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Hopelight Medical Clinic

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

EIN: 464657471 ✦ Longmont, CO ✦ Designated as a 501(c)(3)

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Overview

What is Hopelight Medical Clinic?

Hopelight Medical Clinic is a nonprofit organization situated in Longmont, Colorado. Its primary focus is to offer high-quality primary medical care to individuals with low incomes, making up 40% of its patient base. An additional 60% of patients are enrolled in Medicaid or Medicare. In 2022, the clinic served a total of 8500 patients, operating five days a week. The clinic's mission extends beyond medical care, as it also provides behavioral services for children with disabilities, a fitness program, and functions as a Red Cross Training Center. Generous donations of medicines and over-the-counter items enable the clinic to offer essential medications to its patients.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Hopelight Medical Clinic has received a two-star rating from Charity Navigator, indicating a need for improvement, with an overall score of 64%. The clinic demonstrates strong governance through a fully independent board and effective policies for conflict of interest and whistleblower protections. However, the absence of financial statements and critical documentation on its website has significantly impacted its financial accountability score.

The organization shows commendable performance in its program expense ratio, indicating that a high percentage of its budget is directed toward its programs, which is a positive indicator of its mission focus. Despite this strength, the clinic faces challenges in transparency, as key financial documents are missing, which can hinder donor trust and support.

Overall, while Hopelight Medical Clinic exhibits solid governance and a commitment to its programs, it must enhance its financial transparency and improve its documentation practices to strengthen its rating and build confidence among stakeholders.


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

Is Hopelight Medical Clinic legitimate?

Hopelight Medical Clinic is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hopelight Medical Clinic 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: $3,244,179

For more financial information, click here

What is the mission statement of Hopelight Medical Clinic?

The Hopelight Medical Clinic's primary mission is centered around providing high-quality, affordable primary healthcare services to individuals living in low-income communities within the broader Longmont area. The clinic extends its services beyond medical care, offering behavioral services for children with disabilities, a fitness program, and functioning as a Red Cross Training Center. In 2022, approximately 40% of the patients served by the clinic fell below the 200% federal poverty guidelines, with an additional 60% belonging to Medicaid or Medicare. The clinic served a total of 8500 patients that year, operating five days a week. Donations of medicines and over-the-counter items enabled the clinic to provide medications to its patients.

Who is the CEO of Hopelight Medical Clinic?

Edward Bowen is the Executive Director of Hopelight Medical Clinic.

What is the revenue of Hopelight Medical Clinic?

Hopelight Medical Clinic's revenue in 2022 was $4,701,289.

Who are the executives of Hopelight Medical Clinic and what are their salaries?

The average compensation at Hopelight Medical Clinic during 2022 was $20,026. There are 162 employees and 40 volunteers at Hopelight Medical Clinic.


Here are 6 key members and their salaries:


Edward Bowen (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Baxtor (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynnwood Cockerham (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Dean (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Ivans (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linsdey Wilson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hopelight Medical Clinic?

Hopelight Medical Clinic's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Hopelight Medical Clinic

Hopelight Medical Clinic is dedicated to serving the greater Longmont area by providing high-quality, affordable primary care to individuals with low income. Beyond medical services, the clinic also offers behavioral support for children with disabilities and a fitness program. Moreover, Hopelight Medical Clinic functions as a Red Cross Training Center, further expanding its scope of assistance. In 2022, approximately 40% of the patients treated at the clinic fell below the 200% federal poverty guidelines, while an additional 60% were covered by Medicaid or Medicare. Throughout the year, Hopelight Medical Clinic served over 8,500 patients, demonstrating its significant impact on the community. The clinic operates five days a week, ensuring that essential medical services are readily available to those in need. Donations of medicines and over-the-counter items allow the clinic to extend its offerings to its patients, further enhancing its ability to provide comprehensive healthcare to the low-income population it serves.

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Impact




July, 2024

Hopelight Medical Clinic's impact is significant in the greater Longmont area. The clinic plays a crucial role in providing quality primary care to low-income patients in the community. In 2022 alone, the clinic served 8500 patients, with 40% of them falling below 200% of the federal poverty guidelines. Additionally, 60% of the patients seen were part of Medicaid or Medicare programs, highlighting the clinic's commitment to serving those in need.

Furthermore, Hopelight Medical Clinic goes beyond just medical care by offering behavioral services for children with disabilities, a fitness program, and serving as a Red Cross Training Center. This multifaceted approach demonstrates the clinic's dedication to addressing various healthcare needs within the community.

Through donations of medicines and over-the-counter items, the clinic is able to provide essential medications to its patients, further enhancing their access to healthcare services. Overall, Hopelight Medical Clinic's impact is not only seen in the number of patients served but also in the holistic approach to healthcare and support provided to the low-income population in Longmont.




This information is meant to be a general summary of Hopelight Medical Clinic. 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
$4,701,289 (2022)
Expenses
$5,042,976 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $4,272,537
  • Gross Receipts: $4,701,289

Assets and Liabilities:

  • Total Assets: $780,764
  • Total Liabilities: $627,565
  • Net Assets: $153,199

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Programs

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

Office of other health practitioners

Revenue

$3,264,184

Office of physicians

Revenue

$1,008,353

Organization Details

Founding Year

2014

Principal Officer

Edward Bowen

Main Address

1351 COLLYER ST, LONGMONT, CO, 805013310

NTEE Category

Code: P40 - Human services

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