Overview
What is Lee Initiatives Inc?
Lee Initiatives Inc, located at 321 Main Street Suite 4A, Johnstown, PA 15901, is a nonprofit organization with a mission to honor the legacy of Lee Hospital. They aim to enhance the quality of life for individuals residing in the service area that was previously served by Lee Hospital, situated in West Central Pennsylvania. To achieve this goal, Lee Initiatives manages the resources of the former hospital to provide grant funds to health-related organizations. With a workforce of 11 employees, they contribute to community well-being by supporting health initiatives in their region.
Official website here: www.leeinitiatives.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Lee Initiatives Inc has received a commendable Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The organization scores particularly well on its financial health, showcasing a low liabilities to assets ratio of 0.93% and a program expense ratio of 86.12%. These figures indicate that a significant portion of its resources is directed toward its programs rather than administrative costs.
The charity operates with a fully independent board, scoring 100% in that category, which suggests a commitment to governance and oversight. However, there is a noteworthy limitation in their policies, as they lack a formal conflict of interest policy, which is essential for transparency and ethical governance. Despite this gap, the presence of a whistleblower policy and thorough documentation practices contributes positively to their accountability framework.
Overall, Lee Initiatives Inc demonstrates a solid financial structure and governance model, but it would benefit from addressing the missing conflict of interest policy to enhance its credibility further. The organization shows a strong commitment to its mission, but continued focus on comprehensive governance practices will be important for maintaining public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Lee Initiatives Inc legitimate?
Lee Initiatives Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lee Initiatives 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: $164,782
Professional Fundraising Fees: $0
Other Salaries and Wages: $68,837
For more financial information, click here
Official website here: www.leeinitiatives.com
What is the mission statement of Lee Initiatives Inc?
Lee Initiatives Inc., in its mission, aims to uphold the legacy of a former hospital, Lee Hospital, by effectively managing its resources. The primary objective is to enhance the quality of life for individuals residing within its service area in west central Pennsylvania. To accomplish this, Lee Initiatives provides grant funds to health-related organizations. By doing so, they contribute to the betterment of healthcare services and overall well-being within the community.
Official website here: www.leeinitiatives.com
Who is the CEO of Lee Initiatives Inc?
David Gray is the President of Lee Initiatives Inc. The CEO's salary of Lee Initiatives Inc is $88,862 and their total compensation is $112,587.
Official website here: www.leeinitiatives.com
What is the revenue of Lee Initiatives Inc?
Lee Initiatives Inc's revenue in 2023 was $844,971.
Official website here: www.leeinitiatives.com
Who are the executives of Lee Initiatives Inc and what are their salaries?
The average compensation at Lee Initiatives Inc during 2023 was $21,238. There are 11 employees and 9 volunteers at Lee Initiatives Inc.
Here are 10 key members and their salaries (Lee Initiatives Inc's CEO's salary is $88,862 and their total compensation is $112,587):
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- Compensation: $75,920
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- Other: $10,110
- Compensation: $88,862
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- Other: $23,725
Official website here: www.leeinitiatives.com
Where can I find the form 990 for Lee Initiatives Inc?
Lee Initiatives Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.leeinitiatives.com
Learn more at the official website: www.leeinitiatives.com
Mission Statement of Lee Initiatives Inc
Lee Initiatives Inc, a nonprofit organization, carries forward the legacy of Lee Hospital by managing its resources to enhance the quality of life for individuals in its service area, located in West Central Pennsylvania. The primary objective of Lee Initiatives Inc is to provide grant funds to health-related organizations, with the ultimate goal of contributing to the well-being and welfare of the community. By supporting these organizations, Lee Initiatives Inc aims to foster a healthier and more vibrant community, continuing the legacy of the former Lee Hospital.
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Impact
October, 2024
Lee Initiatives Inc plays a vital role in enhancing the quality of life for residents in the former Lee Hospital service area in West Central Pennsylvania. By managing the resources of Lee Hospital, the organization directs grant funds to health-related organizations, ensuring that critical health services and programs are accessible to the community. This commitment to preserving the legacy of Lee Hospital not only supports immediate healthcare needs but also fosters long-term health benefits for the population it serves, ultimately contributing to a healthier and more vibrant community.
This information is meant to be a general summary of Lee Initiatives 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $444,150
- Program Service Revenue: $386,895
- Gross Receipts: $18,626,392
Assets and Liabilities:
- Total Assets: $20,298,803
- Total Liabilities: $190,172
- Net Assets: $20,108,631
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$386,895
Organization Details
Founding Year
1981
Phone
(814) 533-0751Principal Officer
David Gray
Main Address
321 MAIN STREET SUITE 4A, JOHNSTOWN, PA, 15901
Website
www.leeinitiatives.comNTEE Category
Code: E11 - Health
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