Overview
What is Confluent Health Employee Foundation Inc?
Confluent Health Employee Foundation Inc, often referred to as CHEF, is a nonprofit organization situated in Louisville, Kentucky. Its primary mission is to provide financial aid to employees of Confluent Health during critical life situations. The foundation, symbolized by 'The Honey Jar,' ensures the well-being of Confluent Health employees facing adversities such as death, fires, natural disasters, illnesses, injuries, emergency travel, and other financial hardships. The foundation's operations rely on the continuous support of fellow employees, fostering a culture of compassionate care within the organization.
Official website here: www.chefhoneyjar.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 70% (Two-Star out of Four Star rating)
The Confluent Health Employee Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance. The rating is primarily influenced by the charity's Accountability & Finance metrics, where it shows strengths in certain areas such as a high program expense ratio of 95.87%, indicating that a significant portion of its expenses goes directly to programs rather than administrative costs.
However, the organization's governance structure raises concerns, particularly with the absence of independent board members, which scored 0 out of 10 points. Additionally, while the foundation has implemented a conflict of interest policy and maintains documentation for board meeting minutes, it notably lacks a whistleblower policy, which could indicate governance weaknesses that may impact transparency and accountability.
Despite these limitations, the foundation has shown sound financial management, with a liabilities to assets ratio of 0.00%, suggesting it is free of debt. Overall, while the foundation demonstrates commendable commitment to program expenditures, its governance practices warrant scrutiny and improvement to enhance its overall effectiveness and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Confluent Health Employee Foundation Inc legitimate?
Confluent Health Employee Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Confluent Health Employee 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.chefhoneyjar.com
What is the mission statement of Confluent Health Employee Foundation Inc?
The Confluent Health Employee Foundation Inc, often referred to as CHEF and The Honey Jar, serves the purpose of providing financial assistance to employees of Confluent Health during times of catastrophic life events. This support is made possible through the collective contributions of fellow employees. Essentially, CHEF and The Honey Jar are platforms that encourage employees to help one another in times of need. The foundation's core mission is to foster a sense of community and mutual support within Confluent Health.
Official website here: www.chefhoneyjar.com
Who is the CEO of Confluent Health Employee Foundation Inc?
Laurence Benz is the President/Director of Confluent Health Employee Foundation Inc.
Official website here: www.chefhoneyjar.com
What is the revenue of Confluent Health Employee Foundation Inc?
Confluent Health Employee Foundation Inc's revenue in 2022 was $34,454.
Official website here: www.chefhoneyjar.com
Who are the executives of Confluent Health Employee Foundation Inc and what are their salaries?
There 3 volunteers at Confluent Health Employee Foundation Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $450,176
- Other: $24,620
- Compensation: $0
- Related: $324,330
- Other: $14,378
- Compensation: $0
- Related: $252,259
- Other: $7,761
Official website here: www.chefhoneyjar.com
Where can I find the form 990 for Confluent Health Employee Foundation Inc?
Confluent Health Employee Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chefhoneyjar.com
Learn more at the official website: www.chefhoneyjar.com
Mission Statement of Confluent Health Employee Foundation Inc
The Confluent Health Employee Foundation, commonly referred to as CHEF and The Honey Jar, is a supportive initiative designed to aid Confluent Health employees in overcoming financial challenges that stem from catastrophic life events. This assistance is made possible through the collective support of fellow employees within the organization. At its core, The Honey Jar is a platform for Confluent Health employees to extend a helping hand to their colleagues when they need it most.
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Impact
August, 2024
Confluent Health Employee Foundation Inc, through its program 'The Honey Jar,' provides essential financial support to Confluent Health employees facing catastrophic life events. This organized initiative ensures that employees receive the assistance they need during crises such as death, illness, personal injury, and natural disasters. By fostering a culture of compassionate care and mutual support among colleagues, CHEF has a direct and significant impact on the well-being and resilience of Confluent Health employees in times of need.
This information is meant to be a general summary of Confluent Health Employee 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.
- Gross Receipts: $34,454
Assets and Liabilities:
- Total Assets: $243,028
- Total Liabilities: $0
- Net Assets: $243,028
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Organization Details
Founding Year
2017
Phone
(502) 442-7697Principal Officer
Laurence Benz
Main Address
1650 LYNDON FARM CT 300, LOUISVILLE, KY, 40223
Website
www.chefhoneyjar.comNTEE Category
Code: M20 - Public safety
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