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Loyola Medicine Transport Llc

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

EIN: 474147171 ✦ Melrose park, IL ✦ Designated as a 501(c)(3)

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Overview

What is Loyola Medicine Transport Llc?

Loyola Medicine Transport Llc, headquartered in Melrose Park, Illinois, is an integral part of the Loyola University Health System. This nonprofit organization specializes in offering emergency and non-emergency medical transportation services to the community it serves. Loyola Medicine Transport strives to improve access to and the quality of medical transportation for residents, including those who are underserved, have Medicaid or Medicare, or cannot afford services. Beyond transportation, they also provide educational and training services in the field of medical transportation. The organization offers basic and advanced life support, accommodating patients in wheelchairs, and operates Medi-Ride, a medical van service for patients who do not require an ambulance. Additionally, Loyola Medicine Transport's courier service delivers pharmaceuticals, lab samples, and medical documents. As a member of Loyola University Health System and Trinity Health, Loyola Medicine Transport aligns with the mission to serve communities with compassion and transformation.


Official website here: www.loyolamedicine.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 66%, Two-Star out of Four Star rating.

Loyola Medicine Transport LLC has received a moderate rating of 66%, indicating some strengths and notable areas for improvement. The organization excels in program expenses, with a high ratio of 93.07%, demonstrating a strong commitment to its mission. Additionally, it has solid governance policies in place, such as a conflict of interest policy and a whistleblower policy, both of which are fully implemented.

However, the organization faces criticism regarding board independence, as it currently has no independent members on its board. This lack of independent oversight could raise concerns about governance effectiveness. Furthermore, the financial health is a concern, as the liabilities to assets ratio is significantly high at 114.53%, which suggests potential financial instability. Lastly, the absence of its tax form on the nonprofit's website may impact transparency and accountability.


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

Is Loyola Medicine Transport Llc legitimate?

Loyola Medicine Transport Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loyola Medicine Transport Llc 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: $1,708,420

For more financial information, click here


Official website here: www.loyolamedicine.org

What is the mission statement of Loyola Medicine Transport Llc?

Loyola Medicine Transport LLC, as a part of Loyola University Health System and Trinity Health, serves its communities in the spirit of the gospel, acting as a compassionate and transformative healing presence. Its primary mission is to provide emergency and non-emergency medical transportation services to residents within a specified service area. The organization strives to improve access to and the quality of medical transportation services, prioritizing underserved populations, Medicare and Medicaid recipients, and those unable to pay for services. Loyola Medicine Transport also facilitates educational and training services in the field of medical transportation and offers various transportation options, such as basic and advanced life support, wheelchair accommodations, and a medical van service (Med-Ride) for patients who do not require an ambulance. Additionally, their courier service delivers pharmaceuticals, lab samples, and medical documents.


Official website here: www.loyolamedicine.org

Who is the CEO of Loyola Medicine Transport Llc?

Shawn Vincent is the Principal Officer of Loyola Medicine Transport Llc.


Official website here: www.loyolamedicine.org

What is the revenue of Loyola Medicine Transport Llc?

Loyola Medicine Transport Llc's revenue in 2022 was $2,204,104.


Official website here: www.loyolamedicine.org

Who are the executives of Loyola Medicine Transport Llc and what are their salaries?


Here are 6 key members and their salaries:


Daniel Isacksen (Former Officer; Th Cfo)
  • Compensation: $0
  • Related: $884,171
  • Other: $199,695
Richard Freeman Md (Director; Chief Clinical Officer)
  • Compensation: $0
  • Related: $839,647
  • Other: $161,932
Margaret Norton-Rosko (Director & Gchsc President)
  • Compensation: $0
  • Related: $550,219
  • Other: $118,065
Melissa Lukasick (Director; Vp, Finance)
  • Compensation: $0
  • Related: $408,852
  • Other: $51,888
Mark Cichon Do (Director; Professor)
  • Compensation: $0
  • Related: $397,265
  • Other: $45,588
Ryan Mayhew Md (Director; Asst Professor)
  • Compensation: $0
  • Related: $284,464
  • Other: $18,800


Official website here: www.loyolamedicine.org

Where can I find the form 990 for Loyola Medicine Transport Llc?

Loyola Medicine Transport Llc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.loyolamedicine.org

Learn more at the official website: www.loyolamedicine.org

Mission Statement of Loyola Medicine Transport Llc

Loyola Medicine Transport LLC, as part of Loyola University Health System and Trinity Health, serves its communities with compassion and a healing presence, guided by the spirit of the Gospel. The organization's primary mission is to provide emergency and non-emergency medical transportation services to residents within its specified service area. By doing so, Loyola Medicine Transport LLC improves access to and enhances the quality of medical transportation services for the community, focusing particularly on underserved individuals, those who qualify for Medicare or Medicaid, and those who are financially unable to pay for services.

In addition to its core mission, Loyola Medicine Transport LLC also offers educational and training services in the field of medical transportation. This is achieved through its ambulance and other medical transportation services, which cater to a wide range of patient needs, including basic life support and accommodations for patients in wheelchairs. Furthermore, the organization provides a medical van service, Medi-Ride, for patients who do not necessitate an ambulance. Additionally, Loyola Medicine Transport's courier service ensures the secure delivery of pharmaceuticals, lab samples, and medical documents.

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Impact




July, 2024

Loyola Medicine Transport Llc's impact is significant in providing essential emergency and non-emergency medical transportation services to residents in a specified service area. As part of the Loyola University Health System, Loyola Medicine Transport plays a vital role in improving access to high-quality medical transportation services for community members, including those who are underserved, qualify for Medicare or Medicaid, or are unable to pay for services.

By offering both basic and advanced life support services and accommodating patients in wheelchairs, Loyola Medicine Transport ensures that individuals in need receive the appropriate level of care during transportation. Additionally, their Medi-Ride medical van service caters to patients who do not require an ambulance, thereby expanding their reach and serving a broader spectrum of the community.

Furthermore, through their courier service, Loyola Medicine Transport facilitates the delivery of pharmaceuticals, lab samples, and medical documents, contributing to the efficiency of healthcare operations in the area. Overall, Loyola Medicine Transport's dedication to enhancing medical transportation services and commitment to serving the community align with their mission of compassion and transformation within the healthcare sector.




This information is meant to be a general summary of Loyola Medicine Transport Llc. 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
$2,204,104 (2022)
Expenses
$3,060,950 (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: $2,204,104
  • Gross Receipts: $2,204,104

Assets and Liabilities:

  • Total Assets: $12,817,038
  • Total Liabilities: $13,425,158
  • Net Assets: -$608,120

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Programs

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

NET PATIENT SVCS REV

Revenue

$2,204,104

Organization Details

Founding Year

2015

Principal Officer

Shawn Vincent

Main Address

905 W NORTH AVE, MELROSE PARK, IL, 60160

NTEE Category

Code: E60 - Health

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