Overview
What is Texas Essential Healthcare Partnerships Foundation?
The Texas Essential Healthcare Partnerships Foundation is a nonprofit organization based in Austin, Texas. Its primary mission is to provide grants to hospitals within the state to support the provision of medical care for economically disadvantaged patients. Eligible grantees typically include hospitals that participate in a Local Provider Participation Fund or are part of a healthcare system with such a hospital, as well as rural hospitals that face budgetary challenges due to serving medically indigent communities in rural areas. The foundation aims to enhance the availability of Medicaid and additional federal healthcare funds for patients in Texas, adhering to both federal and state guidelines.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Texas Essential Healthcare Partnerships Foundation has received a Two-Star out of Four Star rating with an overall score of 64% from Charity Navigator, indicating a need for improvement in several accountability and financial practices. While the organization boasts a fully independent board and an impressive program expense ratio of 100%, it lacks transparency in financial reporting, as there are no financial statements available and several critical policies are missing from its public disclosures.
Despite having independent governance and no material diversion of assets, limitations such as the absence of a whistleblower policy and failure to post required financial documents on its website highlight significant areas for growth. Additionally, the organization does not report CEO compensation, which raises questions about financial oversight and accountability.
On a positive note, the foundation shows strong performance in maintaining low liabilities, indicating sound financial management in that area. However, the lack of comprehensive fiscal documentation and reporting limits the organization's effectiveness and trustworthiness in the eyes of potential donors and stakeholders. Improving transparency and addressing these deficiencies could enhance its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Texas Essential Healthcare Partnerships Foundation legitimate?
Texas Essential Healthcare Partnerships Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Essential Healthcare Partnerships 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.
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What is the mission statement of Texas Essential Healthcare Partnerships Foundation?
The Texas Essential Healthcare Partnerships Foundation focuses on enhancing the availability of Medicaid funding for medical care of economically disadvantaged individuals in multiple counties across Texas. The foundation's grant program aims to facilitate the inflow of Medicaid and additional federal healthcare resources to patients in accordance with both federal and state regulations. Their charitable objective is to expand access to essential healthcare services for those in need. Through this initiative, they strive to bridge the gap in healthcare funding, ultimately improving the health and wellbeing of the target population.
Who is the CEO of Texas Essential Healthcare Partnerships Foundation?
Don Lee is the Director of Texas Essential Healthcare Partnerships Foundation.
What is the revenue of Texas Essential Healthcare Partnerships Foundation?
Texas Essential Healthcare Partnerships Foundation's revenue in 2022 was $237,072,039.
Who are the executives of Texas Essential Healthcare Partnerships Foundation and what are their salaries?
There 14 volunteers at Texas Essential Healthcare Partnerships Foundation.
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Where can I find the form 990 for Texas Essential Healthcare Partnerships Foundation?
Texas Essential Healthcare Partnerships Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Texas Essential Healthcare Partnerships Foundation
Texas Essential Healthcare Partnerships Foundation, a charitable organization, is dedicated to enhancing the availability of Medicaid funding for medical care of economically disadvantaged individuals residing in various counties across Texas. The Foundation's grant program aims to facilitate a significant increase in Medicaid and federal healthcare funds reaching patients in the state, adhering to both federal and state guidelines. By doing so, the Foundation contributes to the improvement of healthcare access for the medically indigent population in Texas.
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Impact
October, 2024
Texas Essential Healthcare Partnerships Foundation significantly impacts the healthcare landscape by increasing Medicaid funding to support medical care for the medically indigent population across various counties in Texas. By providing grants specifically to hospitals, the foundation addresses the financial challenges these facilities face when caring for underserved patients.
The foundation focuses on hospitals involved in Local Provider Participation Funds (LPPF) or those in rural areas that encounter budgetary shortfalls due to their commitment to serving medically indigent populations. This targeted support ensures that essential medical services remain accessible to vulnerable communities who might otherwise lack adequate healthcare.
Through the strategic infusion of Medicaid and other supplemental federal healthcare funds, the foundation not only alleviates economic pressures on healthcare providers but also enhances patient care outcomes. By fostering a more sustainable healthcare environment, Texas Essential Healthcare Partnerships Foundation plays a crucial role in improving health equity and access in the state.
This information is meant to be a general summary of Texas Essential Healthcare Partnerships 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.
- Gross Receipts: $237,072,039
Assets and Liabilities:
- Total Assets: $13,702,485
- Total Liabilities: $0
- Net Assets: $13,702,485
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Organization Details
Founding Year
2019
Phone
(512) 322-9413Principal Officer
Don Lee
Main Address
401 W 15th St 840, Austin, TX, 78701
NTEE Category
Code: E11 - Health
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