initiatives. Their primary mission involves allocating resources towards various projects, such as women's imaging equipment, the Jonas Hill Hospital, and the Capstone Campaign for a heart facility. By supporting these endeavors, they aim to enhance the overall healthcare infrastructure within their community, thereby contributing to the well-being of its residents.
Official website here: www.caldwellmemorialfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Caldwell Memorial Hospital Foundation Inc has achieved a notable score of 96%, which reflects its strong performance in the area of accountability and finance. This high rating, classified as a Four-Star rating, indicates a commitment to transparency and effective financial management. The foundation's overall score stems entirely from its accountability metrics, showcasing its dedication to maintaining a high standard of operational integrity.
The foundation boasts an independent board consisting of 20 members, all of whom are independent, which is a significant strength as it underscores the organization’s governance structure. Additionally, the foundation has implemented comprehensive policies including conflict of interest, whistleblower protections, and document retention, which are all essential for ethical transparency. Their financial statements have been audited with no material diversions of assets, further reinforcing their credibility.
On the financial front, Caldwell Memorial Hospital Foundation demonstrates efficiency with a program expense ratio of 79.45%, indicating that a substantial portion of their funding is directed towards their mission. Their liabilities to assets ratio is also favorable at 4.40%, suggesting a solid financial position. Overall, while the foundation shows exemplary governance and financial health, continuous engagement with the community and stakeholders will be crucial for maintaining its high standards and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Caldwell Memorial Hospital Foundation Inc legitimate?
Caldwell Memorial Hospital Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caldwell 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:
Executive Compensation: $0
Professional Fundraising Fees: $131,727
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For more financial information, click here
Official website here: www.caldwellmemorialfoundation.org
What is the mission statement of Caldwell Memorial Hospital Foundation Inc?
The Caldwell Memorial Hospital Foundation's mission is centered around supporting health and human services initiatives. They achieve this by distributing funds to various projects, with a focus on women's imaging equipment, the Jonas Hill Hospital, and the Capstone Campaign for the heart facility. In essence, the foundation aims to enhance healthcare facilities and services, contributing to the betterment of community health.
Official website here: www.caldwellmemorialfoundation.org
Who is the CEO of Caldwell Memorial Hospital Foundation Inc?
Virginia N Hoyle is the President of Caldwell Memorial Hospital Foundation Inc.
Official website here: www.caldwellmemorialfoundation.org
What is the revenue of Caldwell Memorial Hospital Foundation Inc?
Caldwell Memorial Hospital Foundation Inc's revenue in 2023 was $1,731,029.
Official website here: www.caldwellmemorialfoundation.org
Who are the executives of Caldwell Memorial Hospital Foundation Inc and what are their salaries?
There 75 volunteers at Caldwell Memorial Hospital Foundation Inc.
Here are 24 key members and their salaries:
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Official website here: www.caldwellmemorialfoundation.org
Where can I find the form 990 for Caldwell Memorial Hospital Foundation Inc?
Caldwell Memorial Hospital Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.caldwellmemorialfoundation.org
Learn more at the official website: www.caldwellmemorialfoundation.org
Mission Statement of Caldwell Memorial Hospital Foundation Inc
The Caldwell Memorial Hospital Foundation, a nonprofit organization, is dedicated to advancing health and human services. It accomplishes this by channeling funds into various projects. One of its key initiatives involves investing in state-of-the-art women's imaging equipment, aiming to enhance diagnostic capabilities and improve women's health care. The foundation also supports the Jonas Hill Hospital, contributing to its operations and potential improvements. Furthermore, the Caldwell Memorial Hospital Foundation is actively involved in the Capstone Campaign for the heart facility. This campaign is aimed at enhancing cardiac care, ensuring that individuals in need have access to advanced heart treatment. By supporting these projects, the foundation plays a pivotal role in improving medical services and overall quality of life for the community.
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Impact
July, 2024
Caldwell Memorial Hospital Foundation Inc has a significant impact on enhancing health and human services in the community. Through funding allocated towards projects such as women's imaging equipment, the Jonas Hill Hospital, and the Capstone Campaign for the heart facility, the foundation plays a crucial role in improving healthcare services in Lenoir, NC. Their mission to support health and human services initiatives directly benefits the community by providing essential resources for medical advancements and improved patient care.
This information is meant to be a general summary of Caldwell 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 2023.
- Investment Income: $9,047
- Gross Receipts: $20,895,033
Assets and Liabilities:
- Total Assets: $15,954,018
- Total Liabilities: $702,000
- Net Assets: $15,252,018
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Organization Details
Founding Year
1991
Phone
(828) 757-5525Principal Officer
Virginia N Hoyle
Main Address
PO BOX 1890, LENOIR, NC, 28645
NTEE Category
Code: E22I - Health
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