Overview
What is Legacy Community Health Endowment Inc?
Legacy Community Health Endowment Inc is a nonprofit organization situated in Houston, Texas. Its primary function involves fundraising, investment activities, and supporting Legacy Community Health Services. This health service provider offers patient care to over 140,000 individuals, ensuring their well-being and related activities. The endowment's mission is to provide financial support permanently for Legacy Community Health Services, ensuring its continued operation and service to the community.
Official website here: www.legacycommunityhealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Legacy Community Health Endowment Inc has achieved a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The overall score is derived solely from its accountability and finance metrics, reflecting a strong governance structure with 100% independent board members and a comprehensive set of policies in place, such as conflict of interest and whistleblower protections.
The organization has demonstrated responsible financial management, with no material diversion of assets and a favorable liabilities-to-assets ratio of 36.33%. Additionally, it has published its financial statements and maintains transparency through documented board meeting minutes and a clear website presence listed on its tax form.
However, the program expense ratio stands at 59.28%, which suggests that while the organization is managing its finances well, there may be room for improvement in allocating more funds directly towards its programs. Overall, Legacy Community Health Endowment Inc shows strong governance and accountability practices, although stakeholders may seek assurance regarding its programmatic spending efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is Legacy Community Health Endowment Inc legitimate?
Legacy Community Health Endowment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Legacy Community Health Endowment 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
Official website here: www.legacycommunityhealth.org
What is the mission statement of Legacy Community Health Endowment Inc?
The Legacy Community Health Endowment Inc's mission is to provide perpetual financial support for Legacy Community Health Services Inc. This mission is carried out through various fundraising and investment activities conducted by the endowment. The primary goal of Legacy Community Health Services is to offer patient care and related activities, serving over 140,000 individuals. In essence, the Legacy Community Health Endowment Inc exists to ensure the continued financial stability of Legacy Community Health Services, enabling them to continue providing essential healthcare services to their community.
Official website here: www.legacycommunityhealth.org
Who is the CEO of Legacy Community Health Endowment Inc?
Robert Hilliard Md is the Ceo Beg 01/22 of Legacy Community Health Endowment Inc. The CEO's salary of Legacy Community Health Endowment Inc is $0 and their total compensation is $0.
Official website here: www.legacycommunityhealth.org
What is the revenue of Legacy Community Health Endowment Inc?
Legacy Community Health Endowment Inc's revenue in 2022 was $2,690,596.
Official website here: www.legacycommunityhealth.org
Who are the executives of Legacy Community Health Endowment Inc and what are their salaries?
There 10 volunteers at Legacy Community Health Endowment Inc.
Here are 11 key members and their salaries (Legacy Community Health Endowment Inc's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.legacycommunityhealth.org
Where can I find the form 990 for Legacy Community Health Endowment Inc?
Legacy Community Health Endowment Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.legacycommunityhealth.org
Learn more at the official website: www.legacycommunityhealth.org
Mission Statement of Legacy Community Health Endowment Inc
Legacy Community Health Endowment Inc, as a supporting entity, is dedicated to achieving its mission of providing permanent financial assistance for Legacy Community Health Services Inc. This mission is geared towards ensuring the continued availability of essential health services and patient care activities for over 140,000 individuals. By engaging in fundraising, investment, and other endowment activities, Legacy Endowment plays a crucial role in securing the financial well-being of its associated health services organization. This mission ultimately aims to enhance and maintain the delivery of vital healthcare services to the community, thereby promoting overall health and wellness.
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Impact
July, 2024
Legacy Community Health Endowment Inc's impact is significant in providing permanent financial support for Legacy Community Health Services, Inc. This support enables Legacy Community Health Services to provide patient care and related services to over 140,000 individuals. Through fundraising, investment activities, and endowment management, Legacy Endowment plays a crucial role in ensuring the continued availability of essential health services for the community in Houston, Texas.
This information is meant to be a general summary of Legacy Community Health Endowment 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.
- Program Service Revenue: $2,350,767
- Gross Receipts: $2,690,596
Assets and Liabilities:
- Total Assets: $30,962,996
- Total Liabilities: $11,159,715
- Net Assets: $19,803,281
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$2,350,767
Organization Details
Founding Year
1988
Phone
(713) 830-3000Principal Officer
Robert Hilliard Md
Main Address
PO BOX 66308, HOUSTON, TX, 772666308
NTEE Category
Code: E12 - Health
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