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Ballad Health Foundation

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

EIN: 581594191 ✦ Johnson city, TN ✦ Designated as a 501(c)(3)

Overview

What is Ballad Health Foundation?

The Ballad Health Foundation acts as a philanthropic bridge between community-minded businesses and individuals, and Ballad Health, to improve the overall health and well-being of their region. During the past fiscal year, over 3,800 donors contributed over $5.1 million to the foundation, enabling the allocation of resources for equipment, programs, and services. Significant funding went towards Women and Children's facilities, including the creation of a new and modern Neonatal Intensive Care Unit in Tennessee or Virginia, with $3.5 million earmarked for planning and preliminary construction expenses. The foundation also provided essential equipment, such as infant radiant warmers, and supported various healthcare services like oncology, parish nursing, hospice, and home health programs, totaling $1.01 million. Additionally, the foundation offered direct assistance through patient assistance and team member emergency funds.


Official website here: www.balladhealth.org

Is Ballad Health Foundation legitimate?

Ballad Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ballad 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.

Here are some key statistics you may want to consider:

Executive Compensation: $305,929
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.balladhealth.org

What is the mission statement of Ballad Health Foundation?

The Ballad Health Foundation focuses on building relationships to fulfill the mission and vision of Ballad Health through philanthropy. By working together around shared objectives, the foundation strives to transform the overall health and well-being of the community. During the twelve-month period ending June 30, 2022, over 3,800 community-minded businesses and individuals made charitable contributions, enabling the foundation to provide nearly $5.2 million for equipment, programs, and services. A significant portion of these funds, totaling over $4 million, went towards facilities and programs for women and children. This included $3.5 million for the planning and preliminary construction expenses of a new, modern NICU in either Tennessee or Virginia. Additionally, the foundation supplied funding for essential equipment, such as infant radiant warmers, wound care treatment chairs, and fetal monitors, among others. The foundation also supported oncology services, with a special emphasis on cancer screening and detection for women, and provided financing for parish nursing, hospice, and home health programs. Lastly, the foundation offered direct assistance through Ballad Health's patient assistance and team member emergency funds.


Official website here: www.balladhealth.org

Who is the CEO of Ballad Health Foundation?

Todd Norris is the Trustee of Ballad Health Foundation.


Official website here: www.balladhealth.org

What is the revenue of Ballad Health Foundation?

Ballad Health Foundation's revenue in 2022 was $13,795,215.


Official website here: www.balladhealth.org

Who are the executives of Ballad Health Foundation and what are their salaries?

The average compensation at Ballad Health Foundation during 2022 was $33,992. There are 9 employees and 146 volunteers at Ballad Health Foundation.

Here are 13 key members and their salaries:

    Lynn Krutak (Trustee / Bh Evp & Cfo)
  • Compensation: $0
  • Related: $956,968
  • Other: $104,263

    • Anthony Keck (Trustee)
  • Compensation: $0
  • Related: $664,042
  • Other: $85,520

    • Todd Norris (Trustee)
  • Compensation: $0
  • Related: $475,459
  • Other: $73,164

    • Jack Simpson (President / Ex-Officio) [Trustee/Director]
  • Compensation: $269,195
  • Related: $0
  • Other: $36,734

    • Ted Fields (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Cox (Secretary / Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michele King (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Lich (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Cantler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Bedard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Gartner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joanne Hairston (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carla Karst (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.balladhealth.org

    Where can I find the form 990 for Ballad Health Foundation?

    The Ballad Health Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.balladhealth.org

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

    Mission Statement of Ballad Health Foundation

    Ballad Health Foundation, driven by a shared vision and mission, forges connections with various entities to enhance the health and well-being of their community through philanthropy. By joining forces around a collective set of objectives, they strive to create lasting transformations.

    During the financial year concluded on June 30, 2022, more than 3,800 benevolent businesses and individuals contributed to the foundation. These donations empowered the foundation to distribute $5,153,289 towards equipment, programs, and services throughout the region. A significant portion, $4,091,636, was earmarked for facilities and programs catering to women and children. Of these funds, $3,537,500 were allocated for initial planning and construction costs to establish a state-of-the-art Neonatal Intensive Care Unit (NICU) in either Tennessee or Virginia. Additionally, the foundation granted $934,585 for essential equipment, such as infant radiant warmers, wound care treatment chairs, EKGs, accuveins, fetal monitors, patient recliners, blood cell processors, vascular scanners, and a comprehensive women's health mobile unit. Furthermore, $135,607 was earmarked for oncology services, with a focus on cancer screening and detection for women, as well as $38,562 for Parish Nursing, and $25,198 for hospice and home health programs. Lastly, the foundation granted $384,690 in direct assistance through Ballad Health's Patient Assistance and Team Member Emergency Funds.

    Impact

    This information is meant to be a general summary of Ballad Health Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Ballad Health Foundation has made a significant impact in the community by leveraging the power of philanthropy to improve the overall health and well-being of the region. Through the support of over 3,800 community-minded businesses and individuals, the Foundation was able to provide over $5 million for equipment, programs, and services. This funding has benefited facilities and programs serving women and children, including the creation of a state-of-the-art NICU.

    In addition, Ballad Health Foundation allocated funds for essential equipment such as infant radiant warmers, wound care treatment chairs, EKGs, and more, ensuring that healthcare providers have the necessary tools to deliver quality care. The Foundation also supported oncology services with a focus on cancer screening and detection for women, as well as programs like parish nursing and hospice and home health services.

    Overall, Ballad Health Foundation's impact is evident in the meaningful investments made to enhance healthcare services in the region, ultimately contributing to the betterment of community health and well-being.





    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: $2,034,599
  • Program Service Revenue: $0
  • Gross Receipts: $14,022,689

    • Assets and Liabilities:
  • Total Assets: $62,092,613
  • Total Liabilities: $8,673,935
  • Net Assets: $53,418,678
  • Organization Details

    Founding Year

    1984

    Principal Officer

    Todd Norris

    Main Address

    1019 W OAKLAND AVE SUITE 2, JOHNSON CITY, TN, 376042357

    NTEE Category

    Code: E120 - Health

    If you are a representative of Ballad Health Foundation 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.