Overview
What is Lawrence County Memorial Hospital Endowment & Development Foundation?
The Lawrence County Memorial Hospital Endowment & Development Foundation is a nonprofit organization located at 2200 State Street, Lawrenceville, IL 62439. Its primary mission is to provide philanthropic support for Lawrence County Memorial Hospital. This support is achieved through various fundraising activities and other means, with the aim of acquiring necessary equipment, facilitating facility development, and bolstering healthcare programs within the hospital. The foundation's work aims to enhance the quality and accessibility of healthcare services in the Lawrence County community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Lawrence County Memorial Hospital Endowment & Development Foundation holds a solid Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. With an overall score of 80%, the foundation demonstrates a commitment to transparency and responsible management of its resources, which is crucial for instilling donor confidence.
One of the foundation's notable strengths is its governance structure, featuring a fully independent board consisting of 15 members, all of whom contribute to sound decision-making processes. The organization has also effectively ensured no material diversion of assets and maintains an excellent liabilities to assets ratio of 0.00%, showcasing financial stability. Additionally, the foundation's program expense ratio is impressively high at 99.85%, indicating that almost all contributions directly support its mission.
While the overall rating is favorable, it is important to remain aware of any potential challenges or limitations that may arise in specific operational areas not covered in the available data. However, based on the information presented, the Lawrence County Memorial Hospital Endowment & Development Foundation appears to be effectively managing its finances and governance, positioning it as a reliable entity for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Lawrence County Memorial Hospital Endowment & Development Foundation legitimate?
Lawrence County Memorial Hospital Endowment & Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lawrence County Memorial Hospital Endowment & Development Foundation 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
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What is the mission statement of Lawrence County Memorial Hospital Endowment & Development Foundation?
The Lawrence County Memorial Hospital Endowment & Development Foundation focuses on providing philanthropic support primarily through fundraising and various activities. Their primary objective is to acquire necessary equipment, facilitate facility development, and support programs at Lawrence County Memorial Hospital. This non-profit organization aims to enhance the hospital's capabilities and services, ultimately benefiting its patients and community.
Who is the CEO of Lawrence County Memorial Hospital Endowment & Development Foundation?
Derek Mccullough is the Director of Lawrence County Memorial Hospital Endowment & Development Foundation. The CEO's salary of Lawrence County Memorial Hospital Endowment & Development Foundation is $0 and their total compensation is $0.
What is the revenue of Lawrence County Memorial Hospital Endowment & Development Foundation?
Lawrence County Memorial Hospital Endowment & Development Foundation's revenue in 2022 was $23,744.
Who are the executives of Lawrence County Memorial Hospital Endowment & Development Foundation and what are their salaries?
There 12 volunteers at Lawrence County Memorial Hospital Endowment & Development Foundation.
Here are 17 key members and their salaries (Lawrence County Memorial Hospital Endowment & Development Foundation's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Lawrence County Memorial Hospital Endowment & Development Foundation?
Lawrence County Memorial Hospital Endowment & Development Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lawrence County Memorial Hospital Endowment & Development Foundation
The Lawrence County Memorial Hospital Endowment & Development Foundation is a charitable organization dedicated to providing philanthropic support for Lawrence County Memorial Hospital. Their primary mission involves fundraising and engaging in various activities to acquire essential equipment, facilitate facility development, and support hospital programs. By doing so, they aim to enhance the quality of healthcare services offered at Lawrence County Memorial Hospital. The foundation plays a crucial role in ensuring the hospital remains equipped with the necessary resources to cater to the needs of its patients, thus contributing to the overall well-being of the community.
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Impact
August, 2024
Lawrence County Memorial Hospital Endowment & Development Foundation's impact can be seen in the significant support it provides to Lawrence County Memorial Hospital. Through fundraising efforts and other activities, the foundation helps in acquiring equipment, developing facilities, and supporting various programs at the hospital. This assistance plays a vital role in enhancing the hospital's capabilities, ensuring it can provide high-quality healthcare services to the community.
This information is meant to be a general summary of Lawrence County Memorial Hospital Endowment & Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $12,297
- Gross Receipts: $23,744
Assets and Liabilities:
- Total Assets: $464,186
- Total Liabilities: $0
- Net Assets: $464,186
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Organization Details
Founding Year
1961
Phone
(618) 943-7202Principal Officer
Derek Mccullough
Main Address
2200 STATE STREET, LAWRENCEVILLE, IL, 62439
NTEE Category
Code: E22 - Health
If you are a representative of Lawrence County Memorial Hospital Endowment & Development 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.