Overview
What is Lotta M Crabtree Hospital Trust Uw 0710400 Nutter Mcclennen & Fish Llp?
Lotta M Crabtree Hospital Trust Uw 0710400 Nutter Mcclennen & Fish Llp is a nonprofit organization situated in Boston, Massachusetts. Its primary mission is to provide financial aid and relief to local, not-for-profit hospitals in the area. The trust also covers expenses related to maintaining and operating the fund. This support aims to enhance the capabilities and services of these hospitals, ultimately benefiting the communities they serve.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two Stars (Needs Improvement) - Score: 63%
The Lotta M Crabtree Hospital Trust has received a two-star rating from Charity Navigator, indicating it needs improvement. While the organization has a perfect score in areas such as the majority of independent board members and the liabilities to assets ratio, it falls short in critical governance aspects. For instance, it scored zero in having an independent board size and in several policy areas, including conflict of interest, whistleblower, and document retention policies.
Additionally, the organization scored poorly in transparency, as it has not listed its website on its tax form and does not post essential documents like board meeting minutes and tax forms on its website. The lack of a public-facing platform for important information may hinder potential donors' trust and engagement with the nonprofit.
Despite these weaknesses, the organization demonstrates a strong commitment to program expenses, which is essential for ensuring funds are utilized effectively for its mission. However, the significant gaps in governance and transparency highlight areas that require immediate attention to enhance its overall accountability and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Lotta M Crabtree Hospital Trust Uw 0710400 Nutter Mcclennen & Fish Llp legitimate?
Lotta M Crabtree Hospital Trust Uw #0710400 Nutter Mcclennen & Fish Llp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lotta M Crabtree Hospital Trust Uw #0710400 Nutter Mcclennen & Fish Llp 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,374
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Lotta M Crabtree Hospital Trust Uw 0710400 Nutter Mcclennen & Fish Llp?
The Lotta M Crabtree Hospital Trust, managed by Nutter McClennen & Fish LLP, is dedicated to providing financial aid and relief to non-profit hospitals situated in the Boston area. Their primary objective is to disburse funds to these institutions. Additionally, they incur expenses for the maintenance and operation of the trust fund. In essence, their mission is to contribute financially to the well-being of these hospitals, thereby supporting healthcare services in the community.
What is the revenue of Lotta M Crabtree Hospital Trust Uw 0710400 Nutter Mcclennen & Fish Llp?
Lotta M Crabtree Hospital Trust Uw 0710400 Nutter Mcclennen & Fish Llp's revenue in 2023 was $76,208.
Who are the executives of Lotta M Crabtree Hospital Trust Uw 0710400 Nutter Mcclennen & Fish Llp and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $1,052
- Related: $14,636
- Other: $0
- Compensation: $1,323
- Related: $11,669
- Other: $0
Where can I find the form 990 for Lotta M Crabtree Hospital Trust Uw 0710400 Nutter Mcclennen & Fish Llp?
Lotta M Crabtree Hospital Trust Uw 0710400 Nutter Mcclennen & Fish Llp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lotta M Crabtree Hospital Trust Uw 0710400 Nutter Mcclennen & Fish Llp
Lotta M Crabtree Hospital Trust UW 0710400 Nutter McClennen & Fish LLP is an organization dedicated to providing financial support and relief for not-for-profit hospitals in the Boston area. The primary mission of this trust is to disburse funds to these hospitals, ensuring they have the necessary resources to operate effectively. Additionally, the trust also covers expenses related to maintaining and operating the fund, ensuring its sustainability and continuity in providing aid to the hospitals. By providing financial assistance, Lotta M Crabtree Hospital Trust UW 0710400 Nutter McClennen & Fish LLP plays a crucial role in supporting the health and well-being of the communities served by these hospitals, ultimately contributing to improved healthcare outcomes for the people in the Boston area.
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Impact
October, 2024
Lotta M Crabtree Hospital Trust Uw 0710400 Nutter Mcclennen & Fish Llp plays a vital role in supporting healthcare in the Boston area by providing financial assistance to local nonprofit hospitals. By disbursing funds specifically aimed at alleviating operational costs and enhancing the services these hospitals offer, the trust directly contributes to the overall health and well-being of the community. This financial relief helps hospitals maintain their facilities, improve care delivery, and ensure that essential medical services remain accessible to those in need. Furthermore, by sustaining these healthcare institutions, the trust positively impacts public health outcomes and fosters a stronger healthcare system in the region.
This information is meant to be a general summary of Lotta M Crabtree Hospital Trust Uw 0710400 Nutter Mcclennen & Fish Llp. 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 2023.
- Investment Income: $17,522
- Gross Receipts: $121,723
Assets and Liabilities:
- Total Assets: $410,872
- Total Liabilities: $0
- Net Assets: $410,872
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Organization Details
Founding Year
1929
Principal Officer
Nancy T Harmon
NTEE Category
Code: E21 - Health
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