Overview
What is Mercy Health Foundation Ardmore?
Mercy Health Foundation Ardmore is a charitable organization based in Ardmore, Oklahoma, with an address at 1011 14TH AVENUE NW. Its primary purpose is to enhance the quality of care and services provided by Mercy Hospital Ardmore through philanthropy. The foundation achieves this by raising funds from various sources, including donations. The mission of Mercy Health Foundation Ardmore is aligned with the compassionate care and exceptional service traditionally upheld by the Sisters of Mercy. By supporting Mercy Ardmore institutions, the foundation aims to use and distribute gifts, bequests, trusts, and other assets for their benefit.
Official website here: www.mercy.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%, Four-Star out of Four Star Rating.
The Mercy Health Foundation Ardmore has achieved a high score of 95%, reflecting strong performance in accountability and finance. This rating is significant as it showcases the foundation's commitment to transparency and effective financial management. The organization has an independent board composition with 81% of its members being independent, which further enhances its governance structure.
Strengths noted in the evaluation include excellent financial oversight, with no material diversion of assets reported and a favorable liabilities to assets ratio of 0.56%. The program expense ratio stands at an impressive 80.83%, indicating that a large portion of funds is directed towards its programs rather than administrative costs. Additionally, the foundation demonstrates a high level of fundraising efficiency, managing to raise funds with minimal expense.
While the Mercy Health Foundation Ardmore has received a stellar rating, it is important for potential donors to consider the broader impact of its programs and how effectively they address community health needs. Overall, the foundation's strong financial practices and governance suggest a well-managed nonprofit that is dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Mercy Health Foundation Ardmore legitimate?
Mercy Health Foundation Ardmore is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Health Foundation Ardmore 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: $144,706
For more financial information, click here
Official website here: www.mercy.net
What is the mission statement of Mercy Health Foundation Ardmore?
Mercy Health Foundation, drawing inspiration from the Sisters of Mercy, carries forward the healing ministry of Jesus through compassionate care and exceptional service. The organization's primary mission is to enhance the quality of care and services provided by Mercy Hospital through philanthropy. This is achieved by raising revenue from various sources, including donations. The foundation aims to manage and utilize donations, bequests, and other gifts to primarily benefit Mercy institutions, with a goal of using income and principal for their betterment.
Official website here: www.mercy.net
Who is the CEO of Mercy Health Foundation Ardmore?
Lesley Dvorack is the Principal Officer of Mercy Health Foundation Ardmore.
Official website here: www.mercy.net
What is the revenue of Mercy Health Foundation Ardmore?
Mercy Health Foundation Ardmore's revenue in 2022 was $1,610,480.
Official website here: www.mercy.net
Who are the executives of Mercy Health Foundation Ardmore and what are their salaries?
There 12 volunteers at Mercy Health Foundation Ardmore.
Here are 20 key members and their salaries:
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- Related: $118,782
- Other: $2,805
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- Related: $678,856
- Other: $73,388
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- Related: $131,335
- Other: $8,809
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- Related: $209,778
- Other: $20,951
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- Related: $515,964
- Other: $27,283
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- Related: $136,710
- Other: $0
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- Related: $800,010
- Other: $0
- Compensation: $0
- Related: $269,178
- Other: $4,238
Official website here: www.mercy.net
Where can I find the form 990 for Mercy Health Foundation Ardmore?
Mercy Health Foundation Ardmore's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mercy.net
Learn more at the official website: www.mercy.net
Mission Statement of Mercy Health Foundation Ardmore
Mercy Health Foundation, as inspired by the Sisters of Mercy, embodies the healing ministry of Jesus by offering compassionate care and exceptional service. The organization's mission is to enhance the quality of care and services provided by Mercy Hospital through philanthropy. This is achieved by securing funds from various sources, such as donations, and utilizing them to support Mercy Ardmore institutions. The foundation's primary objective is to administer gifts, bequests, trusts, and other forms of property, using the income and principal to benefit Mercy Ardmore's institutions. In this way, Mercy Health Foundation aims to uphold the healing legacy of the Sisters of Mercy by providing exceptional care and service through its philanthropic efforts.
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Impact
July, 2024
Mercy Health Foundation Ardmore's impact is centered around enhancing the quality of care and services provided by Mercy Hospital Ardmore in Oklahoma. The foundation is dedicated to raising revenue through philanthropy, including donations, to support the hospital in fulfilling its mission of bringing to life the healing ministry of Jesus through compassionate care and exceptional service. By seeking, acquiring, and administering various sources of financial support, the foundation plays a crucial role in ensuring that Mercy Hospital Ardmore can continue to provide vital healthcare services to the community.
This information is meant to be a general summary of Mercy Health Foundation Ardmore. 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: $4,697
- Gross Receipts: $1,610,480
Assets and Liabilities:
- Total Assets: $5,110,981
- Total Liabilities: $5,773
- Net Assets: $5,105,208
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Organization Details
Founding Year
2003
Phone
(405) 486-8773Principal Officer
Lesley Dvorack
Main Address
1011 14TH AVENUE NW, ARDMORE, OK, 73401
Website
www.mercy.netNTEE Category
Code: T30 - Philanthropy
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