Overview
What is Highland Medical Center Foundation?
The Highland Medical Center Foundation is a charitable organization, headquartered unspecified, that aids Highland Medical Center Inc. Its primary function involves managing a volunteer-run thrift store, selling donated items at reduced prices for the community. To sustain this venture, the foundation covers various expenses such as insurance, supplies, Chamber of Commerce membership fees, rental costs, and utilities. Additionally, the foundation organizes events like fashion shows, utilizing donated items from the thrift store, with minimal expenditure primarily limited to location rental fees.
Is Highland Medical Center Foundation legitimate?
Highland Medical Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Highland Medical Center Foundation submitted a form 990EZ, 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.
What is the mission statement of Highland Medical Center Foundation?
The Highland Medical Center Foundation's mission is centered around providing financial support for Highland Medical Center Inc. In addition to this, the foundation operates a volunteer thrift store, selling donated goods at reduced prices to the public. To maintain its thrift shop, the foundation covers various expenses such as insurance, supplies, Chamber of Commerce membership and advertising, rent, and utilities. The foundation also organizes events, like a fashion show, utilizing donated items from the thrift store, with the primary expense being the rental of the event location.
Who is the CEO of Highland Medical Center Foundation?
Bonnie Baxley is the President of Highland Medical Center Foundation. The CEO's salary of Highland Medical Center Foundation is $0 and their total compensation is $0.
What is the revenue of Highland Medical Center Foundation?
Highland Medical Center Foundation's revenue in 2022 was $17,276.
Who are the executives of Highland Medical Center Foundation and what are their salaries?
Here are 9 key members and their salaries (Highland Medical Center Foundation's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990EZ for Highland Medical Center Foundation?
Highland Medical Center Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Highland Medical Center Foundation
The Highland Medical Center Foundation, a nonprofit organization, is dedicated to supporting Highland Medical Center Inc. One of its primary activities is operating a volunteer thrift store, where donated goods are sold at reduced prices to the public. To maintain the thrift shop, the foundation incurs various expenses such as insurance, supplies, membership with the Chamber of Commerce and advertising, rent, and utilities. To further its mission, the foundation also organized a fashion show using items from the thrift store, with the sole expense being the rental of the event location. In essence, the Highland Medical Center Foundation's mission is to provide financial assistance to Highland Medical Center Inc, while also operating a thrift store and hosting occasional events, all with the goal of serving the community.
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Impact
October, 2024
Highland Medical Center Foundation significantly impacts the community by providing essential support to Highland Medical Center Inc. Through the operation of a volunteer thrift store, it not only resells donated goods at discounted prices but also fosters a spirit of community engagement. This thrift store generates funds that directly aid local healthcare services.
The foundation's initiatives, such as a fashion show featuring items from the thrift store, further enhance its visibility and fundraising efforts while keeping costs low by only incurring minimal expenses. By maintaining a focus on affordability and accessibility, the foundation ensures that all community members have the opportunity to benefit from quality goods, thus enhancing their overall well-being.
By managing expenses efficiently and leveraging community donations, the Highland Medical Center Foundation plays a vital role in sustaining and improving healthcare access within Monterey, VA, ultimately contributing to the better health of the community it serves.
This information is meant to be a general summary of Highland Medical Center Foundation. 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: $4
- Gross Receipts: $17,426
Assets and Liabilities:
- Total Assets: $68,973
- Total Liabilities: $0
- Net Assets: $68,973
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Organization Details
Phone
(540) 468-6400Principal Officer
Bonnie Baxley
Main Address
120 Jackson River Road, Monterey, VA, 24465
NTEE Category
Code: E11 - Health
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