Overview
What is Well Care Foundation Inc?
Well Care Foundation Inc, based in Las Vegas, Nevada, is a nonprofit organization with a mission to innovate and offer comprehensive solutions for the underserved community. Their primary goal is to reduce hospitalization costs and improve patient outcomes by implementing novel programs. With a dedicated workforce of 90 individuals, they strive to enhance access to healthcare for those who are often overlooked, ultimately aiming to improve overall health outcomes for this population.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 35%, Zero-Star out of Four Star rating.
Well Care Foundation Inc has received a low score of 35% from Charity Navigator, resulting in a Zero-Star rating. This rating indicates significant concerns regarding the charity's accountability and financial practices. Notably, the foundation lacks independent board members and has not established essential governance policies, which raises questions about its oversight and transparency.
Despite the financial accountability issues, the organization has managed to allocate a substantial portion of its expenses—87.25%—towards programs, which is a positive aspect of its financial management. However, the high compensation for top executives compared to the overall financial governance raises concerns about resource allocation within the charity.
Overall, the lack of critical governance practices such as conflict of interest and whistleblower policies, along with the absence of documentation for board meetings, highlights serious deficiencies in organizational oversight. Potential donors should consider these limitations when evaluating their support for Well Care Foundation Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Well Care Foundation Inc legitimate?
Well Care Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Well Care 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: $1,281,054
For more financial information, click here
What is the mission statement of Well Care Foundation Inc?
The Well Care Foundation Inc's mission is centered around developing innovative programs and solutions. Their primary objective is to enhance access to comprehensive care for underserved populations. By implementing these innovative strategies, they aim to decrease the overall expenses associated with hospitalizations and ultimately improve patient outcomes. The foundation has demonstrated its commitment to this mission by providing comprehensive care and successfully reducing hospitalization costs.
Who is the CEO of Well Care Foundation Inc?
Marcelino Casal is the Secretary of Well Care Foundation Inc.
What is the revenue of Well Care Foundation Inc?
Well Care Foundation Inc's revenue in 2021 was $3,451,069.
Who are the executives of Well Care Foundation Inc and what are their salaries?
The average compensation at Well Care Foundation Inc during 2021 was $14,234. There are 90 employees at Well Care Foundation Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $112,000
- Other: $22,994
- Compensation: $124,027
- Related: $0
- Other: $0
- Compensation: $0
- Related: $97,167
- Other: $22,994
- Compensation: $0
- Related: $72,097
- Other: $22,994
Where can I find the form 990 for Well Care Foundation Inc?
Well Care Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Well Care Foundation Inc
Well Care Foundation Inc, a nonprofit organization, is committed to creating innovative programs and solutions. Their mission is centered around enhancing access to comprehensive care for the underserved population. The ultimate goal is to reduce the overall costs of hospitalizations and improve patient outcomes. By implementing these innovative strategies, Well Care Foundation Inc aims to make a significant impact in the healthcare sector, ensuring that underserved individuals receive the care they need in a cost-effective manner.
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Impact
July, 2024
Well Care Foundation Inc has had a significant impact by creating innovative programs and solutions that improve access to comprehensive care for the underserved. This has not only reduced the overall costs of hospitalizations but has also led to improved patient outcomes. This organization's work in providing comprehensive care in Las Vegas, NV, demonstrates a commitment to addressing the healthcare needs of vulnerable populations and making a tangible difference in the community.
This information is meant to be a general summary of Well Care 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Program Service Revenue: $1,864,726
- Gross Receipts: $3,451,069
Assets and Liabilities:
- Total Assets: $1,412,534
- Total Liabilities: $1,421,253
- Net Assets: -$8,719
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAL PAYMENTS
Revenue
$1,864,726
Organization Details
Founding Year
2017
Phone
(818) 468-6355Principal Officer
Marcelino Casal
Main Address
3312 W Charleston Blvd, LAS VEGAS, NV, 89102
NTEE Category
Code: P20 - Human services
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