Overview
What is Jennings American Legion Hospital Foundation Inc?
Jennings American Legion Hospital Foundation Inc is a charitable organization, situated in Jennings, Louisiana. Its primary function is to manage and utilize funds, gifts, bequests, or devises, primarily for the benefit of Jennings American Legion Hospital, Inc. The foundation has the authority to distribute these funds for charitable, scientific, or educational purposes, as per Section 501 (c) (3) of the Internal Revenue Code. The foundation's activities are designed to support and enhance the operations of Jennings American Legion Hospital, Inc. by making allocations or grants to eligible organizations, ensuring that their work positively impacts the hospital.
Is Jennings American Legion Hospital Foundation Inc legitimate?
Jennings American Legion Hospital Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jennings American Legion Hospital 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
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What is the mission statement of Jennings American Legion Hospital Foundation Inc?
The Jennings American Legion Hospital Foundation Inc's mission is centered around managing funds and properties for the benefit of Jennings American Legion Hospital Inc. The foundation receives and maintains gifts, devises, or bequests of property or funds, utilizing the income to support the hospital's activities. It also has the authorization to make allocations or grants for charitable, scientific, or educational purposes, as long as these organizations contribute positively to Jennings American Legion Hospital Inc. The foundation's purpose is to operate under Section 501 (c) (3) of the Internal Revenue Code of 1986, enabling it to make distributions to exempt organizations whose activities benefit Jennings American Legion Hospital Inc.
Who is the CEO of Jennings American Legion Hospital Foundation Inc?
Richard Arceneaux is the Chairman of Jennings American Legion Hospital Foundation Inc.
What is the revenue of Jennings American Legion Hospital Foundation Inc?
Jennings American Legion Hospital Foundation Inc's revenue in 2022 was $190,504.
Who are the executives of Jennings American Legion Hospital Foundation Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Jennings American Legion Hospital Foundation Inc?
Jennings American Legion Hospital Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Jennings American Legion Hospital Foundation Inc
Jennings American Legion Hospital Foundation Inc's mission revolves around managing and allocating funds for the betterment of Jennings American Legion Hospital Inc. The foundation receives and maintains gifts, devises, or bequests of property or funds. It then applies the income from these funds, and in some cases, the principal, for the benefit of the hospital. The Board of Trustees has the authority to allocate funds to organizations that fall under Section 501 (c) (3) of the Internal Revenue Code of 1986, provided that the activities of these organizations benefit Jennings American Legion Hospital Inc. Essentially, the mission of Jennings American Legion Hospital Foundation Inc is to support and enhance the operations of Jennings American Legion Hospital Inc, while also contributing to charitable, scientific, or educational purposes. The foundation serves as a bridge, channeling resources to organizations that can further the hospital's objectives, ensuring that its mission extends beyond its immediate boundaries.
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Impact
October, 2024
Jennings American Legion Hospital Foundation Inc. plays a vital role in supporting the operations and mission of Jennings American Legion Hospital, Inc. By managing and directing funds received through various gifts, bequests, and donations, the foundation ensures that financial resources are allocated effectively to benefit healthcare services in the community.
Through the foundation's efforts, critical investments are made in charitable, scientific, and educational initiatives, enhancing the quality of care provided by the hospital. These allocations not only support the hospital’s direct services but also foster collaborations with other exempt organizations, amplifying the overall impact on health and wellness in Jennings, Louisiana.
Moreover, the foundation’s commitment to youth development initiatives adds an essential dimension to its work, focusing on fostering future generations by providing targeted support and resources. By maintaining these funds and strategically applying them, Jennings American Legion Hospital Foundation Inc. significantly contributes to the sustainability and improvement of healthcare systems and programs, ultimately serving the broader community's needs.
This information is meant to be a general summary of Jennings American Legion Hospital 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $825
- Gross Receipts: $210,833
Assets and Liabilities:
- Total Assets: $570,374
- Total Liabilities: $0
- Net Assets: $570,374
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Organization Details
Founding Year
2009
Principal Officer
Richard Arceneaux
Main Address
1634 Elton Road, Jennings, LA, 70546
NTEE Category
Code: O11 - Youth development
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