Overview
What is Goldencare Inc?
Goldencare Inc is a nonprofit organization, dedicated to serving one or more purposes as outlined in section 501(c)(3) of the Internal Revenue Code. This includes providing financial assistance to other qualifying charitable organizations. While the specific activities or mission of Goldencare Inc are not explicitly stated in the provided information, it is noted that they are authorized to make distributions to such organizations. The organization operates under the guidelines of section 501(c)(3) of the Internal Revenue Code, which stipulates that they are exempt from federal income tax and may receive tax-deductible contributions.
Official website here: www.godlencareinc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Goldencare Inc has received an 81% rating from Charity Navigator, which reflects a strong commitment to accountability and finance. The organization's score is based entirely on its accountability metrics, indicating a focus on maintaining financial integrity and transparency. The presence of a fully independent board and a lack of material diversion of assets further underscores its robust governance practices.
The nonprofit demonstrates excellent fiscal health, with a program expense ratio of 97.04%, meaning the majority of its expenditures are directed towards its programs rather than administrative costs. The organization has established comprehensive policies, including conflict of interest, whistleblower, and document retention policies, all of which contribute to a culture of accountability and trustworthiness.
While the rating is positive, it is important for potential donors and stakeholders to consider the potential limitations of a single metric-based evaluation. Such ratings do not provide a complete picture of an organization's overall impact or effectiveness in achieving its mission, which may require a deeper dive into its programs and community engagements.
This AI summary has been generated from information found on Charity Navigator.
Is Goldencare Inc legitimate?
Goldencare Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goldencare 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: $65,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $950,577
For more financial information, click here
Official website here: www.godlencareinc.com
What is the mission statement of Goldencare Inc?
Goldencare Inc, as per its mission statement outlined in section 501 (c) (3) of the Internal Revenue Code, is dedicated to serving one or more charitable purposes. This includes making distributions to organizations that fall under the same exempt category as Goldencare Inc. The organization's activities are aimed at achieving these charitable objectives, contributing to various societal causes that qualify under the specified section of the Internal Revenue Code.
Official website here: www.godlencareinc.com
Who is the CEO of Goldencare Inc?
Joseph P Goldsmith is the President of Goldencare Inc.
Official website here: www.godlencareinc.com
What is the revenue of Goldencare Inc?
Goldencare Inc's revenue in 2021 was $2,075,679.
Official website here: www.godlencareinc.com
Who are the executives of Goldencare Inc and what are their salaries?
The average compensation at Goldencare Inc during 2021 was $9,860. There are 103 employees at Goldencare Inc.
Here are 6 key members and their salaries:
- Compensation: $65,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.godlencareinc.com
Where can I find the form 990 for Goldencare Inc?
Goldencare Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.godlencareinc.com
Learn more at the official website: www.godlencareinc.com
Mission Statement of Goldencare Inc
Goldencare Inc, as per its mission statement, is an organization that operates with the primary objective of serving one or more purposes as outlined in section 501 (c) (3) of the Internal Revenue Code. This nonprofit organization is dedicated to making distributions to other organizations that also fall under this category, specifically those that qualify as exempt organizations under section 501 (c) (3) of the code. In simpler terms, Goldencare Inc is committed to contributing to causes that are recognized as tax-exempt by the Internal Revenue Service, with a focus on making donations to similar organizations.
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Impact
October, 2024
Goldencare Inc significantly impacts the community by focusing on health-related initiatives that enhance the well-being of individuals and families. By aligning its efforts with the guidelines of section 501(c)(3) of the Internal Revenue Code, Goldencare Inc actively supports and facilitates the distribution of resources to other qualifying organizations dedicated to similar philanthropic goals. This collaboration amplifies their reach and effectiveness in addressing health issues, ensuring that vital services are accessible to those in need. Located in Lancaster, SC, Goldencare Inc's mission is a vital contribution to the health landscape, fostering partnerships that prioritize community health and support essential programs.
This information is meant to be a general summary of Goldencare 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 2021.
- Investment Income: $333
- Program Service Revenue: $1,500,335
- Gross Receipts: $2,075,679
Assets and Liabilities:
- Total Assets: $1,283,275
- Total Liabilities: $16,926
- Net Assets: $1,266,349
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENUE
Revenue
$1,500,335
Organization Details
Founding Year
2001
Principal Officer
Joseph P Goldsmith
Main Address
403 WEST MEEETING ST, LANCASTER, SC, 29720
Website
www.godlencareinc.comNTEE Category
Code: E91 - Health
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