Overview
What is Twin Lakes Medical Foundation Inc?
Twin Lakes Medical Foundation Inc is a nonprofit organization, situated in an unspecified location, that was established with a twofold mission: to attract and retain exceptional medical professionals in their community and enable them to dedicate their talents to patient care, prioritizing quality services. Their primary objective is to provide comprehensive healthcare within their region. The foundation's activities are geared towards empowering top-notch physicians to excel in their field, thereby enhancing overall healthcare standards and patient satisfaction.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating
Twin Lakes Medical Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a robust overall score of 94%. This rating is derived exclusively from their accountability and finance metrics, indicating a strong emphasis on responsible financial management and transparency. Such high ratings suggest that donors can trust the Foundation to use their contributions effectively.
The Foundation demonstrates notable strengths in governance, with a completely independent board consisting of five members, earning full marks in this area. Furthermore, the absence of material diversion of assets, alongside comprehensive conflict of interest and whistleblower policies, showcases a commitment to ethical practices. The organization also maintains a solid financial structure, as highlighted by a liabilities-to-assets ratio of 0.00%, confirming that it has no outstanding debts relative to its assets.
While the organization has a commendable program expense ratio of 84.44%, indicating that the majority of its funds are directed towards programs rather than administrative costs, ongoing scrutiny and assessment are essential for maintaining these high standards. Overall, Twin Lakes Medical Foundation Inc stands out as a reputable and well-managed nonprofit, making it a worthy consideration for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Twin Lakes Medical Foundation Inc legitimate?
Twin Lakes Medical Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Twin Lakes Medical Foundation Inc 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: $0
For more financial information, click here
What is the mission statement of Twin Lakes Medical Foundation Inc?
The Twin Lakes Medical Foundation was established with a mission to recruit and retain exceptional medical professionals in their community. By doing so, their primary goal is to enable these physicians to dedicate their time and expertise solely to patient care, thereby ensuring high-quality medical services are provided. The foundation's purpose is to empower these healthcare professionals to focus on their primary duty, which is to attend to their patients' needs effectively.
Who is the CEO of Twin Lakes Medical Foundation Inc?
Trevor Ray is the Vice Preside of Twin Lakes Medical Foundation Inc.
What is the revenue of Twin Lakes Medical Foundation Inc?
Twin Lakes Medical Foundation Inc's revenue in 2023 was $73,602.
Who are the executives of Twin Lakes Medical Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Twin Lakes Medical Foundation Inc?
Twin Lakes Medical Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Twin Lakes Medical Foundation Inc
Twin Lakes Medical Foundation, a notable organization, was established with a dual purpose. Its primary goal is to attract and retain exceptional medical professionals to their community. By doing so, the foundation enables these skilled individuals to fully immerse themselves in their passion for medicine, dedicating ample time to their patients and focusing on delivering top-notch care. In essence, Twin Lakes Medical Foundation aims to create an environment that allows medical professionals to thrive, ultimately benefiting the community's health care needs.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Twin Lakes Medical Foundation Inc plays a crucial role in providing healthcare for the region. By focusing on recruiting and retaining top-notch physicians, the foundation ensures that the community has access to quality medical professionals who can dedicate their time to patients and provide excellent care. Through their efforts, Twin Lakes Medical Foundation contributes to the improvement of healthcare services in the area, positively impacting the well-being of individuals and families in need of medical attention.
This information is meant to be a general summary of Twin Lakes Medical Foundation Inc. 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: $35
- Gross Receipts: $73,602
Assets and Liabilities:
- Total Assets: $263,584
- Total Liabilities: $0
- Net Assets: $263,584
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1994
Phone
(270) 259-3159Principal Officer
Trevor Ray
Main Address
130 E MARKET ST, LEITCHFIELD, KY, 42754
NTEE Category
Code: E320 - Health
If you are a representative of Twin Lakes Medical Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.