Overview
What is Mymichigan Health Foundation?
The Mymichigan Health Foundation is a charitable organization located at 4000 Wellness Drive, Midland, MI, 48670. Established with a mission to enhance the overall healthcare objectives of Mymichigan Health, the Foundation raises funds and garners public support. They achieve this by investing in Mymichigan Health's services, programs, projects, and initiatives that align with their charitable, educational, and scientific objectives. Specifically, the Foundation supports medical equipment needs and compassionate care for patients served by Mymichigan Health.
Official website here: www.mymichigan.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star rating
Mymichigan Health Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The foundation's overall score is driven entirely by its accountability and finance metrics, where it has excelled with a score of 97%. This rating indicates that Mymichigan Health Foundation effectively manages its resources and maintains transparency in operations.
The foundation boasts a strong governance structure with 80% of its board members being independent, which enhances its decision-making processes. Additionally, it has in place robust financial oversight mechanisms, including a committee dedicated to audit and oversight. This commitment to high standards in governance and financial management contributes to the foundation's overall strength and reliability as a nonprofit organization.
Feedback highlights that Mymichigan Health Foundation demonstrates excellent financial ratios, including a program expense ratio of 100% and no liabilities, which suggests that all funds are directed toward its mission. However, while the ratings and financial indicators are exceptional, potential donors might consider looking for qualitative data on the impact of its programs, as this would provide a more holistic view of the foundation's effectiveness beyond financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Mymichigan Health Foundation legitimate?
Mymichigan Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mymichigan Health 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.mymichigan.org
What is the mission statement of Mymichigan Health Foundation?
The Mymichigan Health Foundation is organized with a charitable, educational, and scientific mission. It raises funds and garners public support to enhance the broader healthcare objectives of Mymichigan Health. The foundation supports various services, programs, projects, and initiatives that further the charitable, educational, and scientific purposes of Mymichigan Health and its subsidiaries. The corporation operates exclusively for these purposes, either directly or indirectly, and supports the activities of any organization that falls under Mymichigan Health's control.
Official website here: www.mymichigan.org
Who is the CEO of Mymichigan Health Foundation?
Lydia Watson is the Principal Officer of Mymichigan Health Foundation.
Official website here: www.mymichigan.org
What is the revenue of Mymichigan Health Foundation?
Mymichigan Health Foundation's revenue in 2022 was $22,599,091.
Official website here: www.mymichigan.org
Who are the executives of Mymichigan Health Foundation and what are their salaries?
Here are 14 key members and their salaries:
- Compensation: $0
- Related: $1,509,228
- Other: $306,077
- Compensation: $0
- Related: $1,103,048
- Other: $546,181
- Compensation: $0
- Related: $678,863
- Other: $129,969
- Compensation: $0
- Related: $676,976
- Other: $0
- Compensation: $0
- Related: $145,816
- Other: $42,948
- Compensation: $0
- Related: $100,549
- 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.mymichigan.org
Where can I find the form 990 for Mymichigan Health Foundation?
Mymichigan Health Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mymichigan.org
Learn more at the official website: www.mymichigan.org
Mission Statement of Mymichigan Health Foundation
Mymichigan Health Foundation, a charitable organization, is dedicated to enhancing the broader healthcare objectives of Mymichigan Health through fundraising and public support. By funding various services, programs, projects, and initiatives of Mymichigan Health and its subsidiaries, the foundation plays a pivotal role in furthering the charitable, educational, and scientific purposes of the health organization.
In essence, Mymichigan Health Foundation operates with the primary goal of making a positive impact on healthcare. It achieves this by financially supporting initiatives that align with Mymichigan Health's mission, helping to extend the reach and effectiveness of the organization's efforts. The corporation is organized to carry out these charitable, educational, and scientific objectives through conducting or sponsoring activities exclusively for the benefit of Mymichigan Health and its controlled affiliates.
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Impact
October, 2024
Mymichigan Health Foundation significantly enhances healthcare services by raising funds and garnering public support for Mymichigan Health. Its impact is felt through the funding of vital medical equipment and programs that address both the immediate and compassionate needs of patients. By supporting various initiatives within Mymichigan Health and its subsidiaries, the foundation ensures that quality healthcare services are accessible to the community in Midland, MI, ultimately fostering better health outcomes and promoting educational and scientific advancements in the region.
This information is meant to be a general summary of Mymichigan Health 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: $1,311,702
- Gross Receipts: $22,599,091
Assets and Liabilities:
- Total Assets: $53,196,426
- Total Liabilities: $0
- Net Assets: $53,196,426
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Organization Details
Founding Year
2016
Phone
(989) 837-9039Principal Officer
Lydia Watson
Main Address
4000 WELLNESS DRIVE, MIDLAND, MI, 48670
Website
www.mymichigan.orgNTEE Category
Code: E11 - Health
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