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Lakeside Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 161374547 ✦ Brockport, NY ✦ Designated as a 501(c)(3)

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Overview

What is Lakeside Foundation Inc?

Lakeside Foundation Inc, situated in Brockport, New York, is a nonprofit organization dedicated to collecting and managing funds exclusively for the advantage of organizations offering health care and related services in the Brockport area. Its primary mission is to financially support these organizations, thereby aiding in their charitable objectives of meeting the physical needs and overall well-being of the community's residents. The foundation serves as a crucial catalyst in ensuring the continuance and enhancement of health services for the citizens of Brockport.


Official website here: www.lakesidehealth.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 4 stars (97%)

Lakeside Foundation Inc has earned a Four-Star out of Four Star rating from Charity Navigator, reflecting a robust commitment to accountability and financial health. The rating is based entirely on their performance in the Accountability & Finance beacon, where they have achieved a perfect score of 100%. This high rating signifies strong transparency and sound financial practices, indicating that the organization effectively manages its resources.

The foundation demonstrates organizational strengths, including a fully independent board composed of seven members, which enhances governance and oversight. Additionally, they have no reported material diversion of assets, ensuring that donations are utilized for their intended purpose. They have also implemented key governance policies, such as a conflict of interest policy and a whistleblower policy, which further solidifies their commitment to ethical operations.

However, while Lakeside Foundation Inc has excelled in accountability metrics, it is important for potential donors to consider how these financial practices translate into programmatic impact. While the organization exhibits a high program expense ratio of 96.85%, understanding the effectiveness of their programs and overall mission success would be beneficial for a comprehensive evaluation.


This AI summary has been generated from information found on Charity Navigator.

Is Lakeside Foundation Inc legitimate?

Lakeside Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeside Foundation Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.lakesidehealth.com

What is the mission statement of Lakeside Foundation Inc?

The Lakeside Foundation Inc's mission is centered around generating financial support for organizations that provide health care and other health-related services. This aid is intended to assist these organizations in fulfilling their charitable purpose of meeting the physical needs and promoting the general well-being of citizens. By providing this financial backing, the Lakeside Foundation plays a crucial role in supporting the overall health infrastructure within its operational sphere.


Official website here: www.lakesidehealth.com

Who is the CEO of Lakeside Foundation Inc?

Patricia Hayles is the Chairman of Lakeside Foundation Inc.


Official website here: www.lakesidehealth.com

What is the revenue of Lakeside Foundation Inc?

Lakeside Foundation Inc's revenue in 2022 was $62,310.


Official website here: www.lakesidehealth.com

Who are the executives of Lakeside Foundation Inc and what are their salaries?


Here are 7 key members and their salaries:


Patricia Hayles (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Rose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kory Huntsinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Caruso (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Zicari (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Peterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Klinetob (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lakesidehealth.com

Where can I find the form 990 for Lakeside Foundation Inc?

Lakeside Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lakesidehealth.com

Learn more at the official website: www.lakesidehealth.com

Mission Statement of Lakeside Foundation Inc

Lakeside Foundation Inc is an organization committed to generating financial support for charitable institutions that provide health care and other health-related services. Their mission is to aid these organizations in meeting the physical needs and promoting the general well-being of citizens in their community. By providing funds exclusively for these organizations, Lakeside Foundation Inc plays a crucial role in assisting these nonprofits in fulfilling their charitable purposes. In essence, Lakeside Foundation Inc serves as a vital financial backbone, enabling these health care providers to continue their vital work, thereby improving the lives of numerous individuals in their community.

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Impact




August, 2024

Lakeside Foundation Inc's impact is significant in generating financial support for organizations providing health care and other health-related services in the area of Brockport, New York. By soliciting, receiving, and maintaining funds exclusively for the benefit of these organizations, Lakeside Foundation plays a crucial role in assisting the charitable purpose of each organization to provide for the physical needs and general well-being of citizens in the Brockport area. This support contributes to the improvement of healthcare services and the overall well-being of the community.




This information is meant to be a general summary of Lakeside Foundation Inc. 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.

Revenue
$62,310 (2022)
Expenses
$15,708 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $62,310
  • Gross Receipts: $62,310

Assets and Liabilities:

  • Total Assets: $1,553,130
  • Total Liabilities: $0
  • Net Assets: $1,553,130

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Organization Details

Founding Year

1989

Principal Officer

Patricia Hayles

Main Address

4107 LAKE ROAD N, BROCKPORT, NY, 14420

NTEE Category

Code: E91I - Health

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