Overview
What is Welvista?
Welvista is a nonprofit organization based in Columbia, South Carolina, specifically located at 121 Greystone Blvd, 29201. Their mission is to provide access to donated prescription medication for individuals who are uninsured and below 250% of the federal poverty level. Additionally, they offer oral healthcare services to low-income children. With a team of 80 employees, Welvista is dedicated to making a difference in the lives of those in need by ensuring they have access to essential medications and healthcare.
Official website here: www.welvista.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star Rating
Welvista has received a high rating of 94%, indicating strong performance in accountability and financial management. The organization boasts an independent board with 87% of members being independent, which enhances its governance. The absence of material diversion of assets and a range of well-documented policies further underscores its commitment to transparency.
Financially, Welvista demonstrates a remarkable program expense ratio of 98.46%, suggesting that nearly all of its resources are directed towards its mission. Additionally, the organization has achieved a perfect fundraising efficiency ratio of $0.00, indicating that it effectively utilizes donations without incurring significant fundraising costs.
While the working capital ratio is 0.37 years, which may raise some questions regarding short-term financial stability, the overall financial health and management practices of Welvista are commendable. The organization is well-positioned to continue making a positive impact in its field.
This AI summary has been generated from information found on Charity Navigator.
Is Welvista legitimate?
Welvista is a legitimate nonprofit organization registered as a 501(c)(3) entity. Welvista 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: $432,264
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,286,535
For more financial information, click here
Official website here: www.welvista.org
What is the mission statement of Welvista?
Welvista is a mission-driven organization dedicated to expanding access to essential healthcare resources for uninsured individuals and low-income children in need. By sourcing and distributing donated prescription medications to those below 250% of the federal poverty level without private health insurance, coverage from Medicare, Medicaid, or VA benefits, Welvista bridges the gap in healthcare affordability. In addition, Welvista provides oral health care services to further support these vulnerable populations. Their commitment to improving health outcomes for underserved communities is reflected in their unwavering efforts to collect and distribute vital medications and promote access to oral healthcare.
Official website here: www.welvista.org
Who is the CEO of Welvista?
Juanita Wright is the Ceo of Welvista. The CEO's salary of Welvista is $258,189 and their total compensation is $264,367.
Official website here: www.welvista.org
What is the revenue of Welvista?
Welvista's revenue in 2022 was $133,019,472.
Official website here: www.welvista.org
Who are the executives of Welvista and what are their salaries?
The average compensation at Welvista during 2022 was $46,485. There are 80 employees and 18 volunteers at Welvista.
Here are 22 key members and their salaries (Welvista's CEO's salary is $258,189 and their total compensation is $264,367):
- Compensation: $258,189
- Related: $0
- Other: $6,178
- Compensation: $174,075
- Related: $0
- Other: $0
- Compensation: $117,497
- Related: $0
- Other: $0
- Compensation: $115,639
- Related: $0
- Other: $0
- Compensation: $113,131
- Related: $0
- Other: $0
- Compensation: $109,263
- Related: $0
- Other: $0
- Compensation: $109,199
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.welvista.org
Where can I find the form 990 for Welvista?
Welvista's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.welvista.org
Learn more at the official website: www.welvista.org
Mission Statement of Welvista
Welvista, a dedicated nonprofit organization, strives to extend a helping hand to those in need by providing access to donated prescription medications and oral healthcare services to low-income children and families. With a compassionate mission, Welvista reaches out to individuals who are uninsured and fall below the 250% federal poverty level.
Situated at the heart of this humanitarian venture is the distribution of donated prescription medications. Welvista recognizes the financial burden that comes with obtaining medications, especially for those without insurance coverage. By shipping these vital medications directly to the homes of eligible families, Welvista ensures that children and their caretakers can access essential treatments without facing unnecessary financial hardships.
Moreover, Welvista is deeply committed to addressing the oral health needs of low-income children. Poor oral health can significantly impact a child's overall well-being and academic success. By providing these essential services, Welvista instills confidence, improves health, and sets children up for a brighter future. Through its unwavering efforts, this visionary organization opens doors to a healthier and more prosperous life for those in need.
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Impact
October, 2024
Welvista has a significant impact by ensuring that individuals and families who are uninsured or low-income have access to essential healthcare resources. By providing donated prescription medications shipped directly to the homes of those at or below 250% of the federal poverty level, Welvista alleviates the burden of medical costs for many who would otherwise go without necessary treatments. This service is crucial for individuals who lack private health insurance, Medicare, Medicaid, or VA benefits, allowing them to manage chronic conditions and maintain their overall health.
In addition to medication, Welvista focuses on oral health care for low-income children, addressing dental needs that are often overlooked in underserved communities. By bridging these gaps, Welvista improves health outcomes, enhances the quality of life, and fosters healthier communities in Columbia, SC, and beyond. Overall, Welvista's efforts contribute to reducing health disparities and promoting equitable access to healthcare for vulnerable populations.
This information is meant to be a general summary of Welvista. 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: $499,014
- Program Service Revenue: $1,772,980
- Gross Receipts: $133,212,135
Assets and Liabilities:
- Total Assets: $48,614,342
- Total Liabilities: $1,665,350
- Net Assets: $46,948,992
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DENTAL PROGRAM
Revenue
$1,192,980
HOSPITAL PROGRAM
Revenue
$580,000
Organization Details
Founding Year
1997
Phone
(803) 933-9183Principal Officer
Juanita Wright
Main Address
121 GREYSTONE BLVD, COLUMBIA, SC, 29201
Website
www.welvista.orgNTEE Category
Code: E70 - Health
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