Mckeesport Hospital Foundation

What it reported doing in 2024

The mckeesport hospital foundation advances equitable access to high-quality healthcare in the mon valley region by strategically investing in clinical technology, patient assistance programs, and community-based health initiatives in partnership with upmc mckeesport.the foundation provides critical funding to support the hospital's acquisition and enhancement of medical technology and patient care resources, ensuring that residents have access to modern, high-quality healthcare services close to home.see additional information on schedule oas a leader in regional health improvement efforts, the foundation is an annual funder of Pennsylvania's state health improvement plan (ship) partnerships, collaborating with healthcare providers, public health agencies, and community organizations to design and implement targeted programs that address priority health needs. These initiatives serve approximately 33,000 residents across braddock, clairton, duquesne, and mckeesport, with a focus on improving health outcomes, increasing access to care, and addressing social determinants of health.the foundation also financially supports patient assistance programs that provide essential medications for uninsured and underinsured individuals. Through close coordination with hospital pharmacy and social work teams, these programs ensure continuity of care and improved treatment adherence, serving dozens of patients each month who would otherwise face barriers to accessing necessary prescriptions.in addition, the foundation strengthens the local health and human services ecosystem by partnering with community-based organizations to align resources, support collaborative initiatives, and enhance the impact of health-related programming. The foundation also supports and coordinates community fundraising efforts that generate critical resources to sustain and expand services that benefit vulnerable populations.through these combined efforts, the foundation serves as a catalyst for improved health outcomes, expanded access to care, and stronger community partnerships throughout the region.

Financial Efficiency

• Mission deployment rate: 93.2%; rating input score 93
• Program expense ratio: 82.9%; rating input score 83
• Fundraising efficiency: $6.96 raised per $1 spent on fundraising; rating input score 26; 26th percentile among comparable filings

Transparency & Controls

• Consistency checks: 92.9%; rating input score 93; 19th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 95.2%; rating input score 95; 42nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 6 of 7 controls in place; rating input score 86
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 38%; rating input score 88; 88th percentile among comparable filings
• Total-asset coverage ratio: 30.13; rating input score 98; 98th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

• Program expense growth: 8.8% per year; rating input score 100; 59th percentile among comparable filings
• Revenue growth: -2.3% per year; rating input score 0; 8th percentile among comparable filings
• Asset growth: 2.9% per year; rating input score 100; 29th percentile among comparable filings