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Wc Heiam Medical Foundation

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

EIN: 411729393 ✦ Cook, MN ✦ Designated as a 501(c)(3)

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Overview

What is Wc Heiam Medical Foundation?

Wc Heiam Medical Foundation is a charitable organization that focuses on raising funds to support essential healthcare services in the community. Specifically, they aim to aid in the continued operation of Cook Hospital, Scenic Rivers Clinic, and local ambulance services. By providing financial assistance, they ensure these facilities can continue delivering critical healthcare services to those in need. The Foundation's mission underscores a commitment to maintaining access to quality medical care and emergency services for the benefit of the community.


Official website here: www.heiamfoundation.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 76% (Three-Star out of Four Star rating)

The Wc Heiam Medical Foundation has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The charity's overall score reflects the foundation's strong commitment to transparency, particularly evident through its independent board composition and the absence of material asset diversion. With a perfect program expense ratio, the foundation allocates all of its expenses directly towards its programs.

However, there are notable limitations in the foundation's governance policies. The absence of a conflict of interest policy, whistleblower policy, and a document retention and destruction policy detracts from its overall accountability score. These missing elements suggest areas for improvement that could enhance the foundation's trustworthiness and operational integrity.

Despite these gaps, the foundation maintains a high level of fiscal responsibility, as demonstrated by its zero liabilities to assets ratio. This financial stability, combined with independent board oversight, positions the Wc Heiam Medical Foundation as a responsible organization, though enhanced governance practices would further strengthen its credibility.


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

Is Wc Heiam Medical Foundation legitimate?

Wc Heiam Medical Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wc Heiam Medical 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


Official website here: www.heiamfoundation.org

What is the mission statement of Wc Heiam Medical Foundation?

The Wc Heiam Medical Foundation's mission lies in raising funds to support the ongoing operation of Cook Hospital, Scenic Rivers Clinic, and local ambulance services. Their primary goal is to ensure the continued availability of these essential healthcare facilities and emergency response services for their community. By doing so, they aim to contribute significantly to the overall health and well-being of the people they serve.


Official website here: www.heiamfoundation.org

Who is the CEO of Wc Heiam Medical Foundation?

Sally Ludlow is the President of Wc Heiam Medical Foundation.


Official website here: www.heiamfoundation.org

What is the revenue of Wc Heiam Medical Foundation?

Wc Heiam Medical Foundation's revenue in 2022 was -$233,961.


Official website here: www.heiamfoundation.org

Who are the executives of Wc Heiam Medical Foundation and what are their salaries?

There 15 volunteers at Wc Heiam Medical Foundation.


Here are 3 key members and their salaries:


Bill Michaelson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Carson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Ludlow (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.heiamfoundation.org

Where can I find the form 990 for Wc Heiam Medical Foundation?

Wc Heiam Medical Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.heiamfoundation.org

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

Mission Statement of Wc Heiam Medical Foundation

The Wc Heiam Medical Foundation is dedicated to raising funds for the continued operation of Cook Hospital, Scenic Rivers Clinic, and local ambulance services. In essence, the foundation aims to ensure the sustainability of these essential healthcare facilities and emergency services, thereby contributing significantly to the community's overall health and well-being. By supporting the continued operation of these vital institutions, the Wc Heiam Medical Foundation plays a crucial role in maintaining access to quality healthcare and emergency services for local residents.

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Impact




June, 2024

Wc Heiam Medical Foundation's impact is significant in supporting the continued operation of Cook Hospital, Scenic Rivers Clinic, and local ambulance services in Cook, MN. By fundraising for these essential healthcare services, the foundation plays a crucial role in ensuring that the community has access to quality medical care and emergency services. Additionally, their focus on mental health through their support initiatives contributes to addressing the mental well-being of individuals in the region. Through their efforts, Wc Heiam Medical Foundation positively impacts the health and well-being of the local community.




This information is meant to be a general summary of Wc Heiam Medical 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
-$233,961 (2022)
Expenses
$58,259 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$375,985
  • Gross Receipts: $253,808

Assets and Liabilities:

  • Total Assets: $2,688,869
  • Total Liabilities: $0
  • Net Assets: $2,688,869

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Organization Details

Founding Year

1992

Principal Officer

Sally Ludlow

Main Address

PO BOX 1195, COOK, MN, 55723

NTEE Category

Code: F99Z - Mental health

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