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Santa Barbara Cottage Hospital Foundation

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

EIN: 953802238 ✦ Santa barbara, CA ✦ Designated as a 501(c)(3)

Overview

What is Santa Barbara Cottage Hospital Foundation?

The Santa Barbara Cottage Hospital Foundation is a nonprofit organization based in Santa Barbara, California, dedicated to supporting Santa Barbara Cottage Hospital through the collection and distribution of charitable donations. This foundation invests and maintains funds for the hospital's charitable, scientific, and educational initiatives. It is active in the community by providing grants to local nursing programs and awarding scholarships to nursing degree candidates. The foundation also extends its support to Cottage Health employees by offering a mortgage assistance program, which helps eligible employees purchase homes in the Santa Barbara area with low-interest loans.


Official website here: www.cottagehealth.org/donate/santa-barbara-cottage-hospital-foundation/

Is Santa Barbara Cottage Hospital Foundation legitimate?

Santa Barbara Cottage Hospital Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Santa Barbara Cottage 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


Official website here: www.cottagehealth.org/donate/santa-barbara-cottage-hospital-foundation/

What is the mission statement of Santa Barbara Cottage Hospital Foundation?

The Santa Barbara Cottage Hospital Foundation functions as a non-profit organization dedicated to raising funds for the charitable, scientific, and educational activities of Santa Barbara Cottage Hospital. By soliciting and receiving donations, the foundation maintains and distributes these funds to support the hospital's initiatives. The organization extends its reach beyond hospital operations, investing in medical education in the community through grants and scholarships for nursing students. Additionally, the foundation's mortgage assistance program helps hospital employees purchase homes in the area by providing low-interest loans.


Official website here: www.cottagehealth.org/donate/santa-barbara-cottage-hospital-foundation/

What is the revenue of Santa Barbara Cottage Hospital Foundation?

Santa Barbara Cottage Hospital Foundation's revenue in 2022 was $45,245,201.


Official website here: www.cottagehealth.org/donate/santa-barbara-cottage-hospital-foundation/

Who are the executives of Santa Barbara Cottage Hospital Foundation and what are their salaries?

Here are 23 key members and their salaries (Santa Barbara Cottage Hospital Foundation's CEO's salary is $0 and their total compensation is $1,899,989):

    Ronald Werft (President & Ceo)
  • Compensation: $0
  • Related: $1,816,036
  • Other: $83,953

    • Lisa Moore (Executive Vp And Coo)
  • Compensation: $0
  • Related: $1,049,601
  • Other: $162,968

    • Kristin Tufvesson (Senior Vp And Cfo)
  • Compensation: $0
  • Related: $614,726
  • Other: $92,852

    • Brett Tande (Senior Vp And Cfo (Part Year))
  • Compensation: $0
  • Related: $453,374
  • Other: $37,556

    • Dorothy Largay Phd (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward Bentley Md (Secretary (Part Year)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregory Faulkner (Chair (Part Year)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Ponce Md (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Zola (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Christol-Deacon (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Cusack (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bhupi Singh (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ernesto Paredes (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gamble Parks Atty (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Scott Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Nielsen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela Gann (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roberta Griffin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robin Malone Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Ortiz (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Virginia Salazar (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wesley Schooler Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yulun Wang Phd (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cottagehealth.org/donate/santa-barbara-cottage-hospital-foundation/

    Where can I find the form 990 for Santa Barbara Cottage Hospital Foundation?

    The Santa Barbara Cottage Hospital Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cottagehealth.org/donate/santa-barbara-cottage-hospital-foundation/

    Mission Statement of Santa Barbara Cottage Hospital Foundation

    Santa Barbara Cottage Hospital Foundation is a nonprofit organization dedicated to advancing the charitable, scientific, and educational initiatives of Santa Barbara Cottage Hospital. The Foundation's primary role is to secure and manage funds for the hospital through donations and investments. With these resources, it supports the hospital's operations and various community programs.

    One of the ways the Foundation makes an impact is by contributing to local medical education. It accomplishes this by granting funds to the nursing program at Santa Barbara City College, enabling future nurses to receive quality education. Additionally, the Foundation awards scholarships to individuals pursuing a nursing degree, ensuring a skilled workforce to serve the community.

    Furthermore, the Foundation's Mortgage Assistance Program offers a low-interest loan to hospital employees seeking to purchase a home in the area. This initiative not only supports the employees but also strengthens the workforce of Cottage Health, ensuring the continuity of top-notch healthcare services. By providing financial assistance, the Foundation ultimately improves the lives of its employees and their families.

    Impact

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




    Thursday, August 15, 2024

    Santa Barbara Cottage Hospital Foundation's impact is significant in supporting Santa Barbara Cottage Hospital by soliciting, receiving, and maintaining funds for charitable, scientific, and educational activities. The foundation contributes to the operations of the hospital, provides support for medical education through grants to programs like Santa Barbara City College's nursing program, and offers scholarships to individuals pursuing nursing degrees. Additionally, the foundation assists Cottage Health's workforce through its mortgage assistance program, which provides low-interest loans to employees purchasing homes in the Santa Barbara area. Overall, the foundation plays a vital role in enhancing healthcare services, supporting medical education, and benefiting the community in Santa Barbara.





    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: $7,271,083
  • Program Service Revenue: $189,766
  • Gross Receipts: $72,264,147

    • Assets and Liabilities:
  • Total Assets: $240,388,140
  • Total Liabilities: $5,240,280
  • Net Assets: $235,147,860
  • Programs

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

    Mortgage Assistance program Revenue

    Revenue

    $189,766

    Organization Details

    Founding Year

    1982

    Main Address

    PO BOX 689 Attn Finance Dept, Santa Barbara, CA, 93102

    NTEE Category

    Code: E11 - Health

    If you are a representative of Santa Barbara Cottage Hospital 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.