Overview
What is Gospel Light Mennonite Church Medical Ai?
Gospel Light Mennonite Church Medical Aid Plan, Inc., doing business as Liberty Healthshare, is a not-for-profit health care sharing ministry based in Canton, Ohio. Established since 1995, this organization brings together health-conscious Christian individuals and families to make informed healthcare decisions and share medical expenses as per their common beliefs. The supportive community commits to bearing one another's burdens in prayer, encouragement, and financial support. Through good stewardship and practical advice, Liberty Healthshare helps members maintain good health, plan for medical needs, and navigate complexities in the healthcare system. Members contribute towards each other's medical, hospice, and burial costs. Liberty Healthshare's mission is to shepherd the Christian tradition of healthcare sharing through prayer, education, personal responsibility, and wise stewardship of resources. The organization employs 427 individuals.
Official website here: www.libertyhealthshare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star Rating)
Gospel Light Mennonite Church Medical Ai has received a solid rating of 88% from Charity Navigator, highlighting its strengths in accountability and finance, particularly with a score of 87%. The organization demonstrates a robust program expense ratio of 93.65%, indicating a strong commitment to using funds for its programs. Additionally, all board members are independent, ensuring transparency and reduced conflicts of interest.
However, user feedback indicates significant concerns regarding the organization's operational efficiency, specifically in record-keeping and claims processing. A client noted frustrations with uncommunicated delays in reimbursement and a lack of clear documentation, suggesting a need for improvement in customer communication and financial management systems. These operational issues may overshadow the otherwise strong organizational metrics reflected in the Charity Navigator rating.
While Gospel Light Mennonite Church Medical Ai appears to be effectively managed in terms of fiscal accountability and governance, the user experiences reveal a critical area for development in operational processes. Addressing these concerns could enhance client trust and overall service delivery, contributing positively to the organization's mission.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Gospel Light Mennonite Church Medical Ai legitimate?
Gospel Light Mennonite Church Medical Ai is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gospel Light Mennonite Church Medical Ai 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: $1,319,089
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,994,152
For more financial information, click here
Official website here: www.libertyhealthshare.org
What is the mission statement of Gospel Light Mennonite Church Medical Ai?
Gospel Light Mennonite Church Medical Aid Plan, also known as Liberty Healthshare, is a not-for-profit healthcare sharing ministry. This organization brings together health-conscious Christian individuals and families who share a common set of ethical or religious beliefs. When a member develops a medical condition, the community comes together to share medical expenses in accordance with those beliefs. Since its inception in 1995, the ministry has empowered members to make wise healthcare decisions and offers prayer, encouragement, and financial support when needed. The community emphasizes good stewardship of their bodies and healthcare spending, and provides helpful advice to help members stay in good health and budget for medical needs. Members participate in sharing the medical, hospice, and burial costs of others within the ministry.
Official website here: www.libertyhealthshare.org
Who is the CEO of Gospel Light Mennonite Church Medical Ai?
Dorsey Morrow is the Member of Gospel Light Mennonite Church Medical Ai. The CEO's salary of Gospel Light Mennonite Church Medical Ai is $225,487 and their total compensation is $242,535.
Official website here: www.libertyhealthshare.org
What is the revenue of Gospel Light Mennonite Church Medical Ai?
Gospel Light Mennonite Church Medical Ai's revenue in 2022 was $279,735,525.
Official website here: www.libertyhealthshare.org
Who are the executives of Gospel Light Mennonite Church Medical Ai and what are their salaries?
The average compensation at Gospel Light Mennonite Church Medical Ai during 2022 was $35,862. There are 427 employees at Gospel Light Mennonite Church Medical Ai.
Here are 20 key members and their salaries (Gospel Light Mennonite Church Medical Ai's CEO's salary is $225,487 and their total compensation is $242,535):
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- Compensation: $225,487
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- Other: $17,048
- Compensation: $160,574
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- Other: $13,397
- Compensation: $169,276
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- Other: $10,974
- Compensation: $169,949
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- Other: $8,926
- Compensation: $151,105
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- Other: $13,603
- Compensation: $125,424
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- Other: $8,245
- Compensation: $140,927
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- Other: $1,000
- Compensation: $129,571
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- Other: $12,163
- Compensation: $128,889
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- Other: $9,322
- Compensation: $318,810
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- Other: $1,738
- Compensation: $123,060
- Related: $0
- Other: $2,400
Official website here: www.libertyhealthshare.org
Where can I find the form 990 for Gospel Light Mennonite Church Medical Ai?
Gospel Light Mennonite Church Medical Ai's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.libertyhealthshare.org
Learn more at the official website: www.libertyhealthshare.org
Mission Statement of Gospel Light Mennonite Church Medical Ai
Gospel Light Mennonite Church Medical Aid Plan, or Liberty Healthshare, is a not-for-profit healthcare sharing ministry that has been shepherding the Christian tradition of healthcare sharing since 1995. The organization's mission is rooted in prayer, education, personal responsibility, and stewardship of community resources.
In simpler terms, Liberty Healthshare is a tax-exempt organization where members, driven by shared ethical or religious beliefs, pool their resources to help cover each other's medical expenses, even after a medical condition arises. By promoting good stewardship of both bodies and healthcare spending, and offering helpful advice, this supportive community empowers its members to make wise healthcare decisions and budget for medical needs effectively.
Liberty Healthshare's commitment to its members goes beyond just financial support. By emphasizing prayer and encouragement, this community comes together to bear one another's burdens and create an environment that fosters healing and hope. Together, they help their members navigate the complexities of the nation's medical care system with confidence, allowing them to focus on their health and well-being.
Participants in this healthcare sharing ministry share in the medical, hospice, and burial costs of others, creating a strong sense of unity and mutual support. The community's emphasis on prayer, education, personal responsibility, and stewardship has made Liberty Healthshare a trusted partner for health-conscious Christian individuals and families seeking affordable and compassionate healthcare solutions.
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Impact
October, 2024
Gospel Light Mennonite Church Medical Ai, operating as Liberty HealthShare, significantly impacts its community by fostering a supportive framework for healthcare sharing among its members. Since its establishment in 1995, it has equipped health-conscious Christian individuals and families with the resources they need to make informed healthcare decisions.
By promoting shared ethical and religious beliefs, this initiative offers a unique approach to managing medical expenses, allowing members to share costs even after developing medical conditions. This structure not only alleviates the financial burdens associated with healthcare but also emphasizes the importance of community through prayer, encouragement, and financial support.
Members benefit from a network that encourages good stewardship of health and finances, simplifying the often overwhelming complexity of the healthcare system. The emphasis on education and personal responsibility empowers individuals to navigate their medical needs effectively, promoting overall wellness while ensuring that no one faces the burden of medical expenses alone.
This information is meant to be a general summary of Gospel Light Mennonite Church Medical Ai. 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: $31
- Gross Receipts: $279,735,525
Assets and Liabilities:
- Total Assets: $30,201,316
- Total Liabilities: $2,364,747
- Net Assets: $27,836,569
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Organization Details
Founding Year
2014
Phone
(855) 585-4237Principal Officer
Dorsey Morrow
Main Address
4455 HILLS AND DALES RD NW, CANTON, OH, 44708
Website
www.libertyhealthshare.orgNTEE Category
Code: X20 - Religion related
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