Overview
What is Kootenai Health Foundation Inc?
Kootenai Health Foundation Inc, based in Coeur d'Alene, Idaho, serves as a crucial philanthropic entity supporting Kootenai Health. In 2022, the foundation contributed an impressive $3.4 million to the hospital. This funding was utilized in various ways, including investing in the Heart Center expansion, equipping departments with advanced tools such as a microscope and CARTO 3 Mapping System, and boosting staff resources in geriatrics, recovery, and forensic nursing. Moreover, the foundation provided lactation pods for staff, supported employee and community programs, and remodeled critical care break rooms. Their primary mission is to enhance the healthcare sector in their region by managing and stewarding philanthropy to foster Kootenai Health's success.
Official website here: www.kootenaihealthfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Kootenai Health Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored a perfect 100% for its independent board composition and maintained strong oversight with a robust audit framework. The foundation demonstrates transparency through well-documented policies, including conflict of interest and whistleblower protections, contributing to its strong overall score.
Financially, Kootenai Health Foundation Inc shows commendable efficiency, with a program expense ratio of 84.91%, ensuring that a significant portion of its funds are directed toward its mission. Additionally, the organization has an excellent fundraising efficiency ratio, minimizing costs related to fundraising activities. The low liabilities to assets ratio further highlights its solid financial stability.
No significant limitations were noted in the available data, as the foundation appears to operate with high integrity and a commitment to responsible financial management. Overall, Kootenai Health Foundation Inc is well-regarded for its transparency, accountability, and effective use of resources, making it a trustworthy choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Kootenai Health Foundation Inc legitimate?
Kootenai Health Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kootenai Health Foundation Inc 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: $250,272
Professional Fundraising Fees: $0
Other Salaries and Wages: $127,075
For more financial information, click here
Official website here: www.kootenaihealthfoundation.org
What is the mission statement of Kootenai Health Foundation Inc?
The mission of Kootenai Health Foundation Inc is to enhance the health of its community by managing and stewarding philanthropy, with a focus on supporting the success of Kootenai Health. In 2022, the Foundation provided significant financial assistance to Kootenai Health, contributing towards the Heart Center expansion, purchasing essential equipment, supporting staff positions, and funding employee, patient, and community benefit programs. The Foundation also invested in employee development, providing lactation pods for staff, motivation speakers, and labor pool incentives, among other initiatives.
Official website here: www.kootenaihealthfoundation.org
Who is the CEO of Kootenai Health Foundation Inc?
Katie Brodie is the Chair of Kootenai Health Foundation Inc.
Official website here: www.kootenaihealthfoundation.org
What is the revenue of Kootenai Health Foundation Inc?
Kootenai Health Foundation Inc's revenue in 2022 was $4,639,108.
Official website here: www.kootenaihealthfoundation.org
Who are the executives of Kootenai Health Foundation Inc and what are their salaries?
There 181 volunteers at Kootenai Health Foundation Inc.
Here are 18 key members and their salaries:
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Official website here: www.kootenaihealthfoundation.org
Where can I find the form 990 for Kootenai Health Foundation Inc?
Kootenai Health Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kootenaihealthfoundation.org
Learn more at the official website: www.kootenaihealthfoundation.org
Mission Statement of Kootenai Health Foundation Inc
Kootenai Health Foundation Inc, a philanthropic organization, is committed to advancing the health of their region. Their mission is to develop, manage, and steward philanthropy with the primary goal of supporting the success of Kootenai Health. Through their efforts, they provide vital resources to directly benefit patients and staff. In 2022 alone, they allocated over $3.4 million, funding various initiatives. This included a significant contribution of $1.5 million towards the Heart Center expansion, equipping departments with state-of-the-art tools such as the Kenevo microscope and CARTO 3 Mapping System, and providing essential resources for departments like the Sandpoint Cancer Center.
Furthermore, Kootenai Health Foundation Inc showed their support by funding additional positions for geriatrics, recovery, and forensic nursing staff, as well as providing Health Care Heroes lactation pods for staff, and resources for employee, patient, and community benefit programs. Their commitment extends beyond financial support, as they also remodeled the Critical Care Unit break rooms and installed blinds at Walden House. In addition, they provided funds for employee trainings, demonstrating their dedication to the continuous development of their staff. By managing and stewarding philanthropy, Kootenai Health Foundation Inc is making a significant impact on the health of their region, ensuring Kootenai Health can continue to provide high-quality care.
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Impact
July, 2024
Kootenai Health Foundation Inc's impact in 2022 was substantial, with over $3.4 million given to directly benefit Kootenai Health's patients and staff. This included significant contributions towards the Heart Center expansion, acquiring essential equipment for various departments, and funding positions to support geriatrics, addiction recovery, and forensic nursing. Additionally, the Foundation allocated funds for employee, patient, and community benefit programs, as well as for facility improvements such as remodeling break rooms and installing blinds. Overall, Kootenai Health Foundation Inc played a crucial role in enhancing healthcare services and support in the region.
This information is meant to be a general summary of Kootenai Health Foundation Inc. 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: $295,223
- Gross Receipts: $7,872,543
Assets and Liabilities:
- Total Assets: $15,049,750
- Total Liabilities: $344,547
- Net Assets: $14,705,203
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Organization Details
Founding Year
1983
Phone
(208) 625-4438Principal Officer
Katie Brodie
Main Address
2003 Kootenai Health Way, Coeur dAlene, ID, 83814
NTEE Category
Code: E110 - Health
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