Providence Mount St Vincent Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 911188119 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

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Overview

What is Providence Mount St Vincent Foundation?

The Providence Mount St Vincent Foundation is a nonprofit organization dedicated to advocating for vulnerable populations and needed reforms in healthcare. Based in Seattle, Washington, they operate with a workforce of over 117,000 caregivers, serving communities across seven western states. Their mission is to provide high-quality, compassionate care to everyone, regardless of their ability to pay. They are committed to transforming healthcare by keeping people healthy and making services more convenient, accessible, and affordable. Through community benefit programs and high-impact investments, they strive to ensure basic health needs are met and remove barriers to care. In addition, they prioritize diversity, equity, and inclusion, as well as environmental stewardship, in their social responsibility framework. The foundation supports the charitable needs of residents in long-term care, skilled nursing, assisted living, and transitional care, filling gaps in Medicare reimbursement and funding various resident engagement programs.


Official website here: www.foundation.providence.org/wa/mountstvincent

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.

Providence Mount St Vincent Foundation has achieved a commendable Four-Star rating from Charity Navigator, primarily based on its accountability and finance metrics. The organization demonstrates strong governance with 88% of its board members being independent. Its financial health is reflected in its impressive ratios, including a low liabilities-to-assets ratio and a high percentage of program expenses, indicating that a significant portion of its budget is directed towards its mission.

The foundation also excels in transparency, as evidenced by its comprehensive conflict of interest and whistleblower policies, along with the availability of meeting minutes and tax forms. Additionally, its fundraising efficiency is notable, costing only $0.13 to raise each dollar, which highlights effective resource management.

While the foundation shows robust fiscal responsibility and governance practices, potential donors can feel confident in their contributions knowing that the organization prioritizes accountability and effective program delivery. Overall, the foundation stands out as a well-managed nonprofit committed to its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Providence Mount St Vincent Foundation legitimate?

Providence Mount St Vincent Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Providence Mount St Vincent 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: $0
Other Salaries and Wages: $227,113

For more financial information, click here


Official website here: www.foundation.providence.org/wa/mountstvincent

What is the mission statement of Providence Mount St Vincent Foundation?

The Providence Mount St Vincent Foundation, driven by divine healing love, is dedicated to serving all, with a particular focus on the vulnerable populations. They advocate for necessary reforms in healthcare and pursue innovative methods to transform healthcare services, making them more convenient, accessible, and affordable for all. Regardless of insurance coverage or the ability to pay, they provide high-quality, compassionate care for everyone. Through their community benefit programs and high-impact investments, they work towards ensuring basic health needs are met and removing barriers to care. The foundation supports initiatives that improve health and well-being, increasing equitable access to quality care at the community level. They are committed to building a more equitable and sustainable future.


Official website here: www.foundation.providence.org/wa/mountstvincent

Who is the CEO of Providence Mount St Vincent Foundation?

Molly Swain is the Director (Part Year) of Providence Mount St Vincent Foundation.


Official website here: www.foundation.providence.org/wa/mountstvincent

What is the revenue of Providence Mount St Vincent Foundation?

Providence Mount St Vincent Foundation's revenue in 2022 was $2,056,450.


Official website here: www.foundation.providence.org/wa/mountstvincent

Who are the executives of Providence Mount St Vincent Foundation and what are their salaries?

There 70 volunteers at Providence Mount St Vincent Foundation.


Here are 23 key members and their salaries:


Karina Jennings (Director (Part Year))
  • Compensation: $0
  • Related: $424,937
  • Other: $79,663
Charlene Boyd (Director)
  • Compensation: $0
  • Related: $286,127
  • Other: $22,497
Molly Swain (Executive Director)
  • Compensation: $0
  • Related: $169,801
  • Other: $32,173
Abraham Otoupal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Romano Sarewitz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Witter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlene Hudson Sp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Farrell (Director (Part Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Burns (Director - Thru 12/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deanne Adams Yellam (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginny Kane (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Haberbush (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenni Bodnar (Director - Thru 1/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Thompson (Director - Thru 3/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Zarling (Director - Thru 11/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Purcell (Director (Part Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Bovenkamp (Secretary - Thru 5/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Szabo (Director (Part Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Hull (Director (Part Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Schultz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Buske (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Webb (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.foundation.providence.org/wa/mountstvincent

Where can I find the form 990 for Providence Mount St Vincent Foundation?

Providence Mount St Vincent Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.foundation.providence.org/wa/mountstvincent

Learn more at the official website: www.foundation.providence.org/wa/mountstvincent

Mission Statement of Providence Mount St Vincent Foundation

Providence Mount St Vincent Foundation, inspired by divine healing love and the teachings of Jesus, is dedicated to serving all individuals, particularly the vulnerable and impoverished. The organization's mission is to advocate for necessary reforms in healthcare and explore innovative ways to enhance the quality, accessibility, and affordability of healthcare services for everyone, regardless of their ability to pay or insurance coverage. Providence Mount St Vincent Foundation is committed to delivering high-quality, compassionate care and is actively serving in seven western states through its extensive network of hospitals, clinics, and social service facilities. With over 117,000 caregivers, the foundation is dedicated to improving the health and well-being of its communities, addressing social disparities, and promoting equitable access to quality healthcare. By focusing on community benefit programs and high-impact investments, the foundation aims to meet basic health needs, remove barriers to care, and build community resilience, ultimately creating a more sustainable future.

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Impact




July, 2024

Providence Mount St Vincent Foundation ensures basic health needs are met and removes barriers to care, building community resilience and innovating for the future. Through various programs and initiatives, they improve health and well-being, increase access to quality care, and support vulnerable populations. Their impactful work includes supporting residents who have outlived their life savings in long-term care, assisted living, and transitional care, filling gaps in Medicaid reimbursement with generous donations. They also provide extensive resident engagement programming to enhance the quality of life for all residents. Overall, Providence Mount St Vincent Foundation's commitment to serving the poor and vulnerable aligns with their mission of being steadfast in serving all, especially those in need, and reflects expressions of God's healing love.




This information is meant to be a general summary of Providence Mount St Vincent 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.

Revenue
$2,056,450 (2022)
Expenses
$1,443,660 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $93,798
  • Gross Receipts: $2,131,573

Assets and Liabilities:

  • Total Assets: $4,218,218
  • Total Liabilities: $440,142
  • Net Assets: $3,778,076

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Organization Details

Founding Year

1982

Principal Officer

Molly Swain

Main Address

4831 35TH AVE SW, SEATTLE, WA, 981262799

NTEE Category

Code: P11 - Human services

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