Overview
What is Hospers Area Development Corp?
Hospers Area Development Corp is a nonprofit organization situated in Hospers, Iowa. Their primary mission is to foster community development by providing access to crucial healthcare facilities, specifically a local dialysis center. This initiative aims to enhance the well-being of the residents in Hospers and its surrounding areas, while also contributing to the economic growth of the city, both within its municipal boundaries and adjacent regions. The corporation achieves this by renting out a medical clinic and a dialysis center.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
Hospers Area Development Corp has achieved an impressive Four-Star rating based on its strong accountability and finance practices, with a perfect score of 100% in this area. This rating highlights the organization’s commitment to transparency and responsible financial management, which is crucial for building trust with donors and the community it serves.
The organization exhibits excellent governance, with a board composed entirely of independent members, ensuring unbiased oversight. Their policies regarding material diversion of assets, conflicts of interest, and whistleblower protections are well-established and documented, contributing to their high score. Furthermore, they maintain a strong program expense ratio of 97.01%, indicating that a significant portion of their resources is directed toward their mission-related activities.
Overall, Hospers Area Development Corp demonstrates a robust operational framework and sound financial practices, positioning them as a reliable nonprofit. However, as with any organization, continued vigilance in governance and financial management will be essential to maintain this high level of performance and donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Hospers Area Development Corp legitimate?
Hospers Area Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hospers Area Development Corp 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 Hospers Area Development Corp?
The Hospers Area Development Corp's mission is centered around providing access to a local dialysis center for the community and its surrounding areas, while simultaneously fostering economic development in the city of Hospers. This organization facilitates community development by leasing a medical clinic and dialysis center. Their goal is to enhance the health facilities within their jurisdiction and contribute to the economic growth of the city, extending these efforts to adjacent areas as well.
Who is the CEO of Hospers Area Development Corp?
Orville J Van Roekel is the President of Hospers Area Development Corp.
What is the revenue of Hospers Area Development Corp?
Hospers Area Development Corp's revenue in 2022 was -$12,589.
Who are the executives of Hospers Area Development Corp and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Hospers Area Development Corp?
Hospers Area Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hospers Area Development Corp
Hospers Area Development Corp, as a nonprofit organization, is committed to serving its community and the surrounding area in a unique manner. Its mission is twofold: firstly, it aims to provide easy access to a local dialysis center for the community. This is a significant contribution, as dialysis is a crucial medical treatment for individuals with kidney diseases. Secondly, the corporation is dedicated to fostering economic development within the city of Hospers and its adjacent areas. By promoting and assisting in community development, Hospers Area Development Corp rents out a medical clinic and dialysis center, thereby contributing to the overall well-being of its community. This dual focus on healthcare access and economic growth sets Hospers Area Development Corp apart as a vital force in its community's development.
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Impact
October, 2024
Hospers Area Development Corp significantly enhances the quality of life in Hospers and its surrounding areas by providing vital access to a local dialysis center. This access ensures that residents can receive essential medical treatment close to home, reducing the need for long travels to far-off healthcare facilities. Additionally, by supporting economic development initiatives, it strengthens the local economy, fostering growth and stability within the community. The rental of the medical clinic and dialysis center promotes community development, attracting health services that benefit both current residents and potential newcomers. In essence, Hospers Area Development Corp plays a pivotal role in advancing health and economic well-being in the region.
This information is meant to be a general summary of Hospers Area Development Corp. 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: -$213,689
- Program Service Revenue: $128,600
- Gross Receipts: $386,302
Assets and Liabilities:
- Total Assets: $657,489
- Total Liabilities: $38,809
- Net Assets: $618,680
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAL CLINIC & DIALYSIS B
Revenue
$76,100
CONSULTING INCOME
Revenue
$52,500
Organization Details
Founding Year
1988
Phone
(712) 752-8111Principal Officer
Orville J Van Roekel
Main Address
PO BOX 248, HOSPERS, IA, 512380142
NTEE Category
Code: E30 - Health
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