Overview
What is Hoag Hospital Foundation?
Hoag Hospital Foundation is a nonprofit organization located at 330 Placentia Ave, Newport Beach, CA, 92663. Their primary mission is to support Hoag Memorial Hospital Presbyterian through philanthropic partnerships. They raise funds to aid in the hospital's expansion, equipment acquisition, programming, nursing scholarships, and various operating expenses. By doing so, they significantly contribute to the hospital's overall mission.
Official website here: www.hoaghospitalfoundation.org
What are the reviews and ratings of this charity?
91% - This charity's score is 91%, earning it a Four-Star out of Four Star rating.
Hoag Hospital Foundation has demonstrated strong organizational practices, reflected in its high rating from Charity Navigator. With 91% of its board members being independent, the foundation showcases a commitment to transparency and accountability. The organization scores full marks in several critical areas such as audit oversight, conflict of interest policies, and the absence of material asset diversion, indicating solid governance.
Financially, the foundation appears to be in a robust position, with a low liabilities-to-assets ratio at 3.07% and a working capital ratio of 14.58 years. This suggests that it is well-managed and capable of meeting its obligations. However, the data does not highlight any specific limitations or areas for improvement, making this nonprofit a commendable option for potential donors seeking to support a reliable cause.
This AI summary has been generated from information found on Charity Navigator.
Is Hoag Hospital Foundation legitimate?
Hoag Hospital Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hoag Hospital 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: $3,024,681
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,472,084
For more financial information, click here
Official website here: www.hoaghospitalfoundation.org
What is the mission statement of Hoag Hospital Foundation?
Hoag Hospital Foundation's mission is to support Hoag Memorial Hospital Presbyterian through meaningful and inspiring philanthropic partnerships. The primary objective of the foundation is to raise funds for the hospital, which in turn, contributes to its expansion, acquisition of equipment, implementation of programs, nursing scholarships, and various operating expenses. By providing financial assistance, Hoag Hospital Foundation aims to enhance the hospital's ability to deliver quality healthcare services to its patients.
Official website here: www.hoaghospitalfoundation.org
Who is the CEO of Hoag Hospital Foundation?
Flynn Andrizzi is the President Foundation of Hoag Hospital Foundation. The CEO's salary of Hoag Hospital Foundation is $0 and their total compensation is $3,547,892.
Official website here: www.hoaghospitalfoundation.org
What is the revenue of Hoag Hospital Foundation?
Hoag Hospital Foundation's revenue in 2022 was $43,002,719.
Official website here: www.hoaghospitalfoundation.org
Who are the executives of Hoag Hospital Foundation and what are their salaries?
There 124 volunteers at Hoag Hospital Foundation.
Here are 35 key members and their salaries (Hoag Hospital Foundation's CEO's salary is $0 and their total compensation is $3,547,892):
- Compensation: $0
- Related: $3,232,319
- Other: $315,573
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- Related: $750,940
- Other: $44,596
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- Related: $394,675
- Other: $21,171
- Compensation: $0
- Related: $264,364
- Other: $12,198
- Compensation: $0
- Related: $354,137
- Other: $42,600
- Compensation: $0
- Related: $297,461
- Other: $35,774
- Compensation: $0
- Related: $315,113
- Other: $25,900
- Compensation: $0
- Related: $300,078
- Other: $41,957
- Compensation: $0
- Related: $214,372
- Other: $39,769
- Compensation: $0
- Related: $243,742
- Other: $27,720
- Compensation: $0
- Related: $254,480
- Other: $25,539
- Compensation: $0
- Related: $218,194
- Other: $17,572
- Compensation: $0
- Related: $227,823
- Other: $24,876
Official website here: www.hoaghospitalfoundation.org
Where can I find the form 990 for Hoag Hospital Foundation?
Hoag Hospital Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hoaghospitalfoundation.org
Learn more at the official website: www.hoaghospitalfoundation.org
Mission Statement of Hoag Hospital Foundation
Hoag Hospital Foundation is a philanthropic organization dedicated to advancing the mission of Hoag Memorial Hospital Presbyterian through inspiring partnerships. The primary focus of Hoag Hospital Foundation is to raise funds for Hoag Memorial Hospital Presbyterian, supporting its expansion, equipment acquisitions, programs, nursing scholarships, and various operating expenses. By doing so, Hoag Hospital Foundation provides essential resources to help the hospital continue delivering high-quality healthcare services to its community. Through meaningful and thoughtful fundraising efforts, Hoag Hospital Foundation ensures Hoag Memorial Hospital Presbyterian can maintain its commitment to excellence and continue making a positive impact on people's lives.
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Impact
October, 2024
Hoag Hospital Foundation plays a crucial role in enhancing healthcare services at Hoag Memorial Hospital Presbyterian in Newport Beach, CA. By fostering meaningful and inspirational philanthropic partnerships, the Foundation provides vital support for the hospital's expansion, the acquisition of state-of-the-art equipment, and the development of innovative programs.
Additionally, the Foundation helps fund nursing scholarships, ensuring that the next generation of nurses is well-prepared to meet the community's healthcare needs. This commitment to advancing the hospital's mission not only strengthens clinical services but also enhances overall patient care and wellness in the region. Through its efforts, Hoag Hospital Foundation significantly impacts the health landscape, empowering both healthcare professionals and patients alike.
This information is meant to be a general summary of Hoag Hospital 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.
- Investment Income: $7,878,155
- Gross Receipts: $43,570,441
Assets and Liabilities:
- Total Assets: $543,042,123
- Total Liabilities: $20,754,756
- Net Assets: $522,287,367
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Organization Details
Founding Year
1977
Phone
(949) 764-7219Principal Officer
Flynn Andrizzi
Main Address
330 PLACENTIA AVE, NEWPORT BEACH, CA, 92663
NTEE Category
Code: E112 - Health
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