Overview
What is Olympic Medical Center Foundation?
Olympic Medical Center Foundation is a nonprofit organization, headquartered in Port Angeles, Washington, with a focus on providing financial and management support to Olympic Medical Center, a public hospital district facility. With a small team of two dedicated individuals, the foundation aims to strengthen and enhance the operations of the medical center. Their mission is deeply rooted in supporting the wellbeing of the community, ensuring that Olympic Medical Center continues to deliver essential healthcare services to its residents.
Official website here: www.omhf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating)
The Olympic Medical Center Foundation has received a Two-Star rating from Charity Navigator, reflecting a score of 69%. This rating indicates that while the foundation demonstrates some strengths in its governance, there are significant areas for improvement, particularly in financial transparency and accountability.
Notable strengths include a 100% independent board and a high program expense ratio of 79.37%, showing that a substantial portion of funds is directed towards its mission-related programs. However, the foundation falls short in several areas, including the absence of critical policies such as a conflict of interest policy, whistleblower policy, and document retention guidelines. Additionally, the lack of publicly available financial statements has impacted its overall score.
Overall, while Olympic Medical Center Foundation is effective in channeling funds towards its programs, its lack of transparency and missing governance policies present limitations that potential donors should consider. Addressing these gaps could enhance its accountability and improve its standing in the nonprofit community.
This AI summary has been generated from information found on Charity Navigator.
Is Olympic Medical Center Foundation legitimate?
Olympic Medical Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olympic Medical Center 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: $119,680
Professional Fundraising Fees: $0
Other Salaries and Wages: $84,821
For more financial information, click here
Official website here: www.omhf.org
What is the mission statement of Olympic Medical Center Foundation?
The Olympic Medical Center Foundation's mission is centered around providing financial and managerial support to Olympic Medical Center. This assistance is instrumental in maintaining the operations of the medical center, which is a public hospital district facility. The foundation's primary objective is to bolster the support and functionality of Olympic Medical Center, ensuring it continues to serve its community effectively. This is achieved through various means, including the provision of essential funding and management resources. The foundation also plays a role in filling specific hospital positions, contributing to the overall efficiency and service delivery of the medical center.
Official website here: www.omhf.org
Who is the CEO of Olympic Medical Center Foundation?
Bruce Skinner is the Executive Director of Olympic Medical Center Foundation.
Official website here: www.omhf.org
What is the revenue of Olympic Medical Center Foundation?
Olympic Medical Center Foundation's revenue in 2021 was $1,319,127.
Official website here: www.omhf.org
Who are the executives of Olympic Medical Center Foundation and what are their salaries?
The average compensation at Olympic Medical Center Foundation during 2021 was $102,250. There are 2 employees and 500 volunteers at Olympic Medical Center Foundation.
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Official website here: www.omhf.org
Where can I find the form 990 for Olympic Medical Center Foundation?
Olympic Medical Center Foundation's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.omhf.org
Learn more at the official website: www.omhf.org
Mission Statement of Olympic Medical Center Foundation
The Olympic Medical Center Foundation, a nonprofit entity, is dedicated to providing financial and managerial support to Olympic Medical Center. This support is instrumental in ensuring the optimal functioning of Olympic Medical Center, a public hospital district facility. The Foundation's mission is to bolster the operations of Olympic Medical Center, contributing to its overall well-being and ability to serve its patient population effectively. This is achieved through the provision of necessary funds and strategic management assistance, specifically for designated hospital positions. The Foundation's role is crucial in upholding the standard of care and services provided by Olympic Medical Center.
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Impact
July, 2024
Olympic Medical Center Foundation provides vital financial and management support to Olympic Medical Center, ensuring the smooth operation of the hospital. By funding specific hospital positions and overseeing various services, the foundation plays a crucial role in enhancing the healthcare services provided to the community. Through its support, the foundation contributes significantly to the overall health and well-being of individuals in Port Angeles and the surrounding areas.
This information is meant to be a general summary of Olympic Medical Center 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 2021.
- Investment Income: $3,447
- Gross Receipts: $1,666,098
Assets and Liabilities:
- Total Assets: $332,544
- Total Liabilities: $56,163
- Net Assets: $276,381
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Organization Details
Founding Year
1985
Phone
(360) 417-7144Principal Officer
Bruce Skinner
Main Address
1015 GEORGIANA, PORT ANGELES, WA, 98362
Website
www.omhf.orgNTEE Category
Code: E30 - Health
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