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Love The Golden Rule Inc

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

EIN: 462518857 ✦ St petersburg, FL ✦ Designated as a 501(c)(3)

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Overview

What is Love The Golden Rule Inc?

Love The Golden Rule Inc is a nonprofit organization dedicated to providing medical care for individuals who are uninsured. Their primary mission is to treat Hepatitis C patients, offering life-saving medications to 325 patients through patient assistance programs. This organization is committed to extending vital healthcare services to those in need, thereby making a significant impact on their lives.


Official website here: www.love the golden rule inc

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, 69%, Two-Star out of Four Star rating.

Love The Golden Rule Inc has received a rating of 69%, indicating areas for improvement in its operations and transparency. The organization has an independent board that is primarily composed of independent members, which is a positive aspect. However, the lack of financial statements and key policies, such as conflict of interest and whistleblower protections, raises concerns about accountability and financial oversight.

Despite these shortcomings, the organization demonstrates a strong program expense ratio of 100%, suggesting that all its expenses are directed towards its programs. This focus on programmatic spending is commendable. However, stakeholders may want to consider the absence of essential governance documentation and financial transparency as significant limitations before making decisions regarding support or engagement with the organization.


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

Is Love The Golden Rule Inc legitimate?

Love The Golden Rule Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love The Golden Rule 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: $584,263

For more financial information, click here


Official website here: www.love the golden rule inc

What is the mission statement of Love The Golden Rule Inc?

Love The Golden Rule Inc, as an organization, is committed to providing medical care for individuals who are uninsured. Their primary mission is to offer life-saving medications for hepatitis C patients, sourced through patient assistance programs. This initiative has benefited 325 individuals thus far, demonstrating their dedication to improving the health of those in need. By providing medical care for the uninsured, Love The Golden Rule Inc contributes to the overall well-being of their community.


Official website here: www.love the golden rule inc

Who is the CEO of Love The Golden Rule Inc?

Robert J Wallace Md is the Ceo of Love The Golden Rule Inc. The CEO's salary of Love The Golden Rule Inc is $303,200 and their total compensation is $303,200.


Official website here: www.love the golden rule inc

What is the revenue of Love The Golden Rule Inc?

Love The Golden Rule Inc's revenue in 2022 was $1,065,340.


Official website here: www.love the golden rule inc

Who are the executives of Love The Golden Rule Inc and what are their salaries?

The average compensation at Love The Golden Rule Inc during 2022 was $53,115. There are 11 employees at Love The Golden Rule Inc.


Here are 5 key members and their salaries (Love The Golden Rule Inc's CEO's salary is $303,200 and their total compensation is $303,200):


Robert J Wallace Md (Ceo)
  • Compensation: $303,200
  • Related: $0
  • Other: $0
Donna Baxla (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorin William Baxla (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dewayne Beasley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Mahoney (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.love the golden rule inc

Where can I find the form 990 for Love The Golden Rule Inc?

Love The Golden Rule Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.love the golden rule inc

Learn more at the official website: www.love the golden rule inc

Mission Statement of Love The Golden Rule Inc

Love The Golden Rule Inc, a nonprofit organization, is committed to providing medical care for individuals who are uninsured. One of its primary focuses is treating patients with hepatitis C. Through patient assistance programs, the organization has provided life-saving medications to 325 patients, demonstrating its dedication to improving the health and well-being of these individuals. By offering medical care to the uninsured, Love The Golden Rule Inc plays a vital role in ensuring that everyone has access to necessary healthcare services, regardless of their financial situation.

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Impact




July, 2024

Love The Golden Rule Inc's impact is significant in providing medical care for the uninsured population in St. Petersburg, Florida. Specifically, the organization focuses on treating hepatitis C patients by providing life-saving medications obtained through patient assistance programs. This effort has directly benefited 325 individuals who would otherwise not have had access to necessary healthcare. Love The Golden Rule Inc's commitment to this cause demonstrates a clear dedication to improving the health and well-being of those in need in the community.




This information is meant to be a general summary of Love The Golden Rule 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
$1,065,340 (2022)
Expenses
$1,041,010 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$36,874
  • Program Service Revenue: $1,074,412
  • Gross Receipts: $1,102,419

Assets and Liabilities:

  • Total Assets: $1,098,187
  • Total Liabilities: $0
  • Net Assets: $1,098,187

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$1,074,412

Organization Details

Founding Year

2013

Principal Officer

Robert J Wallace Md

Main Address

3000 1ST AVENUE N, ST PETERSBURG, FL, 33713

NTEE Category

Code: W99 - Public benefit

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