Drumright Memorial Hospital Foundation

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

EIN: 730726161 ✦ Drumright, OK ✦ Designated as a 501(c)(3)

Overview

What is Drumright Memorial Hospital Foundation?

Drumright Memorial Hospital Foundation is a nonprofit organization situated in Drumright, Oklahoma. Its primary mission is to preserve and strengthen a local hospital and medical clinic, ensuring they continue to provide essential healthcare services to the community, which predominantly comprises low-income residents. The foundation has successfully handed over the operations of the hospital and clinic to a financially stable operator, ensuring the delivery of quality healthcare continues. Its purpose is to own, maintain, and support these healthcare facilities, contributing to the wellbeing of the ill and infirm in the community.


Is Drumright Memorial Hospital Foundation legitimate?

Drumright Memorial Hospital Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Drumright Memorial 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.

Here are some key statistics you may want to consider:

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

For more financial information, click here


What is the mission statement of Drumright Memorial Hospital Foundation?
Who is the CEO of Drumright Memorial Hospital Foundation?
What is the revenue of Drumright Memorial Hospital Foundation?
Who are the executives of Drumright Memorial Hospital Foundation and what are their salaries?
Where can I find the form 990 for Drumright Memorial Hospital Foundation?

Mission Statement of Drumright Memorial Hospital Foundation

The Drumright Memorial Hospital Foundation is dedicated to overseeing and enhancing a community hospital and medical clinic, with the primary objective of aiding in the care of sick and injured individuals. By assuming this role, the foundation aims to promote the overall health and well-being of the community it serves. In a critical situation, the foundation rescued a hospital and rural healthcare medical clinic from financial distress, subsequently contracting with a financially stable operator to lease and manage the facilities. Through this partnership, the foundation has successfully maintained the provision of quality healthcare services to a predominantly low-income community.

Impact

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




Saturday, July 20, 2024

Drumright Memorial Hospital Foundation has had a significant impact in Drumright, OK by rescuing a hospital and rural health medical clinic from receivership. Through their efforts, they have contracted with a financially stable operator to lease and operate the facilities, ensuring the provision of quality healthcare for the community, which consists largely of low-income residents. Their mission to own, maintain, and support a community hospital and medical clinic has not only cared for the sick and infirm but also promoted the overall health of the community. This philanthropic initiative has revitalized healthcare services in the area, making a positive impact on the lives of many residents.





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: $2,024
  • Program Service Revenue: $0
  • Gross Receipts: $729,524

    • Assets and Liabilities:
  • Total Assets: $9,978,981
  • Total Liabilities: $7,324,888
  • Net Assets: $2,654,093
  • Organization Details

    Founding Year

    1961

    Principal Officer

    Deborah Bright

    Main Address

    PO BOX 31, DRUMRIGHT, OK, 74030

    NTEE Category

    Code: T30 - Philanthropy

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