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Catholic Health Initiatives Colorado Foundation Organization Name provided in the GuideStar Exchange* as of 01/09/2014: Catholic Health Initiatives Colorado Foundation

Organization Name as listed in the IRS Business Master File as of 10/17/2014: CATHOLIC HEALTH INITIATIVES COLORADO FOUNDATION

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AKA  CHICF
Colorado Springs, CO
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GuideStar Summary

&1002; GuideStar Exchange Committed to transparency ?
This organization is a Silver-level GuideStar Exchange participant, demonstrating its commitment to transparency.

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&1002; Registered with IRS Legitimacy information is available
&1002; Financial Data Annual Revenue and Expense data reported
&1002; Forms 990 2013, 2012, and 2011 Forms 990 filed with the IRS
&1002; Mission Objectives Mission Statement is available
&1002; Impact Summary Impact Summary from the nonprofit is not available
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Basic Organization Information

Catholic Health Initiatives Colorado Foundation Organization Name provided in the GuideStar Exchange* as of 01/09/2014: Catholic Health Initiatives Colorado Foundation

Organization Name as listed in the IRS Business Master File as of 10/17/2014: CATHOLIC HEALTH INITIATIVES COLORADO FOUNDATION

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
Also Known As: CHICF
Physical Address: Colorado Springs, CO 80919 5913
EIN: 84-0902211
Web URL: www.chicoloradofoundation.org 
NTEE Category: E Health—General & Rehabilitative
E12 Fund Raising and/or Fund Distribution
T Philanthropy, Voluntarism, and Grantmaking
T12 Fund Raising and/or Fund Distribution
E Health—General & Rehabilitative
E20 Hospitals and Primary Medical Care Facilities
Ruling Year: 1946 


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Mission Statement

The CHI Colorado Foundation raises funds and solicits grants to provide financial and other aid, assistance, advice, consultation, guidance, and support to and for CHI facilities in Colorado. Nationwide, CHI thrives on its vision of Catholic health care as a vibrant ministry, ready to provide compassionate care of the body, mind and spirit through the 21st century and beyond. The same pioneer spirit that first led congregations of women religious to carry out the healing ministry of Jesus hundreds of years ago now guides Catholic Health Initiatives in creating new ministries that build healthy communities, reaching new milestones of clinical quality, and pursuing an agenda of social justice.

Legitimacy Information

This organization is registered with the IRS.

This organization is required to file an IRS Form 990 or 990-EZ.

Institutional funders should note that an organization’s inclusion on GuideStar.org does not satisfy IRS Rev. Proc. 2011-33 for identifying supporting organizations.

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Annual Revenue & Expenses (IRS Form 990, July 2011)

Fiscal Year Starting: July 01, 2011
Fiscal Year Ending: June 30, 2012

Total Revenue $14,792,828
Total Expenses $13,948,409

Revenue & Expenses

Revenue and expense information has not been provided by the nonprofit. Click here if you are associated with this organization and want to provide this information.

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Balance Sheet (IRS Form 990)

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Forms 990 Received from the IRS Additional Information
IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar website is an ongoing process.

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Forms 990 Provided by the Nonprofit

Financial Statements

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Annual Reports

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Leadership

(GuideStar Exchange,
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January 2014)

Mr. Douglas A. Dillon

Board Chair (GuideStar Exchange,
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January 2014)

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Board Co-Chair (GuideStar Exchange,
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January 2014)

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Board of Directors (GuideStar Exchange,
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January 2014)

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Board Leadership Practices (GuideStar Exchange,
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January 2014)
?

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices.

Board Orientation & Education ?
Why does this matter? Without clarity around their responsibilities and expectations, board members are not positioned to succeed. They may find themselves challenged to fulfill their governance responsibilities or frustrated by the expectations that the organization has set for them. BoardSource recommends that every new board member participate in a formal orientation process, and that all board members sign a pledge or agreement committing to their board service and to all of the responsibilities and expectations that come with service. Ideally, board members also should participate in a formal governance training program prior to serving on a board.

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?
Response Not Provided
CEO Oversight ?
Why does this matter? Oversight and management of the chief executive is one of the board’s most important legal responsibilities. The CEO or executive director is the board's single employee, and - just like any other employer/employee relationship - regular and written assessment is critical to ensuring that the chief executive and board are communicating openly about goals and performance. BoardSource recommends that boards conduct formal, written reviews of their chief executives on an annual basis, which should include an in-person discussion with the chief executive and distribution of the written evaluation to the full board.

Has the board conducted a formal, written assessment of the chief executive within the past year?
Response Not Provided
Ethics & Transparency ?
Why does this matter? A commitment to handling conflicts of interests is essential to creating an organizational culture of transparency. Boards should create and follow a policy for identifying and handling conflicts of interest, whether real or perceived. BoardSource recommends that organizations review the conflict-of-interest statement and require signed disclosures from all board members and senior staff on an annual basis.

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements within the past year?
Response Not Provided
Board Composition ?
Why does this matter? The best boards are composed of individuals who bring a variety of skills, perspectives, backgrounds, and resources to tackle the complex and strategic challenges confronting their organizations. BoardSource recommends that boards commit to diversity and inclusion by establishing written policies and practices, which include strategic and intentional recruitment of diverse board members, continual commitment to inclusivity, and equal access to board leadership opportunities.

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?
Response Not Provided
Board Performance ?
Why does this matter? Boards need to regularly assess their own performance. Doing so ensures that they are being intentional about how they govern their organization, which is a critical component of effective board leadership. BoardSource recommends that a board conduct a self-assessment of its performance a minimum of once every three years to ensure that it is staying on track with its roles and responsibilities.

Has the board conducted a formal, written self-assessment of its performance within the past three years?
Response Not Provided

Officers for Fiscal Year (IRS Form 990)

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Highest Paid Employees & Their Compensation (IRS Form 990)

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People information was last updated by the nonprofit in January 2014

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Programs

Program: Program Overview (GuideStar Exchange,
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January 2014)

Budget:
$13,073,688
Category:
Health Care
Population Served:
General Public/Unspecified

Program Description:

CHI Colorado Foundation and its subsidiaries provide fundraising support for CHI facilities in Colorado that rely on charitable giving and grants to cover healthcare services not reimbursed by government or private insurance plans as well as to finance building improvements, purchase equipment, and support programming. Local foundation boards are established and operate publicly under trade names currently registered by the CHI Colorado Foundation, and all donations and grants made to CHI Colorado Foundation and its subsidiaries are administered under the authority these local boards. Each local foundation board is composed of representatives of the local community tasked with 1) identifying needs, 2) developing and overseeing fundraising strategies, 3) ensuring funds are spent responsibly and according to donor intent, and 4) making recommendations to CHI Colorado Foundation?s state board regarding investment of funds. CHI Colorado Foundation?s state-level governing board has ultimate fiscal responsibility and is composed of representatives of all local community boards.

Program Long-Term Success:

Subsidiaries of CHI Colorado Foundation collectively raised over $11 million in donations and grants for local hospital, healthcare, and community facilities and programs.

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:

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Impact Summary from the Nonprofit

This organization has not provided an impact summary.
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Reviews

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