Overview
What is Cabarrus Healthcare Foundation Inc?
Cabarrus Healthcare Foundation Inc, established in 1993, is a nonprofit organization based in Concord, North Carolina. Their primary mission is to support Atrium Health Cabarrus, enhancing its overall programs and services by raising funds through various means, such as solicitations from employees, philanthropists, businesses, and special events. The foundation plays a crucial role in planning and implementing development strategies for Atrium Health Cabarrus, aiming to improve health, instill hope, and advance healing in the community.
Official website here: www.cabarrushealthcarefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Cabarrus Healthcare Foundation Inc has earned an 81% score, reflecting a strong emphasis on accountability and finance. This rating is derived solely from a single beacon score, which indicates that the organization is performing well in its financial transparency and governance practices. The foundation boasts a fully independent board and has no reported material diversion of assets, which further enhances its credibility.
The foundation's financial management is notable, with a program expense ratio of 97.28%, indicating that a significant portion of its funding is directed towards its mission-driven programs. Additionally, the organization has proper policies in place, including conflict of interest, whistleblower, and document retention policies, which are all critical for maintaining ethical standards and operational integrity.
However, while the financial practices are commendable, the reliance on a single beacon score means that other aspects of organizational effectiveness are not captured in this rating. Potential donors may want to consider additional factors such as program impact and community engagement when evaluating the foundation's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Cabarrus Healthcare Foundation Inc legitimate?
Cabarrus Healthcare Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cabarrus Healthcare 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.
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Official website here: www.cabarrushealthcarefoundation.org
What is the mission statement of Cabarrus Healthcare Foundation Inc?
The Cabarrus Healthcare Foundation's mission is centered around improving health, fostering hope, and promoting healing for all individuals. This is achieved through raising awareness and funds for Atrium Health Cabarrus, which forms the foundation's primary focus. The organization educates the community about the programs and services offered by Atrium Health Cabarrus, and funds are raised through various means, including direct solicitations from hospital employees, physicians, and local businesses, as well as special events. The foundation leads the development planning and implementation for Atrium Health Cabarrus.
Official website here: www.cabarrushealthcarefoundation.org
Who is the CEO of Cabarrus Healthcare Foundation Inc?
Bob Bratton is the Board Member of Cabarrus Healthcare Foundation Inc.
Official website here: www.cabarrushealthcarefoundation.org
What is the revenue of Cabarrus Healthcare Foundation Inc?
Cabarrus Healthcare Foundation Inc's revenue in 2022 was $1,443,748.
Official website here: www.cabarrushealthcarefoundation.org
Who are the executives of Cabarrus Healthcare Foundation Inc and what are their salaries?
Here are 36 key members and their salaries:
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- Related: $165,558
- Other: $33,460
Official website here: www.cabarrushealthcarefoundation.org
Where can I find the form 990 for Cabarrus Healthcare Foundation Inc?
Cabarrus Healthcare Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cabarrushealthcarefoundation.org
Learn more at the official website: www.cabarrushealthcarefoundation.org
Mission Statement of Cabarrus Healthcare Foundation Inc
Cabarrus Healthcare Foundation Inc, established in 1993, is dedicated to improving health, fostering hope, and promoting healing for all individuals. The foundation's mission is to serve as an advocate and a source of funding for Atrium Health Cabarrus, raising funds through various direct solicitations, special events, and contributions from hospital employees, physicians, local individuals, families, grantors, and businesses. By supporting Atrium Health Cabarrus' strategic plan, Cabarrus Healthcare Foundation Inc plays a crucial role in enhancing the overall healthcare services and programs offered within the community. The foundation leads the development planning and implementation for Atrium Health Cabarrus, ensuring that the hospital has the necessary resources to meet the evolving needs of its patients and community.
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Impact
July, 2024
Cabarrus Healthcare Foundation Inc's impact is evident in its dedication to improving health, elevating hope, and advancing healing for all through awareness and fundraising for Atrium Health Cabarrus. By organizing and conducting various fundraising initiatives, including direct solicitations from hospital employees, physicians, individuals, families, grantors, and businesses, as well as special events, the Foundation plays a crucial role in supporting the strategic plan of the hospital. This support enables Atrium Health Cabarrus to provide essential programs, services, and overall needs to the community, ultimately enhancing healthcare outcomes and fostering a healthier population in Concord, NC.
This information is meant to be a general summary of Cabarrus Healthcare 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: $331,610
- Gross Receipts: $6,235,975
Assets and Liabilities:
- Total Assets: $23,524,115
- Total Liabilities: $0
- Net Assets: $23,524,115
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Organization Details
Founding Year
1993
Phone
(704) 403-1369Principal Officer
Bob Bratton
Main Address
920 CHURCH STREET NORTH, CONCORD, NC, 28025
NTEE Category
Code: E110 - Health
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