Overview
What is Medical Center Health System Auxiliary Of Odessa Inc?
Medical Center Health System Auxiliary of Odessa Inc is a nonprofit organization based in Odessa, Texas. Their primary function is to support Medical Center Health System through donations of equipment, furniture, and fixtures. They generate funds for these donations through vending and popcorn sales, with the proceeds specifically earmarked for equipment purchases. The organization's mission is deeply rooted in supporting the healthcare system, making significant contributions to enhance its facilities and resources.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. This rating indicates that the Medical Center Health System Auxiliary of Odessa Inc demonstrates a moderate level of accountability and finance management. The score is based solely on a single beacon, reflecting strong adherence to financial accountability practices.
Strengths of the organization include a fully independent board, which garnered full points in the evaluation. Additionally, the organization maintains a very low liabilities-to-assets ratio, indicating solid financial health. A high program expense ratio suggests that a significant portion of its funds is allocated towards its programs and direct services, which is a positive indicator for potential donors.
However, the overall two-star rating suggests that there may be areas for improvement in transparency or operational effectiveness that were not fully captured in the financial metrics. While the organization excels in several financial indicators, stakeholders may want to investigate further into its operational practices or program impact to ensure their contributions are being effectively utilized.
This AI summary has been generated from information found on Charity Navigator.
Is Medical Center Health System Auxiliary Of Odessa Inc legitimate?
Medical Center Health System Auxiliary Of Odessa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medical Center Health System Auxiliary Of Odessa 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 Medical Center Health System Auxiliary Of Odessa Inc?
The Medical Center Health System Auxiliary of Odessa Inc's primary function is to provide support to the Medical Center Health System. This is achieved through the donation of necessary equipment, furniture, and fixtures to the medical center. The organization also generates funds for equipment purchases through activities such as vending and popcorn sales. The profits from these sales are utilized to make approved equipment purchases for the medical center. In essence, the Auxiliary's mission is centered around supporting the Medical Center Health System through equipment donations and fundraising efforts.
Who is the CEO of Medical Center Health System Auxiliary Of Odessa Inc?
Cheryl Ferguson is the Chair of Medical Center Health System Auxiliary Of Odessa Inc.
What is the revenue of Medical Center Health System Auxiliary Of Odessa Inc?
Medical Center Health System Auxiliary Of Odessa Inc's revenue in 2022 was $110,888.
Who are the executives of Medical Center Health System Auxiliary Of Odessa Inc and what are their salaries?
There 91 volunteers at Medical Center Health System Auxiliary Of Odessa Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Medical Center Health System Auxiliary Of Odessa Inc?
Medical Center Health System Auxiliary Of Odessa Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Medical Center Health System Auxiliary Of Odessa Inc
Medical Center Health System Auxiliary of Odessa Inc is primarily dedicated to supporting its namesake, the Medical Center Health System. This support is manifested through the organization's mission to donate essential equipment, furniture, and fixtures to the medical center. This philanthropic endeavor significantly contributes to enhancing the medical center's capabilities and services, ultimately benefiting the patients and medical staff who rely on it.
To fund these donations, the auxiliary engages in various activities. One such activity is the sale of vending items and popcorn, the proceeds from which are meticulously allocated towards making approved equipment purchases for the Medical Center Health System. This revenue generation strategy allows the auxiliary to sustain its mission and make meaningful contributions to the medical center's infrastructure and services. In this way, Medical Center Health System Auxiliary of Odessa Inc plays a crucial role in supporting the Medical Center Health System and enhancing its capacity to deliver quality healthcare.
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Impact
October, 2024
Medical Center Health System Auxiliary Of Odessa Inc plays a crucial role in enhancing the operational capabilities of the Medical Center Health System in Odessa, Texas. By providing donations of equipment, furniture, and fixtures, they contribute significantly to the healthcare infrastructure, ensuring that medical facilities are well-equipped to serve the community.
The organization's efforts are primarily focused on supporting the Medical Center Health System through various fundraising activities. Notably, their vending and popcorn sales generate essential funds that are earmarked for approved equipment purchases. This financial support allows the medical center to access up-to-date technology and supplies, which can directly improve patient care and outcomes.
By facilitating these contributions, the Auxiliary enhances the quality of healthcare services available in the region, thereby positively impacting the health and well-being of the Odessa community. Their ongoing commitment and activities ensure that medical practitioners have the necessary tools to deliver effective care, ultimately fostering a healthier environment for all residents.
This information is meant to be a general summary of Medical Center Health System Auxiliary Of Odessa 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: $67,673
- Program Service Revenue: $35,565
- Gross Receipts: $114,384
Assets and Liabilities:
- Total Assets: $1,017,654
- Total Liabilities: $1,902
- Net Assets: $1,015,752
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VENDING MACHINE INCOME
Revenue
$35,565
Organization Details
Founding Year
1958
Phone
(432) 640-4000Principal Officer
Cheryl Ferguson
Main Address
500 W 4TH, ODESSA, TX, 79760
NTEE Category
Code: E22I - Health
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