Overview
What is Wilkes Medical Center Foundation?
Wilkes Medical Center Foundation is a charitable organization that plays a crucial role in enhancing healthcare services in its local community. Based in North Wilkesboro, North Carolina, the foundation provides philanthropic support to Wilkes Medical Center, an operating corporation under Atrium Health Wake Forest Baptist Wilkes Medical Center, as well as other local non-profit organizations. Its mission is to aid in the delivery of high-quality healthcare within the organization's region by supporting and carrying out the functions and purposes of Wilkes Medical Center. The foundation's activities include funding essential services and purchasing life-saving equipment for the hospital, thereby contributing to the overall improvement of healthcare in the surrounding community.
Official website here: www.wakehealth.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
The Wilkes Medical Center Foundation has achieved an impressive overall score of 96%, reflecting a strong commitment to accountability and finance. This high rating is based solely on their Accountability & Finance score, indicating that the foundation adheres to best practices in financial management and transparency. The foundation's independent board members make up 90% of its total, ensuring robust governance.
In terms of specific strengths, the foundation has received top scores in several key areas, including a perfect score for its audit and oversight committee and a low liabilities to assets ratio of just 4%. Additionally, it has established comprehensive policies such as conflict of interest and whistleblower protections, which further enhance its accountability.
While the data highlights significant strengths, potential donors and stakeholders may want to further investigate how the foundation allocates its funds towards programs, given that the program expense ratio stands at 88.61%. This high ratio indicates that a substantial portion of their budget is directed towards programs rather than administrative costs, which is generally a positive sign.
This AI summary has been generated from information found on Charity Navigator.
Is Wilkes Medical Center Foundation legitimate?
Wilkes Medical Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wilkes 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.wakehealth.edu
What is the mission statement of Wilkes Medical Center Foundation?
The Wilkes Medical Center Foundation's mission is to aid in enhancing the delivery of high-quality healthcare within its operating region. By providing philanthropic support, the foundation assists in funding essential services and purchasing life-saving equipment for the hospital, as well as supporting other local non-profit organizations, thereby improving the quality of healthcare in its community. The foundation's primary goal is to support the functions and purposes of the hospital operating corporation, aiming to advance the provision of quality healthcare services.
Official website here: www.wakehealth.edu
Who is the CEO of Wilkes Medical Center Foundation?
Lee Herring is the Principal Officer of Wilkes Medical Center Foundation.
Official website here: www.wakehealth.edu
What is the revenue of Wilkes Medical Center Foundation?
Wilkes Medical Center Foundation's revenue in 2022 was $1,606,685.
Official website here: www.wakehealth.edu
Who are the executives of Wilkes Medical Center Foundation and what are their salaries?
There 10 volunteers at Wilkes Medical Center Foundation.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $243,007
- Other: $34,454
- Compensation: $0
- Related: $49,588
- Other: $28,545
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $70,087
- Other: $19,816
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.wakehealth.edu
Where can I find the form 990 for Wilkes Medical Center Foundation?
Wilkes Medical Center Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wakehealth.edu
Learn more at the official website: www.wakehealth.edu
Mission Statement of Wilkes Medical Center Foundation
Wilkes Medical Center Foundation, a philanthropic organization, is dedicated to supporting and advancing the functions and purposes of Atrium Health Wake Forest Baptist Wilkes Medical Center. Their mission is to enhance the delivery of quality healthcare within the organization's region. By providing vital financial support, the foundation aids in funding essential services and purchasing life-saving equipment for Atrium Health Wake Forest Baptist Wilkes Medical Center. Beyond supporting this particular medical center, the foundation also extends its philanthropic efforts to other local non-profit organizations, aims to improve the overall quality of healthcare in its surrounding community.
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Impact
July, 2024
Wilkes Medical Center Foundation plays a crucial role in enhancing the delivery of quality healthcare within its region. By providing vital philanthropic support, the foundation helps fund services and purchase life-saving equipment for WRMC Hospital Operating Corporation (DBA Atrium Health Wake Forest Baptist Wilkes Medical Center). Additionally, they extend their support to other local nonprofit organizations to improve the overall quality of healthcare in the surrounding community. Through their mission, the foundation positively impacts the health outcomes of individuals and contributes to the betterment of the healthcare system in North Wilkesboro, NC.
This information is meant to be a general summary of Wilkes 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: $407,218
- Gross Receipts: $1,606,685
Assets and Liabilities:
- Total Assets: $11,035,400
- Total Liabilities: $441,904
- Net Assets: $10,593,496
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Organization Details
Founding Year
2017
Phone
(336) 838-1111Principal Officer
Lee Herring
Main Address
1370 WEST D STREET, NORTH WILKESBORO, NC, 286593506
Website
www.wakehealth.eduNTEE Category
Code: E12 - Health
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