Overview
What is Lompoc Hospital District Foundation?
The Lompoc Hospital District Foundation is a nonprofit organization situated in Lompoc, California. Its primary role is to support a local healthcare organization, ensuring the well-being of the community. The foundation's mission is centered around bolstering the Lompoc Healthcare District, dedicating its efforts towards this singular objective. The foundation's activities are geared towards advancing the healthcare sector in Lompoc, contributing to its overall growth and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) with an overall score of 70%. This rating indicates that while the Lompoc Hospital District Foundation demonstrates strengths, particularly in its governance and financial integrity, there are significant areas where improvements are necessary.
The foundation scores well in areas such as having a majority of independent board members and maintaining no material diversion of assets, both receiving full points. Financially, it maintains a strong liabilities-to-assets ratio, and a commendable program expense ratio of 70.83%, suggesting that a substantial portion of its expenses directly supports its programs.
However, the organization faces critical shortcomings, particularly in transparency and accountability. Key policies such as conflict of interest, whistleblower, and document retention policies are missing, along with a lack of publicly available board meeting minutes. These deficiencies have impacted its overall rating, highlighting a need for enhanced governance practices to boost its credibility and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Lompoc Hospital District Foundation legitimate?
Lompoc Hospital District Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lompoc Hospital District Foundation 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
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What is the mission statement of Lompoc Hospital District Foundation?
The Lompoc Hospital District Foundation is an organization with a mission to support a local healthcare organization. Their purpose is to bolster the operations and services of this healthcare institution, contributing to its overall well-being and effectiveness. By doing so, they aim to enhance the quality of healthcare provided to the community, ultimately benefiting the individuals who rely on their services.
What is the revenue of Lompoc Hospital District Foundation?
Lompoc Hospital District Foundation's revenue in 2024 was $191,549.
Who are the executives of Lompoc Hospital District Foundation and what are their salaries?
There 300 volunteers at Lompoc Hospital District Foundation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Lompoc Hospital District Foundation?
Lompoc Hospital District Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Lompoc Hospital District Foundation
The Lompoc Hospital District Foundation is an organization that is dedicated to supporting a health care institution located in Lompoc, California. Their mission, in essence, is to bolster the operations of this health care district, ensuring it can effectively serve its community. By providing necessary resources and assistance, the foundation aims to enhance the capacity and capabilities of the health care organization, thereby improving the overall health and well-being of the people it serves.
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Impact
October, 2024
Lompoc Hospital District Foundation plays a crucial role in enhancing healthcare services in Lompoc, CA. By providing vital support to the Lompoc healthcare district, it directly contributes to improving the health and well-being of the community. The Foundation aids in funding essential programs, initiatives, and services that ensure residents have access to quality medical care. Its efforts strengthen local healthcare resources, facilitate advancements in medical technology, and promote health education, ultimately fostering a healthier environment for the entire population. Through its commitment to supporting local healthcare, the Foundation is instrumental in making a positive and lasting impact on the lives of individuals in Lompoc.
This information is meant to be a general summary of Lompoc Hospital District Foundation. 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 2024.
- Investment Income: $45,155
- Gross Receipts: $1,038,824
Assets and Liabilities:
- Total Assets: $1,918,724
- Total Liabilities: $0
- Net Assets: $1,918,724
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Organization Details
Founding Year
1990
Principal Officer
Alice Milligan
NTEE Category
Code: E22I - Health
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