Overview
What is Arkansas Methodist Medical Center Foundation?
Arkansas Methodist Medical Center Foundation is a nonprofit organization situated in Paragould, Arkansas. Its primary mission is to provide financial support in the form of gifts, grants, and services to Arkansas Methodist Medical Center and various other charitable organizations, helping them advance their charitable and scientific purposes. By funding these organizations, Arkansas Methodist Medical Center Foundation contributes to the provision of state-of-the-art healthcare within its community. In essence, this foundation plays a crucial role in enhancing healthcare services and supporting charitable causes within its vicinity.
Official website here: www.arkansasmethodist.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
The Arkansas Methodist Medical Center Foundation has earned an 88% rating from Charity Navigator, reflecting strong accountability and finance practices. The rating is based entirely on a single beacon score, showcasing the foundation's commitment to responsible financial management. Key indicators of its strength include an independent board comprising 85% of its members and a perfect score regarding asset diversion, which indicates adherence to ethical governance.
The foundation's financial health is highlighted by a low liabilities-to-assets ratio of 4.88%, suggesting prudent financial management. Program expenses constitute 62.62% of total expenditures, indicating a significant allocation of resources towards its mission. The organization has established important policies, including conflict of interest and whistleblower policies, which contribute to its overall accountability.
While the foundation demonstrates strong financial practices and governance, the program expense ratio, while decent, leaves room for improvement. The Foundation's focus on maintaining an independent board and transparent policies is commendable, presenting it as a trustworthy entity in the nonprofit sector. Potential supporters may wish to consider these metrics in evaluating their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Arkansas Methodist Medical Center Foundation legitimate?
Arkansas Methodist Medical Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arkansas Methodist Medical Center Foundation 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: $101,461
For more financial information, click here
Official website here: www.arkansasmethodist.org
What is the mission statement of Arkansas Methodist Medical Center Foundation?
The Arkansas Methodist Medical Center Foundation's mission is centered around providing financial aid in the form of gifts, grants, and services to various charitable organizations, including the Arkansas Methodist Medical Center. This support is instrumental in furthering the organizations' charitable and scientific purposes. The foundation's contributions primarily help advance state-of-the-art healthcare within the community. By providing funds, the Arkansas Methodist Medical Center Foundation aims to contribute to the broader goals of the charities it supports, promoting overall wellbeing and progress in various scientific and educational fields.
Official website here: www.arkansasmethodist.org
Who is the CEO of Arkansas Methodist Medical Center Foundation?
Barry L Davis is the Past Chairman of Arkansas Methodist Medical Center Foundation. The CEO's salary of Arkansas Methodist Medical Center Foundation is $0 and their total compensation is $254,634.
Official website here: www.arkansasmethodist.org
What is the revenue of Arkansas Methodist Medical Center Foundation?
Arkansas Methodist Medical Center Foundation's revenue in 2022 was $145,231.
Official website here: www.arkansasmethodist.org
Who are the executives of Arkansas Methodist Medical Center Foundation and what are their salaries?
There 15 volunteers at Arkansas Methodist Medical Center Foundation.
Here are 15 key members and their salaries (Arkansas Methodist Medical Center Foundation's CEO's salary is $0 and their total compensation is $254,634):
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $241,101
- Other: $13,533
- Compensation: $0
- Related: $51,815
- Other: $15,711
- Compensation: $0
- Related: $110,210
- Other: $4,119
Official website here: www.arkansasmethodist.org
Where can I find the form 990 for Arkansas Methodist Medical Center Foundation?
Arkansas Methodist Medical Center Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.arkansasmethodist.org
Learn more at the official website: www.arkansasmethodist.org
Mission Statement of Arkansas Methodist Medical Center Foundation
Arkansas Methodist Medical Center Foundation's primary mission is to provide financial support in the form of gifts, grants, and services to various charitable organizations, including Arkansas Methodist Medical Center. This nonprofit organization aims to advance the charitable and scientific purposes of these organizations, ultimately contributing to the provision of state-of-the-art healthcare in their respective communities. By offering funds, Arkansas Methodist Medical Center Foundation plays a crucial role in enhancing the capabilities of these organizations, enabling them to carry out their missions effectively.
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Impact
October, 2024
The Arkansas Methodist Medical Center Foundation plays a pivotal role in enhancing healthcare services and community well-being in Paragould, Arkansas. By providing funds through gifts, grants, and services, the Foundation supports the Arkansas Methodist Medical Center and various other charitable organizations, fostering their capacity to fulfill scientific, educational, and healthcare needs.
The financial assistance provided by the Foundation directly contributes to the advancement of state-of-the-art healthcare services in the community. This includes funding for new medical technologies, educational programs, and community health initiatives that improve access to quality care. By empowering local healthcare providers and supporting charitable efforts, the Arkansas Methodist Medical Center Foundation significantly impacts the overall health and quality of life for residents in the area.
This information is meant to be a general summary of Arkansas Methodist Medical Center Foundation. 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: $61,629
- Gross Receipts: $174,724
Assets and Liabilities:
- Total Assets: $3,801,394
- Total Liabilities: $254,817
- Net Assets: $3,546,577
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Organization Details
Founding Year
2003
Phone
(870) 239-7000Principal Officer
Barry L Davis
Main Address
900 WEST KINGSHIGHWAY, PARAGOULD, AR, 72450
Website
www.arkansasmethodist.orgNTEE Category
Code: T20 - Philanthropy
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