Overview
What is Steele Memorial Benefit Association?
Steele Memorial Benefit Association is a nonprofit organization located at 203 South Daisy Street, Salmon, ID 83467. Its primary purpose is to support Steele Memorial Medical Center and the surrounding community by funding capital equipment and addressing operational needs. During the 2022 fiscal year, they contributed $100,000 towards bond repayment for the Medical Center's construction and $30,380 towards medical equipment. The association operates as a means to uplift the medical center and its community, demonstrating their commitment to the region's well-being.
Official website here: www.steelemh.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Steele Memorial Benefit Association has earned a Three-Star rating from Charity Navigator, indicating a solid level of trustworthiness and effectiveness. With a perfect score of 100% in Accountability & Finance, the organization showcases a strong commitment to transparency and responsible financial management, which is critical for donor confidence.
Key strengths include a fully independent board of directors with a total of five members, and no material diversion of assets, which reinforces the integrity of the organization. Additionally, the program expense ratio stands impressively at 96.63%, suggesting that a significant majority of financial resources are directed toward its programs rather than administrative costs.
Despite the high marks in financial management and accountability, the overall score of 76% suggests there may be areas for improvement in other aspects of their operations. However, the positive feedback on financial practices positions the Steele Memorial Benefit Association as a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Steele Memorial Benefit Association?
84% of the 35 reviewers on Facebook recommend Steele Memorial Benefit Association. Here is a summary of their reviews:
Many users express their satisfaction with the facility and the staff, highlighting the caring nature and professionalism exhibited by the team. Reviewers often mention having a great overall experience, suggesting that the nonprofit effectively meets its mission and provides valuable support to those it serves.
Overall, those who have engaged with Steele Memorial Benefit Association seem to appreciate the positive environment and quality of services offered, recommending it to others seeking similar assistance.
This AI summary has been generated from reviews found on Facebook.
Is Steele Memorial Benefit Association legitimate?
Steele Memorial Benefit Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Steele Memorial Benefit Association 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.steelemh.org
What is the mission statement of Steele Memorial Benefit Association?
The Steele Memorial Benefit Association's mission is centered around supporting Steele Memorial Medical Center and the community it serves. The organization carries out this mission by conducting fundraising activities. The primary objectives of these activities include providing financial aid for the purchase of capital equipment and supplementing the operational needs of the medical center and the community. In the fiscal year ending September 30, 2022, the association contributed $100,000 towards bond repayment related to the construction of the Medical Center and an additional $30,380 towards medical equipment for the facility.
Official website here: www.steelemh.org
Who is the CEO of Steele Memorial Benefit Association?
Mike England is the Chair of Steele Memorial Benefit Association.
Official website here: www.steelemh.org
What is the revenue of Steele Memorial Benefit Association?
Steele Memorial Benefit Association's revenue in 2022 was $120,068.
Official website here: www.steelemh.org
Who are the executives of Steele Memorial Benefit Association and what are their salaries?
There 7 volunteers at Steele Memorial Benefit Association.
Here are 9 key members and their salaries:
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- Other: $0
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- Related: $49,516
- Other: $0
- Compensation: $0
- Related: $12,692
- Other: $0
Official website here: www.steelemh.org
Where can I find the form 990 for Steele Memorial Benefit Association?
Steele Memorial Benefit Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.steelemh.org
Learn more at the official website: www.steelemh.org
Mission Statement of Steele Memorial Benefit Association
The Steele Memorial Benefit Association, in its mission, supports and aids Steele Memorial Medical Center and the broader community it serves. This nonprofit organization undertakes fundraising initiatives to meet the capital equipment needs and supplement the operational expenses of the medical center. In the fiscal year ending on September 30, 2022, the Association made significant contributions, contributing $100,000 towards bond repayments for the Medical Center's construction and $30,380 towards purchasing medical equipment for the facility. By doing so, the Steele Memorial Benefit Association plays a vital role in ensuring the Medical Center's continued growth and ability to meet the health needs of the community it serves.
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Impact
October, 2024
Steele Memorial Benefit Association significantly enhances the quality of healthcare in Salmon, Idaho, by supporting Steele Memorial Medical Center and the surrounding community. Through its dedicated fundraising efforts, the organization provides critical financial resources that facilitate the purchase of essential medical equipment and help meet operational needs of the medical center.
In the fiscal year ending September 30, 2022, the association made substantial contributions, including $100,000 towards bond repayment for the construction of the medical facility, ensuring its continued operation and maintenance. Additionally, a contribution of $30,380 was allocated for medical equipment, directly benefiting patient care and accessibility to advanced medical technologies.
By bolstering the financial stability and operational capabilities of Steele Memorial Medical Center, Steele Memorial Benefit Association plays a vital role in ensuring that the community has access to high-quality healthcare services, ultimately improving health outcomes and community well-being in the region.
This information is meant to be a general summary of Steele Memorial Benefit Association. 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: $212
- Gross Receipts: $120,068
Assets and Liabilities:
- Total Assets: $170,391
- Total Liabilities: $0
- Net Assets: $170,391
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Organization Details
Founding Year
1977
Phone
(208) 756-5604Principal Officer
Mike England
Main Address
203 South Daisy Street, Salmon, ID, 83467
Website
www.steelemh.orgNTEE Category
Code: E80 - Health
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