Overview
What is Longs Peak Hospital Foundation?
The Longs Peak Hospital Foundation is a nonprofit organization situated in Longmont, Colorado, at 1750 E KEN PRATT BOULEVARD. Their primary mission is to support the health interests of hospitals through various activities, which may include funding for hospital capital equipment, educational videos, and patient financial assistance. The foundation strives to advance philanthropic innovation, aiming to enhance lives with extraordinary health. With a modest workforce of four individuals, the Longs Peak Hospital Foundation contributes to the betterment of health services in the community.
Official website here: www.longspeakhospitalfoundation.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%
Longs Peak Hospital Foundation has achieved a Three-Star out of Four Star rating from Charity Navigator, reflecting an 80% overall score primarily based on Accountability & Finance. This indicates a solid level of transparency and responsible governance, demonstrated by factors such as a fully independent board and the absence of any material diversion of assets.
The foundation excels in several areas, including its strong governance policies, with comprehensive conflict of interest and whistleblower policies in place. Additionally, the organization has a low liabilities to assets ratio of 6.89%, signifying good financial health. However, the program expense ratio stands at 56.57%, which suggests that a significant portion of the budget may be allocated to administrative costs rather than directly to programs and services.
While the foundation shows strength in accountability and governance, potential donors may want to consider the implications of its program expense ratio. Overall, Longs Peak Hospital Foundation demonstrates a commitment to ethical practices and financial responsibility, but there may be room for improvement in directing funds towards programmatic efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Longs Peak Hospital Foundation legitimate?
Longs Peak Hospital Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Longs Peak Hospital 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: $15,167
Professional Fundraising Fees: $0
Other Salaries and Wages: $160,436
For more financial information, click here
Official website here: www.longspeakhospitalfoundation.org/
What is the mission statement of Longs Peak Hospital Foundation?
The Longs Peak Hospital Foundation's mission is to promote and support activities that serve the health interests of hospitals, aiming to advance philanthropic innovation for the betterment of lives. Their mission, as outlined, is to enhance health and live extraordinary lives through philanthropy. The foundation provides funding for hospital capital equipment, educational videos, and patient financial assistance through a restricted fund.
Official website here: www.longspeakhospitalfoundation.org/
Who is the CEO of Longs Peak Hospital Foundation?
David Thompson is the Director of Longs Peak Hospital Foundation.
Official website here: www.longspeakhospitalfoundation.org/
What is the revenue of Longs Peak Hospital Foundation?
Longs Peak Hospital Foundation's revenue in 2022 was $542,593.
Official website here: www.longspeakhospitalfoundation.org/
Who are the executives of Longs Peak Hospital Foundation and what are their salaries?
The average compensation at Longs Peak Hospital Foundation during 2022 was $43,901. There are 4 employees and 16 volunteers at Longs Peak Hospital Foundation.
Here are 12 key members and their salaries:
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- Related: $480,670
- Other: $66,658
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- Other: $26,806
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- Related: $85,934
- Other: $35,254
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- Other: $0
Official website here: www.longspeakhospitalfoundation.org/
Where can I find the form 990 for Longs Peak Hospital Foundation?
Longs Peak Hospital Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.longspeakhospitalfoundation.org/
Learn more at the official website: www.longspeakhospitalfoundation.org/
Mission Statement of Longs Peak Hospital Foundation
The Longs Peak Hospital Foundation, an esteemed organization, is dedicated to promoting and supporting activities that are in the best interest of hospitals, with a primary focus on advancing philanthropic innovation for healthier, extraordinary lives. Its mission, as per the schedule, aims to enhance the well-being of individuals by providing funding for hospital capital equipment, educational videos, and patient financial assistance. This support is instrumental in ensuring that hospitals can deliver optimal healthcare services, while the educational videos contribute to the dissemination of health-related information. Furthermore, the foundation's financial assistance program alleviates the financial burden on patients, ensuring that they can access necessary medical care without undue financial strain.
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Impact
July, 2024
The Longs Peak Hospital Foundation's impact is significant in supporting and promoting activities that best serve the health interests of hospitals, particularly in Longmont, CO. Through restricted funding, the foundation provides support for hospital capital equipment, educational videos, and patient financial assistance. Their mission is to advance philanthropic innovation for healthy, extraordinary lives. The foundation's work plays a crucial role in enhancing the healthcare services and outcomes within the community, ultimately improving the well-being of individuals and families.
This information is meant to be a general summary of Longs Peak Hospital 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: $4,676
- Gross Receipts: $568,634
Assets and Liabilities:
- Total Assets: $536,878
- Total Liabilities: $90,496
- Net Assets: $446,382
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Organization Details
Founding Year
2016
Phone
(720) 848-8778Principal Officer
David Thompson
Main Address
1750 E KEN PRATT BOULEVARD, LONGMONT, CO, 80504
NTEE Category
Code: E11 - Health
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