Overview
What is Rocky Mountain Adventist Healthcare Foundation?
The Rocky Mountain Adventist Healthcare Foundation is a charitable organization located in Denver, Colorado. Their primary mission revolves around raising funds, managing assets, and investing endowments to support various Adventist hospitals in the area, including Avista, Littleton, Parker, Porter, and Castle Rock hospitals. By doing so, they ensure that donors' wishes are fulfilled. The foundation ignites passionate giving by connecting generous hearts to transform lives.
Official website here: www.rmahf.org
What are the reviews and ratings of this charity?
97% rating from Charity Navigator
The Rocky Mountain Adventist Healthcare Foundation has achieved a Four-Star out of Four Star rating, showcasing its strong commitment to accountability and financial health. The organization scored exceptionally well in various categories, including having a majority of independent board members and maintaining a robust audit and oversight committee. Its transparency is also evident through comprehensive policies regarding conflicts of interest and whistleblower protections.
Financially, the foundation operates efficiently, with a program expense ratio of over 70%, indicating that a significant portion of its funding goes directly to programs rather than administrative costs. Additionally, the organization demonstrates strong fundraising efficiency, with only $0.10 spent to raise each dollar, which reflects prudent financial management.
Overall, the foundation's low liabilities to assets ratio and substantial working capital underscore its financial stability. While the data is overwhelmingly positive, continuous monitoring and evaluation will be essential to maintain these high standards and ensure ongoing effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Rocky Mountain Adventist Healthcare Foundation legitimate?
Rocky Mountain Adventist Healthcare Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rocky Mountain Adventist Healthcare 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: $65,860
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.rmahf.org
What is the mission statement of Rocky Mountain Adventist Healthcare Foundation?
The Rocky Mountain Adventist Healthcare Foundation dedicates its efforts to raising funds, managing assets, and investing endowments to support various Adventist hospitals in alignment with donors' wishes. By igniting passionate giving, the foundation connects generous hearts to transform lives. It extends its support to numerous community organizations through the Avista Adventist Hospital Foundation, Castle Rock Adventist Hospital Foundation, Global Health Initiatives, Littleton Adventist Hospital Foundation, Operation Walk Denver, Parker Adventist Hospital Foundation, Porter Adventist Hospice Foundation, and Porter Adventist Hospital Foundation.
Official website here: www.rmahf.org
Who is the CEO of Rocky Mountain Adventist Healthcare Foundation?
Spenst Brett is the CEO of Rocky Mountain Adventist Healthcare Foundation The CEO's salary of Rocky Mountain Adventist Healthcare Foundation is $0 and their total compensation is $992,607.
Official website here: www.rmahf.org
What is the revenue of Rocky Mountain Adventist Healthcare Foundation?
Rocky Mountain Adventist Healthcare Foundation's revenue in 2023 was $7,726,464.
Official website here: www.rmahf.org
Who are the executives of Rocky Mountain Adventist Healthcare Foundation and what are their salaries?
There 30 volunteers at Rocky Mountain Adventist Healthcare Foundation.
Here are 15 key members and their salaries (Rocky Mountain Adventist Healthcare Foundation's CEO's salary is $0 and their total compensation is $992,607):
- Compensation: $0
- Related: $183,468
- Other: $41,679
- Compensation: $0
- Related: $328,816
- Other: $76,018
- Compensation: $0
- Related: $195,665
- Other: $50,253
- Compensation: $0
- Related: $227,096
- Other: $22,140
- Compensation: $0
- Related: $140,194
- Other: $42,697
- Compensation: $0
- Related: $107,928
- Other: $7,271
- Compensation: $0
- Related: $956,760
- Other: $35,847
- Compensation: $138,565
- Related: $56,694
- Other: $29,314
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $306,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $516,751
- Other: $93,476
Official website here: www.rmahf.org
Where can I find the form 990 for Rocky Mountain Adventist Healthcare Foundation?
Rocky Mountain Adventist Healthcare Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rmahf.org
Learn more at the official website: www.rmahf.org
Mission Statement of Rocky Mountain Adventist Healthcare Foundation
Rocky Mountain Adventist Healthcare Foundation is a philanthropic organization that ignites passionate giving by connecting generous hearts to transform lives. In alignment with donors' wishes, the foundation raises funds, manages assets, and invests endowments to support Avista Adventist Hospital, Littleton Adventist Hospital, Parker Adventist Hospital, Porter Adventist Hospital, and Castle Rock Adventist Hospital.
By embracing the spirit of giving, Rocky Mountain Adventist Healthcare Foundation contributes to various community initiatives beyond the hospitals it supports. These efforts extend to Global Health Initiatives, Operation Walk Denver, and the foundations associated with each hospital. Through these partnerships, the foundation positively impacts the health and wellbeing of countless individuals.
The mission of Rocky Mountain Adventist Healthcare Foundation is twofold: it fosters a culture of giving and ensures the financial sustainability of the hospitals it serves. By engaging donors and inspiring them to make a difference, the foundation empowers these institutions to provide exceptional healthcare services. In turn, this enhances the quality of life for people in the communities they serve.
In essence, Rocky Mountain Adventist Healthcare Foundation bridges the gap between those who want to make a difference and the organizations that can bring about transformative change. It is an essential link in the healthcare ecosystem, fostering hope, healing, and a brighter future for all.
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Impact
October, 2024
Rocky Mountain Adventist Healthcare Foundation significantly impacts the community by raising funds and managing assets to support hospitals such as Avista, Littleton, Parker, Porter, and Castle Rock Adventist Hospitals. Their financial stewardship allows these healthcare institutions to thrive in providing essential services, ensuring that patient care aligns with donors' wishes. By channeling resources to various community organizations and health initiatives, they contribute to the overall well-being of the communities they serve.
Their efforts extend to supporting specific foundations such as Avista Adventist Hospital Foundation, Littleton Adventist Hospital Foundation, and Operation Walk Denver, among others. Through these initiatives, the foundation not only enhances hospital capabilities but also promotes global health initiatives, addressing health disparities and improving access to care. Their mission ignites passionate giving, fostering a culture of philanthropy that transforms lives and elevates health outcomes in the Denver area and beyond.
This information is meant to be a general summary of Rocky Mountain Adventist Healthcare 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 2023.
- Investment Income: $660,939
- Program Service Revenue: $6,906,564
- Gross Receipts: $7,816,444
Assets and Liabilities:
- Total Assets: $32,039,379
- Total Liabilities: $5,050,965
- Net Assets: $26,988,414
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Satisfaction of Progra
Revenue
$6,906,564
Organization Details
Founding Year
1977
Principal Officer
Pottle Deanna Gayle
Website
www.rmahf.orgNTEE Category
Code: E11 - Health
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