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Rice Memorial Clinic Foundation

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

EIN: 386067017 ✦ Hancock, MI ✦ Designated as a 501(c)(3)

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Overview

What is Rice Memorial Clinic Foundation?

The Rice Memorial Clinic Foundation, based in Houghton, MI, is a non-profit organization dedicated to supporting mental health services. It accomplishes this by providing grants to Copper Country Mental Health Services to cover operational costs, ensuring that essential mental health care remains accessible. Furthermore, the foundation offers scholarships to students who are pursuing degrees in the field of mental health, fostering the next generation of mental health professionals. In summary, the Rice Memorial Clinic Foundation plays a crucial role in the community by supporting mental health services and investing in the future of mental health care.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.

The Rice Memorial Clinic Foundation has received a Two-Star rating from Charity Navigator, reflecting an overall accountability and finance score of 73%. The foundation excels in several areas, with a fully independent board and no reported material diversion of assets. Additionally, it demonstrates a strong program expense ratio at 77.19%, indicating that a significant portion of its funds is directed toward its programs.

However, the organization has notable limitations concerning transparency and governance policies. It lacks critical documentation such as a conflict of interest policy, whistleblower policy, and a document retention and destruction policy. Moreover, the absence of the nonprofit's tax form on its website raises concerns about accessibility and adherence to best practices in financial transparency.


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

Is Rice Memorial Clinic Foundation legitimate?

Rice Memorial Clinic Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rice Memorial Clinic 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

For more financial information, click here

What is the mission statement of Rice Memorial Clinic Foundation?

The Rice Memorial Clinic Foundation aims to advance mental health services by providing financial support. Specifically, it grants funds to mental health organizations, such as Copper Country Mental Health Services, to help cover their operational costs. Additionally, the foundation offers scholarships for students who are pursuing degrees in the field of mental health. In this way, the foundation is working to support the provision of mental health services and to train the next generation of mental health professionals.

Who is the CEO of Rice Memorial Clinic Foundation?

Kristine Weidner is the Chairperson of Rice Memorial Clinic Foundation.

What is the revenue of Rice Memorial Clinic Foundation?

Rice Memorial Clinic Foundation's revenue in 2022 was $214,314.

Who are the executives of Rice Memorial Clinic Foundation and what are their salaries?


Here are 7 key members and their salaries:


Kristine Weidner (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katrina Carlson (Vice Chairpe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cari Raboin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Bach (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mikkola (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Lindberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Gayk (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rice Memorial Clinic Foundation?

Rice Memorial Clinic Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Rice Memorial Clinic Foundation

The Rice Memorial Clinic Foundation, a charitable organization, is dedicated to advancing mental health services. Through its mission, the Foundation provides financial aid to Copper Country Mental Health Services in the form of grants, helping to cover their operational costs. In addition, the Foundation extends its support to students who are pursuing a career in mental health by offering scholarships. In essence, the Rice Memorial Clinic Foundation is a key player in fostering mental health services and promoting education in the field.

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Impact




June, 2024

The Rice Memorial Clinic Foundation has a significant impact on the mental health services in Houghton, MI. Through grants provided to Copper Country Mental Health Services, the foundation plays a crucial role in covering the operating expenses of the organization. Additionally, by offering scholarships for students pursuing a degree in the field of mental health, the foundation contributes to the future workforce in mental health services. This support helps improve access to mental health care and fosters the development of professionals in the field.




This information is meant to be a general summary of Rice Memorial Clinic 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
$214,314 (2022)
Expenses
$111,337 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $213,723
  • Gross Receipts: $664,148

Assets and Liabilities:

  • Total Assets: $4,146,698
  • Total Liabilities: $0
  • Net Assets: $4,146,698

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Organization Details

Founding Year

1964

Principal Officer

Kristine Weidner

Main Address

235 QUINCY STREET, HANCOCK, MI, 49930

NTEE Category

Code: F120 - Mental health

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