Overview
What is Catalina Island Medical Center Foundation Inc?
Catalina Island Medical Center Foundation Inc is a nonprofit organization based in Avalon, California, specifically at PO Box 524. Their primary role is to raise funds to support the Catalina Island Medical Center. They carry out their mission through fundraising and fund disbursement activities. Notably, the majority of their services are provided by volunteer board members, with only certain direct costs being expended. The foundation's goal is to contribute to the well-being and healthcare needs of the Catalina Island community.
Official website here: www.infocimcf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
The Catalina Island Medical Center Foundation Inc has received a two-star rating from Charity Navigator, indicating that there are significant areas for improvement within the organization. The overall score of 69% reflects strengths such as a high program expense ratio of 98.58%, suggesting that the majority of funds are directed towards program services rather than administrative costs. Additionally, the foundation has a fully independent board, which is a positive indicator of governance.
However, the foundation faces critical weaknesses in its accountability and finance practices. Notably, there are missing policies for conflict of interest, whistleblower protections, and document retention, which can raise concerns about transparency and oversight. Furthermore, financial statements are not available, resulting in a low score in that category, which inhibits a comprehensive assessment of the organization’s financial health.
Overall, while the foundation demonstrates a commitment to directing funds towards its programs and has a competent board structure, significant gaps in accountability practices and financial transparency hinder its rating. These limitations suggest that potential donors should exercise caution and seek further information before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Catalina Island Medical Center Foundation Inc legitimate?
Catalina Island Medical Center Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catalina Island Medical Center 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.infocimcf.org
What is the mission statement of Catalina Island Medical Center Foundation Inc?
The Catalina Island Medical Center Foundation Inc's primary mission is to gather funds to bolster the Catalina Island Medical Center. In fulfilling this objective, the foundation conducts its fundraising and disbursement activities. Notably, the foundation relies on volunteer board members to provide various services, with only certain direct costs being an exception. The foundation's primary role is to support the medical center, ensuring it has the necessary resources to deliver healthcare services to its community.
Official website here: www.infocimcf.org
Who is the CEO of Catalina Island Medical Center Foundation Inc?
Jeff Aronson is the President of Catalina Island Medical Center Foundation Inc.
Official website here: www.infocimcf.org
What is the revenue of Catalina Island Medical Center Foundation Inc?
Catalina Island Medical Center Foundation Inc's revenue in 2022 was $695,270.
Official website here: www.infocimcf.org
Who are the executives of Catalina Island Medical Center Foundation Inc and what are their salaries?
There 10 volunteers at Catalina Island Medical Center Foundation Inc.
Here are 10 key members and their salaries:
- 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
- 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.infocimcf.org
Where can I find the form 990 for Catalina Island Medical Center Foundation Inc?
Catalina Island Medical Center Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.infocimcf.org
Learn more at the official website: www.infocimcf.org
Mission Statement of Catalina Island Medical Center Foundation Inc
Catalina Island Medical Center Foundation Inc is committed to raising funds to support the Catalina Island Medical Center. In essence, the organization's primary mission is to manage and oversee fundraising activities, with the goal of providing financial aid to the medical center. The foundation's operations are largely driven by its volunteer board members who dedicate their time and expertise to its cause, ensuring that a significant portion of the raised funds directly benefit the medical center, except for some direct costs.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Catalina Island Medical Center Foundation Inc raises funds to support the Catalina Island Medical Center. By conducting fundraising and fund disbursement activities, the foundation plays a crucial role in ensuring the medical center has the resources needed to provide quality healthcare services to the community. The foundation's impact is seen in its ability to secure necessary funds for the medical center's operations and improvements, ultimately contributing to the health and well-being of residents and visitors on Catalina Island.
This information is meant to be a general summary of Catalina Island Medical Center 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: $119
- Gross Receipts: $781,155
Assets and Liabilities:
- Total Assets: $935,675
- Total Liabilities: $123
- Net Assets: $935,552
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1994
Principal Officer
Jeff Aronson
Main Address
PO BOX 524, AVALON, CA, 90704
Website
www.infocimcf.orgNTEE Category
Code: S50Z - Community improvement
If you are a representative of Catalina Island Medical Center Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.