Overview
What is Bonnie Langston Mem Medical Equip Tr?
Bonnie Langston Mem Medical Equip Tr is a nonprofit organization located in Montrose, Colorado. Their primary mission is to provide funding for the purchase of medical equipment for patients at Montrose Memorial Hospital. This commitment to healthcare improvement allows the hospital to better serve its clientele, ensuring they have access to the necessary resources for their health needs. This philanthropic organization's activities contribute to enhancing the overall quality of medical care in the Montrose community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, 73%, Two-Star out of Four Star rating
Bonnie Langston Mem Medical Equip Tr has received a "Needs Improvement" rating from Charity Navigator, reflecting a score of 73%. This indicates that while there are areas of strength, there are also significant opportunities for growth in the organization. The two-star rating suggests that potential donors should proceed with caution.
The organization excels in accountability and finance, achieving a perfect score of 100%. Key strengths include having a fully independent board with all members meeting independence criteria, a robust liabilities to assets ratio of 0.00%, and a commendable program expense ratio of 75.13%. These indicators demonstrate responsible financial management and commitment to its mission.
However, despite strong financial governance, the overall "Needs Improvement" rating implies that there could be concerns regarding operational effectiveness or impact measures that have not been addressed. Potential supporters may want to consider these limitations when evaluating the organization for donations or partnerships.
This AI summary has been generated from information found on Charity Navigator.
Is Bonnie Langston Mem Medical Equip Tr legitimate?
Bonnie Langston Mem Medical Equip Tr is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bonnie Langston Mem Medical Equip Tr 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: $4,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Bonnie Langston Mem Medical Equip Tr?
Bonnie Langston Medical Equipment Trust's primary mission is to provide funding for the procurement of essential medical equipment for patients at a local hospital, specifically Montrose Memorial Hospital. By doing so, the trust aims to enhance the hospital's capabilities and improve the overall healthcare services offered to its patients. The trust has previously contributed to the purchase of medical equipment for the hospital, demonstrating its commitment to supporting the healthcare needs of the community. Its activities are focused on securing resources to equip the hospital with the necessary tools to deliver quality care to its patients.
Who is the CEO of Bonnie Langston Mem Medical Equip Tr?
Daniel J Lowenberg is the Trustee of Bonnie Langston Mem Medical Equip Tr.
What is the revenue of Bonnie Langston Mem Medical Equip Tr?
Bonnie Langston Mem Medical Equip Tr's revenue in 2022 was $30,388.
Who are the executives of Bonnie Langston Mem Medical Equip Tr and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $1,342
- Related: $0
- Other: $1,000
- Compensation: $0
- Related: $0
- Other: $1,750
- Compensation: $0
- Related: $0
- Other: $1,750
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Bonnie Langston Mem Medical Equip Tr?
Bonnie Langston Mem Medical Equip Tr's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bonnie Langston Mem Medical Equip Tr
Bonnie Langston Mem Medical Equip Tr is a nonprofit organization with a mission to financially support the acquisition of medical equipment for Montrose Memorial Hospital and its patients. By providing funding, this organization ensures that the hospital can offer the necessary medical tools for its patients, thereby enhancing the quality of healthcare services provided. This support, in turn, contributes to the well-being of the patients under the hospital's care.
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Impact
October, 2024
Bonnie Langston Mem Medical Equip Tr plays a crucial role in enhancing healthcare accessibility and quality for patients at Montrose Memorial Hospital. By providing essential funding for the purchase of medical equipment, the organization directly contributes to improving the hospital's capabilities and the overall patient experience. This support enables better diagnosis, treatment, and care for the community, ensuring that individuals receive the medical attention they need in a timely manner. The impact of their funding extends beyond immediate patient care, fostering a healthier community in Montrose, Colorado.
This information is meant to be a general summary of Bonnie Langston Mem Medical Equip Tr. 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: $30,388
- Gross Receipts: $37,993
Assets and Liabilities:
- Total Assets: $358,916
- Total Liabilities: $0
- Net Assets: $358,916
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Organization Details
Founding Year
1994
Phone
(970) 240-2812Principal Officer
Daniel J Lowenberg
Main Address
144 S UNCOMPAGHRE AVE, MONTROSE, CO, 814013966
NTEE Category
Code: E24 - Health
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