Overview
What is Henry Mayo Newhall Memorial Health Foundation?
The Henry Mayo Newhall Memorial Health Foundation is a nonprofit organization situated in Valencia, California. Its primary focus is on raising funds to support the healthcare needs of the community, specifically for Henry Mayo Newhall Memorial Hospital. The foundation contributes to various projects, including hospital capital needs and patient care programs, such as the Diabetes Education and Prevention Program, Breast Cancer Program, and the Emergency Department and Neonatal Intensive Care Unit (NICU) programs. By doing so, the foundation aims to foster volunteerism and raise awareness about the hospital within the community. With a team of five dedicated employees, the Henry Mayo Newhall Memorial Health Foundation plays an essential role in enhancing healthcare services and addressing community health concerns.
Official website here: www.henrymayo.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Star Rating)
The Henry Mayo Newhall Memorial Health Foundation has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The foundation demonstrates strong governance, with a fully independent board and no material diversion of assets. It has also established comprehensive policies on conflict of interest, whistleblowing, and document retention, contributing to a transparent operational framework.
However, while the foundation excels in several areas, such as its independent board size and financial oversight, there are some areas that could be improved. The program expense ratio and fundraising efficiency score lower, reflecting potential opportunities for better resource allocation and fundraising strategies. The liabilities to assets ratio suggests a moderate level of debt relative to assets, which could be a point of concern for financial stability.
Overall, the foundation exhibits responsible management practices and a commitment to transparency, though enhancing its fundraising effectiveness and program efficiency could further improve its operational impact and financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Henry Mayo Newhall Memorial Health Foundation legitimate?
Henry Mayo Newhall Memorial Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Henry Mayo Newhall Memorial Health 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: $408,759
Professional Fundraising Fees: $0
Other Salaries and Wages: $82,071
For more financial information, click here
Official website here: www.henrymayo.com
What is the mission statement of Henry Mayo Newhall Memorial Health Foundation?
The Henry Mayo Newhall Memorial Health Foundation's mission is centered around raising funds to cater to the healthcare needs of the community. By doing so, they aim to support Henry Mayo Newhall Memorial Hospital. In addition to fundraising, the foundation encourages volunteerism and fosters a positive awareness of the hospital within the community. The funds raised by the foundation are utilized for specific projects and programs that address hospital capital needs and patient care requirements, such as the Patient Tower Project, Diabetes Education and Prevention Program, Breast Cancer Program, and the Emergency Department and Neonatal Intensive Care Unit (ED, NICU) Program.
Official website here: www.henrymayo.com
Who is the CEO of Henry Mayo Newhall Memorial Health Foundation?
Margaret Lauffer is the Director of Henry Mayo Newhall Memorial Health Foundation.
Official website here: www.henrymayo.com
What is the revenue of Henry Mayo Newhall Memorial Health Foundation?
Henry Mayo Newhall Memorial Health Foundation's revenue in 2022 was $4,438,398.
Official website here: www.henrymayo.com
Who are the executives of Henry Mayo Newhall Memorial Health Foundation and what are their salaries?
The average compensation at Henry Mayo Newhall Memorial Health Foundation during 2022 was $98,166. There are 5 employees and 71 volunteers at Henry Mayo Newhall Memorial Health Foundation.
Here are 27 key members and their salaries:
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Official website here: www.henrymayo.com
Where can I find the form 990 for Henry Mayo Newhall Memorial Health Foundation?
Henry Mayo Newhall Memorial Health Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.henrymayo.com
Learn more at the official website: www.henrymayo.com
Mission Statement of Henry Mayo Newhall Memorial Health Foundation
The Henry Mayo Newhall Memorial Health Foundation, in its mission, raises funds to address the healthcare needs of the community. This organization is committed to supporting Henry Mayo Newhall Memorial Hospital, fostering volunteerism, and promoting awareness of the hospital within the community. By doing so, the foundation aims to contribute to specific projects and programs that cater to the hospital's capital needs and patient care requirements, ensuring the well-being of the community. Some of the initiatives the foundation has supported include the Patient Tower Project, Diabetes Education and Prevention Program, Breast Cancer Program, and the Emergency Department (ED) and Neonatal Intensive Care Unit (NICU) programs.
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Impact
July, 2024
Henry Mayo Newhall Memorial Health Foundation's impact is significant in raising funds for Henry Mayo Newhall Memorial Hospital to meet the healthcare needs of the community. The Foundation has contributed to the hospital funds for specific projects and programs that assist with hospital capital needs and patient care needs of the community. Some notable initiatives include the Patient Tower Project, Diabetes Education and Prevention Program, Breast Cancer Program, and programs for the Emergency Department and Neonatal Intensive Care Unit. Through its fundraising efforts, the Foundation plays a crucial role in supporting health services and programs that benefit the community in Valencia, CA.
This information is meant to be a general summary of Henry Mayo Newhall Memorial Health 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: $3,132
- Program Service Revenue: $2,026,464
- Gross Receipts: $4,526,476
Assets and Liabilities:
- Total Assets: $33,991,104
- Total Liabilities: $20,264,611
- Net Assets: $13,726,493
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT FROM AFFILIATED O
Revenue
$2,026,464
Organization Details
Founding Year
1980
Phone
(661) 200-2000Principal Officer
Margaret Lauffer
Main Address
23845 MCBEAN PARKWAY, VALENCIA, CA, 91355
Website
www.henrymayo.comNTEE Category
Code: E22I - Health
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