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Lorain County Medical Society Foundation

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

EIN: 341671409 ✦ Elyria, OH ✦ Designated as a 501(c)(3)

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Overview

What is Lorain County Medical Society Foundation?

The Lorain County Medical Society Foundation is a charitable organization based in Lorain County. Their primary function is to collect funds and analyze community requirements to bolster local benevolent organizations, all while advancing the cause of promoting charitable initiatives within the community. By doing so, they aim to make a positive impact and contribute to the well-being of their area.

Is Lorain County Medical Society Foundation legitimate?

Lorain County Medical Society Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lorain County Medical Society Foundation 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.


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 Lorain County Medical Society Foundation?

The Lorain County Medical Society Foundation is dedicated to raising funds and analyzing community requirements to aid local charitable organizations in their charitable endeavors. Their mission is centered around promoting community-focused charity. The foundation utilizes the funds it raises to support these organizations, thereby contributing to the betterment of their respective communities.

What is the revenue of Lorain County Medical Society Foundation?

Lorain County Medical Society Foundation's revenue in 2024 was $71,234.

Who are the executives of Lorain County Medical Society Foundation and what are their salaries?

There is 1 key member and their salary:


Mario Sertich (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Lorain County Medical Society Foundation?

Lorain County Medical Society Foundation's most recent form 990EZ was submitted in 2024 and can be accessed here.

Mission Statement of Lorain County Medical Society Foundation

The Lorain County Medical Society Foundation serves a vital role in the community by raising funds and analyzing local needs. Its primary mission is to support various charitable organizations, with the ultimate goal of enhancing community charity. By investing in local initiatives, the foundation contributes to the betterment of the community as a whole. The Lorain County Medical Society Foundation operates independently, focusing solely on its mission to promote charitable activities within the community.

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Impact




August, 2024

The Lorain County Medical Society Foundation's impact is evident in its efforts to raise funds and study community needs to support local charitable organizations. By promoting community charity through their philanthropic activities, the foundation plays a significant role in addressing important issues and enhancing the well-being of the community in Elyria, Ohio.




This information is meant to be a general summary of Lorain County Medical Society 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
$71,234 (2024)
Expenses
$91,292 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Gross Receipts: $71,234

Assets and Liabilities:

  • Total Assets: $302,918
  • Total Liabilities: $2,845
  • Net Assets: $300,073

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Organization Details

Principal Officer

Mario Sertich

NTEE Category

Code: T22Z - Philanthropy

If you are a representative of Lorain County Medical Society Foundation 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.