Overview
What is St Mark's Medical Center Foundation?
St. Mark's Medical Center Foundation is a nonprofit organization situated in La Grange, Texas. Its primary mission is to financially aid St. Mark's Medical Center and other local hospitals in the vicinity. The Foundation's goal is to enhance healthcare accessibility for the residents of Fayette and Lee Counties, Texas. Unfortunately, due to the ongoing COVID-19 pandemic, the Foundation has had to halt most of its fundraising events. Despite these challenges, the Foundation remains dedicated to supporting St. Mark's Medical Center and promoting healthcare opportunities in the local community.
Official website here: www.smmctx.org/about-us/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
St Mark's Medical Center Foundation has received a Four-Star rating from Charity Navigator, reflecting its exceptional performance in accountability and finance. The organization scored a total of 97%, which is indicative of its robust financial health and effective governance practices. The rating is based on a single beacon score, with particular emphasis on accountability and finance metrics from the most recent fiscal year FY2022.
The foundation boasts a fully independent board, comprising 11 members, which contributes to its strong governance. It has not reported any material diversion of assets and adequately maintains its financial documentation and policies, including a conflict of interest policy and whistleblower policy. The organization also demonstrates a commitment to transparency, with a high program expense ratio of 95.56%, indicating that the majority of its funds are directed towards its programs rather than administrative costs.
Overall, the St Mark's Medical Center Foundation stands out for its strong financial practices and transparency, which are crucial for maintaining donor trust and ensuring the effective use of resources. No significant limitations or concerns were identified in the data, reinforcing the foundation's reputation as a reliable nonprofit entity.
This AI summary has been generated from information found on Charity Navigator.
Is St Mark's Medical Center Foundation legitimate?
St Mark's Medical Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Mark's 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
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For more financial information, click here
Official website here: www.smmctx.org/about-us/foundation
What is the mission statement of St Mark's Medical Center Foundation?
The St. Mark's Medical Center Foundation's mission is centered around providing financial support for various healthcare facilities, primarily focusing on St. Mark's Medical Center and other hospitals in nearby areas. The foundation's ultimate goal is to enhance healthcare opportunities for the communities in Fayette and Lee Counties. During regular circumstances, the foundation actively participates in fundraising events to accumulate resources for their cause. Due to the pandemic, however, most of these events had to be put on hold.
Official website here: www.smmctx.org/about-us/foundation
Who is the CEO of St Mark's Medical Center Foundation?
Michael Corker is the President of St Mark's Medical Center Foundation.
Official website here: www.smmctx.org/about-us/foundation
What is the revenue of St Mark's Medical Center Foundation?
St Mark's Medical Center Foundation's revenue in 2022 was $24,872.
Official website here: www.smmctx.org/about-us/foundation
Who are the executives of St Mark's Medical Center Foundation and what are their salaries?
There 13 volunteers at St Mark's Medical Center Foundation.
Here are 13 key members and their salaries:
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Official website here: www.smmctx.org/about-us/foundation
Where can I find the form 990 for St Mark's Medical Center Foundation?
St Mark's Medical Center Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.smmctx.org/about-us/foundation
Learn more at the official website: www.smmctx.org/about-us/foundation
Mission Statement of St Mark's Medical Center Foundation
St. Mark's Medical Center Foundation, abbreviated as SMMCF, is a nonprofit organization dedicated to supporting St. Mark's Medical Center and other healthcare facilities in the vicinity of La Grange, Texas. The primary goal of this foundation is to foster healthcare opportunities for the residents of Fayette and Lee Counties in Texas. By providing financial aid, SMMCF aims to enhance the medical services available to the local community, thereby promoting better health and well-being. Due to the ongoing Covid-19 pandemic, the foundation has been unable to conduct most of its fundraising events, which are typically a significant source of financial support. Despite these challenges, the foundation continues to strive towards its mission, working tirelessly to promote healthcare accessibility and improve the overall health of the community.
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Impact
October, 2024
St. Mark's Medical Center Foundation significantly impacts the healthcare landscape in La Grange, Texas, by providing essential financial support to St. Mark's Medical Center and surrounding hospitals. Its commitment to enhancing healthcare opportunities for the residents of Fayette and Lee Counties ensures that vital medical services remain accessible and of high quality. Through its efforts, the Foundation plays a crucial role in fostering community health and well-being, especially during challenging times such as the COVID pandemic, when traditional fundraising avenues were limited. By addressing the financial needs of local healthcare facilities, the Foundation helps maintain and improve the quality of care for countless individuals in the region.
This information is meant to be a general summary of St Mark's 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: $2,162
- Gross Receipts: $24,872
Assets and Liabilities:
- Total Assets: $708,338
- Total Liabilities: $0
- Net Assets: $708,338
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Organization Details
Founding Year
1996
Phone
(979) 242-2200Principal Officer
Michael Corker
Main Address
One St Marks Place, La Grange, TX, 78945
NTEE Category
Code: T30 - Philanthropy
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