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Danbury Hospital & New Milford Hospital Foundation Inc

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

EIN: 237425557 ✦ Danbury, CT ✦ Designated as a 501(c)(3)

Overview

What is Danbury Hospital & New Milford Hospital Foundation Inc?

Danbury Hospital & New Milford Hospital Foundation Inc, based in Danbury, Connecticut, is a not-for-profit corporation established under Connecticut law to support Danbury Hospital, New Milford Hospital, and other healthcare affiliates. Their primary mission is to solicit, receive, hold, invest, and administer contributions on behalf of these healthcare institutions. The foundation aims to raise funds and make distributions to enhance their capabilities and better serve their communities.


Official website here: www.danburyhospital.org

Is Danbury Hospital & New Milford Hospital Foundation Inc legitimate?

Danbury Hospital & New Milford Hospital Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Danbury Hospital & New Milford Hospital 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,764,006

For more financial information, click here


Official website here: www.danburyhospital.org

What is the mission statement of Danbury Hospital & New Milford Hospital Foundation Inc?

Danbury Hospital & New Milford Hospital Foundation Inc is a charitable organization dedicated to raising funds for healthcare institutions. It collects donations and manages them, ultimately distributing the resources to Danbury Hospital, New Milford Hospital, and other non-profit healthcare affiliates. The foundation serves as a crucial financial backer, contributing significantly to the health and wellbeing of various healthcare organizations. Through its fundraising efforts, it ensures that these institutions have the necessary resources to provide quality care to their patients. The organization's mission is to support healthcare causes by soliciting, holding, and investing funds, ultimately improving access to essential healthcare services.


Official website here: www.danburyhospital.org

What is the revenue of Danbury Hospital & New Milford Hospital Foundation Inc?

Danbury Hospital & New Milford Hospital Foundation Inc's revenue in 2022 was $25,041,467.


Official website here: www.danburyhospital.org

Who are the executives of Danbury Hospital & New Milford Hospital Foundation Inc and what are their salaries?

Here are 12 key members and their salaries:

    Steven H Rosenberg (Treasurer/Cfo (To 8/29))
  • Compensation: $0
  • Related: $1,287,226
  • Other: $144,768

    • Carolyn Mckenna (Secretary/Chief Legal Officer)
  • Compensation: $0
  • Related: $721,694
  • Other: $91,469

    • Grace Linhard (Chief Development Officer)
  • Compensation: $0
  • Related: $523,470
  • Other: $67,736

    • Joshua Weinshank Esq (Vice Chairman (From 1/1)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leonard Dinardo (Vice Chairman (To 12/31)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa A Esneault (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christian J Trefz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dominick Colabella (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fatejeet S Sandhu Md (Director (To 12/31))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Naughton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristin Mckinney (Director (From 1/1))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Debarba (Chief Financial Officer (From 8/29))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.danburyhospital.org

    Where can I find the form 990 for Danbury Hospital & New Milford Hospital Foundation Inc?

    The Danbury Hospital & New Milford Hospital Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.danburyhospital.org

    Learn more at the official website: www.danburyhospital.org

    Mission Statement of Danbury Hospital & New Milford Hospital Foundation Inc

    Danbury Hospital & New Milford Hospital Foundation, Inc. is a not-for-profit organization dedicated to raising funds, reinvesting them, and administering distributions to Danbury Hospital, New Milford Hospital, and other not-for-profit healthcare affiliates. In simpler terms, this foundation serves as a vital link between donors and healthcare institutions, facilitating financial contributions and channeling them towards worthy causes.

    Established as a non-stock corporation under Connecticut law, Danbury Hospital & New Milford Hospital Foundation, Inc. is committed to soliciting, receiving, holding, investing, and managing funds on behalf of the named hospitals and healthcare affiliates. By doing so, it enables these institutions to focus on their primary mission – delivering quality healthcare services – while the foundation takes care of securing the necessary finances.

    In essence, Danbury Hospital & New Milford Hospital Foundation, Inc. acts as a philanthropic partner and resource, working to advance the interests of healthcare organizations and ultimately, the people they serve. Through its fundraising efforts and financial stewardship, the foundation plays a crucial role in ensuring the long-term sustainability and growth of the healthcare institutions it supports.

    Impact

    This information is meant to be a general summary of Danbury Hospital & New Milford Hospital Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Danbury Hospital & New Milford Hospital Foundation Inc's impact is significant in providing crucial financial support to Danbury and New Milford Hospitals as well as other nonprofit healthcare affiliates. By raising funds, reinvesting and administrating these funds, the foundation ensures that these healthcare institutions have the resources needed to deliver quality care and services to the community. Through their efforts, they contribute to the well-being of individuals and families in the Danbury, Connecticut area and beyond.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $7,598,617
  • Program Service Revenue: $5,255,125
  • Gross Receipts: $26,609,997

    • Assets and Liabilities:
  • Total Assets: $160,086,078
  • Total Liabilities: $3,046,685
  • Net Assets: $157,039,393
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Management Services

    Revenue

    $5,142,512

    Rental Income from DH

    Revenue

    $112,613

    Organization Details

    Founding Year

    1975

    Main Address

    24 Hospital Avenue, Danbury, CT, 06810

    NTEE Category

    Code: E110 - Health

    If you are a representative of Danbury Hospital & New Milford Hospital Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.