Overview
What is Service League Of Methodist Medical Center?
Service League of Methodist Medical Center is a nonprofit organization situated in Peoria, Illinois, with a focus on operating a gift shop for the patients, visitors, and employees of the Methodist Medical Center of Illinois. The primary objective of this shop is to generate net proceeds, which are then donated to the Methodist Medical Center Foundation. This foundation, in turn, utilizes the funds for various charitable purposes, including equipping different departments, funding educational seminars, and supporting research programs within the hospital. The Service League operates with a small team of four individuals, contributing to the medical center's community and patient experience.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
The Service League Of Methodist Medical Center has received a solid three-star rating based on its performance in Accountability & Finance, which constitutes the entirety of its evaluation. The charity demonstrates a commendable level of transparency and governance, especially with a 100% independent board composition, indicating strong oversight. Additionally, the organization has a favorable liabilities to assets ratio of 0.40%, suggesting financial stability.
Strengths of this charity include its excellent program expense ratio, standing at 100%, which means all funds are directed towards its programs. The organization also scored top marks for document retention and board meeting minutes, reflecting a commitment to responsible management and regulatory compliance. However, specific areas for improvement are not highlighted in the data, but maintaining consistency in financial practices will be crucial for sustaining its rating.
This AI summary has been generated from information found on Charity Navigator.
Is Service League Of Methodist Medical Center legitimate?
Service League Of Methodist Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Service League Of Methodist Medical Center 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.
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Official website here: www.none
What is the mission statement of Service League Of Methodist Medical Center?
The Service League of Methodist Medical Center operates a gift shop primarily for the benefit of patients, their visitors, and hospital employees. The primary objective of this operation is to donate the net profits to the Methodist Medical Center Foundation. This foundation, in turn, utilizes the funds to support various departments of the medical center by providing equipment, funding educational seminars, and supporting research programs. The goal is to enhance the quality of care and services offered at the Methodist Medical Center.
Official website here: www.none
Who is the CEO of Service League Of Methodist Medical Center?
Diane Mccormick is the Recording Secretary of Service League Of Methodist Medical Center.
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What is the revenue of Service League Of Methodist Medical Center?
Service League Of Methodist Medical Center's revenue in 2023 was $63,120.
Official website here: www.none
Who are the executives of Service League Of Methodist Medical Center and what are their salaries?
There are 4 employees and 115 volunteers at Service League Of Methodist Medical Center.
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Service League Of Methodist Medical Center
The Service League of Methodist Medical Center is dedicated to operating a gift shop within the Methodist Medical Center of Illinois. This endeavor serves the needs of patients, their visitors, and the center's employees. The primary objective of this venture is to generate proceeds, which are then donated to the Methodist Medical Center Foundation. This foundation, in turn, utilizes the funds for charitable purposes such as equipping various departments within the medical center, financing educational programs, seminars, and research initiatives. By operating the gift shop, the Service League of Methodist Medical Center contributes to enhancing the overall well-being of the medical center and its community.
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Impact
August, 2024
Service League Of Methodist Medical Center's impact is felt through its operation of a gift shop that serves patients, visitors, and employees of Methodist Medical Center of Illinois. The net proceeds generated from this endeavor are then donated to the Methodist Medical Center Foundation. This support enables the foundation to provide essential equipment, education, seminars, and research programs to various departments within the medical center. Through their efforts, Service League Of Methodist Medical Center plays a crucial role in enhancing the healthcare services and resources available to the community in Peoria, Illinois.
This information is meant to be a general summary of Service League Of Methodist Medical Center. 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 2023.
- Investment Income: $367
- Gross Receipts: $162,131
Assets and Liabilities:
- Total Assets: $174,495
- Total Liabilities: -$9,403
- Net Assets: $183,898
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Organization Details
Founding Year
1951
Phone
(309) 672-5717Principal Officer
Diane Mccormick
Main Address
221 NE GLEN OAK AVE, PEORIA, IL, 616360002
Website
www.noneNTEE Category
Code: E80 - Health
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