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Lakes Regional Healthcare Foundation

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

EIN: 275079693 ✦ Spirit lake, IA ✦ Designated as a 501(c)(3)

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Overview

What is Lakes Regional Healthcare Foundation?

Lakes Regional Healthcare Foundation is a charitable organization based in Spirit Lake, Iowa. Its primary objective is to gather contributions, donations, grants, and bequests from individuals, foundations, and entities, both public and private. The income generated from these sources is utilized to support and advance the functions of Lakes Regional Healthcare, an Iowa county hospital. One of the key purposes of this foundation is to assist in recruiting skilled healthcare professionals to cater to the needs of the local community. The foundation also aims to fund a comprehensive audit to identify the primary sources of fundraising for the hospital. By doing so, they contribute significantly to enhancing the healthcare services available in their region.

Is Lakes Regional Healthcare Foundation legitimate?

Lakes Regional Healthcare Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakes Regional Healthcare Foundation 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

What is the mission statement of Lakes Regional Healthcare Foundation?

The Lakes Regional Healthcare Foundation's mission is to collect donations, gifts, grants, and bequests from various entities to support Lakes Regional Healthcare, a hospital serving a specific region. The primary purpose of these funds is to help Lakes Regional Healthcare carry out its functions and achieve its objectives, including recruiting qualified healthcare practitioners to serve the local community. The foundation uses the income from these donations for their intended purposes, contributing to the overall benefit of the healthcare institution.

Who is the CEO of Lakes Regional Healthcare Foundation?

Michael Sandy is the Vice Preside of Lakes Regional Healthcare Foundation.

What is the revenue of Lakes Regional Healthcare Foundation?

Lakes Regional Healthcare Foundation's revenue in 2022 was $172,355.

Who are the executives of Lakes Regional Healthcare Foundation and what are their salaries?


Here are 8 key members and their salaries:


Keith Deitering (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mcmahon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Staver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Fahy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Jungers (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Sandy (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lakes Regional Healthcare Foundation?

Lakes Regional Healthcare Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lakes Regional Healthcare Foundation

Lakes Regional Healthcare Foundation, a nonprofit organization, is dedicated to soliciting and managing donations, gifts, grants, and bequests for the benefit of Lakes Regional Healthcare, an Iowa county hospital. Its primary objective is to utilize these contributions to perform the functions and carry out the purposes of Lakes Regional Healthcare. A significant part of this mission involves recruiting qualified healthcare practitioners to serve the residents within Lakes Regional Healthcare's service area. This mission aims to enhance the overall healthcare services available to the community, ensuring that residents have access to skilled medical professionals. By doing so, the foundation contributes to the well-being and health of the community, ultimately improving the quality of life for its residents.

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Impact




October, 2024

Lakes Regional Healthcare Foundation significantly enhances healthcare services for the community by securing crucial funding through contributions, gifts, grants, and bequests. This support directly benefits Lakes Regional Healthcare, an Iowa county hospital, by facilitating the recruitment of qualified healthcare practitioners to serve local residents.

Recent initiatives have included purchasing comfortable furnishings for hospice patients and their families, creating a supportive environment during critical times. Furthermore, the Foundation has undertaken development audits to identify key fundraising opportunities, ensuring a sustainable future for essential healthcare services. By fostering these initiatives, Lakes Regional Healthcare Foundation plays a vital role in improving and maintaining accessible, high-quality healthcare for the Spirit Lake community.




This information is meant to be a general summary of Lakes Regional Healthcare Foundation. 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
$172,355 (2022)
Expenses
$25,437 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $20,162
  • Gross Receipts: $210,750

Assets and Liabilities:

  • Total Assets: $910,794
  • Total Liabilities: $0
  • Net Assets: $910,794

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Organization Details

Founding Year

2010

Principal Officer

Michael Sandy

Main Address

HWY 71 SOUTH BOX AB, SPIRIT LAKE, IA, 51360

NTEE Category

Code: E112 - Health

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