Overview
What is Infirmary Foundation Inc?
Infirmary Foundation Inc, based in Mobile, Alabama, is a dedicated nonprofit organization that aims to promote health and support various 501(C)(3) affiliated institutions. Their primary mission is to contribute financially to Mobile Infirmary Medical Center, a local hospital that caters to the healthcare needs of the community through inpatient/outpatient care, rehabilitation, therapy, and education. During their recent funding, they equipped the hospital with new safety equipment, therapy devices, and office furniture, updating several departments. Additionally, Infirmary Foundation sponsored educational events for medical staff to stay current in medical advancements. Moreover, they sponsored the Debakey Awards ceremony, a scholarship program for medical students who commit to serving rural Alabama as primary care doctors for at least five years post-graduation. Overall, Infirmary Foundation plays a significant role in enhancing healthcare services and encouraging public support for related organizations.
Official website here: www.infirmaryhealth.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 95%, Four-Star out of Four Star rating.
The Infirmary Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 95, the organization demonstrates a high level of transparency and responsible financial practices, indicated by its perfect scores in several key areas such as independent board members and financial audits. The foundation has established a robust governance structure, with 96% of its board members being independent, which enhances its credibility.
Financial health metrics also indicate a well-managed organization; the program expense ratio stands at 71.37%, showing that a significant portion of its budget is allocated to programs rather than administrative costs. Additionally, the foundation exhibits outstanding fundraising efficiency, with only $0.002 spent to raise each dollar, underscoring its effectiveness in resource utilization. Its liabilities to assets ratio is remarkably low at 0.73%, further emphasizing its solid financial standing.
While the organization appears to be performing exceptionally well in various areas, potential donors may want to continuously monitor performance metrics over time to ensure sustained effectiveness and alignment with their philanthropic goals. Overall, the Infirmary Foundation Inc stands out as a reliable nonprofit, reflecting strong governance and financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Infirmary Foundation Inc legitimate?
Infirmary Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Infirmary 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: $0
Other Salaries and Wages: $457,223
For more financial information, click here
Official website here: www.infirmaryhealth.org
What is the mission statement of Infirmary Foundation Inc?
The Infirmary Foundation's mission is centered around promoting health and supporting various 501(c)(3) organizations. Its primary objective is to encourage public support for these organizations. The foundation plays a crucial role in advancing healthcare by providing funding to institutions like the Mobile Infirmary Medical Center. This funding is used for purchasing state-of-the-art medical equipment, updating departments, and supporting medical staff by sending them to educational conferences and summits. The Infirmary Foundation also sponsors the Debakey Awards ceremony, a scholarship for medical students committed to serving rural areas in Alabama as primary care doctors for at least five years after their medical school and residency.
Official website here: www.infirmaryhealth.org
Who is the CEO of Infirmary Foundation Inc?
D Mark Nix is the President of Infirmary Foundation Inc.
Official website here: www.infirmaryhealth.org
What is the revenue of Infirmary Foundation Inc?
Infirmary Foundation Inc's revenue in 2023 was $2,223,960.
Official website here: www.infirmaryhealth.org
Who are the executives of Infirmary Foundation Inc and what are their salaries?
Here are 34 key members and their salaries:
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Official website here: www.infirmaryhealth.org
Where can I find the form 990 for Infirmary Foundation Inc?
Infirmary Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.infirmaryhealth.org
Learn more at the official website: www.infirmaryhealth.org
Mission Statement of Infirmary Foundation Inc
Infirmary Foundation Inc, a philanthropic organization, is committed to advancing the promotion of health and supporting the objectives of its affiliated 501(C)(3) organizations. Its primary mission is to encourage public support for these organizations, aiming to contribute to their collective efforts in improving community health. The foundation has demonstrated its commitment by providing funding to Mobile Infirmary Medical Center, a 501(C)(3) hospital, to upgrade its healthcare equipment. This includes purchasing new safety equipment, therapy equipment, and office furniture to enhance various departments within the hospital.
Moreover, Infirmary Foundation Inc has supported the professional development of its medical staff. It has paid for individuals to attend conferences and summits to ensure they stay updated with the latest advancements in medicine. Additionally, the foundation has sponsored the Debakey Awards ceremony, a scholarship program for medical students who pledge to serve rural areas in Alabama as primary care doctors for at least five years following their medical school and residency completion. By investing in these initiatives, Infirmary Foundation Inc plays a significant role in improving healthcare access and quality in its affiliated organizations and the communities they serve.
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Impact
July, 2024
Infirmary Foundation Inc's impact can be seen in its support of Mobile Infirmary Medical Center, a 501(c)(3) hospital providing crucial healthcare services to the community. The foundation has provided funding for state-of-the-art healthcare equipment, ensuring that the hospital can meet the diverse healthcare needs of its clients through inpatient and outpatient care, rehabilitation, therapy, and education. Additionally, the foundation has sponsored conferences and summits for medical staff to stay updated on advances in medicine, and has supported the DeBakey Awards Ceremony, a scholarship program for medical students committing to serving rural areas in Alabama as primary care doctors. Through these initiatives, Infirmary Foundation Inc has made a tangible impact on promoting health and supporting the mission of the Mobile Infirmary Association.
This information is meant to be a general summary of Infirmary 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: $604,206
- Gross Receipts: $7,475,600
Assets and Liabilities:
- Total Assets: $38,374,600
- Total Liabilities: $282,900
- Net Assets: $38,091,700
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Organization Details
Founding Year
1983
Phone
(251) 435-3030Principal Officer
D Mark Nix
Main Address
PO BOX 2226, MOBILE, AL, 36652
Website
www.infirmaryhealth.orgNTEE Category
Code: E99Z - Health
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