Overview
What is Lifenet Inc?
Lifenet Inc, based in Texarkana, Texas, is a renowned nonprofit organization dedicated to providing emergency medical transport and services in Southwest Arkansas and East Texas. With a workforce of 605 employees, they operate in Miller, Garland, Bowie, Cass, Red River, Saline, Hot Springs, and Western Payne counties. Their mission is to ensure the delivery of emergency ground and air ambulance services, accompanied by related medical attention, during transportation to hospitals.
Official website here: www.lifenetems.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star rating
Lifenet Inc has received a high rating of 96% from Charity Navigator, reflecting its strong performance in accountability and finance. This score is particularly significant as it emphasizes the organization's commitment to transparency and responsible financial management, earning a Four-Star rating. The evaluation is based entirely on its accountability and finance metrics, showcasing the charity's effective use of resources.
The organization demonstrates an impressive governance structure, with 100% of its board members being independent, which enhances its credibility and oversight. Additionally, Lifenet Inc has put robust policies in place, including a conflict of interest policy and a whistleblower policy, further highlighting its dedication to ethical practices. The financial health of the organization is sound, evidenced by a low liabilities to assets ratio and an exceptional program expense ratio of 82.54%, indicating that a significant portion of its funds directly supports its programs.
No significant limitations were noted in the data reviewed, suggesting that Lifenet Inc operates effectively without major concerns regarding its financial practices or governance. Overall, the organization stands out for its strong accountability measures and efficient resource utilization, making it a trustworthy option for potential donors looking to support impactful initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Lifenet Inc legitimate?
Lifenet Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lifenet 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: $19,053,048
For more financial information, click here
Official website here: www.lifenetems.org
What is the mission statement of Lifenet Inc?
Lifenet Inc is dedicated to delivering emergency medical aid through both ground and air ambulance services. In transit, they offer essential medical attention to individuals in need. Their primary goal is to ensure the well-being of patients during transportation to their desired medical destinations. They serve various communities, providing vital assistance in crucial situations. Their services encompass a broad reach, catering to numerous counties, though specific details regarding locations remain undisclosed in the provided information.
Official website here: www.lifenetems.org
Who is the CEO of Lifenet Inc?
Dave Snavely is the Ceo of Lifenet Inc. The CEO's salary of Lifenet Inc is $0 and their total compensation is $0.
Official website here: www.lifenetems.org
What is the revenue of Lifenet Inc?
Lifenet Inc's revenue in 2022 was $39,016,863.
Official website here: www.lifenetems.org
Who are the executives of Lifenet Inc and what are their salaries?
The average compensation at Lifenet Inc during 2022 was $31,493. There are 605 employees at Lifenet Inc.
Here are 21 key members and their salaries (Lifenet Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $221,198
- Related: $0
- Other: $5,827
- Compensation: $186,362
- Related: $0
- Other: $5,019
- Compensation: $159,397
- Related: $0
- Other: $4,722
- Compensation: $149,186
- Related: $0
- Other: $4,355
- Compensation: $137,290
- Related: $0
- Other: $0
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- Other: $0
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Official website here: www.lifenetems.org
Where can I find the form 990 for Lifenet Inc?
Lifenet Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lifenetems.org
Learn more at the official website: www.lifenetems.org
Mission Statement of Lifenet Inc
Lifenet Inc, a nonprofit organization, is dedicated to providing emergency ground and air ambulance services and related medical attention while in transit. This mission is crucial for saving lives in critical situations where every moment counts. The team at Lifenet Inc is committed to ensuring that individuals receive the necessary medical care en route to their destination.
By offering emergency medical transport and services, Lifenet Inc plays a vital role in the healthcare ecosystem. The organization's focus on providing these services during transit ensures that people can access timely medical care, which is essential for addressing various medical emergencies. The team at Lifenet Inc is well-equipped to handle various medical situations and offers the necessary medical attention to ensure that patients are stable during transit.
Lifenet Inc's services are essential for individuals residing in southwest Arkansas and East Texas. The organization provides emergency medical transport and services in the following counties: Miller, Garland, Bowie, Cass, Red River, Saline, Hot Springs, and Western Payne, OK. The reach of Lifenet Inc's services is extensive, providing a lifeline to those in need during their most vulnerable moments. The organization's commitment to saving lives and providing medical care while in transit is a testament to its dedication and expertise in the field of emergency medical services.
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Impact
October, 2024
Lifenet Inc plays a critical role in the healthcare ecosystem by providing essential emergency ground and air ambulance services in southwest Arkansas and east Texas. Their impact is particularly significant in the counties of Miller, Garland, Bowie, Cass, Red River, Saline, Hot Springs, and western Payne, OK. By ensuring timely medical transportation and related care while in transit, Lifenet Inc enhances access to emergency medical services, which can be a matter of life and death in critical situations.
The organization's activities directly improve patient outcomes by reducing the time it takes for individuals to reach medical facilities during emergencies. In regions where healthcare access may be limited, Lifenet Inc acts as a vital link that facilitates not only transportation but also immediate medical attention for patients who require urgent care. This capability is crucial in managing severe medical conditions, accidents, and other emergencies, ultimately fostering healthier communities. Their commitment to rapid response and effective medical support underscores the importance of emergency medical services in preserving lives.
This information is meant to be a general summary of Lifenet 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 2022.
- Investment Income: $568,610
- Program Service Revenue: $27,996,082
- Gross Receipts: $39,882,375
Assets and Liabilities:
- Total Assets: $21,215,038
- Total Liabilities: $3,499,839
- Net Assets: $17,715,199
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GROSS BILLINGS
Revenue
$27,915,858
SUBSCRIPTION REVENUE
Revenue
$80,224
Organization Details
Phone
(903) 832-8531Principal Officer
Dave Snavely
Main Address
6225 ST MICHAEL DR, TEXARKANA, TX, 75503
Website
www.lifenetems.orgNTEE Category
Code: E62 - Health
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