Overview
What is Hospice Regatta Of Maine?
Hospice Regatta of Maine is a dedicated nonprofit organization located in Maine. Its primary mission is to provide financial assistance to local Hospice volunteer organizations within the state. They achieve this by distributing donations and earnings generated from their annual Regatta directly to these organizations in their entirety. This support aims to enhance the care and services provided to individuals and families dealing with end-of-life situations, thus ensuring that essential hospice services remain accessible and sustainable in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star Rating
Hospice Regatta Of Maine has achieved an 80% rating, reflecting a Three-Star designation, which indicates a solid level of accountability and financial health. The score is derived primarily from its excellent performance in the Accountability & Finance beacon, showcasing strong governance and oversight practices.
The organization boasts a fully independent board of directors, with 100% of its members being independent, which is a significant strength. Additionally, it has demonstrated stellar financial responsibility, evidenced by its 99.26% program expense ratio. This indicates that nearly all its funds are directed towards fulfilling its mission rather than administrative costs.
While the organization demonstrates strong financial practices and governance, the rating suggests limited data on other performance areas such as program outcomes or community impact. Nonetheless, the strong emphasis on accountability and transparency is a positive indicator for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Hospice Regatta Of Maine legitimate?
Hospice Regatta Of Maine is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hospice Regatta Of Maine 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Hospice Regatta Of Maine?
Hospice Regatta of Maine is an organization dedicated to supporting local Hospice volunteer groups in Maine. They achieve this by distributing all the donations and earnings from their annual Regatta event directly to these organizations. Their mission is primarily focused on providing financial assistance, aiming to enhance and sustain the services offered by these Hospice volunteer organizations, thereby benefiting the communities they serve.
Who is the CEO of Hospice Regatta Of Maine?
Jim Bradley is the Secretary of Hospice Regatta Of Maine.
What is the revenue of Hospice Regatta Of Maine?
Hospice Regatta Of Maine's revenue in 2022 was $57,163.
Who are the executives of Hospice Regatta Of Maine and what are their salaries?
There 25 volunteers at Hospice Regatta Of Maine.
Here are 11 key members and their salaries:
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Where can I find the form 990 for Hospice Regatta Of Maine?
Hospice Regatta Of Maine's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hospice Regatta Of Maine
Hospice Regatta of Maine is a dedicated organization that seeks to support local Hospice volunteer groups in Maine. It achieves this mission by distributing all the donations and income generated from its annual Regatta event directly to these organizations in their entirety. By doing so, Hospice Regatta of Maine plays a vital role in strengthening the resources and capabilities of these volunteer groups, enabling them to provide essential care and support to individuals and families navigating the challenges associated with end-of-life care. The organization's unwavering commitment to this mission underscores its dedication to enhancing the quality of life for those in need, as well as its belief in the importance of community partnership and collaboration.
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Impact
August, 2024
The impact of the Hospice Regatta of Maine is significant, as it provides essential funding for local Hospice volunteer organizations in Maine. By disbursing donations and revenue from the Regatta in their entirety, this initiative directly supports the vital services and care provided by Hospice organizations in the community. This not only helps to ensure that individuals facing terminal illnesses receive the comfort and support they need but also contributes to the overall well-being of patients and their families during difficult times. Ultimately, the Hospice Regatta of Maine plays a crucial role in enhancing the quality of life for those in need of end-of-life care in the state of Maine.
This information is meant to be a general summary of Hospice Regatta Of Maine. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $7
- Gross Receipts: $57,163
Assets and Liabilities:
- Total Assets: $2,501
- Total Liabilities: $0
- Net Assets: $2,501
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Organization Details
Founding Year
1983
Phone
(207) 667-2531Principal Officer
Jim Bradley
Main Address
14 MCKENZIE AVENUE, ELLSWORTH, ME, 04605
NTEE Category
Code: P74 - Human services
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