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Health Legacy Of Cleveland

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

EIN: 341509482 ✦ Cleveland, OH ✦ Designated as a 501(c)(3)

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Overview

What is Health Legacy Of Cleveland?

Health Legacy of Cleveland is a nonprofit organization committed to enhancing the representation of African American physicians and dentists in the Greater Cleveland area. To achieve this goal, the foundation collects storage fees of $1,700 and investment fees of $300, invests in E&O insurance worth $770, and grants scholarship awards valued at $10,000. Additionally, it manages bank charges and merchant fees around $135, and incurs an insurance expense totaling $775. The organization's mission is to expand the pool of healthcare professionals from the African American community in the Cleveland area, thereby contributing to a more diverse and inclusive healthcare landscape.


Official website here: www.healthlegacycleveland.org

Is Health Legacy Of Cleveland legitimate?

Health Legacy Of Cleveland is a legitimate nonprofit organization registered as a 501(c)(3) entity. Health Legacy Of Cleveland submitted a form 990EZ, 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.


Official website here: www.healthlegacycleveland.org

What is the mission statement of Health Legacy Of Cleveland?

Health Legacy Of Cleveland's mission is centered around enhancing the representation of African American physicians and dentists in various medical fields. To accomplish this, the foundation implements various strategies. These include levying storage fees and investment fees, covering E&O insurance, offering scholarship awards, and managing other operational expenses. The primary goal is to increase the number of African American healthcare professionals in the relevant field, thereby contributing to a more diverse and inclusive medical community.


Official website here: www.healthlegacycleveland.org

Who is the CEO of Health Legacy Of Cleveland?

Betsy Soremekum is the President of Health Legacy Of Cleveland.


Official website here: www.healthlegacycleveland.org

What is the revenue of Health Legacy Of Cleveland?

Health Legacy Of Cleveland's revenue in 2022 was $9,570.


Official website here: www.healthlegacycleveland.org

Who are the executives of Health Legacy Of Cleveland and what are their salaries?


Here are 4 key members and their salaries:


Betsy Soremekum (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cordelia Harris (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roderick H Adams (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Ashby (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.healthlegacycleveland.org

Where can I find the form 990EZ for Health Legacy Of Cleveland?

Health Legacy Of Cleveland's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.healthlegacycleveland.org

Learn more at the official website: www.healthlegacycleveland.org

Mission Statement of Health Legacy Of Cleveland

Health Legacy of Cleveland is a nonprofit organization with a mission to enhance the number of African American physicians and dentists in the greater Cleveland area. To achieve this goal, the foundation employs various strategies. It collects storage fees amounting to $1,700 and investment fees totaling $300. Furthermore, Health Legacy of Cleveland covers E&O insurance costs, which amount to $770. The organization also awards scholarships valued at $10,000 to support aspiring medical professionals. Additionally, the foundation incurs bank charges and merchant fees, approximating $135, and spends $775 on insurance expenses. By implementing these initiatives, Health Legacy of Cleveland aims to increase the representation of African American medical professionals in the field, thereby contributing to a more diverse and inclusive healthcare system.

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Impact




August, 2024

Health Legacy of Cleveland has made a significant impact on the Greater Cleveland area by working towards increasing the representation of African American physicians and dentists in the healthcare field. Through its efforts, the organization has not only provided scholarship awards totaling $10,000 to support aspiring medical professionals but has also invested in essential resources like E&O insurance and incurred necessary expenses to further its mission. By fostering the growth of underrepresented healthcare professionals, Health Legacy of Cleveland is contributing to a more diverse and inclusive healthcare system that can better serve the community.




This information is meant to be a general summary of Health Legacy Of Cleveland. 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
$9,570 (2022)
Expenses
$17,612 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $9,570

Assets and Liabilities:

  • Total Assets: $139,373
  • Total Liabilities: $0
  • Net Assets: $139,373

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Organization Details

Principal Officer

Betsy Soremekum

Main Address

P O BOX 201519, CLEVELAND, OH, 44120

NTEE Category

Code: E70 - Health

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