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Savoy Memorial Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 720779761 ✦ Mamou, LA ✦ Designated as a 501(c)(3)

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Overview

What is Savoy Memorial Foundation Inc?

Savoy Memorial Foundation Inc, located in Mamou, Louisiana, is a nonprofit organization with a mission to support Mamou Health Resources, Inc., a community health clinic, and its related programs. The foundation's role involves receiving, investing, administering, and distributing funds and properties for the benefit of this charitable organization. Essentially, Savoy Memorial Foundation Inc serves to uphold and fulfill the purposes of Mamou Health Resources, Inc., contributing to the betterment of the health resources in the local community.

Is Savoy Memorial Foundation Inc legitimate?

Savoy Memorial Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Savoy Memorial 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 Savoy Memorial Foundation Inc?

The Savoy Memorial Foundation Inc's mission is centered around supporting Mamou Health Resources, Inc., a charitable organization. Specifically, the foundation receives, invests, administers, and distributes funds and properties for the benefit of Mamou Health Resources, Inc., effectively functioning as an extension of the organization. The primary purpose of Savoy Memorial Foundation Inc. is to aid Mamou Health Resources, Inc., a community health clinic, and its associated programs. This support is multifaceted, encompassing various aspects of the clinic's operations.

Who is the CEO of Savoy Memorial Foundation Inc?

Robert J Marcantel is the Chairman/Tru of Savoy Memorial Foundation Inc. The CEO's salary of Savoy Memorial Foundation Inc is $0 and their total compensation is $97,309.

What is the revenue of Savoy Memorial Foundation Inc?

Savoy Memorial Foundation Inc's revenue in 2023 was $305,700.

Who are the executives of Savoy Memorial Foundation Inc and what are their salaries?


Here are 7 key members and their salaries (Savoy Memorial Foundation Inc's CEO's salary is $0 and their total compensation is $97,309):


Vicky Hundley (Ceo, Pres.,)
  • Compensation: $0
  • Related: $97,309
  • Other: $0
Joel Kent Fontenot (Trustee)
  • Compensation: $0
  • Related: $3,600
  • Other: $0
Marvin Lyons (Trustee)
  • Compensation: $0
  • Related: $3,600
  • Other: $0
Robert J Marcantel (Chairman/Tru)
  • Compensation: $0
  • Related: $3,600
  • Other: $0
Steven E Tate (Treasurer/Tr)
  • Compensation: $0
  • Related: $3,600
  • Other: $0
John E Reed (Trustee)
  • Compensation: $0
  • Related: $3,300
  • Other: $0
Dr Thomas G Fontenot (Trustee)
  • Compensation: $0
  • Related: $3,000
  • Other: $0
Where can I find the form 990 for Savoy Memorial Foundation Inc?

Savoy Memorial Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Savoy Memorial Foundation Inc

The Savoy Memorial Foundation Inc is committed to supporting Mamou Health Resources, Inc., a charitable organization. This foundation serves to receive, invest, administer, and distribute funds and properties for the benefit of Mamou Health Resources, Inc. In essence, its mission is to carry out the purpose and functions of this community health clinic and its related programs. The Savoy Memorial Foundation Inc plays a crucial role in upholding and advancing the cause of Mamou Health Resources, Inc., contributing to its operations and initiatives.

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Impact




October, 2024

Savoy Memorial Foundation Inc significantly impacts the health landscape in Mamou, Louisiana, through its dedicated support of Mamou Health Resources, Inc. By receiving, investing, administering, and distributing funds and properties, the foundation ensures the sustainability and growth of this community health clinic. This support not only enhances healthcare access but also enables a range of related programs that promote overall well-being in the area. Through its efforts, the foundation plays a critical role in addressing local health needs and improving the quality of care for residents, ultimately fostering a healthier community in Mamou.




This information is meant to be a general summary of Savoy Memorial 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.

Revenue
$305,700 (2023)
Expenses
$1,163,858 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $326,174
  • Gross Receipts: $339,370

Assets and Liabilities:

  • Total Assets: $13,692,105
  • Total Liabilities: $0
  • Net Assets: $13,692,105

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Organization Details

Founding Year

1975

Principal Officer

Robert J Marcantel

Main Address

300 SOUTH STREET, MAMOU, LA, 70554

NTEE Category

Code: E120 - Health

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