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Palm Healthcare Foundation Inc

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

EIN: 592391119 ✦ West palm beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Palm Healthcare Foundation Inc?

Palm Healthcare Foundation Inc, based in West Palm Beach, Florida, is a nonprofit organization that plays a pivotal role in promoting health and wellness in the community. Through fundraising, grantmaking, and initiatives, they strive to build a culture of health, addressing social, economic, and environmental factors impacting neighborhood health. They also focus on advancing brain health, fostering partnerships between brain science, community members, and care settings to make Palm Beach County a leader in this field. Additionally, the foundation supports educational programs to enhance the quality of care in clinical and community-based settings, with a total of 13 employees dedicated to this mission.


Official website here: www.palmhealthfoundation.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% - Four-Star out of Four Stars

Palm Healthcare Foundation Inc has achieved a perfect score of 100%, reflecting its outstanding commitment to accountability and financial transparency. The Foundation's high rating is based solely on Accountability & Finance metrics, showcasing its strong governance practices and sound financial management.

The organization boasts a fully independent board with a majority of independent members, which contributes to its effective oversight. Additionally, Palm Healthcare has maintained a strong financial position, as evidenced by their impressive program expense ratio of 85.5%. This indicates that a significant portion of their funds is directed towards their programs and services, enhancing the impact of their mission.

While the rating highlights numerous strengths, the summary primarily focuses on financial practices and governance. There are no noted limitations or concerns in the data, which reflects positively on the Foundation's operations and reinforces its reputation as a reliable nonprofit.


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

What do the Facebook reviews say about Palm Healthcare Foundation Inc?

100% of 7 reviewers on Facebook recommend Palm Healthcare Foundation Inc. Here is a summary of their reviews:

The consensus among reviewers is that the foundation consists of exceptional leaders who are genuinely making a difference in the community. Many praise the organization's commitment to its mission and the tangible impact it has on local initiatives.

Overall, the sentiment towards Palm Healthcare Foundation Inc. is overwhelmingly positive, with users expressing satisfaction and confidence in the services and support provided.


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

Is Palm Healthcare Foundation Inc legitimate?

Palm Healthcare Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palm 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $474,405
Professional Fundraising Fees: $0
Other Salaries and Wages: $818,957

For more financial information, click here


Official website here: www.palmhealthfoundation.org/

What is the mission statement of Palm Healthcare Foundation Inc?

The Palm Healthcare Foundation Inc's mission is to inspire and finance improvements in health through collaborative efforts within the community. Their activities are centered around building a culture of health, promoting the adoption of healthy lifestyles and addressing the social, economic, and environmental factors influencing health in local neighborhoods. Additionally, the foundation is focused on advancing brain health by fostering partnerships between brain science, community members, and care settings. Lastly, they support educational programs, such as scholarships and trainings, to enhance the quality of care in both clinical and community-based settings.


Official website here: www.palmhealthfoundation.org/

Who is the CEO of Palm Healthcare Foundation Inc?

Patrick Mcnamara is the Trustee of Palm Healthcare Foundation Inc. The CEO's salary of Palm Healthcare Foundation Inc is $248,180 and their total compensation is $283,483.


Official website here: www.palmhealthfoundation.org/

What is the revenue of Palm Healthcare Foundation Inc?

Palm Healthcare Foundation Inc's revenue in 2023 was $1,993,608.


Official website here: www.palmhealthfoundation.org/

Who are the executives of Palm Healthcare Foundation Inc and what are their salaries?

The average compensation at Palm Healthcare Foundation Inc during 2023 was $99,489. There are 13 employees and 30 volunteers at Palm Healthcare Foundation Inc.


Here are 21 key members and their salaries (Palm Healthcare Foundation Inc's CEO's salary is $248,180 and their total compensation is $283,483):


Dr Alina Alonso (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Bober (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Quattlebaum (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Wisehaupt (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Schwarkopf (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nat Nason (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Stephenson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Marsha Fishbane Md (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Andel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ilene Solomon Silber (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Elhilow (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frances Fisher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Koehn Phd (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clarence Williams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara James (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Zaloom (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Naelys Luna Phd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clovis Moodie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Fisher Cummings (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abigail Goodwin (Exec Vp)
  • Compensation: $136,647
  • Related: $0
  • Other: $34,746
Patrick J Mcnamara (President & Ceo)
  • Compensation: $248,180
  • Related: $0
  • Other: $35,303


Official website here: www.palmhealthfoundation.org/

Where can I find the form 990 for Palm Healthcare Foundation Inc?

Palm Healthcare Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.palmhealthfoundation.org/

Learn more at the official website: www.palmhealthfoundation.org/

Mission Statement of Palm Healthcare Foundation Inc

Palm Healthcare Foundation, as an influential entity, is dedicated to inspiring and funding solutions that enhance health within communities. Their mission, in essence, is to foster a culture of health across Palm Beach County by supporting initiatives that promote the adoption of healthier lifestyles and address the underlying social, economic, and environmental factors that impact community wellbeing.

In addition to this, Palm Healthcare Foundation is committed to making Palm Beach County a pioneer in brain health. They achieve this by forging unique partnerships and networks between brain science, community members, and care settings. This holistic approach aims to raise the bar in promoting brain health within the community.

Lastly, the Foundation also prioritizes strengthening the health professions. They do this by providing educational programs such as scholarships and trainings, which ultimately improve the quality of care provided in both clinical and community-based settings. This commitment to education and professional development is crucial in ensuring that healthcare in Palm Beach County remains of the highest standard.

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Impact




July, 2024

Palm Healthcare Foundation Inc is actively building a culture of health in Palm Beach County by supporting community health initiatives, promoting healthy lifestyles, and addressing social, economic, and environmental factors that impact health. Additionally, the Foundation is advancing brain health by fostering partnerships between brain science experts, community members, and care settings to establish Palm Beach County as a national leader in brain health promotion. Furthermore, Palm Healthcare Foundation Inc is strengthening the health professions by providing support for educational programs that enhance the quality of care in both clinical and community-based settings. Through its fundraising, grantmaking, and initiatives, the Foundation is making a significant impact on the health and well-being of the community.




This information is meant to be a general summary of Palm 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.

Revenue
$1,993,608 (2023)
Expenses
$5,097,890 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,125,436
  • Program Service Revenue: $82,438
  • Gross Receipts: $71,550,619

Assets and Liabilities:

  • Total Assets: $85,858,257
  • Total Liabilities: $650,878
  • Net Assets: $85,207,379

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Event Income

Revenue

$64,156

Program Revenue

Revenue

$18,282

Organization Details

Founding Year

1984

Principal Officer

Patrick Mcnamara

Main Address

700 South Dixie Highway 103, West Palm Beach, FL, 33401

NTEE Category

Code: E11 - Health

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