Overview
What is Clarksville Volunteer Health Inc?
Clarksville Volunteer Health Inc is a nonprofit organization located at 120 South 2nd Street, Clarksville, Tennessee 37040. Their primary mission is to liquidate the assets and obligations of the old Gateway Hospital, with the earnings subsequently transferred to the Clarksville-Montgomery County Community Health Foundation, Inc. This process aims to support the overall health and well-being of the community in the Clarksville-Montgomery County area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
Clarksville Volunteer Health Inc demonstrates strong accountability and financial practices, highlighted by a perfect score for having an entirely independent board and no material diversion of assets. Their liabilities to assets ratio is commendably low at 0.00%, indicating sound financial health. Additionally, they allocate a significant portion of their funds to programs, achieving a program expense ratio of 99.94%.
However, despite these strengths, the overall rating reflects some areas for improvement, as a 73% score indicates that the organization may not fully meet the highest standards set by Charity Navigator. Continued focus on enhancing transparency and operational effectiveness could help improve their standing and increase public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Clarksville Volunteer Health Inc legitimate?
Clarksville Volunteer Health Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clarksville Volunteer Health 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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What is the mission statement of Clarksville Volunteer Health Inc?
Clarksville Volunteer Health Inc's primary mission is centered around liquidating the assets and settling the liabilities of the old Gateway Hospital. This process aims to transfer the resulting investment earnings to the Clarksville-Montgomery County Community Health Foundation, Inc. The organization's activities are driven by the goal of supporting the Community Health Foundation in this manner. By liquidating the hospital's assets and liabilities, Clarksville Volunteer Health Inc essentially contributes to the foundation's growth and continuation of its health-related initiatives.
Who is the CEO of Clarksville Volunteer Health Inc?
William H Wyatt is the Board Member of Clarksville Volunteer Health Inc.
What is the revenue of Clarksville Volunteer Health Inc?
Clarksville Volunteer Health Inc's revenue in 2022 was $43,950.
Who are the executives of Clarksville Volunteer Health Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Clarksville Volunteer Health Inc?
Clarksville Volunteer Health Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Clarksville Volunteer Health Inc
Clarksville Volunteer Health Inc, as a nonprofit organization, is committed to a specific mission. Its primary objective is to liquidate the assets and obligations of the old Gateway Hospital. The ultimate goal is to transfer the investment earnings from this process to the Clarksville-Montgomery County Community Health Foundation, Inc. By carrying out this mission, Clarksville Volunteer Health Inc aims to support the community health foundation in its efforts to improve healthcare services and accessibility in their respective area. The organization's role in this process is instrumental in ensuring that the funds raised from the liquidation of the old hospital's assets and liabilities are channeled towards community health initiatives, thereby contributing to the overall well-being of the community.
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Impact
August, 2024
Clarksville Volunteer Health Inc has a significant impact on the Clarksville-Montgomery County community by supporting the transfer of assets and obligations from the old Gateway Hospital to the Clarksville-Montgomery County Community Health Foundation, Inc. This work ensures that the community health foundation has the resources necessary to continue providing crucial healthcare services to residents. Through its efforts, Clarksville Volunteer Health Inc contributes to the overall well-being and health of the community, making a lasting difference in the lives of those it serves.
This information is meant to be a general summary of Clarksville Volunteer Health 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: $43,950
- Gross Receipts: $43,950
Assets and Liabilities:
- Total Assets: $23,681,503
- Total Liabilities: $439,182
- Net Assets: $23,242,321
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Organization Details
Phone
(931) 221-2492Principal Officer
William H Wyatt
Main Address
120 SOUTH 2ND ST, CLARKSVILLE, TN, 37040
NTEE Category
Code: E220 - Health
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