Overview
What is Woodlawn Medical Aid Inc?
Woodlawn Medical Aid Inc is a faith-based nonprofit organization, specifically catering to the Amish Mennonite community. Established with a religious purpose, the corporation offers a church-organized medical sharing plan intended to meet the healthcare needs of its members. By doing so, the organization provides a supportive network for various Amish Mennonite congregations, ensuring they have access to necessary medical care. The specifics of their activities and schedule are not disclosed in the provided information.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Woodlawn Medical Aid Inc has achieved an 82% rating from Charity Navigator, indicating a solid level of accountability and financial management. This score is derived from a comprehensive evaluation focused solely on the charity's Accountability & Finance, showcasing their commitment to transparency and responsible stewardship of resources.
The organization demonstrates strong governance practices, with an independent board consisting of 100% independent members and a well-sized board of 6. Their financial oversight is also commendable, as evidenced by their perfect scores in areas such as financial statements and material diversion of assets. Their liabilities to assets ratio stands at a favorable 21.16%, suggesting a sound financial position.
Additionally, Woodlawn Medical Aid Inc allocates a remarkable 99.01% of its expenses to programs, reflecting a strong emphasis on fulfilling its mission. While the overall rating is positive, potential donors and supporters might consider exploring further details regarding the charity's specific programs and impact to gauge how their contributions could be utilized effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Woodlawn Medical Aid Inc legitimate?
Woodlawn Medical Aid Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Woodlawn Medical Aid 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.
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What is the mission statement of Woodlawn Medical Aid Inc?
Woodlawn Medical Aid Inc is a religious organization with a mission to establish a church-affiliated Medical sharing plan. This plan is designed to cater to the medical needs of members belonging to the Woodlawn Amish Mennonite church and other Amish Mennonite congregations sharing similar beliefs. The primary goal is to provide a supportive network for these individuals in managing their medical expenses. The corporation operates under the principle of mutual aid and collaboration within the religious community to address their healthcare needs.
Who is the CEO of Woodlawn Medical Aid Inc?
Jason Yoder is the Treasurer of Woodlawn Medical Aid Inc.
What is the revenue of Woodlawn Medical Aid Inc?
Woodlawn Medical Aid Inc's revenue in 2022 was $1,218,831.
Who are the executives of Woodlawn Medical Aid Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Woodlawn Medical Aid Inc?
Woodlawn Medical Aid Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Woodlawn Medical Aid Inc
Woodlawn Medical Aid Inc, a religious organization, was established with a mission to provide a church-organized Medical sharing plan. This mission is aimed at catering to the medical needs of its members, primarily belonging to the Woodlawn Amish Mennonite Church and other Amish Mennonite congregations with similar beliefs. The organization's objective is to create a supportive network that pools resources to meet the medical needs of its members, fostering a sense of community and mutual aid within its faith-based community.
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Impact
July, 2024
Woodlawn Medical Aid Inc has a significant impact on the communities it serves by providing a church-organized medical sharing plan to meet the medical needs of members of Woodlawn Amish Mennonite Church and other Amish Mennonite congregations of similar faith. Through this initiative, individuals are able to receive medical assistance and support in times of need, ensuring that healthcare costs do not become a barrier to accessing essential services. This demonstrates the organization's commitment to promoting and supporting the health and well-being of its members in a meaningful and impactful way.
This information is meant to be a general summary of Woodlawn Medical Aid 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,239
- Program Service Revenue: $1,059,270
- Gross Receipts: $1,218,831
Assets and Liabilities:
- Total Assets: $481,006
- Total Liabilities: $101,792
- Net Assets: $379,214
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAL SHARING RECEIPTS
Revenue
$1,059,270
Organization Details
Founding Year
2013
Phone
(574) 536-9805Principal Officer
Jason Yoder
Main Address
4255 S 900 W, TOPEKA, IN, 46571
NTEE Category
Code: E80 - Health
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