Overview
What is Healthquest Of Union County?
Healthquest of Union County is a nonprofit organization situated in Monroe, North Carolina (NC), specifically at 415 East Franklin Street. Its primary mission is to enhance community health by providing essential prescription medications to individuals who lack prescription insurance and cannot afford their medications otherwise. This assistance is extended to residents living in Union, Anson, and Stanly counties in North Carolina, as well as Chesterfield and Lancaster counties in South Carolina. In 2022, the organization aided 1,102 unique clients and filled 28,977 prescriptions. With a team of 10 dedicated employees, Healthquest of Union County plays a significant role in ensuring that its community members receive necessary medication, thereby improving their overall health and well-being.
Official website here: www.healthquestpharmacy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
Healthquest Of Union County has achieved a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The rating is based entirely on the organization's performance in the Accountability & Finance beacon, reflecting strong governance practices and transparency in its operations.
The organization scores particularly well in several key areas, such as having a fully independent board, which scored 8 out of 8 points. Additionally, it maintains a high program expense ratio of 79.56%, demonstrating that a significant portion of its funds is directed toward its mission-related activities. Other positive aspects include a robust conflict of interest policy and proper documentation practices.
Despite the favorable financial indicators, the organization’s overall score is solely derived from its financial practices, leaving out other potential areas of impact or effectiveness in achieving its mission. This lack of comprehensive evaluation may be a limitation for potential donors seeking insights into the organization's overall performance beyond finances.
This AI summary has been generated from information found on Charity Navigator.
Is Healthquest Of Union County legitimate?
Healthquest Of Union County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Healthquest Of Union County 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: $400,351
For more financial information, click here
Official website here: www.healthquestpharmacy.org
What is the mission statement of Healthquest Of Union County?
Healthquest Of Union County's mission is centered around improving community health. They accomplish this by providing essential medications to individuals who cannot afford them due to lacking prescription insurance coverage. The organization's mission extends to offering prescription assistance to those residing in low-income areas, ensuring that everyone has access to necessary medical treatments. In 2022, they aided 1,102 unique clients and filled 28,977 prescriptions, demonstrating their commitment to this cause.
Official website here: www.healthquestpharmacy.org
What is the revenue of Healthquest Of Union County?
Healthquest Of Union County's revenue in 2023 was $953,820.
Official website here: www.healthquestpharmacy.org
Who are the executives of Healthquest Of Union County and what are their salaries?
The average compensation at Healthquest Of Union County during 2023 was $44,483. There are 9 employees and 50 volunteers at Healthquest Of Union County.
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Official website here: www.healthquestpharmacy.org
Where can I find the form 990 for Healthquest Of Union County?
Healthquest Of Union County's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.healthquestpharmacy.org
Learn more at the official website: www.healthquestpharmacy.org
Mission Statement of Healthquest Of Union County
Healthquest of Union County, a nonprofit organization, is committed to improving the health of its community by providing medication assistance to individuals who cannot afford their prescriptions due to lacking prescription insurance coverage. Its mission is twofold: firstly, it aims to enhance the well-being of the community by offering prescription drugs to those in need. Secondly, Healthquest of Union County focuses on assisting low-income residents in Union, Anson, Stanly counties in North Carolina, and Chesterfield and Lancaster counties in South Carolina, ensuring they can manage their health conditions effectively. In 2022, the organization served 1,102 unique clients and filled a total of 28,977 prescriptions, demonstrating its significant impact on the lives of many individuals in the community.
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Impact
July, 2024
Healthquest Of Union County's impact can be seen in the vital prescription assistance it provides to low-income residents who lack prescription insurance coverage. By offering pharmaceuticals and prescription medications to individuals who would not be able to afford them otherwise, the organization plays a crucial role in enhancing the health and well-being of the community. In 2022 alone, Healthquest Of Union County assisted 1,102 unduplicated clients and filled a total of 28,977 prescriptions. This demonstrates the tangible and significant impact the organization has in improving access to essential medications for individuals residing in Union, Anson, and Stanly counties in North Carolina, as well as Chesterfield and Lancaster counties in South Carolina.
This information is meant to be a general summary of Healthquest Of Union County. 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 2023.
- Investment Income: $22,815
- Program Service Revenue: $68,737
- Gross Receipts: $953,820
Assets and Liabilities:
- Total Assets: $1,211,311
- Total Liabilities: $36,696
- Net Assets: $1,174,615
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLIENT FEES
Revenue
$68,737
Organization Details
Founding Year
1998
Principal Officer
Brent Lammers
Website
www.healthquestpharmacy.orgNTEE Category
Code: E80 - Health
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