Overview
What is North Colorado Medical Center Foundation?
North Colorado Medical Center Foundation, also known as Weld Legacy Foundation, is a charitable organization based in Greeley, Colorado. Their primary mission is to enhance the health, education, and overall well-being of the community in Weld County. To achieve this, they provide various grants to bolster North Colorado Medical Center's healthcare services and aid other local nonprofit organizations. Through these grants, the foundation aims to improve the educational and health standards within the county, positively impacting its citizens.
Official website here: www.weldlegacy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
The North Colorado Medical Center Foundation has achieved an impressive score of 88% on Charity Navigator, highlighting its solid accountability and financial health. The organization demonstrates strong governance with 100% independent board members and a well-structured audit and oversight committee. Additionally, it has robust policies in place for conflict of interest, whistleblower protection, and document retention, all contributing to its transparency and integrity.
Financially, the foundation has a favorable liabilities to assets ratio of 26.00%, indicating a manageable level of debt relative to its assets. However, it's worth noting that its program expense ratio is 63.47%, which, while decent, suggests there may be room for improvement in directing a higher percentage of its expenses towards programmatic activities. Overall, this foundation shows a commitment to ethical management and effective use of resources, making it a reliable recipient for donor support.
Despite its strengths, potential donors may want to consider the program expense ratio, as it indicates that not all funds are being used directly for programs. This aspect, along with the overall performance metrics, should be considered when evaluating the foundation's impact relative to its financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is North Colorado Medical Center Foundation legitimate?
North Colorado Medical Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Colorado Medical Center 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: $30,250
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.weldlegacy.org
What is the mission statement of North Colorado Medical Center Foundation?
The North Colorado Medical Center Foundation's mission is to positively impact the health, education, and wellness of its community. It achieves this by philanthropically contributing to enhance the quality of education and health services for its citizens. The foundation provides grants to nonprofit organizations, schools, and government entities, aiming to improve education and wellness. Through these grants, the foundation supports North Colorado Medical Center's ability to deliver healthcare to its community and also benefits other local nonprofit organizations. The North Colorado Medical Center Foundation, often referred to as the Weld Legacy Foundation, plays a significant role in enhancing the overall wellbeing of its community.
Official website here: www.weldlegacy.org
Who is the CEO of North Colorado Medical Center Foundation?
Jeffrey Carlson is the President & Chair of North Colorado Medical Center Foundation. The CEO's salary of North Colorado Medical Center Foundation is $0 and their total compensation is $51,786.
Official website here: www.weldlegacy.org
What is the revenue of North Colorado Medical Center Foundation?
North Colorado Medical Center Foundation's revenue in 2022 was $1,535,969.
Official website here: www.weldlegacy.org
Who are the executives of North Colorado Medical Center Foundation and what are their salaries?
There 200 volunteers at North Colorado Medical Center Foundation.
Here are 14 key members and their salaries (North Colorado Medical Center Foundation's CEO's salary is $0 and their total compensation is $51,786):
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- Related: $47,959
- Other: $3,827
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- Related: $34,568
- Other: $5,074
- Compensation: $0
- Related: $38,105
- Other: $8,806
Official website here: www.weldlegacy.org
Where can I find the form 990 for North Colorado Medical Center Foundation?
North Colorado Medical Center Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.weldlegacy.org
Learn more at the official website: www.weldlegacy.org
Mission Statement of North Colorado Medical Center Foundation
The North Colorado Medical Center Foundation, in its mission, aims to positively impact the health, education, and wellness of individuals residing in Weld County. This philanthropic organization contributes financially to enhance the quality of healthcare, education, and overall well-being within this community. Through providing grants to various nonprofit organizations, schools, and government entities, the Foundation seeks to improve the education and wellness of Weld County's citizens.
By distributing funds to support local nonprofit organizations and schools, the North Colorado Medical Center Foundation works to strengthen the capabilities of these entities to deliver exceptional services to their respective communities. Additionally, the Foundation extends its philanthropic efforts to other nonprofit organizations, such as the Weld Legacy Foundation, by offering them grants that contribute to their goals and objectives. The ultimate aim is to positively impact the health and education sector in Weld County.
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Impact
July, 2024
The impact of North Colorado Medical Center Foundation is to positively impact the health, education, and wellness of Weld County. Through various grants, the foundation enhances North Colorado Medical Center's ability to deliver healthcare to the Northern Colorado community. Additionally, other local organizations in Weld County benefit from the grants made by the foundation. By philanthropically contributing to enhance the health and education quality of citizens in Weld County, the foundation aims to positively impact education and wellness in the community.
This information is meant to be a general summary of North Colorado Medical Center 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 2022.
- Investment Income: $400,873
- Program Service Revenue: $50,640
- Gross Receipts: $4,131,416
Assets and Liabilities:
- Total Assets: $29,729,233
- Total Liabilities: $7,730,611
- Net Assets: $21,998,622
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM RENTAL INCOME
Revenue
$50,640
Organization Details
Founding Year
1975
Phone
(970) 356-9020Principal Officer
Jeffrey Carlson
Main Address
815 8TH AVENUE, GREELEY, CO, 80631
Website
www.weldlegacy.orgNTEE Category
Code: E110 - Health
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