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Reading Emergency Unit Inc

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

EIN: 382415274 ✦ Hillsdale, MI ✦ Designated as a 501(c)(3)

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Overview

What is Reading Emergency Unit Inc?

Reading Emergency Unit Inc, located in Hillsdale County, Michigan, serves as a vital resource for the community. As a nonprofit organization, their primary mission is to provide ambulance and rescue services in the event of accidents, illnesses, or emergencies to numerous residents in the area and beyond. They are dedicated to ensuring the well-being of their community, offering emergency medical training to their employees and local community members as well. With a workforce of 43 individuals, Reading Emergency Unit Inc continually strives to deliver top-notch ambulatory care and rescue services, ensuring they are always prepared to respond to any urgent situation.


Official website here: www.readingemergency.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 85% - Three-Star out of Four Star rating

Reading Emergency Unit Inc has achieved a solid 85% score on Charity Navigator, reflecting a strong commitment to accountability and financial management. The organization benefits from a fully independent board, with all members meeting the criteria for independence, which fosters transparency and effective governance. This is complemented by a high score in audit and oversight, indicating that the charity conducts thorough financial oversight.

The charity demonstrates an impressive program expense ratio of 76.47%, suggesting that a significant portion of its funds is directed towards its programs and missions rather than administrative costs. Additionally, it has policies in place such as a conflict of interest policy and a whistleblower policy, which are crucial for maintaining ethical standards and protecting stakeholders.

However, there is a notable area for improvement with a liabilities to assets ratio of 59.31%, indicating that the organization's liabilities are relatively high compared to its assets. This could suggest some financial risk, and stakeholders may want to monitor this trend closely as it could influence the charity's long-term sustainability and operational capacity. Overall, Reading Emergency Unit Inc shows strong governance and effective use of funds, although attention to its financial liabilities is warranted.


This AI summary has been generated from information found on Charity Navigator.

Is Reading Emergency Unit Inc legitimate?

Reading Emergency Unit Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reading Emergency Unit 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: $1,134,985

For more financial information, click here


Official website here: www.readingemergency.org

What is the mission statement of Reading Emergency Unit Inc?

The mission of Reading Emergency Unit Inc, as stated, is primarily focused on providing urgent medical assistance. Specifically, they offer ambulatory care and rescue services in situations of accidents, illnesses, or emergencies. They extend their services to a significant number of residents in Hillsdale County and its surrounding areas. Furthermore, the organization is dedicated to facilitating emergency medical training for their employees and the wider community.


Official website here: www.readingemergency.org

Who is the CEO of Reading Emergency Unit Inc?

Terry Esterline is the President of Reading Emergency Unit Inc.


Official website here: www.readingemergency.org

What is the revenue of Reading Emergency Unit Inc?

Reading Emergency Unit Inc's revenue in 2022 was $2,165,344.


Official website here: www.readingemergency.org

Who are the executives of Reading Emergency Unit Inc and what are their salaries?

The average compensation at Reading Emergency Unit Inc during 2022 was $26,395. There are 43 employees at Reading Emergency Unit Inc.


Here are 6 key members and their salaries:


Terry Esterline (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Games (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Thomas (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcey Boone (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Namrata Carolan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.readingemergency.org

Where can I find the form 990 for Reading Emergency Unit Inc?

Reading Emergency Unit Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.readingemergency.org

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

Mission Statement of Reading Emergency Unit Inc

Reading Emergency Unit Inc is committed to providing vital assistance in cases of accidents, illnesses, or emergencies. Their primary objective is to offer ambulatory care and rescue services, ensuring the wellbeing of numerous residents in Hillsdale County and its surrounding areas. Beyond their direct services, Reading Emergency Unit Inc also extends emergency medical training to their employees and the wider community, further strengthening the region's capacity to handle health crises.

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Impact




July, 2024

Reading Emergency Unit Inc has a significant impact on the community by providing essential ambulatory care and rescue services during emergencies. They offer prompt ambulance and rescue services to numerous residents in Hillsdale County and the surrounding area, ensuring rapid and critical medical assistance when needed most. Additionally, the organization contributes to the community's safety and well-being by providing emergency medical training to both employees and community members, equipping them with the necessary skills to respond effectively in crisis situations. Through their dedicated efforts, Reading Emergency Unit Inc plays a crucial role in safeguarding the health and safety of individuals in times of accidents, illnesses, and other emergencies.




This information is meant to be a general summary of Reading Emergency Unit 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.

Revenue
$2,165,344 (2022)
Expenses
$2,227,450 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $17,264
  • Program Service Revenue: $1,256,161
  • Gross Receipts: $2,165,344

Assets and Liabilities:

  • Total Assets: $1,714,247
  • Total Liabilities: $1,016,890
  • Net Assets: $697,357

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

NET PATIENT SERVICE REVENUE

Revenue

$1,219,178

TRAINING CENTER REVENUE

Revenue

$24,895

BAD DEBT RECOVERY

Revenue

$12,088

Organization Details

Founding Year

1971

Principal Officer

Terry Esterline

Main Address

30 MONROE STREET PO BOX 268, HILLSDALE, MI, 49242

NTEE Category

Code: E62Z - Health

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