Providence Hood River Memorial Hospital Foundation Inc

What it reported doing in 2024

See schedule oat providence, we use our voice to advocate for vulnerable populations and needed reforms in health care. We are also pursuing innovative ways to transform health care by keeping people healthy, and making our services more convenient, accessible and affordable for all. In an increasingly uncertain world, we are committed to high-quality, compassionate health care for everyone - regardless of coverage or ability to pay. We help people and communities benefit from the best health care model for the future - today. Together, our 125,000 caregivers (all employees) serve in 51 hospitals, 1,014 clinics and a comprehensive range of health and social services across Alaska, California, Montana, New Mexico, Oregon, Texas and Washington. The providence affiliate family includes: -providence across five western states -covenant health in west Texas and New Mexico -facey medical group in los angeles, ca -kadlec in southeast Washington -pacific medical centers in seattle, wa -swedish health services in seattle, wa in 2024, providence ministries and affiliates provided $1.9 billion in community benefit programs. This includes free and discounted care, uncompensated and subsidized care, and other community health activities. One of these vital programs, medicaid, is a lifeline for millions of individuals, including seniors, children, pregnant patients, those with disabilities and veterans. We are grateful to everyone in our communities who has joined us in advocating for continued funding and expansion of this program. Together, we are helping to ensure more people have access to needed care. For more information go to: https://www.providence.org/about/annual-report through our community benefit programs, we focus on meeting the diverse needs of the people we serve by working to ensure basic health needs are met, removing barriers to care, building community resilience and innovating for the future. Providence continues to work towards carbon negative and in 2024 decreased emissions by 19 percent compared to our 2019 baseline. Our efforts earned us a system record 55 environmental excellence awards from practice greenhealth and made us the first large system to receive the joint commission's sustainable healthcare certification in 2024 for each of our hospitals. Program service accomplishments: hospice area of greatest need fund helps hospice patients get what they need to have the best quality of life during this difficult time. Medical supplies are purchased in unique situations where insurance doesn't cover the need (or when there is no insurance). Many programs that were closed during covid have returned like grief groups, massage and acupuncture. The foundation paid for stress-reducing items for pediatric patients in emergency dept. An same-day surgery. Items like ipads, toys, stuffies, etc. The don benton cancer services fund provides additional services for patients undergoing chemotherapy. The funds continued to pay for the cancer care bags. As well as continued to fund the veggie rx program. $29,000 made fresh produce available to some oncology patients referred by the oncology social worker. These patients receive fresh weekly produce and recipes from gorge grown. We are also funding a nutrition station for patients to access during their treatments in the clinic. The foundation raised $83,200 in march from the heart of gold to support employee scholarships for those who want to advance their careers and certifications. Scholarships are up to $2,500/year for academic pursuits, webinars and more. The providence hood river hospital foundation donated $200,000 to the hospital capital purchases in many departments like surgery, diagnostic imaging and more. Trauma nurses talk tough helmet safety program was able to give over 400 helmets in the gorge community in 2022. Ed and trauma nurses present programs in the community to school kids on the safety of protective gear such as bike helmets. Providence hood river foundatio

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 70.6%; rating input score 71
• Fundraising efficiency: $3.55 raised per $1 spent on fundraising; rating input score 11; 11th percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.3%; rating input score 93; 22nd percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: 94.9%; rating input score 95; 42nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 88.9%; rating input score 89; 22nd percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -33.6%; rating input score 5; 5th percentile among comparable filings
• Total-asset coverage ratio: 8.06; rating input score 90; 90th percentile among comparable filings
• Liabilities to assets ratio: 0.05; rating input score 53; 53rd percentile among comparable filings
• Officer compensation ratio: 6.8%; rating input score 48; 48th percentile among comparable filings

Growth

• Program expense growth: 4.2% per year; rating input score 100; 38th percentile among comparable filings
• Revenue growth: -2.7% per year; rating input score 0; 8th percentile among comparable filings
• Asset growth: 6.2% per year; rating input score 100; 44th percentile among comparable filings