Overview
What is Shannon West Texas Memorial Hospital Auxiliary Inc?
Shannon West Texas Memorial Hospital Auxiliary Inc is a charitable organization located in San Angelo, Texas. Their primary objective is to support Shannon West Texas Memorial Hospital by raising funds through various projects and operating a hospital gift shop. These funds are then used to provide necessary supplies for various departments within the hospital. The Auxiliary's mission is to contribute financially to the hospital, thereby enhancing its capability to cater to the healthcare needs of its patients.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (73%, Two-Star out of Four Star rating)
Shannon West Texas Memorial Hospital Auxiliary Inc received a Two-Star rating from Charity Navigator, indicating that while the organization shows strong performance in accountability and finance, there are significant areas needing improvement. The organization scored a perfect 100% in accountability metrics, highlighting the presence of an independent board and no material diversion of assets. However, the absence of essential governance policies, such as conflict of interest and whistleblower policies, raises concerns regarding its operational transparency.
Despite these shortcomings, the nonprofit demonstrates a commendable program expense ratio of 86.59%, suggesting that a large portion of its funds is directed towards its programs rather than administrative costs. The organization also maintains a low liabilities to assets ratio of 3.79%, which speaks to its financial health and stability. Overall, while the organization excels in fiscal accountability, the missing policies and lack of transparency on its website are critical areas that could improve its rating and trustworthiness.
To enhance its standing, Shannon West Texas Memorial Hospital Auxiliary Inc should prioritize implementing and publicizing its governance policies and making its tax-related documents available online. Addressing these gaps could not only elevate its rating but also bolster public confidence in its operations and mission.
This AI summary has been generated from information found on Charity Navigator.
Is Shannon West Texas Memorial Hospital Auxiliary Inc legitimate?
Shannon West Texas Memorial Hospital Auxiliary Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shannon West Texas Memorial Hospital Auxiliary 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 Shannon West Texas Memorial Hospital Auxiliary Inc?
The mission of Shannon West Texas Memorial Hospital Auxiliary Inc is to support its affiliated hospital by raising funds through various projects and operating a gift shop within the hospital. These funds are then utilized to make cash donations and purchase necessary supplies for different hospital departments. This non-profit organization's primary objective is to enhance the hospital's capabilities and resources, thereby contributing to the overall betterment of patient care. The auxiliary's activities are instrumental in providing the hospital with essential equipment, further improving healthcare services.
What is the revenue of Shannon West Texas Memorial Hospital Auxiliary Inc?
Shannon West Texas Memorial Hospital Auxiliary Inc's revenue in 2023 was $118,396.
Who are the executives of Shannon West Texas Memorial Hospital Auxiliary Inc and what are their salaries?
There 157 volunteers at Shannon West Texas Memorial Hospital Auxiliary Inc.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Shannon West Texas Memorial Hospital Auxiliary Inc?
Shannon West Texas Memorial Hospital Auxiliary Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Shannon West Texas Memorial Hospital Auxiliary Inc
Shannon West Texas Memorial Hospital Auxiliary Inc is a dedicated organization with a mission to support its namesake hospital financially and materially. They achieve this by raising cash donations and purchasing necessary supplies for various hospital departments. This mission is fulfilled through the execution of various projects and the operation of a gift shop within the hospital. The proceeds generated from these activities are then utilized to provide the hospital with the much-needed resources. By doing so, Shannon West Texas Memorial Hospital Auxiliary Inc plays an essential role in enhancing the overall functionality and service delivery of Shannon West Texas Memorial Hospital.
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Impact
August, 2024
Shannon West Texas Memorial Hospital Auxiliary Inc has a significant impact on the Shannon West Texas Memorial Hospital by providing cash donations and purchasing needed supplies for various departments. Through projects and operating a gift shop within the hospital, the auxiliary generates funds to support the hospital's activities. This assistance helps to equip the hospital with essential resources, contributing to the overall quality of healthcare services provided to the community.
This information is meant to be a general summary of Shannon West Texas Memorial Hospital Auxiliary 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: $1
- Program Service Revenue: $140
- Gross Receipts: $322,137
Assets and Liabilities:
- Total Assets: $452,866
- Total Liabilities: $10,494
- Net Assets: $442,372
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues & Assessments
Revenue
$140
Organization Details
Founding Year
1975
Principal Officer
Cheridan Lyons
NTEE Category
Code: E22I - Health
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