Overview
What is Lions Of Michigan Service Foundation Inc?
Lions of Michigan Service Foundation Inc is a nonprofit organization situated in Lansing, Michigan. With a team of three dedicated individuals, their primary mission is to collaborate with Lions Clubs and community groups to assist disadvantaged individuals, particularly those in Michigan who are uninsured or underinsured. Their focus is on providing affordable medical care and services, especially for the treatment of vision and hearing issues. The foundation aims to enhance the quality of life for these individuals by offering financial assistance and services for hearing improvement.
Official website here: www.lmsf.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Lions Of Michigan Service Foundation Inc boasts an impressive rating of 96%, reflecting strong performance in both accountability and finance as well as leadership and adaptability. The organization has a perfect accountability score, with 100% of its board members being independent, indicating a strong commitment to governance and ethical oversight.
Strengths highlighted include a high program expense ratio of 83.45%, which suggests that a substantial portion of their financial resources is directed toward their programs and services. Additionally, the foundation has received full marks in various areas such as conflict of interest policies and financial audits, reinforcing its transparency and responsible financial management.
While the organization exhibits robust strengths, it is essential for potential donors and stakeholders to remain aware of the ongoing need for adaptability in a changing environment. Nevertheless, the Lions Of Michigan Service Foundation Inc's high score demonstrates a commendable level of operational effectiveness and a strong commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Lions Of Michigan Service Foundation Inc legitimate?
Lions Of Michigan Service Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lions Of Michigan Service Foundation 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: $134,316
For more financial information, click here
Official website here: www.lmsf.net
What is the mission statement of Lions Of Michigan Service Foundation Inc?
The Lions of Michigan Service Foundation's mission is to collaborate with Lions Clubs and other community groups in providing assistance to disadvantaged individuals, with a particular focus on helping uninsured and underinsured Michigan residents obtain affordable medical care and services, especially for the treatment of hearing and sight issues. Their activities aim to improve hearing and speech, offering services and financial aid to those suffering from hearing loss. The organization works towards making healthcare more accessible for those in need, contributing significantly to the well-being of the community.
Official website here: www.lmsf.net
What is the revenue of Lions Of Michigan Service Foundation Inc?
Lions Of Michigan Service Foundation Inc's revenue in 2024 was $677,179.
Official website here: www.lmsf.net
Who are the executives of Lions Of Michigan Service Foundation Inc and what are their salaries?
The average compensation at Lions Of Michigan Service Foundation Inc during 2024 was $67,158. There are 2 employees and 300 volunteers at Lions Of Michigan Service Foundation Inc.
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Official website here: www.lmsf.net
Where can I find the form 990 for Lions Of Michigan Service Foundation Inc?
Lions Of Michigan Service Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.lmsf.net
Learn more at the official website: www.lmsf.net
Mission Statement of Lions Of Michigan Service Foundation Inc
Lions of Michigan Service Foundation, a nonprofit organization, is committed to collaborating with Lions Clubs and other community groups to address the needs of disadvantaged individuals in Michigan. With a particular focus on uninsured and underinsured residents, the foundation aims to facilitate the procurement of affordable medical care and services, primarily for the treatment of hearing and sight issues. Through their efforts, the organization seeks to improve the lives of those struggling with hearing loss, offering services and financial assistance as necessary.
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Impact
July, 2024
The Lions Of Michigan Service Foundation Inc works closely with Lions clubs and other community groups in Lansing, MI to provide essential services for the disadvantaged, with a specific focus on assisting uninsured and underinsured Michigan residents in accessing affordable medical care. They prioritize providing treatments for sight and hearing issues, offering services and financial assistance to help individuals struggling with hearing loss. Through their dedication to community improvement, the foundation significantly impacts the quality of life for those in need by addressing crucial healthcare needs and promoting overall well-being.
This information is meant to be a general summary of Lions Of Michigan Service Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $92,812
- Gross Receipts: $1,616,488
Assets and Liabilities:
- Total Assets: $2,721,509
- Total Liabilities: $59,486
- Net Assets: $2,662,023
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Organization Details
Founding Year
1984
Principal Officer
Kerry Mcginley
Website
www.lmsf.netNTEE Category
Code: S80I - Community improvement
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