Overview
What is Vail Health Services Foundation?
The Vail Health Services Foundation is a nonprofit organization based in Vail, Colorado, with a PO Box address. Their primary mission involves raising funds through various campaigns to support the programs and healthcare initiatives of Vail Health Hospital, a 501(c)(3) organization, and Colorado Mountain Medical, a disregarded entity of Vail Health Hospital. The hospital serves the Vail Valley and surrounding areas, contributing significantly to the community's well-being. During the 2022 fiscal year, the foundation granted $9 million for hospital capital equipment and $1.9 million for healthcare programs. The foundation's efforts aim to promote excellence in healthcare and related activities at Vail Clinic Inc., dba Vail Health Hospital and its related entities.
Official website here: www.vailhealth.org
What are the reviews and ratings of this charity?
97% Rating from Charity Navigator
Vail Health Services Foundation has achieved an exceptional Four-Star out of Four Star rating, reflecting a strong commitment to accountability and financial health. The rating indicates that the organization effectively manages resources, with no material diversion of assets and a solid fundraising efficiency. The financial statements are well-structured, and the presence of independent board members enhances governance quality.
The foundation exhibits robust financial ratios, with an impressive program expense ratio of 81.63%, signifying that a significant portion of funds is directed towards its mission-related activities. Additionally, the organization boasts a favorable working capital ratio of 4.61 years, indicating ample financial stability and sustainability for future operations.
However, while the financial metrics are commendable, the summary primarily focuses on accountability and finance without detailed insights into the organization’s programmatic impact or community engagement. Overall, Vail Health Services Foundation demonstrates excellent fiscal responsibility, which is crucial for donor confidence and support.
This AI summary has been generated from information found on Charity Navigator.
Is Vail Health Services Foundation legitimate?
Vail Health Services Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vail Health Services 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: $0
For more financial information, click here
Official website here: www.vailhealth.org
What is the mission statement of Vail Health Services Foundation?
The Vail Health Services Foundation focuses on fundraising activities to enhance and maintain the quality of healthcare services at Vail Clinic Inc., doing business as Vail Health Hospital and related entities. Through its successful campaigns, the foundation has provided substantial financial support to these organizations. In the previous fiscal year, the foundation donated $9 million towards the acquisition of hospital capital equipment and $1.9 million towards healthcare programs. By raising funds, the foundation plays a crucial role in ensuring the continuity of excellent healthcare services.
Official website here: www.vailhealth.org
Who is the CEO of Vail Health Services Foundation?
Will Cook is the Director, Ceo Vh of Vail Health Services Foundation. The CEO's salary of Vail Health Services Foundation is $0 and their total compensation is $1,623,816.
Official website here: www.vailhealth.org
What is the revenue of Vail Health Services Foundation?
Vail Health Services Foundation's revenue in 2022 was $19,743,917.
Official website here: www.vailhealth.org
Who are the executives of Vail Health Services Foundation and what are their salaries?
There 21 volunteers at Vail Health Services Foundation.
Here are 15 key members and their salaries (Vail Health Services Foundation's CEO's salary is $0 and their total compensation is $1,623,816):
- Compensation: $0
- Related: $1,538,554
- Other: $85,262
- Compensation: $0
- Related: $529,298
- Other: $39,969
- Compensation: $0
- Related: $43,974
- Other: $875
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.vailhealth.org
Where can I find the form 990 for Vail Health Services Foundation?
Vail Health Services Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vailhealth.org
Learn more at the official website: www.vailhealth.org
Mission Statement of Vail Health Services Foundation
Vail Health Services Foundation, a charitable organization, is dedicated to the promotion of fundraising activities that build and sustain excellence in healthcare and related programs at Vail Clinic, Inc., doing business as Vail Health Hospital and its affiliated entities. Through various campaigns, the Foundation raises funds for its non-profit hospital, Vail Health Hospital, and Colorado Mountain Medical, a disregarded entity of Vail Health Hospital.
The Foundation's efforts contribute significantly to the hospital's initiatives, providing essential capital equipment worth $9 million during the fiscal year ended October 31, 2022. Furthermore, the Foundation also allocates $1.9 million to support healthcare programs at the hospital. The hospital, in turn, brings community benefit to the wider areas surrounding it. By supporting the hospital's endeavors, Vail Health Services Foundation plays a crucial role in enhancing the quality of healthcare services, ensuring that the institution remains at the forefront of medical advancements.
The Foundation's unwavering commitment to fundraising and its impact on the hospital's healthcare programs allows the institution to continue providing exceptional care to its patients. With the support of the Foundation, Vail Health Hospital can invest in the latest medical technologies and innovative practices, ultimately improving the health and wellbeing of those it serves. This collaboration between the Foundation and the hospital underscores their shared mission to provide top-tier healthcare services to the community.
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Impact
October, 2024
Vail Health Services Foundation plays a pivotal role in enhancing healthcare services in the Vail Valley and its surrounding areas. Through targeted fundraising initiatives, the foundation has successfully raised substantial funds to support various programs at Vail Health Hospital and Colorado Mountain Medical.
In the operating year ending October 31, 2022, the foundation contributed $9 million toward critical hospital capital equipment, ensuring that the medical facilities are equipped with the latest technology and resources for optimal patient care. Additionally, it allocated $1.9 million to support diverse healthcare programs, reinforcing the hospital's commitment to community health and wellness.
These efforts significantly impact local residents by fostering high-quality healthcare services, promoting community health initiatives, and ensuring that medical facilities remain at the forefront of excellence in healthcare delivery. By sustaining and enhancing healthcare capabilities in the region, Vail Health Services Foundation helps to ensure that the community has access to comprehensive healthcare solutions.
This information is meant to be a general summary of Vail Health Services 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: $1,853,593
- Gross Receipts: $63,081,970
Assets and Liabilities:
- Total Assets: $56,205,691
- Total Liabilities: $8,908,740
- Net Assets: $47,296,951
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Organization Details
Founding Year
1988
Phone
(970) 476-2451Principal Officer
Will Cook
Main Address
PO BOX 40000, VAIL, CO, 81658
Website
www.vailhealth.orgNTEE Category
Code: E12 - Health
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