Overview
What is Zion Health?
Zion Health is a nonprofit organization based in St. George, Utah, with a team of 98 employees. They operate a medical cost-sharing program, where members contribute to a collective fund to help cover each other's medical expenses. This structured approach allows members to support one another in managing their healthcare costs. Zion Health provides the administrative framework for this program.
Official website here: www.zionhealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Zion Health has received a 76% score, reflecting its performance in accountability and finance. This score is indicative of a solid foundation in financial management, particularly with a high program expense ratio of 95.80%, which suggests that a significant portion of its resources is directed towards its mission-related activities. However, the overall rating is solely based on accountability and finance, highlighting that while it has strengths in spending efficiency, there are areas requiring improvement.
The organization has an independent board size that meets standards, but it lacks independent board members, which can raise concerns about governance and oversight. Furthermore, the charity has not implemented key policies such as a conflict of interest policy or a whistleblower policy, both of which are critical for maintaining transparency and integrity.
Overall, while Zion Health demonstrates effective use of funds towards programs, its governance practices could benefit from enhancements to strengthen its accountability measures. Addressing these limitations may improve its standing and trust among donors and stakeholders in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Zion Health legitimate?
Zion Health is a legitimate nonprofit organization registered as a 501(c)(3) entity. Zion Health 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: $594,036
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,721,895
For more financial information, click here
Official website here: www.zionhealth.org
What is the mission statement of Zion Health?
Zion Health is a non-profit medical cost sharing program, offering a structured platform for members to come together and support one another in managing their healthcare expenses. Through this program, members contribute funds to cover the medical costs of their fellow members. The mission of Zion Health is to establish and maintain the administrative infrastructure necessary for the effective operation of a healthcare cost sharing membership. This collective effort empowers members to shoulder the financial burden of medical care collectively, ensuring greater access to essential healthcare services for all involved.
Official website here: www.zionhealth.org
Who is the CEO of Zion Health?
Nathan Udy is the Medical Dire of Zion Health.
Official website here: www.zionhealth.org
What is the revenue of Zion Health?
Zion Health's revenue in 2022 was $54,506,633.
Official website here: www.zionhealth.org
Who are the executives of Zion Health and what are their salaries?
The average compensation at Zion Health during 2022 was $33,836. There are 98 employees at Zion Health.
Here are 7 key members and their salaries:
- Compensation: $236,295
- Related: $0
- Other: $12,540
- Compensation: $179,333
- Related: $0
- Other: $11,340
- Compensation: $122,273
- Related: $0
- Other: $11,340
- Compensation: $96,303
- Related: $0
- Other: $4,800
- Compensation: $31,666
- Related: $0
- Other: $0
- Compensation: $9,232
- Related: $0
- Other: $0
- Compensation: $6,799
- Related: $0
- Other: $0
Official website here: www.zionhealth.org
Where can I find the form 990 for Zion Health?
Zion Health's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.zionhealth.org
Learn more at the official website: www.zionhealth.org
Mission Statement of Zion Health
Zion Health, a nonprofit medical healthshare program, aims to create a cooperative system that allows members to pool their resources and contribute towards one another's medical expenses. By establishing an organized structure for medical cost sharing, Zion Health provides much-needed support for individuals and families facing significant healthcare expenses.
Zion Health operates as a facilitator, providing the framework and administrative assistance necessary to run a successful healthcare cost sharing membership program. This nonprofit organization enables its members to share the financial burden of medical costs, offering a sense of solidarity and relief during challenging health situations.
In essence, Zion Health serves as a bridge, connecting members to one another through their shared commitment to managing healthcare costs. By fostering a collaborative environment, the organization empowers its members to collaborate and support one another throughout their healthcare journeys.
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Impact
October, 2024
Zion Health has a significant impact in the healthcare landscape by facilitating a structured medical cost-sharing program through its Zion Healthshare initiative. This program allows members to collaboratively contribute funds to cover each other's medical expenses, fostering a supportive community focused on affordable healthcare.
Located in St. George, Utah, Zion Health provides essential administrative support to its members, ensuring an organized and efficient framework for health care cost sharing. By promoting a culture of solidarity, the initiative not only helps individuals manage their healthcare costs but also encourages preventative care and community engagement. The mission of Zion Health aligns with the growing demand for alternative healthcare solutions that prioritize affordability and member involvement, demonstrating its relevance in today's healthcare environment.
This information is meant to be a general summary of Zion Health. 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: $383,176
- Program Service Revenue: $54,123,457
- Gross Receipts: $54,506,633
Assets and Liabilities:
- Total Assets: $13,472,035
- Total Liabilities: $83,665
- Net Assets: $13,388,370
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$54,123,457
Organization Details
Founding Year
2018
Phone
(888) 920-9466Principal Officer
Nathan Udy
Main Address
1506 S SILICON WAY 2B, ST GEORGE, UT, 84770
Website
www.zionhealth.orgNTEE Category
Code: E80 - Health
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