Overview
What is Grayson County Healthcare Foundation Inc?
Grayson County Healthcare Foundation Inc, based in Leitchfield, Kentucky, is a nonprofit organization with a singular focus on ensuring the continued compliance of local hospital operations with the terms of an asset purchase agreement with Owensboro Health. Their primary mission involves strategic management and investment of funds acquired from this agreement, as well as evaluating the healthcare needs of the Leitchfield and Grayson County community. In response to these identified needs, they provide financial support to enhance the well-being of local residents. With a small team of dedicated individuals, the foundation plays a crucial role in safeguarding and improving healthcare services for the community they serve.
Is Grayson County Healthcare Foundation Inc legitimate?
Grayson County Healthcare Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Grayson County Healthcare 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:
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Other Salaries and Wages: $38,077
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What is the mission statement of Grayson County Healthcare Foundation Inc?
The Grayson County Healthcare Foundation Inc's primary role is to oversee the operations of a hospital to ensure adherence to the agreed terms following an asset purchase from Owensboro Health. A significant part of their mission involves strategic management and investment of the funds derived from this purchase. Additionally, they evaluate the healthcare needs within Leitchfield and Grayson County and provide financial aid to benefit the local residents. Their activities essentially aim to support and enhance the healthcare sector for the benefit of the community.
Who is the CEO of Grayson County Healthcare Foundation Inc?
Trevor Ray is the Board Member of Grayson County Healthcare Foundation Inc.
What is the revenue of Grayson County Healthcare Foundation Inc?
Grayson County Healthcare Foundation Inc's revenue in 2023 was $3,803,501.
Who are the executives of Grayson County Healthcare Foundation Inc and what are their salaries?
The average compensation at Grayson County Healthcare Foundation Inc during 2023 was $38,077. There is 1 employee at Grayson County Healthcare Foundation Inc.
Here are 11 key members and their salaries:
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Where can I find the form 990 for Grayson County Healthcare Foundation Inc?
Grayson County Healthcare Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Grayson County Healthcare Foundation Inc
Grayson County Healthcare Foundation Inc is committed to overseeing the operations of a hospital to ensure compliance with the terms of an asset purchase agreement with Owensboro Health. This foundation's strategic management and investment of the funds from this acquisition play a crucial role in its mission. Additionally, the Grayson County Healthcare Foundation Inc assesses the healthcare needs of the local community and provides financial support to benefit the residents of Leitchfield and Grayson County. By doing so, this organization aims to contribute positively to the health and well-being of its community.
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Impact
October, 2024
Grayson County Healthcare Foundation Inc plays a crucial role in ensuring the ongoing viability and effectiveness of healthcare services in Leitchfield and Grayson County. By monitoring hospital operations, the Foundation ensures compliance with the asset purchase agreement with Owensboro Health, safeguarding the quality and reliability of healthcare in the area.
Additionally, the Foundation strategically manages and invests funds derived from the asset purchase, allowing them to allocate financial resources where they are needed most. This proactive approach enables the organization to evaluate local healthcare needs effectively. Through its financial support, the Foundation is making a tangible impact on the health and well-being of residents, fostering improved access to essential services and contributing to the overall health of the community.
This information is meant to be a general summary of Grayson County Healthcare 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 2023.
- Investment Income: $1,018,209
- Gross Receipts: $3,803,501
Assets and Liabilities:
- Total Assets: $42,068,070
- Total Liabilities: $13,876
- Net Assets: $42,054,194
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Organization Details
Founding Year
2020
Principal Officer
Trevor Ray
Main Address
100 WABUCK DR SUITE B, LEITCHFIELD, KY, 42754
NTEE Category
Code: E60 - Health
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